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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 Baer1on Nov 15, 2011 9:09am
377 Views
Post# 19237919

RE: RE: Predictions

RE: RE: Predictions The market has also missed the 50% of outstanding NKL shares held by PCY. That is a $77 M asset at today's share price. NKL still has to build a mine and start producing; PCY still has to build a power plant and start generating; PCY has to resolve their shipping issues on Oolan Ovoo coal. This IS an early stage play. Lots can go wrong, but if Lee pulls it off, the payoff for shareholders is huge. Patience is the name of the game, now. This is not a good traders' play any more. It is an investor long term hold play. Believe in management, or don't. The story is great on all fronts. There have been, and will be issues. Lee has delivered shareholder value so far. I'm giving him a chance to bring home the whole pig.
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