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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

Post by montybissetton Jul 19, 2019 2:52pm
188 Views
Post# 29941070

I was

I was pretty positive of SBB mgt till Dec of 18. The last 33 million raised in my estimation has been a boon doggle. The other thing that has puzzled me is the reference by McLeod to not focus on increasing the resource. I believe the stock would be north of 2.00 right now. 28 million at 1.20 was a disaster. IMO which isn't worth a whole lot has cost us 100 million. Can anyone explain the rational around not increasing the resource especially with flow thru funding. I realize getting closer to a mine is relevant but using expensive money to do that is not derisking imo. More like gutting existing shl. 
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