Category: Money Tips Date: 2007-07-02
A retired teacher, Mr. Chang has become the last two years professional investors, the Ministry of time every day to the brokerage business "at work." Turning to stocks this year's earnings, he said he was lucky and full-year profit 20%, in the context of a bear market is already quite satisfied. Speaking of stocks know-how, he confessed that the most important experience is pegged to a number of unexpected bad news, bad news because it has withstood the test of the stock continued to decline in the short term are unlikely, they may set off a rebound at the bottom of fast-proven.
In fact, Mr. Chang is completely inadvertently realized the bad news of the "use value": the end of January this year, a friend spoke with him about Double-Crane Pharmaceutical Net assets per share is not low, if the dropping should be able to buy some. January 31, he saw the stock has been dropping three days, and I thought Bo might be a rebound, so Yao City in the stock fell nearly 3% when the starting bid. Did not expect the stock the next day issued a 50 percent decline in annual profit to notice of and to resume trading after Tiaokongdikai, almost in order to limit-down at close. Mr. Chang began to realize that their stepped on the performance of "mine", when nearly fainted. In the absence of the habit of stop-loss sell at a loss, he just do a low intention to get out of trouble waiting for an opportunity to cover short positions.
Even more surprising is that the Unit February 2 rebound slightly open, heavy volume that day was up 8.22 percent, partly covering the gapped gap, but he did not have time to cover short positions; another two weeks, only once to his quilt nearly 10% of the stock into a profit of 6%. Of course, he did not wait by the loss by turning it on this day, but not at a loss when you sell at a loss of amplitude due to be frightened fall any further back.
After reflection, Mr. Chang concluded that, if the dare to buy the bad news the day of release, though to bear the risks, but profits may soon have the opportunity to associate positive view of the main shipping habits, it is entirely possible to take bad Xi Pan. So, he began to pay attention to some bad news effects on stock prices, and try and buy. He found, in addition to fundamentals, particularly poor or rich profits drive stock, the stock is worth quite a lot to take such a risk.
Later this year, Mr. Chang more tasted the sweetness of this opportunity: July 19, he noted the constant negative news was released Kelon Electrical seizure of assets freeze announcement, saying the company is receiving the SFC to investigate the . Affected by this, the unit sealed after opening lower limit. Taking into account the large uncertainties, that he dared not buy that day. The next day, he saw the unit test a low Jibei pull up slightly, taking into account its historically low areas, the price is only 1.7 yuan, coupled with broader market there pick up signs began to keep buying, the results of the unit all the way shocks higher, after a week has risen to 2 yuan or so, he was well thrown, profitability of money; November 17, Prairie Xingfa is reported to the amendment notice, saying that the bird flu epidemic surrounding areas will enable the company lost about 3 million and will thus losses. After the announcement, the stock closed out the three entities, only a very small Yinxian, Mr. Chang, in its decline stopped after the intervention, after two days they have had some gains.
His most recent operation is the gold in the G. December 23, G Shaoguan smelter of gold that its subsidiary, has been discontinued due to excessive emissions, saying events on the Company's performance this year, little effect. Since G, Kim Jong-up period in the industry, its good fundamentals attracted many institutions, unexpected bad news may well be an opportunity for Xi Pan, so Mr. Chang early in the "pending" at the lower limit price of Office, indeed, tens of thousands of hand throwing a single stock to an instant hit, and lower limit, and then was quickly pulled up and closed the day down only 3.41%. The second trading day, Mr. Chang to throw the opening price, a profit 6%.
In actual combat, Mr. Chang continued to analyze the transaction before the release of bad changes, trends and shape, and gradually worked out a set of their own methods. Of course, he also has operating poorly, his experience is a look at the situation does not liquidate the firm and not leave things to chance.
As the saying goes, success is more than one way to find a suitable own way, is the key to make money. Old Chang behavior of such a sum up their own operations.
