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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 > Excellent Q3 by Photon
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Comment by remyken1509on Nov 10, 2020 12:52pm
163 Views
Post# 31870905

RE:RE:RE:RE:RE:RE:RE:RE:Excellent Q3 by Photon

RE:RE:RE:RE:RE:RE:RE:RE:Excellent Q3 by PhotonStocker46: great points and I couldn't agree more.

The issue here is that we are in 2020, with record numbers (never seen before) and yet we still are facing the sames liquidity issues as in 2019, 2018 the former being -pardon my language- a real shitty year.

At some point, pundits have to ask themselves the following question:

Is management doing a good job returning value to shareholders? Based on the SP performance today vs outstanding results, I am not so sure. 

If the point is to just to grow the company but not to mind markets, than delist the stock and go private or someone will and make an agressive buy out.

Mr Market will simply not wake up one day and say Jeez Photon is the gem in the rough. I've been sleeping the last 3 years. Management needs to knock at its door and send a birthday invitation card so to speak.

Anyways, that's my two cents. I hope you are right and that I'm wrong.


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