Chapter 132 How to Avoid Risks
The increase in Hailanxin's share price today was not high in amplitude, but the turnover rate of 21% once again made it appear on the Dragon and Tiger list. As a frequent visitor to the Dragon and Tiger list, this is the fourth time that Hailanxin has appeared on the Dragon and Tiger list within a week.
After sending the three people away, Gu Junhao analyzed Hai Lanxin's Dragon and Tiger List alone in the trading room.
Judging from the data, the match between the first buyer and the first seller is obvious. The first buyer bought 46.28 million yuan, while the first seller sold 46.17 million yuan. Among them, the third seller was an institutional seat, which sold a total of 8.5 million yuan. The Dragon and Tiger List had a net sale of 3.15 million yuan.
The total transaction volume for the whole day was as high as 581 million yuan, and the Dragon and Tiger list received less than 80 million yuan. It was natural to who the rest was sold to.
"The first buyer is the only one in the market, and the remaining four buyers only have a total of 25 million yuan. The hot money is still smart." Looking at the list, Gu Junhao couldn't help but sigh.
Some well-known seats that I knew in my previous life, such as Xiahe Road in Xia City, which has a considerable involvement in Hailanxin, have recently disappeared from Hailanxin's Dragon and Tiger list.
There is a reason why everyone who can succeed has his own reasons. This sense of smell alone is incomparable to ordinary investors . Gu Junhao believes that if Hailanxin can break out of the trend again one day, these well-known seats will once again appear on the Dragon and Tiger List.
On the other side, Ren Yetao, who was in the trading room of the Shen Da Investment office building, couldn't help but breathe a sigh of relief.
"I have finally reduced my position to the minimum." Ren Yetao said to the screen after the market closed.
In addition to the agreed-upon takeover funding seats, Mr. Ren also attracted a large amount of off-market funds through intraday instruction guidance today, and the overall positions have been mostly sold.
"Fortunately, the first two waves of decline were caught, otherwise the shipment would not be so smooth." said the trader in charge of the market next to Ren Yetao.
Yes, if it weren't for holding up the first two waves of decline, it would not have been my turn to guide sentiment later on, and today's shipments would have resulted in greater losses, so the money was well spent.
"Mr. Ren, what is the source of the funds that intercepted us before?" The trader was an experienced trader, otherwise he would not have been asked to cooperate with him in shipping the goods today. Naturally, he was extremely concerned about Gu Junhao's two appearances on the Dragon and Tiger List.
The trader’s surname is Yang. He is the head of the trading group of the Shen Da Investment Fund Business Department. Ren Yetao calls him Lao Yang, and he is his right-hand man.
"I don't know, but if there is a chance, it would be nice to get to know them." Although his profits were affected by being cut off, Ren Yetao, who had already shipped all the goods, was very generous.
In the capital market, strength is king; the other party did not use any tricks, and all their transactions were bought and sold openly. If they were intercepted, they could only say that they were not as skilled as others.
However, the opponent's level was still quite high. When he was about to launch an offensive to push up the share price of Hailanxin, he quickly seized the opportunity, took the lead in buying and appeared on the Dragon and Tiger list.
To a certain extent, the purchases by institutional seats are indeed more convincing than those by hot money seats. Hot money seats give people the impression of short-term speculation, while institutional seats usually leave the impression of long-term holding.
The ignition on the first trading day and the bonus from institutional buying made it easier and faster to pull up the stock on the second trading day. However, this time the other party did not appear on the Dragon and Tiger list.
But it was precisely this time that it did not appear on the Dragon and Tiger list that was its brilliance. Not appearing did not mean that there was no transaction. Ren Yetao also did not believe that the other party did not trade on that day. This was almost impossible.
He was able to calculate the funds on the Dragon and Tiger list very well and use his seat to exert influence, so that Hailanxin, which was preparing to adjust for a few days, could not adjust any further and was forced to rise again.
The other party's unexpected and unskillful market crash caught him off guard. Ren Yetao didn't mind taking advantage of the passing hot money, but he was a little confused by this unruly behavior.
We are all in the business, so we should all know the language of the market. Even if you want to sell, that is not impossible. You can cooperate to sell the chips to retail investors. There is no need to be so bully and attack your own people. What's more, your attack is so unskillful and does not match your strength at all.
"What a pity. They are a bit unruly. If everyone works together, Hailanxin can at least push the price up to one daily limit. The trend will be more beautiful there, and naturally more people will be willing to take over." Lao Yang said, staring at the K-line.
At the end of today's trading, he forced the share price of Hailanxin to the 10-day line. It was also out of this consideration that if that fund was willing to cooperate and push Hailanxin above the 60-day line and then fall back, the profit earned would be so great.
Hailanxin’s current 60-day line is at 18.96 yuan, which is 10.55% away from today’s five-day line. In fact, there is still a lot of room for operation at this position.
Everyone please cooperate, and pull up a good position today, and then pull up a big positive next Monday, or the price rises above the 60-day line, and then opens higher on Tuesday. I believe that a large number of buyers will appear, and the profits earned will be more than what is currently available.
There is a group of people in the A-share market who are obsessed with K-line but have not mastered the skills. They are not familiar with the fundamentals of stocks, trading funds and the like. They only believe in K-line and think that technology is king.
When the stock price breaks through the pressure level and opens high, they often think that this is a sign of the stock price starting to take off, and they call it a gap up and buy without thinking. They don’t know that K-line can be made, and often the more beautiful the K-line is, the day when retail investors take over.
Moreover, this group of people generally have one characteristic, which is that they are very confident, or narcissistic. Even if the stock price opens high or low and is under dark clouds, they will think that this is just a process of pullback confirmation. They firmly believe that the stock price will break through the 60-day line again. Some radicals will even increase their positions.
Not until the stock price drops step by step will they begin to doubt their judgment. When they can no longer bear it, they will sell their shares at a loss and curse the main force for being an idiot who has ruined such a good trend.
When the same trend appears again next time, this group of people will be fooled again. It can be said that they only remember the food and not the beating. It will be the same for everyone.
"It's a bit of a pity. If there was cooperation, the profit would be higher. However, this should be a passing fund of hot money, with the intention of making a quick buck and leaving. The trader is extremely confident in his skills."
Ren Yetao also understood what the trader said, but the facts were already before him, and any more assumptions would be useless.
"Let's guide it to pull back in the early trading on Monday, and then don't worry about it. Let it pull back naturally, but don't break the support level." Ren Yetao instructed.
If the funds in his hand were not in a hurry to participate in offline IPOs and were required to be in place next week, Ren Yetao would really like to fight with this fake institution and pull a few more big positive lines to see how he would handle it.
"Understood, Mr. Ren." Upon hearing this, Lao Yang was delighted. Next week's task would be easy. For this kind of guided transaction which only required one time, he could handle it with ease.
"Okay, let's go off work. Even though all the funds were sucked away by blue chips today, you were able to attract so much buying funds. You did a great job. It's the weekend, so go and have some fun."
"Thank you for the compliment. This is what I should do. Thank you for your hard work. You can still make plans even in a bad environment." Lao Yang is not a workplace rookie like Xu Jianqing and others. He knows what to say and what not to say.
"Haha, the credit of the team has little to do with me." Ren Yetao smiled when he heard this, and then continued: "Okay, I'll leave first, Xiaolu, let's go."
"Okay, Mr. Ren." Dai Xiaolu replied. She was getting a little impatient waiting. This job was easy, but she often had to leave work late and accompany her boss for social events from time to time.
Old Yang took a look at the young assistant who had a pretty face, a great figure and exuded a youthful aura. When the two of them were not noticing, a meaningful smile appeared on his face.
In fact, it was a bit against the rules for Ren Yetao to bring his personal assistant into the trading room. Everyone knew this, but no one was stupid enough to point it out. After all, they were just hot money disguised as institutions, so the rules and regulations were not important to them.
On the other hand, after Gu Junhao finished reading the information on the Dragon and Tiger list, he also went home after get off work. He didn't know that his operation was considered to be of high technical level. He just considered it simply from the position perspective, and sold because the profit reached his expectations.
I only planned to build a position with 2 million yuan of funds in HaiLanXin. The investment of 10 million yuan makes the position building cost almost zero, so why not sell it.
As for the cooperation that Lao Yang and Ren Yetao wanted, Gu Junhao had never considered this matter. This is already suspected of manipulating stock prices. This kind of money can be earned but not spent.
Even though the supervision is not strict now, when the time comes to draw up the list, none of those who jump the most will be able to escape. Gu Junhao has always believed that the CSRC's investigation ability is the strongest in China, without a doubt.
In fact, the CSRC has issued warnings before some listed companies were delisted due to fraud. For example, in the ST Kangmei fraud case that was well-known in the two cities, the CSRC had actually issued a warning letter before the case occurred, but it was not taken seriously by the market at that time, or some people and some unscrupulous media deliberately created the impression that the warning letter was just a routine inquiry and not important.
In Gu Junhao's opinion, it is best not to touch some companies that have been issued warning letters by the China Securities Regulatory Commission, no matter how excellent they were before or how much they were hyped by the media, and those who have already bought them should exit as soon as possible.
For example, Leshi.com, this stock that cheated countless investors was at its peak in 2015. As a star stock in 2015, it has not risen sharply now, and there are opportunities to intervene, but Gu Junhao will not buy them.
In addition to being confident that he can make enough money in the market, Gu Junhao also does not want to scare investors and leave a bad impression; among his holdings, stocks like these that are unlikely to get out of the pit once you jump into it will make anyone feel uneasy when they think of them.
This is what is meant by a gentleman not standing on a dangerous wall. There are so many stocks in the two markets, and there are more opportunities to make money than just this one. There is no need to buy a problematic stock.
