Posted by wmlafleur on 19th of Sep 2008 at 11:27 am
UltraShort Financials ProShares are not expected to accept
orders from Authorized Participants to create shares until further
notice (93.00 -22.44) -Update- Due to the emergency action
announced by the Securities and Exchange Commission on September
18, 2008, temporarily prohibiting short sales of shares of certain
financial companies, Short Financials ProShares (SEF) and
UltraShort Financials ProShares (SKF) are not expected to accept
orders from Authorized Participants to create shares until further
notice. Unless notified otherwise, shares will be available for
redemption by Authorized Participants as normal. The shares of
these ProShares are expected to trade in the financial markets
today, but may trade at prices that are not in line with their
intraday indicative values.
SKF inverse UYG is still trading, somewhat surprised by
that. You should be able to short UYG and get the same affect
as long SKF. I've been saying shorting the 2x long funds is a
safer play, looks like that turned out to be right
SKF
Posted by wmlafleur on 19th of Sep 2008 at 11:27 am
UltraShort Financials ProShares are not expected to accept orders from Authorized Participants to create shares until further notice (93.00 -22.44) -Update- Due to the emergency action announced by the Securities and Exchange Commission on September 18, 2008, temporarily prohibiting short sales of shares of certain financial companies, Short Financials ProShares (SEF) and UltraShort Financials ProShares (SKF) are not expected to accept orders from Authorized Participants to create shares until further notice. Unless notified otherwise, shares will be available for redemption by Authorized Participants as normal. The shares of these ProShares are expected to trade in the financial markets today, but may trade at prices that are not in line with their intraday indicative values.
So does this mean its
Posted by cspirit on 19th of Sep 2008 at 11:39 am
So does this mean its done ? No really value..?
SKF is trading again.
Posted by cspirit on 19th of Sep 2008 at 11:42 am
SKF is trading again.
SKF inverse UYG is still
Posted by trade on 19th of Sep 2008 at 11:39 am
SKF inverse UYG is still trading, somewhat surprised by that. You should be able to short UYG and get the same affect as long SKF. I've been saying shorting the 2x long funds is a safer play, looks like that turned out to be right
UYG
Posted by goldinv1 on 19th of Sep 2008 at 11:30 am
Pardon my ignorance, but has anyone tried to short UYG?