Black technology: a super empire spanning two worlds

Chapter 268 [Finally reaching a new historical high]

The reason why funds are pushing up the market so strongly is that people are thinking about rising prices. At the same time, the volatility of the A-share market is indeed very large. It is also an objective fact that this market is highly speculative, which has magnified the volatility of individual stocks. However, it is really exaggerated that a super large-cap stock like Lingjing Technology can still be pushed up to a 20cm daily limit today.

The most important factor is that the company’s expectations are too strong and the fundamental logic is solid enough.

This historic breakthrough of the smart medical operating table has made people from all walks of life who are paying attention to the event realize that the implementation of smart medical operating tables will be much faster than everyone imagined, which is definitely far beyond expectations.

Previously, most people believed that although this technology had a promising future, it would remain in the laboratory stage for quite a long time.

Unexpectedly, the first human clinical trial has been successfully completed. At this rate, major hospitals will be able to purchase and introduce this equipment in two years or at most three years.

The capital market was naturally excited immediately, as this meant that Lingjing Technology was about to open up a trillion-dollar market, and the company also had extremely strong technological monopoly data.

Because, as of now, Lingjing Technology is the only company in the world that makes this kind of high-tech medical equipment.

If major hospitals want to use this technology, they can only place orders and purchase it from Lingjing Technology, and the smart medical operating table will definitely be introduced by major hospitals because this product has high efficiency and can make the surgical capabilities of county-level hospitals not inferior to those of first-tier cities.

For investors and capital markets, monopoly businesses are always the most profitable, especially technological monopoly products.

……

However, at this moment in the capital market, the stock price of Lingjing Technology fell back within less than three minutes after it reached the upper limit.

This is in line with the expectations of many people. It is too difficult to reach the daily limit directly until the closing, and the trading volume is not enough and needs to be supplemented.

The plate of 20 trillion is too big and the sedan is too heavy, it is quite difficult to lift it, and the stock price has risen to 235.03 yuan, which is very close to the historical high of 239.89 yuan.

The trapped shares at this position also have a need to be unwound, which further increases the selling pressure. Many people have expected that there will be a huge divergence in funds at this position.

However, the bulls in the market were also stronger than the imagination of various funds. Near the end of the trading day at 14:47, more funds bought into the divergence, and the originally weakening stock price directly turned from divergence to consensus.

It rose strongly in the late trading and finally hit the daily limit.

As of the closing, Lingjing Technology closed up +20.00% at 235.03 yuan, with daily trading volume swelled to a record high of 4212 billion and a market value of 20.4 trillion.

Judging from the peak of chips, today's daily limit has released all the trapped funds, and the profit-taking has reached 100%. The chips at the previous high of 239.89 yuan have either gone away or covered their positions to reduce costs, so there is no one standing guard at the sharp bottom.

……

The next day.

The popularity index of Lingjing Technology's stock still ranks first. Thousands of investors and stockholders are watching this stock. The stock price has reached near the previous high. After a year and a half, many people are extremely concerned about whether the historical high of 239.89 yuan can be broken today.

The first two attempts to reach new highs failed, the first time stopping at 231.29 yuan, and the second time at 212.22 yuan.

After the call auction ended in the morning, Lingjing Technology opened slightly lower and then fell back. Some short-term traders who came in yesterday to do intraday ultra-short arbitrage saw the low opening and went down, and were worried about the failure of the third breakthrough, so they focused on maintaining the existing few points of profit and withdrew early to lock in the profits.

However, three minutes after the opening, the stock price of Lingjing Technology stopped falling and was continuously swept up by large orders, with hundreds of millions of dollars being bought all the way. In less than two minutes, the stock price broke away from the zero axis and turned red and rose.

In the next few minutes, the stock price continued to rise strongly.

At 9:36, major market software pushed the following message:
[Lingjing Technology rose by more than +2%, and the stock price stood above the 240 yuan mark, setting a new historical high. The current transaction volume exceeded 800 billion. ] "Linghuang 666, finally a new historical high. I said, it can be done once or twice, but not three times. If it fails to break through the barrier again this time, it will be difficult to reach a new high in the future." A stockholder was also very excited when he saw the stock price of Lingjing Technology hit a new high.

Because he also invested in this company, his strategy is long-term investment, and he bought at a relatively high price. The cost of building a position was around 200 yuan. He has held the position for a year and has not sold a single share. He has continued to add to his position in the past year.

After receiving his salary, he used the remaining spare money to buy this stock. He did not choose the right time to buy, but bought as soon as he received his salary. Over the course of a year, he gradually increased his holdings to a large amount, and now the cost of holding the stock has dropped to 178 yuan.

After being trapped for nearly a year, the company finally turned its floating loss into floating profit in the past month. The current floating profit has exceeded 34 percentage points and is still expanding, because after Lingjing Technology's stock price hit a new high, it not only did not fall back, but instead accelerated its upward trend.

This breakthrough is indeed very critical. If the third breakthrough fails and then approaches the previous high position, most of the funds will have a strong desire to sell and do T operations after seeing that the previous three times fell back here.

Even if part of the position is sold, there are still a huge number of people holding this stock. If everyone sells a little, the total selling pressure will be huge.

If such a consensus expectation is formed, the difficulty of breaking through in the future will increase exponentially.

After breaking through the new high, Lingjing Technology's stock price showed a unilateral upward trend throughout the day, with both volume and price rising.

By the closing, there was another big positive line, with a huge after-hours increase of +12.37% to 264.10 yuan, a daily turnover of 3953 billion, and a market value of 22.92 trillion.

Lingjing Technology's stock price has soared in the past two days, and the capital siphoning effect on the entire market is particularly obvious. Although the index has also risen, in fact, a few banks and blue-chip stocks with Chinese characters in their names support the index, and small and medium-cap stocks have fallen badly.

There were less than 1000 stocks rising in the city, and more than 4000 stocks turning green and falling.

Every time Lingjing Technology has a large positive line with large volume, when there is insufficient incremental funds in the entire market, it is the funds in the market that are sucked away. Most of the funds go to participate in the game of Lingjing Technology, resulting in a large outflow of funds from other stocks, which naturally fall badly.

In the next two trading days, Lingjing Technology adjusted for two consecutive days, closing down -4.05% and -2.75% respectively. On the third trading day, it opened slightly lower in the morning and then quickly fell, falling by more than -3.5% at one point, breaking through the 5-day moving average support and almost swallowing up the second positive line.

However, it staged a deep V reversal in the afternoon, regained its position above the 5-day moving average, and finally closed up +1.25% at 249.52 yuan.

The next day, Lingjing Technology directly rebounded and recovered, with volume rising as soon as the market opened. In just twenty minutes, the stock price hit a new historical high.

Today, another big positive line appeared, with a surge of +11.09% after the market, closing at 277.19 yuan. The trading volume also increased to 3500 billion, an increase of 1797 billion compared with the previous day's 1700 billion. The company's market value also soared to 24.06 trillion.

In just six days, Lingjing Technology's stock price rose by more than 41 percentage points, and its market value increased by a huge amount of 7 trillion, nearly one trillion US dollars.

In October last year, the price plummeted to 10 yuan. Looking back now, that was a real gold mine. It started at 121.03 yuan and has doubled to date, with a cumulative increase of +121.03%.

Some are happy and some are sad. Those who bought the bottom in October last year and held on to it until now are smiling, while those who evacuated in panic at that time are not smiling.

Lingjing Technology's stock price has skyrocketed to a new high in recent days, and Mr. Duan has been mentioned again by many investors, who said that Mr. Duan has suffered a huge loss and they want to break his thigh. He clearly bought a large position at the bottom, but ended up selling at the floor, missing out on doubling his profits.

The outside investors who were just watching the show did not know the real reason why Mr. Duan sold the stocks at that time, nor did they know that Mr. Duan secretly used many "disguises" to buy them back quietly.

Obviously, Mr. Duan made a lot of money, but he didn't dare to make it public and chose to make his fortune quietly.

If he is discovered by Squid, he will be in big trouble.

……

(End of this chapter)