InvestorsHub Logo

nelson1234

04/19/21 11:12 AM

#86334 RE: cliffvb #86333

RFP I sold about 10% of mine so far today. I also own smaller positions in WFSTF (Western Forest Products) and CFPUF (Canfor Pulp). Aside from the huge move in lumber, the price of pulp which has been dead for so long; has actually made a little move up since its lows of October... up about 25%. That may not seem much, but it is at 18 month highs, and Pulp has a historicaly tight trading range... it all time high is only 25% up from current prices, so if we get another increase next month in pulp.. that would be a big deal for RFP. The trifecta for RFP would be if they could turn their tissue paper biz around which they thought was going to be a lot easier then it has actually been since RFP bought the Tissue Paper Assets a couple of years back.