RE:RE:RE:RE:RE:RE:WEF stock irrationalferret_ca wrote: the market knows the numbers will be huge, it also knows it's a 1 off, following q's will be good but not like q2.
futures seem to be settling down and turned back up a bit yesterday and followed thru this am, lumber stocks are due for a bit of a bounce and we are getting it , at least for now, lol.
Well, look at the stock price pre-covid and the price of lumber at time. Look at the stock price now and the price of lumber. Both are down considerably from there highs but its also widely accepted the lumber will never go back to pre-covid price. that alone supports a higher price then we are at.
Its all about momentum.. right now it has little, but fundamentally it looks good..