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Invesco Water Resources ETF T.PHO


Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.


NDAQ:PHO - Post by User

Comment by grobinso_1on Feb 24, 2019 5:01pm
190 Views
Post# 29406502

RE:RE:RE:Crystal Ball Request - grobinso_1 and rose22

RE:RE:RE:Crystal Ball Request - grobinso_1 and rose22As the company grows and matures, the shareholder base also changes.  When I invested first back in 2001, it was because of the technology and my sense of possibility.  Fast forward 18 years and now the company has it's products integrated into the semi-manu space; something I could never have foreseen.  New investors to the story see the company through a different lens.  With the help of BNN et al, this company has gone from a speculater investor base to a general retail investor base and the wild gyrations are a reflection of fickle nature of individual retail investors.

Answering your question, can the wild gyration happen again?  Absolutely!  I'd be happy if the company made boring slow moves in price based on it's enterprise value.   My perspective however is very different from someonone who is looking for a momentum growth play.  I'v made assertations that this stock can go to $17.  I'm facecious only to a degree because the foundation that this company rests on is rock solid and the growth opportunities in and out of the chamber is enormous IMO. 

I have also been researching metrology and a few intrriguing net growth points for PHO that has me very excited (and admittedly out of my engineering depth) but make no mistake, this Co has what it takes to meaningfully grow well.

Stay for the ride and enjoy the journey.

Gro
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