Chapter 818 [The tragic A kill in the valuation stage]
Chapter 818 [A brutal A kill in the kill evaluation stage]
Wednesday, September 18th.
The A-share market opened today. For those who still hold Tianchi Technology or other new energy stocks after chasing the high yesterday, they almost don’t want to open the market software now.
Tesla’s stock price halved last night, and this matter was even reported by media in the technology circle. Of course, Tianchi Technology was also mentioned.
Known as the leading new energy vehicle company in the East and West, the stock price soared like a rocket during this period, and crashed almost on the same day, excluding the time difference, which has become a hot news recently.
At this moment, the collective bidding started at 9:15, and Tianchi Technology hit the lower limit without any suspense, which was in line with market expectations.
Yesterday, the highs were high, and then the data on the Dragon and Tiger rankings were negative. In the evening, Tesla was cut in half. It would be abnormal for Tianchi Technology not to fall to the limit today.
After 9:25, the stock price hit the limit, and the stock price fell directly to 145.01 yuan. After falling from the high point in two days, the cumulative decline reached -46.67%, which was basically cut in half.
After the opening of the market, the number of closed orders on Tianchi Technology's lower limit board exploded, with more than 22.7 billion in funds queuing up on the board, creating a tragic multi-kill and multi-screen situation.
I bought it at a price of 271 yuan, and sold it at a price of 145 yuan a day later. The key is that no one wants it. It's almost life-threatening.
Because no one dares to pick up, and there aren’t that many people to pick up.
Tianchi Technology is listed on the Science and Technology Innovation Board. There are 170 million retail investors in the two major A cities, but currently there are only more than 3 million households that have opened the Science and Technology Innovation Board.
Some people he wants to take over, such as Lao Yang, would not take action in this position. Now they have entered the terrifying valuation stage, and the price of 145 yuan is not yet the price Lao Yang wants.
At the same time, the new energy stocks on the main board, including the Growth Enterprise Market, also staged a tragic killing of many stocks today. All members in the sector fled, high-priced stocks that followed the trend were collectively killed, and miscellaneous stocks were basically peeled off.
The stock investors have only one thought: Why don't you run away even if your brother collapses? Nuclear! Nuclear hard!
Even if the core is slower than others, it may not be able to get out.
There is an almost unchanging law in the market, which is that the market always bottoms out in despair, rises in hesitation, and ends in madness.
Tianchi Technology's 20cm drop was undoubtedly tragic. The financing warehouse was the first to explode, and everyone ran away. The result was that there were too many kills and no one could escape. The limit was sealed so hard that no one could escape.
…
Thursday, September 19th.
Tianchi Technology once again hit the daily limit today, with the stock price reaching 116.00 yuan, causing consternation in both markets.
This is the third day in a row that the limit has been lowered, and the limit is even 20 centimeters. The first limit is even lower. In three trading days, Tianchi Technology's stock price has halved to -57.34%, and the total market value has dropped to 3132.
billion.
Tianchi Technology’s time-sharing chart barrage and comment area are full of regrets. Its peak market value of 734.157 billion seems like it was yesterday, but 420.9 billion yuan has evaporated in three days.
If you say no, it's gone.
No one expected that Tianchi Technology would stage such a tragic A-word sell-off. It didn’t even allow a rebound from oversold conditions, but continued to hit the daily limit.
…
Friday, September 20th.
The A-share market ushered in the last trading day of this week. Tianchi Technology staged a four-day limit-down. Today it still opened at a single limit. The stock price directly broke through the 100 yuan mark and reached the position of 92.80 yuan.
In just four days, the total price plummeted from the top reached -65.87%. In other words, a stock investor bought 1 million and now only has about 340,000 left.
It only took three days for the hold-up man standing guard on 271.91 to go from madness to despair.
The big investor who came in with a full position of 3 million on the top of the mountain, today the limit fell. Not only did he lose all his 1 million principal, but he now owes 976,100 yuan to the securities company.
Currently, he is being chased for debt by a brokerage firm. He has two choices before him, either sell the house to repay the debt, or become a defaulter and be on the credit blacklist.
In fact, he has no choice but to sell the house and pay off the debt.
It's impossible to be a bad guy, because the brokerage firm will sue him, the court will enforce the verdict, and he will still be on the credit blacklist.
Leverage stud is fun for a while, but the price is that ten or twenty years of struggle will be wiped out in a few days.
…
Around ten o'clock, Tiansheng Capital headquarters, chairman's office.
Lu Ming opened the market software and looked at Tianchi Technology. Seeing the trend in recent days, he couldn't help but be stunned for a moment. He had been planning the Science and People's Livelihood Foundation and the black swan disaster in the past few days, and had not paid attention to the capital market for the time being.
He also did not expect that Tianchi Technology would decline in such a tragic way during the valuation period. In his estimation, even if it was a unilateral decline, it would decline with a continuous negative line, at least for those who are stuck every day.
A chance to get out of the game.
The market has to have someone pay for their greed, and Lu Ming also knows that this is an iron rule that does not depend on personal will.
However, such a continuous one-word limit-down sell-off is obviously to get rid of the house and to rob the house of those who are trapped.
One person loses -70% alone and seven people lose an average of 10%. Although both cases are harvested by 70% by the market's sickle, the actual impact is very different.
In the former case, if a person loses -70% alone, he can basically be declared wiped out, and it will be difficult to turn around, and his life may even be ruined.
But in the latter case, the total loss is evenly distributed among 7 people. Although they all feel a little hurt, they will not all be wiped out by the market. He still has a great chance to earn back from the market, let alone ruin his life.
Greedy people chase high prices knowing that the risks are high, betting that they are not the one to take the last shot, and end up paying the price. This is understandable and cannot be blamed on the market. Everything has a price.
But this price should be within a reasonable range. In Lu Ming's vision, Tianchi Technology has entered the valuation-killing stage after pushing the valuation. During this period, the average loss of those who received the flying knife is 10~20%.
The left and right are relatively reasonable, that is, expanding the number of people taking orders to reduce personal losses.
Then Tianchi Technology's valuation shouldn't be so tragic and continuous.
Those who entered the market on the day it peaked at 271.91 have all been cut in half by now, with the maximum loss reaching -65.87%. It’s okay for people with light positions to participate. If they were heavy positions this time, their vitality will be seriously damaged, and a small number of people who have gone up to financing positions have already
Eliminated by the market, all the leeks were uprooted.
Obviously, after those capital institutions shipped goods at a high level, they wanted to go to the 18th level of hell again and let the trapped people cut their flesh, so that they could once again pick up chips as cheap as toilet paper and make a round of valuable money.
"It's really too much!"
Lu Ming was very unhappy and turned off the market software. The reason why he tolerated the sharp decline in the early stage of listing was because they were not given a share of the pie in the primary market, but they also needed to spend their own money to increase the stock price in the secondary market, so they
Turn a blind eye when killing in the early stage.
Moreover, there was a unilateral sell-off in the initial stage of listing. Although the stock price dropped from 35.62 to 6.19, the drop exceeded -82%. On the surface, it looked even more severe than the current wave of sell-offs.
But at that time, what was being gambled was the winning chips in the hands of retail investors. A retail investor won a lottery of 500 shares, and the price per share was 13.70 yuan. Even if a retail investor lost all of it, he would lose 6,850 yuan. The loss rate looked scary, and the absolute loss was right.
There are not many retail investors on the Science and Technology Innovation Board.
At the same time, the winning rate of up to 15% is due to Lu Ming giving priority to highly cost-effective chips to retail investors in the market, allowing retail investors to gain first-mover advantages. At the same time, the chips in the hands of retail investors are cheap, with the issue price of 13.70 yuan per share.
To a certain extent, it is to take care of retail investors in the secondary market.
It can be seen that those capital institutions outside Lu Ming's core circle of friends are at a huge disadvantage in the initial allocation of the Tianchi Technology pie. They have no first-mover advantage, no low-price chips, and cannot enter the primary market, but they still have to
If we expect them to raise the stock price, retail investors cannot do so.
Therefore, Lu Ming's market design plan is to let those capital institutions compete with 460,000 retail investors. Under normal circumstances, retail investors must be at a natural disadvantage. That is why Lu Ming gives retail investors the first move and the dual advantage of low prices to offset the losses of retail investors.
Facing the disadvantages of capital institutions.
Then there is a real-life game between the two parties in the secondary market. A dozen capital institutions VS 460,000 retail investors. How many bloody chips the capital institutions can wash out from retail investors in the secondary market all depends on their ability. Retail investors
How much chips you can hold in the attack of capital institutions also depends on your ability.
As for the retail investors, those who were given the two major advantages of first mover and low-priced chips still lost. There is nothing to say about that. How many cheap and bloody chips the capital institutions finally got in this game are all for them to spend money next.
The secondary market deserves the reward for raising the stock price.
However, anything is unacceptable as long as it exceeds the limit. Lu Ming could tolerate it before, but now the practices and appearances of those capital institutions are too ugly, which is absolutely intolerable.
However, if he was scolded for doing good things with good intentions, Lu Ming would definitely not do such a thing, so he remained silent when the stock price of Tianchi Technology soared.
Doing good things with good intentions must gain a good reputation, and the way you deal with it must be particular.
Lu Ming immediately picked up the landline phone and called the assistant's office: "Qiulin, you go and start planning, and let out the news after the market closes, saying that I will convene a meeting of all fund managers under Tiansheng Fund today to discuss the collapse of Tianchi Technology.
Spread the news that I can’t stand it any longer, and ask all major fund managers to enter the secondary market to protect the market for Tianchi Technology.”
Han Qiulin's inquiry came from the other end of the phone: "Is it an official announcement or..."
Lu Ming said concisely and to the point: "Of course the news was spread online!"
Since the listing of Tianchi Technology, Tiansheng Capital has not participated in the secondary market, and it is the largest shareholder accounting for 34% of the stock. If it participates, it will definitely trigger a placard, whether Tiansheng
Value Growth Hybrid Fund or public funds managed by other fund managers under Tiansheng Fund are all persons acting in concert.
Therefore, in this boom in the secondary market, the entire market knows that Brother Yi is definitely not involved, otherwise the killings in high positions have been like this in the past few days. Those who have been tricked have already scolded Lu Ming on his personal social media account.
How many times.
And once this news comes out and is confirmed to be true, the market has no doubt that Tiansheng Capital is indeed trying to protect the market. At the same time, it is equivalent to telling the leeks who have been trapped in half to not easily cut their flesh and hand over their chips. Since they have been trapped,
