Well no surprises that they have reduced their holding instead of increasing it this time around. Other than reduced profits for UBS all the risk is with their clients as it's their money they are using for taking these punts.
What a lark to use other people's money for a bet and partake in the spoils if you are right but none of the losess if you get it wrong like they have now. Funny how a parasitic company like UBS that only knows how to make money from trading in the shadows of the swings of a company's share price. They don't have the smarts to create and manage a product like A2M yet they think they can predict their future success, give me a break.
My money is with those that have the brains and guts to really create wealth for their shareholders and themselves and create jobs in the countries they are based and do business in.
Companies like UBS have every right to make these plays but at the same time you cant be right every time and they deserve to be right royally burnt when they get it wrong as they have this time around.
A2M Price at posting:
$14.77 Sentiment: Buy Disclosure: Held
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