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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 Maxmoeon Sep 14, 2022 2:13pm
102 Views
Post# 34962344

RE:RE:RE:RE:Prospectus

RE:RE:RE:RE:ProspectusYou don't have to be smarter. Just more patient.
Mack100 wrote: Well, all I know is that I bought some more shares today at $.99, thinking I was a genius, and down goes the price to $.95. The whole "averaging down" concept doesn't work all that well when the stock just keeps going down and never bounces back up!! For a while there was a decent (if inane) correlation between the gold price and the stock price - gold goes down, SBB goes down, gold goes up, SBB goes up (even though SBB is years away from production and the gold price today is completely irrelevant to SBB's revenues years from now) - but we can't even count on that correlation these days. Very, very frustrating - I still think I am smarter than everyone who is selling at these ridiculous prices but only time will tell I guess! 


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