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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 Mar 14, 2022 4:26pm
171 Views
Post# 34513001

$$ ;

$$ ;Well , I nibbled a little bit today at .315 . Hopefully this is the new and final low . We can't forget just how much money this company is making , which I believe they'll be making everyone aware of very soon . I also think that they'll be increasing the dividend soon as well. They have posted before that they'd like to keep close to the 30% mark of free cashflow as a dividend. Well guess what folks, we're miles above that 30% mark rite now . This company is very very active as far as acquisitions, drilling, just all around trying to build barrels per day. I think their looking at the fact that they've got 1.2 billion shares out there so the faster they get to 50 thous barrels a day the better. I do really like this company. I hate the fact that they won't respond to texts or even phone calls to England which I've tried and only got an answering machine. I think the reason behind that is more overhead. They're a very very conservative company. Let's just hope we've got big news coming about their North Sea assets, that's what I want to hear about. They've definitely got the money in the till to ramp up their exploration out there . Can you imagine how this stock would react to them starting to actually drill in off shore . It would go on a tearer people!! Let's hope because I think that's what they've got their eye on rite now .Its a great way to ramp up the barrels per day and turn this company into a money machine.
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