RE:RE:RE:RE:RE:RE:RE:q out not as shareholders had hope?Here are a few reasons not to load up right away on this..... Tell me what you think
Housing starts slowed last month in the states... down by 2% percentage released this morning
China slowing down
Analysts stated that Q4 of last year and Q1 of this year would not be great!
Stock Seasonality for lumber companies goes for 1 more month and then usualy the stocks flounder for several months till late fall before they gain momentum and price... think I read usualy on average they gain about 20% during their seasonal strength !
All in all I think the company is on the right track with their plant upgrades and company re organization... So this should go higher late this year.. JMO for what it is worth... maybe just pick away at it for the next several months would be prudent.
Jerry