GREY:ANSBF - Post by User
Post by
fibonnacion Apr 18, 2013 2:12pm
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Post# 21271230
aninsworth trading very well.....
aninsworth trading very well..... homebuilders in states showed a tad bit of weakness yesterday, check the xhb index for the chart but they have led the recovery since 2011 but turned s/t negative for first time in 2 years... have the homebuilders topped out or taking a break? this also coincided with the cfp and wft moving below 50d moving averages recently.... all the while ainsworth continues to shrug off the weakness and hang around 4$.... very bullish piece in the latest "crunchers corner" by jennifer dowty in the investors digest.... she talks about all the wood and osb shares but specifically mentions ainsworth as a good performer that has lots more potential.... btw, dowty highlighted the fact that ainsworth was the largest western osb producer, as significant b/c of the proximity to asia... also, homes inventory numbers out soon in states could provide more impetus to move ans higher.... i am still looking for 5-6$ before the next quarterly report.... very bullish setup for osb imho.... glta