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First Trust Dow Jones Global Select Dividend Ix Fd V.FGD


Primary Symbol: FGD

The investment seeks investment results that correspond generally to the price and yield before the funds fees and expenses of an equity index called the Dow Jones Global Select Dividend IndexSM. The fund will normally invest at least 90% of its net assets including investment borrowings in the common stocks and depositary receipts that comprise the index. The index is an indicated annual dividend yield weighted index of 100 stocks selected from the developedmarket portion of the Dow Jones World IndexSM. The fund will normally invest at least 90% of its net assets (including investment borrowings) in the common stocks and depositary receipts that comprise the index.


ARCA:FGD - Post by User

First Trust Dow Jones Global Select Dividend Ix Fd
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Post by Caliaccelon May 09, 2017 1:55pm
209 Views
Post# 26221997

FGD Simply Not Even Worth .40 Cents per Share

FGD Simply Not Even Worth .40 Cents per ShareThe market cap of this company at .50 cents is approximately $125,000,000 
Yet, according to the latest financial statements, the company is worth a (negative) -$6,107,862 with negative working capital of -$4,000,000 Even at .40 cents its still totally over-valued. FGD was totally hyped up. FGD is not the only mobile fintech app. out there. Lots of companies and established banks are doing it. At best a market cap of $50 million which is .25 cents a share.

I warned you March 27th, when the share price was at .98 cents and Banx was pumping this (and every day continues to do so), that the share price was going to go down.. Well done DOJI! People, DOJI is not the reason the share price has dropped. Too many outstanding shares. (A reverse split is coming). lawsuits, negative working capital and negative net worth. DOJI was right and none of you pumpers have any class as you have not congratulated DOJI for getting it right. All the while pumpers keep getting it wrong and try to discredit DOJI for getting it right.
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Dealroom for high-potential pre-IPO opportunities