West Fraser Timber (WFT)

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Insiders bet West Fraser Timber stock will close the gap

West Fraser Timber (Mostly Sunny; WFT) gapped down 2.23% on February 13th after reporting Q4 results after the close on the 12th. Although it traded as low as $67 on the day, it managed to close towards the high end its range at $72.78. However, the stock has continued to slide in the days since. The question is: will it be able to gather some steam and make a rebound?

The stock, which is a member of the INK Canadian Insider Index, has three things going its favour:

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