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Invesco Water Resources ETF T.PHO


Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.


NDAQ:PHO - Post by User

Invesco Water Resources ETF
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Comment by barackon Apr 09, 2014 4:54pm
208 Views
Post# 22432056

RE:RE:RE:Company is back buying shares up..

RE:RE:RE:Company is back buying shares up..
You make a very good point that growrh will propel this stock

We need to appreciate that:.
They had 65% revenue growth in 2013 and the highest ever.
New products were introduced last quarter.

Have no problem with PHO buying back 5 -10%  shares under $0.40 .
I agree with you that cash should go to fund organic growth and M&A opportunities.

A litlle market exposure would be needed too.


cheers
Bullboard Posts
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