Chapter 704: Increasing Positions
In fact, even if Chen Jianling doesn't say it, Chen Wei plans to find time to go to Kyoto.
Not only for the sake of film and television companies, but also to expand Tianrun's market to Kyoto.
How to expand, whether to find an agent like Ninghai, or to open a branch directly there, this Chen Wei will have to discuss with Chen Jianling at that time, and listen to the opinions of Chen Jianling and Yu Feng.
In the afternoon, as soon as the market opened, a wave of bearish momentum broke out on the Longchuang disk.
In just a few minutes, more than 30 million shares were smashed down, nearly one billion funds.
This is obviously not done by retail investors, but by institutions.
It's just that this wave of bearish momentum was still caught by the buying orders below, and it did not fall below 30 yuan.
Chen Wei and Qin Fei couldn't find out which institution did it at this time, and after looking at the information, there was no relevant movement on the exchange.
"Brother Qin, could this be that someone got some inside information and knew that the exchange was going to make an announcement, so they rushed to advance a wave of empty orders before that?" asked Chen Wei.
Qin Fei groaned: "It's hard to say, such a large amount, either to get the exact news and enter the market in advance, or, just to smash the stock price of Longchuang in one fell swoop." I think the latter is more likely. ”
If there is really an institution that gets the exact news, it means that the exchange has already moved, in this case, there must be more than one institution that gets the news, and naturally it will not just smash this wave.
And Longchuang has indeed offended many people over the years, maybe it is a certain opponent of Longchuang, and he can't wait to make a move, so he smashed a billion yuan, this kind of possibility is not nothing.
"Then what should we do now? continue to wait and see, or will we follow the next wave and see?" Chen Wei asked again.
"What do you think?" Qin Fei asked rhetorically.
Now on the disk, it has stabilized again, and it seems that most institutions are still waiting and watching, and they have not rashly followed the move, and some small retail investors have just followed the wave of empty.
Everyone is waiting for the movement of the exchange, as long as the exchange does not move, those big institutions will not move easily.
And those big institutions do not move, then only Chen Wei and their opponents with Longchuang, I am afraid it will be difficult to smash Longchuang's stock price.
If Chen Wei follows the short now, then once the exchange does not start the investigation process of Longchuang, the stock price will definitely reverse sharply, and those big institutions will immediately go long Longchuang, pushing the stock price up, Chen Wei's short order is too late to stop the loss, and the more short orders you enter now, the greater the loss at that time.
But if the exchange starts the investigation process, even before the investigation process is launched, those big institutions will take action to short Longchuang, and at that time, Longchuang's stock price will be smashed to a low point in an instant, and Chen Wei will not be able to enter the short order if he wants to, so he will make a lot less money.
Therefore, it is really a dilemma to enter the short order now.
Chen Wei thought about it carefully.
The short orders in their hands are now close to 70 million shares, and the funds in his own account and the funds in several U.S. stock accounts add up to more than 500 million, that is to say, Chen Wei and they have now entered about one-third of their positions.
The most ideal situation is that Chen Wei enters the full position, and then Longchuang's stock price falls, so that he can make a lot of money, and by the way, he can also hit Longchuang and win the Jiulong Mountain Scenic Area.
The worst-case scenario is that he is full of short orders, but the stock price reverses, then he will lose miserably.
But fortunately, Chen Wei still has skills.
His current skill retrace time is two hours.
He could have activated his skills after there was movement on the exchange, and he could go back to two hours ago, and respond in advance according to the actions of the exchange.
But there are a few issues to consider.
First of all, Chen Wei may not know the movements of the exchange at the first time.
There will definitely be institutions that get the news in advance, and then take the lead in making a move, and Chen Wei's side, just like just now, needs to judge why those people did it first, which delays a part of the time, if it is short, it may be a few minutes, and if it is long, it may take half an hour or even an hour.
In this way, after activating the skill, the real time left for him may only be one hour.
In other words, Chen Wei has to short in an hour, either go down and empty 5 billion funds in one go, or stop the loss up and stop the short orders of nearly 70 million shares in one go.
At the moment, Long Chuang is sticking to thirty yuan below, as long as Chen Wei does not empty five billion in one go, but enters the market in batches, five billion funds, Long Chuang's side should be able to eat, and Chen Wei is not a big problem to enter the full warehouse.
But if Chen Wei compresses the entry time within an hour, Long Chuang may not be able to catch his five billion funds alone, not to mention, as soon as he makes a move here, someone will definitely follow, in that case, it is basically difficult for Chen Wei to short his position.
It's not really much, at most it's just a little less money.
But if you stop the loss up, it will be troublesome.
The selling order above is definitely not as thick as the buying order below, after all, the determination of the bears is not as great as the determination of Long Chuang, and it is impossible to hang too many selling orders above.
Chen Wei's 70 million short orders have to be stopped within an hour, and the difficulty is not ordinary.
And the more short orders he enters now, the more difficult it will be to stop the loss at that time.
And that's if he has the skills.
Therefore, Chen Wei now needs to weigh carefully how likely it is that the exchange will launch an investigation process against Longchuang.
On this basis, he decided whether to enter short orders now, and how many short orders to enter.
Maximizing returns while minimizing risk.
"Brother Qin thinks that what is the probability that the exchange will start the investigation process against Longchuang?" Chen Wei asked Qin Fei again.
"Eighty percent, in fact, the exchange must want to start the investigation process, the key depends on some of the information currently available, whether it is enough to file a case. Qin Fei said.
Chen Wei thought about it, and based on the gossip that has broken out so far, as long as one of them is confirmed, it is enough to meet the criteria for filing a case.
Therefore, Qin Fei said that the probability of the exchange initiating an investigation process is 80%, which is not nonsense.
"Then let's go into another third of the position. Chen Wei had an idea in his heart and said to Qin Fei.
Qin Fei frowned and asked: "Will this position be a bit heavy?" In case the exchange does not start the investigation procedure at that time, once the stock price reverses, it will be difficult for us to stop the loss. ”