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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 Apr 07, 2014 1:07pm
405 Views
Post# 22420711

looks good

looks goodSabina's work plan laid out.  $24 mil spending in 2014, with estimated $32 left in bank end of year.

Very good to see in my opinion.  They are not going gung ho on development, they are ratcheting their spending way back, which means no dilution in 2014.

I have to think seriously about buying some SBB stock.  It should amount to a great leveraged option on precious metals prices in 2014, with little risk of a major downside for anything other than a big drop in gold prices, which I don't believe is coming because if gold goes down appreciably then the supply will start to really dry up as mining companies shut down mines that are barely breaking even right now.
Bullboard Posts