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 grobinso_1on Sep 11, 2015 3:31pm

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Post# 24097307

RE:RE:Swirling the tea leaves.

Opsens is trading at a market cap of $43 Million vs. 70 or so for PHO. Their quarterly revenues have dropped a lot because of the O&G business and by cleaving that part of the business off into a separate unit, I'm betting they are looking to offload to focus on the coronary product. Given the revenue declines, the O&G business won't be too valuable and might make a decent tuck in acquisition. I'd like to aquire the IP and customer list and have most of the business fold in under PHO rather than taking on a second organization... but hey. I'm just stirring tea leaves!

Cheers!
Grobinso

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From now on, dynaCERT instead of Bitcoin or NVIDIA?