Teck Resources Ord Shs Class A T.TECK.A

Alternate Symbol(s): TCKRF | TECK | T.TECK.B

Metals & Mining Industrial Metals & Minerals

Teck Resources Limited is a Canadian resource company. The Company operates a portfolio of copper and zinc operations across North and South America. The Company’s operations and projects include Antamina, Cardinal River, Galore Creek Project, Carmen de Andacollo, Highland Valley Copper, Trail Operations, Quebrada Blanca, Carmen de Andacollo, HVC Mine Life Extension Project, Galore Creek Project, NorthMet Project, Mesaba Project, NuevaUnion Project, Red Dog, Sullivan Mine and Trail Operations. The Antamina mine is a copper and zinc mine, located in the Andes Mountain range, 270 kilometers north of Lima, Peru. The deposit is located at an average elevation of 4,200 meters. Its Carmen de Andacollo is located in the Coquimbo Region of central Chile at an elevation of 1,000 meters, approximately 350 kilometers north of Santiago. Its Galore Creek is located within the territory of the Tahltan in northwestern British Columbia, approximately 150 kilometers northwest of Stewart.

TSX:TECK.A - Post by User

Teck Resources Ord Shs Class A

Bullboard Posts

Comment by sasasa123on Feb 13, 2016 9:39pm

174 Views

Post# 24556870

RE:The shorts on this one...

cyclewatch wrote:
According to shortvolume.com, the daily short seller action on this is still 65% although they only report a volume of just over 4M shares on the NYSE but actual TCK volume on the US bigboard was 14M.

In any case, you have to be nuts to continue to short a stock that spikes 25% in a single day.

Nuts or inexperienced. Or both?

Short interest so high the squeeze might be spectacular here?

Yes it's dangerous to short after spike. But spike was due to short cover rally. It will drop soon. Just see one cent drop in copper.

Bullboard Posts

Morning Market Outlook for Nov. 14, 2024