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TX liquidation

September 4th, 2008 · No Comments

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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Give Ternium (TX) A Chance
Read more on Liquidation, Steel, Ternium S.A. at Wikinvest

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