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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 goldenriviton Jul 27, 2022 11:32am
115 Views
Post# 34853818

RE:RE:RE:Marke Bristow CEO ABX

RE:RE:RE:Marke Bristow CEO ABXThe majors looking at SBB know its not reflecting the value.So they know a low ball bid would piss off unstituions like Wheaton and poison any kind of a friendly deal.In 1995 when I was green at this game my broker told me to buy ounces in the ground for $50 in $300 gold.SBB has 12 million oz trading at $50 in $1700 gold.The sellers of shares today are foolish to sell at $50oz.So buyers like me can take the $50 ounces and sell them to a major for $200.The majors bid will correct the valuation and a bidding war will happen.There is simply no other 10 million oz 6gt mine under contruction currently in Canada.
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