December 14, 2011

Assault on Fortress Digi

Today should rightly be called the assault on fortress Digi.
Desperate Sellers from Eurozone?

The number of sellers were in 1000s and they have managed to paint Digi red from the very start of trading today.

The counter touched RM3.60 and is currently trading at RM3.61-RM3.62 with 15,500 lots on offer.

What gives?

It is a definite sell-off; either  from wounded Eurozone investors or government funds liquidation?

Will there be white knights riding in for the rescue on the horizon as the afternoon comes to a close?

Well, nnone appeared and Digi fell 4 sen to RM3.62.

Tomorrow is Friday and Wall Street is crying.

Will Digi fare better tomorrow?

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