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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 stockmarket1on Feb 05, 2018 7:45pm
160 Views
Post# 27507880

RE:Way Overbought

RE:Way OverboughtOnce again, funny how 1 or 2 pumpers here are now nowhere to be found lol. Back in their mole holes they went and hide!! Next run up they'll pop back out. We know who they are. That said, I doubt it will go that low ( $1.30) but it could very well go lower from these levels. But...if it does go to $1.30 level, why wouldn't someone buy it then if Pho is such a great take over target? That market as a whole was way overbought and we all know the semi conductor industry as gone through the roof the past 12 months so, this shouldn't be a surprise.
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