Chapter 374: The Herd Effect

"Why didn't you come back to bed at night?" Xiao Xiao asked Chen Mingluo in a daze in the morning.

"You lock the door tightly, I don't think I can do it even if I come in-" Chen Mingluo replied with a grievance.

Liu Qingmei and Xiao Xiao were having breakfast, and they were a little unbelievable when they heard this. They didn't remember locking the door last night. It seemed that when Chen Mingluo went out, he probably brought a room card. How could he not be able to enter?

"Who is crying outside?" Liu Qingmei asked.

"A girl, when she saw someone going out, she left." Chen Mingluo replied.

He did not say Wang Simin's name. After all, everyone is a classmate, so there is no need to spread this gossip everywhere. If others know, there will always be some other associations, which would not be great.

It will always be difficult for girls to get involved in society without a good background. Chen Mingluo can understand this. In fact, he was himself before he was reborn and suffered from displaced for life. It was not until a long time later that he stabilized.

Put yourself in Wang Simin's shoes and think about it, Chen Mingluo felt that if he could help her, he would help her. He was all for the sake of fate, but he was just a little prescient, otherwise he would be a pitiful person.

"What are the arrangements today?" Xiao Xiao asked Chen Mingluo.

"I plan to go out to sea for a while today." Liu Qingmei looked at the event arrangements and said to Xiao Xiao.

Yuntai Mountain is very close to the sea, and the drive is about ten minutes. In fact, standing on the highest peak of Yuntai Mountain, you can see the sea in the distance. Sometimes if you are lucky enough, you can see a mirage, but this chance is relatively small.

Blue sky, blue sea, green mountains.

The paths are secluded, and European-style wooden houses are dotted in the native woods.

The waves are lightly patted, the birds are singing and the flowers are fragrant, the original ecology and original landform are not carved and needless to beautify. The high harmony between people and buildings and buildings and nature makes people feel very comfortable.

When the road reaches the end, there is a beach bay, and a stream flows down the mountain, and the scenery is beautiful.

Chen Mingluo and Xiao Xiao stood on the beach and stared at the sea, and for a moment they felt extremely quiet.

The blue of the sea water is absorbed by the sky. From a distance, a picture of sky and water complementing each other, and mountains and rivers blend together, outlining a picture of nature.

Along the coast, there were several 2-person bicycles slowly moving forward on the coastal road. The long hair of several female passengers was blown by the sea breeze and drifted in the air. All the tediousness of life disappeared, only the happiness and satisfaction written on their faces.

Looking east from here, there is a coastline that is nearly five kilometers away. On the left is the clear sea and on the right are continuous mountains. Wandering on such a coastal road, you will feel very comfortable.

Chen Mingluo and the others came in total, and they could just book a medium-sized yacht. The cost was naturally not too small, but they could go to the distant sea to take a walk, which was quite attractive to everyone.

When the yacht spread across the Shanghai area, I felt that the storm was still relatively strong, which was much more powerful than standing on the shore to watch.

Everyone was wearing orange life jackets, sitting on the seats, and wearing seat belts. Although waves were hit from time to time, making everyone's face full of sea water, there was no problem.

At noon, everyone returned to the shore for dinner.

Yang Jier called Chen Mingluo and said that in recent days, he heard that several major cities in China are rushing to buy isatis roots, so that they bought out all the pharmacies. At present, the price of isatis roots has soared, about five times that of the previous period.

"Is there such a thing?" After hearing this, Chen Mingluo felt that this was a bit incredible.

Isatis roots have been treated as myths that can cure all diseases for a long time. Whether it is an influenza or an infectious virus, isatis roots will be out of stock. What is the reason for this time?

Chen Mingluo checked all aspects of information, but there was no clear information. It seemed that the trend of Isatis root price increase this time came a bit inexplicably.

After thinking about it, he ran to the hotel, connected the phone line to his laptop, then dialed the Internet, entered the stock trading software, and focused on checking a few stocks related to Chinese medicinal materials, and found that all these stocks had risen without exception, and the amplitude was quite large.

"It seems that there is a behind-the-scenes pusher at the event--" Chen Mingluo, who is knowledgeable, immediately came to the conclusion.

Then Chen Mingluo opened the accounts of Yang Jier and Liu Qingmei and bought all these stocks, and then said to Yang Jier, "I have bought Chinese medicinal materials stocks for you. Pay attention to it these days. If you rise by 20%, you can take action if you have 30."

"How could I think of buying these stocks?" Yang Jier felt a little curious.

"There is no wind or waves--" Chen Mingluo explained, "The market is always guided by public opinion. There must be a reason for the rush to buy isatis roots this time. Chinese medicinal materials stocks are the only beneficiaries. If there are too many, they dare not think about it. There is probably not much problem with 30% of the returns."

Two days after Chen Mingluo and the others came back to play, the medical stocks that Chen Mingluo bought all hit the daily limit. Within a few days of connection, they were all a big red pillar, and retail investors couldn't catch up even if they wanted to.

Yang Jier called again and asked Chen Mingluo how he foresaw these pharmaceutical stocks that would rise sharply?

"This is very simple-" Chen Mingluo said that the stock trading ideas in this era are actually very simple. Fake news like this has caused a sharp rise in stocks, which has not been possible later, but rarely can last for more than three days. However, in this era, everyone's information exchange is relatively closed, so it will take longer to rise.

If the dealer is ruthless enough, it is very likely that the price will rise for a week.

However, for short-term speculators, 30% of the returns are very generous, so there is no need to continue to follow.

"What do you mean is that this isatis root buying wave has an inherent relationship with the performance in the stock market?" Yang Jier asked.

"It should be like this-" Chen Mingluo nodded and replied, "I heard from the gossip that this time someone spent money to hire many people to run to pharmacies and rush to buy isatis roots. Such things naturally would not be done unintentionally. Combined with the performance of the stock market, it is obvious that someone is planning this matter behind the scenes. Look at the number of pharmaceutical stocks in the stock market now, which one of them will not make hundreds of millions of dollars? Compared with the initial investment, it is really a huge profit!"

"But this time it is a nationwide rush to buy—" Yang Jier felt a little incredible. She felt that it would be difficult for a rush to buy just because of the dealer.

"Herde effect." Chen Mingluo pointed out the key point without hesitation.

"What herd effect?" Yang Jier said she was a little confused.

"The flock is a scattered organization. Once a head sheep takes the lead, the other sheep will rush up without thinking, completely ignoring the possibility of a wolf in front of it or the danger in front of it, or even a better grassland not far away. If a wooden stick is placed horizontally in front of a flock of sheep, if the head sheep jumps over, then the second and third sheep will also jump over. At this time, even if the stick is removed, the sheep behind will still jump up like the sheep in front, although the stick blocking the road is gone, this is the so-called herd effect, or it can also be said to be herd mentality." Chen Mingluo explained, "The herd effect is also a term in stock investment, referring to the phenomenon of followers imitating the investors during the transaction process, blindly following the trend, which leads the public to buy and sell the same stocks for a certain period of time. Blind followers often fall into a scam or fail."

"So that's it-" Yang Jier nodded, "Whether it is the virtual stock market or in reality, everyone's herd effect is indeed very obvious."

"The Chinese are the most herd group." Chen Mingluo commented, "so the influence of public opinion is the greatest, especially those little news, which is most likely to trigger the herd effect. This time, the wave of isatis root buying was actually intentionally created by some people, and more and more people discovered this situation, which finally triggered a huge herd effect, but became the kind of helper for others to make huge profits in the stock market, and they were not rewarded."

"Oh, I really didn't expect that these people's methods were really useless." Yang Jier said with some emotion.

In fact, in Chen Mingluo's impression, there are still many such things he has experienced. Sometimes when I think back, I feel that the people at that time are very stupid and naive, and are deceived again and again.

It can only be said that the herd effect has a greater impact in a country like China.

Yang Jier made a lot of profit this time and was very happy, so she invited Chen Mingluo to Yangshuo to play.

"It's not good, I'm accompanying my girlfriend now-" Chen Mingluo felt a little guilty.

When Yang Ji'er heard this, she was immediately angry, "Accompanying her girlfriend - what am I?!"

"Girlfriend from other places--" Chen Mingluo replied.

After hearing this, Yang Jier couldn't help but burst into laughter.

In fact, Yang Ji'er's personality is also quite unique, and her ideas are different from those of ordinary girls. Otherwise, she would not have been stuck with Chen Mingluo, but she did not clearly put forward the idea of ​​what to do.

However, when Yang Jier heard Chen Mingluo telling him what he was accompanying his girlfriend, she would still feel more angry.

"It's better, you bring your girlfriend here together, so that I can do my best to the landlords." Yang Jier said to Chen Mingluo at the end.

"I'm worried that you will fight--" Chen Mingluo hesitated for a moment, but still agreed.
Chapter completed!