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Bullboard - Stock Discussion Forum 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... see more

TSX:HNU - Post Discussion

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Post by Moneyloop on Feb 13, 2024 9:52pm

Reverse split !

if this doesn't hold 4$ in the coming weeks, reverse split is inevitable........
Comment by 1condor on Feb 14, 2024 10:52am
Just wow...another 6 percent dip this morning. Cant even image being someone who is "trapped" in this trade. Continue to watch in interest.
Comment by WolfOfWeed on Feb 14, 2024 11:21am
history show Horizon does not split the stock at $4.  They split the stock when HNU trades at $1.50.  For that to happen, which it will not happen, becuase natural gas will have to trade at $1.22 for an extended period of time.   The likely chance of HND been split is very high.  Because it way out of wack at the price per share if that does not correct it seld and come ...more  
Comment by Moneyloop on Feb 14, 2024 12:38pm
Wolf, you're misinterpreting what I said. If it doesn't trade over 4$ ,it will keep on trikeling-down under 4$ and will reverse split anywhere between the 1$ and 3$ range.... These ETF'S reverse split when they can't hold a value between 3$ and 4$......  
Comment by liljohnnyjoke on Feb 14, 2024 11:49am
hasn't this thing reverse split 1-10 twice a year for the last 15 years?
Comment by 101TECHNICAL101 on Feb 14, 2024 12:30pm
are you crazy the last time it split was over 3 years ago....twice a year, look at the news
Comment by 101TECHNICAL101 on Feb 14, 2024 12:42pm
my fault not 3 years ago,  the last time it was annocunced was on FEb. 3-2023 and at that time it was trading at $1.80/ share.  Which will mean Natural gas will have to drop $1.22 for  a reverse split to occur another 25+% drop from here.  Chances of that occuring UNLIKELY.
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