A-shares at high positions experienced a sharp drop in the last trading session yesterday. A typical example is Pingtan Development, which saw an increase of around 5% for most of the day, but in the last 5 minutes, it experienced a sudden drop, closing down 7.48%, which corresponds to a fluctuation range of 12%. Similarly, Dongbai Group was mostly locked at the涨停板 (limit up) for the entire day, but just before the close at around 3 PM, its stock price suddenly hit the green盘 (limit down).

These two high-position stocks are typical representatives, and there are many other stocks that have been speculated to high positions that also experienced a last-minute plunge. Regarding this phenomenon, many people speculate various negative news. In fact, even without the influence of news, such trading techniques and investments will ultimately not yield good results. It's like walking a tightrope; when stock prices are soaring, it feels great, but what kind of torment is it when going from limit up to limit down? If anyone is still playing this game now, it can be said that they basically consider their own money as not being money. If one claims to have strong risk resistance, that's another matter. For ordinary people, these continuous limit up stocks are basically irrelevant, so there's no need to envy.