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Weyerhaeuser Co. Message Board

  • analyst112 analyst112 Jun 18, 2013 11:30 AM Flag

    Purchase to high

    They are paying over $4000/ac for Longview --a record price for Western timber. Since it is big purchase, it will depress the ability of WY to raise dividends as more shares outstanding. The timing of the purchase is poor as housing stocks and building are peeking and China is not buying. We were chugging along nicely until the bigger is better mentality got them. Avoid for now-- back in at $24.

 
WY
31.94+0.08(+0.25%)Sep 30 4:06 PMEDT