Category: Money Tips Date: 2007-07-23
Author: Wu Ping
As a resumption of IPO shares in the work of the first international, public violence after frantic speculation, not only pocketed the eye, but also bringing the first day of IPO investors may acquire highly profitable full of longing.
With the full circulation of new shares issued under the restart, the future of new shares will be center stage, how to grasp the new shares became the fighter planes were placed in front of investors, the most realistic problems. The market is changing, new shares must be followed and the operational strategy for change, China CAMC speculation step way, in fact, investors can already feel the "new" taste.
From the big side, is currently on the market in a bull phase, therefore, opening new shares below the IPO price on the opportunity is almost impossible, and in particular on the analysis of pre-IPO operating strategy, we must first rule out the almost impossible Low opening movements. While the remaining shares opened deductive way, is nothing less than a high-opened high walk Gaokaidizou, high Kaiping to take this in three ways. Under normal circumstances, high-opened high much of the money is very optimistic about taking note of the new shares to be taken off of funds holding high-play strategy in place. Gaokaidizou is illustrated in the ballot is more bearish of the new shares, closed at the end of outside capital to absorb the operational strategy. Kaiping walk is illustrated in the high long-short two sides in a stalemate, short-term need further observation, outside the capital to absorb the operational strategy of silence.
Specific studies on whether the IPO market opportunity is to study whether there is big money involved in the unit, whether the extent of involvement of deep enough, after all, the market essentially is that money is king of the world, there are no major capital deeper level of involvement, To show a better shares short and medium term opportunity would be unrealistic.
Mentioned above, the trend is only a representation of three new shares, how to determine whether there are deeper level of the main financial intervention necessary? I think the turnover is a very important indicator for reference.
As the new shares has just listed the price of great uncertainty, and the price listed on the first day of a huge amplitude, the average investor has just opened not rush to intervene, even if there is a collection of auction participation, often take a conservative strategy pegged price the low side. Therefore, after the first day of opening the first 5 minutes, 15 minutes before participation in the main buying agencies often dominated. In other words, if the main body of a fancy new shares only, they would use after the opening 5 minutes, 15 minutes, taking advantage of the general retail hesitate, waiting to see the occasion, rapid intervention to collect chips. Therefore, the first 5 minutes, the first 15 minutes and the first half-hour turnover rate and its share price, are often able to explain whether the IPO market is large intervention and indicate the main trend of stock market outlook.
Under normal circumstances, 5-minute turnover of 20%, and 15 minutes for more than 30% turnover in 30 minutes for more than 40% turnover, so that a positive change hands conditions, are worthy of high concern. Appeared relatively short period of time if a significant change hands, on the one hand shows a rapid decline in the ballot the original chips, on the other hand shows want to speculation chips is increasing rapidly. To determine whether the shares have some short-term opportunities, the most important point is that if enough change hands full, under normal circumstances, the success of new shares changing hands nearly 60% of the time, people wishing to stir up the main funds have relatively large wild desire to be pulled from the cost of district action.
After the IPO trend of the specific how to interpret while the ever-changing, but it is a game in the final analysis, investors need to understand whether the one hand, the main financial involvement, on the other hand is to make it clear most of the costs involved in capital positions. Most of the cost areas to determine the method is very simple, that is, take a look at the most concentrated single-day trading volume when the average price line, it can be seen as a major cost areas, cost-plus or minus 10 points, near all still have a considerable intervention value. After all, the ultimate goal of financial intervention is to profit, which is the ultimate profit, if even more than 10% of the space is not, then there is money involved in the need to do? The answer is not self-evident.
It is worth mentioning that to actually rose to new shares, are often beyond the market most people expected, in other words, if a only the opening of new shares after the price is higher than the market most people expected, then the Such variety is worth the focus of concern. After all, the ultimate victory of the market are few, in order to successfully grasp the opportunities of new shares on the lonely, those who do dare to do, in the past after the listing status of Yangtze Power is a good case.
In short, whether the opening price after the listing of people "popping" the adequacy of market opening, after changing hands, people wishing to intervene in the cost price is close to the main area, these three specific analysis and grasp the investors must not be ignored. I believe that as long as investors are well to study and to analyze specific issues approach to analyze these three major factors in the opportunity to grasp new shares will have a greater probability.