This process can be concluded as : stock price rised significantly which was pulled intently until one month away from seo declaration , the markup became small little by little till one week before seo declaration , then the price converted to go down and the markdown became large after the declaration of seo , it continued the situation about one month after the declaration , later the power of short position began to die down , weakening the extent of decline , the market condition turning to be fine 该影响过程可总结为:增发宣告前股价先显著上涨,大多是被故意拉高,到增发宣告前一个月时涨幅逐渐变小,至增发宣告前一周左右转为小幅下跌,等宣告后股价开始大幅狂跌,而后持续至增发宣告后一个月左右,空方力量开始变弱,下跌程度减少,市场情况慢慢开始转好,随着时间的推移,这种下跌变得越来越不明显。