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

ProShares Short SmallCap600

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Comment by JoeBloon Nov 30, 2010 8:04pm

410 Views

Post# 17780242

RE: RE: Mysterious Buyer of SBB

I looked at Osisko years ago and (unfortunately) did not pay close enough attention to the company. Today the company has a market cap near $6 billion, and over $15 per share. Yet, from what I have been able to quickly glean from their site, the value of their metal is less than SBB. Plus much of it is low grade ore, but its at the surface. If SBB (with a more valuable resource than Osisko) had just the same market cap, then SBB shares would be going for about $45.00 each right now. That's right - $45.00 per share. So, maybe someone did the math and saw this too. That's just how good SBB is...

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