Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU



TSX:HVU - Post by User

Post by Shortcallon Feb 07, 2018 4:37pm
131 Views
Post# 27522225

Horizons fraud. Caught by short selling ban.

Horizons fraud. Caught by short selling ban."without prejudice"

Horizons beta pro got caught offside as the Vix spiked and  they had sold too much stock into the market. They had no underlying derivatives to protect them. The way they offset the loss was to halt the HVI it was to open at $10 so the put the halt back in until they could cover their short position at $2. The vix spike after hours had no effect on them as they have no exposure other than the offsetting HVU which they had oversold. Horizons is failing to return calls and is not issueing any news releases. The Nav posted for Mon night was $13.40. These fraudsters need to be held accountable. Most likely true of all their funds.
<< Previous
Bullboard Posts
Next >>