Invesco Global Listed Private Equity ETF V.PSP

Primary Symbol: PSP

The investment seeks to track the investment results (before fees and expenses) of the Red Rocks Global Listed Private Equity Index. The fund generally will invest at least 90% of its total assets in securities (including American depositary receipts (ADRs) and global depositary receipts (GDRs)) that comprise the underlying index. The underlying index is composed of securities, ADRs and GDRs of 40 to 75 private equity companies, including business development companies (BDCs), master limited partnerships (MLPs) and other vehicles.

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Invesco Global Listed Private Equity ETF > 2004 Pump N Dump 3 dollar shares melt into dust

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Comment by Statesman007on Jul 26, 2016 5:39pm

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Post# 25086505

RE:2004 Pump N Dump 3 dollar shares melt into dust

2004-today both the company and the world are in very different places. 2004 PSP wins 10s of millions of dollars in contracts, stock float 1/5 of what it is today, world going to war, several companies stocks exploded higher only to return to earth the hard way. 2016 PSP profitable, growing, winning the same large contracts and has real revenue beyond the large contracts and management controlling costs and not "milking" the company. Not sure how much the CEO and his wife took off the table back in the day but I am sure it wasn't as much as you suggest. Wake up Slick...

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