Case Study : DVM


Note : Please click the chart to enlarge.

It was trading at 0.05-0.06 level for a year ... no volume or very low volumes seen. It consolidated at that level until ... BANG. A big bang occured. The universe is born.

So, some big SHARKS decided to play on it. Fine. Accumulation done at 0.07-0.08 level and pushed up to 0.12 level for ROUND 1 profits of 50%. That is less than 2 weeks.

The increasing volumes attracted those old-timers punters who have been eyeing for such a punt. So, at 0.120, it retraced to 0.095 and accumulation for level 2 started. Zrroom ... it shot to 0.17 for 70% profits in 2 days!! As the volumes shown, MANY retailers moving in, punters, intraday punters, contra players and aunties/uncles in the town talking about DVM. Hey, you see that I gained 50% in one day la. Those stupid-investors looking at blue-chips or going for courses to learn technical analysis la. One uncle might be heard saying "You need sharp eyes like mine and guts of steel - I bought at 0.09 and still holding".  Hmmm ... many of his buddies bought into DVM the next day. Sai-lang ... time to get rich!!

From 0.17, it went back to 0.11 and 'killed' off those late-comers, those greedy ones and contra-players. FEAR that it will move back to 0.09 or worse, 0.06 is VERY REAL. Sell ... huge losses. Guess who is buying? The syndicates ... oopss ... I mean, the SHARKS. After bleeding for a week or so, the talks in kopi-tiam about DVM, one of the most heavily traded stocks in KLSE-casino recently ... might sound like this " Hai ya .. celaka punya Ah Kau. He said he gained 50% from DVM wor. Dont know if it is real or not. " blah-blah blah ... cursing and all the bad-words flying around the DVM's punters-kaki camp.

Note : Take a look at the relatively LOW volumes when it corrected during level 2 selling.

At 0.110, it shot up to 0.165 in ONE DAY with high volumes - they are back. It was pushed to 0.230 the next day with equally extreme HIGH volumes. The mood in this DVM's camp changed drastically ... "hey, I made a killing today. Wah lau eh, 100% profits in TWO days. It is my luck, I was wearing my favourite underwear and I did not change it for two days. Tmr it should be at 0.30". Another kaki was cursing away ... "Niamah, I got burnt just two days ago, cut big losses and didnt dare to touch her. Somemore I was not feeling well, it shot up. After sell, it shoot up. sial-betul la. May be it was my underwear!!" It was 1st Aug 2001.

Ok .. the level 3 pushed up, the SHARKS gained another 100% in 3 days. How far will they want to push her up? It touched 0.28 the next day but dived to 0.190 ... sell sell sell ... but it recovered strongly to close at 0.250.

Hence the talk will be mixed this time around " Hey, Ah Meng ... you still hold to your DVM till 0.30 ar?" Ah Meng sheepishly replied " Dont talk about it la. X%&$%". What happened, many kakis TRYING to show concerns. " You see ar, I queued to sell at 0.30, not done ... and, it started to DIVE and from my past experiences of punting, it is sell-down by big-kaki. I cut her off at 0.20 and jumped back to 0.25." "Oh ... sorry to hear that but you bought 0.17 that day when you chased her ma, still got profit what. Ok ma".

3rd Aug 2011(yesterday) : Open 0.22, closed 0.25. High 0.27.

4th Aug 2011(today) : Open 0.25, closed 0.170. OUCH.

5th Aug 2011(tmr) : Your guess is as good as my guess, or should be better.

At the DVM's kaki-camp moments ago ... 'It opened at 0.25, I was waiting at 0.20. Remember it dived sharply and rebounded to 0.25 that day?" Ah Siaw asked. Many nodded ... keeping mum as they was sharing Ah Siaw's pain. "I saw it dived to 0.21 ... and stopped there a while. I told myself ... this is MY time to get rich - so, I go big lots at 0.21 and I thought it will surely move up to 0.25, at least". It went down-down to 0.17 so fast that I slowly and reluctantly clearing my positions".

The others trying to console him ... still got tmr ma. Dont worry, we go in 0.15 tmr, and we should make the big killing now. This stock could run to 0.30 one, 100% again ma ...

The silence is deafening. Everyone's dream is to get rich(fast) and DVM provided us just that!!

Question : Will you buy DVM at 0.150 tmr if it dive down or will you chase her it shoots up to 0.19 tmr?

The answer is not with you or me. It is depending on the huge SHARKS ... are they full with 50%, 70% and 100% so far? Perhaps they might puch her to 0.40 level for another huge round so that the DVM's kaki will shoot themselves for giving up on her? Or perhaps they will be the happiest punters in KLSE celebrating their profits from trading DVM? Or perhaps they SHOULD change to SANICHI punting-camp which attracting new memebers each day? It has moved from 0.04 to 0.11 level now. Do your Math.

What do you think?

TEH