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Ainsworth Lumber Co Ltd ANSBF

Forest Products Lumber & Wood Production


GREY:ANSBF - Post by User

Ainsworth Lumber Co Ltd > Upgrade looming?
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Comment by PAGODA5on Apr 01, 2013 10:56am
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Post# 21191935

RE: RE: RE: RE: RE: RE: Upgrade looming?

RE: RE: RE: RE: RE: RE: Upgrade looming?

And an outrageously high P/E is an indication the company is overvalued and very risky at those particular levels.  I think the lumber companies are ff the charts becuase the herd has run over and bought them given the state of the US housing market.  You can make good money on these momentum swings you just need to know when to get out.  Make your $ and bail and don't second guess any additional upside.  Pigs get slaughtered in this business.  

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