Out of HOD
I finally sold the last of my Horizon’s Beta-Pro Oil hedge - HOD as traded on the TSX.Bought on April 25th for $10.75 then in big on June 6th for $7.55. Profits taken between October 10th and 27th.The immediate future for black gold is unclear but as the long-term direction seems pretty clear to me, I have moved the money into oil/energy companies which are currently selling at nice valuations. I recognize that I will need to hold these for quite some time but there are some nice dividends to
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