egg on face, page-32

westcott,

i hear what ur saying.
i totally understand loss tolerance levels and hard earned cash concepts.
having said that, despite the worlds best research, if u invested in UMC 2 yrs ago, u took a big gamble.
it was a speccie.
maybe they find sumthing, maybe they dont.
prob not the best place for hard earned dollars.

i dont want to harp on about this, so i guess the best way to sum it up is to say that its no use trying to catch a falling knife.

if a company has strayed off course to ones expectations, then one is best to cut loose, minimise ones losses and invest ones salvaged capital into other stocks/investments to try and get it back.

in effect thats whats happening anyway.
except instead of moving on people continue to hold in what they may believe to be a bad situation hoping it will turn good.
at least thats how i read it when people talk about missed opportunities.
stop missing them, sell UMC and take the opportunities...

at least that is what i would do.