The following paragraph is
Dashu Junzuo’s operating ideas for selling Pien Tze Huang in 2021. It is retained for reference only.
During the long-term holding process of from the bear market to the bull market, if the stock in your hand rises too much, you should observe it closely. If the stocks held in the account have increased more than three times, you should pay close attention, especially if the monthly line has experienced rapid increases for two to three months. At this time, when a piece of bad news appears, you must sell decisively and adjust positions and exchange shares.
Pien Tze Huang is also one of my long-term heavyweight stocks. Its products have a long history and are highly effective. They operate monopolistically with exclusive confidential formulas and their performance continues to grow year-round. The bull market after 2015 has experienced huge gains, and it is one of my most profitable stocks. In Pien Tze Huang, the share price of and fluctuated around 250 yuan in March 2021. It began to rise in April, with an increase of 18.24%, an increase of 13.14% in May, and an increase of 17.02% in June. The stock price exceeded 490 yuan in early July, and the price-earnings ratio of and exceeded 150 times. There is obviously a valuation bubble. From my point of view, we low-cost long-term shareholders who hold Pien Tze Huang cannot hold on to Pien Tze Huang. Now that the "wind" to revitalize traditional Chinese medicine has come, let it blow as much as we want. We hold Pien Tze Huang and enjoy the bubble. But pay close attention to changes in the direction of the "wind".
Faced with the sharply rising stock price, Pien Tze Huang issued an announcement on the evening of July 21, 2021: Due to its own capital needs, Pien Tze Huang’s controlling shareholder Jiulongjiang Group plans to pass a centralized auction within 3 months after 15 trading days. The price reduction does not exceed 1% of the company's shares . On July 22, Pien Tze Huang's closing price fell to the limit , and on July 23, the closing price dropped another 5.49%. The major shareholder's reduction of holdings sent a signal, and the "wind" direction changed. After the weekend analysis, I made the decision to adjust positions and exchange shares. On Monday, I cleared Pien Tze Huang at 401 yuan-402 yuan when looking at the market in and . A stock rebalancing operation was carried out. Pien Tze Huang's profits were locked in at a high level and investment income was preserved. A year later, Pien Tze Huang's stock price adjusted significantly, falling by more than 55%.
