Chapter 84: How to Sell Stocks
The Shanghai Composite Index continued to fall and approached 2,000 points, and the ChiNext Index ended its four consecutive negative trends. The market trading this week was gloomy and tragic. Countless investors in the two markets suffered huge losses, but the holders of Dafu Technology were not among them.
Today, the statutory decline day, it is leading the two markets with a posture close to the daily limit, becoming a star among the few red stocks in the market.
Gu Junhao was naturally one of the people who benefited the most. With a 9.31% increase, his daily profit exceeded one million for the first time, as if he had returned to the era of his previous life when he could buy a house a day.
"Huh? There is actually a Dragon and Tiger List today?" At half past five, Gu Junhao, who was reviewing the Dragon and Tiger List data as usual, actually saw that Dafu Technology was also on the list.
In theory, Dafu Technology did not have a daily limit today and its amplitude was less than 10%. If the market conditions were good, it would not have to be on the list. Although the condition for being on the Dragon and Tiger list is that the daily increase deviation value reaches 7%, it is possible that it will not be on the list if the market is good.
"All the buying and selling are done by hot money." Gu Junhao sighed as he looked at the Dragon and Tiger List data.
There are many well-known hot money investors in today's buying seats, and their strength is not weak. The top three buying seats are Yutian Road in Shanghai, Meihu Road in Xiamen, and Rainbow North Road in Ningbo, all of which are frequent visitors on the Dragon and Tiger List.
Among them, Ningbo Rainbow North Road is the most famous. There are rumors in the market that this is the seat of a certain hot money boss, but his net purchase amount today was less than 9 million, which is not a big deal.
The seller of one seat is also a well-known tycoon, from the Shenzhen Hongling Middle Road Sales Department. Today, he sold 33.8571 million yuan. The sales amount is so high that I really don’t know when he lurked in.
"The big guys are all here. It looks like the mood has reached its climax. We have to keep an eye on the shipment."
Today, the net buying difference of the Dragon and Tiger List is more than 100 million, which means that more than 100 million chips have flowed into funds outside the Dragon and Tiger List. Among them, there must be many retail investors, and the chips have begun to loosen.
However, the current trend seems to be intact, and there is no sign of large-scale shipments for the time being. The main should want to ship out in steps and gradually realize platform shipments through me.
This method will not cause too much fluctuation in the stock price . Short-term funds that follow, such as some hot money that do overnight transactions, can also make profits in the process, making it more convenient for the main funds to ship out.
Generally speaking, there are four ways to sell stocks: sideways, oscillation, step, and suppression. Of course, there are also four ways of selling stocks that can be combined with each other.
Different shipping methods also reflect the different styles of various funds. As for which style is more ideal, it is not possible to generalize.
But no matter what, the way the Wencheng Gang ships goods is always the most disgusting, which is also one of the reasons why they were hit later.
If we look at it from the perspective of shipment, it is very likely that Dafu Technology is currently shipping for the first time before the rise. In the later period, there should be a process of fluctuating upwards until the main funds are completely shipped.
Therefore, the price of around 50 yuan as expected by Gu Junhao and Su Mingyu is not impossible, but Gu Junhao does not want to wait until the final stage to ship the goods.
There are some differences in the operation methods between large funds and small funds. Small funds can be sold at any time, and it is easy to clear the positions with one click, but it is not so convenient for large funds.
If something unexpected happens and the trading volume cannot keep up, it will be more troublesome to sell all the stocks at the end of the market.
Of course, with Gu Junhao's current capital of tens of millions, this problem does not exist. The reason for this decision is more due to new considerations.
"Today's closing price is still about 15% away from my expectation. There are still four trading days in this month, and I don't know if it can be achieved."
After reviewing the market, Gu Junhao muttered that according to today's trend of accelerating volume, another 15% increase would not be impossible. It would be even faster if there were more aggressive hot money.
Friday, April 25th, is the last trading day of the week.
On the eve of the opening, Guanghui Energy in the Shanghai Stock Exchange attracted a lot of attention and released the first A-share preferred stock plan. It is expected to raise 5 billion yuan in funds by issuing preferred stocks to the market. The dividend rate of preferred stocks shall not be higher than the company's average annual weighted return on net assets in two fiscal years.
According to past data, Guanghui Energy's net asset returns in 2013 and 2014 were 8.95% and 8.77% respectively, which is quite attractive.
However, Gu Junhao does not think that this will bring any substantial benefits to the stock price. Instead, it can be considered as a negative factor.
Let’s not talk about whether 5 billion yuan of funds can be raised. After all, it is not a small amount. Even if it is successfully raised, it will not have much to do with retail investors, and the stock price will be under pressure.
When they can get such a high dividend rate, why should big funds with connections compete with small retail investors in the secondary market? Some of the funds will even flee to apply for preferred shares.
After the call auction ended, the two markets had mixed gains and losses. The Shanghai Composite Index opened slightly higher at 2060.54 points, but was still suppressed by the 60-day line.
Despite the breakout, the ChiNext Index still opened low at 1316.37 points. Dafu Technology opened flat at 33.58 yuan, while Guanghui Energy, the star stock in the market today, opened nearly 2% higher.
After the official trading started, Guanghui Energy attracted a lot of attention, and its stock price rose rapidly, once rising to more than 9.5%, but ultimately failed to hit the daily limit. The stock price showed a fluctuating downward trend, and capital outflow accelerated significantly.
Guanghui Energy's surge lasted only five minutes. After 9:35, the stock price quickly fell below the yellow moving average of the day. On the trading page, large orders of tens of thousands of shares were continuously sold.
"The volume is too large. So much money is fleeing. This isn't a popular industry. Those who entered at the high point today are in trouble."
I have the impression that this stock did not have any significant performance in 2015. It did not perform well until 2021 when it fell to around 2 yuan and caught up with the new energy boom.
However, with the current high point of over 8 yuan, it should not be difficult to get out of the market or even make money by 2015. After all, the market will be generally rising at that time.
At the beginning of the opening, Gu Junhao was not in a hurry to check the market of his holdings in Dafu Technology, and he did not plan to do T. The rest was basically just waiting, and he would directly sell all his shares when his expected price was reached.
If the stocks of traditional industries fail to catch the trend, the process of being trapped will be very painful, just like the two oil giants.
If the funds that took over Guanghui Energy at today's high point did not escape in time, and the stock price really fell to more than 2 yuan, I would probably collapse.
However, this is just Gu Junhao's own guess. If the funds are recovered, the trend will be different.
The reason why Gu Junhao was not optimistic about the trend of Guanghui Energy, in addition to analyzing the trading quotation, was probably also due to preconceived ideas.
After watching Guanghui Energy's performance for half an hour, Gu Junhao lost interest and returned his gaze to the interface of Dafu Technology.