This is a copy of my post on UMC thread which might be of interest to UMC traders.
Whilst Marcus Padley might not be the brightest star on the investor spruiking circuit scene, his comments on Lateline Business Monday Night, were of interest. Marcus commented on FMG being up 16% with Twiggy in China trying to raise money. Shame Marcus didn't join the dots together.
May be thats the difference between a C grade Journalist & an A Grade Journalist, yes the dots need to be joined.
All very innocent till we cast our minds back to UMC, & think high grade huge resource iron ore resource & highly vulnerable.
May be Marcus just gave us a clue without knowing it.
Regards
Buffett
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