UMC 0.00% $1.30 united minerals corporation nl

larger forces at play are waaaay too big for management to 'do...

  1. 1,969 Posts.
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    larger forces at play are waaaay too big for management to 'do things differently' and somehow mitigate the SP slide. Just imagine some of the peripheral difficulties - ie companies UMC needs to deal with for various needs would also be feeling their own pain atm, only further adding to the difficulty 'of getting things done'.

    Hey I'm out of the money at this price but any chance I get around a $1 i'm buying again. Never catch a falling knife is good advice that i'm ignoring for UMC. I would have given an arm to buy sub - $1 - last year.

    patience is needed. Personally, and this is not directed at anyone, there is way too much negative comment right now being spurred on by market sentiment in general.

    How i expect this to change when things improve slightly in the market. UMC could well be one of the quickest gainers when it does.

    That could be 6mths away but this is not the time to sell. Particularly because of 'management decisions'.
 
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