TCK.B reminder

tck apr 2012tck.B jul 2012

These are old charts , from April and June. Teck just reported 2d quarter profits that were down by 52% due to price falls in coal and copper. We will see what will happen to the stock but certainly our price target is becoming more realistic. The pendulum does not stop in the middle. The average price of the stock over the past 10 years or so is, eyeballing the Bigchart, about $30, where the stock is now. If the drop in profits is sustained over time $15 would actually fit like a T.