I've been wrong so many times in this cycle, that I'd believe just about anything right now.
I never thought teck would go below $10, then thought no way it's going any lower than $7, and considered last week borrowing on my line of credit to pick up some more. And now it's under $6.
I'm in the same boat as you and others. Had a lot more confidence, and a lot more equity on paper than I do now, but am hopeful that in the next year or so, we'll recoup some of our losses. I consider myself a very patient person, but have been tested by the market and am shocked that it's as bad as it is right now. I shake my head that it could be any worse, but wouldn't surprise me either.
If teck goes into the $3 range again though, I'll be picking up as many shares as I can.