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Bullboard - Stock Discussion Forum 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,... see more

TSX:WEF - Post Discussion

Western Forest Products Inc > The ceo didn’t buy 300 k shares in December
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Post by Diamondboy123 on Feb 14, 2024 8:21am

The ceo didn’t buy 300 k shares in December

If he didn't see thing take off this year. He knows the cyclicality of this stock and this industry.  In fact western is highly leveraged due to its relative small size. Goes down harder and faster on the downswings but flies faster and harder on the upside. Plus it's small market cap makes it a delicious takeover target. That adds fuel to the inevitable upward trajectory. The ceo has warrants. He bought in the open market over and above his options because he knows this thing will go up substantially.
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