CXR or other? hey guys,
thanks everyone for your feedback
CXR so far has been incredible, I wish I got in earlier. Right now i'm on the fence between several Canadian Phauramticals
CXR, DND, RX, and MSL. I unfortunately only saved up $10,000 to invest.
I'm not sure what to do and here are my feelings towards each stock:
CXR - Past performance has been great, and Mark was from Valent, this stock is listed on TSX, pays a dividend, and has the tax advantage. My concern is it too high to still invest? A lot of stocks now seem fairly valued or overvalued. I just don't want to invest and get screwed like a lot of people did in 2008. I just found out about investing and wished started sooner.
DND - Someone recommended this, and I took a quick look and their fundamentals look strong and they dont have debt and have a good P/E ratio. According to people they have a few more products on a pipeline so it could go up. So fundamentals look good, I don't know anything about their management background so if someone can shed light that would be great. The price also seems to join
RX - This thing has been kicking butt and has outperformed all the other ones I have listed. Unfortunately it listed on the Venture, this has me worried as I know friends who invested in Venture and has been screwed over from halts, delistings, etc. It's also the most voltaile of all the listing, in one day it has gone up 10% but at same time gone down 10%. I really want to try this one, but it feels risky
MSL - This one seems to be the best priced but has a few bad turns lately. It was recently halted and the CEO just recently resigned. Does anyone know why? The CEO resignation honestly seems abrupt which usually isn't a good sign when anyone from managment leaves when the company is supposely doing well.
Any feedback, suggestions and comments welcome, thanks everyone!