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SPDR Portfolio Short Term Treasury ETF T.SST.U


Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.


ARCA:SPTS - Post by User

Post by dfergu7477on Jul 22, 2008 4:20pm
183 Views
Post# 15318312

Plain, determined bombing...

Plain, determined bombing...

Someone(s) just want(s) to drive SST down--period.  It's nakedly obvious.  I'm not one to jump to conclusions of nefarious activities, but this is blatant.  Maybe this is what happens when a big ego newsletter writer puts out a sell recommendation.  The last he'd want at that point is to have the stock go UP; can't have that--he'd have egg on his face.  The big bombings took place at the very beginning and very end of the day, too.  It is brazen, purposeful bombing.

Watch, they'll now probably say that the stuff with SST was all a "mis-understanding"; reverse their sell recommendation back to a buy and say it was because of the stock's upside at these prices that caused them to change their mind.

I don't know the bombers' agenda, and I don't care.  They picked the wrong stock to mess with, given all the great things this company has going for it (which have been enumerated here, ad nauseum.)  I bought more today; couldn't believe it--got filled at $1.81.  Thanks, bombers!

It won't be long before this crap is over, and the fundamentals win the day.  I wouldn't be a bit surprised to see SST fight fire with fire, and announce a stock buyback program right around their earnings announcement.

Just remember:  Time is the enemy of the mediocre business; the friend of the great one.  And SST is great business.

GLTA SST longs!

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