24: Four consecutive boards – a crazy run, a mid-air refueling, or the end?
At Wang Lin's place.
Little Crocodile learned another piece of knowledge.
But if he were asked to add to his position now, he would absolutely not dare.
Adding to a position on the third board, isn't that just pure idiocy?
It seems this knowledge point can only be used for the next dragon head stock.
Many other Hot Money investors also saw Wang Lin's reply.
However, some didn't take it seriously, while others pondered over the words.
This involved the issue of influence.
If Wang Lin was nobody, then practically no one would believe what he said.
In the stock market, relying on others is fundamentally impossible; one can only save oneself.
But if one can find inspiration, or even enlightenment, through the words of others, that's also impressive!
Fortunately, Wang Lin has now proven himself with his formidable track record, especially since he started by dealing with small speculative stocks and dragon heads.
Therefore, his words carried even more weight.
Countless Retail Investors struggling in the stock market silently took note of Wang Lin's words.
Unconsciously, Wang Lin could now influence a portion of people.
This was why he came to Stock Picking Bar.
May 12th, Friday.
The last day.
Company Name opened high with an unstoppable momentum, then surged higher, finally hitting the limit up.
The entire process was grand and sweeping!
Company Name achieved its 4th board, once again!
It had completely transformed into a speculative stock!
Company Name's 4th board limit up pulled the entire gaming sector up again!
Of course, today wasn't just the gaming sector; other heavyweights like Brokerage Firms, real estate, and insurance were also rising.
The overall market index showed a thriving scene, with the shanghai composite index reaching 2194 points, an increase of 0.61%!
The shenzhen component index reported 8855 points, with a high increase of 1.47%!
In this positive overall market index atmosphere, Company Name's 4th board limit up faced even less pressure.
There were not many sell orders throughout the day.
Nonsense, there will definitely be a premium next week; only a fool would be willing to sell!
"Awesome, I didn't expect the 4th board to be so easy!"
"This is the general trend. Company Name has already established itself as the dragon head. With the overall market index so good today, there's no reason to crash the market!"
"It seems chasing the high yesterday was the right move. This is a dragon head; it always lets you get on board, always lets you make money, even today!"
"I bought during the call auction today, brothers, how do you feel about it?"
"That's absolutely stable. Tomorrow, won't it at least give a premium? This is a dragon head; it won't die here at all!"
The fourth board remained locked from start to finish.
Wang Lin's capital size also increased from 7.2 million to 7.92 million!
In just over two months, nearly 8 million.
Terrifying!
Over the weekend.
As expected, Company Name was about to disclose an announcement.
After all, having four consecutive limit-ups, a stock price abnormal fluctuation announcement was necessary.
"[Company Name: The cumulative deviation of the closing price increase of the company's stock for two consecutive trading days, May 11th and May 12th, 2013, has exceeded 20%, which is a stock trading fluctuation...]"
After reading the announcement, Wang Lin just shook his head and said, "It's just a routine announcement, full of nonsense!"
The reason Company Name could rise these past few months was because of that mobile game created by a famous game producer.
As long as this mobile game hasn't officially launched, the speculation surrounding it won't end!
This weekend, news about Company Name's game also subtly began to spread.
Wang Lin immediately recognized that the main force behind the scenes was making a move.
It seemed it was almost time to ship out the goods.
Inside Stock Picking Bar.
Under Wang Lin's post, many people were discussing how this stock would perform next Monday.
Almost 99% of people talked about it rising, and some even began to fantasize about doubling their money this wave.
"It will definitely rise next week. With Company Name's status, I feel it can still hit 3 more limit-ups!"
"Haha, the growth enterprise market is in a big bull market recently, coupled with the gaming sector, coupled with Company Name's quality resources. If the main force doesn't pull it up for a few more limit-ups, I'll look down on them!"
"I'm going to add to my position again next Monday. Damn, it's my fault for being timid for not adding to it before!"
"Adding to your position on the 4th board, you're really something. I wish you happiness!"
"Hmph, what do you know? Some stocks are most powerful when they reach the end, because they are unique in the market. More and more capital will favor them and join them! And did you see the rumors about Company Name over the weekend? That's another positive!"
"I, however, feel that Friday's acceleration was too strong. The profit-taking pressure is too substantial, and a lot of risk has accumulated!"
"Are you the one above who missed out? With Company Name's status, still trying to shake out? If it shakes out anymore, it will lose its status!"
"Monday, mobilize funds and go all-in!"
"Absolutely a genuine mobile game concept stock, coupled with the growth enterprise market. I'm telling you, Company Name is definitely a super speculative stock!"
Wang Lin almost laughed watching this.
These guys might not be good at anything else, but chatting and talking nonsense is first-rate.
Don't look at how excited they sound; how many of them actually have chips, probably not many.
As for those who want to buy on Monday, Wang Lin truly believes that.
They don't dare to buy at low prices, but they go all-in at high prices.
If Retail Investors didn't play this way, who would take over the main force's chips?
But could they withstand the shakeout on Monday and Tuesday?
May 15th, Monday.
The sun was warm this day; it was a good day.
However, the Stock Investors holding Company Name were not in a good mood, or rather, they were very irritable.
Because the anticipated 5th board never arrived.
The gaming sector surged today, but Company Name, during trading, not only failed to hit the limit up but didn't even go up by more than 5 points.
As soon as it rose, it was smashed down, with large orders fleeing frantically.
As for small orders, many Stock Investors did buy after seeing the news over the weekend.
"Damn it, I really must be cursed; I get trapped as soon as I buy!"
"I see the overall market index is good today, and the gaming sector is good, so why is your dragon head stock wilting?"
"Taking advantage of the good market to ship out goods, the main force is really playing well!"
"It's fallen to the flat line, damn it. It looks like it can't go up anymore; I'll just dump it first!"
"It's red, it's red again. This stock seems to have peaked!"
"It's clearly different from the past few days. Brothers, those who should leave, leave. Otherwise, hitting a limit down will be easy!"
Throughout Monday, Company Name played out with this kind of movement.
Pulled up, smashed down, pulled up, smashed down.
The trading volume was extremely large all day, but the stock price simply couldn't go up.
Even at the end of the trading day, it was directly smashed down by 3 points below the flat line!
A high-volume shooting star candlestick. In this situation, old Stock Investors, without exception, all got scared off.
Even some Hot Money investors, facing today's situation, no longer dared to hold the stock.
Little Crocodile sold another 1 million of his remaining 2 million position.
The remaining 1 million was because he listened to what Wang Lin had said before, to wait for a limit down.
If he had to wait for a limit down with 2 million, Little Crocodile couldn't bear it either.
With the last 1 million in funds, he could advance or retreat. Even if he really hit a limit down tomorrow, he wouldn't lose money.
As for Trader Xin Yi, he only had hundreds of thousands, and he was truly young and impetuous now.
Just reckless!
"Brother Jun Lin said that as long as it doesn't hit the limit down, then hold the stock; the dragon head will be generously rewarded!" Trader Xin Yi muttered, staring at the computer screen.
However, his slightly trembling hands betrayed him; his heart was not calm at this moment.
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