RE:RE:RE:RE:RE:RE:Raymond James
I'm gonna be a realist for a second and agree with dad I think 145$ is a little bold for 12 months.
Having said that anything is possible, The recent climb could be attributed to BAM not selling but it truly has to do with the price of lumber in my estimate.
All lumber stocks are moving higher and that's without the Q1 report as of yet. Since last week prices continue to move up 2+% daily.
That Q1 earnings report will truly put the stamp on it and I think we could see 125-130 SP price.
if lumber prices hit the 1500 mark that's a game changer and the SP could blow past 145$.
GLTA