22: The wolf is coming?! No, it will soar to the sky!
From the perspective of aggressive Traders, although this stock only hit the limit up at the very end of the trading day, considering the long period in between, and being dragged down by the gaming sector, Company Name managed to maintain above 6% for a long time.
It could be said that it was incredibly strong!
However, in the eyes of cautious investors, the volume and turnover rate of Company Name today were too high, coupled with the drag from the sector.
Today's strength might lead to a compensatory decline tomorrow.
It's best to avoid this stock.
A wise man does not stand under a crumbling wall!
This is the stock market.
For the same stock, everyone has their own opinion, and everyone views a stock at the same position differently.
The dragon and tiger list around 5 PM.
Company Name finally made it onto the list this time.
Wang Lin was also observing this list.
But they were all unremarkable brokerage firms, with no star brokerage firms at all.
Like Old Zhang's Guotai Junan Shanghai Jiangsu Branch, Foshan Shadowless Kick's Foshan Road company, and the Daredevil brokerage firms from Ningbo.
None of them made it onto the list.
Wang Lin understood in his heart that this stock, regardless of its scale, circulating shares, or concept, would not attract those top Hot Money.
The primary reason was that it had already been secretly controlled by Yang Xuechu during the previous wave of gains and this round of accumulation.
With so many stocks in the market, there's no need to clash with Yang Xuechu over a dragon head in the gaming sector.
Most importantly, they had already missed the opportune moment and simply couldn't compete with Yang Xuechu.
Once this stock loses its first-mover advantage, it can easily fall into a passive position.
These smart Hot Money naturally wouldn't do something foolish.
Since Company Name wants to be the number one dragon, let it be.
We'll go for the second and third dragons, follow behind and get some scraps, and not have to worry so much.
Sometimes, they even earn more.
After seeing that there were no well-known Hot Money, Wang Lin also felt relieved.
At the very least, there won't be any unexpected troubles later.
The main upward wave is to continue.
Wang Lin was relieved on his end.
But many other Stock Investor did not know this.
For example, Little Crocodile bought 3 million today, but the entire day saw such a massive volume.
It left him incredibly conflicted.
"Damn it, why is this second wave so convoluted? It released such a large volume on the second limit up. If it weren't for a strong dealer behind it, it would probably fall!"
Little Crocodile didn't believe that Company Name was acting so provocatively without a dealer behind it.
"Let's see the situation tomorrow. I'll hold it until the morning. If there's no movement in the morning, I'll sell it in the afternoon!"
Although Little Crocodile knew Wang Lin was also involved, he didn't quite trust Wang Lin at this moment.
Even though Wang Lin had once again gained a 20% profit with a full position on this stock.
He himself only gained a few points.
This was the result of entering at different times over two days.
.
The next day.
Sanxiang Changde.
Yang Xuechu looked at the summarized news from his subordinates, his expression unchanged: "Alright, since the situation is exactly as expected, proceed according to the predetermined plan!"
The Trader quickly nodded.
The predetermined plan had been discussed before this rally.
This second main upward wave was to be divided into three smaller waves.
The first wave, Wave A, was this 1-2 limit up. Tomorrow's open would have a small downward killing, considered the Wave B decline in the second main upward wave, followed immediately by a Wave C rise!
This was not a rigorous Elliott Wave Theory structure, but it was understandable to anyone.
Today was the third day after the second limit up, and also their planned first 'fake fall'!
It was called a 'fake fall' because after it fell, it would be pulled back up on the same day, connecting Wave B decline and Wave C rise together.
The Trader team leader smiled: "Boss, don't worry. Yesterday, the gaming sector fell so much, and we forcefully maintained the limit up, buying who knows how many chips. With such a huge volume released, those Stock Investor probably think our main force has run away! But who knows, Boss, you have lofty ambitions!"
"Tomorrow, with a flat open and a decline, I estimate it will scare 90% of Retail Investors into peeing their pants, and if it can fall by 5 points, they will all cut their losses!"
"Even if they hold on and don't cut losses, a rebound back to just flat, and then another drop, 99% of Retail Investors won't be able to withstand it!"
"Just watch the afternoon rally, it will be a scene of wailing!"
Yang Xuechu heard these words and a satisfied smile appeared on his lips: "Excellent. After this wave is done this year, everyone will get a big red envelope!"
The main force had already planned when to harvest and when to bait.
Looking at Company Name's Stock Bar, many people were in a panic, and a small number insisted that it would still rise today, even hitting the limit up!
The call auction ended at 9:25 AM, and Company Name opened flat.
This opening was very subtle, allowing for both offense and defense.
For those who wanted to get in, they could buy now.
And for those who wanted to get out, it also provided an opportunity to escape.
But one must know that everyone who enters the stock market wants to make money; everyone is greedy.
They all want to sell at the highest point and buy at the lowest point.
This flat open perfectly played on human nature.
Those who wanted to buy wanted to wait for an even lower point.
Those who wanted to sell wanted to wait for another surge!
It was amidst such thoughts that the market officially opened at 9:30 AM.
Immediately after opening, Company Name briefly rose to 1.5%, but before the Retail Investors could rejoice, it instantly plunged to negative 3 points.
The Stock Bar instantly filled with wailing.
"Holy crap, I knew it!!"
"Run, take advantage of the remaining profit and run quickly, or you'll be trapped!"
"Today it really did make up for the decline, I'm truly speechless!!"
"The Wolf Is Coming, brothers, run!!"
"It rebounded to negative 2 points again, I feel like I can hold on a bit longer!!"
"Damn it, I knew I shouldn't have looked at the Stock Bar. I also wanted to hold on a bit and sell when it reached flat, but now it has fallen to negative 4 points again!"
"Getting deeper and deeper, what should I do?!"
"I bought it at the limit up yesterday, why didn't I leave during the call auction today, damn me!"
"Eating Noodles in the Dark!"
"It's negative 5, I feel like it's going to hit the Limit Down today!"
"Cut losses, cut losses, accept defeat!"
Those who wanted to sell, cut their losses at the lowest point.
And those who wanted to buy saw this stock continuously falling, and even the gaming sector began to decline further.
In this situation, only a fool would buy.
At the very least, they would wait until it stabilized.
Wang Lin watched today's decline without a ripple in his heart.
If the main upward wave was only 20 points, Wang Lin would accept it.
But was that possible?
On Little Crocodile's side, seeing Company Name plummet to negative 5 points right after opening, his heart also trembled.
Damn, the main force is a bit fierce!
Selling on the second limit up?
It doesn't seem like it.
But this speed of decline made Little Crocodile somewhat unable to bear it: "Sell 1 million first, leave some flexible positions!"
For a seasoned Stock Investor like Little Crocodile, he would never act on impulse. Although he had decided to wait until the afternoon, he could only blame the main force for their aggressive shakeout.
He couldn't help but be afraid.
Just as the entire sector was lifeless and Retail Investors were despairing.
[short-term spirit: Company Name, large order of ten thousand lots bought!]
[short-term spirit: Company Name, short-term rise of 3%!]
Large orders began to sweep up shares frantically!
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