i think the deal is a little disappointing, it will be a long long road from here, one that might not be worth the wait unless they make a another discovery. They have chosen a path and it is one that will not create value in a hurry.
just my thoughts
i dont think their is egg on anyones face just yet, even those loyal to management seem to be changing their views and we are still no where near $1.50!!
nice to see other stocks moving up however one counts the opportunity cost every day
UMC Price at posting:
99.0¢ Sentiment: Hold Disclosure: Held