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Long Run Explor Ltd Ord WFREF

"Long Run Exploration Ltd is engaged in the development, exploration and production of oil and natural gas in western Canada."


GREY:WFREF - Post by User

Comment by PUNJABIon Dec 03, 2014 12:49am
254 Views
Post# 23188847

RE:RE:RE:Why doesn't Lon Run Management update more regularly ?

RE:RE:RE:Why doesn't Lon Run Management update more regularly ?HOU can be dangerous product for buying & holding. It is leveraged & will destory the holder if the prices swings hard in the wrong direction for a period of time before it moves in the right direction. The daily move has double impact. It is not for novice investors.

It works when you pick the right direction. Some use it for a very short period.

https://www.horizonsetfs.com/pub/en/etfs/?etf=HOU&tab=overview


The Horizons BetaPro NYMEX® Crude Oil Bull+ ETF (HBP Crude Oil Bull+ ETF) and the Horizons BetaPro NYMEX® Crude Oil Bear+ ETF (HBP Crude Oil Bear+ ETF) seek daily investment results equal to 200% the daily performance, or inverse daily performance, of the NYMEX® light sweet crude oil futures contract for the next delivery month. The HBP NYMEX® Crude Oil Bull+ and Bear+ ETFs are denominated in Canadian dollars, as the US dollar exposure of the underlying index is hedged daily.
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