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Bullboard - Stock Discussion Forum Ainsworth Lumber Co Ltd ANSBF

GREY:ANSBF - Post Discussion

Ainsworth Lumber Co Ltd > Why are people selling, it makes no
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Post by Deckdude on Mar 23, 2011 11:00am

Why are people selling, it makes no

sense to me. They just got contracts to sell everything they will make for the next few months which means profits come quarterly reports, yet some are selling. Just stupid I guess. I will say this, if it goes back to two fifty, I will buy more as it really is a matter of time before this goes back to more realistic numbers.
Comment by HonestAbe on Mar 24, 2011 4:14am
https://canadaforests.nrcan.gc.ca/article/pricemonitor . Looks like OSB prices in one market fell by 5% on a weekly basis and has been trending down for past ten months. Maybe the initial Japan rebuilding hype/frenzy is waning? There will be sales, oh yes, but at what profitability?
Comment by moderate44 on Mar 24, 2011 9:51am
Random Lengths report will be interesting tomorrow.  It would make sense if there is a price increase as the 2 weeks since the disaster has given some time for orders to come in.  We need ANS to put out a release regarding their increased production for Japan. 
Comment by Deckdude on Mar 24, 2011 10:13am
Yes a news release from Ainsworth stating the orders and dollars they are getting for those orders would be very good for the share price. Contact the investor relations and let them know your opinions. I will also.
Comment by facanadian on Mar 24, 2011 12:16pm
DONE!!
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