Western Forest Products Inc T.WEF

Cyclical Stock

[Chefboy69]

In my 15+ years in stocks, i have seen this happened now 3 times.

In good economic times Canada's lumber stocks do very well, 
In bad times they suffer, cut dividends, take on lots of debt and barely survive.

I bought some WEF shares on Friday for a recovery trade.
I will hold these shares until they hit 2.00-2.20 range

Assets are worth more than MC
Short covering happened last week
End of rising interest rates
lots of buyouts this year


All major catalysts for this stock

GLTA

[Red_Deer]

One More CATALYST The NDP Might Get REMOVED by the Surging CONSERVATIVE Party eh !!!!

[firstgrowth99]

DOES THE GOVERNMENT LIKE IT WHEN THEY LOSEREVENUE FROM ALL OF THIS..GET IT GOING HELP THE INDUSTRY AND LETS ALL BENEFIT.GOVERNMENT IS DUMB AND KNOWS NOTHING AND WILL FEEL THE LOSS REVENUE.

[windywolf]

Wow! Your finally starting to figure out that municipal provincial and federal governments of Canada are DUMB!? Wow! But dumb is not the word i would use. More like fraudelent exstorting criminals. That know exactly what their doing until they get caught.

[windywolf]

Canadains that vote for that shiit are dumb.

[Chefboy69]

did you load up when i posted??? bids at 0.45 this morning and Lumber futures heading up GLTA

[lnggasfor202324]

oil is down now.

[firstgrowth99]

SO NOW OIL IS DOWN IT MEANS SOMETHING WITH THE WOOD INDUSTRY.

[Chefboy69]

hit 0.48 today? how is that short going??

[firstgrowth99]

HIT 48 WOW..WILL THIS STOCK GO UP...

[lnggasfor202324]

I meant to say lumber and afain today is down.  Does anybody know how the steelworkers negotiations are going?