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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

Post by briton Nov 03, 2008 2:56pm
466 Views
Post# 15563138

Whatever Happens, We'll Do Well

Whatever Happens, We'll Do WellHey Mates,

Northern has stirred the pot, so we now have the Board's attention.  That's a positive sign.  The Sprott team are not going to let Northern gain a foothold.  Just look at what the takeover chumps did with Takla Star a couple of years ago, when an unsolicited bid came in.  The new group promised the moon, then proceeded to empty the treasury of millions shortly after their high powered sales team convinced Takla shareholders to go for their big promises.  Takla is now in the tank and broke.

With HDG I predict that SCP will come to the table with an offer north of the .29 cash in the treasury.  HDG's intrinsic value is far in excess of the cash in the treasury.

Patience here will be a virtue.

Cheers,

Brit
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