Category: Money tips Release Date: 2006-03-29
- In the stock market, different types of stocks tend to have some image of the title: for example: long-term slow rise called "Niugu"; long-term slow down is called "Bear Unit"; to suddenly rise, and a skyrocketing called "dark horse Unit "; high-performing right up to play a strong supportive role in the stock is called" White Horse Unit "; along a trajectory Shangcuanxiatiao stocks often called" monkey shares "; stock is neither up nor down, long-term sideways Finishing is called "sheep stock." In addition to these, the most recently, A-share market has emerged in a new stock - the "penny stock."
"Penny stocks" in the "Sin Machine"
"Penny stocks" in the name of a good listen, but that the "penny stock" is not what the good fairy-class shares. In fact, the "penny stock" is the Hong Kong stock market to describe the name of junk stock, usually refers to the stock price less than one dollar shares.
Risk Opportunities
As soon as you mention the "penny stocks", the vast majority of investors believe that these stocks too risky and too often talk about "immortal" pale. In this regard, shareholders Zhouyong Bin have different views. Zhou Yongbin is a buy "penny stocks" speculative master, in his view, and other stocks, like the "penny stock," there are also opportunities to make money.
April 1 this year, the morning, he found that the "penny stock" * ST Longdi steadily, with only 47 minutes to seal up circuit breakers. ST stocks according to their previous speculation summarized the essentials of stock picking, he finds that only shares power with a strong rebound. As a result, intends to buy the next day. However, the next day because of work reasons, the delay time for the next single. * ST Longdi opening three minutes after the daily limit, he immediately in order to limit-price orders. But by this time have been massive pay limit-price came in, he has no right to buy could hold much hope. Who would have thought 10:12 pm * ST Longdi suddenly, under pressure from a huge sell-off, making daily limit price has finally been opened, April 18 appeared huge intraday volatility, the price of 1.64 yuan Zhou Yongbin determined to sell, according to his 1.06 yuan of the purchase price calculated rate of return is 54.7%, in just ten days time, he earned 120,000 yuan.
Zhou Yongbin that any stock is risky, but the performance of the risk of varying degrees. Explicit and implicit risks, some risks more obvious, often frightening, and some risk is concealed, people feel less fear, but it is far more harmful. For example: the majority of stocks in a bear market is not noticeable in the decline in the risk, investors are often in this "warm boiled frog" type of risk into a deep set.
The "penny stocks" risk is more obvious, it is precisely because of this, most individual investors are afraid to participate in, which actually makes the courage to take advantage of idle capital. If, the "penny stock" and the blue chip stocks compared, we find that the "penny stock" has its own unique advantages of speculation.
"Penny stocks" speculative advantage
Performance more transparent
There is no need for fraud, nor allow investors to tread "performance mine", and therefore there is no financial risk. Blue chip stocks, there exists a lack of consistent results for the stability of the risk of a small number of listed companies, there are still risks of counterfeit and inferior merit, there is too fried after being the main financial performance and stock price were Ershi overdraft risk.
Big profit opportunities
Although the excellent performance of blue chip stocks, but even if the performance of these companies to further increase is still the blue-chip stocks, the lack of speculation imagination. May be "penny stocks" if "accidentally" make a penny, it is tantamount to profitability, if earn a few cents, that is double the performance, which could stir up the imagination are the themes.
Without the risk of stock collapse
There are many blue chip stocks after the huge profits made, but ignored the investors "stingy," or the immediate availability of "Lion's Mouth" in general a huge issue additional share placements, convertible bonds and other programs. The "penny stocks" Although no dividends, but it will not reach out to investors, enclosing money, nor is there because the means for misappropriating a result of the risk of stock collapse.
The concept of extensive speculation
Such as: government support, transformation technology, reorganization of assets and through substantial restructuring of the investment value caused by a qualitative change and so on.
Speculative than investment
After many rounds of testing the waters, Zhou Yongbin lessons learned is that the "penny stock" is better than the speculative value of their investment value. Zhou Yongbin that "penny stocks" speculative must pay attention to the three essentials.
First of all, we should correctly understand the thinking from the "penny stock" value. Rather, the "penny stock" is no investment value, but only speculative value. Some serious oversold "penny stocks" often will be staged mad scene, in the short-term hot money fast attack, the sudden outbreak of a strong rebound in market, so speculators to the market has brought huge profits.
Secondly, in the operation must dare to chase the chase to sell, Zhou Yongbin that the speculation "penny stock" must do "not see daily limit does not chase, but no lower limit is not chasing sell." A friend of mine, and Zhou Yongbin the same time buying a "penny stocks", but friends who hastened to sell the unit after rising for three days. Because the friend that fried the "penny stock" must be the main short-term mode of operation, through Kuaijinkuaichu's fast-paced mode of operation to circumvent the risk of this kind of speculative stocks. Zhou Yongbin think Kuaijinkuaichu is correct, but it must be run according to stock price trends to decide. If, the "penny stock" has always been at the limit-time, they should be firmly held, waiting for their determination to change the trend of re-sold, so you can get the whole profit.
Third, for the "penny stock" stories, based on the stock location of the different attitudes taken by a different response. When the stock price severely oversold, when rumors of the good that they have to adhere to the letter rather, its non-credible. For example, when a * ST below the face value of shares when the market has been the emergence of a rumor, said: "A * ST is a State-owned companies dominated, the Government may come forward to help insurance card." This is a rumor that the decision to buy Zhouyong Bin One of the reasons.
A friend was surprised and asked: "This rumor is true or false do not know, you rush to buy, do not feel too risky?" Zhou Yongbin smiled and replied: "fried 'penny stocks' and buy a blue chip stock that is not the same, just need to This hazy rumors. if not true it does not matter, rumors that they will stimulate the stock price to rise. could wait until the price rose higher after the rumors even in the face really can not buy it, because it is the best time to ship of speculative funds. "Sure enough, by the end of April, as rumors gradually become clear, the stock peaked dropped.
Zhou Yongbin also stresses that although the "penny stock" speculative risk of the investment risk than the overall stock market is much smaller, but the means of risk control is still necessary.
How to control the "penny stocks" risk
Timing of control risk
Control-risk strategy
Speculative funds from the transaction volume on the
Speculative funds will be "penny stocks" will choose after the ship pulled up sharply, while volume shipments will inevitably lead to the amplification; in investment in other stocks needed to be able to observe whether the amount of amplification to decide whether to buy, but participating in the "penny shares "the amount of time will have to be able to prevent over-amplification, if the" penny stock "has been a certain gain, while turnover increased substantially, to be sold immediately.
The profitability of speculative funds from the degree of
This requires close attention to the "penny stock" mobile costs of distribution, observed profit plate the size of the plate when the rapid increase in profit, to choose to sell.
The operation of speculative funds from the time
Speculative funds to the "penny stock" and participation is based on short-term, based on the "penny stocks" speculative value and rising room for imagination. This time the process is often very short, when the "penny stock" rise too long, we should gradually reduce the chips?
Operation "penny stocks" when the protective measures it is essential to the operation in advance of setting stop-loss plans and specific standards, and stop doing the mental preparation, strictly control the risk of speculation.
"Penny stocks" development
From the international history of the development of mature markets, the "penny stock" appearance of the era has a certain historical inevitability. This is because the "penny stock" Time is in fact a subversion of traditional price system is even more true features of the reduction of the stock market. For an emerging market, the stock price from the general overestimation of the value of a return of this process is the only way. Because the initial stock is also a time when resources are scarce, but as time goes on, the stock gradually become a normal, even excess resources. During this process, the company will inevitably produce large amounts of marginalization, leading to the "penny stock" era to happen.
Recalling the history of China's securities market can be found in history, already there have been "penny stock" variety, March 22, 1993, the Shenzhen B-share market Huafa B to close at 0.75 yuan to become the first below 1 yuan Gateway stocks become a "penny stock." Since then, some loss of eligibility to trade motherboard ST shares transferred to three plates, there is still rapidly Site into a "fairy." However, in the Shanghai and Shenzhen A-share market in the stock as a "fairy's" history from the end of last year has only just begun. December 30, 2004 morning, * ST Dammam (Information Quotes Forum) as the Main Board of the Shanghai and Shenzhen cities just below the face value of the first "penny stocks", and has since created a cap, lower the "penny stocks" Time . * ST Dammam on the second day of immortality, * ST is also followed by the Monkey King as "immortal" the. Since then, * ST-Ji paper, * ST Long Branch, * ST Hidenori, * ST Nakagawa, * ST digital, * ST Haci, * ST Fe, * ST Guangxia, * ST Longdi and other firms have joined the "penny stock "list.
This year, the rapid increase in the number of penny stocks, due to the Shanghai and Shenzhen stock markets gradually with the international market, with the market environment and investment philosophy of the changes in polarization of the stock market will become increasingly serious, the future will have more of ST shares reduced to cents Unit, which is one of Shanghai and Shenzhen stock markets begin to mature and the performance.
After many rounds of testing the waters, Zhou Yongbin lessons learned is that the "penny stock" is better than the speculative value of their investment value.
