Data:2009-12-12 2:34
Category: Money tips Release Date: 2006-04-03
SME board stocks from the first trading point of view, the first day of the high turnover, has far exceeded the earlier board market turnover on the first day of new shares. So what kind of turnover, it has some short-term intervention value? In general, the first day of listing of new shares have a high turnover, most of them in about 50%. Despite the high turnover shows the market has been very active, short-term funds to intervene actively. But because the first day of trading, when the turnover is too high when the chips also shows that very intense competition for funds. This not only makes a lot of follow suit plate had swarmed, pushed up stock prices, but also directly disrupt the main fund operational plans. In this case, the first day of the high turnover stocks, the main post is basically to go through the pressure to wash chips stock. Therefore, the first day of high turnover stocks, mainly short-term should be watching, and so the callback and then wait for an opportunity to intervene for midline investment.
Conversely, turnover listed on the first day if not more than 50%, even relatively low. This shows that the two situations: First, stock investors are not optimistic about the latter part of development; two of its own orientation has a higher short-term investments less valuable. Such stocks will be very difficult in the short term activity, with respect to short-term speculation in terms of new shares as the main means, not a good investment. Jinan Iron and Steel, such as thin trading, below its offer price on the day of its short-term investments would basically have no meaning.
In fact, the new shares on the first day turnover rate of 60% -70% of them are short-term intervention with the best value, that is, if the morning of the first day of IPO turnover can reach about 50% of the best. This turnover is basically the main fund can guarantee majority of chips. And because the transaction is relatively rational, will make the stock market position will not be too high for the latter part of a strong short-term basis. Finally, investors should be noted that essentially all of the new shares only have a short-term investment value, generally from 3 to 5 weeks, there will be a value return process. Therefore, unless absolutely optimistic about its late development, or otherwise, should be involved in short-term oriented.