BetaPro Canadian Gold Miners -2x Daily Bear ETF T.HGD

Alternate Symbol(s): HZRZF

HGD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the Solactive Canadian Gold Miners Index. If HGD 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 any decrease in the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. Conversely, HGDs net asset value should lose approximately twice as much on a given day, on a percentage basis, as any increase in the Solactive Canadian Gold Miners Index when this Underlying Index rises 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, HGD employs leverage.

TSX:HGD - Post by User

BetaPro Canadian Gold Miners -2x Daily Bear ETF

Bullboard Posts

Post by Cartman666on Dec 10, 2008 9:48am

395 Views

Post# 15636909

In Tears...

Not even a chance to get out at the open... I'm down big on the gap down at the open.. I've traded HGU and HGD about 12 times each in the past two months and never lost a dime... now I'm getting raped... I can only hope for a bounce back to recover some of the loss.. just had to vent...

AAAAAHHHHHHHHHHHH!!!!!!!!

C-man

Bullboard Posts

Visionstate set to leverage success in the U.S. market