Chapter 581: Three Thousand Feet Down
In the entire trading analysis room, everyone's eyes were fixed on the screen.
Song Shan was also looking at the screen.
The selling order on the screen is not moving, and it is always in a state of selling, that is, there is no one to take the order.
This is to sell at a low price.
Someone must have taken the plate.
It's just a matter of time, the sooner it is, the more likely it is for the stock to crash.
Seconds passed.
Song Shan's forehead was a little sweaty.
Ding dong!
The prompt sounds.
The selling order moved, and someone took the order.
Eighteen pieces of four.
"Good!"
"Great!"
In the trading room, everyone jumped.
Such a sell order means that the stock has been at the highest price they expected, and the timing of their sale is too appropriate.
"Whew!"
Song Shan couldn't help but let out a long breath of turbidity, and he was not as steady as he imagined.
"Good!"
Meng Chengfei shouted in a low voice: "Chang'an, continue to smash the selling order, eighteen yuan four to eighteen yuan two, and keep pressing this price to sell all the Abby International shares we borrowed from major institutions to me, don't leave anything left!"
They are short Abby International.
First of all, there is the stock of Abby International.
Before this, Meng Chang'an went to Wall Street, why, that is, to discuss with the major funds and major financial institutions on Wall Street, and borrow the shares of Abby International in their hands.
Of course, it is not borrowed for nothing, and some commissions and interest need to be paid in advance.
Similarly, Chang'an Venture Capital also needs a certain amount of margin to let them rest assured that they can lease their shares to Chang'an Venture Capital.
This is one of the funds needed for short selling.
Song Shan invested 1.5 billion yuan in the short-selling funds, which added up to more than 200 million beautiful scenery, and the Heavenly Dream Fund transferred in 200 million beautiful scenery, more than 400 million US dollars.
This amount of money is already a lot.
If it is the acquisition of Abby International, it will be a little worse, but if you want to short Abby International, it is possible.
Because they borrowed shares to sell.
The borrowed shares only need to pay a certain amount of rent and interest in advance, and then they will sell the stock at the highest price, and then when the stock falls to a low price, they will buy it back from the market and pay it back.
This is the channel for shorting to make money.
The difference earned can be outrageous, and as long as the short position is successful, it will be the most successful financial operation.
"Good!"
On the big screen, Meng Chang'an's figure was full of murderous aura, she wore a small suit, stood in the middle of a row of traders, clapped her hands, and said: "Everyone, you have heard me clearly, from now on, the speed must be fast, one million shares will be listed, and I will be full of selling orders, and before the market closes in the afternoon, release all the stocks!"
"Yes!" the crowd roared.
........................
Song Shan sat on the sofa, but obviously didn't sit firmly, sat and sit, stood up again, walked back and forth a few steps, sat down again, and the teacup in his hand didn't know when it was empty.
"Can't sit still!"
Meng Chengfei looked at Song Shan, and his eyes blinked slightly.
"I'm just a young man, with the ups and downs of such a big amount of money, I can sit still, it's no wonder!" Song Shan said in a low voice.
The money he invested has exceeded 400 million US dollars, and it is impossible to say that he is not nervous.
"Trust me!"
Meng Chengfei is on this battlefield, like a general as stable as Mount Tai, sitting on the Diaoyu Tai and arranging troops: "The first step, we have succeeded, and the next step is to see how much money they can make up for the position, I believe they no longer have enough funds to support the market that I have defeated!"
"I naturally believe in you!"
Song Shan smiled bitterly: "It's just that this financial market is very changeable, I can't see the results for a day, and I don't dare to feel at ease for a day, after all, I can put my whole net worth up!"
Meng Chengfei looked at him a little, and nodded, he didn't think there was anything wrong with Song Shan like this, when she first entered the market, the tension was even worse than Song Shan.
Tick-tock, time passed quickly, and before I knew it, more than an hour had passed.
On the big screen, the figure of Meng Chang'an appeared again.
She looked at Song Shan and Meng Chengfei: "Sister-in-law, you guessed right, someone is still in the market, the road is too high, buy the plate over there, hang eighteen yuan six!"
Where there are sell orders, there are buy orders.
"Sell!"
Meng Chang'an said: "This should be the last struggle of Abby International, if we don't eat their money, how can we be willing to sell the goods in our hands as much as possible, this is already the highest price, if we don't sell it, we will sell it at a reduced price tomorrow!"
"Understood!"
Meng Changan nodded.
In the early morning of Xiangjiang, when it was close to dawn, it was already close to evening in the afternoon in the United States, and it was just cleaned up.
At this time, on the screen, Meng Chang'an was dreaming of retribution.
"Today, we sold about 30 million selling orders, and the average price was 18 yuan three!"
"Eighteen three?"
Meng Changan flickered his brows: "It seems that I still overestimate their determination to support the city, so it is already good to be able to get to this point, I'm afraid it will be difficult to continue to rise!"
"Today's buying is already difficult, if you continue to place sell orders, the stock price will collapse!"
"How many shares do we have left?" Meng Chengfei asked.
"About twenty million!"
"It's only a little over halfway?"
"The market is a little struggling, selling very slowly, and there are not many people taking over, which leads to our 50 million shares, and only about 30 million are sold!"
Meng Chang'an smiled bitterly.
"It seems that tomorrow, we are going to reduce the price!" Meng Chengfei thought that he would be able to throw out all the Abby stock prices in his hands today, but now it seems that the market is still a little difficult, which proves that the other party's heart to support the stock price is also very resolute.
"Is there a price reduction?"
"Tomorrow is Friday, the last day, we must smash the price of this stock within tomorrow, so we have to be ruthless, even if we lose, we have to smash the sell!"
Meng Chengfei said.
"I see!"
Meng Changan nodded: "What about the lowest price?"
She listens to many things because she absolutely believes in the decision of Dream Chengfei, as long as it is the price judged by Dream Chengfei, it will definitely not be wrong.
"Seventeen five!"
"Good!"
Dream Chang'an understood.
..................
On this day, Song Shan was not having a good time, he longed for a quiet pastoral life, but the swords and swords of the financial market made people's hearts feel like they were collapsing.
Even Song Shan's powerful heart was beating fast.
Especially seeing the change in the stock price on the screen made him a little impatient.
Past and present lives.
It's the first time, and there's no way not to be nervous.
"I always thought that you were very old and stable, but now I feel that you are also a young man!" Meng Chengfei looked at Song Shan, whose cold sweat had just been worn off on his forehead, smiled and said.
"I'm an ordinary person myself!"
Song Shan smiled bitterly: "A business like yours, even if it's just a little less heart-bearing, it will be a little unbearable!"
"Hehehe!"
Meng Chengfei said: "At the beginning, I also had this kind of idea of yours, but when you have been on this battlefield for a long time, you will be familiar with it, and when you are familiar with this rollercoaster feeling, you will even be obsessed!"
"Really?"
Song Shan frowned, he shook his head: "I'm afraid it's just your own thoughts, others don't have a strong heart like you!"
"Maybe!"
Meng Chengfei twitched, and the hair at the corners of his eyes.
........................
The next morning, they had another morning tea before they went back to make up for sleep.
When Song Shan woke up, it was past three o'clock in the afternoon.
Song Jitong sat in the living room.
"Uncle, what are you doing?"
Song Shan put on his nightgown, rubbed his eyes, and looked at Song Jitong who was sitting.
"I'm going to turn myself in today, I don't know if the lawsuit will go well, and even if it goes well, it may take a while to come out!" Song Jitong said in a low voice.
This is something that has been discussed with the lawyer before.
Everything goes through formal channels.
By turning himself in, then being prosecuted, and then going to court, the specific court day should not be very late.
"Don't worry!"
Song Shan said: "You will definitely be able to come out safely!"
This is not necessarily a thing that can be done with money, but here in Xiangjiang, you can really do a lot of things with money, even if you are in prison, as long as you are willing to spend money, you can have a good life.
"Hopefully!"
Song Jitong smiled: "I originally wanted to make a call to the eldest brother and second brother, but thinking about it, I still don't let them worry, if I can go back, I will personally go to them to admit my mistake!"
"Uncle, don't be too pessimistic, your nephew and I, I said that if I can let you go back for the New Year this year, I will definitely be able to!" Song Shan cheered him up: "You just need to ensure that you are normal!"
"You're really comforting!"
"In addition, I heard that the jury attaches more importance to his background, so I have arranged a position for him in Xiangjiang, a staff member of a large company, as long as he asks for the identity of the old boy, this lawsuit should not be lost!"
Song Shan said.
"Shanzi, thank you for worrying so much about your unsuccessful uncle!" Song Jitong has been out for more than ten years and has seen a lot of ugliness in human nature, even if it is a brother who worships the son, he will betray you if he says that if he betrays you, this makes him a little sad, but the warmth that Song Shan gives him at this moment makes him believe that there is true love in the world again.
"You are my uncle, my relative, break the bones and tendons, I don't help you, who will I help!" Song Shan said: "You can relax, what the lawyer tells you to do, then do it, I believe that I can get out!"
........................
After comforting Song Jitong, Song Shan devoured a few bites of dinner.
It's almost seven o'clock.
He doesn't have so much time to spend here, he must go to Chang'an Venture Capital as soon as possible, today's battle is the most important, whether he can lay the general trend, it depends on today.
When he came to Chang'an Venture Capital, Meng Chengfei was already sitting in his position.
The traders of the various departments are also ready to go.
There are still a few hours before the market opens, and they are checking the information, reading down every news of Abby International in their hands, and remembering as much as possible, which is of great help to their trading analysis.
"I have negative news about Abby International in my hands, do you want to release it now!"
Song Shan sat down, a secretary served tea, he took a sip, then looked at the floor-to-ceiling window, sat on the rotating chair, calm and intellectual, this is a mature version of Mengyue, the more you look at it, the more people have a fascinated mood.
Song Shan sometimes thinks that Mengyue's father is simply blind, such a good daughter-in-law, but he doesn't know how to cherish it.
"Don't wait until the afternoon of US time!" Meng Chengfei thought for a while and said: "The stocks in our hands have not yet been released, and once they collapse in advance, we will not be able to buy the stocks in our hands at a good price!"
Sell at the highest price.
This is the principle of short selling.
So at this time, try not to let the stock price collapse so quickly.
Song Shan cocked Erlang's legs, called the transatlantic phone in the United States, and said: "Mr. Wei, you are prepared, wait for my news in the afternoon, as long as you call you, you will immediately spread the negative news that is holding Abby International in your hand!"
"Understood!"
It was only seven or eight o'clock in the morning, and at this time, it was time to prepare for the beginning of the morning.
"Iron Man!"
Wei Anqing said to Han Tienan, the secretary who is also a bodyguard: "Get ready, I'm going to meet the representatives of Luowei Group, in addition, the better the media at noon, wait for my news, as soon as I give you the news, I will immediately spread all the news on hand to the major media, especially the people from the financial board!"
"Yes!"
Han Tienan nodded.
..................
Half past nine U.S. time.
Open the market on time.
The stock of Abby International showed a faint green line, indicating that the stock price was pulled down last night.
Start the first sell order.
Eighteen pieces of two.
After waiting for two minutes, someone took over.
Next, there are continued to sell, but rarely buy.
"Eighteen dollars, two million shares!" a cry of surprise arose from inside the trading room.
"It's not our selling!"
On the screen, Meng Changan looked at Meng Chengfei and said in a low voice: "Someone may want to come in and grab money!"
"Steady!"
Meng Chengfei said calmly: "Isn't this something that has been expected a long time ago, now the fight is speed, you have 20 million shares of goods in your hand, and you directly smash the selling plate with a big hand, seventeen nine, seventeen eight, seventeen seven, seventeen six, the market is unpredictable, it may be beyond our expectations, the price we negotiated yesterday, lower it by five cents, the lowest is seventeen yuan, before noon, sell it!"
"Good!"
Meng Chang'an understood the meaning of Meng Chengfei and quickly moved.
A sudden slew of selling orders appeared.
The stock price has been falling.
At this time, no one took over, but it was a little surprising.
Time passed little by little.
The screen is a bit deadlocked.
It has always been a sell order, but there is no buy order, which means that the stock is about to be a stock whose stock price has fallen.
Drip!
The prompt sounds.
Someone looked at the screen and shouted: "We are hanging a sell order of seventeen yuan six, and someone has already taken over!"
"Continue to hang seventeen five or three million shares!"
"Yes!"
............
Song Shan didn't blink his eyes and kept staring.
He was just watching, and he could feel a sense of tension condensing, looking at the selling order, with that price. He used to think that this trader was a very high-end and high-grade profession, but now it seems that he doesn't know how much money he makes, but if he lives in this highly tense environment every day, he can't collapse.
"It's not easy!" Song Shan sighed.
The war continues.
Before noon US time, Xiangjiang entered the early hours of the morning, with a whistling voice from Meng Chang'an: "We have sold all the stocks in our hands!"
"The average price, seventeen yuan three!"
Abby International's stock price, the countdown to the crash has also begun!