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PowerShares DWA Technology Momentum ETF Message Board

bilysquier 2 posts  |  Last Activity: Jul 31, 2014 9:51 PM Member since: Jul 2, 2004
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  • Reply to

    Bad News-$0.486 per share

    by birdfish1965 Jul 31, 2014 4:55 PM
    bilysquier bilysquier Jul 31, 2014 9:51 PM Flag

    Agreed, a total disappointment. Here you have something where the distribution should be rising every quarter, yet it is dropping. Buying SDR is like buying a car, it is constantly depreciating in value and as soon as those last 5 wells are drilled, logic dictates that it should depreciate even faster. Not at all impressed. For the record, I am NOT short this stock.

    Sentiment: Sell

  • Reply to

    Bailing from the Foo article

    by mikeestewart46 Jul 25, 2014 3:16 PM
    bilysquier bilysquier Jul 25, 2014 3:29 PM Flag

    That certainly explains the drop in the last hour or so. However it's been down all day after having been up for weeks. I suspect is has a lot more to do with the fact that they did not put anything out about the distribution last night. It's come out on the 24th forever now...

PTF
32.8755-0.5545(-1.66%)Oct 22 4:00 PMEDT

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