Eacom Timber Corporation ETRFF

Stock Price

[stockking99]

With housing rebonding close to 2009 level.

https://www.latimes.com/business/money/la-fi-mo-builder-confidence-20130318,0,987736.story

I see no reason why ETR stock price should not be in the range it was back in 2009-2010 which was around the .65 cent mark. Eacom products are a commodity so regardless what happens it should at least bring in what the market is paying for lumber prices.

The 2013 chart is starting to reflect what the stock did in 2009. Next level should be much higher than we are today. We should be testing new highs in the following weeks.

[stockking99]

One more thing, if we look at the historical charts for ETR we see the stock price has always jumped substantially higher at the mid year point to test new highs for the second half of the year. The trend has been consistent since 2009. The only year that it wasn't the case was in  early 2012 when they needed financing. Now that their financing is in order I do not see why