Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by metalslugon Sep 05, 2009 2:57pm
235 Views
Post# 16281840

From a bull's mouth

From a bull's mouthhttps://seekingalpha.com/article/159835-another-natural-gas-bull-sticks-his-neck-out

"While he is calling for higher natural gas prices than most people for next year, he does expect gas to hit the low $1 range in Canada and low $2 range in the US before the end of October. That is the time to be buying natural gas stocks, he says.

His arguments are similar to what both Tristone Capital out of Calgary and Sanford Bernstein & Sons Co. out of New York have said recently."
---------------------------------------------------------------------------------------------------------------------------------

Here's what I think will happen. NG will AT LEAST retest $2.50 in 6-8 weeks time (creating a double bottom), if that doesn't hold it will probably hit $2.00-2.20. The extreme downtrend is not over by a long shot and I think it will take a couple of months to bottom out. There could be buying opportunities in HNU around $1. I think it will AT LEAST retest 1.60. MY VIEWS ONLY.

Bullboard Posts