November 21, 2011

Digi: Swimming Upstream Like The Salmon

Will Digi Do Some More Magic?
With the deluge of new shares floating around, sellers are always ready to sell into profit, no matter how good the company may be managed or what great future lies with the company.

Man's mind is hard to fathom. While some think they are angels and should no longer tread on this counter as the price ascends, there could be greater fools thinking that there are more miles to go for their 'camel'.

Come what may. As they say, good things comes for those who wait; the other school will have as their affront-Count your blessings and take your gains and leave.After all tomorrow is another day.

The second day of Digi as a 1 sen share saw heavy buying of should I say, selling, at the RM3.72-RM3.75 price range. It ended at RM3.69, a whisker from the next marker of RM3.70.

Closed noontime at RM3.69-a whisker from RM3.70

I think the going is heavy as selling gravity will continue to pull away promising gains. The European debacle still stinks at this stage. Now, France is embroiled as well.

Digi closed at RM3.72, up 12 sen. At least it breached the RM3.70 sen mark.

Ending up 12 sen at RM3.72


So, do not expect a very good market in the next few days.