TSX:TECK.A - Post by User
Post by
DoubleManon Jul 21, 2009 1:40pm
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Post# 16154193
Todays's sell off/shorting
Todays's sell off/shortingBig spread today...over 1.70 swing.....perhaps this is due to shorting in anticiaption of tomorrow's Q2 release....if so...I would expect the shorts to cover this afternoon.....putting them in a good position for the news release...
I do not believe the today's sell off is over concern about the possibility of a low earnings report.....
I expect earning's to be well above the 29 to 35 cents as analysts have projected.....around 50 cents is my guess with great forwarding statements ....
Comments welcome