RE:RE:RE:how is it down after earnings?Q1 was great but Q2 is going to be enormous.
Lumber benchmark pricing and volumes are much higher in Q2.
I think the slump is just based on waiting to hear what Canfor does with the cash, more buybacks, special div, elimate all debt are all on the table and not just possible but likely.
I also wouldn't be suprised if WY or LPX makes offers on Canadian companies while they are sitting on low market caps. The market puts a higher multiple on the american names... WY is a 30b company and only 3rd largest lumber producer behind WFG and Canfor...makes no sense but it is what it is.