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BetaPro Canadian Gold Miners 2x Daily Bull ETF T.HGU

Alternate Symbol(s):  HZNSF

HGU seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the daily performance of the Solactive Canadian Gold Miners Index. If HGU is successful in meeting its investment objective, its net asset value should gain approximately twice as much on a given day, on a percentage basis, as the Solactive Canadian Gold Miners Index when this Underlying Index rises on that given day. Conversely, HGUs net asset value should lose approximately twice as much on a given day, on a percentage basis, as the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HGU employs leverage.


TSX:HGU - Post by User

BetaPro Canadian Gold Miners 2x Daily Bull ETF
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Comment by mikerosoft666on Oct 17, 2008 8:26pm
341 Views
Post# 15532930

RE: took some losses today!

RE: took some losses today!
So going to throw in a stink bid for $6.25 which should be around the next gold price at support level of $739.

I for one believe that the rise is inevitable and it becomes annoying waiting - especially when all the circumstances indicate higher gold prices...  not sure about the manipulating but it sounds plausible and is even encouraging that one day soon they will let the balloon go and up up and away...


Bullboard Posts
Dealroom for high-potential pre-IPO opportunities