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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 biren1on Dec 21, 2012 10:38am
96 Views
Post# 20760993

RE: RE: RE: RE: RE: HND on sale soon...

RE: RE: RE: RE: RE: HND on sale soon...

You never know at this point longGuy. Their new blackberry is due out in january, and is supposedly getting rave reviews, with the carriers even apparantly putting some of their money in to market it. But the company has come to a point now where this new product might make or break the company. If it does well on initial sells, then it is definetly a buyout target by samsung or another major. Otherwise you might see it drop back to $6 or so.

I have just been daytrading it myself on any big movements like today. I am currently all cash, but have a bid in at $11.60 for a few shares, and will load up some more before it drops. Expect further up and down movements in the next week up to the fiscal cliff vote

GLTA

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