HODIf you feel that Oil will continue to trade between $100 and $107 then one of the best investments is HOD which has been heading higher as Oil drops. You can have 2 plays in your portfolio one being ATH which will head higher when Oil heads higher or HOD which will head higher when Oil sells off and that’s a balanced portfolio. And as Oil either goes higher or lower you can add or subtract shares from either holding. Yesterday CIBC bought over 9Mil shares of HOD at a value of $22 Mil averaging at $2.36 SP and that’s how you position yourself to benefit from lower Oil prices and just follow the institution CIBC which has crunched all the numbers and has bet that HOD will head alot higher because this type of investment is not to make money when HOD trades a penny higher its for the day when HOD is up in dollar figures. And the nice thing about HOD is that there are only 31Mil shares outstanding. And the ETF isn’t like a company where the amount of shares regularly increases this ETF will always be at 31Mil shares. I'm just pointing out what I have been doing but you should always DD any stock that you want to invest in and NOT take the words from me or BB I'm not here to pump anything HOD will trade just fine on its own and with Oil now at $103 HOD has huge upside just look at where it’s been and where it’s been heading. GLTA JMHO (always DD)
