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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 netgenxon Jun 26, 2015 10:34am
92 Views
Post# 23871988

RE:RE:sold 30K (12%) of my shares today @.23

RE:RE:sold 30K (12%) of my shares today @.23
I understand your point, and with all due respect, I disagree. I still own 88% of my shares. The fact that I was buying shares from .06 to .15 supported the share price and helped in some small way to moving it to the point it is at today. I invest to make money, and after 30 years I have had many painful lessons from not mitigating risk. You yourself say "It doesn't take much to turn investors bearish these days...". The price of gold could drop 30%, IMG could make another bad investment decision, the government could triple royalties on production; there are at least a hundred variables that could change the landscape here. Personally, I think it's unreasonable to accept 100% of the risk when there is no need to do so. Lastly I would add that if no one were to sell shares the price would no doubt go up, but if the share price goes up without VOLUME, it's really meaningless -
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