The More They Fall, The More &Nbsp They Throw Away.

Dong Jiangao and related personnel disclosed by Shenzhen Stock Exchange

A few analyses revealed that there were four characteristics of gem stock throwing.

First, we should focus on stocks.

For example, in May 6th, Ma Yun, vice chairman of Huayi Brothers, sold 11 million 91 thousand and 600 shares, accounting for 18.34% of his shareholdings, and 177 million yuan in cash. The supervisor Yu Feng sold 4 million 458 thousand and 600 shares and cash in 71 million 340 thousand yuan; Wang Yulian (Yu Feng's mother) sold 3 million 600 thousand shares, cash in 57 million 600 thousand yuan, and three total cash in 306 million.

Similarly, in March 23rd, Pu Zhongjie, general manager of Le Pu, reduced 15 million shares in a single paction, accounting for 18.47% of his shareholdings, amounting to 373 million yuan. He became the biggest executive of the year.

Although this year's quarterly report of Lok Pu's medical performance increased by 30.68%, the general manager took the lead in reducing cash holdings, but directly prompted the stock price to fall from 27 yuan to 21 yuan, or more than 22%, since March 23rd.

Two, regardless of the time, do not ask the stock price.

For example, in April 26th, the gem index fell for 5 days, from 1008 to 904, but 35 Internet supervisor Shen Wen Cai still sold 864 thousand and 750 shares, accounting for 10.77% of her holdings, and 21 million 445 thousand and 800 yuan in cash.

This attitude of reckless and resolutely throwing stocks is the most terrible.

The three is collective action and successful escape.

As of this year, there are four senior executives (one board chairman, one supervisor and two deputy general managers) for 15 times.

Also like Li Si Chen, less than half a year, there are 6 directors and supervisors.

Da Yu water saving, since the lifting of the ban in November last year, there were 9 directors and supervisors accumulated 30 times to reduce their holdings, of which the largest reduction of 1 million 500 thousand shares, at least 700 shares reduction, the removal of non shareholding independent director and the actual controller is still in the selling period, almost everyone involved in the sell-off.

There is only one explanation for collective dumping, which shows that the collective is not optimistic about the company's future.

The four is wide area and large volume.

According to statistics, in the last quarter alone, there were 49 GEM companies.

We should know that although the GEM companies have reached more than 200, only 79 of them have been listed for a full year, and the proportion of them has exceeded 7.

In the recent quarter, there were less than 10 companies that were net holdings, and the largest increase was only more than 60 thousand shares (Julong).

It is a danger signal that executives of the GEM board will fall decisively. This means that the gem that has fallen to 30-40 times earnings is still risky, because the cost of holding shares of executives (including their families) is too low to withdraw at any time.

However, as a public company's management, should not love the company, do everything possible to maintain and increase the market value of the company, should not do everything possible to create wealth for shareholders?

Only when we see our own interests, regardless of the image of the company, regardless of the interests of small shareholders, the GEM companies led by such executives obviously can not give investors confidence.