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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 Heywood_Silverson Apr 13, 2023 6:24pm
121 Views
Post# 35394145

RE:RE:RE:RE:Sold

RE:RE:RE:RE:SoldFull disclosure here Tootall......I actually cannot (or should not at any rate) sell my shares until they convert to B2.  Why?  Well, since I am a US based investor, I have to file the Form 8621 on any of my junior investments (PFIC annual statements) during annual 1040 reporting.

Do you think I want to risk selling my Sabina shares now and trying to get an annual statement from Sabina management next year?  They'll be jumping ship or flipping us all the bird here shortly.  There will be no Sabina in a couple of months, only a distant memory.

As far as B2 is concerned, it may hit $20 if we see $3,000+ gold this year.  I look at B2 now as sorta defacto "dry powder" to deploy towards other juniors.

I'm doing the same with my Aris Mining shares and will be with my Hecla shares if the ATAC merger goes through.  I know you are all into the producers, but I prefer the upside of the juniors.

Speaking of silver........if we can break $50, you will really see the PMs start to roar.  The powers that be have to hold down silver otherwise the entire system will start to fall apart, not that it isn't a slow motion train wreck already in progress!!  Bank crisis here and there, BRICs moving to gold backed currency, faith in the FED dwindling, you get the picture.
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