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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 edxon Apr 10, 2014 11:29am
81 Views
Post# 22435161

RE:RE:RE:Went as Doable

RE:RE:RE:Went as Doable
guido1968 wrote:

Very possible but I'm not convinced yet that NG won't touch the $4.75 level......My initial idea is now 1/2 position at $5.10ish and then another 1/2 at $4.95ish if NG does in  fact move to $4.75....

Market maker will pressure the margin requirements on afternoon trade if indeed retail investors margins got triggered on this HND kill....



I remember posting about a month ago saying I wouldn't hold U or D overnight until storage levels get back to something approaching normal. The storage levels are still ultra low and as consumers restock prices could still go higher depending on how quickly they do so... but I don't want to miss the D bus. I've missed way too many opportunities in my time because I was a little too greedy and was trying to cherry pick a bottom. Sadly my bids weren't filled yet because prices aren't cooperating... but once I get filled I'm prepared to hold up D to a month.
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