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.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Nakateon Apr 25, 2020 1:56pm
200 Views
Post# 30953338

RE:RE:RE:RE:RE:RE:Possibly at $ 0 ?

RE:RE:RE:RE:RE:RE:Possibly at $ 0 ?all that happen is the share price is consolidated  a 1 dollar share becomes a 20 dollar share the value of the contracts owned by the fund remains the same, sure the new share now owns 20 times the oil as the 1 dollar share did but the value of the how much 1 dollar owns stays the same.

Just remember if you hold through consoldation you will have trouble selling until the new shares are deposited into your account. It usually take 3 days but many have b'tched that it takes longer, You will have to phone in and get a broker to arrange the trade and could cost more to do.
Bullboard Posts