BetaPro Canadian Gold Miners -2x Daily Bear ETF T.HGD

Alternate Symbol(s): HZRZF

HGD seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the Solactive Canadian Gold Miners Index. If HGD is successful in meeting its investment objective, its net asset value should gain approximately twice as much on a given day, on a percentage basis, as any decrease in the Solactive Canadian Gold Miners Index when this Underlying Index declines on that given day. Conversely, HGDs net asset value should lose approximately twice as much on a given day, on a percentage basis, as any increase in the Solactive Canadian Gold Miners Index when this Underlying Index rises on that given day. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HGD employs leverage.

TSX:HGD - Post by User

BetaPro Canadian Gold Miners -2x Daily Bear ETF

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Comment by syedbaqaron Sep 13, 2016 9:58pm

103 Views

Post# 25234212

RE:RE:Information

Thanks for the information......

I bought 14000 @ 8.3135 yesterday and sold them @ 8.40$ this morning.

1211$ profit.

I do have regret for selling them at low price. I could easily made up to 5K profit today. The only reason I sold them at 8.40$ this morning because Gold was very bullish last night in Asian market. To be very honest I was not comfortable holding this stock after looking gold going up at that time. Gold gained 3.95$ just before open in 5mins this morning and people were saying gold has hit the bottom this morning….so I tought gold will hit 1340$ today but instead of going up it went down!!!

Ohhhh well profit is profit I am happy that I made some money this morning.

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