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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 May 22, 2020 10:22am
144 Views
Post# 31060514

burning cash for now

burning cash for nowNo movement because of virus pandemic empting the mine site and no movement untill new drillings hopefully bring more ounces. Just burning cash untill maybe the fall? (saleries, engineering ect.) I expect the share price to drop significantly untill good news then. The bright side is that when it drops to those levels it will be one heck of a buy-in place. My guess is probably two months after the drillings are announced and started.
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