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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

Comment by Mack100on Mar 02, 2023 7:07pm
62 Views
Post# 35316374

RE:RE:RE:RE:RE:RE:To all of Sabina Crybabies shareholders!

RE:RE:RE:RE:RE:RE:To all of Sabina Crybabies shareholders!Heywood - I used that very same word - namely "paltry" - to describe the offer when I wrote to Bruce complaining that the SBB executive team and the board endorsed the deal. I doubt that Bruce was too happy with my characterization but it seems like a perfect description! My concern with rejecting the deal now though is simply that SBB has shown its cards - they think this is a great deal (or at least that is what they are saying publicly) so there must be some risk we haven't been told about or something that concerns them - I just don't see any other explanation. If the deal goes through, I suppose BTO would be better equipped to weather the storm, if there is a storm (large cost overruns or whatever) and also BTO should do pretty well if gold continues to go up - so for the sake of argument, if BTO doubles by 2025, our investment in SBB doubles, which might achieve the desired objective, albeit going through the back door instead of the front door. I have no idea - I am just trying to weigh the various scenarios given the precarious position SBB has put long term holders in by endorsing a lowball offer.  I'm still a no vote but I'm wavering!!  
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