Post by
lifeisgood1010 on Jun 24, 2024 4:13pm
Technically very bullish
I will say it again, the price action on this stock is weird to say the least.
I was on vacation and did not add to my small position but i will probably do so.
Lumber price is still depress but i wonder if this move as anything to do
with the anticipation of rate reduction coming in Canada?
My first hunch of a merger/acquisition/privitazation doesn't seem to be it.
At first i said to myself, this was a one day wonder.But now, i am not so sure.
In any event,there is value in the assets of this company and the profitability is more than
reasonable.
Let see what happen to the SP in the next few weeks.
Interesting to say the least.Now, i wish i has bought a bit more.