Chapter 120: Bearishness continues
"Don't want to, don't you? You also know how big the other party is, not to mention that they have stuck our funds, even our orders are stuck, even if these shorts are not profitable now, but our company's stock price will definitely fall a lot over time. Shi Zhuang said coldly.
"They're naked manipulation, we can sue them!" Zhang Cheng said indignantly.
"Prosecution? Have you ever seen a lawsuit-ridden listed company whose stock price can continue to rise? Once you sue, the stock price will continue to fall sharply, and when the relevant departments borrow it, it will become extremely difficult to reach strategic cooperation with other companies in the future. Shi Zhuang looked at Zhang Cheng directly and retorted righteously.
"Do we, the entrepreneurs who are bent on the real economy, still succumb to the financiers in the sky? We have hundreds of millions of workers in the manufacturing industry in China, working day and night to help Huaxia manufacturing to the forefront of the world, how many generations of blood and tears, from the very beginning of the assembly line to mechanical semi-automation, and how much vitality has been injected into the entire Huaxia economy? Zhang Cheng roared angrily.
Seeing that the situation was tense and about to be out of control, Mo Long said: "Either vote, whether to lower the expectations of the interim report and continue to communicate with customers, or continue to think of ways to block the bears." β
Shi Zhuang and Zhang Cheng were silent for a while, adjusting their emotions: "Let's vote." β
The final result ended in 14-5, and most of the directors chose to protect themselves and lowered their interim expectations.
Not long after the afternoon opened, just at 1:09 a.m., Gaowo Automobile announced that due to the recent strategic adjustment and the rise of product raw materials, the company will lower the forecast in the report, and the profit growth will become 35%-65%, when the capital market got the news, it boiled all of a sudden, and the conscientious media accused Gaowo Automobile of deceiving investors in disguise! And some indignant retail investors have left messages on the stock post bar of Gaowo Automobile: "Junk enterprise junk stocks! β
And the sell orders for the stock doubled in just two hours! From 320,000 sell orders directly to 650,000 sell orders, this sudden change of fortune forced brokerages to downgrade the stock rating of Gaowo Automobile, and the most dramatic thing is that many brokerages only released good news about Gaowo Automobile in the morning......
"Mr. Wu, Gaowo Automobile can't hold it up." After seeing the news, Shen Yangguang immediately walked in and said.
"Well, as I expected, they've run out of tricks, and there's nothing they can do but lower their mid-term expectations."
"Not only that, but I've heard through the grapevine that even vampire-like private equity firms are reluctant to enter Gaowo Motors."
"Oh? It seems that someone is deliberately manipulating the stock price with their own network. Shen Yangguang didn't say anything after hearing this, and he probably guessed one such thing......
βYES!β After Ou Jiawen looked at the stock price falling limit, she suddenly slapped the table excitedly, falling from 49 yuan all the way to 38 yuan, and has now made a profit of 11 yuan per share, and according to today's huge sell orders, there will be at least two falling limits! Thinking of this, Ou Tianhao's image in her heart suddenly seemed like a god, high and inviolable.
Today, it is destined to be the nightmare of Gaowo Automobile bulls, billions of funds were killed by short pits, the most important thing is that Gaowo Automobile's shares have been fully borrowed, that is, institutions and some funds cannot borrow these stocks by virtue of their ubiquitous networks, not to mention the retail investors who are in dire straits at the moment, they can only watch Gaowo Automobile step by step towards the guillotine......
Lin Shi is naturally paying attention to this mighty short transaction all the time, he has seen the clues from some institutions, some brokerages have begun to turn over more short, but they can't borrow stocks to short, and Huaxia's stock market has no financial tools that can hedge risks, one by one can only keep swinging like a wall grass, and Ou Tianhao's name is indeed like a plague god, resulting in a particularly scarce buy order in the entire market, basically some retail funds to join in the fun and win the over-fall rebound.
"I don't know if my clients borrowed stocks to short." Lin Shi muttered in his heart.
The next day, Gaowo Automobile was once again blocked by a huge number of sell orders, the stock price fell from 38 yuan a share to 34.2 yuan a share, even if it is a fall limit, but the funds in the market are still fleeing frantically, a huge number of sell orders make retail investors completely desperate, some people even said that as long as they can escape, Tiangong will also make a fuss!
"Looking at this posture, a lot of funds seem to be shipped regardless of costs and losses." Zhou Yunmeng said to everyone in the analysis department while looking at his mobile phone.
After Xu Mu walked in, when he heard Zhou Yunmeng's words, he immediately smiled: "Of course, everything should be attributed to our new trading manager, who has good human beauty ability." β
Everyone thought to themselves: "This sycophant is a bit too much." β
"If you still care about the cost, then the trader of these funds will be fired by the company." Du Wenjian said with a wicked smile.
"In any case, the company's battle can be described as thrilling, and the short position at this moment may have made a lot of money." Zhuang Yingying said.
Different from the happiness of everyone in the analysis department, at this time in the office of the chairman of Dongfang Securities, Ou Tianhao was calmly looking at the stock price plunging, and the sell order would increase a little bit every few minutes, "The sell order at this moment is not ordinary scary, my hands are going to tremble, how much money I am making at the moment, give me a number." Ou Tianhao said to the several staff members present with a smile at the moment.
"It's already nearly 30 percent profit, and based on the large short position you now hold, in less than two months, you've made nearly 450 million in book profit on this stock." A staff member said respectfully to Ou Tianhao.
"Only 450 million? My appearance fee seems to be a bit low......"
At noon, when the market closed, Gaowo Automobile issued an announcement again, if the previous announcement was only because of strategic adjustment, then this time, Gaowo Automobile may be difficult to justify.
Gaowo Automobile Company announced that the four directors of the board of directors will reduce their stake by no more than 12% within a month, citing the use of personal consumption.
Discerning people can see at a glance that these directors do not want to tide over the difficulties with the company, but want to cash out before the stock price falls to the bottom!
For a time, the negative news about Gaowo Automobile was quickly spread by the media at a viral rate......