Chapter 148 Ren Yetao's Plan
The stock comment section of Xibu Securities is already filled with abusive retail investors. The good news that was originally expected has disappeared. Except for some funds that bought the bottom before the suspension and still have some floating profits, 90% of the retail investors are trapped at this position.
I originally thought that I could use the good news to get out of the predicament or even make money, but it seems impossible now.
Most of these are retail investors who cannot distinguish between restructuring and private placement. Among them, there are also some internet trolls who deliberately create panic. Indeed, some retail investors will panic and sell their shares when they see related negative emotions.
In contrast, the comment sections of Yinzhijie and Hailanxin stocks were full of jubilation; calls for daily limit rise one after another. As both are small and medium-sized enterprises, the situation is like heaven and fire.
As for letting Liu Tingting decide on her own at what position to buy Xibu Securities, Gu Junhao believed that Xibu Securities would still fluctuate sideways for several or even dozens of trading days, and there would be many buying opportunities.
After the official trading started, Yinzhijie received tens of thousands of large orders at the opening, which directly pushed the stock price to the rising price, reporting 17.31 yuan. Yinzhijie hit the daily limit in seconds, and then there were orders of nearly 200 million funds, which showed a very strong performance.
"Boss, why didn't we use the remaining funds to buy Yin Zhijie in the call auction just now? Wouldn't it be okay to do a T at the daily limit?" Xu Jianqing actually wanted to transfer the remaining funds to Yin Zhijie just now, but Gu Junhao did not allow it.
"The space is too small, and the risk is not proportional to the return." With an opening price of 8%, the profit is only 2% when it reaches the daily limit, but if it opens high and then falls, then this reverse T will result in a huge loss.
Leaving it to the next day will increase the risk. The liquidity of funds must be maintained at all costs. The market is always changing and will not remain unchanged. Good news may cause a sharp drop in the market, and bad news may also cause a sharp rise in the market.
You already have enough chips in your hand, and you can reduce your position if the trend is not right, and you will still make a lot of profit; there is no need to affect your mentality for less than a quarter of the funds in your position.
One of the four major key holdings hit the upper limit within seconds of opening. Looking at the determination of the funds to close the limit and the turnover rate, the probability of closing the limit today is still relatively high. Another small position, Hailanxin, which opened sharply higher, also performed well at the opening.
Hailanxin saw a huge volume of orders as soon as it opened, with large buy orders of more than 500 lots totaling 30,000 lots, including a large main buy order of more than 12,000 lots. The stock price was instantly pulled up to 16.40 yuan.
Compared with the direct pull-up of the large order of 10,000 lots from Yinzhijie, the selling pressure was very small. Due to the tragic decline in the previous period and too many locked-in shares, Hailanxin also had huge selling pressure. The large order of more than 30,000 lots could only raise the price by 0.2 yuan, and then it was smashed down.
With selling pressure of all sizes, the stock price fell from 16.40 yuan to 15.80 yuan within ten minutes. Only then did the selling pressure decrease. A buy order of less than 1,500 lots was enough to pull up the stock price. Hailanxin also rebounded quickly from this position to above 16 yuan, with the lowest stock price at 15.77 yuan.
"50 million came in at the opening. You don't even need to look to know it's hot money. These hot money are really omnipresent. They will hype up any piece of news."
"It looks like it's stable, just follow the funds to ignite a fire." Although the selling pressure is huge, the strength of today's main buying funds should not be underestimated, as it has kept the stock price above the five-day line and the 20-day line.
Gu Junhao still has more than 1.95 million yuan of funds in his hand, and he originally planned to transfer all of it to Liu Tingting. However, Hailanxin has not been sold yet, and there is no need to be too anxious about the trend of Xibu Securities. He might as well take the opportunity to do a T. It would be nice to follow the hot money and make some money.
At 9:46, HaiLanXin reported a price of 16.04 yuan. Gu Junhao did not want to wait any longer and directly placed an order at the third higher level, with a buy order of 1,200 lots at 16.07 yuan, which was quickly executed.
After buying Hailanxin, there is only 271 yuan in cash left in the account. Although Hailanxin is strong today, it is still much weaker than Yinzhijie. The reason why I did not operate Yinzhijie, but chose to increase my position in Hailanxin.
Apart from the fact that Yinzhijie's position is already too large, Hailanxin has advantages in terms of space and cost. In addition, the stock speculation of Hailanxin is a short-term concept, and the method is obviously operated by hot money.
Hailanxin opened sharply higher following the unusual movement of military industry stocks in the early trading today. As a popular stock among hot money investors some time ago, it reappeared in the public eye with the explosive volume at the opening today, and it also attracted more attention.
As for Yinzhijie, the market control is obvious and the traces of institutional manipulation are even more obvious. There is a probability that this kind of stock will be directly killed the next day after hitting the upper limit. From the perspective of security, the relatively weaker Hailanxin is better.
Moreover, Hailanxin's weakness is only relative to Yin Zhijie. In the abnormal movement of the entire military industry concept sector today, he is not weak.
At 9:48, Hailanxin once again tested the integer price of 16 yuan. After falling to 15.93 yuan, it was quickly pulled up two minutes later. The stock price rushed to the intraday high of 16.40 yuan. The military industry sector also moved frequently under the leadership of Hailanxin, and its leading position during the day was obvious.
" What a pity, the upward momentum is insufficient and it's a bit hasty." Hailanxin, which had set a new intraday high, was dropped to 16.15 yuan again, but it stopped there. The second rise began near the yellow moving average.
At 10 o'clock, Hailanxin surged again, with the stock price at 16.55 yuan, with a daily increase of more than 7%.
"This time I will break the whole into parts and choose a few more seats. Let's see if you can intercept me." Ren Yetao said with satisfaction in front of the market. He was sure that the institutional seat that intercepted him last time must still be in HaiLanXin.
Through bottom-fishing in the previous few trading days, Ren Yetao has bought back most of Hailanxin's holdings again. The massive influx of funds today was also due to Ren Yetao's guidance in the early call auction stage.
If a hot stock continues to fall sharply, it will be a terrible thing if the market forgets about you. At that time, you don’t know how long it will take to sell it.
Establishing connections with companies through institutional research, everyone cooperates with each other in hype, and even the actual controller's reduction of holdings is part of the cooperation; these are nothing new in today's market.
As long as we don't go too far and everyone is just relying on tacit cooperation, even if it is discovered, it won't be a big deal. The maximum amount is 600,000, which is not something we can't afford.
Ren Yetao is a mature investor. Although he is a little unhappy about being cut off halfway, he will not act on impulse. Making money in the capital market is the most important thing.
Taking advantage of the rebound of small and medium-sized enterprises this week, we slowly bought back chips, and then took advantage of the sharp drop caused by negative news to increase our position building efforts; then we gradually pulled the stock price up to an upward trend.
Even without the stimulus of the good news over the weekend, it won't be long before Ren Yetao will once again guide sentiment and allow Hailanxin to enter the second wave of upward trend. This time with the good news over the weekend, it becomes even more justified.
Having suffered a big loss last time, Ren Yetao has to be more careful this time. He should use as many accounts as possible to avoid one account buying too much and causing the Dragon and Tiger List to be dominated by one account.
He also tried to be more covert in order to avoid any accidents, which would have made him embarrassed. At 10:01, Ren Yetao asked the operator to place two buy orders totaling 3,000 lots, which ignited the market.
As an experienced hot money investor, Ren Yetao was very adept at guiding emotions. Sure enough, large and medium-sized orders came pouring in along with his buy orders, and one minute later, Hailanxin fell back to the price of 16.90 yuan.
"Sell some chips, maintain the stock price around 7% to 8%, maintain high-level fluctuations, and increase the turnover rate." Ren Yetao ordered.
The price around 16.90 yuan is already very close to the price on June 16 when the sharp drop began. Ren Yetao and his group of hot money are naturally not so kind as to allow retail investors who are trapped near this price to get out of the trap so smoothly, and even take advantage of the rising price.
At 10:16, there were still 1,000 orders, but this time they were sell orders. Whenever the stock price rose, a trade was placed, keeping the stock price fluctuating around 16.70 yuan.
After two waves of shocks, the volume has shrunk to a very small range. Just like the last time it rose, the 3,000-lot pressure plate is enough at this time.
After forty minutes of fluctuations, seeing that the volume was getting smaller and smaller, and the sell orders had dropped from hundreds of lots to dozens of lots, Ren Yetao felt that it was about enough.
"Place 1,212 lots at the price of 16.80 yuan." All small buy orders were swept away, and Hailanxin was once again pulled up to more than 9%.
At 9:49, a buy order of 5,000 lots appeared again on the HaiLanXin trading board, and follow-up funds also followed. At 9:50, HaiLanXin reported 16.94 yuan, an increase of 9.97%; there were more than 31,000 buy orders above the daily limit, with total funds exceeding 50 million yuan.
The 50 million yuan also brought more buyers to HaiLanXin. One minute later, the orders on the board of HaiLanXin exceeded 500 million. In one and a half hours, the trading volume exceeded 400 million yuan, which was higher than the 367 million yuan on June 27.
It should be noted that the trading volume on June 27 was the highest since June 19, and the turnover rate also reached a new high of 19.27%. It would be no problem for it to exceed 20% again after seven trading days.
"Beautiful, it looks like the small retail investors have been almost cleaned out." Ren Yetao said happily while looking at the trading quotation. At the beginning of the closing, there were still more than 500 sell orders, but after 11 o'clock, there were only a few sell orders of more than 100 lots on the market.
Ren Yetao understands the psychology of retail investors very well. Apart from some retail investors who did not watch the market or were firmly bullish and could not be washed out today, some other weak-willed retail investors were washed out during .
Many retail investors believe in a rule: "When a stock has been stuck for a long time or more than 20%, it must be sold near the first unwinding point, otherwise it will be stuck again."
Ren Yetao was very clear about this mentality. He took advantage of his funds, took advantage of the large fluctuations in the trading session, and took advantage of their eagerness to get out of the predicament as well as their fear, and easily dumped this part of the chips off the bus.
As for some die-hard bulls, dealing with them is also very simple. Just make a sharp rise and then fall on the second trading day. While washing them out, you can also sell some chips again to the retail investors who sold today.
Don’t think that these people won’t come back to take over the market. The memory of retail investors is like that of fish. They can sell at a loss today, but they will rush in again tomorrow when the market goes up.
