BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Positive

[Canucks7717]

Isn't this good news? Mat do you officially consider HOU fixed after this? I know you were waiting for a few requirements before jumping back in and I definitely believe the re-opening of subscriptions and allowing it to trade at it's new NAV was one of them.

[ufoolme]

Bad news for those who currently own it.  As for future of HOU, it is now just a 1X tracking of September future oil price.  Should track this pretty tighty, but volatility will be half of what HOU originally was.

[flyboy27]

What time does it start trading again??? any idea?

[theman0]

10:15. few minutes away from huge losses for some. Hate to say I told you so.

[Canucks7717]

Mat? Can you answer this please haha.    It seems to finally be trading at its NAV and subscriptions are back as of tomorrow. Are you back in? 

[Canucks7717]

Last piece of missing news is "Horizons ETF HOU Management makes HOU 2x leveraged again". Having that, + new subscriptions = trading at its NAV.. its fixed!

[Canucks7717]

now we can finally just track the future price of oil & be long.. and hope that at one point while we're holding to get a halt that says "2x back on"

[theman0]

Why would you be asking this clown for any info. Roughly 2 weeks ago he was on this very board practically promoting this POS. HE KNOWS NOthing! theman0 on the other hand did everything I could to stear you away from this disaster.

[Mat1791]

How about you cut and paste one of my past posts to support your statements???

[Mat1791]

Sorry Canucks was on a work call... Sorry to some, this isn't fun times, but most on this board warned you, this was inevitable! You either decided to continue to gamble, or just refused to listen to the right people... To your question, yes this is exciting, we now have the product back to functioning properly, however at 1X... I have been using HUC but would rather be invested in a

[Canucks7717]

Awesome! Thanks for this. Just hopped back in HOU

[Mat1791]

Not 100% fixed, yet. Remember, outside of 1X, the cotract rollovers for HOU are still not known.  We hold Sep2020 but haven't been made aware of when they will roll and to what month. Second, outside of 1 day, over time, volatility, fees, rollover decay, etc, HOU's long term performance wont accurately track its underlying commoditiy. Typically used for trading and hedging... GL

[ufoolme]

What the eff is wrong with you morons?  Horizons have very clearly stated that the HOU futures contract will be rolled 100% on the 10th business day of each month.  And you guys are pretending to "invest" in anything.  Clearly you should go back to grade school. where do you come up with all of these lies.  Is this the new Trump syndrome?  Lie as much as you want

[Mat1791]

Clearly????.....Wrong....UfoolYOU TORONTO – April 28, 2020 – Horizons ETFs Management (Canada) Inc. (the “Manager”) announces that, further to the Manager’s press releases announcing certain amendments to the rolling methodology employed by the ETFs on April 22, 2020, the BetaPro Crude Oil 2x Daily Bull ETF1 (“HOU”) and the BetaPro Crude Oil -2x Daily Bear ETF2 (“HOD”, and