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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 phil_ton Jan 04, 2018 12:29pm
355 Views
Post# 27281046

Discount to price paid by Chinese

Discount to price paid by ChineseThe price of gold is up $50 since the deal that saw Chinese firm buy 10% stake and you can buy the shares for almost 20% less than they paid.  That's a pretty good deal!  Plus the Chinese had to agree to 12 month lock up, while we can get out anytime.  Risk/reward seems pretty good here.
Bullboard Posts