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7 pts

Opinion on  SmurfitStone Container Corp. (SSCC)     Sector: Basic Materials  >  Industry: Paper & Paper Products
Timber is back

Sep 10, 2008 10:04 AM GMT
Return Risk
-21.86% LOW
Analyst

Analyst Recommendation  

I currently am a timber buyer for a company in the southeast. Things here are starting to pick back up. I have noticed that companies that purchased timber before the market started down hill are now harvesting them. What this means is that there is enough profit now from the finished product vs. what they paid for it one year ago. Other timber companies like meadwestvaco and international paper will follow in the coming weeks they will be a little slower.


SSCC:  This call was made on 09/10/08 @ $6.72
Rating:   Positive   $6.72 (09/10/08)
Gain/Loss:   -89.88% in 423 days
Target:   $11.00 (+63.69%) in > one year


Comments (1)

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Angelina Rose   N/A     1 point   commented 423 days ago reply

You will get loss from that shares.


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Who voted on this idea?
Angelina Rose N/A 09/10/2008



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