Viewing Company Teck Resources Ltd. (B) | StockChase
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Compiling comments that experts make about stocks while on public TV.

Teck Resources Ltd. (B) Stock Symbol: TECK.B-T

Notes:

zinc

Last Price Recorded: $34.4800 on 2016-12-05

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Date Signal Expert Opinion Price
2016-12-05 HOLD Don Vialoux

Coal, zinc and Copper are the main commodities.  It is still in an upward trend, trading above the 20 day moving average, momentum indicators are above average and it is outperforming the market.  It does well until the end of April, seasonally.


Price:
$34.480
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
BULLISH
Owned:
Unknown
2016-12-02 COMMENT David Cockfield

This has taken off like a rocket, mainly because of the huge run up in coal prices which he thinks is unsustainable. It all has to do with the Chinese doing this thing and the other thing. You can’t really base your investment strategy on what the Chinese are going to do next week or next month. Feels this is significantly overpriced, and represents a real risk to its holders.


Price:
$33.660
Subject:
CANADIAN & ETF's
Bias:
UNKNOWN
Owned:
Unknown
2016-11-28 DON'T BUY Larry Berman CFA, CMT, CTA

This is a very popular stock in Canada. For several years, he has said avoid, avoid, avoid. China is slowing copper. Now the stock has gone absolutely insane. It’s a momentum play right now, and it terrifies him to no end to try and buy this. He would avoid. If you are going to be in it, you must use really tight stops. This is a momentum play behind the “infrastructure spend”, and he is just not sure it is going to materialize.


Price:
$34.660
Subject:
STOCKS & ETFs
Bias:
CAUTIOUS
Owned:
No
2016-11-28 HOLD John Stephenson

A year or 2 ago, he recommended shorting this with China slowing down and their huge debt load. Then he recommended going Long on it. Right now, he would not be short this, you want to be Long, because it is getting its balance sheet in shape and has improved its financial division dramatically. As well, copper and coal have had nice runs. Feels there is still significant upside to go.


Price:
$34.660
Subject:
NORTH AMERICAN - LARGE & RESOURCE
Bias:
BULLISH
Owned:
Unknown
2016-11-25 BUY on WEAKNESS Jon Vialoux

Materials tend to do well from about November all the way through to April, and we are in a period of strength. This has a varied history, especially given the volatility of the past 2 years, but December itself can be very positive for them. There have been gains 75% of the time. It has had a phenomenal run over the past year, and is stretched, along with everything else. You want to buy this on a retracement level back to support. The 20-day moving average is at $30.90, and has acted effectively as support throughout this run. Then the 50-day comes in at $27.36, which would be the lower limit of that range. You are risking a lot of money at this point.


Price:
$34.840
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
BULLISH
Owned:
Unknown
2016-11-22 COMMENT David Burrows

Coking coal it appears is being held back in the Chinese markets. As a result, prices are going higher. It is certainly helped by the fact that there is a friendlier regulatory environment in the US, and that the steel industry appears to be heading higher. If we are going to get fiscal stimulus in the US on an infrastructure spend, there is going to be demand.


Price:
$34.330
Subject:
NORTH AMERICAN - LARGE
Bias:
BULLISH
Owned:
Yes
2016-11-17 HOLD Zachary Curry

It has had a really big run-up.  Metals have started showing their head above water.  TCK.B-T is one of those companies where the prices were really under pressure and they had a really big debt load.  It comes down now to how things play out with their commodities. 


Price:
$31.450
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Unknown
2016-11-16 DON'T BUY John Zechner

The move in met coal, which seemed like the most unloved commodity, just seem to be right out of whack with reality. There has been such a squeeze in the met coal market, and it is going to pull back. Met coal will be back to $125-$150 a ton, at best. It may take a year to do it. Luckily for this company, they can use this windfall by taking all of that cash and solving their biggest problem of outstanding debt.


Price:
$31.440
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2016-11-14 BUY on WEAKNESS Keith Richards

Up and to the right.  It was a bad story and now it is a good story.  He loves this chart.  But short term it is overbought and it would make it an entry point if it pulled back.


Price:
$31.010
Subject:
TECHNICAL ANALYSIS
Bias:
BULLISH
Owned:
Unknown
2016-11-10 STRONG BUY Gerard Ferguson

It is Canada’s goto mining company.  They have coal AND copper exposure.  They are going to have a phenomenal year next year.  On the copper side they have done all the right things.  You can bring on coal production quite quickly.  The stock is under owned in Canada.  It is a leveraged play and they have an opportunity to deleverage using their cash flow.


Price:
$29.930
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
Unknown
2016-11-08 COMMENT Norman Levine

He has not been very good with this stock. There is a good reason why the stock is up now, but it is far ahead of what the fundamentals of the underlying commodities say.


Price:
$29.730
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-11-07 COMMENT Don Vialoux

Currently in a period of seasonal strength, which runs through until about the 1st week in January. Technically, it looks great on a chart. It has had a huge run on the upside, and is outperforming the market quite significantly. Base metal prices are moving significantly higher, and it’s going to have a direct impact on earnings.


Price:
$28.980
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
UNKNOWN
Owned:
Unknown
2016-11-04 COMMENT Michael Sprung

We have seen a huge increase in the price of coal, and this company is very much levered to coal and zinc. It has run very hard very fast, because it was a highly levered company. Relative to its peers, it has run very fast, and he wouldn’t be surprised to see a bit of correction, particularly if some of these coal contracts pull back in price a little.


Price:
$28.160
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
Unknown
2016-10-31 WAIT John Kim

He wished he owned it.  It went up because of coal prices having firmed up and going higher than analysts predicted.  He thinks prices will moderate next year and then comeback down somewhat.  When Fort Hills comes on line they will have another leg of cash flow.  It should do okay to hold for 4 to 5 years.


Price:
$28.980
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
No
2016-10-27 WAIT Brooke Thackray

It has had a huge run.  China cut back.  It is still a good sign.  From a seasonal perspective it is from Mid-November.  He usually waits longer until the market sorts itself out.  The analysts are getting cold on it.


Price:
$28.980
Subject:
TECHNICAL ANALYSIS & SEASONAL INVESTING
Bias:
SELECTIVE
Owned:
Unknown
Showing 1 to 15 of 1,357 entries
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