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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 Equalibriumon Jan 18, 2011 4:20pm
341 Views
Post# 17992031

RE: RE: RE: RE: basically all canadian props spun

RE: RE: RE: RE: basically all canadian props spunYou know Marty, you could very well be right, and I suspect you are.....But, this would not be the first time that something like that has happened in the Corporate world, especially on the Vulture Exchange.

And, I was a long term shareholder of RH and after losing a lot on it, bought a significant portion to average down near the lows, and I am very happy with the action in the Price since things happened with PCY, and bought more PCY at .45 and again at .92

Of course they should have left RH on it's own, and developed it as it was, and if they only looked after shareholders and not themselves and their own greed, we very likely would be a lot higher right now if the same people were involved, but just didn't want so much of the company for themselves. But if they did not do anything at all, would we still be languishing at the low RH price, most likely, as that management did not have the drive or the connections to get things going.

Personally I really don't mind how much those two guys make on it, as long as I am happy with the return I get on my investment. Corporate greed will always be there, it is human nature.

I just pray that everything that is going on is above board and legal, and that all this manouvering they are doing doesn't blow up in our faces some day before the big payoff.

And, I do recognize that as a possibility and accept that risk.

Very soon I will sell 50% of my shares and take 100% of my investment off the table, and ride the rest as casino money, as there is the possibility that is exactly what it is.
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