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 HighBuyon Dec 18, 2014 9:54pm

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Post# 23247306

RE:RE:pho and zms

After Q2, 10-15% from 0.50$ you around $0.65 would be my guess. If positive Q3 and Q4 you could be looking at Q3 10-15%. But overall it is currently undervalued but, what I really like about this stock is this. The company has significant money, they are sitting on. A novice trader would regard this as nothing special, but assets/liabilities is very important. And having a strong balance sheet, it does not matter what others say this is a good company to back.

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