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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 mtvrdonon Dec 27, 2017 4:19pm
86 Views
Post# 27233538

RE:RE:RE:RE:Sold half

RE:RE:RE:RE:Sold halfSelling half is logical.   I did a similar thing and sold just under a half....  I will be looking for dips tomorrow.   I expect there will be a huge draw when they report this past week on Jan 4.   However, tomorrow's report is for the fairly average week up to Dec 21 and the shorts may use the mediocre anticipated draw in tomorrow's report to chase the price down before the loading ahead of the very cold weather and next week's report begins.   Beyond about Jan 10 forecasts are heading a bit milder as well.   If there were less manipulation involved, I'd just be holding this and waiting because after this one we should have at least two very large draws in the works.  However, lots of trading games here have been doing pretty well buying on the dips.
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