Chapter 161: Stock Price Manipulation
On October 15, Lin Shi established a long position of 20 million yuan when the price of ST Tengguang fell to 27 yuan a share, Lin Shi believes that in the position of 27, ST Tengguang can be said to be unable to fall, and the income is basically greater than the risk, because the position price of Black Wolf Capital is more than 30 yuan, and it has fallen more, and they are the ones who have lost the most, and if this year's third quarterly report and annual report come out, if ST Tengguang still does not take off his hat, he will clear the position and buy it in October next year.
Repeated operations back and forth, there is always a time when you can meet ST Tengguang to take off his hat.
Whereas......
Once the hat is removed, the profits brought are unimaginable, with the huge financial advantage of the black wolf capital, they will definitely spend money to build momentum, so that the stock price rises higher, and the era of the original shareholder Tengguang Group is over, ushering in the era of black wolf capital, even if you don't take off the hat, the black wolf capital will also solve the problem left by Tengguang Group in this stock, with the particularity of ST Tengguang's main business, as long as it can be recognized by the capital market, the stock price is just around the corner.
"Ding ......" Lin Shi opened his mobile phone and saw that it was a message from Tan Yue: "Have you had any stock recommendations recently?" Customers have been dying lately. ”
Lin Shi hesitated, he didn't know whether to recommend ST Tengguang to customers, after all, it was "ST shares", and others would be a little respectful after seeing it.
After all......
They also have pseudo-white horse stocks that have been rising to choose from, and there is no need to pick them up in the "trash can".
In the end, considering that there is a certain risk in pressing this kind of cap-picking stocks, Lin Shi still didn't recommend such stocks to his customers, and he posted: "No, I'm looking at it." ”
Ou Jiawen was checking the trader's transaction records at the moment, and seeing that Lin Shi had not made any transactions since Sanyi Paper, Ou Jiawen was a little speechless, but Ou Jiawen did not urge him when she considered the benefits that Lin Shi brought to the company.
Even if other traders do short-term, they earn 50% in a month......
"Bought ST Tengguang, 20 million?" Ou Jiawen looked at the screen and muttered to herself, she saw that ST stocks originally thought of junk stocks, but she couldn't help it, he clicked on the fundamental information and news of this stock, and after checking them all, she faintly guessed Lin Shi's idea of buying this stock.
However, what puzzled her was, why did she have to choose stocks from the ST sector? Wouldn't it be better to buy white horse stocks and wait for them to rise? Lin Shi did not have a single ultra-short-term transaction record in his trading records, which was in stark contrast to other traders, if it weren't for Ou Jiawen's understanding of this person to a certain extent, she would have thought that Lin Shi had come to the trading department to mix the basic salary.
After Lin Shi finished reading Huaxia's stock market, he didn't forget to take a look at U.S. stocks. Or is it the stock of Baiju Chinese.com, the stock price at this time ......
It has risen to $48 a share, and the price of the listing is only $15, in less than ten months, the stock has more than tripled, Lin Shi Baidu searched for the company's news, because it is a Chinese concept stock, the news is in English, so Lin Shi had to use translation software, translated into Chinese to read.
Lin Shi learned from some news that Baiju Chinese Network has recently shined in the eyes of major investment banks, hedge funds and mutual funds on Wall Street, and analysts pointed out that the annual growth rate of 35.4% is very low compared to other Internet industries, so the upside behind is very large!
After Lin Shi saw that Wall Street analysts gave the future price, he knew that these highly educated graduates were just some idiots who were well-dressed and didn't understand anything, and seventy percent of the analysts gave a price of $60 per share, the remaining two percent were $72, and the last one was as much as $120.
In order to attract people's attention, some analysts said wildly: "As the first listed online novel website in China and even the United States, Baiju Chinese Network has undoubted profitability, and its theme rarity is incomparable to other stocks in Chinese concept stocks, there is no doubt that Baiju Chinese Network will lead Huaxia Internet literature to prosperity!" ”
Of course, Lin Shi knows that what attracts people is never the analysis reports of these brainless analysts, but the stock price.
That's right, it's the stock price, and the rise in the stock price attracts most of the money, and they think they can make a huge profit after buying, and then clear their positions and walk away when others don't come to their senses.
Can......
This situation does not seem to be very applicable to Baiju Chinese Network, some institutions, 18 yuan to buy, feel that 25 yuan is the top, so the liquidation of the sale profit, the result just sold, the stock price continues to rise, and some institutions feel that 32 yuan is the top, just sold, the stock price continues to rise.
Finally, many hedge funds and mutual funds that are bullish on this stock simply buy dives, do not do short-term, and do not use put options to hedge risks, resulting in extremely rare stocks that are liquid for a while, even if millions of dollars can pull up a few points.
And Baiju Chinese.com's price-to-earnings ratio of $48 and reached a terrifying 80 times, such a price-earnings ratio scares almost all value investors.
The rest are some free capital and retail speculators, who are notorious in the market, and as long as the wind is not right, they will immediately clear their positions and leave, and if their judgment is wrong, they will continue to buy the stock position.
This makes the funds have 0 tolerance for negative news on the news surface of Baiju Chinese Network, and as long as the negative news comes out, the stock price will plummet.
However......
Baiju Chinese Network for nine months, all good news, from a certain website to poach a platinum-level writer, how much traffic and how much expected profit, or signed a strategic cooperation agreement with a literary website will further expand the company's territory Yunyun, even if some keyboard warriors who have nothing to spray casually, there is no trace at this time, Lin Shi carefully looked at the K-line chart that rose at a 60-degree angle, and a trace of cold air came out of his heart.
Who would have thought that such a stock, which has no problems in terms of fundamentals and news, is being targeted by some bears like hungry wolves at this moment, and they are the masterminds behind pushing up the stock price of Baiju.Chinese com......
At this time, in an inconspicuous Huaguo restaurant, a middle-aged man dressed richly and with a mustache held a document in his hand and respectfully handed it to the woman in front of him.
"Miss, this time the master gave you $2 billion to short this stock." The middle-aged man said respectfully, this person's name is Bai Yan, and he is the chief housekeeper in the Mishima Group.
"Two billion dollars? Too much, we already have such exact news, if we do it properly, with only 200 million, I can make Baiju Chinese Network plummet by 50%! ”
Tomomi Mishima said, with murder in her eyes.
"The master said that the excess funds are used to deal with unexpected situations, after all, this company is backed by the Zhao Group, if the Zhao Group decides to force all the shorts, then the two billion will definitely help Miss you survive to the end."
Bai Yan's respectful tone did not decrease, and he said with a hint of a smile.
Mishima Tomomi nodded: "Okay, I see, thank you, Uncle Bai." ”
"Everything is what I should do." After Bai Yan finished speaking, he bowed to Mishima Chimi, and then walked out of the restaurant.
Mishima Tomomi was eating a little chaos while reading this information, which had photos of Wang Xudong and Yang Hua's recent meeting, bank transfer records, financial report fraud methods, and their call records.
Mishima knew that the corners of her mouth were drawn with a sneer, which was particularly dazzling in the soft light, and then, she slowly put down the information.
She had spent money to send private detectives to follow Yang Hua and Wang Xudong long ago, and got the news that they would meet and conspire to tamper with the financial reports, these news may seem like a fantasy in the eyes of others, but it is nothing to Mishima Zhimeilai, and the news that she can't get is because the money is not spent enough, and money can make the ghost grind!
After getting the first-hand news, she began to plan this short sale, he not only pulled Jack Black, but also pulled some hedge funds in Japan and the United States as her allies, if the cost is not met, the scale of this short will reach 4 billion US dollars!
Of course...... The premise is that you can borrow the stock from the broker to go short.
Mishima Zhimei originally wanted to short at 30 yuan, with strong negative news, Baiju Chinese Network is likely to fall below the issue price!
However, Mishima Tomomi felt that this profit was really too small and too little, and when some profits were distributed to these hedge funds, she could only get tens of millions of dollars in profits, and she pulled several hedge funds, but she could only get tens of millions of profits? Who would do such a stupid thing?
Therefore, she changed the short analysis report obtained through her own investigation into a good long report, and she spread these analysis reports to those analysts on Wall Street through grapevine, and then pulled up the stock price of Baiju Chinese Network through overseas accounts, so that in the eyes of outsiders, it is these analysis reports that have played a role in driving the rise.
When a group of funds heard the news, Tomomi Mishima cleared all the long positions, but ......
A positive cycle of stock price rise began, the stock price was driven by "good" news, constantly rising, constantly hitting new highs, some "discerning" analysts have seen the abnormality of Baiju Chinese Network in advance, they released news that the current stock price has seriously exceeded its intrinsic value, which is irrational prosperity!
Outcome......
When the capital market got these bearish news, the stock price of Baiju Chinese Network soared by 12% overnight, which suddenly swollen the faces of these analysts who were bearish on stocks, and then, when the stock price kept rising, no analyst dared to bear the stock.