Fuse Science Inc (DROP)

[prokopton]

Shore, I consider this a non-issue. If it was an issue, it would be on the positive side. Please look at the fund's track record again. The way to make money is to bet against it. It's hard to argue with its 5 year disastrous track record.

This is NOT news. It's an "alert" or notice that the fund is required to divulge based on company name (Fuse Science) and trading symbol (DROP)--these are alert triggers. There is absolutely NO billionaire hedge fund manager taking a short interest in Fuse. It's an ETF (electronic). Think of a database crawler or sophisticated stock screener or programmed algorithm.

The "ProShares UltraShort SmallCap600" consists of 600 stocks and some are dropped or added daily to the ETF when criteria are met.

Again, it's not news but an alert or notice. Right now, I would be more concerned if the pps can stay above $.195 until news hits. I think there is some pent-up news waiting to be released.

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ProShares UltraShort SmallCap600


The Fund is different from most exchange-traded funds in that it seeks inverse leveraged returns relative to the Index and only on a daily basis. The Fund also is riskier than similarly benchmarked exchange-traded funds that do not use leverage. Accordingly, the Fund may not be suitable for all investors and should be used only by knowledgeable investors who understand the potential consequences of seeking daily inverse leveraged investment results. Shareholders should actively monitor their investments.

Investment Objective

The Fund seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Index. The Fund does not seek to achieve its stated investment objective over a period of time greater than a single day.


http://ca.finance.yahoo.com/q/pm?s=SDD
http://ih.advfn.com/p.php?pid=nmona&article=56330005