Chapter 44: Waterloo

On the phone, Yuansheng and Zhang Sheng agreed: After lunch, the two families set off to take a walk on the greenway of Pengcheng. Pengcheng is a city below Guangdong Province, and there are many greenways in Guangdong Province, which is particularly convenient for national fitness......

At 12:30, at the entrance of the Meishan Reservoir, the two families gathered together and walked slowly on the greenway.......

Zhang Sheng: "I heard that you walked Waterloo on Jianfan?" ”

Yuansheng: "Yes. ”

Yuansheng recalled the past five years ago, when on August 2, 2016, on the eve of Jianfan's listing, the media reported that the famous president of private equity zero was optimistic about Jianfan........

The media also listed Jianfan's 4 shining points:

1. The leader of the hemoperfusion industry.

2. Hemoperfusion is one of the fastest-growing sub-industries in the field of blood purification, with a market space of tens of billions.

3. Domestic enterprises dominate the market, and the company is the absolute leader in the industry.

4. Towards a professional and global blood purification industry group.

Under the background of the unanimous optimism of many media, Jianfan rose 18 price limits in one go, and only opened it at the 18th price limit, allowing retail investors to buy. On the day of opening the daily limit, the opening price was 78.65 yuan, the lowest was 75.20 yuan, and the closing price was 78.65 yuan.

On the second day after opening the price limit, Jianfan opened 1.72% higher, rushed to 82.68 yuan and then fell, closing at 75.93 yuan, down 3.46%. When Yuansheng hooked it at 82.68 yuan, it habitually reduced part of its position, which reduced the cost a little.

On the third day, Jianfan opened 3.86% lower, the opening price was 73 yuan, and the closing price was 69.65 yuan, down 8.27%. On this day, Yuansheng sold Jianfan with a stop loss and told his friends: either stop the loss decisively, or turn to the medium and long term, and keep it for 1-5 years.

At that time, friends chose to keep the medium and long-term, but with the continuous decline of Jianfan, N friends couldn't stand it and stopped selling one after another.......... In the end, Jianfan fell to 26 yuan on August 2, 2017 to see the real bottom, which was worse than cutting in half! Only one friend kept it until it was untied and made money before selling.

After a long sideways movement, Jianfan slowly rose, and it was not until May 21, 2021 that it reached 199 yuan (compound price). If the opening price of 78.65 yuan on the first day is calculated to 199 yuan, an increase of 153%, it will take more than 4 years, which is not a good business. If you bottom out at 26 yuan, and then kill back the carabine and keep it to 199 yuan, it will take more than 3 years, an increase of 665%, this is a good business!

For Yuansheng, Jianfan is his Waterloo, so that he knows what kind of popular stocks need to be avoided, and when it falls enough, he will buy it again, and it will be easier to succeed.

After listening to this story, Zhang Sheng was deeply touched: It is really not easy to speculate on stocks!

Yuansheng nodded in agreement: "Yes, Jianfan's trend once again confirms the famous saying in the stock market------ the heat will die!" ”

Yuansheng and Zhang Sheng chatted while walking, 2 little mythical beasts were walking in front, and 2 ladies were watching, these 2 big men were idle and continued to talk about the stock market..........

There will be chairs at intervals on the greenway of Pengshi, and there are scenic spots on the way, and the two little beasts have a lot of fun......... After walking for more than 5 hours, their group of 6 people finally walked to the longboard subway station at the end of the greenway, and finally chose to take the subway home.........