Western Forest Products Inc T.WEF

WEF $2.14 On low volume

[TheCoach42]

Went down on very low volume. Not to worry. Most of us are holding tough. If I had more money I would load up again. Big gains ahead.

[astutein]

The coach42-  The reason will WEF went downtoday in my opinion was it was bad day on Market..   Dow was down all day 236 pont down and  TSE 163 with lumber futures down limit 48. None of this is reflection on status of WEF.   Lumber price closed at 1278. All is good and I like you are adding to my holding.  

[ACarrothers]

Can throw this theory out the window for today's price changes

[astutein]

I t is so easy to critcise using actual results and after fact situation. What is your theory and comment  why WEF is down today? Nice to here your response and prospects of WEF in near future. I wait for your reply.

[bbwibone]

Selloffs are normal. Some people, like me, have been in since 65 cents. Thats up 340% in less than a year. Fundamentals unchanged - industry boom in full effect.

[JYBJYB]

Wow. Great buy and hold!

[JYBJYB]

That was for the 65 cent purchase. Previous message that I'm replying to never copied.

[bbwibone]

Almost a year ago now, as posted here. But I added 30000 more at 85 cents as late as November. Holding 150000 total. I need to see the stock fully valued before I consider reducing; I'm looking for a full return of the dividend or an increase beyond, the buyback program fully being used, and all debt repaid and maybe some acquisitions. This should drive the price well above $2.50 given current

[ACarrothers]

Relax. I wasn't critizing you, just pointing out that WEF being down because the overall market is down doesn't hold true today. No idea why it's down today and trying to figure that out myself.  Think it's an odd sell-off and that the short/long term prospects for WEF are still great from here. 

[ferret_ca]

"No idea why it's down today and trying to figure that out myself. " lumber futures are down from 4 months out and further and there was a recent article about how the price of logs is actually quite low, wef exports a fair amount of logs. the market corrected a bit  and people are booking some profits and moving to higher quality names, I see it more of a breather and

[SNgu8000]

It is PULL BACK but on high volume this morning . Hope will be only down couple pennies the end of the day with high volume then the trend should be still in tact . AND IT SHOULD BE !

[SNgu8000]

I think people pick up 1.2 mil shares this morning are for : div , long term , fundalmental , commodities trend , and most things  still work for WEF and still have room to move up .