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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 goodheart-ron May 19, 2020 11:38am
257 Views
Post# 31046200

RE:RE:damnnn

RE:RE:damnnnThe Chineese are not buying 33% but may buy enough to maintain thier 9.9%. News release does not say if they bought enough to maintain thier 9.9% but they have done so in the past. From all of this we get some more de-risking with building worker accomadations and inlarging tthe runway to accomodate larger cargo planes. I imagine most will go to drillings to update a 43-101 or increase the grams per ton with a better up to date mine plan reflecting higher overall grades. This will take time, say by fall but would put sabina in a truer position to evaluate it's worth in the case of a buyout or partnership, or to to be in a better position to get the best mine building loan. Until then we burn cash to maintain untill hopefully good results by fall.
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