OTCPK:CUUHF - Post by User
Comment by
Capharnaumon Mar 07, 2019 11:17am
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Post# 29455385
RE:$4.40
RE:$4.40crow27 wrote: And today the markets are just a little bit down (still considered to be at all time highs), just wait for the big drops that are just around the corner ( dropping 800-1000 pts a day). Then you will see some corrections to the down side on just about every stock. Then all the long range rosy forcasts will really change and that's when stocks get hammered.
Once it starts it is hard to hold it back.
As a whole, the TSX isn't that high.
The TSX reached 15 650 in 2014, 15 000 in 2007, nearly 16 000 in 2017. Plenty of <15 P/E on the TSX top 60 despite low interest environment (which should push P/E ratios up).
Not specifically SOX (as they are underperforming), but Canadian companies in general are still cheap compared to other countries.