Summer Sale

50% off Premium Yearly

00days
00hrs
00mins
00secs
ARK.V 0SGD.V 0.46AEM.TO -4.78MEQ.TO -1.05TRI.TO 2.93KKR 1.49CGI.TO -0.09KINS -0.06
Daily Stock Opinions and Ratings
Stockchase Opinions

Michael SprungFording Canadian Coal Trust (Inc Trust)FDG.UN.TOSELLJun 15, 2007

Used to own it, sold it last year because the pricing of coal is very uncertain. Purchasers of coal are from Asia who are erratic in their purchases. This is the type of coal used to make the pipes in the oil industry which is priced more erratically then the heating coal.
Michael SprungMichael Sprung
No
Unlock Rating
$34.01

Stock price when the opinion was issued

other mines
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
Get Signals Create your Watchlist

You might be interested:

PAST TOP PICK

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

May 15, 2009
(A Top Pick May 22/08. Up 38.12%.) Acquired by Teck Resources (TCK.B-T).
Photo of David BurrowsDavid Burrows
No
Unlock Rating
$100.69

Stock price when the opinion was issued

other mines
PAST TOP PICK

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Mar 19, 2009
(A Top Pick March 26/08. Up 93.3%.) Acquired by Teck Cominco (TCK.B-T).
Photo of Ken McCordKen McCord
No
Unlock Rating
$100.69

Stock price when the opinion was issued

other mines
PAST TOP PICK

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Jan 29, 2009
(A Top Pick March 26/08. Up 93.3%.) Acquired by Teck Cominco (TCK.B-T)
Photo of Ken McCordKen McCord
No
Unlock Rating
$100.69

Stock price when the opinion was issued

other mines
PAST TOP PICK

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Dec 04, 2008
(A Top Pick March 26/08. Up 93%.) One of the few buyouts that went through.
Photo of Ken McCordKen McCord
No
Unlock Rating
$100.69

Stock price when the opinion was issued

other mines
COMMENT

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Oct 24, 2008
Being acquired by Teck Cominco (TCK.B-T). If you are holding this in a taxable account, there are some very negative consequences. In an RRSP or RIF you can avoid the tax consequences. He sold the majority of his holdings into the market prior to the transaction.
Photo of Sandy McIntyreSandy McIntyre
Owned
Unlock Rating
$93.50

Stock price when the opinion was issued

other mines
HOLD

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Oct 15, 2008
Don’t buy it here. The stock is telling you the deal will get done.
Photo of David BurrowsDavid Burrows
No
Unlock Rating
$90.32

Stock price when the opinion was issued

other mines
HOLD

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Oct 14, 2008
Tender this to teck and look at teck as a good long-term investment.
Photo of Norman LevineNorman LevineUnlock Rating
$91.77

Stock price when the opinion was issued

other mines
BUY

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Oct 01, 2008
It has an interesting spread.
Photo of Kevin O'LearyKevin O'LearyUnlock Rating
$86.50

Stock price when the opinion was issued

other mines
PAST TOP PICK

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Sep 18, 2008
(A Top Pick Mar 26/08. Up 46%.) Being acquired by Teck Cominco (TCK.B-T).
Photo of Ken McCordKen McCord
Owned
Unlock Rating
$75.80

Stock price when the opinion was issued

other mines
COMMENT

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Sep 18, 2008
Being acquired by Teck Cominco (TCK.B-T). Arbitrage companies were forced to sell. There is a financing gap and Merrill Lynch (MER-N) is part of that, so the market is concerned. The deal could fall apart.
Photo of Bill Harris, CFABill Harris, CFA
No
Unlock Rating
$75.80

Stock price when the opinion was issued

other mines
BUY

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Sep 17, 2008
(Market Call Minute.) Below the cash value of the bid from Teck Cominco (TCK.B-T) and the deal is going through.
Photo of Gavin GrahamGavin GrahamUnlock Rating
$69.51

Stock price when the opinion was issued

other mines
COMMENT

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Aug 15, 2008
(Enquiry by US resident.) Being acquired by Teck Cominco (TCK.B-T). For a US resident, you should take the money and run.
Photo of Sandy McIntyreSandy McIntyreUnlock Rating
$91.62

Stock price when the opinion was issued

other mines
PAST TOP PICK

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Aug 12, 2008
(A Top Pick Oct 9/07. Up 135%.) Being acquired by Teck Cominco (TCK.B-T).
Photo of Hap (Robert) Sneddon FCSIHap (Robert) Sneddon FCSIUnlock Rating
$89.25

Stock price when the opinion was issued

other mines
BUY

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Aug 07, 2008
(Market Call Minute.) A cheap way to own Teck Comminco (TCK.B-T). Likes the prospects for coal.
Photo of Ben ChengBen ChengUnlock Rating
$89.86

Stock price when the opinion was issued

other mines
COMMENT

Fording Canadian Coal Trust (Inc Trust)(FDG.UN.TO)

Aug 05, 2008
If held in an RRSP, you could continue holding. If it's in a taxable account, consider selling the units before the new deal gets done. Take it as a gain as opposed to the tax treatment that will supposedly come on the consummation of the deal. (Editor’s note. Check with your broker.)
Photo of David BurrowsDavid BurrowsUnlock Rating
$89.08

Stock price when the opinion was issued

other mines

Build your watch list

Sign in to track investments
you care about

Latest Buy Signals

BTE.TO 0.11$5.71
CS.TO -0.62$14.61
SKE.TO -0.73$39.75
WHN.V 0$0.29
SII.TO -7.01$165.77
The ultimate 360° Tracker Your financial life in one place, automaticallywealthica-video

Today's Top Picks

ARK.V 0$
SGD.V 0.46$15.93
AEM.TO -4.78$231.28
MEQ.TO -1.05$168.2
TRI.TO 2.93$113.95

Popular Articles

Latest Sell Signals

DOL.TO -0.96$186.89
CTC.A.TO -0.55$186.09
CCO.TO 0.61$151.07
CAT 1.18$987
EQB.TO 1.5$126.19

Most Recent Experts

Rick Rule

Rick Rule

Rule Investment Media

Chris Blumas

Chris Blumas

at Raymond James Investment Counsel Ltd.

The Panic-Proof Portfolio (Stockchase Research)

The Panic-Proof Portfolio (Stockchase Research)

Stockchase Premium

The Weekly Buzzing Stocks by Billy Kawasaki

The Weekly Buzzing Stocks by Billy Kawasaki

Stockchase

Jim Cramer - Mad Money

Jim Cramer - Mad Money

CNBC

disclaimer

Stockchase, in its reporting on what has been discussed by individuals on business television programs (in particular Business News Network), neither recommends nor promotes any investment strategies.

We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at: [email protected].

About usHow to useContact Us
More...
AdvertisingIn the newsPrivacy PolicyTerms of service
FacebookX
© 2000 - 2026 Stockchase Inc. by Wealthica
The ultimate 360° Tracker Your financial life in one place, automaticallywealthica-video