Chapter 131: The Winner

This. οΌ».

Tang Bao did not hide his whereabouts anymore, but walked into the New York Stock Exchange in the open, that is, to convey a message to the outside world, he will do what he says.

"Look, that's Don and Horst, they actually came to the exchange. Are they going to enter the market in a big way today? ”

"Phoenix Investment Group announced that it would increase its stake in BP Oil. Their investment vision has always been accurate, should I take this opportunity to follow up? ”

"I wonder if the share price of BP oil in the UK will miraculously rebound, or will it continue to fall all the way?"

……

Tang Bao's arrival attracted the attention of many people.

Of course.

At this time, many investors are most concerned about the share price of BP Petroleum in the United Kingdom, whether it will reverse with the addition of Tang Bao.

Soon.

At the opening of the New York Stock Exchange, the stock of BP Oil Company in the United Kingdom opened at $31.25, an increase of 2.63%, which is a good start.

"Hey, boss, the share price of BP Oil actually rose at the opening, it seems that the news of your capital injection has a really big impact on the market." Horst, who came with him today, was also slightly surprised to see that the stock price of BP Oil Company in the United Kingdom actually stopped falling and rose after falling for more than half a month.

But.

It's not surprising to think about it, as the fame of Phoenix Investment Group has spread, there are few people who follow their footsteps to invest.

This.

Tang Bao announced in a high-profile manner that Phoenix Investment Group would increase its holdings in BP Oil, even if those who followed the trend did not dare to follow the trend, they did not dare to easily sell short against the trend. In a sense, the addition of Phoenix Investment Group will cause some short sellers to temporarily withdraw and dare not take it lightly.

……

"These are temporary effects, and if there is no strong support, it may fall quickly." Tang Bao smiled and shook his head.

He admitted to the news of his two-billion dollar capital injection. It may boost market confidence, but it will never solve the problem once and for all.

Tang Bao's influence on the capital market has not yet reached the level of "as soon as he makes a move, all parties will retreat", and the capital that dares to argue with him is not counted.

The moment he spoke.

The stock market is already in turmoil.

BP Oil, which has received sufficient funds, has once again stepped up its efforts to take over the sell orders in the market, pushing the stock price to $31.93 in more than half an hour after the market opened. It is only a matter of time before it breaks through $32 again.

on this.

Tang Bao couldn't help but shake his head secretly, Peter, they were a little too eager for quick success. Such a large number of sell orders can certainly push up the stock price in a short period of time, but it is also easy to cause serious capital consumption and lack of follow-up. And this kind of battle is destined to be impossible to produce results in a day or two, and a protracted war is the king.

He can also understand Peter's feelings, after all, he needs to be accountable to the board of directors, and the results will appear sooner. His pressure was also relieved sooner.

I watched it for a long time.

Until three o'clock in the afternoon, Tang Bao didn't make a move, just watched blindly.

He found that many short-selling investors with small shares did disappear from the market. And those who remain are large institutions of a certain size.

$32.76.

$32.85.

$32.83.

$32.96.

$32.98.

$32.99.

……

The British BP oil company is menacing, and the other party is losing one cent, and the stock price can return to $33 by only one cent.

"Hmph. What an idiot...... You would be naΓ―ve to think so easily of pulling the stock price back to $33. Just as the stock price was about to break through $33 again, a disdainful sneer erupted from a trading room.

Throw!

Throw ...... again

Five huge sell orders for one million shares in a row. Thrown out suddenly, the stock price of BP Oil, which had risen violently, suddenly plummeted.

Almost in the blink of an eye.

It fell to $32.5 and is still falling......

Then.

Someone took advantage of the opportunity to fall into the well, and millions of sell orders were thrown out one after another, causing the British BP oil company to retreat one after another, and the stock price plummeted and fell rapidly.

Ten minutes later.

The stock price fell below $32 again.

At the same time, it also means that the results of BP Oil's day's efforts have been almost wiped out by the other party in the blink of an eye.

"Well, boss, it seems that at least three powerful institutions continue to sell short, and there may be some that have not yet made a move."

"Hmmm......"

After watching it for so long, Tang Bao naturally saw clearly that there were at least three parties suppressing the stock price. And the cooperation is very tacit, and the advance and retreat are orderly.

Before.

BP seems to be winning, but this is just a deliberate concession by the other party, in order to give him a heavy blow at a critical moment.

And this fatal blow was that at the moment when BP Oil was about to see the stock price break through $33, it was obviously only one step away from success. At this time, people's spirit is also very easy to relax, and the failure of the impact at this time is also fatal to morale.

Alas.

After a whole day of hard work, I returned to the pre-liberation period with a breath. BP is really tragic enough......

Soon.

BP couldn't resist it, and the stock price continued to fall, $31.56, $31.43, $31.37, $31.26......

"Yang Yang, you guys are starting to buy and close your positions slowly!" If it falls by one more cent, it will fall below the opening price, and Tang Bao naturally can't sit back and watch this kind of thing happen.

The consequence of falling endlessly, especially below today's opening price, is that those small investors who are hiding on the sidelines are waiting for an opportunity to join the army of short sellers...... The good news that Phoenix Investment Group will increase its holdings in the stock may be quickly neutralized. Numerous investors will go crazy shorting of stocks.

Then.

Even if Tang Bao has all kinds of abilities, he can't stop it.

"Horst, Phoenix Investment Group's trading account, you operate it yourself!" Then, Tang Bao said to Horst again. There is still a little more than an hour to go, and the market will close, and if Phoenix Investment Group does not make any moves, it is a little unreasonable. It can also mislead other investors.

……

Yang Yang, Horst and others all joined, and the stock price, which had been plummeting, finally stabilized and barely remained at about $31.5.

"Well, keep buying!"

Seeing that the stock price fluctuated around $31.5, Tang Bao also frowned slightly, and sighed that the strength of the opponent was a little beyond his expectations.

Then.

Tang Bao also finally understood why Peter was instantly defeated by the other party.

"Boss, the opponent is very fierce, I don't think there's any need to fight hard. If you can guarantee a close above $31.5 today, you can do it. ”

β€œβ€¦β€¦β€

Tang Bao thought about it and nodded secretly. That's right, although he has become a shareholder of BP Oil, there is no need to fight with the other party for BP Oil. The rapid rise in the stock price will also directly increase the cost of increasing his stock holdings.

In this way, he slowly wrestled with the other party, and continued to increase his stock holdings under the pretext of helping BP Oil stabilize its stock price.

Believe.

At this point, he increased his holdings of stock. Attention will be focused on how strong his support for BP will be, without overreacting. Of course, even if you want to overreact, you have to consider whether the current company's stock price can be stable if it has left him.

With such thoughts.

Tang Bao made a move. No hurry, no light, no seriousness, by the time the exchange closed, BP Oil's share price was just $31.5.

……

Today.

BP Oil's share price is on a rollercoaster ride. People up and down, hiding on the side to watch the battle, all arrived very exciting.

And.

One piece of news that is heartening for BP Oil. The company's stock price has fallen for nearly a month, and with the support of Tang Bao, it finally ushered in the long-awaited first rally.

The closing price is $31.5, up 2.85%!

Although it is still not satisfactory compared to the stock price at its peak, it is still a good start.

In addition to the share price.

The main concern of all parties is naturally to know how many shares Phoenix Investment Group has bought. Because from the number of stocks they have increased, they can basically judge how strong Tang Bao's support is, just verbal support, or words and deeds......

A lot of people are staring.

on this.

Tang Bao knew it well, and directly asked Horst to announce today's share increase information, a total of 13.62 million shares.

Wow.

The news is out.

Many people were very surprised, but they didn't expect Phoenix Investment Group to be so ruthless for the first time, directly buying more than 13 million shares.

Peter, who was far away in London, also called across the ocean as soon as possible to express his gratitude to Tang Bao for his support.

……

Next.

With Phoenix Investment Group increasing its holdings and BP Petroleum increasing its share buybacks, the share price is rising almost every day, albeit slightly.

By the end of April.

The share price of BP Petroleum has finally returned to the long-lost level of $40. Although there is still a gap between the bottom line of the major shareholders of BP Oil, if there are no accidents, it may only take a month or two to return to $50 again.

"Well, boss, don't we need to keep buying?" Horst asked, stunned.

"Forget it. It's time to stop...... The stock price has risen above forty dollars, and Peter should be able to handle it on their own. Tang Bao shook his head.

After more than a month of Luan battles.

Most of the institutions that sold short have withdrawn, and it may be a little too conspicuous for him to continue to increase his holdings of stocks at this time. After more than a month of increasing holdings, Phoenix Investment Group's stake has reached a terrifying 13.59%. Counting the 10% stake held by Tang Bao personally, the total amount reaches 23.59%, which is only two percentage points less than the Kuwait Investment Authority.

Monday, May 3rd.

London.

"Don, you're welcome." Peter enthusiastically stepped forward and gave Tang Bao a bear hug. For Tang Bao, he went from suspicion and defensiveness at first, to gratitude, and then to trust now. It can be said that in just a few months, Peter's attitude towards Tang Bao has undergone earth-shaking changes.

"Ha, Peter, you seem to be in a good mood today." Breaking free of Peter's bear hug, Tang Bao smiled.

"Of course. Just yesterday, the share price of BP Oil has risen to $43. Our crisis has been thoroughly passed. ”

"Congratulations."

"Oh, Tang, in your Chinese language, it should be Tongxi, and you are also one of the major shareholders of BP Oil." Peter corrected.

The two chatted as they walked, and soon came to the headquarters of BP Petroleum in the United Kingdom.

……

The next day.

BP announced that Tang Bao officially became an independent director of the company...... (To be continued......)