we should be able to re test 1.20-1.30 tomorrow quite easily on the back of another positive day on the DOW. This has been unfairly sold down by those who have limited knowledge of the company and its fundamentals. Im extremely bullish with this company - iron ore is the flavour of the day and UMC's Bauxite could make this into a $3-$4 company. Im predicting a $1.20 - $1.25 close as this incredibly oversold and to me an to many others is a screaming buy. When it gets to $2 in the coming weeks those that missed out will be thinking - risktrader was right all along.
UMC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
