Teck Resources Ord Shs Class A T.TECK.A

RE: RE: yep getting to the stupid zone

[Goldenring]

It seems to trade almost like a leveraged ETF to the TSE Exchange

 

In round numbers the TSE  is down around  5%   YTD

'''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''TCK.B '''''''''''''''''''''''''''''''''''''   18%   YTD

 

The TSE   is down from its 2012 high  around    10%

TCK.B      '''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''''  28%         

 

Looks like almost a 3-1  ratio

 

I would hazzard to guess if the TSE moves back up  5%     Teck will move back up  15%

 

So  i'm thinking that during the down cycles most retail investors get scared and bail  and  most large holders hang on and make good returns.

Just gotta be patient