RawGreed Update, United Microelectronics Corp.

dots Posted on November 16, 2005 , filed under Stocks | Print This Post

UMC, United Microelectronics Corp. closed at $3.03 today. The stock traded as low as $2.98. If UMC trades below $2.90 this week I will add 5000 shares to my position. I encourage investors to purchase UMC at any price under $3. The pullback I spoke of is definitely happening.

*Disclaimer: I purchased 10,000 shares of UMC at $3.20 on October 11th, 2005.

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