What an interesting day! AND YES... WE (DGIV INVESTORS) needed that!
if you are a new/potential investor to DGIV, today's events should prove very enlightening and should answer your question about DGIV staying power (and whether you should get in at this level).
IMO, if this were to happen to MOST other stocks with a similar run like DGIV's, we would have seen the price cratered. Instead, we saw increasing BUYING by late AM/early PM that continued to the very end of the day. GREAT sign for the future!!
WHAT WAS MOST IMPRESSIVE WAS THAT TODAY'S BUYING ACTION WAS LED BY THOSE WHO HAD BEEN IN DGIV THE LONGEST!! Normally, you would expect people who got into DGIV early on to be the first to "walk"/lock in their profit. Instead, these people were the ones who stepped up and bought more!!!
THESE DEEDS, not words, should satisfy your question of whether DGIV long-term investors would be the first to bail on any price weakness, No, they are the first to BUY MORE!! WITH THIS KIND OF PRICE SUPPORT, any news at all will REALLYblow the roof off!
This action should demosntrated why DGIV is a SAFE stock to buy at this time! WE needed today to shake out the wEak hands and MORE shares are locked in VERY STRONG hands!!!
remember, Mr. Chin is coming back soon! Now, time is indeed running out for those who wanted to buy at this level. We have had a CATHARTIC experience and now are all stronger after this experience!
PS: TOMORROW, for the first time in about a week, we should see a GAP UP and if everything goes according to plan, it will be the beginning of ANOTHER UPWARD RUN (just my opinion, of course) |
