On the phone, Yuansheng and Zhang Sheng agreed that after lunch, the two families set out to walk the greenway of Pengcheng. Pengcheng is a city below Guangdong Province. There are many greenways in Guangdong Province, which is particularly convenient for national fitness.

.....

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

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

Yuansheng: "Yes."

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

The media also listed its four highlights for Jianfan:

1. Blood perfusion          The leader in the industry.

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

3. Domestic companies dominate the market and companies are the absolute leader in the industry.

4. Moving towards a professional and global blood purification industry group.

Against the backdrop of unanimous optimism from many media, Jianfan rose 18 daily limits in one go, and opened at the 18th daily limit, allowing retail investors to buy. The opening day of the daily limit was 78.65 yuan, the lowest was 75.20 yuan, and the closing price was 78.65 yuan.

Yuan, the daily limit was closed, Yuansheng and his friends bought it.

On the second day after opening the daily limit, Jianfan opened 1.72%, surged to 82.68 yuan and then fell back, closing at 75.93 yuan, down 3.46%. Yuansheng was used to reduce the position part of the position, reducing the cost.

A little bit.

On the third day, Jianfan opened 3.86%, the opening price was 73 yuan, the closing price was 69.65 yuan, down 8.27%. On this day, Yuansheng stopped the loss and sold Jianfan and told his friend: either stop the loss decisively or turn to medium.

Long-term, guarding for 1-5 years.

At that time, my friends chose to keep the medium and long-term trend, but as Jianfan continued to fall, N friends could no longer hold on and stopped losing and sold......... In the end, Jianfan fell to 2017.

On August 2, I saw 26 yuan and it was really bottomed out, which was even worse than halving! Only one friend had to wait until he got out of the trap and sold it after making money.

After a long sideways consolidation, Jianfan slowly rose, and it did not reach 199 yuan (re-right price) until May 21, 2021. If the opening price of 78.65 yuan on the first day is calculated to increase by 153% by 199 yuan, the time required

It's not a good business for more than 4 years. If you hit the bottom of 26 yuan and fight back and defend to 199 yuan, it will take more than 3 years to increase by 665%, which is a good business!

For Yuansheng, Jianfan is his Waterloo, which makes him understand what popular stocks need to be avoided. When it falls enough, buy it after it falls thoroughly, and it will be easier to succeed.

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

Yuansheng nodded in agreement: "Yes, Jianfan's trend once again confirms the famous saying of the stock market---------------------------------------------------------------------------------------------------

Yuansheng and Zhang Sheng were chatting while walking. Two little beasts were walking in front. Two ladies watched. The two big men were in leisure and continued to chat about the stock market......

There are chairs at every distance of the greenway in Peng City, and there are scenic spots on the way. The two little beasts had a great time...... I walked around and stopped and walked for more than 5 hours, and they were here.
Chapter completed!