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DewDiligence

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DewDiligence

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Re: DewDiligence post# 6307

Thursday, 12/27/2012 8:51:08 PM

Thursday, December 27, 2012 8:51:08 PM

Post# of 30494
PCL:

http://online.wsj.com/article/SB10001424127887323984704578203250776240338.html

Weak US home construction in past years also is a factor and has left inventories of new homes for sale near the lowest levels in at least 50 years.

It follows that the demand for lumber will be increasing, which is bullish for the prices PCL can get for the right to harvest its trees.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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