Looks like it will go to $35 today and hit you average price early next week. The shorts have not even started to cover and if we get some type of stimulus news out of China this weekend, you will see a blow out to over $40. It is good to be on the right side of the trade!
I am shocked at the price action today. I can't believe it went up 2 points. At this rate, i think it will be 40 in no time, it needs to catch up with its peers. Wow i was considering buying more at 27 but i was so scared. Glad i bought some to avg out. Still at a loss but close to breaking even. Praying it will go back to the 50s.
Typically, this type of violence causes commodities go up as investors move to the safety of commodities like gold, silver, copper. What I like about TCK is that they are Canadian and if their is a move from American companies, they should benefit.