Teck Resources Ord Shs Class A T.TECK.A

RE: RE: RE: RE: RE: how many of you held on from $

[cartach13]

 Anybody who is familiar with Teck's SP track record  and the commodities sector needn't be surprised at significant pullbacks followed by a quick recovery and didn't get bent all out of shape because of the recent drop. All you have to do is look at the 5 year chart. For those who "fell in love with" Teck 5 years ago and stayed the course [while collecting dividends], nothing has gone wrong in the final analysis even with the severe pullback of last year. During that 5 years there was ample opportunity to make a few bucks by selling at a high and buying back at an eventual subsequent low although with the usual risk. The only time that I was worried about a real meltdown similar to Nortel's was when it hit a low of $3.35 last year and a stop loss might have come in handy but even then it recovered. Now that it's back above $40 and with all indications that the world economy and commodity prices are on a bullish trend why wouldn't  "long and strong" shareholders feel like nothing can ever go wrong. That's not falling in love with a company ,that's just being optimistic about the future and if conditions change and they are astute investors, they will adjust their thinking accordingly Just because there might be a pullback doesn't mean the sky is falling and shouldn't be a cause for panic, especially with Teck.