Don't be surprised if SIMC earns 30c/share and more the second half of 2005. Furthermore, with the major expansion going on in China and the Mexico plant getting traction, SIMC might very well become the BOOM of 2006 and beyond. SIMC reminds me of BOOM, HURC, DXPE, and other small caps that had difficulty staying above $5, but once they did, they never looked back.
You don't have to buy SIMC, but I see that you are bent in focusing on the negative and not very willing to open your mind to consider potential positive initiatives that the company is implementing. On the other hand, I really would not expect you to embrace SIMC since your DD on the company is very superficial.
Keep an eye on my Tuesday pick. You might like better than SIMC...:)