Post by
JohnnyTSX on Feb 18, 2021 10:15am
Nice Little Fire Sale
Shares are on sale for most lumber majors today. The story remains intact, the balance sheets remain strong and order files are big. This is just market noise... Don't read much into it. I'm adding.
Comment by
Frost19 on Feb 18, 2021 11:26am
I don't get it either. Lumber benchmarks at all time high. Building season starting in 1-2 months across NA and homebuilders have record single family housing demand Latest disaster in Texas going to be extremely bullish for lumber..similar to hurricane's in the fall
Comment by
JohnnyTSX on Feb 18, 2021 12:44pm
Either you believe in the fundamentals sustaining or you don't. I am very confident higher highs are ahead of us, just need some short to mid term patience. GLTA
Comment by
Kojacks88 on Feb 18, 2021 1:22pm
Yes I added this morning. IFP is my new white horse, Things look to be warming up in the South by the weekend and building can resume. Not to mention BNN Andrew Bell spoke about WFG this morning. All positive news on the lumber front. Buy while pricing remains discounted.