Venture board stock break stir two days

Chen Although Gem index yesterday stubbornly close to 1000 points above, but shrouded in the two-tier market investors head of the haze does not seem to be far away.　　As of yesterday's close, there were still 18 stocks in a break. will continue to "fall" "November 1 the first batch of gem listed companies on the release of the original stocks, will usher in real pressure, then most of the individual investors will lose money on the gem stock."　　"Shanghai on a medium-sized brokerage strategy analyst to the" First financial daily "reporter said that many of the domestic growth of gem companies do not support the current high valuations, so the original shareholders get the right to ban, the gem will continue before the decline. The gem fell as early as June 17 this year. The gem index tumbled 5.11% that day.　　Although the gem index rebounded again in early July, it still has a gap of nearly 10% from the peak in early September to the highest point of June 17. The biggest impact of the collective decline of the gem is that investors holding gem stocks suffered heavy losses.　　And the statistics break size can be roughly explained gem stocks fell tragic degree. According to wind information data, as of yesterday's close, 130 gem shares in a total of 18 stocks lower than the issue price. One of the most serious break is the January 8 this year, the listing of NETAC technology (300042.　　SZ), the current share price is equivalent to 76% of the issue.　　In addition, according to the statistics of the financial information, since the first batch of gem stocks had been listed to the close yesterday, a total of 37 stocks had fallen below the IPO price, equivalent to 1 stocks in each of the 3 gem stocks that had a break history.　　Why do you want to fry the money? In fact, through the 2010 Interim results report, the gem of the company's gorgeous growth coat has long been stripped away.　　Then, why the gem listed companies will be two-level market investors "stir-fry" it? Nanjing a private equity boss that has been a a-share a new thing, big to a system, such as the reform, small to a variety, such as warrants, after the listing will be the professional speculators hype, "gem will not be exceptional." "In addition, the above private equity bosses believe that the gem will be listed on the market to fry, the plate is too small is the most direct, or even the most important factor."　　From the level two market Republicans, the plate is small and easy to manipulate. Shanghai, a top-ranked Sunshine private general manager also pointed out that the gem listed company's high price-earnings ratio also led to the two-tier market investors "Fry" gem, "but the price-earnings ratio to assess a stock's inferiority, itself is flawed." These people also said that as the ban period is approaching, the pressure of the gem still exists. But the lifting of the ban will only create short-term valuation pressures, and for sectors and stocks with good fundamentals and broad growth prospects, the decline offers better long-term investment opportunities.