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Norbord Inc. T.OSB

"Norbord is the largest global producer of oriented strand board, which is used as a structural panel for building applications. The majority of its mills are located throughout the United States, with additional capacity in Northern Europe."


TSX:OSB - Post by User

Bullboard Posts
Comment by bnwon Aug 23, 2012 9:32pm
196 Views
Post# 20254765

RE: RE: RE: looked a little pricey on monday ...

RE: RE: RE: looked a little pricey on monday ...

I'm hanging on for a bit more.  I bought it at $ 14.55 in March of 2011.  I do believe the recent gains are attributable to US housing expectations and I see no reason for the sentiment to change, at least until the end of year.  If the stock surpasses $ 17.90, I'll lock in gains with a Sell Limit order but hope to stay in until about $19.40.  This stock is one of the 30 top stocks in terms of tracking at or closest to its 52 week high.  I don't like to unload anything as long as it meets that criteria.  Because I bought so high, my gains, even if my forecast is right, will be modest but its nice to have a winner now and then.

Bullboard Posts