January 26, 2023 is the fifth day of the Lunar New Year, and the stock market continues to be on holiday. Yuan Sheng and Zhang Sheng took their two families to visit Pengshi Nerbao. Nairbao is known as the "ceiling of the parent-child paradise", and the two little mythical beasts have a great time playing in it. The two mothers were chatting, Yuan Sheng and Zhang Sheng were talking about the stock market...
Zhang Sheng: "Yuansheng, why did Three Gorges Energy buy at a low level on the day when the price limit was opened, and it doubled in 8 days? Its circulating stock is 6.949 billion shares. With such a large circulating stock, why didn't Three Gorges Energy just wash the market and double it directly?" ?”
"In the early days of Three Gorges Energy's listing, the circulating market was 6.949 billion shares. The price that opened the daily limit was 4.62 yuan, and the lowest price of the day was 4.23 yuan. Calculated at 4.23 yuan, its circulating market value at that time was 29.3 billion yuan, which was as high as 100 billion yuan in circulating market value and 10 million yuan. Compared with the circulating market value of 100 million yuan, it is not big, and the combined forces of big hot money are enough to promote its continuous rise. The circulating market value at the peak of the Ningde era was 12,000 yuan, the circulating market value at the peak of BYD was more than 400 billion yuan, and the circulating market value at the peak of Maotai was 3.3 trillion yuan. Without comparison, there is no harm. BYD, with a market value of several hundred billion yuan, can continue to rise. CATL and Moutai, with a market value of trillions, can continue to rise. Three Gorges Energy, with a market value of only 29.3 billion yuan, has allowed big hot money to join forces. It’s not difficult at all to speculate on it,” Yuansheng said.
"Why is Three Gorges Energy the one that has risen rapidly? Why have many hydropower and thermal power stocks that were listed in the past not risen rapidly?" Zhang Sheng said.
"Things are rare and valuable. This principle is very applicable in the stock market, because there are so many listed companies in hydropower and thermal power, and if there are too many, they are worthless. For example, the first zodiac stamp of New China with a face value of 0.08 yuan in 1981 was probably only available at that time. 200,000 stamps were printed. At that time, there were very few people who knew how to collect stamps. Everyone used it to send letters...More than 10 years later, there are very few fresh and unused stamps in stock. A few, it was sold to 2,000 yuan. And because 200 million zodiac stamps were printed in 1991, such a huge quantity meant that 20 years later, it was still 0.08 yuan a piece, and it had not appreciated at all."
""If you look at the main business of Three Gorges Energy, you will know that it is: the development, investment and operation of wind and solar energy. This is the first A-share company with such a main business stock. It is equal to unique. Is it precious? Another reason: before Three Gorges Energy went public, many stocks with the concept of wind energy and solar energy had become very popular, rising N times. If you think about it, concept stocks (which means they are not pure enough) can rise N times, and Three Gorges Energy is an authentic wind energy and solar energy stock. It is reasonable to rise from 4.23 yuan to 8.79 yuan. "
Yuan Sheng continued: "For big funds, stocks priced between 4 and 8 yuan are all low-priced stocks. They are less than double digits and are at the same level. Therefore, the big funds tacitly speculated on Three Gorges Energy from 4.23 yuan. It has doubled to 8.79 yuan, and their task has been completed. Of course, they have to ship the goods. Of course, when the goods are shipped, public opinion will cooperate: public opinion will advocate that the stock will be speculated to 12-20 yuan. Think about it, Why did public opinion not advocate it when it was 4.23--5.5 yuan, but only advocated it after it doubled rapidly? This is the deception of public opinion. In middle school, we knew that public opinion serves the ruling class. In the stock market, Big money is the ruling class, so public opinion serves them. If you believe the propaganda of public opinion, you will be fooled!"
Zhang Sheng nodded: "In the stock market, there is a struggle for interests, so deception often exists. We must keep our eyes open..."
(To be continued)