doc75 Posted December 8, 2014 Posted December 8, 2014 I think the TSX Venture index just hit its 2008-2009 low. I'm not trying to make a point -- just an interesting tidbit.
ItsAValueTrap Posted December 8, 2014 Posted December 8, 2014 My prediction: eventually it will go a lot lower and they will rename it. The TSX Venture (formerly the Vancouver Stock Exchange) is full of scum. I'd be shocked if it did well over a long period of time.
doc75 Posted December 8, 2014 Author Posted December 8, 2014 My prediction: eventually it will go a lot lower and they will rename it. The TSX Venture (formerly the Vancouver Stock Exchange) is full of scum. I'd be shocked if it did well over a long period of time. The "TSX Monte Carlo" has a nice ring.
SpecOps Posted December 8, 2014 Posted December 8, 2014 I'm not as pessimistic as GlennChan, I think it will rebound, there are always suckers around ready to stick money into false promises of riches :p I've only ever bought one stock on it, and it was a winner. Maybe I got lucky, but there are probably some diamonds in there among the chaff.
Hielko Posted December 8, 2014 Posted December 8, 2014 It will probably rebound at some point, but it could go a lot lower as well before that happens. TSX Venture shares some similarities with the AIM All Share Index in the UK: both are markets with limited regulations and a lot of crap for stupid retail investors. Doesn't have a pretty track record.
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