I finally got someone to talk to and got told something very special:
No1. "UMC is not a share for mum and dads to trade but it should be reserved to big institutions" from the horses mouth. LOL In a way i liked it cause it was -at least- straight; in the other hand I wish they held such arguments to "Mum and Dads" shareholders 2-3 years ago.
No2. The way they talk UMC is already in BHP hands. it s a done deal guys. So yeah i don't think there s much left to hope in this story anymore.
You play with big boys u get burnt specailly if u are a "Mum & dad" investor.
UMC Price at posting:
$1.27 Sentiment: None Disclosure: Held