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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 Mine_Professoron Sep 09, 2008 11:06am
261 Views
Post# 15440976

This is As good as it Gets

This is As good as it Gets


My records show no stock sold short.

 

I suspect this stock was brought to the attention of a money manager and they bought the market.

 

Hard to be wrong when you are buying $1 cash in the bank for 50 cents !

 

Why keep cash in your own bank getting 4% when you 100% gain on from the cash in HDG bank.

 

Also HDG earns 4% bank interest on the cash it has in the bank.

 

Plus you have big brains at Sprott who are a major shareholder, they have a vested interest in  HDG doing the right thing.

 

This stock should be trading above cash in the bank, that is 28 cents

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