Post by
ferret_ca on Jun 24, 2021 10:39am
Lumber Futures
look to be settling down to somewhere between 8-900 all the way out thru july 22, that pretty much bodes well for everyone, construction will be happy to get a break from crazy highs and with the shortage fundamentals the companies will be happy with a new higher price range for what looks like the medium term at least.
it's still a cyclical commoditity but still has legs for sure, nice to see a bit of money coming back to the sector.
cheers ferret
Comment by
downwithdotcom1 on Jun 26, 2021 1:51pm
774.00 CHANGE -63.00 (-7.53%) The suits out of CHICAGO are doing their best to drive the contract down and then look for a mid summer rally . F^&K them ..Exactly how do we go from $500 's to $1600's (and then back down to this level in a month??) DWDC
Comment by
downwithdotcom1 on Jun 28, 2021 1:34pm
and today...dwdc LAST 742.30 CHANGE -31.70 (-4.10%)
Comment by
ferret_ca on Jun 30, 2021 2:48pm
"Exactly how do we go from $500 's to $1600's (and then back down to this level in a month??) DWDC" lol, the same way we went from 4-500 ro 1600.
Comment by
astutein on Jun 30, 2021 3:57pm
q2 will still be great and beat estimates of .14 cent. Dividend increase and ncib to increase shareholder value. Shortly there will be bottom and rally will commence on lumber stocks (IMO).