Post by
Nystrom on Apr 23, 2021 2:14pm
Nice consolidation here
Mid 90's building support for a few days now. Looks like it will head back up to test the highs in coming weeks, especially considering other lumber companies begin reporting Q1 results next week.
Comment by
sunshine7 on Apr 23, 2021 2:52pm
The proverbial coiled spring. Lumber fundamentals... price, supply, demand... continue to go up but lumber co shares are flat on average volume. I think the catalyst may be earnings and outlook reports.
Comment by
Fiberman on Apr 23, 2021 2:57pm
Looks like Brookfield is almost finished selling. Record Lumber, Plywood, OSB and Pulp prices. If you like cash and profits, earnings will likely not dissapoint. Buying all day with the current fundamentals in play under $100 CAD. What are the current bearish arguments for WFG? Exactly.
Comment by
WindsorGuy on Apr 23, 2021 2:54pm
I believe we should easily see $100.00 + in the coming weeks. Call options bullish. GLTA