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Western Forest Products Inc T.WEF

Alternate Symbol(s):  WFSTF

Western Forest Products Inc. is an integrated softwood forest products company. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing and wholesaling purchased lumber. Its product categories include Outdoor Living, Exterior Appearance, Interior Living, LIFESTYLE CEDAR, WFP Engineered Products and others. The Outdoor Living products include decking, timbers, outdoor structures and fencing products. The Exterior Appearance products include siding, trim and fascia, soffits, and door and window products. The LIFESTYLE CEDAR products include LIFESTYLE CEDAR Decking and LIFESTYLE CEDAR Fencing. The Interior Living products include interior paneling, interior moldings, architectural millwork, and stair components. The WFP Engineered Products include Curved and Arched Glulam, Straight Glulam, Fabricated Trusses, Calvert GL3000 and Other Glulam Products.


TSX:WEF - Post by User

Bullboard Posts
Comment by Canoutchieon Mar 06, 2013 6:21pm
140 Views
Post# 21090349

RE: RE: RE: Buyers and sellers strange fellows.

RE: RE: RE: Buyers and sellers strange fellows.

I would say it's weird, as well.  WEF certainly seems to be winding tightly in this range.

 

I noticed that there seemed to be a large amount on the bid side this afternoon.

Over 1,000,000 at $1.34, but I'm not sure if that was a phantom bid, or not.

Equally high on the ask side, with around 600,000 at various points during the day.

I'm not sure if that was a Level II reporting error from my RBC screen, or not.

 

I also picked up more shares today.

One of my US mid-cap stocks has gone parabolic over the past week, up more than 20%.

I get nervous when there's a shareprice rise like this for no apparent reason. Dow Jones tag-along, I guess

This US stock paid no dividend, and now the P/E on this US stock is trading well above WEF's current P/E.

So I decided to take some profits on the US stock, and switch the money into WEF.

I hope this was a smart move, however we shall see.

 

GLTA

 

 

Bullboard Posts