The market is now a dense break of new shares carefully copy the bottom break dark horse

"Red Weekly" reporter Shi Changyan the beginning of 2011, A shares on the history of the most intensive new shares broken mmmm, this year's listing of 21 new shares have 9 only on the first day of the listing break, especially in Tuesday just listed 5 new shares unexpectedly annihilated. With the market center of gravity down, as of January 20 closed, there have been 14 this year listed new shares below the IPO price, break rate of more than 60%.　　For a while, the market was flooded with claims of "high price-to-earnings ratios", "market bottoms", "big losses for new institutions" and "break stock opportunities". The new share break is just beginning. "The new shares are entering a tight break, indicating that the market is already weak." Looking back at history, we can see that the break in the new shares is consistent with the weak beat of the market. If in a bull market, 100 times multiples will rise. "Xu Guangfu, a macro strategy analyst at Xiang-Cai Securities, said. Reporter in the statistics from last year's market performance of listed new shares, there is indeed Xu Guangfu said weak city listed new shares break probability of the larger fact. Data show that last 5 ~ June, the market continued to fall, with 54 new shares appearing during the 13 break in June, and 46 breaks at the end of October for 106 new shares listed in July-October, suggesting that the rally was only a oversold rebound in the weak market,　　The market at that time was only a market for individual plates, and the whole remained weak. In addition to the market in the weak city, Guangzhou Securities analyst Zhang Guangwen that this year's large area of new shares break and restart the IPO system after the reform of the high price-earnings ratio is not irrelevant. "I don't agree with the so-called ' new stock break mmmm ' means that the market is bottoming out." He said, "Do not think that the current seventy or eighty times times P/E and the original 20 times times the price of the market bottom of the meaning is exactly the same, the new issue has only just begun!" "He believes that the SME board and the gem went very well last year, the increase is very large, and now the SME board is in high adjustment stage, and the current market is not very optimistic about inflation expectations."　　The new listing of the SME board will inevitably be adjusted with the adjustment of the SME plate and the gem. "Break is good. The spring pulls to the limit always goes to reclaim. He said that when the issue of new shares to talk about technical content, if the new shares can make money, it is unreasonable.　　Only break to become the normal, squeeze off the high valuation bubble, let the value return, the new shares can get the market recognition, only in this way to let the one or two-tier market real convergence, rather than appear upside down. Institutional betting on broken shares mmmm let the organization also very headache, many dozen new institutions are trapped in large sums of money. Statistics show that since the second round of the new issue of the IPO system last November 1 began, a shares of a total of 87 IPOs completed IPO, as of January 20 closed, 87 new shares have 40 break.　　Due to the network under the funds must be frozen 3 months before the lifting of the ban on sale, the 40 break of the new shares under the network to be allocated more than billions of yuan. One of the deepest sets of sinovel wind power, the head of the top board issued price/earnings, wind power industry leader, new energy concept, performanceTwo years to double the number of "Halo", before the listing was once seen as the big hot shares this year, but the first day of the market plunge let the markets surprised. As of this Thursday close, Sinovel cable 72.35 yuan, and create a new low share price, compared with 90 yuan per share of prices fell 17.65 yuan.　　From the net of the 21 million shares of the organization to see, only a sinovel wind power to let the institutions produced more than 300 million yuan book floating losses. However, the two-tier market still has institutions playing the role of death squads, continue to increase the stock break.　　In the Tuesday, from the exchange of the published trading seats data, the same day break style shares, Sirte, Xindu Chemical, Asia-Pacific Science and Technology and Hung road steel 5 new shares is the organization to increase the warehouse object. Of these 5 new shares, the agency bought the most is hung road steel structure, the agency on the day total buy 33.71 million yuan, accounting for its full-time turnover of 11%.　　The unit in the second two days of performance is also really tenacious, first, and then Yang, the Thursday stock prices back to the issue price. Hit new, fry new risk greater than opportunity "break will become a normal this year, I suggest investors cautious to purchase shares, not to learn the organization's dream to copy the already breaks in the IPO." It's too dangerous to be in the bag. Zhang Guangwen warned. Some stocks, although the break, but there is a bubble, when the market does not agree with the time, the stock price will continue to explore.　　See Sinovel performance of the wind to know, if the day break into the market to copy the bottom, then the stock these days performance can only let investors more sets deeper. Xu Guangfu also thinks it's too early to copy new shares. "The break in the new shares do not rule out a dark horse, but this opportunity is medium and long term." Under a bubble with a weaker market environment and a high P/E ratio, it is very likely that a stock break will continue downward.　　"If you want to dig out the New Black horse, you can now prepare to do the fundamental research, the development of good prospects, the performance of the stock can always maintain concern." For institutions to buy relatively large stocks can always pay attention to, but must be stable after the market can be shot. If the focus of the stock can be seen in the market before the end, before the market rebound, out of the independent market, investors are not late to enter, this is a more definite opportunity.