Vale S.A. (VALE) released its second quarter earnings report on Friday, which exceeded the consensus estimate for EPS (earnings per share) on much higher revenues. Its share price is up more than 3% today on the news and has broken above $10, raising our total gain in this position to 15% since adding it to our portfolio four weeks ago. Given that performance, I am raising the stop price on Vale to $9.90 to lock in a minimum 10% gain for everyone who bought Vale at our buy limit price or $9.00 or better.