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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 td182aon Sep 09, 2009 1:57am
281 Views
Post# 16288708

Would Gas producer be better bet?

Would Gas producer be better bet?I do not as yet hold a position in HNU, I have had but was stopped out a while back. (for a considerable loss)  I am considering it again, but 'once burned; twice shy'.
I suspect most folks would agree that Nat Gas has to move up, it is unrealistically low. Would it not be a bit of a safer bet to buy into good, serverely undervalued gas producers? I have been looking for some, and have noticed they seem to have bottomed and some are starting up. An example would be ISN. There seems to be little bull board activity, so I can't find out any problems that way, but I can't find any obvious issues other than low Nat Gas prices. This company for example has more money per share in the bank than their stock price!! I started to buy in a couple of weeks ago, and so far have a 10+ % gain.
I would be very interested if some one could find a problem with this company, and if anyone has any other sleeping beauties.

On another note, we should all click on a few ads on stockhouse, they are in financial difficulty. Do a google search, they have asked info providers for a break on their bill. It would be a sad day if this site was shut down.
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