UCM 0.00% 4.1¢ uscom limited

:p You are joking, right? I posted when the market was weak and...

  1. 11,073 Posts.
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    You are joking, right? I posted when the market was weak and nothing changed at all, absolutely nothing. Nobody buys because of anything that I post, hahaha. Of course we all do our due diligence and take our chances just like the next guy.I understand from the style of your post that you would love to buy back in more cheaply. Enough said.

    My nagging concern (and it has been for a long time now) is that one major shareholder has such a huge influence on sales in China. Is it in his interests to ramp up sales now, or will he accumulate a lot more shares at bargain basement prices before doing so. I certainly hope not, but I have unfortunately seen this rather unethical ploy used before many years ago in another small tech company that I held. The rotten scoundrels then took the company private and wiped out the smaller retail holders with clinical and ruthless precision without giving them a second thought. I hope that the company is wise to that sort of chicanery and there is no possibility that it will ever happen to USCOM.
 
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