After the two little mythical beasts got tired of playing, Yuan Sheng and Zhang Sheng went to a restaurant near the park for dinner.
While waiting for the food to be served, Zhang Sheng was very curious: "I heard that Goodix had developed human iris technology in the early days of its listing. It was unique in the world at the time and ranked number one in the world. Why did it keep falling after it opened the daily limit?"
Yuansheng said, let’s see how many chips were traded before it opened the daily limit:
Transaction on the first day: 400,000 yuan.
Transaction on the second day: 120,000 yuan.
Transaction on the third day: 150,000 yuan.
Transaction on the 4th day: 580,000 yuan.
Transaction on the 5th day: 420,000 yuan.
Transaction on the 6th day: 2.02 million yuan.
Transaction on the 7th day: 1.64 million yuan.
Transaction on the 8th day: 1.38 million yuan.
Transaction on the 9th day: 3.78 million yuan.
Transaction on the 10th day: 4.77 million yuan.
Transaction on the 11th day: 12.54 million yuan.
Transaction on the 12th day: 11.34 million yuan.
Transaction on the 13th day: 6.61 million yuan.
Transaction on the 14th day: 9.36 million yuan.
Transaction on the 15th day: 36.52 million yuan.
Transaction on the 16th day: 36.52 million yuan.
Transaction on the 17th day: 48.58 million yuan.
Transaction on the 18th day: 111 million yuan.
Transaction on the 19th day: 413 million yuan.
On the 20th day, the transaction volume was 166 million yuan.
Among them, the cumulative transaction volume on the first 19 days was 664 million yuan.
We all know: 7 daily limit can double the price. Therefore, the chips purchased in the first few days can change from 1 to 2, and then to 4, which is equivalent to making several times the profit.
Marx said that once there is appropriate profit, capitalists will become bolder. If there is a 10% profit, he will be used everywhere; if there is a 20% profit, he will be active; if there is a 50% profit, he will take risks; for a 100% profit For profit, he dares to trample all human laws; for 300% profit, he dares to commit any crime, and even risk hanging.
Big funds use the VIP channel to queue up to buy a certain amount of chips every day from the first day the new stock is listed, and continue to queue up at the daily limit on the first day. In this way, the chips previously queued up to buy will earn 10% every day. On the 20th day, how many chips will there be? A 10% profit?
Many interest groups do not like the registration system. If the registration system is implemented and the new stocks rise or fall casually on the first day, they will not be able to enjoy the 10% profit every day...
Let’s take a look again. From the first to the 20th day, Goodix traded a total of 830 million yuan in chips. On the 21st day, it finally failed to open at the daily limit and only opened 4.11% higher. The opening transaction was 450 million yuan, and the second order transaction was 190 million yuan. The cumulative transaction volume of the first 7 orders was 757 million yuan. It can be understood that the 830 million yuan chips that were queued up to buy were sold crazily in the first 7 orders (they were profitable anyway), resulting in the 8th order being already green, so smart people queued up to buy. The funds will sell crazily to protect their profits.
On the 21st day, 4.34 billion yuan was traded, and the turnover rate that day was 59.27%. This can be understood as winning the lottery, or the chips queued up to buy from the 1st to the 20th day were sold crazily, causing it to fall to the limit in the last 2 minutes of the day, and It closed at the lower limit, killing all the people who bought on that day.
Why is this stock already up 20 times the daily limit? When the price limit was opened, the stock price was 178 yuan. Why are there so many people and so much money buying it?
The reason is simple: Goodix was unique in iris technology and was the first in the world. Unfortunately, this news is known to everyone. Sometimes it is not very effective: for example, the Maginot Line in the 1940s was very famous and everyone knew it. However, the German army avoided it and it was lost. It worked... 20 daily limit boards, which had already overdrawn the world's No. 1 iris technology, causing it to open the daily limit and close at the lower limit on the same day, and continued to fall 5.42% on the second day...and then 2 It took more than a month to fall to 85.24 yuan before it stopped falling.
The daily limit opened at 178 yuan, and the decline really stopped at 85.24 yuan, which was a proper cut in half!
After Yuan Sheng explained this case, he said to Zhang Sheng: "For any stock, the higher the stock price rises, the greater the risk."
Yuansheng finally said: "After Huiting was cut in half, it took more than 2 years of sideways consolidation before it welcomed its spring: Apple decided to adopt its iris technology, which brought it from 71.71 on January 30, 2019. Yuan pushed up to 388 yuan (February 25, 2020)."
Zhang Sheng: "There are too many unpredictable factors behind the rise and fall of stock prices. Retail investors do not have the research ability at all. Even 90% of retail investors have no idea of the reasons for the rise and fall of stocks, so they can only leave it to fate. If If Apple does not use Goodix’s iris technology, it will go sideways for more than 2 years, maybe..."
Yuan Sheng: "Yes, in any industry, there are only a few real elites and successful people, and the same is true for the stock market."
"Eat, eat..." After the dishes were served, Zhang Sheng hurriedly greeted everyone...
After dinner, Yuan Sheng and Zhang Sheng drove home respectively......(To be continued) (Thank you to the readers who sent gifts!)
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