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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
Comment by JoeBloon Nov 08, 2010 5:09pm
465 Views
Post# 17676370

RE: RE: RE: In the hottest...

RE: RE: RE: In the hottest...SBB came back to life primarily due to their recent finds on their gold property.  Several years ago the stock hit about $3.50 per share primarily due to its silver property (with zinc).  That was when silver reached a price of about $22 per share.  Right now, silver is almost $28 per share, and if what I am reading comes to pass, silver is going much higher.  Given the size of SBB's silver property, the reality is that SBB is still primarily a silver play.  So, if one does the math, its clear that SBB's share price is somewhat low based on past metrics and even based on the metrics of a few weeks ago.
Bullboard Posts