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 > orchestrated pull back

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Comment by Stocker46on Mar 08, 2019 3:55pm

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Post# 29463357

RE:RE:RE:RE:RE:orchestrated pull back

I never put a lot of credence in Broker's target prices.

"company’s third quarter showed good cost control and significant free cash flow generation within a soft market, although management projections for Q4 fell short of expectations."

Unless they have insider info, I assume they mean Q3 in the second reference.

I've seen brokers annouce a major upgrade only to sell a huge block of shares a couple of weeks later. I always wonder about alterior motives.

That said, their overall analysis was quite positive.

PHO previously used Echelon for their NCIB program but have now switched to Paradigm ... not sure why.

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