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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 Aug 03, 2018 10:50am
224 Views
Post# 28410162

RE:RE:RE:pho freefall!

RE:RE:RE:pho freefall!Not one poster here thoght that it would tank this much! Not one! So......the 200 day moving average is below $1.95. How do you know PHO won't revisit that level first? Hitting north of $2.60 by year end is NOT a gurantee! 

Amazing how many bullish posters there are on many stock boards but one on admits that stock head south at times! Nothing moves up in a straight line and the market see's something for this too tank!! Not sure what it is but.....


treehill wrote: While I suppose one can be annoyed at the stupidity of other people, the fact is that their mistakes are opportunities to make money. If the market thinks the numbers revealed yesterday aren't good, then I'll take advantage and am buying more. This stock will be back to $2.60 and perhaps up to $3.00 by the end of the year. In my view that's close to a 20% return with no risk.


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