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.
UMC Price at posting:
99.5¢ Sentiment: LT Buy Disclosure: Held
