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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

Post by COUGAR68on Jul 25, 2011 5:19pm
509 Views
Post# 18870778

oversold

oversoldway oversold,  some day PCY will get a fair valuation in comparison to NKL, until then I'm adding to my position.  The results from the next 10 holes will justify higher prices.  Open pit mining is huge, low cost to mine.  The conf call in my opinion was conservative using a .4% grade, JL made it sound like it is really .2% grade which would increase the deposit.  This is a winner in my book!!   will wait for the results in 6 weeks.
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