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The DIMO is one of fundamental share that we used to play wisely in last bull run.
What i noticed is it is undervalue with respect to NAV and PE.
my question is even it is trading at low 500's, RSI is well higher than 50%.
Is there any reason behind that people sell DIMO on 500 range? Is it became non worthy investment?
I have noticed two recent days share transaction exceeded 25K.
2013-03-19 DIMON0000 505.00 497.10 504.85 26,794 16.16 (RSI)
Then last friday,
2013-05-03 DIMON0000 501.00 498.00 500.00 25,549 56.76(RSI)
greatly appreciate If some one could shed light,
What i noticed is it is undervalue with respect to NAV and PE.
my question is even it is trading at low 500's, RSI is well higher than 50%.
Is there any reason behind that people sell DIMO on 500 range? Is it became non worthy investment?
I have noticed two recent days share transaction exceeded 25K.
2013-03-19 DIMON0000 505.00 497.10 504.85 26,794 16.16 (RSI)
Then last friday,
2013-05-03 DIMON0000 501.00 498.00 500.00 25,549 56.76(RSI)
greatly appreciate If some one could shed light,
