Chapter 94 Before Dawn
At 1:00 p.m., trading began and Dongfang Fortune slowly fell back. Ten minutes later, the stock price was reported at 18.55 yuan, which was still 0.12 yuan away from the intraday yellow moving average.
However, there were still more buy orders than sell orders on the market, and it seemed difficult to return to this position. Three minutes later, a buy order of 1,000 lots pulled the stock price back to the midday closing price.
"It seems that it will be a bit difficult to fall below the price of 18.60 yuan." After observing the trend for half an hour, Gu Junhao also noticed this.
After half an hour of adjustment, although the volume of Dongfang Wealth was reduced compared with the morning, buy orders of more than 500 lots appeared from time to time on the trading page, and trading was very active.
"Forget it, I won't wait any longer, I'll just increase my position directly." After thinking about it, Gu Junhao decided to buy it back at the current price. The current price is 18.62 yuan, and he will buy as many chips as he can on the market.
The index has stabilized. It's the last day of the month, so people have to have a meal. There shouldn't be any major surprises today.
Under active trading conditions, adding positions was still very smooth, but Gu Junhao only added 1,600 lots of nearly 3 million yuan of funds, and the remaining 4 million yuan of funds were transferred out, so at this time Gu Junhao's account returned to a full position.
The total cost of Dongfang Wealth was 4,600 lots, at 17.67 yuan, which was almost 50 cents higher than the previous 3,000-lot position.
"Damn, all the interest rate talk this morning was in vain." Gu Junhao said depressedly. The purchase price was more than 1 yuan higher than the opening price. 1,600 lots meant 160,000 yuan.
As expected, Dongfang Wealth never fell below the price of 18.60 yuan. After it last touched the price of 18.60 yuan at 1:54, funds continued to pour in, with large orders of 1,000 and 2,000 lots or more. The stock price returned to its morning high at 2:10.
Dongfang Fortune reached a maximum price of 19 yuan throughout the day and finally closed at 18.90 yuan, up 7.39%. At the same time, the trading volume increased to 382 million yuan, 274 million yuan higher than yesterday's 108 million yuan, with an obvious trend of increasing volume.
In sharp contrast to the surge in Dongfang Wealth's trading volume, the Shanghai Composite Index's trading volume was close to yesterday's, continuing to remain below 60 billion, and finally rose 0.31% to close at 2026.36 points. The ChiNext continued to shrink in volume to 13.6 billion in trading volume, closing at 1283.21 points, up 1.32%.
More stocks rose than fell in the two markets. Following yesterday's victorious rebound in the defense of 2,000 points, the index closed in the green again, showing a trend of two consecutive positive days, which finally gave investors some comfort within the last two trading days of April.
"Well, the market is closed. I can have a good rest for a few days." After the market closed, Gu Junhao leaned back in his chair and lay comfortably for a while.
There is no rush to resume trading. The May Day holiday is coming up and the market will not open again until the fifth of next month. During the four-day holiday, I discussed with Zhang Yiru at noon where to go for fun.
"We need to set up the company's main framework as soon as possible to facilitate the issuance of private equity products." There are many things to prepare for setting up a company, especially a company focused on financial investment, so the next month will be busy.
The first is the registered capital. To register a securities private equity fund, the registered capital must be 10 million yuan, and the paid-in capital must be at least 2.5 million yuan. For the remaining 7.5 million yuan, you only need to provide supporting documents to prove your ability to invest. There are no major problems in this regard.
Currently, my assets including stocks, cash, real estate and cars total about 17 million, so it is no problem for me to handle the company registration issue.
But we are still short of money. Company registration is just the most basic. Every item thereafter costs money. The office space cannot be too shabby, so as not to be disliked by investors. There must be at least 5 full-time employees, legal opinions, and a registered website.
Private equity cannot be promoted publicly, otherwise it will violate regulatory laws. This is why I asked those who are interested to send me a private message in the post before. I haven’t established it yet, so can I talk about it, okay?
Although this makes some sense, there is nothing that can be done about it. I don't have enough connections now, and the only connections I have may be the tens of thousands of fans in Taoguba. If I don't promote it now, it will probably be more difficult later.
After raising funds, you still have to find a PB service provider, which is another expense. Combined with the company's subsequent specific operations, the basic operating expenses of a minimum-equipped private equity fund will be more than one million a year.
After this calculation, although the money on hand is enough, it is still tight to spend. However, he has to keep doing it no matter how difficult it is. If he does not expand his network step by step through private placement and make more friends, Gu Junhao is afraid that one day he will have to operate a sewing machine.
Unless you can decisively withdraw from the stock market after this bull market, and live a low-key life with enough profits for you to live a comfortable but not conspicuous life, that would be just returning to your previous life. What's the point?
In 2015, I was only 24 years old. If I started to lie down and do nothing at the age of 24, what would be the meaning of my life in the next few decades?
"I still have to hurry up and make money." Gu Junhao . He thought he was already a rich man, but as soon as he started a business, he felt like a poor man.
No wonder entrepreneurship is listed as the number one wasteful industry on the Internet. In the case of a certain motorcycle company, the boss's son spent his days in debauchery, with luxury cars and beautiful women. Although the company was not as good as those in the automobile industry, it was also run well. When his daughter returned from studying abroad, she made some reforms and the company went bankrupt.
Forget it, forget it. I don’t want to think about it anymore. If I keep thinking about it, I won’t be able to open the company. I’d better review and summarize this month’s trends.
The market rose in the first half of this month and fell sharply in the second half. The Shanghai Composite Index closed with a monthly cross-line for the second consecutive month, opening near 2000 points and closing near 2000 points. Although the decline for the whole month was only 0.34%, the upper shadow line was much longer than last month.
There is nothing to say about the trading volume. The total transaction volume for the whole month was just over 1.6 trillion. In later times, this would be about the volume of one day, right?
The market fell from a high of around 2146 points in the middle of the month to around 2026 points at the end of the month, a drop of 120 points. For some people who chased high prices, they suffered heavy losses, especially the six consecutive positive trends at the beginning of the month. However, many experts and big Vs came out to sing praises of the market at that time.
The ChiNext Index also experienced three consecutive negative trends at the monthly level, but from the overall monthly trend, it is still better than the Shanghai Composite Index. Although the monthly decline was 3.36%, which is much higher than the Shanghai Composite Index, but looking at it from a longer-term perspective, the ChiNext Index monthly line has been rising since 585 points at the end of December 2012, and has already developed a perfect trend similar to that of individual stocks.
It is a bit like the trend before Dafu Technology was launched. Although the index has fallen for three consecutive days, it has not broken the trend line. If it can recover next month, it will still be within the bullish trend . There is every reason to continue to be bullish.
But no matter what, April's market ended in a dismal way, especially the continued sell-off in the second half of the month. However, under such a weak market, there are still some stocks that performed well, and Dafu Technology, which Gu Junhao previously held, is among them.
The stock with the highest increase in April was Yingji Media, which was listed through a backdoor listing. Its share price doubled that month. With a suspension of half a year and a continuous flat trend after resumption, it is unlikely that retail investors will make much money.
And judging from the trend, this stock, which was called Gaojing Food before it was suspended, has hit several daily limit ups in a row. It is very likely that insider funds got the information. However, this stock seems to have ended up being delisted in the end.
Dafu Technology ranked second with a monthly increase of 93.10%. Today, Dafu Technology rose to a maximum price of 38.80 yuan, which was close to Gu Junhao's estimated price of 38.82 yuan this month. However, it finally closed at 37.50 yuan, down 1.08% on the last trading day of the month, and failed to double within the month.
Except for some newly listed stocks, the top ten stocks in the list of rising stocks after Dafu Technology are all related to the restructuring concept sector, either acquiring companies, or listing through backdoor listings, or having restructuring expectations.
The restructuring concept can be regarded as the only bright spot in the market this month. Among the top ten stocks with the highest monthly growth, Dafu Technology is the only concept stock that has soared thanks to its performance and its own concepts.
After reviewing the situation to this point, Gu Junhao couldn't help but sigh at his good luck. Although he was a reborn time traveler, it was not impossible for him to remember the stock trends of all the stocks in the market.
I had never been involved in Dafu Technology before, and I chose it entirely based on my own trading experience. The same was true for Wangsu Technology before, but at that time, the overall trend of the ChiNext was upward. Even if I chose the wrong stock, I should not have lost much money.
However, this was not the case during the one and a half months that Dafu Technology held the shares. The overall market fell a lot, and if things had not gone well, the losses would have been huge.
That is now. After a large number of new stocks are listed, Gu Junhao will try his best to avoid small-cap stocks such as XX Technology and XX Shares. Especially at a certain stage, small-cap stocks named XX Shares are the favorites of the Wencheng Gang. This type of stock does not require much capital to control and is easy to pull up.
Of course, Gu Junhao will also buy some stocks with good concepts and performance. This kind of thing cannot be generalized, but you still need to be extra careful when buying such stocks.
Of course, I won’t invest heavily, but it’s nice to make a little money to try it out.
The trend before the bull market started was so despairing. Gu Junhao had experienced this in 2018 in his previous life. At that time, the market fell so much that it was despairing. Many stocks were cut in half again and again, including many excellent individual stocks. Most of the stocks had fallen below their normal valuations.
When the mood reaches extreme pessimism, it is also the time to buy at the bottom. It was during that year's big bottom-fishing that Gu Junhao allowed his funds to completely take a big step forward. From then on, he could be called a big retail investor.
The trends in the first quarter of this year, including April, are somewhat similar to those in 2018. However, market sentiment has not yet reached extreme pessimism at this time, and I believe there will still be another wave of fluctuations.
It is often darkest before dawn, but dawn will eventually come.
