The Trade: Buy 1 LPX August 29 call for $0.90. Louisiana Pacific Corp ( LPX) is a 45 year old building materials wholesaler, and has traded between $23 and $31 (both rounded) over the past 52 weeks LPX has a solid balance sheet, with cash exceeding total debt by more than 2 to 1. In addition, LPX has over $3 a share in net (of debt) cash The ...
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