Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Touchstone Strategic Income ETF V.SIO


Primary Symbol: SIO

The Fund seeks a high level of current income with a focus on capital preservation. The Fund invests, under normal market conditions, at least 80 percent of its assets in income producing fixed-income securities. This is a non-fundamental investment policy that the Fund's Board can change upon 60 days prior notice to shareholders. Income producing securities generally include corporate debt securities, mortgage-related securities, asset-backed securities, government securities (both U.S. government securities and foreign sovereign debt), and preferred stocks. The Fund will engage in frequent and active trading as part of its principal investment strategies.


ARCA:SIO - Post by User

Comment by Jace1on Apr 26, 2012 3:49pm
55 Views
Post# 19840650

RE: RE: RE: Live 3D

RE: RE: RE: Live 3D

You may be right about the incompetent part..time will tell.

However, you may be surprised to know that financial due diligence is always one of the final steps of the contract. So, it is possible that management just recently found out about the need-as partners were reluctant given Sensio's small size and balance sheet. But like I said before, there may be more to it than their reason given, and we can only speculate.

As for my opinion of the call, I thought it went rather well. I went into the call jaded---first with the PP, second with the 3DGO delay, was fearing a third strike emerging from the call in as little as a week. They were specific with TCL likely being signed with the next few weeks, or at least, they saw nothing standing in the way of signing the deal in that timeframe. If we hear nothing in a month, I really start to question management. Perhaps they are simply being strung along and fail to see it.

Bullboard Posts