TSX:TECK.A - Post by User
Post by
ellgaron Jul 28, 2011 5:45pm
299 Views
Post# 18885131
The big gamble...
The big gamble...With the recent sell off in the markets TCK didn't have a chance to rise into earnings with the POC at $4.47 I would have thought to see above $48 to the close ... well after averaging down I was going to sell some at $48 for break even but now holding larger position into the news.
With the dept ceiling vote tonight and deadline next week if there is no deal will TCK hold or rise with a good forward looking report?
If a weaker than expected report from TCK and no agreement in the USA will we be throwing more $$ to average down again.
What a crap shoot...I hope the company still has lots of $$ left for the buyback if things go south...that could save us from a world of pain .. LOL!
Lets hope for an dept agreement and great TCK report before the weekend and it off to the races!
GLTA!