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$13.05 -2.72 (-17.25%)
10/6/2008 9:56 AM

Vale (RIO)

CAPS Rating:
*****

A producer and exporter of iron ore and pellets. The Company also produces nickel, copper, manganese, ferroalloys, bauxite, precious metals, cobalt, kaolin, potash and other products.

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Avatar TMFSinchiruna (< 20) Submitted: 3/08/08 2:14 PM : Outperform Start Price: $25.89 RIO Score: -29.86

This is my second time around making money with RIO. I first bought it below $10 in 2005, sold it at $35 late last year, but held on to a few shares to see whether it would keep delivering. When the market weakness of early 2008 dragged this cash cow all the way back down to $26, I bought back in big, and I'm holding for $50 now. Did you catch those price increases they recently negotiated for their product?? I wrote about it in my blog.

http://caps.fool.com/Blogs/ViewPost.aspx?bpid=35352&t=01006124249416869148

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