Analyze how the main stock players save themselves after being trapped
Obtaining recurring income is one of the important reasons for investors to buy stocks, and dividend distribution is the main source of recurring income for stock investors. The editor has compiled it here for your reference. I hope you will gain something from the reading process!
How do the main stock players save themselves after being trapped?
1. Ship by luring the bulls. , when the main force is increasing its position or taking profits, the main force will continuously place large buying orders through the related account at the end of the trading day, quickly raising the stock price, and tricking retail investors into entering the market to take over the order, while the main force will take the opportunity to ship;
2. When the main force is covering up its position in a decline, it is trapped. Since the trap is relatively deep, it is obviously not cost-effective to cut the meat. Therefore, the main force will take advantage of the high point of the rebound to sell, and then collect at the low level. Chips are released by constantly selling high and buying low, but the main players who can do this are usually relatively strong;
3. When the main force is trapped in the early stages of building a position, because the trap is relatively shallow, Therefore, the main force will continue to collect chips at low levels, continuously reduce the cost of building positions, and prepare to pull up later;
4. If the short-term main force is trapped by chasing high prices, they will judge that there is no second wave of market conditions. Under such circumstances, they will directly cut off the market. After all, the short-term is very game-oriented, and the decline may be greater in the later period, so they will directly cut off the market and seek the next opportunity to unwind.
What is the meaning of stock option incentive plan?
In order to maximize the value of the equity held by shareholders, equity incentives are implemented under the modern enterprise system where ownership and management rights are separated. With the authorization of the general meeting of shareholders, the company's board of directors signs an agreement with the incentive objects headed by the operators on behalf of the shareholders. When the incentive objects achieve certain performance goals or the company's stock price rises to a certain extent due to performance growth, the company will grant incentives at a certain preferential price. The target's stock may be granted to the target to purchase the company's stock at a certain price within the validity period, thereby enabling the target to obtain certain benefits and promote the incentive target's efforts to maximize the interests of shareholders.
Article 149 of the original Company Law stipulates that a company shall not acquire its own shares, except when canceling shares for the purpose of reducing the company's capital or merging with other companies holding the company's shares; in addition The Shanghai Securities Regulatory Commission has relatively strict requirements for the issuance of shares. Therefore, China has always lacked the legal and policy environment for implementing equity incentives. Since 2005, in order to cooperate with the share-trading reform, the China Securities Regulatory Commission has launched the "Measures for the Administration of Equity Incentives of Listed Companies (Trial)", and the newly revised "Company Law" in 2005 stipulates that companies should reduce the company's registered capital and award shares to Employees of the company can acquire company shares under certain circumstances, which provides a policy and legal environment for the company to carry out equity incentives. By the end of 2008, more than 30 listed companies had approved equity incentive plans.
If part of the incentive fund is withdrawn to provide funds for exercise, it can be divided into stock options without incentive fund and stock options with incentive fund. Among the 15 listed companies that implement stock options, only Septwolves uses the increase in net profit as the base and withdraws incentive funds according to a certain proportion as one of the sources of exercise funds.
(1) Standard stock options. Standard stock options allow incentive recipients to purchase company stocks within a certain period (exercise period) at a price determined by the plan (exercise date) when performance conditions are met. If the stock price rises, the incentive objects will receive huge benefits; at the same time, for the company, the exercise of the incentive objects is also a kind of private placement, which can raise a certain amount of funds for the company.
(2) Withdraw stock options from the bonus fund. When standard stock options are exercised, incentive targets generally raise their own funds to subscribe for shares, but Septwolves withdraws incentive funds as one of the sources of funds for incentive targets when they exercise their options. Septwolves authorized 7 million stock options to incentive targets on October 25, 2006. In the first three years (2006-2008), if the weighted average return on net assets excluding non-recurring gains and losses is higher than 10%, the net profit growth rate will be calculated based on the net profit growth rate. , withdraw the reward fund. Incentive fund withdrawal amount = current year's net profit_(current year's net profit-10%)_1/9, the upper limit is 10% of the current year's after-tax net profit. The incentive fund will be distributed to the incentive recipients within 60 days after the announcement of the annual report resolution. The purpose of the incentive fund is only for exercise and cannot be used for other purposes.
The meaning of the stock term "more kills more"
That is, longs kill longs. Investors in the stock market generally believed that the stock price would rise that day, so everyone rushed to buy the stock. However, the stock market situation backfired, and the stock price did not rise significantly. They could not sell the stock at a high price. Until the end of the stock market, stock holders rushed to sell. , resulting in a sharp decline in the closing price of the stock market.