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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 Troyhorseon Feb 13, 2023 4:15pm
436 Views
Post# 35283823

TBO

TBOThe new TBO float after taking over 516 M shares of SBB @ .3867 will be just 827 million shares of TBO ( 610 M of TBO + 217 M of SBB) lol

TBO 52 week low is $ 3.83 and 52 week high is $ 6.39

Right now TBO trading 5.0 % down at $ 4.58

Which way you guys think this will go ?

If it retracts to 52 week low then SBB shares will be valued at $ 1.48
If it advances to 52 week high then SBB shares will be valued at $ 2.47

Either way it will be hard to get more that $2.50 return for this gem.

As you can see we should not be trusting pumpers, analyst and management?  

GLTA

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