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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 Mack100on Feb 20, 2023 3:40pm
90 Views
Post# 35295265

RE:What a good CEO would have said

RE:What a good CEO would have saidVery true - what is particularly concerning going forward is this - even if the deal gets voted down, potential investors are going to be spooked by the fact that SBB even entertained the possibility - clearly there will be a perception that something must not be right with the projected numbers or the estimates or whatever. We were told the financing was in place, the resource estomates were sound, the construction schedule was on time, and everything was rosy - but if that was the case, why would SBB even consider such a lowball offer? So that is making me rethink whether I should vote NO to the deal - we are screwed either way, potentially. In other words how does SBB put the genie back in the bottle after signalling that $1.87 is a reasonable offer, and that the current team isn't committed to finishing the job - maybe it is too late now.     
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