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iShares Global Materials ETF V.MXI


Primary Symbol: MXI

The fund seeks to track the investment results of an index composed of global equities in the materials sector. The fund seeks to track the investment results of the S&P Global 1200 Materials Index (the Underlying Index), which measures the performance of companies that S&P Dow Jones Indices LLC (SPDJI), a subsidiary of S&P Global, Inc., deems to be part of the materials sector of the economy and that SPDJI believes are important to global markets. It is a subset of the S&P Global 1200.


ARCA:MXI - Post by User

Post by rockhead7on Aug 08, 2016 1:27pm
254 Views
Post# 25119893

End of the road

End of the roadFirstly, a disclaimer, over the past 11 years I have been wrong far more than right on this stock.  That said, I cannot imagine that we are not at or near the end of MXI.  Iam has an increasinly valuable currency in their own stock-and we are a major play in their core area.  Add to that the fact that our stock has bucked industry trends and been a bit of a dog over the last while and the stars are aligned.  After their last fiasco I am sure Iam is a bit gun shy but a MXI acquisiton will be the cheapest ounces they ever added.  Which of course is not a good thing for us but this ship has sailed.  I believe that MXI will be such a bonanza for Iam that I intend to hold my Iam paper.  With Iams financial position combined with MXI bluesky potential the sky is the limit-the only risk is political-and I am sure none of us will ever forget that again.  Wilwal, I have the Craft brewery picked out!
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