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[sharechat] DAVNET (DVT) asx


From: "Warner Lamb" <cloud9@i4free.co.nz>
Date: Tue, 11 Jul 2000 23:24:33 +1200


I posted on this stock end of May and suggested it was WAY oversold @ $1.15
.It subsequently dropped to around $1.07 so I left it alone (no reply on
message board). When I checked back the other day it was $1.87.I wish I
would back myself more, I then checked a few boards in Aus and there were
some cautions and negative words about DVT.It seems like day traders are
back in heavily over there so be careful of a selloff otherwise seems a good
trading stock with very high liquidity but it's definately not a Holding
stock...Have a SELL strategy.Check the chart for the hell dropoff in
FEB-MAR.
Also check Hotcopper.com.au for the local comments.Certainly can move fast!
Warner. another 100%er passes him by.

I like RMG for a good run before Xmas (just a feeling)


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