TSX:TECK.A - Post by User
Post by
wmon Jun 02, 2017 10:01am
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Post# 26316038
Stock price
Stock priceI think this stock is heading towards single digit by the end of this year. A little downward movement of coal, copper or zinc will hit this stock so hard than the rest of the resource stocks. Despite of all the positive news like increase cash flow, reduce debt, increase dividend and the fort hill going into production The markets are ignoring all these and always find a good reason to sell the stock. Then again, the value a company share price is base on future of the business and to them the future for coal, copper & zinc will be down the drain. Look at TELSA, profit to this company is non existence but the valuation of this company is more than Ford & GM I believe it is going up to $1000.- by the end of the next year.
Just my opinion.