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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

Post by Nosleepon Mar 12, 2009 10:38am
333 Views
Post# 15839223

The upside...

The upside...is still quite sizeable. Obviously there's a few buyers out there that think SLW will move upwards from here. I'm one of them. I may play this stock along the way, but if we think SST was going to move up towards 2.00 on it's own, it should use the same fundamentals that SLW does, silver price (and now gold for slw) being one of them. 10.00 slw nets us 1.85. I don't see that being out of reach by any means. SLW was well over 9.00 in late Feb.

The SST offer should strengthen SLW and in turn a stronger stock price there makes further buyouts or silver streams easier on SLW. Can't say i'm happy, but this deal will create a much stronger slw. Less competition now also.

Nosleep
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