I liquidated Ternium yesterday, at $29.92, for a gain of 5%. This was a steel maker I bought more than a year ago; it first caught my eye when Monish Pabrai bought it, and then I dug deeper and liked what I saw. I once had gains of up to 70% on this position, but failed to pull the trigger then. Yesterday, in the spirit of never letting a gain turn into a loss, I decided to liquidate it.
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