The recent sell down of UMS holdings gave me an opportunity to buy in. As what Warrent Buffett said, "Be fearful when others are greedy. Be greedy when others are fearful" Although semi-conductor is a cyclical industry, I do not believe that the fundamentals will change overnight. CEO Andy Luong and AMAT sold their shares, depressing UMS holdings stock price. It hit a low of 0.545 on 11th June. AMAT decreased their stakes to less than 5% which means that in future, market will not need to be notified when they sell more of their shares. CEO Andy Luong decreased his stakes from 27.81% to 20.25% (Source). I am not too afraid of this because he has been a consistent seller. The last time he sold 7m UMS shares in the period of March and April, UMS share price gradually increase bit by bit. Nobody ......