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

  • stockplusbonds stockplusbonds Jul 25, 2006 11:05 AM Flag

    Thanks for the memories

    I have just completed selling an enormous number of shares, Thank you buyers! Most of them were over two years old and bought below $4.00. (If you think I'm kidding, I was an occasional poster here then, go look.) So, I was early in.
    I got partly out last year in the Winter, the last time we were above 8.00, for a good profit, which I put back in last summer.
    I'm taking a breather, this has been a wild ride.
    If it continues to rise, good luck to you all. I got mine off the table. There were compelling reasons for the rise. But, there are some strong negatives to be considered. Don't be greedy Ladies and Gentlemen. I could have made much more if I had been more disiplined in 2005.
    For you, I hope it continues to rise, good luck to you all. If it doesn't, I'll be back

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • 400K another record in recent history. Should be in double digit in two months. Earning was over 0.50/share last quarter and no debt, based on today's AKS anouncement, earning should be better next quarter.

    • It's never wrong to double your money, good for you.

      For those staying, this SIM is not the same company he bought at 4.00 or traded two years ago. I feel the drastic change in the output and revenues will value this company higher than "all the old highs." Of course we are working within a background of a suspicious market and rumors of more wars.

      About 18 months ago when SIM traded to this level the volume was double what we are seeing now. That tells me there are many more investors yet to jump in. That said, anyone sitting on a fat profit....don't let me keep you from running with the loot.

      good luck

 
SIM
13.44+0.09(+0.67%)Oct 1 4:00 PMEDT

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