Teck Resources Ord Shs Class A T.TECK.A

Price slump

[harv]

Oil is up. Markets are healthy. "We" are down. Any news beyond a nice charitable gift to hospital ? Almost reached the elusive $30 last week ......

[prospector2014]

Is today (3rd friday in month) "The Witching Friday?" Seems some stocks go weird on this Friday because of options' trading. I can't see why TECK is down today for any reason.

[Miner81]

Maybe it has something to do with the Uyghurs and the Canadian Parliament declaring it Genocide in China.  But who knows Teck is always treated with no respect.

[harv]

High volume and an odd looking chart today. I scratched my head over the unusual mid day pop it did a couple of days ago. ...... welllllll..... ya just never know with this one. I wish $40 would hurry up so I can retire (LOL!!) 

[Deuteronomy818]

Sold this one back at 29 ish, back in today.. we'll probably pulse here for a while in a range while Covid and Biden toss us around.  When this is over we'll be higher! 

[TCE3715]

Anyone think price dropped due to the " never before seen measures meted out by China's Tangshan provincial government could cut hundreds of thousands of tonnes per day in steel output and hit raw material demand in 2021". see article at : metalbulletin.com just trying to figure out why it dropped so much today .

[TCE3715]

And of course, as mentioned, March 19/2021 was indeed quadruple witching day  for the market .

[Dogsbreakfast4U]

No news I could find except for the 10 million $ hospital donation. Today saw the simultaneous expiration of stock options, stock index futures, and stock index option contracts. This happens only four times a year and Teck was obviously particulary affected by this. I am still in the money in this one and expect a nice bounce from the close in the relatively near future unless we see copper and

[Dogsbreakfast4U]

I suspect some people knew this was coming and sold during the last week. Judging on the price action today it seems to be a case a sell before the news and buy on the news. March 26 (Reuters) - Canadian miner Teck Resources on Friday pleaded guilty to two charges of violation under the country's Fisheries Act and said will pay a penalty of C$60 million. Teck Coal, a subsidiary of Teck