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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 bot_feederon Jan 03, 2012 1:09pm
594 Views
Post# 19366032

2012

2012

Well, here we are in 2012, world hasn't collapsed yet but it's creaking under the strain of global idiocracy.

 

Meanwhile those of us with a few bucks trying to salvage a future for ourselves in the face of financial idiocy have still got our heads above water. 

 

I guess the mineral business was pretty weak last year but my portfolio only lost a couple percent so I guess I managed to stay even by making a nickel here and there amidst the overall downward trend.

 

The pundits seem to mostly feel precious metals are headed for further weakness.  Whatever.  Long term they will be up because no one who tells the truth about the economy could ever win an election.

 

Anyone want to bet a beer on where SBB finishes 2012.  I'll guess $7.32 Canadian.

Bullboard Posts