Chapter 126: Reproducing Misoperation

Morning.

Tang Bao, Yang Yang and others were eating breakfast while watching the morning news, and they happened to see the external announcement about the Kuwait Investment Authority.

Forehead.

Wrong operation?

Tang Bao was speechless for the Kuwait Investment Authority's explanation, but whether this statement is true or false remains to be discussed.

How can it be such a coincidence that when there is a short sale of BP oil shares in the market, the Kuwait Investment Authority makes a mistake.

Moreover.

The Kuwait Investment Authority explained that it was a mistake, which proves that they are still following up on BP oil shares in the United Kingdom, which is somewhat inconsistent with the suspension they announced earlier.

"Huh...... Misoperation? How credible do you think this explanation is? Tang Bao looked around at everyone and asked with a smile.

Everyone looked at each other.

Grafton, who wore rimless glasses, muttered, "Well, strictly speaking, this kind of misguided operation exists. When trading a certain stock, the trader may be nervous, stressful, or simply careless because the amount of money he is handling is too large, which can lead to mistakes. However, most of these mistakes are made by novices, and slightly more experienced traders can avoid these mistakes very well. ”

"Hmm."

Everyone else nodded in agreement.

Seeing that Tang Bao did not interrupt.

Grafton also let go a little, raised his voice and said: "The staff of an investment institution with strong financial resources like the Kuwait Investment Authority is one in a thousand or one in a thousand, and it is basically impossible to recruit novice rookies who have just entered the industry. In other words, the people who work for them are the elite of the industry. It is basically impossible for such a retarded mistake to occur...... Besides, there were a lot of sell orders yesterday, and it took a little longer to close a deal, so they had every time to figure out how to make up for that mistake. Sell orders can be cancelled in a timely manner. Taking a step back, even if you sell it, you can buy it at a low price. But what is very suspicious is that yesterday, the Kuwait Investment Authority only sold 100,000 shares, but did not buy them. ”

"Hmm."

Tang Bao hummed slightly, which was also what he was surprised about, of course, it was also possible that the Kuwait Investment Authority did not find this mistake.

It depends on whether the Kuwait Investment Authority will make up for this mistake after the market opens today.

Whether the Kuwait Investment Authority "withdraws" or "stays". Confidence in the market has an irreplaceable impact.

So.

After the Kuwait Investment Authority held a press conference to explain in a timely manner that the sale of 100,000 shares of BP oil was a mistake, market analysts, investors, small institutions, and even journalists were paying close attention to the KIA's moves.

Of course.

Tang Bao is just a little strange about the Kuwait Investment Authority's actions, and he cares more about the stock price of BP Oil in the United Kingdom.

Yesterday.

Although a large number of sell orders suddenly appeared, which at one point forced the share price of BP oil company to close to $50, it rebounded back near the close. It closed at $50.95, down 1.9%. This decline is a very normal fluctuation.

It will be up to the Kuwait Investment Authority to break the deadlock with its sell order.

……

That's it.

As the clock ticked by, the New York stock market opened.

Moment.

Countless trading rooms have all eyes on the share price of BP in the UK. The opening price is $50.95, neither down nor up.

Sell orders are rare......

See here.

"Boss, it seems that market confidence has not been affected by the misoperation of the Kuwait Investment Authority, and the stock price of BP Oil Company in the United Kingdom is very stable." The market was open for nearly ten minutes. Although the trading volume is not very large, the stock price is still very strong and has not fallen significantly.

"Hmm."

Tang Bao hummed softly. Let's be honest. He was a little disappointed with this outcome, and he thought that the stock price would fall sharply.

There is only one possibility for this situation, and that is that the vast majority of investors believe the Kuwait Investment Authority's external announcement - the Kuwait Investment Authority has not reduced its holdings!

Right now.

The share price of BP oil company in the United Kingdom, which was somewhat outrageous steadily, remained at the opening price of $50.95 after nearly half an hour.

All parties are on the sidelines......

And the institutions that sold short yesterday did not take action immediately.

"Boss, the stock price of BP oil company in the United Kingdom has not fluctuated at all, tsk." Yang Yang stared at the computer screen and exclaimed in amazement. He can be regarded as knowledgeable, but it is really the first time he has seen such a British BP oil company.

"Hehe......"

Tang Bao only smiled in a low voice and didn't care. He understands that this stalemate will not last forever.

Now that it is clear that someone is selling BP shares short, he is not in a hurry to make a move. Especially when all parties are closely eyeing the stock of BP oil company in the United Kingdom, it is even more difficult to jump out first, otherwise, his existence may be exposed. He just waited to see the play.

The market is open for two hours.

The stock volume of BP oil in the United Kingdom is just over 10,000 shares, and the average trading price is $50.943, which is unusually stable.

Tang Bao didn't bother to keep staring, so he directly took a magazine, sat on the sofa and flipped it up casually.

Suddenly.

"Boss, someone has made a move!" Yang Yang shouted excitedly. "100,000 shares, 100,000 shares, 100,000 shares...... looking at the continuous stream of sell orders, the price is lower and lower, almost in a second, the stock of BP oil company in the United Kingdom has been suppressed to $50.2.

Then.

Tang Bao threw down the magazine, walked behind Yang Yangdi without hurry, looked at the sales order on the computer screen, and said with a smile: "The person who shot should still be yesterday's one." ”

"Uh. From the method of operation, it is somewhat like. Yang Yang responded.

……

New York Stock Exchange.

The stock price of BP Oil, which had been stable for more than two hours, was suddenly suppressed by the outpouring of sell orders.

"Fell, fell......"

Some investors who pay close attention to the shares of BP oil company in the United Kingdom immediately screamed. Looking at this wave of menacing short selling, some people subconsciously want to follow the trend and sell off the stocks in their hands. However, remembering the statement of the Kuwait Investment Authority, it settled down slightly.

Sell orders are frantically appearing, and the stock price is falling step by step. $50.17, $50.09, $50.01, $50......

Wow.

Seeing that the stock price of BP suddenly fell to fifty dollars, Peter's hands couldn't help but clench his fists tightly.

Fifty dollars.

But their psychological bottom line, I didn't expect it to be broken so soon!

"Peter, do you need to use the funds to stabilize?" Ayrt stared at the falling stock price, frowned slightly, and said.

He wondered who was shorting BP oil shares in the UK.

"Whew...... Not busy. Ayrte. Things haven't gotten to that bad point yet, and our premature bailouts will cause panic. ”

Although Peter was a little uneasy about the drop in the stock price of BP Oil Company to $50, he was not in a hurry to sell the market.

Suddenly.

The "number" that attracted the attention of countless investors jumped again, and suddenly changed from $50 to $49.92!

It's below fifty dollars.

Rumble.

In an instant, the exchange exploded, and investors with shares of BP oil in their hands exploded. They all became panicked......

Since the end of November last year, the share price of BP oil company in the United Kingdom has entered the 50 dollar band, although for several months there have been frequent sharp fluctuations. But it had never fallen below $50, and at this moment, it suddenly fell below $50, although only eight cents less than $50. But the impact on investors is absolutely unimaginable.

Before.

The stock price kept falling, although everyone was a little nervous. But he hasn't panicked yet. But after falling below fifty dollars, everything changed.

Many investors couldn't bear the pressure and hurriedly followed suit.

"Sell, sell ......" fell below $50, shattering the confidence of some investors, and some people shouted in a panic to sell the stock.

Even some investment institutions can't bear the pressure anymore, and more and more sellers follow the trend, and the stock price has hit a new low......

By the time the exchange is closed.

Shares of BP Oil closed at $47.52, down 6.71%.

The exchange was closed.

However, many investors have not dispersed, and they are all discussing the shares of BP oil company in the United Kingdom, some are secretly glad that they sold off early, and some plan to continue to wait and see......

That's when it happened.

Suddenly, an unconfirmed news circulated on Wall Street that the Kuwait Investment Authority was quietly reducing its holdings of stocks, and they were deceiving everyone in order to reduce their losses.

Others say that the mysterious person who sold heavily is one of the secret accounts of the Kuwait Investment Authority......

The Kuwait Investment Authority, aware of the crisis in the British BP oil company, has secretly sold most of its shares, and will soon sell them all......

……

Various versions of gossip, one to ten, ten to hundred...... The more it spread, the more exaggerated it became, like a raging wind, quickly sweeping across Wall Street.

In a word.

Many investors are talking about this unreliable news......

Just right.

At this time, Tang Bao, who came out to breathe, heard the topics that many people were talking about, and couldn't help but think about it, although all kinds of news on Wall Street were almost useless and unreliable. However, he knew that the Kuwait Investment Authority's reduction of its stock holdings was quite reliable......

……

"Boss. Guess what I found again? Seeing that Tang Bao was back, Yang Yang rushed over excitedly and asked a little proudly.

"Just say it." Tang Bao said with a smile, he didn't have the heart to play guessing with Yang Yang.

Yang Yang smiled.

pulled Tang Bao to the computer screen, pointed to several sets of transaction data, and said, "Boss, look, here, here, and here...... Today, the Kuwait Investment Authority has traded a total of five sell orders totaling 370,000 shares. I thought they would remedy it, but I didn't expect to sell it again. ”

Forehead.

Tang Bao was stunned, and subconsciously muttered: "Could it be another misoperation...... (To be continued......)