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

SPDR Portfolio Short Term Treasury ETF > The Market Likes It.....

<< Previous

Bullboard Posts

Next >>

Comment by dlegovichon Mar 13, 2009 1:59pm

238 Views

Post# 15843392

RE: RE: The Market Likes It.....

Well .. guys ... SST will add about 10% to long term SLW production.
And SLW is issuing 8% more shares to pay for that growth.

So ... how much would you think the share price should move?

This deal helps SLW in the very short term (boosting 2009 production by 30%) as their debt service will benefit, but nobody will evaluate a company based on just one year of production.

<< Previous

Bullboard Posts

Next >>

Abcourt Mines launches Flordin property drill campaign