legendary trader

Chapter 745 Chapter 746

On Monday night, Chen Fan and Zheng Xiaopang came to the trading room.

After two consecutive days of fermenting over the weekend, the name of Qualcomm, the top-ranking stock in the rice stock market last year, has been heard by most stock market investors. As for what to do next, Chen Fan already has an idea in his mind.

In fact, after Chen Fan came to the resort this afternoon, Zhang Quan had already compiled the reports of the last two days and handed them over to him for his reference.

After entering the room and sitting at his own seat, Chen Fan did not pick up the pre-market briefing to read as usual. He had already browsed the content on it this afternoon, so he believed that no important news would be missed.

After the waiter brought in the hot tea and left, Chen Fan said to He Li: "Qualcomm opened at around 99 yuan tonight, touch 100 yuan, and then start slowly shipping out."

When He Li heard the words, he just thought about it and nodded in agreement.

After these two days of media reports, although the gimmick of taking the number one rise in rice stocks last year is attractive enough, it actually also implies a little risk.

Today is the first day of the new year, and investors who hold Qualcomm must be watching the trend of Qualcomm with wide eyes at this time.

Opening sharply higher is not only a huge surprise for them. Although some people may choose to close when they are good, but in the continuous short-squeeze trend of Qualcomm, those shareholders know that once they get off the car, it is difficult to come back. Naturally, more will be considered.

The off-market funds will choose to wait and see, looking for opportunities to enter the market.

Opening high is a double-edged sword. Today, there will be a lot of funds that want to enter the market, and those who want to get out of the car can't be stopped, so let's play the big game and see what the final result is.

It didn't take too long for the rice stocks to open. When the stock's opening price was continuously refreshed today, before Chen Fan exclaimed, Zheng Xiaopang yelled, "Damn it, this jumps directly to 31 yuan went to the capital."

Chen Fan turned his head and saw that the opening price of Oracle Software opened sharply higher today, directly opening at 31.16 yuan, a big increase of 3.14 yuan.

Seeing Oracle's opening price, Chen Fan just smiled. In fact, this is not the only stock that opened sharply higher today.

With the emergence of Qualcomm's opening price of 99.62 yuan, participants in the Nasdaq market experienced a small commotion.

Last year's annual growth champion, today, at this moment, there are really many investors who pay attention to Qualcomm's stock, and they all want to see how this champion horse will perform this year.

Opened sharply higher and did not disappoint.

But when the Nasdaq finally refreshed today's opening point, the market really fell into a short-term madness, and the opening was too high.

4186.19 points, which is the opening point of the Nasdaq today, directly opening 117 points higher.

After Chen Fan saw this astonishing opening position, he just shook his head and whispered to Zheng Xiaopang: "It seems that those people rushed in at the opening today, so it's hard to say anything."

Zheng Xiaopang just smiled. On Sunday, there was a small gathering in the investment circle of the imperial capital. At the meeting, many colleagues expressed that they would increase their investment in rice stocks this year.

Although many people at the meeting felt that rice stocks had risen continuously in recent years, and the increase was getting bigger and bigger, and felt that a huge crisis was brewing in the market, most people still only saw "opportunities" instead of "Danger.

Tang Jianbin, an investor who increased his position in rice stocks a lot these years ago, has really enjoyed a lot of glory during this period. Although everyone did not disclose their operation targets to each other when they got together, it can be seen from their demeanor that they will earn a lot. .

The colleagues who had previously dissuaded Tang Jianbin from investing in rice stocks more leisurely, but now they are more consistent in their opinions. They can increase their positions in rice stocks appropriately. God knows what an appropriate increase in positions refers to.

Of course, Chen Fan would not say that he was pessimistic about the rice stock market, but implicitly stated that he would not invest too much. Although he dared not say that he was not optimistic about the rice stock market, he still said that he would not increase his position.

At this stage, I really can’t say bad things about rice stocks, not only because he needs to have funds to enter the market to lift the sedan chair, but also because rice stocks are still rising. At least from the index, the Nasdaq still has a huge increase. Looking at it now Empty rice stocks are definitely not suitable, don't delay others from making money.

Although I don't know how long this last madness will last, but according to Chen Fan's observation, January is definitely safe and there will be no major disturbances.

According to the proposal of Qiu Shixun, another tycoon in the capital investment circle, a salon will be held every week in the future, and everyone will sit together to discuss the market situation of the rice stock market and brainstorm ideas.

Of course, Tang Jianbin readily accepted this proposal. It is said that the investment circles in Southern Shencheng and Guangdong City have similar gatherings, which are held regularly every week to exchange some information with each other.

The rice stock market trend on the first day of the new year was unsatisfactory. It was almost all portrayed by the same model. The opening was the high point. Finally, the Nasdaq closed at 4131.15 points. Although it still maintained a rise of 61 points, the increase also reached 1.52%, but after all Compared with the opening point, there is a 50-point overcast line hanging above the head on the daily chart.

Qualcomm fluctuated violently at the opening, and its stock price stabilized half an hour later. However, as He Li began to sell stocks to the market, Qualcomm's stock price fluctuated and fell back, basically following the path of the Nasdaq. It finally closed at 89.66 yuan, an increase 1.82%, the turnover was 9135 million yuan, and the turnover increased by nearly [-]%.

However, the number of net outflows that Chen Fan is concerned about is not very optimistic. Today, only 32 shares ran away, and the turnover was about 3 million.

Chen Fan calculated in his mind that he estimated that it would take three months to complete the liquidation work, but now it seems that it is not enough.

Of course, the main reason is to maintain the market. It cannot be seen that there are funds for shipments. You cannot sell stocks at will, and at the same time, it is really difficult to issue orders to maintain the trend.

Now there are fewer stocks traded on Qualcomm's market, the buy orders are not bad, and funds continue to flow in, but the stock price is too high now, and many investors have been lost, which also leads to a small number of stocks sold today.

After the market closed, Chen Fan chose to praise He Li and the others. Although there were few shipments today, the market was well maintained, and in terms of the total trading volume, their shipments accounted for [-]% of the whole day's trading volume, which is already very good of the operation.

After they left, Zheng Xiaopang lamented: "Hundreds of thousands of shares are sold out in one day, and we have 9 million shares in our hands. When will it be sold out?"

"It's easy when you buy, but it's difficult when you ship."

Chen Fan smiled and said, "I felt it last weekend, and only 33 shares were sold in the last two days. If you say that the market didn't buy it, it's not right. There is a buy list below, and it will be listed again if it is knocked out, but the unit price Too high."

"The unit price is too high. Many poor players dare not play this stock at all. Even if they are optimistic, they can only sell it slowly."

Zheng Xiaopang also said, "By the way, according to the position adjustment information you gave me last week, it should be to start restricting stock positions."

"Not all. Although the number of stocks has indeed been reduced, the main reason is that they are scattered. The reason for the reduction is that no suitable targets can be found. The situation of Qualcomm is different from the investment there. What is the amount of those stocks? If people directly drop the stock price, someone will protect the market, which is completely different from Qualcomm’s situation.”

Chen Fan shook his head and said.

"That's right, we haven't been a banker before. Although we sometimes control the market, it's always someone else's main banker. I remember that when the steel was speculated, the dealer directly took over our bargaining chips at a high price. It was a snap to leave."

Zheng Xiaopang nodded, thinking about his previous operations, it was true, he didn't seem to worry about shipments before.

"You can't become fat if you eat one bite, take your time."

Chen Fan got up with a smile, and walked out with Zheng Xiaopang.

After waking up on Tuesday, Chen Fan called Xu Jing and agreed to come to the resort in the afternoon to discuss something.

When eating with Zheng Xiaopang at noon, Chen Fan also told him about calling Xu Jing in the afternoon.

At around three o'clock in the afternoon, Xu Jing arrived at the resort by car. The three of them sat in the private room of the tea room. On the coffee table in the middle was a pot of freshly brewed Keemun black tea.

"It turns out that drinking tea is just to drink when you open your mouth. I came here. I learned from the tea doctor that there are differences in the four seasons of drinking tea. Drink scented tea in spring, drink green tea in summer, and green tea in autumn. Now it’s winter. It's better to drink black tea, sister Xu, try it."

Chen Fan cheerfully said to Xu Jing, and took a sip from the cup in front of him.

Zheng Xiaopang on the side laughed dryly, "Don't talk about that, let's talk about business, no one here knows how to drink tea, but the aroma of this tea is really good."

Chen Fan gave Zheng Xiaopang a blank look, seeing that Xu Jing didn't seem to have any expression, and he didn't bother to gossip.

"I called Sister Xu over this time, just to say something about the operation in the future, and let's discuss it."

Chen Fan didn't beat around the bush, and just said what he wanted.

"In the past two days, we have begun to try to sell Qualcomm's stock, but we must maintain a strong stock price, so the number of daily reductions is not small. Compared with the positions we hold, it is indeed far from enough. I don't know what you have. Good idea?"

After Chen Fan finished speaking, he stopped talking and waited patiently for their reply. In fact, Zheng Xiaopang was just an addendum. Both of them said it last night, but Zheng Xiaopang obviously couldn't help it, so Chen Fan wanted to say it himself. See if Xu Jing has any better ideas before finding a solution.

"The market is so good now, are you afraid that it will not be easy to ship?"

Xu Jing was a little surprised and said that she knew about the trading results of the previous few days, but Chen Fan and the others had already started shipping, so I really didn’t notice this. The increase and decrease of domestic stock positions are normal.

When the stock price is raised, it must be bought. During that time period, the stock position will generally increase. Even if you pull and sell while pushing up, but generally the amount of buying is greater than the amount of selling.

Once the push is in place and the stock price starts to adjust, it is natural to sell the stocks that have been increased in a small amount, so as to maintain the stability of the stock position and leave enough cash on hand.

Therefore, the increase or decrease of the Qualcomm stock they hold has actually been changing before. Although most of the time it is a small increase, but there are also times of decline for several days in a row, which is not enough. Now that Chen Fan mentioned that it is inconvenient to ship, Xu Jing If you think about it carefully, you can probably understand what it means.

Now the trading volume of the rice stock market has indeed increased, but in the case of Qualcomm, perhaps because the stock has been locked up in large quantities, the trading volume has been maintained at a low level, unless Chen Fan's heavy volume increases Otherwise, the usual trading volume is only 3 to 4 million yuan. Combined with the current stock price, the daily trading volume is only hundreds of thousands of shares.

This is actually a difference between the domestic stock market and the U.S. stock market. Although the trading volume of the U.S. stock market is not small, to be honest, the turnover of stocks is really small, but the main reason for this small turnover is not liquidity issues, but investment. institutional differences.

In the U.S. stock market, pension funds and long-term investment institutions from Western countries occupy the mainstream. After they buy promising stocks, they often hold them for a long time, directly locking up most of the chips, causing market supply problems. At that time, there were a lot of buying orders but they couldn't buy stocks. When the stock price is high, people don't need to continue buying.

The current situation is that they have locked most of the circulating chips at a low level, and now that the stock price is high, they can only sell goods slowly, and the speed will not be fast, unless the cost is not considered, but that will cause the stock price to plummet. It's also the result that Chen Fan doesn't want to see. After all, the atmosphere in the stock market is very good now, and in the prosperous and prosperous scene, how can it be sold at a bargain price.

"There is no way to do this. Stocks are not like gold and foreign exchange, and the trading volume is huge. As long as you choose the right time, it is relatively convenient to enter and exit."

Xu Jing thought about it and said, "You can only focus on the market, find opportunities to increase the volume of sales, especially when the market is soaring, let go and pour out."

Speaking of this, Xu Jing woke up suddenly, and seemed to understand what Chen Fan meant, "Do you think the rice stock market is coming to an end?"

In Xu Jing's opinion, the rice stock market has only started for a short time, and it should still be in the rising stage. She never thought that the market will end soon. Even though they have been operating rice stocks for a while, Xu Jing did not think in that direction , when she said the shipment just now, she realized that it seemed that Chen Fan meant this.

"Rice stocks should continue to rise for another two months, but it is estimated that our chips may not be fully sold after two months."

Chen Fan replied simply and clearly.

Xu Jing understood what was going on in her heart. Really, if she wanted to increase the volume in the rice stock market, if she wanted to reverse the shipment by continuously increasing the volume, it would only alert the institutions in the rice stock market. Not only can it not be shipped, but it is also necessary to protect the stock price and cover those small and medium-sized institutions from fleeing, otherwise they can only kill randomly, that is, the stock price will collapse.

"Then how do you want to operate?"

Xu Jing didn't have an idea for a while, and vaguely remembered that she had heard someone say something about the situation before, and she really didn't remember how they solved it at the beginning. Xu Jing could only make up her mind and go back to find someone to ask. There are many experienced combatants who should have dealt with similar situations.

I have no idea now, so Xu Jing still focused on Chen Fan. Since he thought of it and brought it up now, he should have some ideas.

(End of this chapter)