Bancolombia

[Avispa]

For those who are interested in financial matters.

I made an investment in this stock today. I've been tracking it since it was 6-7, and unfortunately let it get away from me during the holidays. It's now 14.

Several trends are pushing this stock up. The COP is appreciating versus the dollar. Coffee is at a multi-year high. Colombian exports are way up, the highways going into the major ports are much safer.

The key is that Uribe has to be reelected. The man is doing a phenomenal job.

Just a tip. Do your own research.

[DavidMN]

... in response to Bancolombia, posted by Avispa on Jan 3, 2005

I hope you bought on the close rather than on the open today. ;-)

[Avispa]

... in response to Re: Bancolombia, posted by DavidMN on Jan 4, 2005

At the open.

No worries mate. The long term trends will take this up.

[DavidMN]

... in response to Re: Re: Bancolombia, posted by Avispa on Jan 5, 2005

You may be right. I bought it in Dec 2002 so no complaints, but wonder if it's getting ahead of itself. I tried selling a portion at $14 plus yesterday but my order did not get filled.

[Thunderstruck]

... in response to Bancolombia, posted by Avispa on Jan 3, 2005

If the Economy improves, you make money.
If it gets worse, more chicas join marriage agencies...