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 Sina Finance

Playing warrants is like taking an elevator

http://www.sina.com.cn 09:32, July 3, 2007 Beijing News

The bull market in 2007 has made people around me very bullish. Seeing others, I want to be bullish, so I put money into the market and want to enjoy the atmosphere of making money in the bull market.

After getting the card, I didn't understand the stock market, so I asked for help from my friends. My friend told me that the bull market has shown signs of weakness. Warrants are new things. When the stock market weakens, warrants will inevitably become popular. Under the guidance of friends, I bought 5000 potash fertilizer warrants at 2.6 yuan. After buying, the warrant was just in time for the carp to jump up and jump up.

Every day when I see the price rising, my heart beats and my eyes are hot. I calculate how much more money has been added to my account and want to sell the warrants for shipment. A friend said that stocks and warrants are a seesaw. When stocks fall, warrants will rise. You are enjoying the soaring period of warrants. Hold it, and you will become rich. But when the warrant rose to more than 5 yuan, I still couldn't help but sell it all. However, the price rose by 0.1 yuan just after the first move. In less than a minute, it rose by 0.3 yuan!

I was crazy about warrants. I immediately bought 5000 warrants back. In the following days, I was so happy that the warrant went up to more than 8 yuan. Then the warrant began to fall crazily, from more than 8 yuan to 7 yuan, 6 yuan, 5 yuan, or even 4 yuan. But I always think that I should go up again after being crazy.

In those days, I deliberately asked for leave to soak in the stock market for my warrant, and struggled with the pain of the decline of the warrant until the warrant fell to 3 yuan. I saw the TV program in the trading hall calling on shareholders to pay attention to the risk of the stock market, and also talked about the risk of delisting the warrants, and then I threw out all the warrants.

At last, I only earned 300 yuan. After earning only 300 yuan, I didn't get much in material terms, but I really enjoyed the "up and down enjoyment" and life experience like an elevator on the stock market. However, I may never see the name Potash Fertilizer Warrant on my account again.

Peng Wei

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