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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HROZF | HZOZF

HOU¿s 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%) the daily performance of the Horizons Crude Oil Rolling Futures Index. HOU is denominated in Canadian dollars.


TSX:HOU - Post by User

BetaPro Crude Oil Leveraged Daily Bull ETF
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Comment by itharamion Apr 24, 2020 4:08pm
163 Views
Post# 30951470

RE:RE:Tomorrow

RE:RE:Tomorrow
AngelaF wrote: monday..... :)


That's just my guess based on the info we've been sharing here.  If NAV is 0.53 and SP and NAV need to converge, and if oil trades around the same price as today, since NAV follows oil price 1x leverage, then sp will slowly deflate until it converges with NAV.  If oil goes down, NAV will go down, and vice versa.  It's really hard to predict.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities