Chapter 289: Stuck in the Quagmire
The next day, the share price of Maple Leaf Jahwa, which fell from 22 yuan to 20 yuan, although there was no fall limit in the call auction stage, it was only 19 yuan 5 yuan.
After the opening of the market at half past nine, under the pressure of large short-selling funds, the stock price began to decline without any surprises.
Moreover, there are more and more followers, and the decline is getting bigger and bigger. At only half past ten, it has already fallen by more than 5 percent.
At half past eleven, it has fallen by eight percent.
There seems to be no suspense.
However, during the lunch break, the situation changed abruptly.
Maple Leaf Jahwa Group suddenly released a performance forecast for the second half of the year, and its profit increased by 300% year-on-year.
A piece of gossip about Maple Leaf Jahwa's intention to acquire Dumping Snow also began to circulate on the Internet.
At one o'clock at noon, as soon as the market opened, there was a large amount of money to buy Maple Leaf Jahwa's stocks.
Short-selling funds are also frantically suppressed.
All kinds of large orders and oversized orders appear frequently, which makes shareholders frightened. Even those market makers and fund traders are dazzled. Rao is based on their ability, and they can't analyze which of these big orders and super large orders are real and which ones are turning back.
Whether it is tempting long or short, or whether the two funds are fighting frantically, no one can see clearly.
Even they have no bottom in their hearts, and they have a feeling that immortals are fighting and mortals are suffering, and they dare not rush into the market, let alone ordinary shareholders.
In the end, the turnover rate of Maple Leaf Jahwa on the day exceeded 5 percent, and the closing price was 19 yuan, and the stock price still fell by 5 percent, but it rose a lot compared to the morning. In the eyes of stockholders, there seem to be signs of bottoming out and rebounding.
Those funds and small villages finally saw that these were two funds fighting. As for who wins and who loses, they are exactly the opposite of what the shareholders think.
They feel that the short-selling funds have a clear advantage.
The reason is very simple, they have been tracking and analyzing for a whole day, and they can't see the trading methods of short-selling funds at all.
As for bullish funds, the trading method is obviously 108,000 miles worse. At the very least, they can see every handshake clearly. They can also guess the intent of each transaction. What's more, there are experts who can even analyze the follow-up plan of bullish funds.
Unfortunately, these masters do not see the intention of shorting the funds. Otherwise, you only need to lay out in advance according to the follow-up plan of bullish funds, and you can follow up with a short-term profit.
Of course, the advantage of short selling funds is that they have an absolute overwhelming advantage in terms of technology. But the real winner or loser depends on whose funds are bigger.
In the stock market, in the final analysis, money is king.
Even if it is as strong as a god, if you only have a few tens of millions on hand, you can only follow the dealer's ass and pick up some bread crumbs to eat.
Even if he is the most awesome trader, he has insufficient funds on hand, and he has to be easily killed by local tyrants. Not to mention anything else, the amount of funds smashed down, directly pressing the stock price to the down limit or pulling it to the limit limit, no matter how powerful your trading techniques are, you have to kneel down and sing to conquer.
On Wednesday morning, Ye Tianming was working on documents when his mobile phone rang suddenly.
It was the account manager of the securities company who called.
"What? And 100 million?"
Ye Tianming was a little surprised: "Didn't you say that if the strength of the short selling funds is insufficient, they will definitely be scared away?"
"The premise is that the short selling funds are not strong enough, we were so strong yesterday, if the other party is not enough, we will definitely be scared off. But the problem is, the other party started to act again today. The account manager said helplessly.
"I've already smashed in 500 million, don't tell me, the other party's funds are more abundant than mine. Ye Tianming was a little frightened, An Lingshan obviously only had 400 million, if there were still foreign funds, it would be a bit dangerous.
"That ......" account manager was a little difficult to say: "The trader invited by the other party is simply amazing, and every transaction is just right to achieve the intention." Moreover, the other party seems to have a super bull who is proficient in the stock market to help analyze the market, and it is not an exaggeration to say that it is a stock god, and it is almost perfect to predict the trend of the market on the day in advance. The stock god provides the trend of the market on the day, and the super trader is responsible for taking advantage of the general trend of the market, stepping on every node according to the trend chart of the market, and every fund can give full play to the maximum value. ”
Ye Tianming didn't know whether it was good or bad: "You mean that the other party can use less money and put more money in me?"
"That's what it means......" the account manager sneered.
"Then change the trader for me, and find a master who is proficient in the stock market to study the market trend. Ye Tianming said angrily.
"You are the top client of our securities company, and the company is to let the top gold traders help you operate your funds. But the other party's trader is too strong. It is already good to be able to grit your teeth in front of the other party and not completely mess up. If you change to an ordinary trader, you can be scared out of heart disease by the other party directly......"
The account manager said with a wry smile: "There are many analysts in our company who are responsible for analyzing the market, but the stock market is too variable, and no matter how much you analyze, you can only analyze the general trend of the market at most." Analyze the day's market trend like the other party, and even with great accuracy...... Except for the gods in film and television dramas, no one can do it. ”
Ye Tianming was a little dumbfounded: "Don't tell me, the final result may be that the stock price can't rise?"
"Of course not, the most important thing in the stock market is money. If the other party only has 400 million as you said, as long as you can come up with a bigger fund, you will definitely win. The account manager was very sure.
"How much money do you need?" Ye Tianming asked.
The account manager said embarrassedly: "If you can have a billion, the odds should be higher than the other party." If it can reach 1.5 billion, it will win. ”
Ye Tianming was speechless, more than three times the funds, and still in the case of Maple Leaf Jiahua constantly releasing good news?
After thinking about it for a long time, he gritted his teeth and said, "Are you sure?"
Of course, the premise is that the business conditions of Maple Leaf Jiahua are indeed good, and there will be no major negative effects in the short term. The account manager reminded.
"You don't have to worry about this. "Ye Tianming is the chairman of Maple Leaf Jahwa, and naturally knows the business situation of Maple Leaf Jahwa better than anyone else.
"That's ......," the account manager said again.
"The authorization to use the 100 million funds will be given to you later, and I will be notified of anything that needs the cooperation of Maple Leaf Jiahua Group. ”
Hanging up the phone, Ye Tianming couldn't help but sigh. I thought it was just a very simple thing, but just by releasing a few good news, it is estimated that An Lingshan's 400 million funds can be swallowed up. Unexpectedly, he actually needed more than a billion funds.
This An Lingshan is really a little difficult!
Super trader, a god-like bull, can actually find two such characters to help her at the same time.
I had no choice but to find funds again.
He has already smashed in 500 million, and he still has 200 million on hand. If you want to ensure victory, you have to prepare 1.5 billion yuan, which is equivalent to 800 million yuan short.
For 5 percent of the shares, the pledged loan got 500 million yuan, which is almost equal to half of the market price of the stock. But that was yesterday, and the money was not much for him, and the bank was not afraid that he would not be able to repay the loan. Today, the stock price has fallen a lot, and the stock price is still suppressed, and it is a bit difficult to borrow 500 million yuan with 5% of the shares.
I had no choice but to try.
Ye Tianming called the presidents and vice presidents of the major banks one by one, and finally reached an agreement. Ten percent of the shares, a pledged loan of 800 million, will be available early tomorrow morning.
On the same day, Ye Tianming's 200 million funds were exhausted in the morning. In the afternoon, the stock price plummeted, and at about half past two, it was hit to the position of the falling limit.
The closing price was only seventeen two.
The major funds and market makers are waking up like a dream, and there is a big amount of money to completely knock the stock price of Maple Leaf Jiahua to the ground!
At the opening of trading on Thursday, all the funds and market makers who had Maple Leaf Jahwa stocks on hand, under the operation and guidance of An Lingshan, released the stocks in an orderly manner and began to cut the meat and stop the loss.
100 million, 200 million, 300 million......
Ye Tianming wanted to wield a knife to kill the account manager, and yesterday he said that he had met a super trader and a stock god, so 700 million funds were not enough. Today, I actually encountered funds and bookmakers who couldn't stand the fright, and began to cut off the meat and stop losses, and adding 800 million funds was not enough.
What about tomorrow?
Ye Tianming was a little scared, he was worried that there would be an accident.
But he had to hold on, otherwise, the 1.5 billion fund would have lost more than 300 million. If the stock price is not pulled up, once the stock price continues to fall, he can barely tear down the east wall and make up the west wall with a loan of 1.3 billion, and it will become a luxury to spend 2 billion yuan to buy Dumping Snow Company.
The remaining 10 percent of the shares were only loaned to 600 million yuan.
On Friday, not at all as the account manager said, the major funds and market makers have cleared their positions, and there are only some retail investors left in the secondary market at most.
These retail investors have suffered serious losses, and unless there is a major negative in Maple Leaf Jiahua, they will only have the idea of breaking the jar and breaking it in their hands, and it is impossible to sell the stocks.
But as a result, the 600 million funds were exhausted in just one morning. At the end of the afternoon, the stock price fell by 7% again, although it did not fall to the limit, but it was about the same.
On Saturday and Sunday, the bank had already begun to call him to remind him that if the stock price fell again, the pledged stock guarantee would not be enough.
In two days, Ye Tianming, who was completely forced into the water, finally made a desperate decision.
Misappropriation of funds from the Maple Leaf Jahwa Group's account!
Maple Leaf Jahwa Group is in good business condition, and there is no major investment in the near future. There are at least more than 5 billion funds on the account.
On Monday, the stock market opened.
Things finally went in the direction he expected. The short-selling funds were able to hold on to it at first, but they died down at about eleven o'clock.
The stock price of the day closes with a price limit.
The complete collapse of the enemy means that, in a few days, the lost ground can be regained and the situation turned around in one fell swoop.
"No matter how powerful you are, you can't compete with the power of money. Keep the clouds open and see the moon, luck, sure enough, it's still on my side!"
In the office, Ye Tianming, who had been depressed for a week, finally felt a lot better.
He didn't know that in the underground parking lot, An Lingshan and Ye Fengcheng had already parked their cars.