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 > NO, not at this price

<< Previous

Bullboard Posts

Next >>

Comment by dlegovichon Apr 29, 2009 6:20am

289 Views

Post# 15951856

RE: NO, not at this price

[...] There is lots to lose if the deal doesn't go through.You will have to be very patient to get this valuation again. I am sureit will happen, but not in the short term with a $12 silver [...].

So it's clear now that you are holding your SST for a 2-3% arbitrage even if you think there is a lot of downside risk to your investment in the case the deal doesn't go through.
Well ... listen to me, forget about this 2-3% potential gain, sell your SST, buy SLW so you keep your exposure to silver and sleep well at night.

I really hope you are not paid by SLW (or SST management) in order to post to this board, but there is something suspect in this nonsense investing rationale.

<< Previous

Bullboard Posts

Next >>

Morning Market Outlook for Sept. 19, 2024