Chapter 5 Su Mingyu
At a university in Zhushi City, Guangdong Province, Su Mingyu was sitting at the computer desk in his dormitory, reviewing the Tong Huashun K-line chart while strolling around the Taogu Bar.
Su Mingyu can be considered to be from a family of stock speculators. Both his father and uncle are local individual investors with strong financial resources. However, unlike some hot money, Su Mingyu's father mainly makes mid-term investments. Once he sees a target he likes, he will buy it heavily and hold the position for a few years or even decades, without caring about short-term gains and losses.
The most impressive experience for Su Mingyu was when his father bought a stock and then experienced a sharp correction, at one point locking in nearly 50%. Then it experienced a super market and rebounded to double the cost, but his father did not sell it. He was a man of strong character. However, this persistence was eventually rewarded, and the stock recently had a return of nearly 5 times .
Su Mingyu has been exposed to the stock market since he was a child under the guidance of his father. When he was in junior high school, he followed his father to buy and sell stocks with tens of thousands of yuan of pocket money. Although he is not very old, he has experienced the transition from bull to bear market. Although he is not very old, he can be regarded as an old stock investor.
Influenced by his father, Su Mingyu also prefers long-term investment and right-side trading. However, unlike his father, Su Mingyu will conduct swing operations when the returns reach a certain level, so the returns seem to be quite considerable. It can be said that the disciple is better than his father.
At this moment, Su Mingyu accidentally saw Gu Minghao's post. Unlike other people's ridicule, Su Mingyu became serious after seeing the screenshot of the position.
Although the poster blurred out the stock codes and other information, the holding cost and the day's midday closing price were not concealed. Su Mingyu could tell at a glance that the stock held was Wangsu Technology.
There is no other reason. I also hold this stock, and the cost is around 36 yuan. Since I got involved in Wangsu Technology, I have been working on it all the way, so I naturally know the stock price of Wangsu Technology well.
"The stock price has quadrupled. Do you dare to go all in? Do you think Wangsu Technology has a bright future?" Su Mingyu pondered.
Su Mingyu is very familiar with Wangsu Technology and is optimistic about its concept, but he has no idea how high it will reach. According to his own judgment, the stock price has risen more than 4 times from the bottom, so it should be almost the top. His expectation is around 60 yuan, so the profit can reach nearly 70%, which is a very considerable profit in this year's market situation.
I also made a Zhongqingbao deal earlier, but it was washed out halfway. Today, the stock price of Wangsu Technology met my expectations. If it weren't for the fact that today is the first day after the holiday and I couldn't miss many classes, I should have cleared my position today.
After clearing out the stocks in Wangsu Technology, his income this year will be doubled. However, after seeing Gu Junhao's post, Su Mingyu hesitated when he thought about how he was also washed out during the rise of Zhongqingbao in the early stage.
“Is there another wave behind? I don’t know if this person is really talented or just blindly chasing high prices. Let’s wait and see for a few more days and add a follow. Anyway, I have a lot of profits and I’m not in a hurry.”
Su Mingyu also suffered from having no one to communicate with, so he hung out in Taogu Bar. There was no other way, as he was not studying finance and his classmates had no interest in stock trading. They enjoyed picking up girls and playing games more.
However, there are not many people in Taogu Bar who can communicate with me. Most retail investors like to chase rising and sell falling, and prefer to do short-term trading. They often focus on those hot stocks. The reason why I sold Feizhong Qingbao was that this stock was too popular in Taogu Bar some time ago, which led me to think that the market had come to an end.
Retail investors like to buy high and sell low. Generally, most of the stocks that are popular among retail investors are at the point where their stock prices have reached their peak. Zhongqingbao did experience a long period of adjustment below 50 during that period, which led to Su Mingyu's misjudgment.
At that time, I thought I had happily sold the stocks to retail investors and made a lot of profit. Unexpectedly, after I sold them, Zhongqingbao's price doubled again.
My own operating ideas are more focused on medium and long-term waves. Also, because of school, I don’t have much time to do short-term operations. It’s rare to see someone buying my current holdings on Taogu Bar, and it seems that his operating ideas are somewhat similar to mine.
In this way, Gu Junhao gained his first fan, but Gu Junhao didn't know it at this time. Gu Junhao had fallen asleep. Unlike the people in Guangdong Province, Gu Junhao would go to bed on time at 10:30 every night.
There is no other way. If I go to bed early, I will not be able to sleep all night if the neighbors make a fuss. But tonight the neighbors are quite quiet. I think they are tired from playing during the National Day holiday.
The next day, Gu Junhao got up as usual, had breakfast, and sat in front of the computer desk.
The market hasn't opened yet. I looked through the overnight news and didn't see anything big. I browsed Taogu Bar for a while and saw a few more comments. There was actually someone following me.
"Okay, okay, is this the opening period for beginners? But it's useless. You'll lose money in a few days."
"You can see that this guy is a leek. He started trading such expensive stocks right away, and he still has a full position. If the stock price drops to the limit, you will be stuck, and then you won't even have enough money to cover your position."
"Listen to me, brother. I don't know what the closing price of your stock is. If you can make money, just run. The current market is a market where you can make money and run. Don't even think about your 1 million."
"Come on, author of this thread, I wish you good luck." Finally there was a better comment, and it was posted by someone who was following me.
At 9:25, the call auction ended and Wangsu Technology opened slightly lower at 57.10 yuan, with a drop of 1.2%.
At 1:30 p.m., the two markets started trading. A buy order of 1,000 lots appeared in Wangsu Technology, and the price quickly rose to the flat position of 57.80 yuan, but was immediately smashed down by a sell order of 3,000 lots.
"The upward volume in the early trading session is not enough. It looks like it will have to be washed out along the five-day line. Then I will do a T as well. Now the funds are not enough, so the more Ts I can make, the better." Gu Junhao pondered.
Thinking of this, Gu Junhao quickly set a limit down price when the stock price rebounded to 57.59 yuan, cleared out his 3,400 shares, and placed an equal buy order at the five-day line price of 56.50 yuan.
Sure enough, large sell orders emerged quickly after a while, and the stock price quickly fell back to 56.38 yuan below the five-day line. At this time, Gu Junhao's 3,400 shares were also successfully traded, with an average transaction price of 56.50 yuan.
At this time, the adjustment of Wangsu Technology also ended. With the rapid rebound of the ChiNext Index, various large orders of thousands of hands emerged, pushing up the stock price.
Wangsu Technology closed at 60.60 yuan throughout the day, up 4.84%, and the transaction amount increased to 213 million yuan.
The ChiNext Index also hit a new high today, closing at 1415.83, up 2.03%, far outperforming the 0.68% increase of the Shanghai Composite Index. However, today the Shanghai Composite Index finally once again stabilized at the 2200 integer point mark, closing at 2211.77 points.
