Tuesday, August 19, 2014

Pinetree Capital (TSE: PNP, OTC: PNPFF) : Has Over 100% Upside

Let me tell you, if you are a contrarian investor and looking for a place to hunt for bargains, this is it.
Are you familiar with the S&P/TSX Venture Composite Index? Standard and Poors describes this index as "a broad market indicator of Canadian micro cap securities in Canada."
This index of stocks has been beaten down relentlessly.
Check out the performance for the index over its recent history. It is truly a chart that only a bargain hunter could love.

This entire index of stocks needs to increase by 250% just to get back to where it was in early 2011. The performance of this index has been so miserable that today a full five years after the global financial crisis stock prices are back near the lows seen in those dark days.  (more)
Please share this article

No comments:

Post a Comment