Have you quit your janitorial technician job yet from your gainz?
Society Corona - Stock Market thinktank
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M
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I thought you were my rainman
M
member 1013
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I’ll never give up on my passions
That's awesome. Good for him.
Just hit a 52 week high.Resolute forest
RFP
+15%. Shout out to @@Hauler
Up 7.5% today to $11.58
FYI - Lumber is still at record levels and climbs higher each week. Mills are completely in control. For the month of May, futures will likely hit $1000/m - which has never happened and will only strengthen the cash markets.
To equate it to a single 2x4 8' SPF board...
This time last year: $1.86
Today: $5.48
You can fit 72 units of 2x4 8' on a railcar - so 21,168 pieces. That cost difference equates to $76,628 more per railcar that the mills are pocketing. What was a $39,373 order is now a tick over $116,000.
Lumber mills are printing money faster than DC is for the stimmies.
Yes- These increases are being passed down the line to the end user (homebuyer).
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Tell me what do
Damn. It’s crazy how much lumber price has gone up. I needed a sheet of OSB recently and it was almost $45 at Home Depot. Used to be like $20ish.
it’s driving up the cost of new construction here for sure.
No clue. I never like buying in at 52 week highs, and it's already well over my price target when I first got in.
But the lumber market doesn't show any signs of slowing down yet. A continued run up to the $15 level wouldn't be shocking, but it is risky to buy into a stock that's been this hot. Eventually a correction for both this stock and the lumber market in general will come.
Dude. OSB is even worse.
There isn't a single component in the building industry that hasn't had significant increases.
EWP, steel, windows, doors. All are up a minimum of 30% fron a year ago. Many of those won't come back down - that's just their new level (for stocks, that would effect JELD, DOOR, BXC, BCC, etc) - but like RFP, I suspect many of those already had a healthy run up in stock price.
Shingles are very hard to source right now. Same with drywall. Suppliers are on allocation - where they might only be getting 50% of what they actually need. The box stores get 1st pick due to volume so you will still see it on the shelves - it's everyone else that's left scrambling for the scraps.
Dude, tell me about it. I'm pricing sliding patio doors right now (I shattered mine with a pebble from the mower for fucks sake), and holy shit they are pricey right now. We had looked into changing this door a couple of years ago, and doors are now at least $500 more than what we saw back then. My hand is forced now with it being broken, but god damn. I got a quote on a door yesterday that has the blinds between the glass, and it was $3700. I mean, it's nice hah, but I'm not looking to spend that much on a fucking door. Probably going to have to spend at least $2k on a door though, so I'll probably fall somewhere in the middle of those 2 numbers.
There is a Pella showroom here in town I'm going to go look at and see what they have. Read some shitty reviews on Anderson doors, so let me know if you have any suggestions on brand.
Pella and Anderson are both decent products. Be sure to ask about lead time - that might be an issue too.
Is it exposed to a lot of weather (driving rain)
Yes, it is exposed to weather. It's a patio door, and there is no roof or awning over the patio. I'd like to add a roof, but for now it is exposed to the elements. I kind of want a door that is finished wood facing inside for the aesthetic, but something more weatherproof for the outside.
When Kamala gets off her ass and legalizes it instead of being a dumb fud cunt.When are our weed stocks gonna pop
Dude.When are our weed stocks gonna pop
Those things are pissing me off.
I'll suck her giant dick if she legalizes weed.
Yea you will
I banking on these pot heads spending all their biden bucks on the devils lettuce once it get legalized.
Fuuuuuuuuuuck. I owned this stock in November but sold after a couple weeks.
