RE: RE: RE: RE: RE: US Housing Market Weird I was just gonna throw (TMB) Tembec in to the convo. Buy it in the fall, sell it just before summer. Its already climbing. I had to sell out for a downpayment on a condo after gaining $1/share and regret it already (Paid $60,000 less on the condo than the last guy that bought it, so hopefully that come out in the wash in a couple years). I'm scrambling to at least get a few more shares to ride out the next month.
WEF was a great play as well and I got the same deal after the earthquake. I'm riding it this year as well, seems to be on the up and up again this week.
ETR is my long shot as well. Any forestry based out of BC has the advantage of being beside the Pacific, opens up the world market and saves on shipping costs. Eacom needs the US comeback because they will be their most efficient customer. By the time it happens A LOT of BC product will be committed to going across the ocean therefore leaving Eacom in position to score a bunch of the newly revived US demand. Problem is they need to keep money flowing until then. Here's hopeing.
My advice to anyone who wants to play forestry is buy in Oct/Nov, sell in March/April. The stocks almost always reflect the annual business cycle. Lumber for example stops selling as winter sets in (No one builds anything cuz it's cold as f%$) Then in the Spring developers place all their orders for the projects that are breaking ground. On a longer term basis, when forestry booms it booms big, and when it crashes it crashes hard. If you can figure out who is going to survive this crash, you'll be sippin' martinis when the boom comes. I really like Canfor as a "safe" choice, but I'm a risk taker so I'm looking for stocks with lots of room to grow.
Good chat, best of luck to all.