GREY:ANSBF - Post Discussion
Post by
thetis88 on May 11, 2013 12:59am
what news is out there to cause this drop
Todays trading, with high volume, and a significant drop in price, could mean that someone out there knows something that others do not- I see that Norboard has not had a similar drop this week. . I think lumber prices went up today, and the general market was flat. The only reasons I can think of for the high volume and significant drop are that there has been a delay on starting up the new mill, or the quarter results to be issued next Wednesday, have leaked and are not stellar like the market expects. Perhaps there is another reason- i dont know.
On the new mill- wondering if anyone close to the situation could shed some light on how the progress to start up is going. And, would appreciate any observations on why a sudden drop with high volume. As one poster says- when you see this happen with no news release- something bad is in the works.
Like to find out what it is
tks
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