Chapter 61: Seated

For the strategy of knocking and pulling, the specific action may be very cumbersome, but if it is only a brief overview, it is actually very simple, nothing more than a large amount of self-buying and self-selling, by constantly increasing the transaction price, making the illusion that the stock is optimistic about the whole situation, revitalizing the situation, attracting retail investors to enter the game, so as to continue to pull up.

If a few days ago, when the stock market was not interested, such a method is obviously impossible to succeed, retail investors may not be well-informed enough to react to the changing stock market, and have been slaughtered like pigs and sheep by the market makers, but that does not mean that they have a problem with their IQ.

A stock that is not favored by others, sells more and buys less, even if the instantaneous trading volume is large, in addition to letting people know that there is a main force sitting in the bank, it will not bring any benefits to the stock, but may touch the resistance line and cause a plunge when the price reaches a certain level - this is the lack of confidence of investors, eager to close the position and turn the book interest into actual interest, so as not to be trapped.

However, the news of Boa's shareholding and Ahn Junhyuk's entry into the board of directors has eliminated this possibility, and after the two of them raised funds to buy shares, seeing that the SM situation has stabilized rapidly, some investors have quietly changed their concepts.

In such a situation, on April 14, as soon as the morning market opened, the crowded exchange, the SM index on the huge electronic screen began to rebound rapidly, and in just a few minutes, a large amount of buy orders hung out like crazy, and the retail investors who were quietly paying attention to this stock were in an uproar.

"What's going on? It's so hot as soon as it opens?"

"I don't know, is there any well-informed, is there any heavy news from SM?"

No one could answer, and most of the people who paid attention to this side were inexplicable, so in such a strange atmosphere, in the morning of the same day, SM's stock price rebounded rapidly with the establishment of a large amount of trading volume.

At the close of trading at noon, the movement of SM's index has become a hot topic of discussion in various exchanges.

Many people who are optimistic about the prospects of SM stocks because of Ahn Junhyuk and Boa, the two leading stars who are currently supporting SM's return. It is believed that this is a harbinger of the recovery of the market, and it should be absorbed on dips. Others felt that it might be a fundraising act by the two fanatical fans, and were hesitant to follow up.

But at the same time there is another voice.

"Looking at the trend of the small yang line, this is a bit like the main force sitting on the bank!"

And the market for this sound is not low. Also become that part of the hesitant to follow up. One of the reasons for concern.

For this kind of situation, naturally someone reported to An Junhyuk, who personally presided over the operation, but his reaction was to smile slightly: "It's good to hesitate." Soon they will make a decision...... Increase the hype in the evening market, I want to make them decide to follow the trend in the shortest possible time!"

With his order, as soon as the afternoon opened, there were several times more buy orders than in the morning. Rushing into the market like a tsunami, the SM index on the curve showed a trend of jumping every minute, and opened the morning closing price very quickly. In various exchanges, in the shocked noise of countless retail investors, all hesitation disappeared in the face of the crazy rise in stock prices.

The fiery emotions hit the mind, and many retail investors poured in.

Since then, the follow-up disk has been initially formed!

Ahn Joon-hyuk, who had expected this result for a long time. Not surprisingly, the experience of sitting in the bank in the dream has long told him that shareholders are the most blindly following group, and when they find out which stock is worth betting, they will be induced a little. They will immediately translate into a boost for the dealer. Not everyone can calmly analyze all kinds of data, and in the face of the temptation of benefits that can be rewarded as long as there is investment, people's reason will quickly be overwhelmed by emotion.

Now, we're just getting started.

A few days later. Ahn Jun-hyuk, who temporarily asked the crew for leave, has been in charge of the team. Manipulating SM's stock, the account in his hand, every time he buys and sells, he is pulling SM's stock price to move forward in the direction he wants, like a high-speed train, booming, carrying a terrifying impact, and the momentum is indomitable!

On the fourth day of stock manipulation, the first price limit appeared, which made retail investors completely crazy, and at the same time, it also began to remind some people who are not very determined that the stock may soon reach the psychological price level (resistance line).

This is probably a necessary hurdle for every soaring stock to go through, to be able to break through the resistance line, to cultivate a firm group of medium and long-term demanders, the future can naturally rise to the top, if it can't be broken, the previous efforts will be put into water.

Many traders are folded on this line, and the pressure of winning and losing accumulated by a huge amount of money will make people lose sight of one or the other when facing a similar situation.

However, Ahn Jun Hyuk never took it to heart, for him, when manipulating a stock, in order to achieve the goal, any factor can ignore the obstacles, the so-called resistance level, pressure level, trap plate, as long as it is an obstacle, he has only one way to deal with it - crush them all!

The day after the first limit, people who were not determined began to place orders to take back, and the power of the resistance line began to appear, but before the scale was formed, it was keenly captured by An Junhyuk, and immediately ordered: "Don't ship anymore, mobilize funds to start protecting the disk, and tell them that from now on, we will eat as many as we want if there is a sell order!"

Under the order, the only result was a small fluctuation in SM's stock price that day, and the panic of a large number of sell orders did not form under his rapid reaction, and on the same day, SM's stock price continued to rise!

The situation is still hot, and the weather caused by the season seems to have also infected the stock market - at least to the SM stock, every day, in various exchanges, there are retail investors sweating profusely staring at the electronic screen, with every beating of the index, their faces are red with excitement, and they let out a crazy cry of "up! up!"

After 4 consecutive trading days, SM's name finally appeared in the financial news.

……

A private club located in the suburbs of Seoul, the appearance of the main building of the clubhouse is not luxurious, the walls full of creepers are low-key and simple, like a manor house that has been washed away for many years, and the huge four-story building is spread out in a thick line, if you exclude the limousines in the front courtyard, it looks like a tourist attraction that has not been visited for a long time.

At the rear of the main building, it's much more modern, with several small tennis courts, swimming pools, and an expansive golf course.

The vast golf course, with green grass and manicured, stretches out like a carpet into the distance, leading to the foot of a hill that is not far away. In the middle of the site, there are a few slightly dotted trees. Swaying sparsely in the wind, golf electric cars drove slowly on it, and on the closest venue to the clubhouse building, several young people in pure white sportswear were waving clubs. Each of them is accompanied by beautiful women in the same attire. Occasionally, someone swung a rod, and the corners of the skirt flew, causing a burst of whistles and heckling.

In an elegantly furnished lounge in the clubhouse, thin hands pull down the curtains of floor-to-ceiling windows. Retracting his gaze from the other side of the venue, the gray-haired old man shook his head slightly:

"Today's young people are more and more immersed in pleasure, and in the 6 and 70s, our fathers fought hard in the bloody rain. They didn't inherit it at all, but they played with women. ”

In addition to the old man, there was also a young man in his 30s in the room, as well as Yang Yingjie, who had been stripped of his position as a director by the SM board of directors a few days ago.

Listening to the old man's sigh, Yang Yingjie, who was originally sitting on the single sofa with a somewhat anxious look, hurriedly smiled: "The growth environment is different, and the times are different. How can young people understand your hard work at that time, besides, who can compare with your wisdom and strength back then, even if you have the spirit of hard work, I don't believe that any young person can achieve your current achievements. ”

He knew that the old man had always been most eager for others to recognize his ability to start from scratch. At this time, of course, you have to pat yourself on the back.

"Hehe, the hero doesn't mention the courage of the year, don't say it, don't say it. "To his whiskers. The old man who sat back on the sofa chuckled and waved his hand, and then looked at the coffee table in front of him. A financial newspaper spread out, a slightly grown gray beard, trembling with the twitching of the skin, thoughtful: "In this life, people will encounter many opportunities, and the difference between wisdom and foolishness is that the former will seize the opportunity, while the latter will only let it flow away quietly...... Lee so-man and Kim Young-min have found a pretty amazing young man this time!"

Hearing him mention these two names, Yang Yingjie's expression of discomfort and anxiety was even more serious, and his smile was a little reluctant.

Yang Yingjie knew that he had messed up the matter this time, and in the SM board of directors, he did not play the biggest role as a nail, which led to the smooth passage of the white knight's plan, which formed an extremely unfavorable factor for the acquisition planned by the old man, and even this factor has now become an important force in determining victory or defeat.

He knows the ambition of the old man, since the acquisition of Neowizbugs Records the year before last, the other party has always wanted to create a comprehensive media group, spanning news, sports, finance, entertainment, to become South Korea's Murdoch, Lei Shidong, although the acquisition of SM is only a small part of the other party's many plans, but the so-called planning, usually involves the whole body, if the acquisition fails, it is difficult to say what kind of impact it will cause.

Some thoughts were churning wildly in his mind, and the old man opposite was also groaning.

I don't know how long it took, the old man patted the financial newspaper, and suddenly shook his head and smiled: "On the one hand, the offer is sniping, and on the other hand, the stock price is inflated and the acquisition cost is raised." This little guy really embarrassed me a lot...... How many shares do we have now?"

The last sentence is to ask the young man in his 30s.

Hearing the old man's inquiry, the young man immediately replied: "At present, he holds 8% of SM's shares, and there is still a part of the negotiation, if he wins, he should be able to hold 16% and become the second largest shareholder." ”

"Hmm...... How much will it cost if I continue to win it?"

"This ......" The young man hesitated for a moment, looked at the old man who was silent, and then said softly: "In view of the current increase in the market value of the other party, the final cost may exceed 20 times the original plan......

Hearing this number, there was a sudden silence in the room.

The laughter of young men and women who were still frolicking on the distant court drifted vaguely in the wind, and the clock ticked and turned.

After a long time, the old man finally let out a sigh: "The resoluteness of Lee so-man and Kim Young-min, as well as the liquidity in Ahn Jun-hyuk's hands, is really beyond my expectations, hehe, I haven't tasted such a powerless feeling for a long time." Zheng Xu, notify the other side, terminate the negotiations! This acquisition, we failed!"

Even if he had expected it, the young man named Zhengxu couldn't help but show a trace of disappointment at the moment when the old man made this decision: "Chairman, although the cost is much higher, we ......"

"It's too high, it has reached our bottom line, and if it continues, the operation of the entire group will be affected, and ......" The old man had a flat expression, showing a slightly bitter color, and shook his head: "And this acquisition has also reminded other people, I have received rumors, Xijie Entertainment is contacting several companies such as Lotte and Showbox to try to prevent me from meddling in the film industry, compared to SM, this line is more important to me, ...... for the time being"

As he spoke, he sighed: "For the time being, let's do this first!"

β€œβ€¦β€¦ Yes, I see!"

I don't know if it's a delusion, at this moment, whether it is a young man named Zhengxu or Yang Yingjie, who doesn't dare to talk, when he heard the old man sigh and say that sentence, he vaguely felt that a heaviness like the end of the sunset surged into his heart.

In the past few decades, the old man has not experienced failure, but this failure, there are too many unexpected factors, but it seems to be a trick of fate.

The feeling of powerlessness that you can't resist and can only accept calmly is the most devastating of people's will.

Glancing at each other, the two also sighed secretly!

……

Still SM company's conference room, compared to the dullness of some time ago, the atmosphere of today's meeting is suddenly much more festive, Kim Yingmin, who always has a strained face, smiled and talked in a low voice with Li Xiuman, who also had a gentle expression, and the next directors had no anxiety between their expressions, discussing something with each other, and their posture was calm, and they did not see the impetuousness and depression of the past few days.

Today, Changhe Real Estate finally could no longer bear the rising acquisition costs in the secondary market, so it terminated the negotiations, withdrew the offer, and began to gradually sell its 8% stake.

Without the threat of a takeover, management no longer has to fear losing power, and Kim Young-min and Lee so-man no longer have to fear the company changing hands.

This event is naturally worth celebrating, but it is not them who are the main objects of congratulations today.

A few minutes passed, and when everyone arrived, Kim Yingmin, who presided over the meeting, announced the start of the meeting, looked around at the smiling crowd, and made a joke: "Sure enough, working with acquaintances is the most pleasant, everyone, I am very happy to continue to work with you." ”

There was a low laugh in the room, and then Kim Young-min stood up and looked at the conference table with a smile: "Everyone, please applaud with me, welcome our new director, and the biggest contributor to our continued cooperation - Mr. Ahn Junhyuk!"

Whoa, whoa, whoa

The warm applause suddenly rang out, and in the next position, Ahn Junhyuk stood up with a smile, met the gaze of the eyes that came one after another, and the words of congratulations one by one, and bowed down one by one in response.

The mood is also as joyful as a smile.

The kindness in those glances and congratulations may not last long, and there may be a day of conflict.

But whatever the future holds, at least this momentβ€”

Here he stands!

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