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.
More on this topic
(What's this?)
Mining Prospects: South American Mining on a Run
(Contrarian Profits, 11/7/08)
Give Ternium (TX) A Chance
(Contrarian Profits, 2/6/09)
Steel, Coke, and Iron Ore Prices are Rising
(Wealth Daily, 6/3/10)


0 responses so far ↓
There are no comments yet...Kick things off by filling out the form below.
Leave a Comment