Chapter 86: Taboos in Buying Stocks
"Oh, there are two sets of Dragon and Tiger list data today?" Today, Dafu Technology actually has two sets of data on the Dragon and Tiger list. One set is released based on the reason that the three-day cumulative deviation value of the securities has reached 20%, and the other set is released based on the reason that the deviation value on the day has reached 7%. The last time this happened was on the 3rd of this month.
It is relatively rare to see two sets of Dragon and Tiger list data in one day, but Dafu Technology actually appeared twice within a month.
However, since two Dragon and Tiger lists have been given, it will be possible to observe the movements of the main funds more intuitively, which is a good thing.
This is the fifth time that Dafu Technology has been on the list since March 28. It has appeared on the Dragon and Tiger list five times within a month. Even in the hot trading market, it is considered a star hot stock, let alone the current market situation.
First, let's look at the three-day cumulative rankings. Buying one, Meihu Road in Xiamen, increased its holdings by 27.54 million yuan, while buying two, Yutian Road in Shanghai, did not increase its holdings. Combined with the next set of Dragon and Tiger rankings, it seems that the positions were cleared. Buying three and four, the hot money slightly increased its holdings, and buying five, Ningbo Rainbow North Road, should also have been cleared.
The biggest highlight in the three days was Shenzhen Hongling Middle Road, which ranked first in sales and sold a total of nearly 40 million yuan. It is not known whether it was a profit-taking and liquidation, or only a part of it was sold. The boss’s mind is hard to guess, but the outflow of 40 million yuan is definitely not a small amount.
The hot money seats that sold second to fifth were also almost clearing their positions. Each person sold from 30 million to 20 million. Together with the institution that sold fourth in the second set of data, overall, Dafu Technology has seen an outflow of as much as 130 million from the Dragon and Tiger List in recent trading days, not to mention some funds that were not on the list.
The trading volume has swelled to more than 600 million today. You should know that the minimum requirement to make the list is more than 10 million. It is no longer the era when a few million would be enough to make the list. Even if Gu Junhao cleared his inventory today, he could only rank fourth among sellers.
"The chips are really starting to disperse. The first wave of adjustments should be coming soon." So much outflow of funds has been caught up. The power of retail investors should not be that strong. It is estimated that there are other large funds that want to take over the market and slowly lurk to absorb chips.
Even though the funds cannot be seen now, today's Dragon and Tiger List will definitely not be the end of Dafu Technology in the near future. There will definitely be more Dragon and Tiger Lists in the future, and by then we will know which funds they are.
It seems that it is better to sell it next week. It would be even better if there is a chance of a surge. The trading volume has increased to as much as 600 million, and the chips have begun to disperse. Although all the profits are in my hands, if the adjustment is a direct limit down, it would be very painful.
Dafu Technology is about to be liquidated, and Gu Junhao has also set his sights on his next target, Dongfang Wealth. Dongfang Wealth released its performance forecast on the 10th of this month, and it is expected to make a profit of between 15 million and 20 million in the first quarter, turning losses into profits in the same period. It also released a formal performance announcement today, with a profit of nearly 18 million in the first quarter, which is in line with expectations.
There is no doubt about the performance of Dongfang Wealth. Although it fell 5.65% today due to the influence of the ChiNext Index, the stock price is also at 17.19 yuan, which is far from the 10 yuan that Gu Junhao remembers.
"Did I remember it wrong?" Gu Junhao couldn't help but feel a little confused. The official first quarter performance report was out. Not to mention his Internet finance concept and the hard conditions such as the securities broker's license, even the two famous Tibetan Mastiff business departments in his previous life had contributed more than the current quarterly profit to him.
The ChiNext Index has also fallen below 1,300 points, and it can't fall any further. Gu Junhao has always believed that 1,200 points is the iron bottom of this bull market. It has not fallen below this position in previous rounds, and it is currently less than 100 points.
With the price less than 100, it is almost impossible for Dongfang Wealth to drop from 17 yuan to 10 yuan. I don’t know if there is something wrong with my memory. I must observe carefully next week.
Even a time traveler cannot remember everything. Gu Junhao can only remember some star stocks in the bull market and their general trends. It is impossible for him to remember the trends of thousands of stocks in the two markets. This is one of the reasons why Gu Junhao does not want or dares not to follow the one-day limit-up market like some hot money.
If someone can remember all the stock trends, he can't be called a time traveler. This is totally unreasonable. If he can really remember them, then he should have a built-in system as described in the online articles.
If you are unlucky when doing short-term trading and come across a stock that you are not familiar with or do not understand, and you buy it and get a black swan, you will be in big trouble. Don't say that such a thing is impossible to happen. Stock trading is quite dependent on luck. When you are unlucky, it is useless to buy anything.
For those stocks that are traded short-term, except for some stocks with a reversal in fundamentals and those that catch up with major market concepts, it is basically unlikely that they will last for a long time. Moreover, these stocks have one thing in common, that is, their performance is really not that good, which is commonly known as the black five categories.
During the bull market in 2015, social media influencers emerged in large numbers like mushrooms after a rain. These people boasted about all kinds of things, and most of them were not trustworthy. However, among them there was a man named Li Dazui who claimed to be a die-hard bull, although Gu Junhao often teased him.
However, I still support his call for on-site investors not to buy the black five categories and to embrace blue-chip stocks with good performance. If you look back at the bull market in 2015, blue chips were basically at low levels at that time. If you really listened to him and invested in blue-chip stocks for a while and were able to hold on, you should have a comfortable life in the next few years.
On the contrary, those who bought the black five categories of stocks will have no hope of getting out of the predicament. In his previous life, Gu Junhao once saw a person in a group posting his holdings. The screen was full of green black five categories, which was truly magical. He held almost all the famous black swan stocks in the market, and bought them all at high prices.
For example, stocks like Pitupi and Huiqiu Technology are all well-known scam stocks. A total of nearly two million yuan was lost, which really blinded everyone's eyes. I don't know how this guy bought them. He actually had a lot of black swan stocks in his hands. The probability is really unbelievable .
Fortunately, this guy is a wealthy man. He has less than two million yuan, so it doesn’t affect his life. But if someone who has little assets or even borrowed money to invest in stocks buys this kind of stocks, what will be the result?
Therefore, in Gu Junhao's opinion, although Li Dazui's mindless bullish behavior is not desirable, some of his words are actually good reminders, which are better than those big Vs who are wholeheartedly defrauding people.
Regardless of whether you can understand the trend when investing in stocks, you should never buy companies that are constantly losing money, let alone companies with a bad reputation.
