TSX:TECK.A - Post by User
Post by
ellgaron Jun 23, 2011 2:26pm
354 Views
Post# 18757063
short flush
short flushLooks like the shorts are getting out even with the POC and all commods down today.
Jumped back in at at the start after selling above $45 the other day, hindsight I should have bought more this morning as the SP sat at $43.50 for most of the AM
Do you think the company was buying back today?
I'm sure if that news of the buyback did not come out TCK.b would be testing $40. today IMO.
the company must see the shorts as a threat and with the economy looking to fall back this was a good play for shareholders.
Now we just have to worry over the eurozone and Greece next week, the USD climbing and commodities falling...Will China be the only one to float this play?
GLTA!