Bullboard - Stock Discussion Forum iShares S&P/TSX Capped Consumer Staples Index ETF T.XST

Alternate Symbol(s): ISTIF

The investment objective of the Fund is to provide long term capital growth by replicating, to the extent possible, the performance of the S&P TSX Capped Consumer Staples Index the Index, net of expenses. To achieve its investment objective the Fund uses an indexing strategy. Under this strategy, the Fund seeks to replicate the performance of the Index, net of expenses, by employing, directly... see more

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iShares S&P/TSX Capped Consumer Staples Index ETF > This is why people are dumping!

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Post by cocococo on May 10, 2000 2:00pm

This is why people are dumping!

Novice one you must understand we are in a different market then we were two months ago. That is probably the number one thing wrong with most tech companies. But I don't think XST has any excuses because they are not a dot.com company they are a technology company. I think the first sign of trouble came when the previous promoter quit and a few key people started dumping their stock. The company still does not have a promoter yet and I hope they get one very soon, cause the drop in the stock price is only going to bring out more selling. I think what you may have now is a question of trust in regards to what's being said by the company to investors. There was supposed to be many deals coming to light and this hasn't happened yet. I guess the question is will these deals come to fruition.

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