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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

Comment by NativeInvestoron Sep 24, 2019 11:19am
219 Views
Post# 30158962

RE:RE:reg: Sabina live (&replay) webinar, Mon, Sep 23, 4:05 PM EDT

RE:RE:reg: Sabina live (&replay) webinar, Mon, Sep 23, 4:05 PM EDTHe did say, I think I heard this right, that he believes Sabina's share price is about 30% of NAV or Net Asset Value. So at $2 he believes the actual value of the stock to be $6 and some more. Let's hope he's right. He said the week before they wouldn't do an actual recalculation because it would take 40 to 50 million so they'll continue to use the old numbers and highlight the results from the ongoing drilling. 
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