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iShares Global Materials ETF V.MXI


Primary Symbol: MXI

The fund seeks to track the investment results of an index composed of global equities in the materials sector. The fund seeks to track the investment results of the S&P Global 1200 Materials Index (the Underlying Index), which measures the performance of companies that S&P Dow Jones Indices LLC (SPDJI), a subsidiary of S&P Global, Inc., deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. It is a subset of the S&P Global 1200.


ARCA:MXI - Post by User

Comment by RichyRich$on Jan 09, 2015 12:02am
119 Views
Post# 23300928

RE:Last day for Tax Loss selling: Dec 24th

RE:Last day for Tax Loss selling: Dec 24thWilwal.... "Both Companies May Not Exist In 2015". I was considering buying some but not sure after reading your comment there. Is it a situation here where they ran out of money and need someone to buy them out? If that's the case it means they would be selling under duress, so a buyout might not be more than 20 cents per share. For penny stock type of risk I wouldn't see it worth the risk unless a buyout would yield 50 cents per share. What is the true value of Merrex if someone bought them out not under duress? Also, if GRIT is cashing out on majority of its shares, that means smart money is leaving. Why would they cash in if they thought it would continue rallying to 50 cents? Possibly they know something we don't.
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