Bullboard - Stock Discussion Forum BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s): HROZF | HZOZF

HOU¿s investment objective is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the daily performance of the Horizons Crude Oil Rolling Futures Index. HOU is denominated in Canadian dollars.

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BetaPro Crude Oil Leveraged Daily Bull ETF > Once Again, i am pitching HEU

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Post by CanadianKia on Apr 29, 2020 9:32am

Once Again, i am pitching HEU

People, get out of this one and just track it for now. HOU is not a good investment right now.

Move to HEU, at least its tracking companies. Much better and safer bet right now compared to this nonesense.

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Comment by JettJava on Apr 29, 2020 9:47am

I dont mind someone coming on another board pitching their pick once in a while but .... I think we are all getting to be like.... " oh YOU AGAIN" Frig buddy give it a rest ... IT'S tiring

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Comment by CanadianKia on Apr 29, 2020 9:58am

i know i know. im not trying to spam this board. I owned HOU many times and i think i was only in the positive a few times. I am watching from the sideline and i think the HEU might be a bettter option long term, but if HOU is priced right, i think i might jump back in. right now its too expensive. i think people will lose some money unless you're purely day trading.

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Comment by ufoolme on Apr 29, 2020 10:01am

And once again, I remind all of you that this is a 2 times leveraged ETF, and like all leveraged ETF's, they are headed for 0. It is not a long term hold. Daily only. And please note, you can check the constituents of TTEN (the underlying index to which it is tracked) and see that it is made up entirely of energy companies. And you have to have had your head in the sand ...more

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