Lumber up, NAHB asking Biden to end Tarriffs , yet SP DOWN?I will definitely not be the first to say , when I woke up the this morning the SP was edging close to $100 CDN, made sense. Funny thing is while this was happening lumber prices were down slightly. Now we are slightly up on lumber prices after 9am today and the SP is down. What Gives?
1) shareholders taking profit?
2)Lumber prices to high curbing construction projects?
The NABA is saying there loosing customers because of affordability. Is inflation too high right now?
Life / Despardos what are your thoughts on all this.
This song and dance keeps playing out. Should a guy cash out after every quarterly report and rebuy. Im in this for the long haul but nothing will ever make clear sense in the lumber industry!
Kojack