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Joe Eqcome
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Joe Eqcome is the pen name of Robert A. Frank, CFA, a Wall Street executive who has spent over 30 years as an investment professional. Mr. Frank is the founder of GrowthIncome Research & Management, LLC. GrowthIncome Research & Management, LLC’s business mission is focused on generating... More
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  • Don't Confuse CFP with CFP.T 0 comments
    Feb 11, 2010 10:13 AM | about stocks: CFP
    On the tape this moring was a news item that said "Canfor Target Raised to C$7.75 for CFP.T

    CFP.T is a canadian stock Canfor Corporation (CFP-T). Unfortunately, it is near the current price of CFP: Cornerstone Progressive Return Fund. 

    They are totally different securities. CFP is essentially a junk stock that should be selling at $6.00 per share.

    Canfor is 
    an Integrated forest products company based in Vancouver, British Columbia. Its major products are lumber, plywood, OSB, pulp, kraft paper. Some other products include remanufactured and finger-jointed lumber, newsprint, hardboard, refined fibre and logs.

    Disclosure: None
    Themes: Overvalued Stock Stocks: CFP
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