"Yinzhijie, announcement of resumption of trading due to major asset restructuring." During the resumption of trading on the evening of the 22nd, this piece of news caught Gu Junhao's attention.
The theme of restructuring has been hot recently, and Gu Junhao has missed several of them. Now he has more than 4 million yuan in funds with nowhere to go. With curiosity, Gu Junhao clicked on the announcement of Yin Zhijie.
"The acquisition, reorganization and high bonus and share transfer of the company are quite interesting." Let's first take a look at the company he acquired. The acquisition target is called Yimei Software Technology Co., Ltd., which is located in the imperial capital. These days, companies with some technology are quite popular. In addition, it also increased its capital in a digital company in Shenzhen Stock Exchange.
These two companies, especially the first one, have accumulated a large number of mobile business databases and are engaged in big data business. The most important thing is that they are expected to obtain a credit reporting license, which is amazing.
There is no need to say much about the macro and policy aspects, Gu Junhao knows this as the bull market is coming; from a fundamental perspective, Yinzhijie itself is engaged in banking informationization business. In today's Internet era, the gradual informatization of banks is inevitable. In this respect, Yinzhijie can be regarded as a growth stock at the moment.
In addition to the active layout of new businesses in the restructuring, Gu Junhao knows how widely the credit reporting industry will be used in the future. It may even be possible to incorporate some concepts of Internet finance in the future.
Combined with the hype of the concepts of restructuring and high bonus and share transfer, Gu Junhao's judgment on Yinzhijie is that it is a target that he is extremely optimistic about, no matter from the aspects of macroeconomics, policy, fundamentals and hype concepts. The only concern is whether he can buy it when it resumes trading tomorrow. In case the main funds hold the board and prevent people from entering, it will be a bit difficult.
Even if you hit the board yourself, you may not be able to buy many chips. If it continues in the same direction, there is no need to rush in even if you are optimistic. You can only wait for the second wave of the market.
"What a pity, I discovered it too late." But it seemed that it would have been useless even if I had discovered it earlier, because I was still working for Wangsu Technology at that time.
On Friday, May 23, 2014, the last trading day of the week, Gu Junhao got up, washed up, and went out with Zhang Yiru to have breakfast. After breakfast, Zhang Yiru went to work.
Zhang Yiru drove to work these days, so Gu Junhao could rest assured; as for the new car registered under the company's name, he couldn't use it for the time being, so he let Shen Boyu drive it to show off. A formal financial institution doesn't have to be big, but it still has to have some style.
"Tong Huashun is going sideways, but we don't have to worry about him for the time being. Today's target is Yin Zhijie. I hope I can get in." After returning home, Gu Junhao sat in front of the computer and thought.
At the same time, I also opened the Yinzhijie stock trading area, wanting to see how ordinary investors would react to this major positive news; the Yinzhijie stock trading area was full of various daily limit comments, and some were already discussing which daily limit the stock would eventually hit.
Countless ordinary investors are optimistic about the performance of this stock. Who says that retail investors have no knowledge at all? At least they know which stocks will rise. As for whether they can make money in the process of rising, that is another matter.
Most people who speculate actually know something about it, especially those who can stay in the market now, they are basically old investors. But why do most of these experienced old investors still lose money? It is actually more of a psychological problem.
If you want to invest in stocks, Gu Junhao believes that it is better to set a more realistic goal every year. For example, if you have 100,000 yuan to invest in the stock market, you don't need to trade throughout the year. If you can seize a few opportunities every year and achieve a return of 10% or 20%, setting this as your annual profit target will make it easier to achieve.
Stock trading is just like doing anything else. Be careful not to have no specific goals or overly exaggerated goals. It is a bad idea to want to buy what others buy.
At 9:15, Gu Junhao temporarily stopped paying attention to the trend of the market. For stocks like Yinzhijie that have resumed trading, they are destined to have an independent trend today, and even in the next few trading days, they will have their own independent trend. Whether the index goes up or down, it will not affect him.
"Huh? What the hell? Limit down?" At the beginning of the call auction, Yin Zhijie did not show the limit up trend as Gu Junhao had expected. On the contrary, it opened at the limit down price, with nearly 30,000 sell orders hanging on the limit down board.
Time passed second by second, and just when Gu Junhao thought that this was a trick used by the main capital to deceive people, they would definitely cancel the order before 9:20 in order to scare away some retail investors.
In this way, the time came to 9:19, and Yin Zhijie's price on the lower limit board was opened, but it opened quite low, at 13.30 yuan, only 3 cents higher than the lower limit price, and there were still 20,000 sell orders at the 13.30 yuan price.
"Could it be that someone's position was liquidated after being suspended for four months?" Gu Junhao's mind was working quickly at this time. The probability of such a liquidation should be unlikely. Yinzhijie's stock price rose sharply on the last trading day before it was suspended, so insider funds should have entered in advance.
As for the funds raised, it shouldn’t be that the stock couldn’t pay the interest after being suspended for four months, right? However, the nearly 26 million sell orders are indeed a bit strange. Either the main funds want to use the 26 million market value of chips to scare the chips in the market in order to get more chips, or there is a real possibility that some funds in the market have been liquidated.
He currently has 4.3 million in funds, so he decided to give it a try and place a bid at 14.30 yuan. He wanted to grab the chips by offering a one yuan higher price, which is exactly 3,000 shares. He did it as soon as he thought of it, and Gu Junhao quickly placed the order before 9:20.
If the price really hits the limit down, the most I will do is sell my stocks tomorrow and lose more than 400,000 yuan, which will not have a big impact on my position. I don’t need to replenish the margin even if the price hits the limit down three times; so the safety is beyond doubt.
After 9:20, orders cannot be cancelled, but orders can be placed; at 9:25, Yin Zhijie finally opened at 13.30 yuan, and 12,552 lots were traded in the call auction, including 3,000 lots from Gu Junhao.
Although the price was 14.30 yuan, the final transaction was completed at the real-time price. Therefore, after Gu Junhao completed the transaction of 3,000 lots, he still had 310,000 yuan in cash. There was no rush for this 310,000 yuan, and he would look for opportunities after the market closed.
Yinzhijie's call auction transaction volume was more than 16 million yuan, while the last trading day of suspension was less than 40 million yuan. Today is destined to be a day with large trading volume. As long as the closing price of the stock today is more than 3% higher than 13.30 yuan, it can be considered a large increase in volume in terms of form.
"It's really exciting. I wonder how many of these 12,000 lots were taken by the main funds themselves." This was in 2014, when the bear market was still at the end and trading volume was still very low. There were not many stocks that could exceed 10,000 lots at one time in the call auction.
At 9:30, the two markets opened for trading. Due to the buy orders of more than 12,000 lots, plus another large buy order of 3,600 lots at the price of 13.60 yuan, Yinzhijie's stock price quickly surged to 14.27 yuan after the opening.
The short-term increase reached 7.29%, and it quickly occupied the first place in the five-minute increase list at the beginning of the opening. However, whether it is a vacuum head or a false short, the funds in the market will not give up so easily. A sell order of 2,000 lots brought the stock price back to within 14 yuan again, closing at 13.98 yuan.
"It rose too fast. There should be a decline. Buy it later." Gu Junhao was not in a hurry. Looking at the performance of long and short positions in the off-market and short positions in the market, he only had 310,000 yuan of funds in his hand. With such a large trading volume today, he would not worry about not being able to buy stocks.
All you have to do is wait patiently and buy at a suitable price so that you can get more chips.
Yinzhijie consolidated around the 14 yuan price until 9:43, at which time 1,500 sell orders appeared on the market again. Two minutes later, Yinzhijie fell to the 13.90 yuan price, and the stock price had begun to slowly correct.
At ten o'clock, Yinzhijie fell below the yellow moving average of the day, closing at 13.69 yuan; as the stock price broke the intraday moving average, Yinzhijie's trend became worse and worse, and off-market funds watched cautiously. A sell order of 500 lots could drive Yinzhijie's price to 13.50 yuan, and it seemed that it would return to the limit price again.
At 10:08, when the share price of Yinzhijie reached 13.38 yuan, off-market funds began to buy tentatively, and buy orders of 300 and 200 lots were gradually executed.
"I'll give it a try. The price will stop falling if it doesn't break the opening price." However, at this time, the price of Yinzhijie had returned to 13.45 yuan, and Gu Junhao didn't want to buy much, so he directly bought 230 lots at the first selling price of 13.46 yuan.
The buying task has been completed. At this time, Gu Junhao also has time to look at the trend of Tonghuashun and the market and ChiNext Index. Tonghuashun is still adjusting narrowly today, with the stock price remaining around 13.30 yuan, maintaining the red market mode.
"Sure, as long as it goes up, I don't have to worry about the trend of Yinzhijie." Slow is fast, fast is slow, a slow rise is also good; Tong Huashun's holdings exceed 13 million, and an increase of three or four points can offset the risk of Yinzhijie's limit down, so the risk is still controllable.
The Shanghai Composite Index has performed well in recent days. The sharp drop on Monday indeed gave it room to rebound. It fell again to around 1991 points below 2000 points in early trading on Wednesday before quickly rebounding and closing up 1.7%.
The ChiNext is even stronger, having already shown a trend of three consecutive positive days. Today, based on the support of the five-day line, it attacked the 20-day line upward. Although it has not broken through it yet, it has not fallen back quickly, but is currently in sideways consolidation.
Affected by the pressure level on Thursday, the market closed with a cross-yin line with a long upper shadow; today's performance is still good, maintaining red market fluctuations above the five-day line, and the trend shows signs of slowly repairing.
After observing the general direction, Gu Junhao looked at his account; all the funds in his hand were used up, the average transaction price was 13.31 yuan, and he had 3,230 lots of Yin Zhijie; the rest would be left to the market.