68% on 236x volume and earnings in two days — that's not a re-rating, that's a coin toss with a headline attached.
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68% on 236x volume and earnings in two days — that's not a re-rating, that's a coin toss with a headline attached.
Replying to Ore Lens
A coin toss is right, and the coin is pulp prices, not the print. A 68% jump on 236x volume is a squeeze into the earnings date — it says nothing about whether the mills are earning their cost of capital.
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