The major economic event in the United States in 2001 can be said to be the bankruptcy of Enron. The essence of Enron's bankruptcy lies in the company's own inability to make profits. However, the factors that caused people to start investigating the company are worthy of our reference. There are also It is helpful for us to analyze some stocks in the current market.

The initial problem with Enron was that some people were doubtful about its profit model, and then someone discovered that as Enron's CEO, Skilling had been selling his Enron stocks - and he There were constant claims that Enron's stock would rise from around $70 at the time to $126. Moreover, according to U.S. law, members of the company's board of directors cannot sell the company's shares unless they leave the board of directors. On the one hand, this person who is optimistic about the future growth of the company's stock price, but is also restricted by law and cannot sell stocks, has continued to do illegal and profitable things, which has aroused people's suspicion of Enron. Subsequent investigations found that Enron The incident of false accounting led to the company's bankruptcy.

The company's executives undoubtedly know the company's current situation and future best. The reason why Skilling kept selling shows that he is not optimistic about the company. That is the fact. Enron was a Fortune 500 company at the time. One of the companies also went bankrupt overnight. In our A-share market today, companies continue to issue statements that are optimistic about the company's future. However, while being optimistic, we see many phenomena that are similar to Enron's situation at the time, that is, large and small differences. ruthless selling. From the perspective of senior executives, the big and small differences seem to be different. In fact, if you analyze it, you will understand that they are the same thing.

The large and small debts in our market today are a phenomenon unique to China. You can think about the relationship between the holders of these large and small debts and listed companies. Some state-owned enterprises were the first to go public. The only people who can hold the shares are other state-owned enterprises and the company's executives. As the timetable changes, the owners may change, but no matter how it changes, I think there will be some changes. One thing that will definitely not change is that these holders of large and small assets are more or less senior executives of the company, or people who are inextricably connected with the company. They have a very clear understanding of the current situation of the company. ． So we have reason to equate them with company executives (not to mention the owners of large and small private companies that have been listed in recent years.). The problem that some companies are still selling when their stock prices continue to hit new lows or is very low is very clear. Yesterday we talked about Su Changchai A, and among the many sell-offs, we saw the development of Kaaba today. It illustrates this problem. The third quarter report shows that the net assets per share reached 3.949 yuan, the performance increased threefold, and the main operating income increased by 19%. The result was that the net assets were less than 2.92 yuan yesterday. If it was bought at a price, what problem does it indicate? Is the company also making false accounts, or is it even more difficult to see the development prospects of the company below? I think Enron can give us some inspiration.

Currently, almost all large and small companies in the two cities are cashing out every day. We have nothing to do except deal with their huge profits (this is because the government does not consider us people). For these companies that are cashing out , as friends who hold these stocks, we should study them carefully. Don't make unnecessary sacrifices.

After the market fell today, it rebounded and closed above 1,700 in late trading, which was slightly stronger than expected. Such strength may be affected by external market conditions, and there may be some short-term losses. However, in the current situation where there is no sufficient reason to intervene, except for those who are not afraid of stop loss and perform fast in and fast out operations, other investors are still better off waiting and watching. In terms of sectors, affected by the "Two Sessions", some of the three links may perform.