re: umc thread. the market has not found the full potential to this stock yet. the oppies come at a premium but no one is selling them down (much - well low vol anyway) when the FP's went from 30's to 24. With long expiry on the oppies, imo this will give the far better leverage. I for one had just recently cashed in on the FP's and bought twice as many oppies (up to 14c). First got my good parcel of oppies at 9.9c.
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