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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 stonesheepon Mar 30, 2012 3:03pm
255 Views
Post# 19740280

RE: who is selling?

RE: who is selling?

I have been in this stock and predecessor for almost 6 years and it has always always always had plenty of sellers.  The last year has been even more so.  You talk directly to other people in the stock and no one can figure out where it is coming from.  It almost seems like a conspiracy as the selling will rotate from house to house.... like someone with a large block spreading it around.... but always selling. 

You can count on one thing and that is we are at risk of getting fckd by the new money coming in when the plant is a go.  They will be issued a gazilliion shares at the lowest price possible in exchange for their contrbution diluting the pss out of us!.   I believe our only hope rests with NKL.  We need good news and a big price appreciation and a buyer for PCY's share of NKL so that we do not need to raise any more equity.  But given how careless management has been by blowing the previous $40m and raising more lately despite promises to contrary I am not holding out hope on that.

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