Western Forest Products Inc T.WEF

Sold most of my shares

[prested]

Like many, I suspect, I decided to settle for a profit, albeit a smaller one than I could have made, rather than sit and watch the NDP destroy my investment. How political correctness and woke politics can benefit the indigenous people beats me. They want revenue, and they are not going to get that if WEF and others move away from places that are 'sensitive'. Politics is the destroyer of businesses and I for one want to stay a mile away. That said, I held a few thousand shares in the hope that sanity will be restored. Alas, I suspect that will be a triumph of hope over experience.

[gobig69]

YOU ARE WRONG PRESTED JUST LIKE THE NDP AND JUST LIKE THE ANALYSTS...END OF STORY..THE FACTS ARE THEY ARE SHIPPING MILLIONS OF DOLLARS OF LUMBER STILL AND STILL CUTTING LOGS FOR OVER SEAS...IT WONT JUST COME TO A HAULT.

[bbwibone]

It is with great regret I had to sell my shares, well below potential value. It is too much uncertainty and with the NDP fully engaged in meddling, who knows where this ends up. I am watching closely though, because I wonder if this will get oversold. When the new allowed cuts are set, and WEF has some certainty on how many mills will close, and we have an idea of what the new run-rate of revenue

[gobig69]

So who is smarter BBWBONE OR THE ANALYSTS...why is the price target 2.75 ...yet bbw figures we should sell or he did sell cause he figures ie will or may go below 1,00 again....does not make sense..

[bbwibone]

Don't get me wrong, I like the company and the value. Even with a 30% cut in revenue, WEF is decent value at $1.92. But I have just been investing too long to know that institutions sell first and ask questions later and an overreaction is a high risk with all of the risk to the downside. The stock is actually holding up reasonably well but I made too much money on my 150,000 shares to hold

[gobig69]

OJ BBW GOOD FOR YOU..STILL THINK TOO MANY MIX REVIEWS OR PREDICTIONS...WHAT IS DONS GOAL BY BUYING BACK..DO THEY WANT TO OWN THE COMPANY OR DO THEY REALLY HAVE A MASTER PLAN...OTHER FORESTRY STOCKS WERE A BETTER CHOICE BUT FOR SOME REASON I STILL THINK THIS WILL POP HIGH ONE DAY..THAT DAY WHO KNOWS.