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

ProShares Short SmallCap600

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Post by bot_feederon Sep 30, 2014 1:52pm

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Post# 22983313

wow

Got a couple k shares at 0.48 USD. I got a couple k the other day at a higher price.

So now I have invested $2K into this. A few years from now it will either be around 0 or $5. If it goes to zero I lose 2k, boo hoo. If it goes to $5 I make $18k.

This is like putting a chip on a roulette wheel, except the odds of your number coming up are better.

But I sure wouldn't make more than a small bet.

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