yml and the umc effect..., page-3

Good post Bandalap

Thats what its all about, comparing valuations, all companys are at different stages and locations, which should have all variations...

I was watching UMC for the very reason to see what the market would do, i dont think it was bad news but clearly they are far from a JORC, YML will have a JORC in a few weeks..

Still i think that YML did get a smack down yesterday as it cleared out alot of short term holders/weak hands were folded, YML actually held up well, we all know how fast YML can move up with small volume becasue the share register is so tight..

So what happens from here is anyones guess, but i do think the dust will settle and YML will continue up soon, just not as fast as many traders took a flogging yesterday, good ridence, i hope the day traders stay away from YML, they are the cause of wild swings up and down, i would much prefer an orderly steady rise