January 29, 2023 is a Sunday, and the stock market continues to be closed.

Yuansheng has nothing to do but study and recall the bull stocks that have appeared in the history of A-shares at home:

Universal education was the first to enter Yuansheng's mind......

All-Access Education was listed on January 21, 2014, and the closing price on the day was 44.31 yuan, and then slowly rose to 64.80 yuan on March 7, 2014 before peaking and falling.

The $34.80 on May 21, 2014 was the best buying opportunity, followed by repeated increases. Of course, there is a pullback in the rally, however, it cannot change its main theme of the rise. On May 13, 2015, it ushered in its highest point of 467.57 yuan (the compound price is 825.23 yuan).

It rose from the lowest point of 34.80 yuan to 825.23 yuan, an increase of 2271%, that is, it rose 22 times in less than 1 year. Why is it so good? There are 4 main reasons:

First, it is on the cusp, and from 2014 to 2021 is the year of rapid progress in extracurricular training and education for Chinese primary and secondary school students.

Second, A-shares were a big bull market from July 2014 to May 2015.

Third, it started with 16.3 million shares outstanding, which is a small-cap stock.

Fourth, in the bull market, small-cap stocks with special themes or in the wind are the vanguard and commandos of the bull market.

Combined with the above four factors, all-access education has been able to increase 22 times in less than a year. This is the charm of the stock market, which makes countless people bend their waists!

Yuansheng knows deep that the stock market has a charming side, but there is also a cruel side.

Yuansheng's mind has never forgotten such a picture: on the eve of the listing of a new stock, financial leaders or many big names stand for it. Yuansheng looked at the information and said that it was the first in China and the first in the world (because China is unique in the industry), so he took the risk to participate in the speculation of the stock.

Yuansheng's traditional fast-in and fast-out style allowed him to make a little money on the stock and retreated, and the final result was that the stock opened at 168 yuan (too long, the data may not be accurate), and then rose to 188 yuan in the next few days, and then fell all the way, never looking back! A few years later, it was delisted because its stock price was below $1 for 20 consecutive trading days.

Through the trend of the stock, Yuansheng comprehended: the ripe apple theory. In other words, apples are picked when they are ripe, and by the time they are transported to a shopping mall in a big city, they are already rotten........ Experienced growers are sure to start picking when they are close to ripe......... Therefore, the fruits we eat in the big cities are certainly not as sweet and fresh as the fruits you pick in the fruit farm. In the stock market, we should especially avoid this kind of stocks that are "ripe" before listing, the moment of listing is their highest moment, and then their performance goes downhill year by year, and it is not as good as a year after year.

There is no harm if there is no comparison, and if you are not afraid of not knowing the goods, you are afraid of comparing the goods. After 30 years of fighting, Yuansheng has deeply understood one of the mysteries of the stock market: stocks with too beautiful performance, high issue price and higher opening price, even if this kind of stock rises, the increase is limited------- which is equivalent to a barking dog, everyone is wary of it, and it is safe.

A dog that can't bark is thought to be honest, peaceful, and won't bite, but when you get closer, it may bite you hard......... Therefore, dogs that can't bark are more likely to bite and be more vigilant.

By comparison, we know that in the early days of the listing of All-Access Education, no one applauded it, it was just a very ordinary stock in a traditional industry; The halo of a stock listed at the highlight moment with the halo of China's first and the world's first led to its high-priced issuance (the issue price is more than 100 yuan, and the specific price cannot be remembered), and the opening price is 168 yuan....... Unless it is sold in the first few days, it will continue to fall later, and the stock price will never look back, and the final result will be delisting. 168--188 yuan to buy people, if they keep it and do not stop the loss, then it will fall below 1 yuan and be delisted, how tragic it is! This is the cruel side of the stock market.

Of course, the delisting of the stock is related to the recession of the entire industry, and the most critical thing is its own reasons, because in the context of the same era, the stock of the same industry is not delisted, only it is delisted, who can blame?

Through the analysis and recollection of the above two stock cases, Yuansheng deeply knows: if the price is too high, the stock that is in the highlight moment should not be touched as much as possible, because the highlight moment can be maintained for a short time, and the stock price will decline with its performance. Those that can cause upsets and become super bull stocks are most likely low-priced, small-cap stocks.

(To be continued)