SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Canadian Warrants Only

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: shakes who wrote (6913)1/20/2009 10:26:41 PM
From: PaperPerson  Read Replies (1) of 23103
 
tbt = UltraShort Lehman 20+ Trsy ProShares

this fund is a leveraged upside bet that the government of the u.s. will have to pay very high rates to refinance its debts.

when the rates the govt has to pay finally do soar, which they will, existing govt long term bonds will truly crash. that would make this fund jump like a bunny in clover.

i don't know. to me it kinda makes kinross k-wtc warrants (c$6.04) look safe. ($32 strike, sept. 2013 exp, with the stock nine bucks out of the money at $23.00.

but i can see how you could make a lot of money on it.

michael
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext