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SPDR Portfolio Short Term Treasury ETF T.SST.U


Primary Symbol: SPTS

The investment seeks to provide investment results that correspond generally to the price and yield performance of the Bloomberg Barclays 1-3 Year U. The fund invests at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of short term (1-3 years) public obligations of the U.S. Treasury.


ARCA:SPTS - Post by User

Comment by zzthnxon Dec 11, 2008 7:02pm
291 Views
Post# 15641544

RE: RE: SST is a laggard silver stock

RE: RE: SST is a laggard silver stockyoyo, speaking of "Broker 7" liquidating millions of shares, coincidentally here's my post from the AUN board minutes ago in reponse to selling by broker 7 (TD):

"TD has thousands of clients. These people had to be buyers at one time. Any company that is not profitable, and is burning cash in this market ,can and will be sold of at any given time."

Thissame scenario has been happening with the two other silver juniors Iown, SST and USA. Relentless liquidation at the bid as if some hedgefunds are liquidating millions of shares. SST is profitable and has agreat future, but still has been pummeled to ridiculous levels. I thinkwhoever was dumping millions of shares in that stock finally finishedmid-day because after that, the SP started rising and actually finishedup almost 9% on the day at .44 after being hammered down to .35 earlierin the day. I think with these juniors we'll only need to wait anotherweek or two and then the forced liquidations will subside and the SPwill at least start to move back up to simply ridiculous levels insteadof utterly absurd levels.

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