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If you need to cut loss on this stock, means you either don’t have enough money to be in stock market to begin with, or you don’t understand about stock investment, you shouldn’t buy stocks like UP.
No big news, Just good understanding. Smart money comes to stocks like United Plantations. This stock always go up slowly steadily. Good news might be biodiesel mandate, and ex dividend date is coming on 24 April.
Actually CPO price doesn’t have direct relation with UP. UP’s business model is sell forward. Price fall this time is due to chain effect. Nothing to worry.