GREY:ETRFF - Post by User
Post by
stockking99on Mar 18, 2013 2:34pm
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Post# 21146566
Stock Price
Stock Price With housing rebonding close to 2009 level.
https://www.latimes.com/business/money/la-fi-mo-builder-confidence-20130318,0,987736.story
I see no reason why ETR stock price should not be in the range it was back in 2009-2010 which was around the .65 cent mark. Eacom products are a commodity so regardless what happens it should at least bring in what the market is paying for lumber prices.
The 2013 chart is starting to reflect what the stock did in 2009. Next level should be much higher than we are today. We should be testing new highs in the following weeks.