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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 Bottleson Jan 11, 2011 2:31pm
448 Views
Post# 17955156

RE: true

RE: true"Looking hard at other options as there was no sustained bounce from offtake agreement.
This is proving dead money and the promise of ''the next news release'' as a company maker is wearing thin."

The "off-take" agreement can come any day within the 30 day time limit to finalize an agreement. Recall that only an MOU has been reported to date as to minimum's where a final agreement is pending that will shed better light as to prices and details.

PCY bounced back to the low 1's and smart accumulation is taking place (ie: smart being keeping the shares in a narrow trading range). Meanwhile, and given that PCY likes to report news at 8.30am before the market opens. All I can say is "trader beware".
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