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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

Comment by Goldbug0675on Feb 18, 2010 4:12pm
191 Views
Post# 16797260

RE: RE: RE: Natural gas tumbles on large supplies

RE: RE: RE: Natural gas tumbles on large suppliesI was short on HOU too but covered near close. I still own HOD and holding the bag on HNU. Man, I feel like an idiot. I had 1000 shares of HND I bought at $5.08 last week. SInce the inventory numbers were supposed to be good today I decided to sell my HND and buy HNU. What a mistake? I guess that's what happens when you are impatient and greedy.

Does anyone else feel like they got corn holed today by the pit traders? I guess those douchebags decided to short HNU today and run it down. At least it only dropped 20 cents. I hope we get back above $10 again. If todays numbers did squat for NG then next week we are all screwed. We may all have to cut our losses and will be licking our chops until next winter :(
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