Ainsworth Lumber Co Ltd ANSBF

RE: RE: RE: RE: RE: RE: Stock behaving badly

[louel]

 Chart since  Feb 27th is pretty consistent.  It might even pull back a bit again.

 The Fed is still printing, Lumber prices are at profitable levels demand is outpacing supply, Japan is just beginning and sales to China are increasing. Some mills are starting while others will take up to a year to come on line.    I'm I worried?     Not in the least for at least 18 months to two years yet.

    Chart since  Feb 27th is pretty consistent.  It might even pull back a bit again before continuing on up. Price never goes up in a straight line.  If it does it comes down the same way when euphoria dissipates.   We are simply in a rest period. The next move I expect will be around  $4.85 to 4.90       Thats how I see it.  How ever just when you think you got it figured  the next word is generally.    OOps ! !