Category: Money tips Release Date: 2005-12-20
Monday CAMC high-profile market, opened a prelude to full circulation IPO, the next there Coship, Datong Coal, Yunnan Salt and Bank of China listed be issued, how to market speculation of new shares has become a hot topic . IPO initially, there is no technical analysis of historical trends can be, there is a certain degree of difficulty, but from past experience, the new shares is still speculation to follow in a certain doorways. Specifically to refer to the following:
First of all is to see when the IPO market's strength. Exists between the IPO and the market trend in a very significant positive correlation, and the new shares of up and down tend to beat the market. In the bear market in shares in order to Duanchao mainly doing long village rarely occurs; while the bull market, the main medium to long term operations tend to.
Second, is to look at the fundamentals of new shares. In addition to company management and asset situation, we should approach from the issuance, issue price, issue price-earnings ratio, a major shareholder of, earnings per share, per share, fund, net asset per share, to raise funds to invest in the company's management situation, lead underwriters strength so a comprehensive judgments, the most important thing is to see whether it has the potential subject matter, whether the imagination and so on.
Again is to look at Bijiaxiaoying. Compared with the shares of the stocks of similar orientation and found that new shares are undervalued opportunities brought about by speculation.
The other is the observation of Handicap. Volume is simply the past, the statistics show that shares listed on the first day of the first five minutes of the turnover rate of 16% or less, indicating that the main financial involvement are still unclear, short-term opportunities for profitable investment of only about 20%. And if the turnover at 16%, and short-term investment opportunities for profit can reach over 80%, if the 5-minute turnover rate of 20% or more, then the short-term investment opportunities for profit as high as 95%.
Large main intervention of new shares from a turnover point of view, tend to have the following characteristics:
5-minute turnover rate of 20%, and 15 minutes for more than 30% turnover in 30 minutes for more than 40% turnover. Day turnover at 60% -70% for the best.
If the turnover is too low, indicating no significant main unit on the first day care; if the first day of the turnover is too high (greater than 70%) have tended to be too small investors grab plate, too raised the price of the result is far from the sector costs area, the main force is yielded in the next few sessions, gradually clearing chips profits.
Of course, we note that with the volume and price, preferably 5 minutes, 15 minutes and day out Yangxian K lines closed, day trading average price in Japan for more than a basic operational level.
Would like to remind that the above points are past experience, but in full circulation of the new situation, the speculation of new shares may be certain changes in the law, investors have to make adjustments in time according to actual situation.
