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Bullboard - Stock Discussion Forum Conifex Timber Inc T.CFF

Alternate Symbol(s):  CFXTF

Conifex Timber Inc. is a Canada-based forest products company, which operates fiber baskets in North America, northern British Columbia. The Company produces lumber products and renewable energy from its sawmill and bioenergy plant in Mackenzie, British Columbia. Its lumber products are sold in the United States, Canadian and Japanese markets. It also produces bioenergy at its power generation... see more

TSX:CFF - Post Discussion

Conifex Timber Inc > Break of Key Resistance
View:
Post by BullBoyMoon on Apr 01, 2021 2:17pm

Break of Key Resistance

Very bullish break above 2 bucks here! See you guys at 5 bucks!!
Comment by 2young2invest on Apr 01, 2021 3:55pm
Yes, thanks everyone, I was able to dump 1/3 of my holding, brining cost to zero.
Comment by Rational43 on Apr 02, 2021 4:28pm
Depending on your diversification, strongly suggest holding on to the remainder till at least $4.   $2 to $4 will happen pretty quickly I think.
Comment by horseshoefalls on Apr 02, 2021 7:20pm
It's quite possible, hard to predict when it will move just like the move over $2, but it can be hard and fast.  I've sold about half my original position as well and am still holding now.  Was in originally around $0.30 cents.
Comment by 2young2invest on Apr 03, 2021 11:57pm
I might be wrong of coursse, but I don't think $4 or $5 a share is possible, unless reddit mob will bid it up. I was bullish under $1 and was still even buying uner $1.50. RBC's $3 target seems more plausible to me, if everything is fine. Anyway, if it goes to $4+ we all will be even richer, right? :D
Comment by Rational43 on Apr 05, 2021 10:32am
Well this may be a good learning opportunity, about the methods you use to determine what is likely or unlikely for any given stock price.   How do you determine what a stock could get to?
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