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ProShares Short SmallCap600 T.SBB


Primary Symbol: SBB

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.


ARCA:SBB - Post by User

Post by goodheart-ron Aug 24, 2019 11:01am
240 Views
Post# 30061818

WHY

WHY It's almost school time. The holidays are over for the big bank and hedge fund traders, they are back at their desks while mother prepares the kids for going back to school. Just read back a couple of weeks posts and you will see why Sabina is first on the list for them to invest in the grade 'A' best juniors ready to build, closes to mine. Just look at the volumes lately and you will see the big desk traders show their prints. Positions are being taken as they know where this stock is going. Take a 10 year chart over a week average and you will see something that happened about 8 years ago when this stock drilled real good results. The stock price took off from the mid one dollar point and shot up like a rocket and did not touch the nine day average until the mid 4 dollar mark. it would retrace a little but not touch the 9 day and then at around 4 and a half it touched the 9 day slightly before taking off again until almost 8 dollars. Now take a look at a 5 year one week chart and the same thing appears to be starting again first time in almost ten years. Now the big news is a build engineering contract Sabina has said will be produced before the end of September and we have millions of more ounces then ten years ago. Not saying it is happening again, not enough data points yet but sure is interesting.
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