re: Timber Companies (WY, PCL, RYN, BCC)

PCL is one of the largest land owners in America. They primarily deal with hardwoods and I would not expect there to be a large deviation of their stock price. If you can get in around the average low then stick with it.

PCL and WY are buys more so for the dividend. The stock price for them is more circular.

Hardwood prices are coming up on 18month lows are steadily dropping week after week. Chinese aren't buying oak right now. However, Common and 2Common flooring is selling very well in the southern US and that is a big thing keeping a lot of mills running.

With a long wet winter and a lot of mills not doing their due diligence there aren't a lot of mills running full capacity. However, the wood is there if you need it and cheap.