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David A Fischer
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  • DGIT oversold after large gap and follow through selling. 1 comment
    Aug 30, 2010 3:40 PM | about stocks: DGIT

    This is momentum and follow through panic selling after huge gap and so many longs continually getting battered and trapped, selling at 15 makes little sense. Buying 15 and change could do very well from here.

    That gap down destroyed any leftover longs and gave the shorts their prize trade of the year. Could it continue, possibly since stops have been triggered and margin will be again required. But this is more technical than fundamental down here.

    JMO. Do your own DD. Just my opinion, take it or leave it.
    Stocks: DGIT
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  • David A Fischer
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    Comments (109) | Send Message
    Author’s reply » Good call David, good Call.
    12 Jan 2011, 11:30 AM Reply Like
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