Market's Verdict? Softwood Deal Still Sucks!

Here are the Tuesday's closing for four of the larger companies said to be especially affected by the Harper softwood lumber deal.

Western Forest Products ended the day at $2.20, down five cents or 2.22% on 7,800 shares.

Abitibi-Consolidated Inc. ended the day at $4.55, down 23 cents or 4.81% on 6, 654,768 shares.

Tembec Inc. ended the day at $1.70, down four cents or 2.3% on 593,986 shares.

Canfor Corporation ended the day at $14.12, down 22 cents or 1.53% on 852,249 shares.

So it looks like we are in the midst of the widely predicted short term downward move as investors get a closer look at the Harper deal and decide they don't like what they see.