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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

Comment by ideal2uon Jul 24, 2011 11:26am
388 Views
Post# 18866229

RE: RE: RE: RE: RE: RE: RE: RE: RE: Thank You Mr.

RE: RE: RE: RE: RE: RE: RE: RE: RE: Thank You Mr.Helgek

I am not worried  that Platinum has stolen the focus from the coal because it has given support to the SP that the coal was not able to give. (SP 2day .96 vs. before Plats .53). My concern is that reality will set in and this big NKL run will come to an end, the SP of NKL will drop down to the 2.50 range and if we don't have an OT agreeement we'll be sitting back at a .60 SP again. We need to keep the momentum going for PCY and the only way for that to happen is an Off-take agreement. I too wasn`t smart enough to see a $5 plus share price for NKL but truthfully I don`t think 99.9% of the people here say this coming either. Bottom line is we own 45% of NKL and when we start selling coal I am confident that PCY is ther best one to own. Also, Wellgreen may never be a producing mine, PCY is, we just need to figure out a way to sell our coal and we`re off to the races.
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