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Bullboard - Stock Discussion Forum West Fraser Timber Co Ltd T.WFG

Alternate Symbol(s):  WFG

West Fraser Timber Co. Ltd. is a diversified wood products company. The Company is engaged in manufacturing, selling, marketing and distributing lumber, engineered wood products, including oriented strand board (OSB), laminated veneer lumber (LVL), medium-density fiberboard (MDF), plywood, particleboard, pulp, newsprint, wood chips and other residuals and renewable energy. Its products are used... see more

TSX:WFG - Post Discussion

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Post by Dadsaid2 on May 11, 2021 8:27am

Thanks

Thanks to everyone who was sick of my dividend drivel and told me or convinced me its not happening and to move on. Sold 60% of my position yesterday at $110 +. Hope lumber futures and the general market hangs in there for ya! GLTA.
Comment by sunshine7 on May 11, 2021 8:53am
Here's an idea. Buy back your shares today at a discount and pocket the 5% dif. Thats what i did. Like a div up front.
Comment by Dadsaid2 on May 11, 2021 9:36am
May look at WFG again when it retreats into the 80's. Not saying this will happen but if lbr futures really craps out it will be there. 20%+.. GLTA
Comment by Kojacks88 on May 11, 2021 10:06am
So you sold at the 52week high 110+ , have a hard time believing you captured the high before it dropped but definitely did well to take some profits, congrats , as did I but a small portion. long run this is not gonna need a divy just on Capital appreciation! hope you still chime in Dad
Comment by Dadsaid2 on May 11, 2021 10:29am
LOL...Believe believe. I had 3 small limit orders in 3 accounts to sell at $110.29. Plus alerts set to tell me when it hit $110. 05. When the alert when off, I then decided sell more volume based on market factors Monday morning. Yes a bit lucky but it takes work, research and using tools at your disposal. Cheers & GLTA
Comment by Kojacks88 on May 11, 2021 3:45pm
Nice well played 
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