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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 vinebillson Sep 19, 2018 7:53pm
170 Views
Post# 28651655

RE:RE:RE:RE:RE:any news?

RE:RE:RE:RE:RE:any news?US China war is going to effect everybody .....US being the major consumer and China being the "Manufacturer" of the world. I dont see the panic in US markets - so it tells me that this is a bear attack which i call "shaking the tree".

Paradigm folks brought about 150K shares ( big lots visible to me)  todayand i think the buy back has started. I recall the CEO saying that these folks will handle it.

$3M cash towards buy back is about 1.5M shares........so let the financial engineering begin.....( as of last conference call- mid aug- they had bought 0 shares).

Sombody mentioned patience running out- i guess rose and gro can tell more about that - these folks have waited for such a long time - hats off to their patience. 

Micron is reporting tomm and their chip guidance tomm is making folks nervous about PHO. Hence i think it sold off today. 

Keep your powder dry guys .....and good luck to all !







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