TSX:VSN.DB.B - Post by User
Comment by
Beckysbosson Mar 14, 2016 9:55am
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Post# 24654970
RE:overreaction yes but not unexpected
RE:overreaction yes but not unexpected
If you see the Cdn market rebound a bit this year with the price of oil as some are expecting than I bet you will see VSN in that $10-12 price range. The dividend is secure and that will attract buyers, when the alternative to the market is GIC's at 1% and you benefit from the dividend tax credit folks will be back. All Cdn stocks were hit this past year as U.S investors left given the double hit of sinking currency and sinking stock market. Think we are in the early stage of that turning. Won't be today, won't be tomorrow but down the road.... I added some just now.