there were three major holders who took the xt trades in may. they dumped out over the last six weeks destroying the sp each time they dumped. they are gone and the register is now free of any major dumper. we all know the market cap of umc is a joke compared to its peers due to the size of this high grade resource and we all are disappointed with managements lack of news to shareholders , but maybe this was for a reason to get someone set at the expense of the dumpers. its funny that the drill results get released after the last dump. personally i think the new players will push this back to the 1.20 mark or where it was before the dumpers hit the market
UMC Price at posting:
86.0¢ Sentiment: ST Buy Disclosure: Held
