OTCPK:CPPMF - Post by User
Comment by
unclesam2on Apr 16, 2013 7:54pm
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Post# 21263283
RE: RE: PI Financial: Buy and $4.00 target for CUM
RE: RE: PI Financial: Buy and $4.00 target for CUM - The question is: " Is this a good time to buy this stock ??"
- The risk is there as with any other investment. However, the current share price reflects poor sentiment and drastic reduction in expectations from this company.
- IMHO, this is when I will like to start creating a position in this company in my RSP portfolio. I can wait for more than 3 years to get $5+ on this stock. Even then, it is more than a 150% return in 3 years from the current price level.
- Expecting an annual return of 50% on your investment is not a bad idea.., is it ??
- Still keeping a lot of powder dry in case SHTF !!
GLTA.