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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 metylman2000on Oct 18, 2010 3:11pm
537 Views
Post# 17578133

RE: RE: say what you will about Bob Moriarty..

RE: RE: say what you will about Bob Moriarty..

Lee took over because he was unhappy w/Armstrong's snail pace on realizing assets....
Lee is the boss now, not Armstrong...
shareholders had to side w/Lee, otherwise merger wouldn't have happened...
Welgreen has been around for 40-50 years...you got that right....
and metal prices are what they were 40-50 years ago....ooops....no!...they're a LOT higher.....hmmmmm
and China wasn't in desperate need of additional resources (coal) 40-50 years ago either...
of which PCY (via Red Hill aquisition) has it coming out of their ears...
I would hazard a guess that Moriarty has a bit more knowledge than yourself....

I know, because he's made me a boatload of cash...

he doesn't pick winners all the time, but he does most of the time...

and when they are winners, they usually are BIG winners...

I understand you're upset as a Red Hill investor, as you got screwed when Lee/Prophecy took them over...

but PCY will be crying in their beer, all the way to the bank....

regardless, good luck to you....

I suggest you move on to greener pastures...

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