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 montybissetton Dec 21, 2018 5:54pm

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Post# 29148901

I concur

with the Big Hog. BM was working majic. Not his fault the locals cost us 10s of millions of dollars. 50% of the run up in share price of 16 was a disaster for raising money in the 3s. This isn't quite as bad but it was self inflicted. Bad luck we can understand, doing stupid with this blunder hurts. Derisking is great when it makes sense for shl not the chosen few.

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