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ProShares Hedge Replication ETF V.HDG


Primary Symbol: HDG

The investment seeks investment results, before fees and expenses, that track the performance of the Merrill Lynch Factor Model-Exchange Series (the benchmark). The fund invests in financial instruments that ProShare Advisors believes, in combination, should track the performance of the benchmark. The benchmark seeks to provide the risk and return characteristics of the hedge fund asset class by targeting a high correlation to the HFRI Fund Weighted Composite Index (the HFRI). The HFRI is designed to reflect hedge fund industry performance through an equally weighted composite of over 2000 constituent funds. The fund is non-diversified.


ARCA:HDG - Post by User

Comment by rubiconon Jul 04, 2008 9:08am
286 Views
Post# 15256883

RE: Attention Ralph Fitch, buy gold

RE: Attention Ralph Fitch, buy gold
There's no doubt that they're not trying. Personally I think what they ARE trying to do is figure out how long that pile of cash will last if they just use it to pay their salaries..., 5 years? 10 years? Decisions, decisions..., must be tough.

The buyback has fizzled..., 7500 declared shares bought out of a possible MILLION plus that could have been bought to date? What an embarrassment, if they're still not willing to buy at .18, exactly how low do they think it's going to drop?

The current properties are not promotable, nobody cares..., look at the bids. Our only chance for a price increase is an acquisition, and there don't appear to be any plans for that. Our best hope is that someone ELSE is eying that pile of cash and drops a deal in their lazy laps.
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