Volume Wow... the volume.... sooooo good. I think we'll be seeing a new 52 week high... possibly tomorrow. I was anticipating a rebound to a slighly lower close than yesterday but went even higher on enormous volume.
Now all the shares will reside in strong hands who want to hold the shares. When big buyers are involved on a stock like this they aren't looking for a 6% return per year... just sayin. Brookfield out of the picture now so that won't hang over the stocks head like a dark cloud. Also the fact that they snapped them up so quickly that they decided to sell the lot... if that isn't a vote of confidence I don't know what is.
Assuming no geopolitical events and steady or increasing lumber prices its looking really good for the next leg up. As far as a value play you can't beat it... also IF and that's a big if the stock gets above 3.00 to my understanding a lot of investors will be allowed to purchase on margin which will definitely be advantageous for current holders.
Glad i held onto my position in its entirety over the past few months.
All above is my own opinion please do your own DD