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Grupo Simec S.A.B. de C.V. Message Board

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  • cvdpro cvdpro Apr 24, 2006 11:09 AM Flag

    We are up we are down

    Look at fundamental. Most of the steel stocks report very good results, IIIN was down simply it is way ahead itself(the stock was up 600% at one time from its low in a year). Even WPSC, broken balance sheet, no earning had a huge valuation. SIM is only 40% of the valuation compare with its peak. The stock need to rise to 20 to catch up the valuation with other steel stocks.

    Relative low volumn make this stock a little volatile, but need to get rid of tempetation to trade, after all, the fundemental will prevail. The stock should trade at double digit by earning.

7.26-0.33(-4.35%)Jun 24 4:00 PMEDT