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SPDR Portfolio Intermediate Term Treasury ETF T.ITE


Primary Symbol: SPTI

to provide investment results that before fees and expenses correspond generally to the price and yield performance of an index that tracks the intermediateterm sector of the United States Treasury market In seeking to track the performance of the Bloomberg 3-10 Year U.S. Treasury Index (the Index), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index. Instead, the Fund may purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The quantity of holdings in the Fund will be based on a number of factors, including asset size of the Fund. Based on its analysis of these factors, SSGA Funds Management, Inc.


ARCA:SPTI - Post by User

Post by 1rockiton Jan 30, 2022 6:07pm
192 Views
Post# 34376566

Hone1962 ;

Hone1962 ;I'm loaded . I bought through last week. My average is a little higher than we are now. I think its a no-brainer. Can you imagine the amount of free cashflow this thing is spinning off. Got to be more that 180 million. Probably closer to 200 million. I'd really like to see them use some of this cash to put a hurry on developing their North Sea assets . Those are monster holes out there. Those are the types that pump from 10 to 25 thus barrels a day.. Could you imagine how this stock would react to doubling their production with just a couple holes . Hell they've already got 3 holes drilled in it . If they wanted to I'm sure they could start production by tying into some other companies lateral. Dosen't Matter what you do in the North Sea, its expensive, from drilling to tying in , it's all expensive.. But the payoffs are huge . Rite now is the perfect time. By drilling these 3 holes they've already derisked the play . If they could pop 2 more holes just to get an understanding of the size of the discovery the stock would definitely start to react . Alls they'd have to do is announce they're starting to drill and BAM, up goes the share price.. Cheers
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