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

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TSX:HNU - Post Discussion

BetaPro Natural Gas Leveraged Daily Bull ETF > The more it drops …..

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Post by 101TECHNICAL101 on Mar 12, 2024 1:46pm

The more it drops …..

The more big gas producers are doing to shut in wells, as we have seen just weeks ago. A further drop will have further production cuts and capex cuts to be announced.

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Comment by InvrsContrarian on Mar 13, 2024 2:37am

Also the upgrade of the price of crude means more oil wells. I guess the shut ins will happen as the new oil wells will bring back their supply due to lost natty wells. Win win for all. Cheap nat gas with moderately price oil. You get your $2 nat gas maybe just in time for injection season.

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Comment by BobbyBoy on Mar 13, 2024 3:12pm

We don't want cheap natural gas.... that's the point of HNU. Not sure why you are this board.

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Comment by InvrsContrarian on Mar 13, 2024 5:16pm

I trade both hnu and HND. Somethings gotta give and I like to review both sides and take my stab each day. I got caught hanging on to this over a downtrend and now I try to look at both sides to see the big picture. Pointless to wait and hold either hnu or hnd. this is a proactive etf. It says in its prospectus, don't hold over a day.

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