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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.

TSX:HOU - Post Discussion

BetaPro Crude Oil Leveraged Daily Bull ETF > Hou Management a complete Garbage people
View:
Post by moneywinner1 on May 01, 2020 9:56am

Hou Management a complete Garbage people

That is my vie , I would fire them and replace with people that know how to make money .
CEO a thief or blind or logic is not There
Comment by moneywinner1 on May 01, 2020 10:07am
Do not recommend to put your money here . Those managers in my view are not capable to make money 
Comment by Mat1791 on May 01, 2020 10:10am
MW What is HOU an investment in??? And what happened to said investment??? How is that management's problem... This is not an actively managed mutual fund or discretionary investment.  Its an etf based on oil!  Where oil goes it goes, no management involved outside of rebalancing to daily track. If you didn't, or continue to, not understand that, not sure your blaming the ...more  
Comment by goldsucks on May 01, 2020 10:11am
Managers make tons of money on this, it's "investors"  that are loosing their shirt on this and still piling in. Who's the smart guy here?
Comment by moneywinner1 on May 01, 2020 10:15am
Exactly, they are thieves not money managers 
Comment by moneywinner1 on May 01, 2020 11:37am
You are better than them just buy individual good companies and you portfolio will look a winner .  never invest in ETF 
Comment by ufoolme on May 01, 2020 11:53am
Whether you make money on HOU is not dependent on Horizons managements ability to make money.  They only attempt to match the return of the underlying commodity.  Unfortunately the market has taken over the pricing of the ETF as hHorizons cannot issue new subscriptions to ensure price stays relatively close to the NAV like it DID WHEN IT TRADED PROPERLY.  
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