Chapter 32: Shorting
Gu Yang and Lan Xi chatted until midnight before sending off their grandchildren. In this conversation, the two set the direction of the company's future development.
Although he had been running around for most of the day, he didn't feel tired at all, poured a glass of wine again, and came to the study on the second floor, where Mozi was trading.
Gu Yang looked at the time-sharing chart, and frowned: "What's the matter, didn't you let you 'short', who asked you to pull up the stock price of 'Zheng's Entertainment'." ”
"Big brother, the plate of 'Zheng's Entertainment' is too small, we have more than 5 billion funds in our hands, and the direct short buying is limited, and it is only when we pull the stock price up and smash it down. Mozi said confidently.
Gu Yang felt that it made sense, and when he looked closely, he saw that Mozi made a purchase of 100 million yuan. Zheng's Entertainment's stock price opened at twenty silver coins, and at this time, he had been pulled to twenty-five silver coins. And "Zheng's Entertainment" is a GEM company, and there is no limit on the rise and fall.
After the increase of more than 10 percent, there will be a large amount of money to follow. Driven by Mozi, the stock price rose like a tide, wave after wave. This increase is 30 percent.
"It's better to speculate on the GEM to make money...... Gu Yang sighed and said worriedly: "It's so high, it's almost, don't put yourself in it." ”
"Big brother, according to my calculations, it's no problem to double this stock and run again. Mozi was full of confidence, and another 100 million buy order went up, and the stock forum went crazy at the same time:
"I'm going, what's the situation, is this the rhythm of acquiring 'Zheng's Entertainment'?"
"Could it be that 'Zheng's' is going to be privatized and delisted, and it won't take us to play?"
"Chase or retreat?"
"Could it be that 'Zheng's' has made a big move to raise the stock price in advance?"
"It's not going to be the 'Zheng family' who wants to hold the God of Gamblers on the 'Princess Alice' luxury star cruise ship......
"I'll go, this is too bloody!"
......
In just two hours, the share price of "Zheng's Entertainment" doubled, and Mozi's 5 billion only used 2 billion. Just when everyone thought that "Zheng's Entertainment" would continue to rise, Mozi suddenly shorted 2 billion silver coins, and threw out 100,000 hands of chips, and the stock price plummeted by 10% in an instant.
"I'll you!"
"The main force is shipped, and it must be pulled up first, run!"
"The main force is big, Lao Tzu has served you, leave a way for your buddy to live!"
......
At first, there was still a lot of scolding on the forum, and then there was mourning......
After the deep fall, the stock price just rebounded by six percent, and Mozi threw out another 100,000 hands of chips.
Gu Yang frowned and hesitated: "Aren't we losing money by buying high and selling low like this?"
"The stock price will be lost, but we still have a killer feature. Where the stock price falls, we have the final say!" Mozi smiled confidently, and threw out another 100,000 hands.
Mozi only sold 2 billion chips, and "Zheng's Entertainment" fell back to the opening price. Mozi didn't spare his hand and continued to smash the plate violently.
Within three hours, the stock price fluctuated by 100%, and seeing that the sell orders were still smashing down, retail investors finally couldn't stand it anymore.
"Damn, this is going to kill 'Zheng's Entertainment'!"
"'Zheng' has offended anyone, apologize quickly, Lao Tzu can't stand it. ”
"You guys carry it, brother will withdraw first!"
......
As a listed company, "Zheng's Entertainment" naturally has traders who specialize in maintaining stock prices. The Zheng family is the controlling shareholder of "Zheng's Entertainment" and is fully capable of maintaining its own company's stock price.
Zheng Guangming is the financial consultant and trader of the Zheng family, as a master of finance from Ziyuan Business School, he accepted the responsibility of maintaining the stability of the stock price of "Zheng's Entertainment" as soon as he graduated. Before the release of each quarterly report, he will adjust the stock price to a reasonable position with lightning speed at a time that everyone does not expect, and will never give retail investors the slightest chance to pick up the leaks.
But when the stock market crashes, he will buy "Zheng's Entertainment" against the market, and try his best to create the image of "Zheng's Entertainment" as a safe-haven stock. In general, the share price of "Zheng's Entertainment" has also risen, so it has a good reputation among old shareholders.
But today, the fierce offensive of the opponent team caught him off guard.
When the counterparty began to pull up the stock price, he didn't pay attention to it, but only thought that it was a robot-controlled floating capital that bought the relevant stock indiscriminately. After the stock price rose by 3 percent, he began to reduce his holdings according to standard trading techniques. In this way, when maintaining the stability of the stock price, you can also make a part of the gains.
However, the other party's purchase order was endless, and after selling 100,000 lots in a row, the other party had no intention of stopping, and Zheng's equity share fell to a dangerous situation of 50%. Once Zheng loses the position of controlling shareholder, some of the company's secret operations will be hampered. After considering the possibility of a hostile takeover by the other party, he began to increase his holdings backhand, and the stock price rose out of control.
After that, he did a number of swing operations, but whether he bought or sold, the stock price was rising, it was just a matter of speed or slowness.
Gradually, he also stopped manipulating the stock price until the stock price doubled......
The "GEM" does not have a "card-raising" system, and just when he thought that the other party would negotiate with the Zheng family after getting 30% of the shares, a 100,000-hand sell order suddenly scared him out of a cold sweat.
According to the trader's standard actions, he immediately made a "short selling" operation on "Zheng's Entertainment". In this way, when the stock price falls, he can also use the profit of "shorting" to make up for the loss of the high position. However, the "short selling" operation was unsuccessful, and all the chips of the brokerage have been swept away.
Then, there were waves of swooping and smashing. When the stock price fell to 30, he gritted his teeth and threw out his chips to cash out.
In just an hour, "Zheng's Entertainment" was beaten back to the prototype, and he began to buy back chips at a lower price. Under normal circumstances, this is a sure-fire deal. This time, however, the sell-off fell like an avalanche......
"This is malicious shorting!" he yelled, seeing that his own funds were not enough at all, he immediately dialed a phone call: "Finance, hurry, call one billion over." Someone shorted 'Zheng's Entertainment', I can't stand it!"
"I'm sorry, Ming Shao, I can only give you 100 million!" The young and beautiful female financial director smiled charmingly, and did not take Zheng Guangming's words to heart.
"100 million is fine, quickly!" Zheng Guangming couldn't take care of it, and said: "Also, I want to see the old man, hurry!"
"Okay!" the female director smiled and cut off the communication.
Seeing that the sell orders of more than 100,000 hands were pressed down, Zheng Guangming did not dare to carry it hard, but only dared to wait for a wave of killings and falls. Fortunately, the valuation of "Zheng's Entertainment" is reasonable, and there is performance there, when the stock price fell by 10%, there was capital to enter the market to rebound.
One, two, three......
After the stock price bottomed out three times in a row, the sell orders were also much less, and this round of trading then ended, and "Zheng's Entertainment" closed at 17.4 silver coins, down 13 percent, with a huge amplitude and a normal decline.
As a rule of thumb, this squat is the end of it. As long as you rest for two hours, the stock price of "Zheng's Entertainment" can stabilize and recover. Zheng Guangming thought like this, breathed a long sigh of relief, and opened the "Dragon and Tiger List" of this round of trading.
The list shows that the largest trading seats are "Guyang Asset Management Co., Ltd.", with a trading amount of nearly 4 billion.
"My God, the total amount of this round of transactions is only 5 billion, and this company alone accounts for 4 billion, has the Zheng family offended others......" He frowned, and opened the information page of "Guyang Asset Management Co., Ltd."
"General Manager Gu Yang, with a registered capital of 20 million, 'Lanxi Mining' shareholding plan, 100 times leverage. 'Nineng No. 1' fund, with a scale of 10 billion. When I went, I thought it was some kind of financial predator, but it was a small company with a capital of 20 million. This kind of little minion dares to come and touch my Zheng family's tiger whiskers! I want to see who this Gu Yang is!" Zheng Guangming snorted coldly and opened Gu Yang's registration information.
"Studied in the 76th Vocational High School of Cyanobacteria Star, grade 12, general manager of Guyang Technology Co., Ltd., general manager of Guyang Asset Management Co., Ltd. I'm going to it, I'm still a middle school student, and I've been stunned for a long time, I don't know if I've been offended by any of the Zheng family's gentlemen...... "Zheng Guangming is about to collapse, his dignified opponent of Ziyuan Business School's master's degree in finance is actually just a middle school student."
"Boy, dare to play a big knife in front of Guan Gongmen, I want you to know what real finance is!" In an instant, Zheng Guangming was in high spirits, walked to the corner and poured a cup of coffee, and sat on the sofa with great interest, like a lion meeting its prey.
After thinking about it for a while, he sneered: "In the previous round of trading, you ate all the short chips, and the profit was only thirty percent. Thirty percent of the space, I see if you can still buy back those 50 million chips! Next, I'm going to let you know what a 'long and short double kill' is!"
Thinking of his trick, he just wanted the next round of trading to start immediately......
Two hours passed quickly, Zheng Guangming stared, adjusted the trading window to the maximum, and directly occupied the entire information wall. On the walls on both sides are rows of pressed indicators, some are graphs, some are lines, and some are pie charts...... These are all the results of his theory.
"The bottom is full of short-term customers, and you want to make money from my Zheng Guangming, you are not qualified enough! With the start of the transaction, Zheng Guangming placed a large order of 100,000 lots in the "buy three" and "sell three" positions at the same time. Whether it is buying or selling, within the range he delineates, this is the advantage of the bookmaker. As long as the chips are fully traded within this price range, an unbreakable "bottom line" will be built in the hearts of retail investors.
However, the tried and tested trading tricks are a little ineffective at this time. His sell order almost didn't move, but the buy order was sharply reduced, seeing that the defense line of 100,000 hand pay was about to be broken, he stared at him and shouted: "'Long and short double kill' second style, lead the snake out of the hole!"
said, put a 100,000-hand buy order on the "sell five price", directly ate his previous sell order, and created the illusion that the main capital entered the market to sweep the goods. The transaction price of this large order will leave an important hint in the hearts of all retail investors: "This is the purchase price of the main funds......"
At this time, large and small funds will follow, which will generally bring the stock price to a new level. However, this time, it was a thousand hands, a thousand hands of large orders rushing out, and the stock price was surging down like a flash flood.