Chapter 19: The Abacus of the Old Rivers and Lakes!
The young man's sword is not properly equipped, and he goes out to the rivers and lakes
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22 January 1992
"Tell me, what are you looking for me today?" Jia Lei asked, sitting in the hall of a private stock salon, looking impatiently at the crowd around him.
"Young Master Jia, don't be angry first, everyone is an old acquaintance, we just want to talk to you this time!" said Lao Li, the owner of the salon.
"Please, who taught you the etiquette, did you invite people like this?" Jia Lei asked with a sneer.
"That's it, don't you know when we ask us? Shouldn't you come to the door in person and respectfully hand over the post to invite?" Dasha stood behind Jia Lei and asked unceremoniously.
"We also have a hard time not coming to the door in person, and I ask Young Master Jia to forgive one or two. Lao Li immediately apologized when he heard this.
"What are your problems? Let's hear it?" Jia Lei asked, staring at his nails, he didn't even bother to look at the group of people.
A group of people who don't know how to be polite and act so sneakily must be trying to do something shady......
"Hey, isn't it because ......of the warrant," someone sighed.
"Stock call warrants? as far as I know...... It seems that none of you here have bought shares to subscribe, right?, so why did you come to me for it?" Jia Lei put down his palm, raised his head and asked with a blazing gaze.
"Just because we haven't bought them now doesn't mean we won't buy them in the future! You also know that every move of our group of people, I don't know how many people in Mingzhu City are watching! If we move stock warrants home in boxes and bundles now, within a day, half of the people in the city will follow suit and buy a lot of stock subscriptions...... Lao Li sighed and said.
"Ordinary people want to follow the trend and let them buy it, what's the problem with this? Stock subscription warrants can be bought by everyone, this is the benefit given to the people of Mingzhu City above, is it not good for everyone to earn money together?" Jia Lei asked puzzled.
"Of course it's not good...... they've made all the money, so what do we earn?" Lao Li said worriedly.
"Huh, why do you say that? Does it have anything to do with us that they spend their own money to buy stock warrants?" asked Jia Lei puzzled.
"I'll tell him!" said Old Yang, standing up from the crowd.
"If it's an ordinary business, of course it's no problem for everyone to make money together! But when buying stock subscription certificates, of course, the fewer people involved, the better, and you have to know that the subscription warrants have to be drawn by lot at the end? If there are too many people who buy stocks and subscribe to the lot, the winning rate of the lottery will drop!" Lao Yang explained to Jia Lei.
"To put it simply, for example, if only 10,000 stock warrants are issued this time, and you want to draw out 1,000 winning numbers from them, then you can definitely win 10 as long as you have 100 consecutive stock warrants in your hand, but if the issued stock warrants are 100,000, then you have to buy 1,000 stock warrants to guarantee that you will win the lot!
"So not only did you not buy stock warrants from the beginning, but you also hinted that other people were not optimistic about stock warrants! Do you just want to increase the winning rate?" Jia Lei asked.
"Increasing the winning rate is only one aspect, the main thing is that we want to reduce the cost of buying shares. You also know that buying a stock subscription warrant is only the first step, and if you want to really get the stock, you still need to pay after winning the lottery, and the amount of money you pay for the stock subscription can cost dozens or hundreds of times more than the cost of buying a warrant. If we put all the money in our hands into stock warrants now, we won't have the money to buy stocks when the new shares are issued!" said Lao Li helplessly.
"We invited you to discuss with you this time, and we hope that you will cooperate with us to keep this stock subscription secret. After all, your name as a small stock god is almost less than that of Yang Million, and everyone looks at you buying stock warrants one by one. There are already a lot of people who are going to follow suit! If this continues, I am afraid that the winning rate will not even be 10 percent in the lottery for new shares in the future. Lao Yang said.
Jia Lei is not only very famous for his stock speculation, but the most important thing is that everyone knows that he is Mayor Zhao's godson. Ordinary people always feel that Jia Lei will definitely have some inside information, everyone sees Jia Lei buying stock warrants one by one, and some people follow Jia Lei to buy them with confidence.
"I really haven't thought about what you said...... Jia Lei couldn't help but think when he heard this.
After thinking about it, Jia Lei found that the truth was really the same as what this group of cunning foxes said!
He wants everyone to make money with him, but he will make everyone make less money than in history, and more importantly-
Once the butterfly effect has a chain reaction, it may be that this "92 fortune certificate", which made people rich overnight in the previous life, will be reduced to the level of ordinary subscription warrants.
"It's not impossible to cooperate with you, but is there any benefit for me to work with you?" Jia Lei asked as he knocked on the table.
If there is no benefit, Jia Lei might as well do it alone!
"Of course there are benefits, otherwise so many of us wouldn't have gotten together!" Lao Yang said with a smile, and everyone else present breathed a sigh of relief.
After all, with Jia Lei's strength in Mingzhu City, can Jia Lei not participate in their "non-governmental organization" at all.
"What's the benefit of listening?" Jia Lei asked unceremoniously, and unconsciously Jia Lei had become accustomed to the tone of the superior.
"We have sent people to squat at the door of each sales outlet, how many stock warrants has each customer bought? How many stock warrants have been sold in a day at each outlet, and we all know that we are not far from ten! Can we win a hundred battles only by knowing ourselves and our opponents?" Lao Yang said proudly.
"You mean to say, you know how many stock warrants have been sold in the city now?" Jia Lei asked in surprise.
"Although the number is not very accurate, the error will never exceed 20,000 copies!" Lao Li nodded and agreed.
"Then how many stock warrants have been sold in the city now?" Jia Lei asked curiously.
"About 300,000 copies!" replied Lao Yang.
"300,000 copies? This number seems to be a bit small, and the 24th is the deadline for the sale of stock call warrants, and this number is too far from what I estimated?" Jia Lei said with a frown and shook his head.
It's nearly 7 times worse!
Jia Lei checked the final sales of this stock subscription warrant in his previous life, because he encountered an unexpected cold spot when he was sold, and the final sales of this stock subscription warrant were only 2.07 million!
But now there are only two days left before the deadline for sales in the newspaper, and only about 200,000 copies have been sold......
"We've done the math, and we'll continue to do so! By the 24th, the sales of this stock call warrant will never exceed 400,000. At noon that day, we will go to buy the subscription warrant together, and even if the people find out about our stock subscription, they will not have time to buy it again. Lao Yang said proudly.
"That's right, even if we add the warrants we bought, its final sales will be about 1 million copies at most, so that the winning rate will probably increase to 20 percent when the lottery is drawn!" Lao Li also said with a smile.
Speaking of doubling the winning rate, the dozens of big stock investors in the Pearl City in the house laughed one after another.
"I don't think it's appropriate for us to buy call warrants at noon on the 24th! We should wait!" Jia Lei suddenly stood up and said loudly.
When the others heard Jia Lei's words, they immediately quieted down and looked at Jia Lei in confusion.
"The 24th is the last day of the warrant sale, and it will be too late to buy it at noon?"
"Huh...... Are you questioning my judgment?" Jia Lei asked as he stared at him.
"I'm not questioning your judgment, I'm just telling the facts. Lao Li said.
"Let me ask you a question? Why are you so afraid of me making trouble? For the sake of the subscription warrant, you specially set up a banquet and invited me to come over to discuss?" Jia Lei suddenly asked loudly.
"You have the right and money, and you are still Mayor Zhao's godson!" You are one of the real local snakes in Mingzhu City, and we should invite you to discuss...... Lao Li said with a white face.
Although they are indeed afraid that Jia Lei will make trouble, Jia Lei should not say this kind of thing!
If you let people outside know that they, the big people who call for wind and rain in the stock market, are actually afraid of a child, where will their old faces go?
"I know a lot of people are not convinced by my proposal, to be precise...... Are there many people who are not convinced by me Jia Lei? But there is no way! To put it mildly, in this one-third of an acre of land in Mingzhu City, you really have to listen to me!" Jia Lei walked to the middle of the room and said.
"Do you want us to listen to you when you make such an unreasonable request? This is too much! Do you really think of yourself as a human character?" someone asked unconvinced.
"Although I'm a bit crazy, I'm not an unreasonable person! I naturally do this for a reason......" Jia Lei glanced at the audience and said.
After all, as a reborn, Jia Lei knows the ins and outs of the call warrant better than these people......
"What is your reason for doing this, can you tell us all?" asked Lao Yang.
"I think the deadline for the sale of warrants may be extended!" Jia Lei said with a frown.
In Jia Lei's memory in his last life, the sale of subscription warrants may not be postponed, but will definitely be postponed!
"Postponement? this can't be, right?" asked Lao Li in surprise.
"That is, the detailed process has already been published in the newspaper for such a big thing as selling stock warrants, and the deadline for the sale of stock warrants is January 24, the day after tomorrow. It's all in the newspapers, how can it be postponed?" asked others.
"As the head snake of Pearl City, I always have to have some special sources, right?" Jia Lei said with a smile.
"Who told you it would be postponed?" asked Lao Li immediately.
"No one told me that I figured it out myself!" Mr. Jia said.
"How is this calculated?" asked Lao Yang in surprise.
"How do you say the warrant is printed this time?" Jia Lei casually took out a green stock warrant from his pocket and asked.
"It's very exquisite! Both the patterns and materials on it are particularly exquisite, and even the anti-counterfeiting is very good!"
"Do you know how much it costs to issue such a beautiful stock subscription warrant?" Jia Lei asked suddenly.
"This ...... I don't know!" everyone shook their heads.
"The cost of printing, announcing, issuance, and even management of this 92 stock subscription warrant is particularly high, and the final issuance cost of each copy will be about 1.6 yuan, but this time it is enough to print 10 million subscription warrants, if only less than 1 million copies are sold on the 24th, then even the printing and issuance costs of the subscription warrants will not be recovered! Do you think that at that time, the deadline will really not be extended?" Jia Lei asked with a sneer.
"This ...... 100 percent would!" the others nodded their heads.
"If we really start to buy a large number of shares at noon on the 24th, I am afraid that there will be more citizens who will follow the trend at that time, and we will not be able to fool them if we want to!" Lao Yang said.
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24 February 1992
"The director is about to reach the deadline for the issuance of stock warrants, but the number of shares we have sold below is far lower than expected! What should we do?" In the Pearl Stock Exchange, a group of people were anxiously holding a meeting.
"The cold sale of subscription warrants has completely exceeded our expectations and the city leaders, and I am now worried about it! You must know that the cost of printing this batch of stock subscription warrants alone has reached 10 million yuan, and we can't even afford to pay for the amount of printing sold now. Someone said worriedly.
"Have you counted the final sales of all business outlets?" asked the director of the Pearl City Stock Exchange anxiously.
As of 2 o'clock in the afternoon of the 24th, the number of 92.92 stock subscription warrants sold in Mingzhu City was less than 500,000!" the director said worriedly holding the report.
Hearing this, the faces of everyone in the room changed!
"This amount is certainly not good, and this sales money cannot even recover the printing costs, so what should we do now? We can't let a few securities companies make up for this shortfall, right? We have to discuss this matter carefully!" said the leader of the securities company in charge of the issuance.
"Of course it is not possible to ask the city or a securities company to make up for the shortfall...... Why don't we extend the sales deadline?" suggested a man with the surname Kim.
"But the people's enthusiasm to buy stock warrants is not high, even if we postpone it for a few more days, what is the use?" said the director worriedly.
"Then let the sales staff of the securities company and the loan officer of the bank go to the various units to sell them, and why should the printing costs be recovered!" someone proposed.
Besides, before the issuance, the authorities had repeatedly stated that the government and insiders of the financial system were not allowed to buy this stock warrant, for fear that the masses would think that we were abusing our power for personal gain!" said the director worriedly.
"When is it now, who will say such a thing? This stock warrant, no one wants it even if you send it to the door, and our employees are willing to buy it, even if they share the worries of the organization. At a time like this, the rules that were set in the past don't matter, and the most important thing for us is to recover the printing cost. "Someone said.
"But will the city leaders agree to our proposal to postpone it?" asked someone from the securities company.
After all, the 10 companies that are about to go public are waiting for the money from the sale of their stocks to buy equipment to expand their operations! If no one really buys this warrant, their shares will not be able to be sold, and the city is probably more anxious than us now. The director said with a wry smile.
"Then let's put up the postponement and ask about it, shall we?" said someone.
"Okay, I'll report to the leader right away!" said the director of the Pearl City Stock Exchange.
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"Jia Lei, are you sure that it will really be postponed?" Lao Li kept asking in the room with his hands behind his back.
"Don't worry, it will definitely be postponed!" Jia Lei said as he drank tea without any hurry.
How could Jia Lei, who is holding the golden thigh of rebirth, say wrong!
"What if we don't postpone it? It's only the last hour, and it's too late for us to buy stock warrants!" Lao Yang also said anxiously, and dozens of people in the room were in a hurry.
"Alright, don't pretend to me! you think I don't know. Did you secretly send someone to buy it?" Jia Lei said with a roll of his eyes.
Yesterday, the sales of stock warrants were only 400,000, and at noon today, it became 500,000, and it is conceivable who bought the 100,000!
"There's news, there's news! The city government issued a statement saying that the sale of stock warrants is going to be postponed?" said a man sweating profusely.
"Is it really going to be postponed?" said Lao Li in surprise.
"When is it going to be postponed?" Lao Yang also asked anxiously.
"The notice was issued that the deadline for the sale of stock warrants will be extended on February 1st!" the man said excitedly.