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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 Feb 28, 2012 12:33pm
287 Views
Post# 19598525

RE: GOLD

RE: GOLD

There are still too many "herd" investors selling out in SBB, and not enough new buyers coming in (due to fear?).  The "herd" investors view companies such as SBB as a commodities play, and that commodities will be heading down due to the sputtering world economy.  Hence they have been and continue to be, selling at any opportunity in anticipation that all prices across the board will drop.   Yet a few key commodites are doing well - such as oil and copper - and boatloads upon boatloads of new fiat currency will hit the markets over the next year.  The European Union is putting together $2 trillion to buy Euro bonds no one else wants, the US will have another $1.5 trillion deficit this year paid for courtesy of the Federal Reserve using its "printing press", the UK is bankrupt and will only be able to function by printing new fiat currency, Japan is buying tons of currencies everywhere (with - you guessed it - freshly printed fiat currency) in an effort to devalue its currency, and on an on.  The bad thing here is that when the herd gets wiped out, who will be left to buy SBB? 

Bullboard Posts