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Canfor Corporation (CFP $13.49)
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Western Forest Products Inc. (WEF $13.19)
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West Fraser Timber Co. Ltd. (WFG $96.21)
Q: Hi group lumber companies took it on the chin in 2 short days WEF went down 15% in the last 2 days as an example . Is the run over /(Time to cash in profits) or is this simply some folks taking profits. I know housing starts in the us are off but is the high price on lumber not the culprit here and also looking like lumber inventories remain low which should = higher prices for lumber going fwd. - your thoughts are always appreciated