Just as the public expected music Watch 13 consecutive limit-down, direct investment funds before the cut of 3.91 yuan valuation, the various hot money and private equity in the 11 after the limit down 'cut Hu', the music Watch from the daily limit quickly pulled up, almost staged A shares of the classic 'heaven and earth floor' release of 41 billion turnover days However, A shares rivers and lakes wavey trickle, the next day the music network back to limit, most of the funds will be 'stuffy kill' staged the same scene Have the longest record refresh the daily limit ST Paul Trinidad, limit-stop game let Herd investors suffered heavy losses.
However, this scene deja vu, from the early silver Guangxia, alcoholic liquor to Xu Xiang's classic battle of Chongqing Beer, and then music Watch, ST Paul Trinidad, trader mode and investment philosophy of the same strain, people lament the stagnation of time In the A - share market, this is an old - fashioned game that maps to the long - standing game of short - term battleship in the A - share market, which is not a stock but a lottery in the eyes of some gamblers.
The founder of 'stock lottery theory' is exactly the 'stock god' Xu Xiang, from the summary of Xu Xiang after the classic beer in Chongqing Beer may be the classic battle after the complacent and happy, has been the first to see the dragon Of Xu Xiang opened his heart rare, so commented Chongqing beer-style investment logic: Chongqing beer is not a stock, lottery is the first scratch out 'thank you', the second scratch or 'thank you', this time we all Throw it as a waste paper, but the lottery is not finished, or that some people believe it has not finished scraping, in the back is a special prize it? This is the logic of the rally.
Sadly, in the past in the A-share market, the effectiveness of 'stock lottery' has been repeatedly verified in actual combat, leaving the logic of this investment deep into the hearts of the people, all the rage .In December 2011, Chongqing beer speculation for many years of hepatitis B vaccine exposure Blind effect of the black swan fly out, the resumption of trading for nine consecutive limit, Xu Xiang, 29 yuan involved in the pry open lower limit, then all the way to cover positions. Sure enough, Chongqing Beer ushered in a wave of strong rebound, Xu Xiang in 39 Yuan high near the liquidation, the successful withdrawal of money from Chongqing beer retreat However, after the withdrawal of hot money left a feather in the subsequent bear market, Chongqing beer fell to above 10 minimum.
Participate in the music net pry plate of hot money, with Xu Xiang bargain Chongqing Brewery the same logic of investment.Media reports, before the open optimism, a lot of hot money, private equity has been eager, 'hot money in Jiangsu and Jiangsu Gangster has been preparing positions to prepare funds to prepare Pry board music video of the 12th limit. '' A large warehouse operators involved in the music sled firmly believe there will be a huge profit next, when asked for the logic of the purchase, is a simple two sentences: 'Do not counseling is dry ',' Lost work site, won the club tender. '
However, stock lottery will not always be valid, lottery tickets expire is a waste of this investment logic is valid premise, a large number of investors believe and follow, there is a large number of 'silly' 'When the market ecology changes, the investor community no longer superstitious this excessively speculative rebound logic, lottery in the hands of the hot money will be worthless treasure, will no longer have the lucky grand prize.
In recent years, the concept of A-share market value investment gradually enjoys popular support, over-speculative culture no longer occupy the mainstream.With the speculation of small, speculation, shell speculation, speculation "four speculation" as the symbol of evil culture, gradually by most investors Abandoned .Let's be prized after the fate of the plate, we may wait and see, is to see Chongqing beer brewing repeat feast or * ST Zhong An all the way south.
In fact, the A-share market, the stock as a lottery not only involved in Chongqing Beer, LeTV and other hot money, private equity in the eyes of some listed companies in the eyes of major shareholders, its companies are also similar to a lottery can be manipulated. The occurrence of the phenomenon of "flash collapse" of individual stocks lies behind the over-pledge of a few companies and the increase of leverage through trust and asset management channels. As a consequence, there is a "Zhuanghua" of a few listed companies, with leveraged funds supporting market capitalization. Rotten and valuation of the company, once in the capital chain crisis frequently 'flash collapse'.
It can be said that investment in gambling, stock lottery, listed companies Zhuanghua, A-share market for many years Shen Ke in the return of the value of investment today, I hope the stock no longer become a random lottery in the hands of hot money.