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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 > Bad Timing
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Comment by grobinso_1on May 09, 2019 8:45pm
198 Views
Post# 29732038

RE:Bad Timing

RE:Bad Timing
While I'm over-weight on pho for my spec portfolio, I have a price target for additional purchasing on this stock.  Below $1 is a no brainer if you have any patience.  From my reckoning, the rebound was previously expected to be Q2 or Q3 and that is unlikely now.  Fine by me but other opinions obviously are in control of the SP.  Patience grasshopper.

Gro
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