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.

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SPDR Portfolio Short Term Treasury ETF

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Post by dlegovichon Mar 13, 2009 2:56pm

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Post# 15843586

just listened to the conference call

I would suggest to everyone to listen to the (very short) archived conference call:

https://www.silverstonecorp.com/investors/conference_calls/

Someone questioned about this undervalued price we are getting from SLW, and it's embarassing to hear what the CEO had to respond.
The answer to the question about buybacks is also telling.

The impression I got is that management is willing to get rid of this business as soon as possible.
Is it the same impression you had?

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