The writing is certainly on the wall with regards to some sort of corporate action for umc .... hard to see it staying under wraps too much longer and once the market gets a whiff you would imagine there's plenty of upside even in the current trading climate.
what do the chartists think about umc once it crests $1 again .... I can see this doing a runner and dragging THX along with it. Buying as many of both as i can on limited funds and hoping the run, when it comes, is sustained.
UMC Price at posting:
97.5¢ Sentiment: Buy Disclosure: Held
