Wednesday, May 23, 2007
Position Updates: BXC
I've owned BXC for a long time. Frankly, the stock sucks.
However, during the Katrina debacle, the stock soared, as demand for lumber went through the fucking roof.
Don't quote me on this, but I believe BXC is the biggest distributor of lumber and sheet rock in the country. If not the biggest, they are pretty darn big-- with 4.5 billion in sales. They supply HD and LOW.
Should this year's hurricane season destroy the country or lumber prices start going up, BXC will be in play.
However, during the Katrina debacle, the stock soared, as demand for lumber went through the fucking roof.
Don't quote me on this, but I believe BXC is the biggest distributor of lumber and sheet rock in the country. If not the biggest, they are pretty darn big-- with 4.5 billion in sales. They supply HD and LOW.
Should this year's hurricane season destroy the country or lumber prices start going up, BXC will be in play.
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I mentioned IPII a while back for a hurricane play, looks like its still going on a good run, what do you think about the stock?
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