what if..., page-13

Some very astute buying this morning. Anyone would have thought we were going to fall heavily this morning when there was about 500k on the sell offer below $1.40. Instead they virtually all pulled and we opened at $1.41. Whenever there has been large sellers at $1.40 they have been quickly gobbled up. Clearly the large 100k odd sell orders that we have seen recently have been to force panic sellers. Yesterday afternoon there was about 500k on the sell at $1.50. Where are they today. The UMC story is a compelling one and growing strongly by the day. The chart is a compelling one too and will shortly retest its highest every close which is $1.52(its highest intraday close being $1.64). I believe that any close above the $1.52 mark will see a knew round of buying the next day from technical traders. One to hold now, not sell!!!