Norbord Inc. T.OSB

Radioactivity

[carlocarli]

When a stock becomes radioactive it becomes almost impossible to predict at what level it might develop some support. It looks as if OSB is in just such a situation. Those who hold the stock want to get rid of it at any price and potential buyers don't want to come near it for fear of getting burned. Then there are those like me, who hold the stock and believe that it is basically a sound investment and don't want to sell it, but watch helplessly as their investment loses  a steady portion of its value every day for weeks at a time. I would have thought that a support level would be found at $42, but now, I would not be surprised if OSB were to test the $40 level this week or the next. Does anyone in this forum have an opinion?

[Opelcadet]

I think it was overhyped after the hurricane, what you seeing now is a pull back. I think it will go back to 38-39 range. I might be wrong though

[carlocarli]

Thank you Opel; it makes sense; you may well be right.

[mikebarq]

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