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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 AlwaysLong683on Apr 04, 2023 5:46am
94 Views
Post# 35377846

RE:RE:For Those Who See Conspiracy Theories Around Every Corner

RE:RE:For Those Who See Conspiracy Theories Around Every CornerJust because you may have overpaid for a stock that could be facing future problems in the midst of their first mine build doesn't mean the company should plow ahead alone anyway and get themselves into possible financial / funding trouble and/or experience project delays that causes the share price to drop significantly, perhaps even forcing a sale at a distressed price a year or two from now.

You have no way of knowing how things would go down if SBB did not accept BTO's takeout. Saying you expect a 50%, 100%, 300% return in a few years doesn't mean you are being realistic. In fact, sounds more like hope and/or wishful thinking at this point.

Management may have messed up in past decisions, poor monetary estimates, underestimated other potential risks, etc, but the only relevant question now is what's the best next move, and I think it's accepting the BTO buyout offer. If there is a No vote and SBB's share price drops below 1.00 by this time next year due to further share dilution via more equity raises, delays in its mine build timetable, etc. with or without McLeod as CEO, would that make you and other shareholders better off or worse off regardless of what each of you paid for your SBB shares.....?



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