Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

ProShares Short SmallCap600 T.SBB


Primary Symbol: SBB

The investment seeks daily investment results that correspond to the inverse (-1x) of the daily performance of the S&P SmallCap 600 Index. The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the funds investment objective. The index is a measure of small-cap company U.S. stock market performance. It is a float-adjusted, market capitalization-weighted index of 600 U.S. operating companies selected through a process that factors in criteria such as liquidity, price, market capitalization, financial viability and public float. The fund is non-diversified.


ARCA:SBB - Post by User

Bullboard Posts
Post by bot_feederon Jun 21, 2010 11:51am
572 Views
Post# 17207059

track jumping

track jumping
Back in 2002 when all I was looking at were tech stocks I noticed that you often found that similar companies were valued very differently.  Some, which for whatever reason were in favor, sported a high valuation and others a very low vaulation, even in cases where the companies appeared to be very similar in nature and there didn't appear to be much in the way of obvious reasons for the disparity.

Thus, of course, one of my notions on how to invest at that time was to buy the out of favor one in a case like that and hope that for some reason people would "discover" it and it would go way up and get valued more in line with the "in favor" ones.

This same sort of disparity appears to me to exist today with some precious metals stocks. 


And it appears that Sabina may be one of those cases that a company is "jumping the tracks" from an out of favor to an in favor stock.

It has been doing better lately than the precious metals stocks as a whole.

If it is in the process of "jumping the tracks", it may have quite a ways to go, because it is still pretty cheap.

I have taken profits on a few shares the last couple weeks but I am trying to resist the temptation to sell very much because time after time in the past I have sold way too early and missed "the big one".  When you know that there are good sound objective quantitative arguments to believe that a stock like Sabina is still very cheap, you can wind up kicking yourself in the butt if you take profits too soon.
Bullboard Posts