Chapter 26 End of Month Clearance
On the 15th, Friday, the two markets continued yesterday's rebound trend, and the ChiNext Index once again stood firm on the 60-day line and rebounded upward.
Wangsu Technology's performance today remains the same, but there is not much room for T today. Gu Junhao only did a small T during the intraday period and only increased his holdings by 100 shares.
However, for most retail investors, it is better not to do T when the stock price is rising, so as to avoid selling at a loss or being unable to escape when the market changes.
Subsequently, on November 18, 2013, the ChiNext continued its rebound trend, and the index finally closed at 1291.15 points, facing the pressure level of the 1300-point integer mark.
On the 19th, the ChiNext Index hit 1,300 points for the first time since November, reaching a high of 1,312.07 points, but then encountered resistance and fell back. In the next five trading days until November 26, the ChiNext Index chose to adjust sideways above the 60-day moving average.
During this period, Gu Junhao was still doing T in Wangsu Technology. During this period, Wangsu Technology did not have the vigorous trend of the 14th and 15th, but there was still room for T.
As of November 26, Wangsu Technology closed at 71.80 yuan. In seven trading days, Gu Junhao successfully increased his holdings to more than 10,000 shares through intraday T operations, reaching 10,700 shares, and the market value of his holdings reached 7.6826 million yuan.
On the 27th, Wangsu Technology was again affected by the 75 yuan pressure level and underperformed the ChiNext Index. On this day, Gu Junhao made a relatively large T, clearing out all of Wangsu Technology at 74.80 yuan, and bought them all back at the closing price of 71.50 yuan. His holdings also reached 11,200 shares.
On the 28th, Wangsu Technology once again went against the market trend with the ChiNext Index. Yesterday, the ChiNext Index rose sharply, but Wangsu Technology had no performance. Today, the ChiNext Index was sideways, but Wangsu Technology performed well.
On this day, Wangsu Technology's intraday daily limit once exceeded 9%, very close to the daily limit price, but there was no subsequent capital takeover and the stock price fell back at the end of the trading day.
Today, Gu Junhao did another T of 500 shares, and his holdings of Wangsu Technology reached 11,700 shares. At the closing stage, the share price of Wangsu Technology closed at 75.39 yuan, an increase of 5.29%. The intraday transaction amount reached 365 million .
Gu Junhao's holdings are also shown as: Wangsu Technology, holdings of 11,700 shares, holdings value of 882,063 yuan, available funds: 2,717 yuan.
The total market value of 880,000 yuan has also caused heated discussions in Taogu Bar. There is only one trading day left this month. Since the opening of the position in October, 190,000 yuan has been invested. In two months, a profit of nearly 700,000 yuan has been made.
However, what they didn't know was that Gu Junhao's initial capital was only 20,000 yuan. If he posted the delivery note of Zhongqingbao, who knows what the response would be.
However, what makes Gu Junhao most proud is that even if the stock price hits the limit down tomorrow, the average daily market value of his holdings this month will exceed 500,000 yuan, so after tomorrow he can finally open a margin trading account.
Friday, November 29, 2013 is the last trading day of this week and this month.
As usual, Gu Junhao sat in front of the computer early and read the news. Wangsu Technology made an announcement yesterday, which was nothing more than buying an office building. Although the current housing prices have increased compared to after 2008, it is still not bad.
Real estate will still have a significant increase in value in the future, so buying an office building at this time is a good investment. However, it does not have much impact on the main business, so Gu Junhao doesn't care too much about this.
However, when he was reading the news, he suddenly saw an old news item from November 15, which woke Gu Junhao up from his dream.
"I have been so obsessed with T trading recently that I even forgot about the restart of IPO." As far as I remember, IPO has been stagnant for more than a year since the last A-share listed company last year.
Thinking of this, Gu Junhao quickly looked through the recent trends of the securities companies.
"As expected, some funds with foresight have started to make arrangements in advance, and I can't catch up. However, the resumption of IPOs is a short-term negative for the ChiNext. No wonder the ChiNext recent rebound has been so difficult, and Wangsu Technology's performance has also seemed a bit strange."
"These main players are too stupid. The market has been fluctuating for a month, and even when they are shipping and doing T, it is still in the box oscillation. At the end of the month, there is a wave, which makes people think that it is going to break through the box." Fortunately, I am going to open a margin position, and I was planning to clear my position today.
This time, when I saw the news again and remembered the IPO restart, I became more determined to clear my inventory.
"Hehe, but it's just right for me. If you pull it, I can make more money. I just don't know how many retail investors will be fooled again."
Thinking of this, Gu Junhao was a little conflicted. Should he post a message on Taoguba to remind them? If he told them, they might not listen. On the contrary, he would feel that he was meddling in other people's business. If he didn't tell them, he would feel a little guilty.
After thinking about it, Gu Junhao still posted a message before the market opened: "I will choose the opportunity to sell Wangsu Technology today. I will open a margin position next month, so I choose to liquidate and change accounts. Everyone can consider it based on individual stocks."
This can be considered a reminder. How people understand it depends on their personal market sensitivity. Then he sent another message to Su Mingyu.
The message to Su Mingyu was not so obscure. It directly stated that since the restart of IPO is a short-term negative for the ChiNext, the ChiNext Index may fall to around 1,200 points again.
As for Wangsu Technology, under such an unexpected situation, the main force is bound to carry out a more violent wash-out, so it is possible that it will fall again to around the 70 yuan to 65 yuan box.
Moreover, under this circumstance, there is a high probability that a relatively large positive line will be drawn today, causing retail investors to mistakenly believe that the box has been truly broken through and chase in. In other words, every effort will be made to get retail investors to take over today.
"Is that so? That means the price drop is about 20%. We can indeed do a T. I will take a day off today and find a good price to sell it." Su Mingyu did not hesitate after hearing Gu Junhao's analysis. They are all knowledgeable people.
At 9:25, the call auction of the two markets ended. The ChiNext opened at 1335.63 points, opening high. Wangsu Technology opened at 75.05 points, opening slightly lower, but the stock price was still running above the box.
At 9:30, trading began. The ChiNext Index opened high and continued to rise, quickly rising to around 1%. Wangsu Technology did not hesitate too much and started to rise after a slight adjustment.
Throughout the day, the ChiNext Index surged 2.26% to close at 1366.83 points, a monthly high. From the low point, it rebounded nearly 15%, achieving a large lower shadow bald bullish candle at the monthly line level.
Wangsu Technology maintained the same increase as the ChiNext Index throughout the day until 1:40, when two large orders of 5,000 lots drove the stock price of Wangsu Technology to rise sharply.
"Here it comes. Let's see how far it will go." Looking at the sudden movement of the market, Gu Junhao became excited. As expected, Wangsu Technology was about to pull up at the end of the trading day.
The unusual movement of Wangsu Technology, coupled with the breakthrough of the box and the sharp rise of the ChiNext Index, attracted the attention of countless market funds that missed the opportunity.
With the attraction of off-market funds, it was easier for Wangsu Technology to pull up its shares. After an hour, the stock price was successfully closed at 82.93 yuan . The market value at that time was close to 1.5 billion yuan.
"Forget about him, just clear the inventory as planned." The stock price hit the daily limit, but it did not make Gu Junhao hesitate too much. He had to execute the plan. Even if he made a mistake, he could just correct it later.
11,700 shares of Wangsu Technology were successfully traded at the price of 82.93 yuan. Gu Junhao breathed a sigh of relief and then sent a message to Su Mingyu, which was a screenshot of his liquidation.
When Su Mingyu saw that Gu Junhao had cleared his positions, he did not wait any longer. In addition, after observing the market for a whole day, he felt that with the market rebounding to such a high level and the shadow of the IPO, it was impossible for the ChiNext to break through its previous high so smoothly, and a correction was inevitable.
Su Mingyu also has 10,000 shares of Wangsu Technology. Without doing T, he will have 829,300 yuan in funds after clearing his position. If Wangsu Technology can really pull back to within the 70 yuan box, then he can probably buy back 12,000 shares, which is not a bad idea.
"I didn't expect you to be so rich." Gu Junhao saw that Su Mingyu had liquidated 10,000 shares, which made him a rich kid.
But he didn't think much about it. After clearing the position, Gu Junhao quickly sent his delivery order to Taogu Bar, and wrote: "The second time I cleared the position of Wangsu Technology. The total funds are now just over 970,000, less than 30,000 yuan away from 1 million. I will keep working hard next month."
At the end of the day, Wangsu Technology's stock price exploded and finally closed at 81 yuan, up 7.44%, with a daily turnover of 358 million yuan.
