RE:RE:RE:CEO - Insider Buying
Lumber at trough level??? Go here https://tradingeconomics.com/commodity/lumber
Click on 10 years...while it might not look like a trough, I think it is the bottom in this cycle.
Where I live 4, 5 and even 6 storey buildings are going up EVERYWHERE it seems and they are ALL wood frame...it's not a "if" but a "when" IMO before lumber rebounds to near the 600 dollar mark again.
That's a big % change that will all go to the bottom line of these producers. 10% of my "skin" is in lumber right now! A true believer, I am ! LOL....GLTAL