Chapter 458: Buying and Smashing
It's just that because he has swept a sell order to sell one, sell two and sell five before, so this time the 30,000 hands did not complete the transaction in an instant, but it took a full two minutes to be swallowed up by large and small sell orders, and the average transaction price of his 30,000 hands also rose to 3.49 yuan.
Disk trading slowed down again, with only a few sporadic small trades going on, and the stock price fluctuated in the three-cent range for a long time, and the tick chart became a very regular zigzag during this time.
After about eight minutes, the price slowly fell under the impetus of inertia, 3.48, 3.47, 3.46, 3.45, 3.44......
Although the price is still stubbornly going down, Meng Wentian still saw a hint of the stock price stopping falling from the changes in the market: shareholders began to reluctantly sell, and some shareholders were tentatively hanging up their buy orders.
He smiled, and smashed a large buy order of 30,000 hands, and once again instantly pulled the stock price to the price of 3.50 yuan!
The first two swept sell orders from sell one to sell five, and the third big buy order took longer to trade, because more shareholders began to wait and see.
Meng Wentian didn't wait for the system to prompt him to close his buy order, he smashed a buy order of 30,000 lots for the fourth time, and he set the transaction price at 3.60 yuan!
The price has risen by a whole dime from the price of 3.50 yuan just now, and the huge difference of this dime has swept away the sell orders on the buy and sell order that sell one, sell two and sell five, and cannot be seen from the screen!
The price curve on the tick chart was instantly pulled into an upward straight line, which can be described as a rainbow.
There have been large buy orders in a row, and their prices have jumped sharply, which has made many shareholders excited, and many shareholders have seen the signal of the stock price reversal, and all the retail investors who have been deeply trapped have begun to rejoice or excited.
The timid began to plan at which point to throw it out in an effort to recover the cost, the more daring people looked forward to how much profit they would make and then exited, and many bold speculators began to think about how to buy the bottom.
All in all, now retail investors who care about this stock no longer think that the stock price will fall, and some people who are not willing to be lonely even post on some financial websites, claiming that 3.50 yuan is the iron bottom of "Jisheng Technology", which is the life and death line that the dealer strictly guards.
Someone is proudly showing off how he picked up the leak, claiming that he copied a gold outsole at 3.41 yuan, and in order to prove his shrewdness, he also posted a deal in the post.
Of course, there are also people who scold the person who has continuously smashed huge orders, saying that he is the culprit who caused the collapse of this stock, and he deliberately hit the stock price to this position in order to collect low-priced chips, and he is a king egg who eats people and does not spit out bones!
Meng Wentian didn't see these posts, so naturally he didn't laugh at those self-righteous retail investors, because he didn't know that someone was scolding him, he was in a very happy mood, and happily watched the stock price start to rise in a hurry under his pull: 3.61, 3.62, 3.63, 3.64......
Watching the stock price climb step by step, Meng Wentian believes that he has a huge credit: he disrupted the trading plan of those who manipulated the stock price.
Meng Wentian believed even more that the stock price of this stock was deliberately suppressed by someone with a heart, and he aimed his suspicions at Yue Xuan even more. Just as those who posted thought he was manipulating the stock price, Meng Wentian also thought that the cunning Yue Xuan was playing a game of indulgence, selling stocks to suppress the stock price in the open, but secretly collecting low-priced chips.
Under the excitement of the proud Meng Wentian, he smashed out a huge buy order that surprised many deep set retail investors: 65,000 lots! The transaction price was set at 3.70 yuan, and with this buy order, the remaining funds in Meng Wentian's account were only a few thousand yuan, and the ammunition in his hand was exhausted.
Shooting out all the ammunition in your hand is definitely a taboo in stock market trading, even if you are a rookie trader. However, Meng Wentian did not regret it at all, because he was not a trader at all, nor did he regard the funds on his account as ammunition, let alone his actions as battles.
With the huge buy order of 3.70 yuan and 65,000 hands, the stock price of 3.41 yuan rose by 8.5 points in just half an hour, which is truly the most exciting name in the stock market: rocket soaring!
This huge buy order sends a strong signal to all those who care about this stock: up!
The timid retail investors who are reluctant to sell because of the deep set are even more reluctant to sell, the retail investors who are bold and want to escape after making a profit are holding on to their stocks, the stockholders who think they have copied the bottom of the gold begin to sit and wait for the dealer to lift the sedan chair up, and the speculators are like sharks that smell blood and begin to kill them with huge sums of money.
Stimulated by large buy orders, the stock price began to jump and rise: 3.92, 3.95, 3.98, 3.99, 4.00, 4.01......
As the stock price soared, more people who were not willing to be lonely and considered themselves smart began to post on various financial websites. Most of these posts are showing off their intelligence or decisiveness:
"The stock price is so desperately rising, do you consider that my little liver can bear it?"
"Who bet yesterday that Jisheng Technology does not have a dealer, come out, I promise not to kill you. ”
"I just concluded that the stock price would reverse, and that mad dog said that I want money and want to be crazy, I'll smack you!"
"Okay, don't show off upstairs, if you're really smart, you can post a transaction. I'm stupid, I only know how to pick up a little money, I bought 10,000 hands with the main force at 3.50 yuan, and now I am booking a plane ticket to the Maldives with my girlfriend. ”
"What are you pretending to be, if you can buy 10,000 hands, Lao Tzu will ...... the keyboard Shake off the keyboard and sleep your woman. Lao Tzu didn't show off the 100,000 hands he bought for 3.45 yuan. ”
"Lao Tzu cursed the dealer to give birth to a child without pi eyes, these Wang Ba eggs in order to collect low-priced chips to play the stock price like this, it is really too much, scared Lao Tzu for a few days and nights without sleeping. ”
"Less than twenty yuan, Lao Tzu does not throw it, and he is angry with those main forces who want to collect low-priced chips. ”
"Sit back and wait to count the money. From tomorrow onwards, Ben Poor and Frustrated will also live a life of being a human being, buy steamed buns for breakfast in the morning, grab one with one in your mouth, pinch one with your left hand, and then throw one, and definitely buy the kind of fragrant meat buns with lard. ”
……
No one doubts that Meng Wentian, who smashed four 30,000 large buy orders in a row, and then took advantage of the victory to chase down 65,000 large buy orders, is the dealer and the main force. When the main force appeared, tens of thousands of retail investors naturally waited with red eyes for Meng Wentian, the bookmaker, to push the stock price to the position they expected, so that they could make a lot of money.
As everyone knows, this is just their wishful thinking, and they think too highly of Meng Wentian: he is a 100% retail investor! He is not a main force at all, and his behavior is completely different from the behavior of the dealer or the main force.
Meng Wentian's behavior of buying stocks today is also completely standard retail behavior, the purpose of his smashing orders is to cover the position, that is, to dilute the cost of stocks, or he just can't get used to the stock price being deliberately suppressed by those hateful guys, and wants to trick them. Of course, it is undeniable that he is richer and more capricious than ordinary retail investors, and can only throw tens of millions of yuan in a short period of time, and he is more powerful than those powerful bookmakers.
In addition, Meng Wentian still has a fantasy today, that is, he also wants to do difficult actions such as throwing high and sucking low, and wants to reduce costs by grabbing the rebound. When he smashed the first huge pay, he planned that if he could grab the rebound, it would be great, and he could sell high and buy low to make a little money.
If you can't grab the rebound, then it's better to make up your own position and dilute the cost.
When encountering a sharp drop in stocks, retail investors often do not follow the advice of experts and leave the market, but often take the opposite action, that is, to raise money to cover their positions: because retail investors care about the money they lose and want to make it back. In their opinion, if the meat is cut and left, it means that the real loss, and those who lose money will be lost. And if you hold the stock in your hands, no matter how the stock price falls, it is just a number of the account, and there is always the possibility of earning it back.
And there is another advantage of margin call, which is that it can turn losses into profits faster.
Suppose a retail investor buys 1,000 shares for $10,000 on a stock at $10, and his cost on this stock is at least $10. Once the stock price falls to five yuan, then he must wait until the stock rises 100% before he can recover the cost, and this is still without considering the handling fee and stamp duty.
But if he made up his position at $5 and spent $20,000 to buy the stock, then he would be able to buy 4,000 shares now. Coupled with the 1,000 shares he bought in front of 10,000 yuan, he spent a total of 30,000 yuan to buy 5,000 shares, and the cost per share was diluted to 6 yuan, which means that as long as the stock price rises by 20 percent, he will recover the cost.
Expecting a 20 percent rise is obviously much easier and more realistic than expecting a 100 percent rise, and perhaps a good rebound will allow him to achieve his goal of turning around his losses, or even make a small profit.
Previously, Meng Wentian owned 36.5 million shares of "Jisheng Technology", with a cost of 5.48 yuan per share. If he doesn't move, then at the $3.50 share price, he will have to wait for it to rise by about 60 percent before he can untie it. This makes him very unconfident, and he doesn't know when he will be able to wait until it rises so much, the year of the monkey.
Therefore, he has to dilute the cost of making a margin call, even if the stock price rises by more than 60% in the future, it is a wise move for him to make more money, can't he make more money?
Now watching the stock price go up step by step, Meng Wentian is very satisfied, and it can even be said to be an unexpected surprise, he didn't expect this effect before he started, and he didn't expect the stock price to rise so much under his own drive.
When the time was about to close in the afternoon, the stock price of "Jisheng Technology" actually rose to 4.47 yuan! There was a striking red number on the screen: 27.7%!
This figure shows that the stock price is up 27.7% today.
Meng Wentian did the math, if the stock price was 3.41 yuan when he joined, the increase during this period was as high as 31.1%!