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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
Comment by abner29on Nov 01, 2008 12:35pm
401 Views
Post# 15560343

RE: Loss defined - correction

RE: Loss defined - correctionMattbingham - you state the situation very well for not only yourself, but likely most of us shareholders.  It should be noted that the loss from $3.25 to .35 is something around 90%.  To put that in perspective, and in full agreement with your assessment, SBB will have to rise by a factor of ten, or 1,000% to recover to its former high.  Will that happen?  It could, but general conditions currently, and as you point out, apparently confused or dumb management pretty much dictate against this.  It is truly sad how inept management and a collapse of confidence in juniors has destroyed us.
Bullboard Posts