Invesco Emerging Markets Sovereign Debt ETF V.PCY

Primary Symbol: PCY

The investment seeks to track the investment results (before fees and expenses) of the DBIQ Emerging Market USD Liquid Balanced Index (the underlying index). The fund generally will invest at least 80% of its total assets in U.S. dollar-denominated government bonds from emerging market countries that comprise the underlying index. The underlying index measures potential returns of a theoretical portfolio of liquid emerging market U.S. dollar-denominated government bonds.

ARCA:PCY - Post by User

Invesco Emerging Markets Sovereign Debt ETF

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Post by Equalibriumon May 10, 2011 8:11pm

439 Views

Post# 18556989

Market Irrational

Just emember those wise words someone once said that is something like this;

The Market can remain irrational a lot longer than we can remain solvent....

There is no way to know for sure if the 'market' will price PCY correctly tomorrow, or 5+ years from now.

But that is true of all stocks at some point in their evolution.

The risk/reward for PCY looks a lot better now than it did above $1.10

I now have bought back a total of 1/3rd of the PCY I sold in the 90's, after getting a few more today, against my gut feelings.

Still not ready to fully commit.

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