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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 zentrarianNZon Apr 01, 2014 4:16am
322 Views
Post# 22393757

RE:RE:sabina

RE:RE:sabinaseanyboy is right, It's all or nothing, at least for the foreseeable future.

I don't see Hackett being spun off, even if it was possible, which it probably isn't. I suppose they could borrow against it, but if GX decides to put the project on ice (of which there's a lot up there) then your collateral goes out the window, so that may not be an option either.

I'm betting that Hackett moves forward, the royalty cash starts flowing and Back River moves from a possible to a probable mine. I have to admit it's a lottery ticket under current conditions, but the shares are so sold off that if things fall in line for Sabina, the payoff will be extraordinary. Just don't bet the rent money!
Bullboard Posts