Courting Black Harvest

For those dabblers of Harvest Court, it must have been one rude awakening when they saw their shares plunge like a bungee jumper without going up. It always is dangerous to court the unknown penny stocks especially in wild-wild east Bursar!

True, the PM's son lent credence to the company after he has bought its shares and then sits regally on the Board. But that's no reason for you to jump head long into this potential quagmire of a counter?

Sadly, as we see, the Bursa failed to do its job to timely query the company on why there was such a huge percentage jump in its price in a short spate of time or the reason for the flurry trade. It allowed so much leeway for punters and mercenary buyers to sucker a wide slew of  innocent babes of investors. From 10 sen it jumped to price stratosphere beyond RM2.00.

Once the punters leave, the PM's son also quited his Board seat and now all those poor  blighters or sorry shareholders are left with Harvest Court shares hanging high and dry.

The price of Harvest Court is now 74 sen, down by another 22 sen. It touched a low of 66.5 sen.

As they say, winners guffaw and losers weep.

I can hear the din of the cries of the loser-weepers but sadly, not Bursar.

Digi: Digestible Demand?

Holding Steady in Morning Trading

Oh yes, it got to a flying start and then ran out of steam by 10 am. Heavy buying was seen from RM3.82 to RM3.86 before retail buyers came out in squads to pare down prices into the 70's region.

Today is Day 3 after Digi went split and prices look like it it holding up. It was up Monday and yesterday and it should hold up with marginal gains if market continue to deteriorate on the whole.

As they say, the market is always right.

Amidst heavy selling pressure, Digi managed to close unchanged at RM3.72. There was quite heavy buying at RM3.72; something like more than 8.2 million shares done.

Close Unchanged at RM3.72 in a bad market

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.

Driving Miss Digi

Digi goes Ex

Remembered that beautifully crafted movie," Driving Miss Daisy"? The one that starred the talented Jessica Tandy and the ever charming Morgan Freeman. Yes, Digi's half day performance is bitingly refreshing. Akin to that movie of just driving Miss Daisy. You just want some more and still so more.

Amidst the gloom and doom of the European cancerous sovereign and banking debt fiasco, with the local market losing more than 15 points, Digi continued to be in demand. Undoubtedly there will be weak holders who will sell out some portion of the holdings to take profits.Similarly, we have fresh blood in the form of new buyers who are most thankful of being able to buy one lot of Digi at the RM3,000 level.

Closed at RM3.68 at noon

The starting block of RM3.60 was breached moving up to a high of RM3.81 and a low of RM3.53. Most shares were bone at the RM3.77-RM3.80 level. I think the support level will be RM3.60 and if buying persist in the afternoon, Digi shares may go beyond RM3.70.

Yes, as I predicted-it upped 11 sen to settle at RM3.60 as it final price.

Digi: Strangled at RM35.00

As much as it wants to go up beyond the RM35.00 divide, crabby buyers pulled the price down.

How much will it open ex-split on 21 November?

All day long it see-sawed just like arm wrestling, sometimes better like in the beginning minutes and faring a little better an hour before closing time.

Except for a 500 lots done at the morning at RM35.10, trading has been kind of dull with minor players coming in just before the dateline for splitting on the forthcoming Monday.

I think the share will likely close at this price range possibly saddling RM35.00.

Evidently,more sellers were in the field and the crabs won the day; and Digi went off best below RM35.00..

Closed at RM34.96 on 18 Nov 2011

Digi closed at RM34.96 and so theoretically it will open at RM3.49 on Monday,21 November 2011

Charming Cheryl Cole

Yes, this is one charming lady.

The Many Moods of Selena Gomez

Talk about this teeny bopper-she just lost her case of that stalker.

Anyway she is still news and pretty hot to by the looks of Bieber around her.

Looks okay and have some potential good acting skills in Monte Carlo. Saw the movie?