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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

Bullboard Posts
Post by Bankorruptseeon Sep 06, 2013 4:52pm
653 Views
Post# 21723846

Dundee

DundeeIt seems Dundee has a different interest than just making a few pennies. I see that a month before the news came out, Dundee was buying, but not huge. Just steady for the period prior to the news.

Once the news came out that Sabina hit some ore, Dundee began selling large, much larger than they bought.

So it appears Dundee had prior info than the rest of us and they sought to average down. After 31 days past their last buy, the news came out, and they sold, sold sold. Probably at a loss. Hence the 31 days.

Well, .....34 to be exact. Then they started with 200,800 shares in one dump. That led up to the sharp price drop on August 27, 2013. Their selling was compounded by insider sales.

Bennett, Elaine, the CFO dumped large and the marker trades I watch show more insider dumping in what are apparently 'non-reportable insider transactions'.

So, we shoud see a pop in the coming week, but it will be muted by insider sales I bet.
Bullboard Posts