Chapter 460: Making a Big Profit
The stock price instantly pulled to 4.25 yuan!
The first big sell order made all the shareholders who cared about this stock stunned, and the second big sell order made all the shareholders who cared about this stock stupid!
After all, Chen Dawen is an experienced trader, he reacted faster than retail investors, when Meng Wentian smashed the second big sell order, his 50,000 big sell orders were also entered into the computer, and the price was 4.30 yuan. In his mind, the price he hung up was a whole dime lower than the current real-time price of 4.44 yuan, and he would definitely be able to make a deal.
If his sell order is a little earlier than Meng Wentian's second big sell order, even if it is half a second, anyway, as long as he is ahead of Meng Wentian, he will make a deal, at least a part of the deal can be filled, and a part of the buy order can be swallowed.
However, not only did his actions be more than a second slower than Meng Wentian's, but the price was also five cents higher than Meng Wentian's, and according to the priority principle stipulated by the stock market trading system, Meng Wentian's large sell orders had a two-tier priority qualification: the time was earlier and the price limit was lower.
Therefore, Meng Wentian's big sell orders were all sold, while Chen Dawen's big sell orders were not sold, not even a single share was sold: even the 4.25 yuan buy order was swept away by Meng Wentian, where would there be a 4.30 yuan buy order left for him?
However, the big sell order dropped by Chen Dawen is not meaningless, because it is suspended high on the disk sell order by the system:
Sell five, 4.30 yuan, 50000!
The high-hanging big sell order made the shareholders collapse, scared the retail investors to pee, and they wanted to cry without tears, and were scolded by countless shareholders.
Those who had previously placed buy orders canceled their buy orders one by one in a panic.
Chen Dawen scolded himself for something, at this time he knew that the time was urgent, and he naturally did not go to withdraw the big sell order priced at 4.30 yuan just now, but immediately entered another big sell order: 4.00 yuan, 100,000 hands!
The stock price was instantly pressed to $4.00 by this big sell order, and the stock price curve on the time-sharing chart is like a straight line perpendicular to the ground, which looks absolutely shocking.
Chen Dawen's quick decision was still very rewarding, the price difference of 0.25 yuan swept over, capturing many retail investors who had no time to cancel their orders, with a trading volume of more than 10,000 lots and a turnover of more than 5 million yuan.
If it is a retail investor, he must be happy enough for this amount, but Chen Dawen is obviously not satisfied, looking at the prompt of the system, he scolded wildly in his heart: Who the is this, how can there be such an unsophisticated one? Sell stocks so rudely, do you have any trading knowledge? Grass! As a stock market maker, don't you know that only by selling slowly can the stock price be as stable as possible and get more profits? Even a rookie should know it.
When Chen Dawen despised Meng Wentian's low-level and rude skills, Yue Xuan, who had been staring at the changes in the stock price, called, and he ordered loudly in anger: "The surname Chen, you dog said to throw it to me immediately! Immediately! A lot of it, Lao Tzu doesn't care how the price falls!"
Chen Dawen was already unhappy, he was scolded by Yue Xuan, annoyed, gritted his teeth, and threw out a big sell order that scared countless people blind: 3.39 yuan, 300,000 hands!
3.40 yuan, two points lower than the lowest price of 3.41 yuan before today!
This big sell order smashed a record: 3.39 yuan, the lowest stock price of "Jisheng Technology" in three years.
The stock price curve on the tick chart becomes a real straight line, a straight line downward. The green column on the candlestick chart is like an antenna pointing straight to the sky.
It's scary.
The share price rose from a 27.7% increase to a 3.1% decline in the blink of an eye, with a volatility of 30.8%.
Chen Dawen is obviously acting in a negative mood, which is much less particular than Meng Wentian.
Soon, this big sell order was revoked under Yue Xuan's strict order: this big sell order is too much, and if you really want to let this big sell order press on the sell order, I don't know how much scolding it will incur, and maybe it will be doxxed by those retail investors who have lost their money.
After the cancellation of this perverted big sell order, the stock price rebounded, but the recovery was not large, after all, the shareholders were scared, and no one dared to participate too much: 3.41, 3.42, 3.45, 3.42, 3.41......
Chen Dawen's gambling big sell order also made Meng Wentian startled, the fourth 30,000-hand big buy order he hung before and the 95,000-hand big buy order behind him were not completed, but after being smashed by Chen Dawen's big sell order, they were all closed.
In other words, the total number of shares of "Jisheng Technology" currently owned by Meng Wentian has not changed, and it is still 36.5 million shares. But in this buy-and-sell, Meng Wentian made 15.57 million yuan this rebound!
Now he has 82.66 million yuan in cash on his books, and the cost of shares has dropped from 5.48 yuan to 5.07 yuan.
Seeing that the funds in the stock account increased to more than 80 million yuan, Meng Wentian felt very comfortable: "It's good to have money, just transfer the funds like this, and make more than 10 million yuan as soon as you go in and out, it's really cool, it's much more interesting than starting a business." Hehe, I'll do it again tomorrow! This stock trading is not complicated, as long as you have money. ”
This proud rookie doesn't know how many people are scolding him now, and he doesn't know that his behavior is a stock price manipulation and is prohibited by the Securities Bureau.
Someone from the Securities Bureau has noticed the problem with the account he is using and is reporting it to his superiors.
This guy tasted the sweetness of tossing high and sucking low, and wanted to do it a few more times, but he didn't know that this kind of thing couldn't be done again and again. The reason why he succeeded today is that many deep-seated stockholders are looking forward to the rebound and rise of this stock, which has been falling, and many stockholders believe that such a stock price is really unfallable.
In the environment of rising people's minds, his big buy order is like a fuse, which arouses everyone's enthusiasm to do long.
However, the straight decline in the stock price before the market closed completely hit the confidence of the stockholders, no one no longer believes that the stock will rise, and no one dares to follow the long, as long as the stock price rises, what retail investors want is to sell, the stock price is impossible to rise, unless Meng Wentian is willing to take out a large amount of funds, regardless of the situation of the company, willing to take over all the selling orders, it is possible to raise the stock price. In that case, he can only play with himself and use his own funds to maintain the inflated stock price.
Meng Wentian, who felt funny, wanted to repeat the old trick the next day, but his more than 80 million yuan was smashed, not only did not raise the stock price of yesterday's last closing price of 3.41 yuan, but also did not form any rebound, let alone compared with yesterday's super rebound, the stock price fell to 3.20 yuan, down 5.9%.
Because the stock price only fell but did not rise, Meng Wentian naturally couldn't play anything to sell high and buy low, so he could only hold the stocks he bought today in his hands. Today, he bought a total of more than 250,000 lots, which is equivalent to an average price of 3.28 yuan. The total number of shares has also increased from 36.5 million shares to 61.6 million shares, accounting for 11.6% of the company's total share capital, up from 6.9% previously.
The increase in the number of shares made Meng Wentian, who did not want to become a major shareholder of Jisheng Electronics Co., Ltd., become a larger shareholder, and jumped to second place in the shareholder ranking.
Looking at the constantly falling stock price, Meng Wentian, who failed to sell high and buy low, was very depressed.
The only thing that gave him a little comfort was that the cost of the shares had come down, with these new penny shares, the average cost per share had diluted to $4.42.
He didn't know that it was precisely because he did not sell high and buy low today and did not cause too many fluctuations in the stock price, so the Securities Bureau did not take measures against his account and was ready to observe it for a while.
Meng Wentian is unhappy, but there is someone who is even more unhappy than him: Yue Xuan.
After yesterday's intimidation, retail investors were afraid of "Jisheng Technology", so much so that today they threw a slightly larger sell order, and the retail investors fled like frightened birds. Although Meng Wentian took out more than 80 million yuan to buy today, Yue Xuan and the others didn't grab much, and they only exchanged more than 30 million yuan in cash with the small sales order.
Seeing that the result was too far from what he expected, Yue Xuan scolded Chen Dawen so much that if he didn't expect him to continue to sell stocks, he would have wanted to fire Chen Dawen, the trader, and dismiss him: "You." Tamar also said that others are rookies, and their actions are not standardized, I think people are far more shrewd than you, people know how to make decisions on the spot, know how to judge the situation, and what about you?"
Yue Xuan hung up the phone of the angry Chen Dawen, but ushered in Zhong Qingwa, who was angry.
Zhong Qingwa is the vice president of Jisheng Electronics Co., Ltd., in charge of technology and production, and is the company's second largest shareholder, owning 11% of the company's shares. It's just that he didn't know that just now his position as the second largest shareholder had been transferred to someone else. Without knocking on the door, he pushed open the general manager's office and reprimanded loudly: "The surname Yue, you are too much!"
Yue Xuan glanced at the other party and asked lukewarmly, "Why did Mr. Zhong say this?"
Zhong Qingwa said angrily: "Mr. Yue, are you asking knowingly, right? You are selling so recklessly in the stock market, don't you want to bankrupt us?"
Yue Xuan smiled and said, "I don't dare to agree with Mr. Zhong's words. I'm selling my own stocks, not yours, so what's the hurry?"
Zhong Qingwa was so angry that his chest was bulging, he really didn't expect Yue Xuan, a dignified boss, to be such a scoundrel.
He stared at Yue Xuan for a few seconds, then gritted his teeth and asked, "Mr. Yue, you are doing this completely to the detriment of others and yourself, why bother? ”
Yue Xuan sneered, "You think I'm a three-year-old kid?...... This is artificially set by you, how can I get through it?"
Zhong Qingwa said sharply: "Don't spew blood, we discuss the company's affairs, when did we hide it from you?"
Yue Xuan said sarcastically: "Discuss it? What did you discuss with me when you introduced the two production lines behind my back? I just asked for leave to rest for a while, and you couldn't wait to negotiate it impatiently." The price is so high, even if a pig is in charge of negotiating, it won't be able to negotiate this price, right? Hmph, I suspect that someone has taken bribes in it. ”