RE:I'm the dummy
The CEO cannot tell you anything when the company is in the quiet period. Q4 and Q1 are the weak quarters for lumber but that does not mean to say they will not be good on a comparable basis. There was a analyst on BNN yesterday that said forestry will be good for at least the next 4 years. Oil is down. The $C dollar is down. What is not to like about it. I think, imho, by Sept you will be awful sorry you sold your position. Just the new regulations allowing high rise buildings made from lumber is going to create additional demand as the building footprint is much smaller then for concrete buildings and should do well in high density areas of many cities. Plus I look around and see all the fences that need to be replaced with Cedar. Anyway we will see the results in a month from now.