November 16, 2011

Dog-day Digi


It appears that as the ex-day arrives for share split on 21 November, more sellers are coming out of the woodwork to generously sell down Digi shares to stubborn bargain hunters.

Today, except for some 46 lots done at the beginning hour of trading where it touched RM34.90, it has been a drab day of trading. Digi shares went to a low of RM34.64 and is currently see-sawing at the  RM34.68 to RM34.70 price axis at the noon close.


At the rate, sellers are appearing to sell down the price,Digi shares looks likely to slip further when the bell rings out the day's trading halt.

Digi shares ended at RM34.82 clinching a 6 sen gain.

Digi ended at RM34.82 on 17 November 2011

As long as the Eurozone crisis and the impending banking meltdown hits the fan in Europe, there will not be much upside in equities in the medium term.

50 lots done at RM34.82 at closing

Patience counts as we ride again the Euro fiasco.

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