Western Forest Products Inc T.WEF

Musical chairs

[prested]

Some, like me, have held this a very long time and may be tempted to sell around now and not risk a fall back. Others, conversely, have become aware of the wood shortage and are eager to show how smart they are by buying into the trend. Result =high volume, IMO.
  If the company were to buy back shares and increase the dividends the analysts, so acurately described by ItsUp2Me as no nothing twerps, will begin lauding the company. 
  Sensible people will do their DD and buy or sell accordingly. GLTA

[BuffetsProdigy]

I sold out today.  I can see this going much higher in the short term but I got what I accept as fair value all considered.  I expect lumber price will come back to earth at some point.  The management are fine in the forest business but they've proven to be bad at capital allocation buying shares back at expensive valuations and nothing at cheap valuations.  Best of luck

[alvarez2]

Can't see a robust housing industry continuing with lumber prices where they are today. I sold out earlier in the week . Lumber at these prices just does not seem sustainable to me. GLTA

[Dadsaid2]

Congrats buff. Any profit is a good profit. Im selling too but in stages. I bought 50000 at 95 cents last Nov. Sold 10000 at 2.25 and another 10000 at 2.45 today. Next 10000 at 2.65. Any regrets....NOPE! Im watching lumber futures very carefully cause any correction will cause lumber stocks to come off pretty hard. Its just the way it works. GLTA

[itsalie]

fortunately for those that are still holding, the market easily obsorved the sellers and climbed 6%. That's a good sign.  to those that did sell, where are you putting your money? Cash? Oil is just a frothy as lumber, pretty much any resource has already tripled.   

[alvarez2]

The oil companies were beaten down so bad last spring, they still have a long way to go........particularly the small caps. Give it a few quarters and we should see vast improvement in their bottom lines but if you haven't already, now would be the time to enter IMO. Copper and the copper miners have had an explosive run since March 2020. Perhaps the easiest of the money has been made however,

[downwithdotcom1]

...lots of sound opinions and just proves the point NOBODY KNOWS.That is , until the flashboys and BANKsters says it over.Some say its a cyclical bull run..why not?? Just about every asset class is in demand - wood, oil, gas copper, nickel and i'm happy to participate but maybe at the same time realize its a little less about standard investing and more about shorter term gains. As said, ALL