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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs 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 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains or losses as a result of HNUs investment are hedged back to the Canadian dollar to the best of its ability. The Fund To be successful in meeting its investment objective during the period, HNUs net asset value should have gained up to two times as much on a given day, on a percentage basis, as its Underlying Index rose on that given day. Conversely, HNUs net asset value should have lost up to two times as much on a given day, on a percentage basis, as its Underlying Index declined on that given day.


TSX:HNU - Post by User

Post by frenchie5on Aug 21, 2009 5:33pm
512 Views
Post# 16239544

This is my limit !

This is my limit !I'm a patient guy ,but after going down for I don't know ,how many days in a row, I have stop counting by now , It seems that there is no bottom for this POS, many of us got caught in one hell of a bear trap, I never imagined in my wildest dreams, we would go down that low. Right now i'm at the extreme limit as to how much more pain how i can endure , if next monday the trend does not change clearly , i'm gonna have to do a major move, since a got no cash left to average down on this POS . I'm invested in NAT GAS ETF'S  up to my eyeballs and it's hurting me a lot . I have 72K shares of HNU average $4.00, and 20k shares of T.GAS claymore average 5.78 . I'm down 30% with HNU and down 25% with T.GAS , so if you do the math you will understand ,why  i have a pretty hard time sleeping at night these days, anybody out there could supply me with sleeping pills please ? ( Hammerbit don't bother responding please) . So next monday if the trend does not change clearly , i will sell my entire position in T.GAS and sell half of my HNU holdings, at least after that , i will have cash to use for daily trading and maybe recuperate some of my losses .One more thing i would like to say to all those market manipulators out there , Bravo  !  I throw my hat at you guys , you really got me good this time you bunch of azzholes , enjoy all  the money you took from me, you deserve to go to Hell, and I hope you will evetually end up over there soon. I forgot to say this  , from now on ,any stocks i will buy, i will use a 5% stop loss, because no one is ever going to take me down that far ever again, I have learned my lesson this time  . Good luck to all . Cheers.
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