TSX:TECK.A - Post by User
Comment by
trader009on Jul 28, 2016 10:23am
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Post# 25091514
RE:Price of coal
RE:Price of coalThe key words in all comments from analysts and bulls are as follows......as usual...
Expected.......higher.........future.......
What if everyone is wrong........TCK has seen 250% increase in 2016........Assuming that the lows last year of $4 are extremely oversold then maybe a reasonable move higher of 100% is also quite generous.....
I don't know, nobody knows but IMO there is a great deal of risk going forward.....either way....