Monday, March 28, 2011

Digitel (DGTL) is a shocker

The trading community is not sure why this stock just surged this month when in fact this one is one hell of lagger. Rumor has it that MVP is the culprit. I was contemplating to buy this stock earlier at 1.60s, my computer crashed and restarted my pc with windows installing its updates before shutting down, wrong timing. After a few minutes of restarting, wow, digitel is already at 1.90s. That's quick money, but that's just plain luck. Wavers think that DGTL is already on wave 5, selling pressure is expected in the coming days. Compared to other markets, the Philippine Stock Exchange is still illiquid, prone to price manipulation like pump and dump.

0 comments: