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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 Mack100on Jun 10, 2022 12:40pm
178 Views
Post# 34747508

Gold Price Goes Up, SBB Goes Up

Gold Price Goes Up, SBB Goes UpAnother thing that drives me crazy (among several things) with the movement on SBB is that it goes up 10% on a day when gold is up, probably for that resaon alone, even though it isn't going to be producing gold for years to come. Whereas, even at current gold prices, SBB will, one day, be making a killing, but nobody has the foggiest idea of what the price will be when that day comes. I don't get why investors aren't looking at the fundamentals and trying to buy ahead of the laggards, rather than only buying on an up day for gold, which seems to me to be a completely meaningless reason for buying a stock that isn't producing anything. But again, all of that assumes people are rational and know what they are doing, or I am completely missing the logic (probably the latter!).  
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