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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
Post by JoeBloon Aug 03, 2011 1:36pm
525 Views
Post# 18899659

Sheesh....

Sheesh....Only in North America...  SBB is right now trading for about 20% less than fair value for its silver property and cash in the bank.  Apparently, the high gold gold deposit of several million ounces is worthless.  My advice for sellers at this price point is to open up a savings account in a bank, and invest there.  At least then you won't be losing all the time.  As for any institutional investors that may be selling, stick to US T-Bills.  There you can have 100% that regardless what happens in the world, the Federal Reserve will redeem them.  And that's a gauranteed "investment" that's better than cash as it pay a meager amount of interest to boot.  Lastly, for these 'investors' that are selling, consider a subscription to the National Enquirer.  There you will find comfort in knowing that you are not alone in the universe in your view of the world and in investing...  LOL....    
Bullboard Posts