TSX:TECK.A - Post by User
Comment by
cartach13on Oct 21, 2009 4:21am
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Post# 16406789
RE: Coal demand soars as Asia economies rebound-Pe
RE: Coal demand soars as Asia economies rebound-Pe I have bought and sold TECK for a number of years now and have always made a profit. Last fall I got a real shock when it fell to $3.35 but held in there and the rest is history. Normally at this point I would be ready to sell expecting the usual downturn as has happened in the past. However this time around I think it's going to go much higher and intend to hang in there. Other than a second recession happening soon which I can't see at this point,this stock should continue to climb, and based on performance thus far this year it should go much higher and at an orderly pace. Who knows,maybe TECK has become a long term hold for me.