Resolute Forest Products Inc. T.RFP

Why is this down 7% today?

[TheRothschild]

Can someone explain?

Lumber futures up again, new highs. Hoping for some insight.

[CGC12345678]

When a company has a small volume of transactions per day the variation can be very large because sellers or buyers easily move the price. There will always be speculative lolllll investors. RFP wood has REAL demand all over Canada and United States, Check yourself at Rona, Home Depot with the wood sellers, the sellers panic they say that there is a shortage of wood and the price has doubled and

[CGC12345678]

Yesterday possibly from a very small investor who needed their cash to buy their groceries. It makes no sense to sell when we know the demand for wood is very high.   Even RBC gives the buy recommendation plus there are RFP company insiders buying stocks so they trust RFP.

[TheRothschild]

Thanks guys. Today was better, but still not alot of trading. Hoping to see a bounce in the near future. Holding at least until December. GLTA

[CGC12345678]

    https://pfresolu.mediaroom.com/rapports-sec   It is very important to follow the reports of the company. Taking a good look at the latest reports executives are buying more and more shares of RFP this is a sign of the company's great confidence.   All sectors are on the rise look at WFT, CFP ..... etc RFP should make a comeback as in 2018 have a look at

[jcjohn36]

Just remember that the smart money has already factored in what revenue for Q3 will look like. small chance that lumber will stay over $900 for the balance of the year. I also don't see any insider buying during the last 6 months either? IMO The smart trade here is to sell into strength. Im long WFT. cheers, JC

[dosperros]

A few things worth picking apart and commenting on. 1. We know markets discount forward.  No mystery here, but there is nuance per point 2 and 3 as: 2. "Smart" as you cite is debatable.  Who/what is the smart money?  Are you all-in as a proponent of efficient market theory?  I'm sure not.  EMT to me is the antithesis of smart, at least in this sector.

[jcjohn36]

In regards to insider buying a previous post by CGC ... mentioned insider buying, there in fact was none in the last 6 months. The "smart money" I refer to is the analysts that are quoted here. These firms I would think are buying and and selling a lot more shares than retail investors. Im also a shareholder and should take my own advice as well in regards to cyclicals. I think we'