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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 rmarcon Apr 28, 2009 3:03pm
125 Views
Post# 15950530

RE: RE: RE: RE: RE: NO, not at this price

RE: RE: RE: RE: RE: NO, not at this priceObviously Pylot agreed to the low ball bid to liquify Capstone's SST shares so he can sell them easily if he wants to. SLW, because it knows their bid for SST is highway robbery, will offer a more equitable offer  if the NO vote carries because SLW needs SST more than SST needs SLW.  SST will do fine on it's own fundamentals if the merger doesn't go through. Bottom line is voting NO gives SST the opportunity to get a better offer from SLW. Voting yes assures that  SLW's low ball bid will stand.  That is NOT in the best interest of SST shareholders, but is in the best interest of Capstone. Nothing to lose & everything to gain for SST shareholders by voting NO.
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