Chapter 808: What stocks to choose! I don’t understand!
“Now that you’re here, what should I buy? I don’t understand these stocks.” Chen Xueru saw Cao Dongfang come in.
The room Chen Xueru was staying in was 230 square meters, more than twice as large as the room of the 10 million customer, and the decoration was similar.
The room is equipped with all household appliances, a mahjong table and an exquisite double bed. It is no worse than home.
Especially that big bed, people will definitely have a good rest on it, that’s for sure.
"I asked my mom and her friends to buy these four stocks for medium- and long-term investment. I don't know what stocks to buy for short-term investment. Small-cap stocks are good. They are suitable for short-term investment."
"Write down four mid- to long-term stocks for me to buy. Please help me select a few small-cap stocks. What are small-cap stocks?" Chen Xueru didn't understand.
"Small-cap stocks are stocks with a small number of shares in circulation. In our market, stocks with 500,000 to 5 million shares are considered small-cap stocks.
It's best for you to choose stocks with a circulating market value of less than two million and a profit of more than ten cents last year.
It is now July 1st and the mid-term financial statements of various stocks will be released soon. Don't step on the mines.
These are four mid- to long-term stocks. These two can be short-term. You can add as many mid- to long-term stocks as you want. The remaining stocks are not big, so you can buy them casually. "
"It's almost time for the market to open, but I don't know what the price is. What are mid-term reports and pitfalls?" Chen Xueru really didn't understand. She just wanted to lose more money in the future.
"Interim financial statements are reports by listed companies to shareholders in the middle of the year and the second year on their operating conditions for the past six months and a year, indicating whether they have made a profit or a loss.
What happens when you step on a landmine is that the previous profit was okay, but after you buy the stock, the profit drops sharply, and the stocks you hold also fall sharply, which is a landmine.
You will know the price of each stock when it opens, and you don’t have to add them to the list. Buy mid- and long-term stocks first. If you don’t have money to spend, save some and play with it slowly.
I'll go to my mom's place to take a look and come back later. You can take your time to choose and don't take it too seriously.
Playing short-term stocks is quite exciting, and sometimes it is like gambling. The bed here is nice. "Cao Dongfang does not think that buying stocks now will lose money.
The stock price now opens at eight times the earnings ratio. Since this is the first time for everyone to invest in stocks, there must be a lot of people waiting and watching.
If one still loses money when buying stocks at a price-to-earnings ratio of eight, how unlucky is that person to have encountered ST stocks?
The first batch of listed stocks were still good. After twenty-one years of opening, there were many good companies, which was different from Cao Dongfang’s previous life.
Cao Dongfang returned to Room 608 where Cao's mother was.
"Dongfang, you are back. Our order has been filled. We are going to buy three stocks in the short term. Too many stocks are not good.
I'll buy two million each of the four mid- to long-term stocks, and use the remaining two million to buy short-term stocks. Is that okay?" Song Xianxian has already decided which stocks to buy.
"You decide for yourself. Can you do short-term trading at work? Mom, have you learned how to trade stocks?" Cao Dongfang asked.
"I learned how to buy and sell stocks. It's not difficult and it's quite interesting. I can help Xianxian sell stocks and I have nothing to do at home." It's good for a mother to be educated.
"I can ask my mother to help me sell my short-term stocks. My parents and my eldest sister-in-law are also in the stock market. There are also people at the stock exchange who can be entrusted to do the operation." Song Xianxian knew a lot.
When Cao Dongfang heard that his mother-in-law had also come to the exchange, he said, "Your parents are here too. Which room are they in? Your stocks have been filled out. Let's go over and take a look.
Mom, "Let's go together. We haven't seen our mother-in-law for a long time. Let's go and talk."
"Did Aunt Zhao and Aunt Zhang go back to buy stocks? Do they want to buy these too?"
"They don't know how to buy stocks either, so they plan to buy these first and then choose their own stocks after they are familiar with them."
"Hello, mother-in-law. Xianxian and Dongfang, you are all not at work today, so come here to buy stocks." The mother-in-law, father-in-law and Xu Wenlan walked into the room.
My mother stood up and said, "Father-in-law, mother-in-law, Xiao Xu, I just heard from Xianxian that you are also investing in stocks here. You can try it. It's quite interesting."
Cao Dongfang, "Hello, Mom and Dad, you are here too. Which room is it? We just said we were going to go there."
"Hello, Auntie." Xu Wenlan greeted.
"Mother-in-law, please sit down. Have you chosen your stocks? Have some tea," my mother called.
“Don’t worry, mother-in-law. We are in room 612, which is very close to here. We can talk more when we have nothing to do.
We haven't chosen the stocks yet. I don't seem to understand this. Will Dongfang choose them? Are you going to work today? Still wearing a military uniform. "My mother-in-law is also speculating in stocks for the first time.
“I just came from the ministry and will be going to work soon. I came to take a look at the stock market as it just opened.
I know how to choose mid- to long-term stocks, and I have already chosen them. As for short-term stocks…” Cao Dongfang explained how to choose rubber stocks.
"Xianxian, help us fill out the form, Wenlan, you fill out yours. It's up to you how much money to keep for short-term trading. Qiansheng and the others will each get 10 million." The mother-in-law had already made all the arrangements.
"Dongfang, the stock market has been open for eight minutes, why hasn't the stock price moved?" Song Xianxian looked at the time on her watch.
"Everyone is just waiting and watching. It will be fine in a while. You fill out the form here. I'll go to the eighth floor to check. Ma Kangri and the others are in Room 801.
Xu Damao is in Room 803, and the people from our compound are in Rooms 502 to 517. There are so many people.
Qin Huairu and her sister live in Room 602, Liang Ladi and Yu Li live in Room 603...all of them are wealthy people from the car dealership.
Have you bought Jiajia's stocks? Why didn't she come here this morning?" Cao Dongfang scanned the exchange.
"You go first, I'll help my mother fill out the form. Why does Song Qianguo want to know that I want to buy the same stocks? Let him buy them himself."
Jiajia has classes at school in the morning and can't come, but Chi is free in the afternoon. Tingting and Duoduo each have an account, and our mom gives them money to buy stocks.
Yangyang used my account to buy stocks. I'll see if he opens his own account after the holiday." Song Xianxian answered while filling out the form.
"I see. I'll go check it out. I'll be back in a while. Mom, Dad, and sister-in-law, please sit down while I check it out. Xianxian is fine, come to room 801. Tang Juan and the others are also here."
"Fill out the form and I'll go."
........
"Hello Dongfang, aren't you going to work today? Why are you here in the stock market?" Ma Hua saw Cao Dongfang coming in.
"Hello, my mom and Xianxian also came to the stock market to speculate in stocks. She doesn't know much, so I'm here to teach them and then I'll go back to work." Cao Dongfang explained.
Ma Kangri, "You are still filial. Auntie is here too. I will go to greet her later. I haven't seen her since the Chinese New Year. Isn't your wife busy now that she is the vice president?"
"It's no problem for a vice president to take half a day off. She is also interested in stock speculation. Taking half a day off is a small matter. There are not many things to do in the hospital every day.
You two are both big guys, why are you still in the stock market? Are you going to be the banker and manipulate the stock market? Be careful or I will catch you. "Cao Dongfang said with a smile.
"You are wearing a military uniform and you came directly from the ministry. We don't care about stocks. The three of them want to speculate in stocks, and Xiao Fangzi didn't come to work.
Do you know what stocks to buy? We don’t know. The people here just taught us, but we still don’t know. Ma Hua is helpless.
"I know a little bit. It's mainly for the medium and long term. My mom and her friends chose these four. Short-term stocks are played like this...
In fact, you can make money by buying any stock now..." Cao Dongfang gave his reason.
"Brother, you are a wise man. The total amount of accounts opened nationwide is 520 billion. Even if the stock price-earnings ratio reaches 20 times, it will not exceed 200 billion. The circulating market of individual stocks is still too small.
Investors can also make the stock soar by throwing money at it. I’ll listen to you in the medium and long term, and I’ll rely on my luck in the short term.” Ma Kangri immediately understood what Cao Dongfang meant.
The five of them filled out forms, looking for short-term stocks.