Chapter 210 Suppressing Stock Prices
When Chen Qiaoshan arrived at the Internet café in the town, it was already past eight o'clock, and he deliberately found a machine in the corner of the Internet café and placed a software to watch the plate.
The domestic stock market has been in the market for more than ten years, and there is basically a post-holiday market every year, especially before and after the Spring Festival, most of the stocks are up and down.
This has something to do with the domestic economic environment, China's macro economy is affected by changes in the economic system, and the Spring Festival is an important node.
Again, around the Spring Festival, it is the most active stage for individual stocks and sectors.
During this period, the top management of each company in the previous year's performance report was basically in mind, but the ordinary shareholders did not know it.
In the capital market, information is the most valuable, and there are basically no secrets in the face of power and money.
The asymmetry of information gives some people who know the inside story an opportunity, regardless of whether the performance is good or bad, before the annual report is disclosed, a wave of speculation can be carried out, whether it is to open a position to make a profit or stop loss in advance, it is a simple matter.
Chen Qiaoshan didn't care about anything else, what he thought was very simple, no matter what, make a fortune first.
Looking at the stock price of Tunhe shares on the screen, Chen Qiaoshan muttered in his heart, the price of two yuan and one cent and three is obviously ridiculously low, why no one buys such a low price, speaking of which, he was still dazzled by a sharp word.
This New Year, it is inevitable that it will seem a little quiet.
The Delong system suddenly fell silent, and the big crash of the previous year was as if it had never happened at all, everything seemed so orderly, perhaps only the more than 100,000 creditors were always thinking about the life and death of the Delong system.
Things are not absolute, a few years ago, Tang Wanxin ran away without accident, and the news media reported what happened for the first time.
Delong was involved in the incident, and this was the second time he ran out of the country, but this time he was a little embarrassed and hurriedly smuggled into Myanmar.
It is a bit of an exaggeration to say that smuggling is a bit of an exaggeration, as far as the border in southern Yunnan is concerned, many places are completely a sieve, and you have never seen a hole in the fence of the border, and the people of the two countries move freely, like a vegetable garden gate, entering and exiting at will, and it is really in vain to blind the word smuggling.
Tang Wanxin ran away, and the end of Delong's system was doomed, and countless creditors could only take their own financing certificates to worry.
The Delong system collapsed, and the old three shares naturally disappeared, and the stock price collapsed.
The saddest thing is ST Zhongyan, Chen Qiaoshan looked at the almost continuous one-word drop trend, he felt scared in his heart, if this was trapped, I am afraid that he would not have to expect to be able to solve it.
Chen Qiaoshan knew in his heart that if he hadn't intervened, ST Zhongyan would definitely follow the established trajectory, complete the restructuring, and then be quickly sold.
Chen Qiaoshan pays attention to ST Zhongyan because Tunhe shares are its controlling shareholder, and he has been thinking about Tunhe for a while, and he only thinks of such a negative that is not negative.
Compared with the collapse of the Delong system, ST Zhongyan's delisting can only be regarded as insignificant.
Before the capital chain was broken, Tang Wanxin pledged all the old three corporate shares held in his hand to the bank, and his financial institutions also took the lead in selling stocks, and the bank has become the largest creditor of Tunhe shares.
In this case, the share price of Tunhe shares fell to the bottom, almost to the point where there is no way to fall, which is a good time for the main force to shoot.
Chen Qiaoshan knew that the main force had indeed made a move.
When he opened a position like a stunned man, he attracted the attention of the opponent who had been silently absorbing chips, which led to the sudden rise in Tunhe's stock price and the price limit on the last trading day.
Chen Qiaoshan understands that the other party's trading methods are very old-fashioned, if it weren't for the low stock price of Tunhe shares, and his principal is relatively large, it is a relatively large floating capital, and he can't find the existence of the other party at all.
When things go wrong, it's not so easy to end them.
Chen Qiaoshan probably knew who the other party was, and he was inseparable from the two companies that were eyeing Tunhe shares.
He is very self-aware, he is a chick in the stock market, he is not a trick at all, the other party is an old bird in the market, the principal is sufficient, the channels are smooth, and it is not too easy to wash Chen Qiaoshan out.
However, Chen Qiaoshan is not too worried, he sees it very thoroughly, no matter how the other party operates, the stock price must be suppressed first.
At 9:15 a.m., the stock market opened.
The call auction is still in the quotation stage, and a huge number of buy orders suddenly appeared in the market, directly sealing the stock price of Tunhe shares on the price limit.
At the beginning of the auction, there was a price limit.
Chen Qiaoshan's eyes were staring at the screen of the CRT monitor, he thought for a while, and his brows became tighter and tighter.
As the minutes ticked by, there wasn't much change in the market, everything was uncertain, and there were no obvious signs.
Chen Qiaoshan stared at the screen, but his mind was thinking about the sales orders he hung out.
In a few years ago, he hurriedly built a warehouse, and ate more than 3,000 hands in about two pieces, and the average price reached a piece of nine.
Chen Qiaoshan is the seller today, and nearly 4,000 hands are listed out in five accounts, accounting for one-third of the shares, which seems to be a lot of volume, but according to today's stock price, it is nothing at all.
In the pending order stage, everything is zero, the price limit of the auction does not represent anything, and the opening price can explain the problem.
Chen Qiaoshan knows that in the current situation, it is very likely that the dealer is trying the market.
There are two results of this, one is that the market maker wants to suppress the stock price and attract retail investors to chase the price in the quotation stage, so as to ship at a high price in the next auction stage or intraday.
There is also a possibility that the market makers are testing the market pressure, and if the situation allows, they will pull up the intraday limit.
Chen Qiaoshan's brain is not feverish, today Tunhe shares are likely to open high and go low, the fall is certain, and it is still a big fall.
As expected, in the last few seconds before 9:20, the purchase order suddenly decreased a lot, which caught many people off guard.
According to the regulations of the Shanghai and Shenzhen stock markets, from 9:15 to 9:20, orders can be placed or cancelled, and orders can only be placed from 9:20 to 9:25.
At this stage, Chen Qiaoshan simply stopped paying attention, he knew that at this time, the dealer would not suppress the stock price too much, otherwise it would be difficult to ship it intraday, which would cheapen him.
After 9:25, the transaction price on the market is blank, and the computer of Zhongdeng Company is in the process of matching transactions, which is particularly difficult.
At 9:30, the market was normal, and the opening price of Tunhe shares was two yuan and two cents, and the stock price rose 3% at the opening.
Chen Qiaoshan's orders were all traded at the opening price, and he calculated that this morning alone, he made a profit of more than 100,000 yuan, and the average cost price was also diluted to about one yuan, which undoubtedly greatly reduced the risk of his liquidation.
Of course, he didn't want to play heartbeat, the main capital was abundant, who knew what stage they would suppress the stock price, he took the opportunity to hang out another 4,000 orders.
He knows that now is not the time to be greedy for profits, and reducing risks is the most important thing to do, even if it is a drop limit, as long as he can clear the position, he will not hesitate.
Then again, if it is really a drop price to clear the position, Chen Qiaoshan is also willing, even so, after deducting the commission fee, he can earn another 100,000 yuan.
Chen Qiaoshan understands that in the eyes of the main force, he is a wandering capital, which is the so-called stragglers, and this kind of capital is the most annoying.
He knew that before he was sure that he would leave, the main force would definitely continue to suppress the stock price, and he was happy to accept it, after all, it could reduce costs, and no one would be unable to get along with money.
Of course, Tunhe's stock price cannot fall indefinitely, and many parties always have a psychological bottom line.
Others don't know, Chen Qiaoshan can't be clearer, a piece of five cents and nine is the historical low point of Tunhe shares that year.
He knows that information is capital.
Although he did not rule out the possibility that the main force would continue to suppress, Chen Qiaoshan was not worried, he knew that he still had a hole card in his hand.
Of course, he won't use it until he has to.