TSX:TECK.A - Post by User
Comment by
smoking81on Oct 15, 2015 4:09pm
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Post# 24195438
RE:Trading Range
RE:Trading RangeMost people stick to TCK.B as it has more trades. The range however is far to volatile and I think is being manipulated by short term traders who are switching from short to long and creating artificial swings. they are also using calls to cover their trades on the bonds which are selling at 50 cents on the dollar after being downgraded to junk status. Long term this is worth more but right now there are some big players who are making money on the wild swings.