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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: scbeachbum who wrote (67097)	4/14/2021 12:02:00 PM
From: Area51	Read Replies (2) \| Respond to of 78751

Fair enough. Lumber over $1200 today and last week I was impressed with your $1100 figure. At these lumber prices it is fair to say that RFP and WFG are significantly undervalued. I guess the crux of the matter is what is the long term average price of lumber going to be? A good first half of 2021 may already be baked into the stocks and output gains start to rebuild stockpiles after homebuilding dies down later this year? I bought a little RFP and WFG recently but will need to keep an eye on the lumber prices. I think I probably maybe should be able to sell them higher this summer. :-)