Post by
Shortcall on Feb 07, 2018 4:37pm
Horizons fraud. Caught by short selling ban.
"without prejudice"
Horizons beta pro got caught offside as the Vix spiked and they had sold too much stock into the market. They had no underlying derivatives to protect them. The way they offset the loss was to halt the HVI it was to open at $10 so the put the halt back in until they could cover their short position at $2. The vix spike after hours had no effect on them as they have no exposure other than the offsetting HVU which they had oversold. Horizons is failing to return calls and is not issueing any news releases. The Nav posted for Mon night was $13.40. These fraudsters need to be held accountable. Most likely true of all their funds.
Comment by
RICHGUN on Feb 07, 2018 4:56pm
Yes these guys cost the investors a lot of money I’ve mentioned this in my last post and I think there should be a joint lawsuit for the investors against their losses if they cost me over $6000 in profits yesterday morning .