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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 AlwaysLong683on Mar 07, 2023 2:03pm
143 Views
Post# 35324153

So.....

So.........I guess we can assume the large SBB investors are in favour of the BTO deal since I haven't heard a peep from them since the takeover was announced, so I think the April vote will be Yes to a takeout. The best chance now is for some other entity to publicly announce a superior offer. One or more such suitors may currently be working on such an offer, but I would expect they would have to present it before the end of this month since as it's been three weeks since the takeout announcement and the vote is in April.

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