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 > Lets be Real

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Comment by Stocker46on Nov 14, 2018 11:51am

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Post# 28972820

RE:Lets be Real

Yes by all means "let's get real". Would you prefer the old CEO and BOD who put PHO at great risk due to their corrupt behavior?
These guys are focused and appear to know what they're doing (IMO). Maybe a little conservative and low key when it comes to promoting the company (or maybe they just don't want to get noticed by those looking for a buyout). I would much prefer their approach than Management that are constantly creating a positive spin to cover up their incompetence.
The 40 some million in cash gives them some options. If you really believe the Semi-conductor industry is a long term loser ... then sell your shares and move on.

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