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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Comment by FlyingV67on Feb 07, 2018 4:00pm

257 Views

Post# 27521857

RE:RE:Drop

I bought a large position ( large in terms of my account ) in the $1.63 - $1.64 range yesterday.

I had a price target of $1.51 for the low based on a 50% retraceent from the large run up from 31.5 cents to $2.70.

We didnt hit $1.51 but we hit $1.56, which is close enough for me. I think the bottom is in, if i'm wrong and we head lower i don't see it going much under $1.50.

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