Chapter 69: Pork Honor
The ChiNext Index hit a high of 1344.32 points near 11 o'clock and then began to pull back. Perhaps it was more affected by the sentiment of the Shanghai Stock Exchange. Funds were afraid of high prices and chose to take profits and exit. A number of hot stocks also fell.
Dafu Technology was also affected by this and opened the daily limit at 11:15 and chose to fall back. However, judging from the market, it should be because the funds actively chose to withdraw the orders on the daily limit.
Otherwise, with a limit of billions, judging from the trading volume of Dafu Technology, it is unlikely that the daily limit will be opened today.
"It's good this way. Take the initiative to cool down and avoid overheating. " Watching the withdrawal of the limit order on the daily limit board, Gu Junhao did not take any action. No matter whether the limit is reached or not today, he did not plan to do T. Anyway, there was no way to escape a big positive line.
At the closing at 11:30, the ChiNext Index fell back to 1337.12 points, above the five-day line. It is unknown whether it can hold the five-day line in the afternoon.
However, judging from the fact that the ChiNext Index should have fallen but did not today, even if it did fall today, it should rebound tomorrow. If it should have fallen but did not, then it will rise.
Dafu Technology also slipped to 23.62 yuan at the morning closing stage , up 8.59%. The overall selling pressure was not obvious after the opening.
After the afternoon opening, the ChiNext continued to decline, and a number of popular heavyweight stocks fell, affecting the index. Dafu Technology also gradually fell to the high-level fluctuation range in the early trading.
"The selling pressure is getting smaller and smaller, and there shouldn't be a big drop." After the delisting, Dafu Technology's trading volume was significantly smaller than that in the morning. It is not a big problem to increase the volume and adjust with smaller volume.
At 1:35, the ChiNext turned green again, and it could not escape the curse of the statutory decline day. However, Dafu Technology began to rise against the market trend, and now it has risen to 23.70 yuan, higher than the midday closing price.
Funds have always been like this, and it's the same principle as buying a house, buy when it's high and don't buy when it's low. Among the many stocks that have fallen back, there must be some funds that choose to flow out and enter the stronger stocks. This has caused some stocks to fall lower and lower, while some stocks have risen higher and higher.
Especially some stocks dominated by hot money, often have large amounts of funds taking over in adverse market conditions, and their prices rise to the point that you doubt your life.
At two o'clock, the ChiNext Index fell to the afternoon low and began to rebound slightly, while Dafu Technology also rose again after fluctuating at a high level.
A buy order of 3,000 lots and a buy order of 5,000 lots brought Dafu Technology back to the daily limit price at 2:27.
After the price of the upper limit fluctuated for twenty minutes, Dafu Technology returned to the upper limit again at the end of the trading day. The structure of the upper limit was weak. Dafu Technology's trading volume increased to 343 million yuan throughout the day, and its trading volume once again set a new high for the year. At the same time, its stock price also set a new high for the year.
Gu Junhao did not do any T today, but his holding of 300,000 shares also created a new high of 654,000 yuan in a single day profit. At the same time, the closing price of 23.93 yuan also made the market value exceed 7 million yuan, reaching 7.179 million yuan.
In terms of indexes, the Shanghai Composite Index opened high and closed low today, eventually closing at 2043.70 points, down 0.74%. The ChiNext Index failed to continue its morning rebound in the afternoon, eventually closing at 1326.18 points, down 0.14%.
Both markets closed in the red, but unlike the Shanghai Composite Index, where more related stocks were green than red after closing in the green, although the ChiNext Index closed in the green, individual stocks performed well today, with more than 50% of stocks closing in the red.
Dafu Technology's daily fluctuation today exceeded 12% and it closed at the upper limit. It should appear on the Dragon and Tiger list again today. We will see which funds are stirring up trouble then.
"No T today, daily profit exceeds 600,000, and market value exceeds 7 million, both new highs. Congratulations to myself." Without waiting for the release of the Dragon and Tiger List, Gu Junhao directly took a screenshot of Dafu Technology's post and left a message.
At 5:30, after the data of today's Dragon and Tiger List was updated, Dafu Technology was indeed on the list.
"I haven't heard of Buy 1, but he bought more than 36 million, which is also a big deal. Buy 2 is Zhu Rourong, who also bought more than 25 million. The 10,000 lots today should be one of them."
Buying positions three to five were all occupied by hot money, and selling positions were all occupied by hot money, except for one institution selling more than 5 million shares at selling position five. It seems that today's market was dominated by hot money. I didn't see Longjing Road, and I don't know whether he had left or not.
"The second buyer is Zhu Rourong. This guy doesn't have a very good reputation. There probably won't be much demand tomorrow." I don't know if he has started taking over the business yet.
Looking at the data on the Dragon and Tiger List, Gu Junhao couldn't help but fall into deep thought. If the market was not dominated by institutions and hot money was not fully involved, then he would have to lower his expectations for Dafu Technology accordingly.
However, the full involvement of hot money is not without its benefits, that is, stock prices tend to strengthen quickly and form a wave of trends.
Of course, there may be a second rise, but Gu Junhao does not want to participate in the second rise. There is no great significance in the high-level game of big funds.
"My original expectation was about five times, which means the stock price is around 50 yuan. It seems that I have to recalculate this time."
After analyzing the trend , he said: "Last month's closing price was 19.42 yuan, and this month's rise also started from this position. If you want hot money to continue to take over, there must be a doubling of the market. 38.82 yuan should be the high point of this month, and it is almost time to clear the position around this point."
I will no longer do T in the future, so as to avoid being on the Dragon and Tiger List by accident, which would attract too much attention.
However, if it can reach the price I expected, then the market value of this stock after clearing out the inventory will be over 10 million. If I'm lucky, it can be achieved this month. Hot money is so violent.
From this perspective, it is not without benefits for hot money to take over. At least it buys you a lot of time to do the next target you want to do.
"Let's do it this way. Clear all the stocks at around 38 yuan." After reviewing the market for a while, Gu Junhao decided.
The same day, the 4th, Friday, is the last trading day of the week and also the last trading day before the Qingming Festival holiday. The next trading day will be on the 8th.
On the last trading day before the long holiday, both markets rebounded, which brought some comfort to investors.
The Shanghai Composite Index opened low and ended high today, closing at 2058.83 points, up 0.74%. It fell 0.74% yesterday and rose 0.74% today, which is speechless enough.
The ChiNext Index also opened low and ended high, continuing yesterday's rebound, and finally closed at 1346.74 points, forming a bald positive line, up 1.55%. Judging from the trend, there should be a small-scale rebound.
As Gu Junhao expected, there was no big market trend for Dafu Technology today. There was no other way. Zhu Rourong was in the business of taking over the stocks. He only followed the market trend within a day and would leave even if it hit the limit down and he would sell at a loss.
Today, Dafu Technology's trading volume was the same as yesterday, reaching 348 million yuan, and its stock price finally fell 1.67% to close at 23.53 yuan.
"It seems that some of the hot money that came in yesterday has run away, but such a large volume can be taken up, and there is no big drop. It seems that new funds have come in."