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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

Bullboard Posts
Post by HighBuyon Dec 18, 2014 2:42am
184 Views
Post# 23243135

Since April 2014

Since April 2014So dont come on here often but wanted to share my two cents. 

Since april, the company have been re-organizing there shares and executing there options. This is all listed in the 2nd quartly earnings. Which would explain the stagnent up and down movement. 

But after the Q2 release, there was the oil assumptions and it hit this stock.(TSX)Sometime the price in based on speculations, but it is severly underpriced after the Q2 release indicated gross rev, net income increase...

So give it some time and it will come around, we can almost see a head and shoulder patter coming around on the stock which is rare to see in a penny stock. So if this is true the short sellers are experienced. And are playing the waiting game. 

My two cents, ...
Bullboard Posts