Chapter Eighty-Five: There Are No Funds
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"Thisβ"
Several traders on Lin Yun's side were dumbfounded.
Just now, Lin Yun asked them to quickly smash the market, because of the selling restrictions on securities lending, they clicked frantically, and their hands were a little sore.
Although, it has attracted a lot of followers.
However, it doesn't seem to be of much use to smash the plate in this way.
As long as the opponent has a large amount of money, a few random big buys can pull their smashing effect back.
It's just a time difference.
Could it be that Lin Yun is planning to make money like this?
They were speechless.
If Lin Yun wants to make money like this, it's too simple!
Although, Tianyu Group's stock fell by 4%, 5%, on the books, they made a lot of profits, but they couldn't buy stocks to repay the bonds, and when the other party pulled the stock price up, they didn't want to lose money, so they slowly set it up!
Fortunately, this is just a stock, if it is futures, they are in danger, they have no chips in their hands to let them continue to smash the market, the stocks on the margin side have been borrowed by them, and the opponent only needs to spend some funds to blow up the funds they have invested!
That's the real loss of money!
However, just as they were thinking this, a scene that shocked them happened!
I saw that 10,000 hands and 10,000 hands of selling orders appeared out of thin air, and they quickly smashed down the plates!
One lot is 100 shares, and 10,000 lots is 1 million shares, which is also the maximum number that can be sold in a single transaction in the secondary market!
Even just now, when they were quickly shorted, they rarely made such a big move!
The most important thing is that looking at the selling price of these stocks, it seems that they are not stocks for margin trading, and it is right to think about it, the shares of Tianyu Group of major securities companies have almost been borrowed by them, and even if the other party borrows stocks from a securities company that they do not have an account with, there will not be so many.
With the emergence of these big selling orders, Tianyu Group's stock fell rapidly.
The stock of Tianyu Group has just risen from a decline of 5 percent to a decline of 4 percent, and in less than half a minute, it has fallen by 5 percent.
Another minute, down six percent!
Another minute, down seven percent!
Another minute, down eight percent!
"It turns out that the boss still has a backhand!"
"It seems that the boss has a plan!"
"I'll just say, the boss's plan can't be so simple......"
Seeing that the stock price of Tianyu Group fell so fast, and the profits on the account rose rapidly, several traders on Lin Yun's side said excitedly.
At the same time as they were excited, their hearts were lifted again.
I don't know how much Lin Yun's back hand is preparing.
They borrowed about 25 million shares in total, so there shouldn't be so many stocks prepared by Lin Yun, right?
This is a stock, not a future, futures can be shorted all the time, as long as the position is closed at a low price at the end, you can make money.
When stocks are smashed, what is smashed is money.
In the past, it was the money of securities companies that was smashed.
Now smash, smash is your own money.
The stocks that Lin Yun had hoarded in advance, if he sold them slowly, he would definitely be able to sell them at a much higher price than now, just for more than 300 million securities lending, if he prepared too many stocks to smash the market, there would always be a feeling of killing a thousand enemies and losing eight hundred.
However, if there are not many stocks prepared, can this plate be smashed?
The opponent's financial strength, as well as their determination, far exceeded their imagination.
The hearts of these traders are entangled again.
Don't come to the time, you'll lose more, right?
Although, they worked for Lin Yun, the loss is none of their business, at most there is no bonus.
However, in the end, they are in charge, and if they lose money, they don't feel good.
Pity......
They don't know that smashing a large amount of stocks now is certainly an act of killing 1,000 enemies and losing 800 of themselves.
But the eight hundred losses were not Lin Yun's.
As long as the stock of Tianyu Group falls, Lin Yun buys stocks at a low level and repays the coupons, Lin Yun is the biggest winner.
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"I'm going to go, this smashing cow ......"
"Brother Wanshou appeared, but unfortunately it was a sell......
"Empty dog, empty dog, empty dog, empty dog on dog day......"
"Damn, what a fierce fight, a small plate of more than 10 billion, the transaction volume in the morning is more than 700 million......"
"Are the whole family who sells these stocks dead, waiting for the cremation money, so in a hurry to sell ......?"
On the Internet, many shareholders who pay attention to the shares of Tianyu Group have exclaimed.
Those shareholders who owned the shares of Tianyu Group and did not sell them earlier, as well as those shareholders who bought Tianyu Group shares in the morning, all had ugly faces, and while angrily scolding the people who sold the stocks, they resented the weakness of the force that maintained the bulls.
"There are no stocks on the side of securities lending, even if the bulls counterattack, and then it will rise, you can't buy stocks now, otherwise there will be no way to hedge by securities lending for a while, and now the stock price of Tianyu Group is very unstable, what outcome today is not certain, and what trend tomorrow may not be ......."
Some stock experts who didn't make a move shook their heads.
According to the rules of China's stock market, stocks bought today can only be sold tomorrow.
If there is a securities borrowing, you can buy it, wait for it to rise, and sell the same shares, which is equivalent to selling the stocks you bought today in advance, and the benefits fall into your pocket.
However, now that there are no more stocks on the securities lending side, it is natural that this can no longer be done.
β¦β¦
Tianyu Group Headquarters.
"Speed up and sweep the goods! Don't let these sellers push down the stock price!" Zhang Zhongguo said with a somewhat gloomy face.
In just three or four minutes, there were 10 million big selling orders again, and there were many small selling orders that followed the trend, which added up to a large amount, so that their side once again consumed nearly 200 million funds to buy, and his heart was furious.
The person who attacked their Tianyu Group, first borrowed securities, and then a large amount of stocks, and was really prepared, this is not simply wanting to bite their Tianyu Group, but wanting to bite twice.
"Chairman, I'm running out of money......
The trader who was the leader smiled slightly bitterly.
This is the third time he has said such a thing.
Originally, they prepared 500 million funds today in order to protect the disk, but they quickly ran out, Zhang Zhongguo transferred 200 million just now, and now, these 200 million are almost used up.
"You ......" Zhang Zhongguo's heart was depressed, and he didn't know what to say.
The cash of their Tianyu Group is not much, 500 million, and they have already taken out the vast majority of their Tianyu Group's cash.
200 million, even more made him, the chairman and several directors, shake their pockets and take them out tightly.
He thought that with 200 million funds, how could he survive this morning.
When the market is closed, he will go to raise funds.
Who would have thought that in just three or four minutes, the 200 million funds were almost gone?
"Oh no, all the funds are gone!"
At this moment, the face of the leader changed and he said quickly.