Risk still exists. Institutional Financial Markets (IFMI -33.6%) gets smacked after reporting a Q1 loss of $0.34/share, undertaking a dilutive capital raise, and adopting a poison pill in which it threatens significant dilution to any group acquiring more than 4.95% of the company's stock without board approval.
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ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs