Teck Resources Ord Shs Class A T.TECK.A

RE: Bottom line

[DoubleMan]

I agree Kerbacious......just too much debt was taken on when TCK bought FDG coal......they paid at least $8 billion too much for FDG.....indicating bad execution by management who do not seem to be "miner" erientated.....

I am really concerned when I see "up" days climb by a few pennies ...and the "down" days like today when the SP has fallen down over 12%....huge one day loss.....and being repeatative..

I feel TCK has become solid day trader stock.....with massive debt load and falling commodity prices ...I see a lot of risk for the long plays....combine this with tight credit and a threat of a "depression"...even bankruptcy  has to be entering some invester's minds...

This is tough time for TCK....compliments of mangement short sightnedness.....IMO