Chapter 53 Clearing Out Wangsu Technology
On Sunday, Gu Junhao and his four friends still did activities together, mainly taking Su Mingyu to visit Ningbo. Since they came all the way here, they had to do their best to play the role of host.
As for Liu Ruihuan, seeing that Gu Jun and Zhang Yiru decided to take Su Mingyu out for some fun, she joined in as well, under the pretext of introducing Ningbo City to the little brother who came from afar. Her generous personality made her not annoying at all.
Actually, there is nothing fun to do. The weather is still quite cold and there are not many places for outdoor activities. However, it feels good to have a group of four people playing together.
Su Mingyu was also very happy. This time he not only met his long-time friends online, but also got to appreciate the scenery of another city.
The short weekend passed just like that. Before parting, Liu Ruihuan reminded Gu Junhao to remember to tell her next time he buys new stocks. It was a pity that he missed out on Wangsu Technology this time, and he must not miss it again next time.
"Actually, you don't have to follow me to buy. I'll tell you a code, Dongfang Wealth. Buy it at around 10 yuan. After buying it, hold it for a year or two. You don't have to look at it." Gu Junhao also said with a smile.
"Are you sure?" Liu Ruihuan asked doubtfully.
"Well, I'm sure. Remember one thing. If you don't know what to buy, buy Dongfang Fortune. You don't have much time to look at it anyway. Just buy it and put it aside."
"Okay, I'll remember that. I'll take a look at it later."
Nothing happened that night. The next day was Monday, February 10, 2014.
Gu Junhao brought his computer to the hotel where Su Mingyu was staying. Yesterday, the two agreed to clear out their inventory together, but Gu Junhao's current rental place was not convenient enough, so a hotel would be better.
"There's nothing much to say today, just clear out the inventory. I set the selling price at this price, and you can decide based on the opening price." Gu Junhao said to Su Mingyu before the call auction began.
At 9:15, the call auctions of the two markets began. Wangsu Technology hit the daily limit on Friday. Today's call auction became the focus and funds rushed to buy shares as soon as it started.
During the ten-minute call auction, funds were constantly gambled. At 9:25, the call auction ended and Wangsu Technology opened at 135.10 yuan, just one cent away from the ten-fold limit at the lowest point.
"Looking at the opening price, there should be a good surge today, but it will probably crash as soon as it opens. The hot money in Shanghai only does one-day trading, and he bought so much on Friday." After observing the trading volume in the call auction, Gu Junhao said to Su Mingyu.
By the way, I put my 40,000 shares of Wangsu Technology at 135.20 yuan. It opened at 135.10 yuan, so I only raised the price by 1 cent. I could sell them at any price.
After setting the price, Gu Junhao ignored Wangsu Technology and switched the interface to the ChiNext Index and his newly selected target, Dafu Technology.
The ChiNext Index opened higher today, opening at 1536.99 points, continuing to create a new high. Market sentiment was further boosted, and the new target Dafu Technology also opened higher, opening at 17.07 yuan.
"Okay, I'll take a look at the market too. It doesn't matter what the price is. I'll learn from it. Even if I can't get a high price, I'll sell it at the end of the market."
Su Mingyu looked away from his computer and saw that Gu Junhao had switched to a new stock interface. He couldn't help but ask, "Brother Gu, is this the new stock you selected?"
"Well, let's observe first, but don't buy today. I don't know much about its stock characteristics yet, so I'll get familiar with it first. In addition, the ChiNext Index is also at a high level, and it opened higher today. It can be said that the sentiment is about to reach its extreme, so you should be careful."
"Well, okay, I know. If you want to make someone destroy, you have to make them crazy first." Su Mingyu also nodded.
At 9:30, trading officially began. Wangsu Technology briefly surged upward, reaching a new high of 135.82 yuan. However, it quickly fell in less than two minutes, and large orders were sold quickly.
"It's broken, Brother Gu, look." Su Mingyu said in surprise.
Gu Junhao was observing the ChiNext Index and Dafu Technology at this time. The ChiNext Index was still in the process of rising, and Dafu Technology also rose slightly, with its share price hitting a year high of 17.42 yuan, but the increase was not large.
Hearing this, he turned to look at Su Mingyu's computer interface, and saw that large orders of thousands of lots were being quickly placed on the trading platform of Wangsu Technology.
"Looking at this order, it's most likely the buy one on Friday. This guy has no pattern at all. But it looks like it's OK to take over now, and it should rebound soon. Since you haven't sold it, just wait a while."
Wangsu Technology has fallen below 134 yuan at this time, and the trading time has only been five minutes so far.
Looking at my own account again, 40,000 shares of Wangsu Technology were successfully traded at 9:31, and the account was already in a short position at this time.
After thinking about it, Gu Junhao sent a screenshot of his delivery note to Taoguba: "Wangsu Technology officially cleared its position today and will not buy it back. It sold at a rather interesting price of 135.20 yuan, which is exactly ten times the lowest price."
Sold at 135.20 yuan, 40,000 shares, 5.408 million yuan in funds. The investment of 190,000 yuan plus the financing of 800,000 yuan plus the interest on the financing, is calculated as 1 million yuan in total investment. Including the funds withdrawn twice, the total amount of funds received is 6.3 million yuan.
From building a position, adding positions through T, holding until today's liquidation, Gu Junhao made a profit of 5.3 million on the stock of Wangsu Technology in just over three months.
"Oh my god, Brother T posted so early today? Damn it, I haven't even started looking at the market yet."
"Brother T actually cleared out his stocks so early in the morning? What's going on, brothers?"
"Those who understand Brother T's Law of Clearing Out Stocks will understand..."
"I finally see Brother T clear out his positions, I feel relieved. It was so painful to watch Wangsu Technology go up after I sold all my shares. The price that Brother T sold at was really a bad taste. According to Brother T's level, he could definitely sell it at a higher price." This was said by Brother 68. He has been shorting his positions recently and has been hanging out in the stock forum every day.
"Brother T has cleared out his holdings in Wangsu Technology. I wonder if he has any new targets. I will definitely follow him next time..."
"Let's observe for a while first. The new target is under observation . For now, we'll keep the position empty for a while. However, new posts will be opened for new targets." Seeing this reply, Gu Junhao also commented at the right time.
At this time, the ChiNext Index had already started to fall from a high of 1543 points at the opening, which was regarded as the start of an intraday adjustment. Wangsu Technology also fell to near the flat price, and the new target Dafu Technology had turned green.
"Will the index plunge?" Su Mingyu couldn't help but ask when he saw that Gu Junhao was relatively relaxed. There were not many opportunities to learn face to face, and he would be going back tonight.
"The jump is also an intraday jump, it will be pulled up, the trend has inertia, this morning pushed the mood up, unless the mood cools down, there will be no problem with an intraday rebound."
"This is probably the power of trends, right? Is this also true what Brother Gu said about Wangsu Technology having a surge?" Su Mingyu said suddenly.
"That's right. There are always some people who are not afraid of death and want to take a gamble. These people don't think about how long they will hold on to the stock, nor do they have any profit expectations. They just think they can do it if they can."
At ten o'clock, the ChiNext Index began to rebound when it fell to a low of 0.5%, and the index quickly pulled up. At the same time, there were large bottom-fishing orders for Wangsu Technology, which quickly pulled up the price from the green plate of 132 yuan.
The index quickly turned positive, completing the intraday adjustment. Wangsu Technology also rebounded quickly. After 10:10, it rose twice in a row to a historical high of 138.48 yuan.
"You can almost sell it. It has risen twice in a row, each one weaker than the last. The volume can't keep up with the previous high. It's going to fall back." Looking at the trend of Wangsu Technology, Gu Junhao also reminded Su Mingyu.
"Okay, then I'll clear my position too. Haha, I actually sold at a higher price than you, Brother Gu. I'm lucky. The trend before ten o'clock was pretty scary."
He placed the order at a lower price and chose to clear the position with one click. Su Mingyu also sold out his 12,000 shares of Wangsu Technology at 138 yuan, raising a total of 1.656 million yuan, and his personal funds also reached a new level.
The two of them were more relaxed in the following market watching process. Without the pressure of holding positions, they just watched the performance of Wangsu Technology and the index.
The ChiNext Index closed at 1553.42 points throughout the day, up 1.35%, igniting market sentiment to the extreme. The Shanghai Composite Index also closed with a big positive today, closing at 2086.07 points, up 2.03%.
Both markets rose sharply, and the profit effect was obvious in the two trading days after the New Year. However, Dafu Technology performed generally today, fluctuating weakly throughout the day, and finally only rose slightly by 0.53%, closing at 17.14 yuan.
"It looks like we'll continue to see a big rise for one day, followed by a few days of adjustments, and then we'll see."
Throughout the day, Wangsu Technology closed at 134.01 yuan after creating a new high of 138.46 yuan, more than ten times the increase. The intraday increase was 1.28%. The K-line pattern was a high-level cross negative line. The trading volume also increased compared with the previous trading day's daily limit, with a total transaction volume of 465 million yuan.
"There is no need to look at Su Technology in the future. The previous trading day, the volume was reduced and the price and quantity could not rise together. Today, there was another negative line with large volume. It is basically the end. Even if it rises in the future, it will not rise much. I don’t know when it will adjust. However, it has increased tenfold, which can be regarded as completing its mission in this round."
After the market closed, Gu Junhao analyzed to Su Mingyu that today was a rare day for Su Mingyu. During the day's communication between the two, Su Mingyu also learned a lot.
From the trading volume in the call auction to the intraday market language and his judgment of the general trend, Brother Gu doesn't look like a newcomer who has only been trading for a few months. Just as he said, his sense of the market is very strong and there is really no comparison.
"Maybe this is the so-called big boss?" Although Brother Gu does not have much capital now, Su Mingyu firmly believes that Brother Gu will become a big boss. He is much luckier than the netizens in Taogu Bar to have such an opportunity to learn in person.
"Let's go. I'll take you to the airport. We don't know when we'll meet next time." After packing up, Gu Junhao said to Su Mingyu.
