RE:RE:RE:RE:Q1 is in the books!!ferret_ca wrote: here's the problem now , well not quite yet but on the way, just like really low prices are the catalyst to set the stage for high prices as producers cut back when they can't make money, these high prices are the catalyst for lower prices down the road. contractors, at least in the vancouver are having people back out of renos and new builds etc as prices have sky rocketed, lowes , hd and others have had some large orders cancelled and it seems to be a growing trend, at some point it will turn down, probably not for a while but it will. the market always looks ahead and when it turns it will turn hard for the stocks that've had huge run ups. I still think wef has a ways to go but 2 or 3 great quarters won't make it go as high as people think imho. I haven't sold any and actually added a few on the way up it's become one of my largest holdings but am keeping a close eye on the sector overall.
cheers ferret
I don't really see that happening.. demand is high, price is high.. win win if you own wood stocks.. sucks if your building a deck.. cancellations maybe be from lack of product, not price..