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ProShares UltraShort Real Estate Message Board

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  • markweber348 markweber348 Jan 28, 2008 2:56 PM Flag

    I don't understand SRS

    The reason that SRS is not down more today is because the closing price on Friday should have been 112.84 instead of 111.77 (or right around there) that was reported. This happens all the time with this ETF. On extreme down or up days, it does go higher and lower than it is supposed to though. I have seen it go as much as $6 a share higher than it was supposed to, but that was when the volume was 10% of what it is right now.
    I sold to day @ 116, 115 twice, and 114.50. I just got back in @ 108.40 and 107.60. Am keeping 2/3 of cash on sidelines in case Bernake cuts again.

 
SRS
33.59-0.67(-1.96%)Aug 29 4:00 PMEDT