RE:RE:Double since March lowsSilverSpewn wrote: Don't worry about timing the bottom, there is still plenty of room to run! As per TD Securities, "positive OSB price momentum is accelerating. Gains last week were consistent across all key regions. The North Central benchmark price improved US$12/Msf (+4% to US$310/Msf). Anecdotal reports referenced thin inventories through the supply chain exacerbated by some logistical challenges."
Investing in quality companies that are on a bull run supported by strong fundamentals will always be a successful strategy, lucky timing is just a bonus!
Up about $10 in 3 weeks, I sold 80% of my OSB at just under $42. I held these shares a few months after buying around $25, then $15. It is the only holding in my portfolio that isn't still hammered down. The highest it has been in over a decade is mid $50s. Seemed like a good time to reduce as I don't think the COVID chaos is over just yet.