Monday, April 21, 2008

Teck Cominco

Well after some success in nike i decided to buy a Canadian stock and more precisely in the precious metals sector where prices are escalating. I researched a couple stocks but Teck Comminco (tck.b) seemed quite safe compared to the likes of some smaller companies. This time I decieded to learn what Jim Cramer says an investor should use for every trade: limit orders. For this trade I was not very patient and perhaps hoped for something too good. On monday, I set the order 45 cents lower then the closing price. The price never got there and I ended up with stocks at the closing price for the end of the day. I don't understand why I got them but everything turned out alright and the stock headed up. Next I'm going for an energy play like Husky or Encana . Right now I'm leaning towards Encana. Any help would be awesome.

The teen dollar @