Ainsworth Lumber Co Ltd ANSBF

buying at these levels

[estebancaballo]

and don't really understand why ANS is down again today......the US drop in unemployment claims should support the theory that the US economy is rebounding and that housing will continue to climb....any theories?

[huddle]

Perhaps the SP is being held down for accumulation by a fund or a large buyer. Make sense?   Hud.

[estebancaballo]

Could be..although it did turn out to be a down day for Cdn equities in general so maybe the word was...short Canada...........

[PAGODA5]

And the volume was strong as well.  Never a good sign to see that on big down day.  

[louel]

Nothing to worry about.  Couple more down days make a good entry point.    Would have been better if we traded a million  shares or better today.  Needs volume to clear out the sellers.    I made a post a while back where I expected it to go. based on a technical forcast.    Seems to be coming reality. &

[estebancaballo]

Thanks for that L. Do you think there will be a bounce next week after the quarterly  report?

[louel]

Just turned on the TV to watch the news.  First thing I saw was Adrian Dix against the pipeline oil export.    NDP still has a lead in the polls.  No wonder the price is falling.  An NDP Government is never favored by business or serious investors.  He sounds like he is opposed to everything that could make the province money.