According to the buy and sell data from the Dragon-Tiger List disclosed by "Teli A".
It can be seen that the 'Qilu Gang', 'Qingchun Road', and 'Xinyue Road' that intervened yesterday all sold a significant amount of chips, while the fund from 'Rongchao Business Center' even cleared its position to take profits and exit.
As for the buying seats, 'Jintian Road', 'Gusu Renmin Road', and 'Yuhang Tiancheng East Road' several major brokerage offices ranked in the top three, with 'Gusu Xibei Street' and 'Modu Jinling Road' two major brokerage offices following closely, ranking as the fourth and fifth buying seats.
"The fund from 'Jinrongjie Fuxing Road' indeed locked its position."
Seeing the buy and sell data from the Dragon-Tiger List disclosed by 'Teli A', Li Jinshi said in the internal group of the 'Foshan Faction' main speculative funds:
"Jintian Road and the Gusu Faction funds entered the market to take over today's trading. Judging by the trading style of these two funds, as long as the overall market sentiment isn't too bad tomorrow, and no unexpected major negative news appears on the market, 'Teli A' will most likely still be able to achieve a three-day rally, right?"
"'Jinrongjie Fuxing Road' locking its position is within everyone's expectations,"
Chen Guiyun said,
"but I didn't expect the main attacking force on 'Teli A' today to be the 'Gusu Faction' main fund. This fund's trading style is very aggressive; as long as there's anticipation and sentiment support, it will aggressively pull up the stock, quickly pushing the stock price and sentiment expectations to their peak, and it especially likes to monopolize gains."
With this fund dominating 'Teli A''s market trend.
If the overall market sentiment is good, this fund might intentionally push the stock to its limit during the call auction phase, causing 'Teli A' to exhibit a low-volume acceleration trend.
"No,"
Liao Guoxiang pondered for a moment and said,
"Although the 'Gusu Faction' main fund bought a lot of chips today, compared to the 'Jinrongjie Fuxing Road' main fund already in the market, the chips they hold cannot significantly influence 'Teli A''s market trend."
Furthermore, last time, with the stock 'Meiyan Jixiang'.
This fund wanted to execute a "low-volume accelerated rush to the top" one-wave operation, but 'Jinrongjie Fuxing Road' crushed the market.
This time, facing the same situation.
With 'Jinrongjie Fuxing Road' holding significantly more chips than their own position size, and possessing a considerable cost advantage.
When the market opens tomorrow, regardless of sentiment.
This fund will not dare to push the stock to its limit and create a low-volume accelerated trend.
After all, for 'Teli A', many major speculative funds currently in the market have not yet cleared their positions and taken profits.
If they dare to push the stock to its limit at this time, they will be trapped by other speculative funds in the market that have a cost advantage.
"Brother Liao is right,"
Li Jinshi responded,
"but I feel that after today's chip turnover for 'Teli A', the internal chip structure has become more dispersed. The various major speculative funds gathered in it are also becoming increasingly complex.
It seems that apart from the 'Jinrongjie Fuxing Road' fund, which has a slightly larger position size, the positions of other speculative funds are basically balanced, and no one can control the market!"
"That's true,"
Chen Guiyun replied,
"Through the Dragon-Tiger List data of 'Teli A' these past few days, it can be found that currently in the market there are 'Jinrongjie Fuxing Road', 'Qingchun Road', 'Xinyue Road', 'Gusu Faction', 'Jintian Road', 'Tiancheng East Road'… and I don't know if the 'Qilu Gang' fund has exited completely. It's truly a coexistence of multiple funds, with so much capital in there… it might be difficult to form a consistent collective force, right?"
Liao Guoxiang chuckled lightly and said,
"After continuous turnover, 'Teli A''s internal chip structure must be becoming increasingly concentrated. This can be seen from the daily Dragon-Tiger List, where the main funds consistently show a net buying trend. Without a doubt… its market chips are still rapidly moving from retail investors to our circle's various major speculative funds."
Therefore, the claim that the internal chip structure is becoming increasingly dispersed is unfounded.
However…
Currently, there are indeed many major speculative funds gathered in this stock.
However, now that 'Teli A' has reached its current stock price, its floating market capitalization is already close to 10 billion.
A floating market capitalization of this size can accommodate the coexistence of so many major funds.
Moreover, for a leading stock with a core concept like this, its speculation height and stock price trend, with a floating market capitalization of 10 billion, cannot be solely determined by any single fund.
There is no single main fund that can control the market and independently guide the market breakout.
With this stock at its current position.
Only through the sustained collective efforts of various funds, coupled with market sentiment, the retail investor following trend, and other factors, can the speculation space be opened up and the market trend be sustained.
"According to Brother Liao's statement…"
Li Jinshi pondered for a moment and said,
"The coexistence of multiple major speculative fund forces internally isn't a bad thing; in fact, it might be more beneficial for the future market trend of this stock?"
Liao Guoxiang said,
"This is how I see it: at this point, if 'Teli A''s market were dominated by a single major speculative fund, meaning if the 'Jinrongjie Fuxing Road' fund's position size were twice as large, reaching the point where it could control the market as you mentioned, then many subsequent funds would probably be even more hesitant to follow."
It is precisely because multiple major fund forces coexist in the market, and the turnover is extremely sufficient, that no matter whose selling pressure, it can be quickly absorbed by the buying forces gathered by followers due to the ample liquidity in the market.
Only then do other major speculative funds dare to continuously intervene and take over the market.
Anyway, I think today's Dragon-Tiger List buy and sell data for 'Teli A' is much better than I expected.
Neither 'Jintian Road' nor the 'Gusu Faction' achieved a dominant position, and the 'Jinrongjie Fuxing Road' fund did not frantically continue to increase its holdings.
A balanced holding situation among the main funds is best for the stock's subsequent market trend.
Based solely on this Dragon-Tiger List buy and sell data.
I feel that tomorrow, 'Teli A' will continue to show a fluctuating turnover and limit-up trend, breaking through the first round of speculation highs, and fully setting the expectation for the third round of market speculation, which is becoming increasingly clear and defined.
"It seems Brother Liao is very confident about 'Teli A''s trend tomorrow,"
Li Jinshi said,
"Has Brother Liao already formulated a trading plan and is preparing to buy into this stock tomorrow?"
Liao Guoxiang responded,
"More or less. I feel that the right-side opportunity for this stock is becoming increasingly obvious."
"Since Brother Liao plans to trade this stock, then there's nothing to say…"
Chen Guiyun's logical analysis of 'Teli A' and his interpretation of the Dragon-Tiger List data were not as detailed or thorough as Liao Guoxiang's, but since Liao Guoxiang clearly expressed optimism about the stock's market trend tomorrow and believed that 'Teli A' would likely launch a third wave of speculative activity, he naturally wouldn't fall behind.
"I'll follow with 10 million tomorrow."
"Since everyone is optimistic, then let's just go for it directly during tomorrow's trading,"
Li Jinshi pondered for a moment and also said.
Their three seats usually move in association.
Since Liao Guoxiang and Chen Guiyun both intend to take over this stock, betting on its third wave of speculative activity, he would naturally keep pace.
Just as several speculative fund bigwigs from the 'Foshan Faction' were meticulously interpreting 'Teli A''s Dragon-Tiger List data.
And formulating their trading plan for tomorrow.
Within the 'Gusu Faction' main speculative fund group, which was the main attacking force on 'Teli A' today.
Zheng Jinming from 'Gusu Renmin Road' gazed at the 'Jintian Road' brokerage office in the top buying seat, smiled, and said,
"I didn't expect to run into 'Brother Jintian' on the market today."
"'Brother Jintian''s market pattern is quite good,"
He Chong from 'Gusu Xibei Street' said,
"Since it's the 'Jintian Road' fund, tomorrow's market pressure on 'Teli A' shouldn't be particularly high. As long as the 'Jinrongjie Fuxing Road' fund doesn't crash the market, the probability of 'Teli A' breaking through its previous highs, reaching a new high for this round of speculation, and establishing expectations for a third wave of speculative activity, is quite high."
"It's a good thing the 'Rongchao Business Center' fund left today,"
Zhang Xinlei from 'Modu Jinling Road' exclaimed,
"Otherwise… all the selling pressure would have piled up for tomorrow."
"But 'Qingchun Road' also left,"
Old Qian from 'Yuhang Wenhua Road' said,
"I originally thought the 'Qingchun Road' fund would lock its position along with the 'Jinrongjie Fuxing Road' fund, but I didn't expect… this fund's holding pattern is still far inferior to that of the 'Jinrongjie Fuxing Road' fund!"
"'Qingchun Road' clearly still holds positions,"
He Chong said.
"It's fine,"
Zheng Jinming smiled and said,
"Given the driving effect 'Teli A' had on the entire market today, there's no doubt that this stock is the soul stock determining the current market trend. With extremely high market attention and discussion heat, the herd effect among retail investors will not be bad.
Tomorrow, the various major speculative funds in the market, no matter who crashes the market, the funds following the trend will most likely be able to absorb it."
"Brother Zheng, do you plan to lock your position tomorrow?"
Zhang Xinlei asked.
Zheng Jinming pondered for a moment and said,
"I'll lock the position first and see. If it can achieve the three-day rally expectation, then I definitely won't sell. If it can't achieve the three-day rally expectation and can't open up the speculative expectation for a third wave of activity, then I'll definitely have to take profits and exit promptly. I'll observe the specific market trend during trading tomorrow; it's hard to say how this stock will move tomorrow right now."
"The key depends on the movements of the 'Jinrongjie Fuxing Road' fund tomorrow,"
Old Qian said,
"If this fund continues to lock its position, then the market pressure will be significantly reduced, and a three-day rally will likely be achieved."
"Yes, currently in the market, the 'Jinrongjie Fuxing Road' fund should have the largest position size,"
Zhang Xinlei said,
"I hope this fund can continue to maintain its stance and fully bring out the third wave of speculative expectations for 'Teli A'. This would be very beneficial not only for the evolution of this stock's trend but also for the evolution of the entire market trend."
As for the current market trend.
'Teli A' has already become the sentiment indicator for conceptual theme speculation in the entire market.
Without a doubt…
As long as 'Teli A' can continue to open up upwards space and sustain its upward trend.
Then, other popular conceptual theme stocks in the market, even major weighted stocks, and the broader market index, will all perform well with the boost from strong short-term speculative sentiment.
Will have a better performance.
This is also why Zhang Xinlei said that if the third wave of speculative expectations for 'Teli A' emerges.
It would be a good thing for the entire market and for all investors participating in market trading.
"I'm just afraid that the 'Jinrongjie Fuxing Road' fund will use 'Teli A''s stock price breaking through previous highs as bait, then, after attracting various following funds from the market, suddenly crash the market,"
Old Qian said,
"We witnessed the sharp trading tactics of this fund with the stock 'Meiyan Jixiang' before."
It's precisely the fear that the 'Jinrongjie Fuxing Road' fund will suddenly crash the market again.
Therefore, even though he knew 'Teli A' would most likely rebound to a limit-up today, he didn't buy many chips.
"Probably not,"
He Chong said,
"The 'Jinrongjie Fuxing Road' fund's position size this time is far smaller than its previous position size in the stock 'Meiyan Jixiang'. Moreover, last time this fund suddenly crashed the market in a concentrated manner, it was also due to poor overall market sentiment and the risk of a sharp decline in the broader market. This time… I don't see that kind of risk."
"Mm, Old He is right,"
Zheng Jinming said,
"Even if the 'Jinrongjie Fuxing Road' fund crashes the market tomorrow, with strong bullish sentiment assisting, the following funds will most likely be able to absorb the chips sold by 'Jinrongjie Fuxing Road', so… there's no need to worry too much."
Many other speculative funds in the circle shared Zheng Jinming's thoughts.
At this moment, many other speculative funds in the circle were also paying attention to the Dragon-Tiger List buy and sell data of 'Teli A' and discussing it intensely.
As for Su Yi, who was at the core of everyone's discussion, he was also quite satisfied with the buy and sell data disclosed by 'Teli A' today.
As the core main fund driving and leading 'Teli A'.
And as the active speculative fund holding the largest volume of chips within the stock's internal chip structure.
He was more worried than other subsequent major speculative funds that 'Teli A' would, in its early stages before clearly establishing expectations for a third wave of speculation, fall into a situation where one or two major speculative funds held excessively large positions, causing subsequent following funds to be hesitant to enter and take over the market.
It was also to prevent this stock from falling into such a situation.
That he didn't max out his position in this stock during the first and second limit-up days.
"'Jintian Road', 'Gusu Faction', 'Tiancheng East Road', 'Qingchun Road', 'Qilu Gang'…"
Su Yi pondered with a smile, looking at the remaining major speculative funds within 'Teli A' at this moment, thinking to himself,
"Very good, give and take, you enter, I exit, continuous turnover and relay can constantly flush out floating chips, control profit-taking to an appropriate level, and also continuously raise everyone's holding costs, providing a strong chip accumulation support platform for stock price increases. With this Dragon-Tiger List buy and sell data… 'Teli A''s three-day rally trend today is most likely stable."
In addition to the Dragon-Tiger List data.
He looked at the overall concentration level of the chip structure held by investors in this stock.
He found that after continuous turnover since 'Teli A''s resumption of trading, its chip structure had completely converged to the price range of 40 to 50 yuan.
It can be said that the chips held within this price range accounted for over 90% of the entire circulating chips.
Earlier, lower-cost chips had long been washed out during continuous turnover.
With such a concentrated chip platform structure, the selling pressure from profit-taking and from previously trapped positions would appear relatively limited.
As long as market sentiment is good and there are no major internal or external macroeconomic negative factors, it would not be too difficult for the stock price to break upwards.
And just as Su Yi expected…
With 'Teli A' consistently topping the list of popular stocks in both markets, continuously attracting widespread discussion and attention.
The next day, Friday, October 16th.
When the call auction ended in both markets, 'Teli A' opened significantly higher with an 8.12% premium, in an extremely aggressive manner amidst countless following funds eagerly snatching up chips.
Without waiting for everyone to react, it immediately opened high.
Surpassing the high point of the first round of speculation and the high point before the sharp decline before the trading suspension in the second round of speculation, it created a new rebound high, approaching the historical high established during the previous bull market peak.
"What the heck, what's going on? It just directly… hit a new high?"
Seeing 'Teli A''s explosive high opening, close to the daily limit, all investor groups watching this stock across the entire market, whether retail investors, major players, or active speculative funds, showed expressions of surprise on their faces, all feeling that this opening trend far exceeded their own expectations for the stock's movement.
(End of Chapter)