Bullboard - Stock Discussion Forum Western Forest Products Inc T.WEF

Alternate Symbol(s): WFSTF

Forest Products Lumber & Wood Production

Western Forest Products Inc. is a Canada-based integrated forest products company building a margin-focused log and lumber business to compete in global softwood markets. The Company’s primary business is the sale of lumber and logs, which includes timber harvesting, sawmilling logs into specialty lumber, value-added lumber and glulam remanufacturing, and wholesaling purchased lumber. It has a... see more

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TSX:WEF - Post Discussion

Western Forest Products Inc > I'm done.

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Post by Freezerburn on Jan 25, 2021 7:36pm

I'm done.

Too much market risk overall and if this can't get to $2 at these lumber prices by now then I'll cash out and watch.

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Comment by Dadsaid2 on Jan 25, 2021 9:00pm

You might consider waiting a 2-3 weeks. Forest products companies start reporting Feb 4. A big date is Feb 11 when 3-4 companies report. Of course WEF is late on Feb 18 after the bell so basically Feb 19. At anyrate almost every company should have record earnings and every company's shares should appreciate. IMO the key to a WEF share pop is if they announce a reinstatement of some sort of ...more

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Comment by itsalie on Jan 26, 2021 10:26am

100% agree.. put in a stop loss around 1.25.. lets you ride out any daily swing but protects you from a major fall.. then simply hope it doesn't get triggered.. I'm more concerned with Bidens buy America thing then suplly and demand..

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