RE: kingyahooSean J
do you have any actual useful, insightful commentary? any news, information, or even informed opinion? all you have done here aside from much rubbish and bsing is point out the obvious or what has already happened. Any moron can do that. and further, re riding htis thing up from 4 - 5, any moron can go to vegas and get lucky once or twice, but after a while, its time to take the money and run. if you dont actually know what you are buying or the financials and fundamentals of the company, I call that gambling, and you and many others got lucky. IF copper and zinc hadve stayed at Jan 09 levels, teck would be in dire straights right now. not that issuing major long term debt is considered "healthy."
take if from people who know what they are talking about, take the money off the table and run, this stock is at a peak and can not go anywhere but down,. All the fundamentals, the indicators, the valuation, techincal analysis, is now pointing the other direction on this one. this is no time to be stubborn, be thankful for your luck of the market upswing / bottom bounce, whatever you want to call it, and realize that teck has still massive debts to pay, and the stars, moon, and sun need to line up to have anything on the table after the debtorsand bondholders take their cut.
As a shareholder, you are stuck scrounging and scouring the crumbs off the floor on this deal my friend, and dont even have a seat at the table.
Big NICK.
Short 15,000. teck at avg 15.75.