Companhia Sanea (SBS)

[listner]

Flatlander: Your analysis makes sense. Regardless of the justification, in my opinion that SBS had a run up too fast from 3.50 considering macro economics and the market high we are at. I am concerned about the short term movements of the stock and therefore I have reduced my holding considerably. I will add more when and if it is around 5.50 or 6 again. With such consideration I reduced my holding before ex divi date and did not wait for divi to be paid. I may be early in reducing the holding but as they say a lost opportunity is better than lost money. I will keep you posted.
Best,
Listner