Q: ANY GOOD REASON WHY THE SHARES HAVE GONE UP 25% IN JUST THE LAST MONTH. THE HIGH DIVIDEND IS ATTRACTIVE AND THE STOCK IS TRADING WAY BELOW ITS MARKET VALUE. YOUR OPINION WOULD BE APPRECIATED. THANK YOU.

Q: Western forest Products (WEF) has really taken a pounding. It reports its second quarter results on July 31. west fraser already reported and the shares have been rising. I know they are different forestry companies but was the lift in share value because there is optimism in the forestry industry or was it specific to West Fraser. I was thinking of averaging down on my WEF holding just because the share price is so low. The market cap is only about 130 million and I believe that WEF still has little debt so my way of thinking is, "this can't go much lower!!" Surely all their 6 sawmills, industrial land, three manufacturing plants and all their timber rights have to be worth more than 130 million!!! Or am I looking at this all wrong?

Q: I need to clean out the dogs and take some losses for tax purposes. In which order would you sell? Are there any keepers here?