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Don't Confuse CFP with CFP.T

|Includes: Cornerstone Progressive Return Fund (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