TSX:TECK.A - Post by User
Comment by
BigNickon Jun 29, 2010 1:23pm
535 Views
Post# 17231275
RE: RE: RE: RE: tck
RE: RE: RE: RE: tckwhat if the money managers dont think teck is a good buy, or its overvalued and they are buying other stuff?
Im bashing the emotional buyers. SOOO much dumb money out there. most people who invest dont even
know what they are buying, heck its obvious with the sub prime junk and other garbage that was peddled and
sold to these supposed "expeet" money managers, that many of them dont even know what they are buying.
is the money really on the sidelines, or maybe investors have learned their lessons?
that they cant trust POS money managers who would dump their money into junk funds,
junk companies, and a junk economy. Maybe they are now investing in quality assets like
gold, and gold mining companies. maybe they are shorting companies, that they feel have
more downside than upside. If you believe the margins on coal and copper will come down
from the sky ( ie from 200% to a more realistic 50%) then its likely that tck has more
downside than upside.
I wonder if people who buy teck know what they are buying?