Generally speaking, people think that large institutions can do anything in their operations, but in fact, when the market is weak, the operations of market makers are also quite unsatisfactory. Especially for market makers who are eager for success, the success rate was not high before 1998, because the purpose of trading stocks was nothing more than profit, but it involved a series of skills such as decision-making, position building, price promotion, and distribution.

Before 1996, the only theme for running a business was performance, and stocks with a 10 for 10 or 10 conversion theme would see a significant increase, such as early Sichuan Changhong, Shenzhen Science and Technology, Dongda Apai, and Shenzhen Development. At that time, before following the market, it was necessary to determine which stocks had high conversion opportunities. Market makers usually established positions before the performance announcement and distributed them after the announcement. Stock investors could understand the market's temperament and operate freely.

After 1996, the market themes began to increase, and the initiative of market makers to engage in market activities was greatly strengthened, such as participating in a company's restructuring plan and providing advice and suggestions for the company's restructuring. Due to the more proactive nature of such themes, institutions began to have a greater appetite. As the restructuring plan took a long time and had a high success rate, just one order was enough, making the institution's plans quite detailed. But one thing is clear, that is, most institutions choose low-priced stocks for speculation. The most successful ones, such as Guojia Industrial in the early days, rose from over 4 yuan to around 40 yuan, which is 10 times the price. If followers only come to double the price, it is quite a failure. If there are stocks that have undergone restructuring and their prices are relatively low, then a price several tens of times higher can basically be achieved. For example, later on, Yi'an Technology also started trading from just over 4 yuan. At this point, the market makers have become very greedy, and retail investors who ride on the dark horse or white horse may feel regretful when buying. At this point, investors should choose low-priced stocks with extremely poor performance, because a few yuan loss making stock, once targeted by institutions, has a promising future.

In this century, institutions have a greater appetite, and greed and boldness have become mainstream. For example, Dongfang Electronics has been speculating for three consecutive years, with ex rights rising again, ex rights rising again, and finally people found that the institution already has hundreds of millions of internal employee shares in its hands. According to the opening price, this institution is the most profitable in the capital market. I wonder if the investors who have had this stock before will hold on until the end? After the emergence of Dongfang Electronics, we have found more such examples, especially after the issuance of new shares, the chances of individual stocks being hyped up by institutions are greater; Vacuum Electronics once fell back to the issuance price, but then skyrocketed from a few yuan to over 27 yuan. After the Zhongguancun rights issue, there was also significant speculation, with the stock price doubling. Newly issued stocks that doubled include Shenzhen Huizhong and Longtou Shares. At this time, investors should choose the stocks with the most institutional chips to follow the market; The rapid rise of Volkswagen's science and technology innovation is nothing but a means of speculation for the 50.12 million shares of convertible shares held by institutions. New issuances and conversions are not negative, but rather speculative tools.

If the policy allows, the recent emergence of institutions is even more amazing. Two shares have exceeded hundreds of yuan. I believe that there will be more hundred yuan shares in the future. Once some shares are targeted by the makers, they may be the second place in Shenzhen Nanshan Glass, the second place in Mount Taishan Tourism, and the greed of institutions, which is the best factor for investors to follow the merchants. I don't know if the early followers of the stock market have changed their methods of following the market. The goal of institutions is no longer to offer a 10 get 10 to 10 conversion. Instead, they choose to speculate on hundreds of yuan from a few yuan or achieve a 40% increase in just one week. After understanding the characteristics of the market makers, investors should be more daring in their stock selection methods.