posted on
Nov 05, 2013 08:26PM
This is getting very painful.
We tried playing poker with Teck and lost miserable.
The resounding sense I walked away from the AGM was the management team is in the dark with Teck's master plan knowing when a offer may come is a total crap shoot. They hold all the cards and it will be there decision.
Obviously a lot of longs have sold and moved on which is getting more apparent to be the wise move.
I'm in so deep I have no choice but to hold and feel for all of us that are in that position.
Teck even has the management team tied up with not being allowed to reinvest there dividends for fear a buy out comes and that could muddy the waters.
We paying dearly for our FS.
Talk about walking into a bear trap.
LS