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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

Bullboard Posts
Post by Alexspushkinon Jul 05, 2008 8:48pm
275 Views
Post# 15261125

Newbie to Sabina

Newbie to SabinaI've had Sabina on the radar for a good year. I finally jumped in when Tony Walsh joined the team. As I've been fully invested, I've not had much cash to invest. So I've been selling a bit here and there of other stuff.

I read the earlier posts and read that someone else also invested in SanGold. I've been selling in lots of 5K out of Sangold into SBB.v. I'll sell one more lot of 5k SGR but it needs to go a bit higher before I sell. Proceeds from that sales will also go into SBB if it is still at these low prices.

I figure it won't take much for SBB to jump back over $2.00. Of course that would be short term. Long term, SBB has a great asset in the Hackett River project. It could really be any one of a number of things that gets SBB moving.

1) Price of Zinc clearly bottoms and reverses.
2) Price of Silver pass $20.00 again.
3) Positive drill results from Ontario projects.
4) The new Hackett River resource estimate
5) 2008 Drill results from the Hackett River project
6) HTO - Not hoping for that but we sure are a target.

-Alex
P.S. Still holding a long term core position in SGR.v
Bullboard Posts