Shanghai Stock Index fell 6.5% yesterday (28 May 2015). The Singapore Stock Market was affected by it but not too much. Despite the general bearishness, one of our CNAV stocks, Fu Yu, ran up 10% on the same day. The bamboo-like growth in small cap stocks have been realised again. Fu Yu is a small cap stock with $146m market capitalisation as of 28 May 2015. It was one of the fallen and an ugly stock that nobody likes. It is not in the sexiest business and it does not have the highest earnings in the market. We can witness the low liquidity and transaction volume preceding the crazy run up since March 2015. Trust me, most investors will shun this stock and go for something with higher volume, saying this is a value trap. As counter-intuitive as it is, the best time to buy is when most people ......