The Yuan Sheng and Zhang Sheng families came out after watching "Man Jiang Hong". It was still early, and the two ladies took their children to the dollhouse to grab dolls...
Zhang Sheng asked Yuansheng: "I heard that when Tianyi Pump Industry (now renamed Jingfeng Pharmaceutical) was first listed, you predicted at a friend's gathering that if you stick to it for a year, you will easily make more than double your profit. Is there such a thing?"
"There is such a thing. At a party during the Spring Festival in 1999, the stock price of Tianyi Pump Industry was 8.17 yuan. I said to my friends at the party: When the market opens after the Spring Festival, you buy it with your eyes closed. After you buy it, you hold on. What? When the stock price doubles, sell it. I predict that it will rise by at least more than double in one year."
"As a result, by the time we gathered again during the Spring Festival the next year, the share price of Tianyi Pump Industry had risen to 29.65 yuan, more than three times!"
Yuan Sheng continued: "At the Spring Festival party in 2000, the first thing my friends said when they met was: Are there any stocks like Tianyi Pump Industry that can double in one year?"
"No, good stocks are hard to come across. Especially new stocks with low prices, small caps, low P/E ratios and good themes are hard to find!" Yuansheng directly rejected his friend's request at that time.
Zhang Sheng was very curious: "I know you rarely recommend stocks to others. Once you recommend a stock, it will basically become a bull stock, sooner or later."
Yuan Sheng said: "Actually, it's very simple. Everyone likes really good stocks, and big money is also controlled by people. When you encounter a really good stock, as long as the positioning is reasonable, big money will never let it go. As long as it is If you insist on it, you can’t figure out how to toss it, how to suppress it, how to clean up the market, and if you stick to it for a year, your chances of winning are very high.”
"Before the Spring Festival in 1999, Tianyi Pump Industry had just been launched on the market, and the main force was still in the stage of collecting chips. Tianyi Pump Industry can produce submarine water pumps below 10,000 meters. This kind of high-tech water pump is the only one in China that Tianyi Pump Industry can produce. There are few companies in the world that can produce such high-tech stocks. In 1999, there were really few A-share stocks. At that time, it had only 45 million shares in circulation, and its closing price was only 8.17 yuan. At that time, it The price-to-earnings ratio is probably more than 30 times. Adding these things together, I judged that the main force will never let it go, so I told my friends: buy it, hold it for 1 year, and earn at least 1 times... ."
Zhang Sheng: "Why did my friend ask me again at the Spring Festival gathering in the second year if there were any good stocks like Tianyi Pump Industry, but you said no!"
Yuan Sheng: "It's very simple. There are many smart people in the stock market. Everyone is researching, reviewing, and summarizing stocks. They have long discovered that new high-tech stocks like Tianyi Pump Industry, if positioned properly, will be successful after a period of market washing. , it will definitely go up. These smart people are planning to buy in advance. As a result, such high-tech new stocks are already on the high side when they open. If you don’t know how to buy them, they will easily be cut in half, and you will be deeply locked in... ....So, good new stocks with reasonable positioning are hard to come by!”
Zhang Sheng nodded: "That's right. If you come across new stocks with high technological content and everyone can make money by buying them, then everyone will know how to trade stocks. Nothing in the world is that simple."
"Yes, the stock market is fickle. If everyone adopts the rules summarized by too many people, the main force will immediately change their tactics and let the adopters take advantage of the trap first, and do so deeply. They will stay for 1-3 years and still be able to survive. Losing 30--60%, there are many such examples!" Yuansheng responded.
"Dad, I caught two rabbits, look!" The daughter ran over and said to Yuansheng.
"Dad, I'm tired, let's go home!" the daughter continued.
"Okay, let's go home!"......(To be continued)
