cramer was looking for short shares, only to lose his cheap shares. lpx was staying down until the close of ainsworth sale. now that the financing is in place, the closing is only a short time away. LPX will hit new highs in the next 60 days. hold your shares. osb board is not dead. big oversea's interest in this product.
u should stick to flipping burgers, those commodities are flying high !! have you seen the price of cars and airplanes go down 25% in the past 60 days ??? I hope u were a buyer at those low low low prices.
it all depends which part of the earning report, fraudstreet likes to post !! the gaap or non-gaap numbers. LPX has met or beat earning for the last 3 Q's. last Q, fraudstreet posted the gap numbers, then they say LPX missed the numbers.
hey have U seen anybody lowing the price of wood in the past 30 days ??? lower wood cost = higher higher profits.
a 25% cut in lumber price is produce 3 fold increase in sales. hurricanes, floods, twisters and a building boom will level the playing field. bcc was have problems right from the start. remember to buy American !!