Category: Money tips Release Date: 2006-11-30
Some experience slightly investors are aware that a wave of Quotes, the markets tend to be a kind of rhythm and the beat: First line stocks start, finished second-line stocks up stocks up, and then the three-line stock is junk stocks to rise, so then the end of Quotes . This feature in the early years of the market, the performance was particularly evident. Is summed up this strong ability of market participants as "bargaining chips to exchange." In other words, in the first line in place when the blue-chip stock prices, and the prices will basically come to an end, then part of which the holder to surrender a bargaining chip, and then grab a file into the low prices of stocks, and so on, until the final few kilometers from junk stocks were also ascended to heaven.
The current market has been vague people to feel this atmosphere. Front-line blue chips a long period of time in the recent stagnation, and some have even begun Yindie; a lot of funds underperform broad market; with the international advanced QFII investment philosophy were also appears monthly losses. Instead, the market cap, lower doubling emerging myth, A-share market is also a continuous limit-record was broken. Is the market really come to that stage of the legendary?
In fact, the black-bone chicken change Phoenix, garbage into gold is the most exciting stage, but also the most difficult stage, because it is undoubtedly the need to "stories" and "subject," of doing so. For example, restructuring, such as injection of assets, such as brokerage backdoor so. In fact, this is currently on the market right up to several "stories" and "subject matter", the stock doubled, and even pulling the multi-limit-relevant.
The Wall Street history, there had been an "e-tide," when investors do not care about the company's main business in the end what is, as long as it sounds with the electronics-related, they scramble to buy, so that later, some companies only put his name plus a "trons" suffix, share prices will soar. And then the subsequent wave of Internet stocks, but also the same replica.
Of course, not rule out that some stories may be referred to later become a reality, but the proportion is very low, with the mathematical terms, is a small probability event. As an ordinary investor can take advantage of these shares and the possibility of profit is not higher than in the probability lottery number. Investors see more of the stories the truth is: Makers Xihuo first, and then spread false information to attract follow suit, and then raised the cash windfall shipment; or a small number of stocks with the dealer and the largest shareholder through the exchange of unequal values, unpaid transfer or write-off means of making a false debt restructuring, in order to achieve a common interest in the secondary market. In this regard, Yiankeji owns the for, which then created the Chinese stock market over the first one hundred arbitrary myth became town talk about weaving rich-quick dreams of myth, and then later became the first drop of the Chinese stock market hundred dollars of stock, and then directed out of the "China Stock Market investors claim first case" of the repertoire.
History tells us that all the malicious fabricated "story" and "themes" are all great harm to the market, a malignant tumor. In view of this, management should improve the efficiency of real-time monitoring, increase efforts to combat the judiciary in order to maximize the protection of investors interest; investors should also be effective in reducing the sheep follow the trend of psychology and behavior, they must not let the "story" and "subject matter "In the bull market in the rampage.
