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

Alternate Symbol(s):  HZOZF | HROZF

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 > Oil at $33.50 and we are at $12.60 pre split? total robbery
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Post by 1hot-techwoman on May 20, 2020 3:19pm

Oil at $33.50 and we are at $12.60 pre split? total robbery

When oil was at this price we were $6.00 per share.....then it got walked down to $0.60 in week and half then the fund decides to do a 20 to 1 reverse consolidation and remove the 2 x level so put us here at $12.60 now....most people if you bought this less than 3 weeks ago you now need this to goto $100.00 per share to breakeven !!! These people should goto jail !!! PURE CRIMINAL !!!!
Comment by Freedom8 on May 21, 2020 12:40pm
Agreed. I had 10,000 shares at the end of March. There was a 1:10 consolidation then a 1:20 a few weeks later and the price still crashed !! WTF that’s now 1:200 ?? I now have 50 shares and my breakeven is $260 !! Yah like that’s ever gonna get there.  Where has all that money gone? Who has it ? The fund??  Someone needs to contact SEDAR and start an investigation. I’m sure I’m not the ...more  
Comment by 1hot-techwoman on May 21, 2020 12:59pm
This is a pure scam orchestrated by this ETF to take money off the average person IMO !!! When oil was at $25.00 barrel about month ago this was $6.00 per share, then because of the 2x value oil plummeted ( all the BS no where to put it worth nothing etc ) it went to $0.60 in week and a half !!!! Wiped everyone out then....so then the fund says we have to do a 20 to 1 consolidation in order to ...more  
Comment by srtman03 on Jun 01, 2020 7:43am
Sad !! Wait for July 2 to go back to 200x $$$$
Comment by 1hot-techwoman on Jun 03, 2020 7:05am
Sure oil has doubled in month and here we sit...TOTAL SCAM !!!
Comment by Mat1791 on Jun 03, 2020 7:53am
Close to no truths or accurate points throughout this string of posts!! Check that... The only truth, a couple of posters who have no clue how HOU works! Sorry for your losses, but if you believe what you have posted, then you had no business investing in HOU in the first place... There is your only truth! Blame should only be directed at the reflection in the mirror...
Comment by Brooklyn15 on Jun 03, 2020 8:28am
Next time oil is being totally decimated, buy HOD.
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