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Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,621
59,522
Lumber finally with some pullback as prices cracked this week. Does the market overreact and we see that sector sell off, or do investors realize that the levels being traded right now are still 2.5x higher than what was considered "normal" for years?

I'm sure FOX, CNN, etc will talk about the "big sell off", but make no mistake - we are still at "You have got to be shitting me" numbers.

I will likely take some profits as a pullback wouldn't surprise me, but I will definitely look to buy back in if it dips too far. I don't see us dipping back to pre-Covid levels anytime soon (if ever). The tide has risen, and that can only help the profitability of the entire sector as a whole.
 
ThatOneDude

ThatOneDude

Commander in @Chief, Dick Army
First 100
Jan 14, 2015
35,390
34,114
Hauler said:
Lumber finally with some pullback as prices cracked this week. Does the market overreact and we see that sector sell off, or do investors realize that the levels being traded right now are still 2.5x higher than what was considered "normal" for years?

I'm sure FOX, CNN, etc will talk about the "big sell off", but make no mistake - we are still at "You have got to be shitting me" numbers.

I will likely take some profits as a pullback wouldn't surprise me, but I will definitely look to buy back in if it dips too far. I don't see us dipping back to pre-Covid levels anytime soon (if ever). The tide has risen, and that can only help the profitability of the entire sector as a whole.
Click to expand...
I hope it pulls all the way back to where they are paying people to take lumber
 
Hauler

Hauler

Been fallin so long it's like gravitys gone
Feb 3, 2016
47,621
59,522
Not a bad jobs report today.

Should be a good end to the week.
 
D

Deleted member 1

Guest
CCIV is your meme stonk dark horse

There probably going to be a dip due to lucid motors fudging their timeline, but it's shorted at the same rate as AMC and GME, has a new leadership on the lucid board like GME, and is purchasing one of the only new EV competitors with hype.
 
Wild

Wild

Zi Nazi
Admin
Dec 31, 2014
90,045
129,606
AMC battling $50 in early trading today. Would love to see it close green in the mid to upper 50’s, and set things up for next week.
 
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