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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 7Twiggy on Feb 22, 2024 10:23am

Stupid question

HNU to me looks like it could be a fantastic long term hold.  At some point natural gas prices
will move back to much higher levels. Wouldn't it make sense to load up at these levels and wait for the pop.  Look at the Hnu chart for the last few years.  This thing was in double digits.
Comment by bigkagan on Feb 22, 2024 11:55am
You for sure don't want to sell it on a day like today because natgas will always be there, it's bound to go up because of all the production cuts and LNG exports
Comment by ANALOG GUY on Feb 22, 2024 2:59pm
Twiggy, DO NOT buy and hold  You need to do more DD on this ETF You can start here  Calendar Year Performance (%)    2016 2017 2018 2019 2020 2021 2022 2023 BetaPro Natural ...more  
Comment by CrazyTrader on Feb 22, 2024 5:31pm
Pull up a 10 and 20 year chart of HNU.  Pull up 10 and 20 year chart of NatGas Prices. Answer/Understand why HNU chart looks the way it does, you will have your answer if you should hold long term.   Even you can't answer/understand why..... You have EYES.... You can see.... It should be very very clear to you if this is something you hold long term or not. All just my opinion ...more  
Comment by 7Twiggy on Feb 23, 2024 10:45am
Thanks, think I am getting the drift of it.
Comment by 7Twiggy on Feb 23, 2024 11:38am
Just doubled up. Will see what happens.
Comment by Zibo510 on Feb 23, 2024 12:44pm
Could be  tricky holding HNU going into the shoulder transition from no heating demand and prior to A/C season.  I guess a lot depends on the proposed production cuts. I am waiting for spring when HNU should tank, if it does I will take a position for a short term hold going into the A/C season where it should see a pop. AJMO and I have been wrong so many time's with  the ...more  
Comment by 1condor on Feb 23, 2024 12:53pm
7Twiggy...you made the perfect trade a couple days ago and made almost 25 percent on this ETF in one day. On daily super spikes like that you take the money and run...you don't hold or double down. Just sayin.
Comment by roberto146 on Feb 23, 2024 1:40pm
Long term hold? It would be a good way to turn 7+ Million dollars into $3.79. HNU since inception
Comment by YupnDump on Feb 23, 2024 2:22pm
tueday was DEAD CAT BOUNCE....shreik...MEOW...look at it now...OUCH
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