Stockchase Opinions

Richard Croft HBP Energy Bull+ E.T.F. HEU-T HOLD Mar 27, 2009

(Marked Call Minute.) Energy.
$4.640

Stock price when the opinion was issued

E.T.F.'s
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BUY
Has been beaten up and you are getting double gearing to basket of producers. You are not taking single company risks.
COMMENT
Energy Bull+ ETF. Based on the physical oil crude commodity contract. If you are an investor, this is really not for you. Leveraged at 2X the market. Really for day trading. He would suggest the US Oil Fund ETF (USO-N) of the same oil commodity.
COMMENT
HPB Energy Bull+ ETF. Immediate leverage to oil price moves. If you have a very good near-term bet that you want to make on oil this would be the way to go but if you are looking for an investment in the oil patch that has a long-term investment implications, then you should go to something like Suncor (SU-T).