Due diligence indeedThis was posted by A1 on May 19, 2005, 9:39 AM:
"Ready for takeoff!!! OSB mills now quoting mid June, some still off the market. OSB prices are going to scream upwards!!! 500/m + here we come, currently now 400/m - 410/m up in a matter of days from the low of 330/m (that was ricdiculous) !!! IMO. Last year high was 700/m !!!"
Please count the exclamation marks. The stock was then trading around $12. Needless to say, OSB prices never reached $500 CDN. It all gives a good appreciation of the quality of A1's "due diligence". However, he can be relied upon for a laugh.
Good luck to all.
Carlo