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Forced To Close Off My UMS Positions
By A Path to Forever Financial Freedom (3Fs)  •  January 29, 2019
In the spirit of being transparent, I thought I should give an update on my positions on UMS.  Based on the last portfolio update in Jan earlier this month, I have provided an overview on my portfolio that I am holding a rather large short position in UMS of 325,000 shares.  This was accumulated over time since my earlier position back in Nov 18 when I started to short from 66 cents, all the way down to 59 cents.  My average price on this position was somewhere around 63 cents I think (before the interests).  My plan was to continue to hold this short position until somewhere in mid-February when they had to announce their full year results before closing off the positions.  With the revised 2019 negative guidance from the Wafer Fabrication Equipment (WFE) latest research paper, I was pretty confident holding on to this until I...
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By A Path to Forever Financial Freedom (3Fs)
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