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Replies to post #244 on Resolute Forest Products Inc (RFP)

Replies to #244 on Resolute Forest Products Inc (RFP)

blast1977

04/29/21 8:10 AM

#245 RE: saigai #244

Going to hurt today

fishhunter

04/29/21 9:24 AM

#246 RE: saigai #244

My guess is they saw lumber skyrocketing and decided to sit on 50 mil bf and ship in Q2 rather than Q1. So they took the futures loss to make 10x that in Q2 by shipping at $1250 rather than $780.