Doman Building Materials Group Ltd T.DBM

Just why is DBM on a tear?

[Donwaan]

Housing starts are down, lumber is in the tank at $345.10 and there is a 2,695,498 and growing short position. DBM trading often seems to defy logic.

[Red_Deer]

Hey DonWaan__You ARE a Tad MISLEADING__The Short Position IS NOT GROWING__Has been pretty much the SAME since Last Summer__PEAKED November 15th @ 2,713,489

[Donwaan]

You are right Red the shorts peaked in Nov., I was referring to the rise since Dec.15th. The 2,695,498 short position is still 1,007,173 more than the 1,688,173 shorts on Dec. 31 a year ago though. Maybe Amar will be buying those Canucks if all goes well!

[russter]

Why? Because they do so much more than just supply home builders. Do your research before buying a stock! GL Russ

[Stocker46]

Donwaan - Doesn't make much sense to me neither. Lumber futures keep falling & every Economist I've heard is convinced there will be a recession in 2023 (for how long is the big question). Of course, I'm biased because I sold my shares recently & am hoping to eventually get back in.  I don't pay a lot of attention to analyst targets. Most are way too high. As for