Gruma S.A.B. de C.V. (NYSE:GMK)
CAPS Rating:
The Company is a corn flour and tortilla producer and distributor.
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The Company is a corn flour and tortilla producer and distributor.
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This company beat the average before the economy fell. If took a harder hit than the average and now it is time for it to bounce back to catch up to the overall market for similar products. As things improve this stock will rise more quickly until it overtakes the industry once again.
These bullish comments on GMK are not helpful to me. I am trying to accumulate a position at a reasonable price. The recent hype here from the FOOL will die down and you traders are going to get burnt. This is a very thinly traded stock. If you can't arb against the Bolsa you don't know what you are doing. Take my word and stay away and leave it to me.