Chapter VI Profiteering Industry

As soon as New Year's Day in 2000 passed, Yi'an Technology broke out again in a wave of 14 consecutive yangs rose to 80.68, during which Xiao Fan drew three commissions according to the agreement, and no one defaulted on these times, and Xiao Fan once again got more than 660,000 commissions. And Xiao Fan's stock account has a floating profit of 180,000, almost doubled. During this period, some people sold some stocks under Xiao Fan's arrangement, because if they didn't sell some of the stocks, they wouldn't be able to give Xiao Fan a commission, including Lao Han.

The reason why Yi'an Technology can become a classic case of being a banker, in addition to the huge increase in influence, is also the way the dealer pulls up, from 25 yuan to 100 yuan, Yi'an Technology actually does not have a limit, but it keeps rising. Even in later generations, when selecting big bull stocks, the share capital of about 30 million actually became a landmark condition.

After three days of rest, Yi'an Technology seems to have ushered in the main rising wave, up 8.86% on January 27, up 5.23% on January 28, up 8.26% on February 14 after the Spring Festival, and up 7.19% on February 15 to break through the 100 yuan mark.

It was on this day that Xiao Fan informed all customers to sell 30% of the shares. On February 16, Yi'an Technology finally ushered in the first daily limit since the rise, closing at 114.83 yuan. Xiao Fan once again notified everyone to reduce their positions by 30%. On Thursday, February 17, Xiao Fan took a day of sick leave and told all customers to stay online, ordering all customers to sell all their stocks and sell all the 4,500 shares he held when Yi'an Technology was about to hit the limit again. On the same day, Yi'an Technology's full-day conversion rate reached 5.14%, with a trading volume of 1,813,500 shares, so the tens of thousands of shares of Xiao Fan and his customers did not affect the overall trend.

On average, the average buying price of Xiao Fan's customers is about 26 yuan, the total position is 52,000 shares, the average selling price is 110 yuan, the total profit is 4,368,000, and Xiao Fan got a total of 1.31 million commissions. Xiao Fan's own 4,500 shares made a profit of 360,000, and Xiao Fan's total assets exceeded 1.5 million at the beginning of the millennium.

The profit from participating in the speculation of Yi'an Technology this time is basically in line with Xiao Fan's expectations, because according to later information disclosure, the market maker of Yi'an Technology has a total profit of about 440 million on the premise of remaining 770,000 shares, and Xiao Fan's total profit with customers this time is exactly 4.4 million, which is equivalent to stealing one percent of the banker's profit.

However, in 2001, when the East Window incident occurred, the China Securities Regulatory Commission investigated and punished the bookmaker of Yi'an Technology, and this group of people not only spit out all their profits but also were fined twice. Therefore, it is very likely that the biggest profiteer of Yi'an Technology's rise is Xiao Fan. However, an operation like Xiao Fan neither bought nor sold himself, nor did he say that he raised funds to his account for operation, so there was no violation of laws and regulations.

When Xiao Fan first ordered to reduce his position, some people felt that Xiao Fan had sold early, and human nature was like this, he always had to look forward to Shu. But when Yi'an Technology began to fall off a cliff on February 21, everyone only had one sentence of admiration for Xiao Fan, and they all expressed their willingness to continue to operate with Xiao Fan, but some people increased their funds, and some people chose to reduce their funds for An.

The Hunan people proposed to have an interview with Xiao Fan, it seems that they want to increase funds, and Lao Han also hopes that Xiao Fan will go to Tianjin as a guest, but Xiao Fan refused, God knows what they would think if they saw that the so-called trader was just a junior high school student, Xiao Fan felt that it was better to make another profit and then decide whether to meet.

However, Hunan people still added 400,000 funds in the case of re-investment of the principal and profit, with a total investment of 1 million, and Lao Han also invested a total of 500,000 in the principal and profit, plus the funds of the rest of the people, the total capital is 6 million.

In 2000, Xiao Fan's only impression of the big bull stock was 000554 Taishan Petroleum, which was still called Lu Petrochemical A at that time, and he remembered that this stock rose about 3 times in 2000. At the end of February, Xiao Fan began to let everyone lay out this stock, in order not to affect the stock price, he still used the method of slowly absorbing chips, and the daily buying volume did not exceed 3% of the day's trading volume.

Because this stock was a relatively large stock at that time, with a daily trading volume of more than 30 million, by mid-March, Xiao Fan and his customers had a full position of Taishan Oil with a market value of 7 million, of which 1 million was bought by Xiao Fan on his account. The average price of all owners is around 4.9, and the total position is 1.43 million shares.

In fact, if there are still funds this time, Xiao Fan can buy more, because the rising logic of Taishan Petroleum and Yi'an Technology is completely different, Yi'an Technology is completely self-directed and self-acted by the banker, the left hand for the right hand to pull up the stock price immeasurably, and finally attract retail investors to take over, so in this case, if you rob the dealer too many chips, the dealer can choose to continue to wash the market until he gets the chips that make him feel satisfied. The rise of Taishan Petroleum is because of the real benefit, the transfer of state-owned assets, and there is no strong control of the market maker in this stock.

Xiao Fan still left 500,000 here, because in Xiao Fan's cognition, there should be a more profitable business during this period, that is, steel trade.

In his previous life, when Xiao Fan fell, he once made futures for the big boss of a steel trading company, and the boss's surname was Liang, who was one of the top ten richest people in Angang City, with a net worth of 900 million, and he should have made his fortune around 2000. And as far as Xiao Fan knows, many salesmen who worked with Boss Liang at that time ended up being their own bosses, which shows how profitable the steel trade business was at that time.

However, Xiao Fan has not actually been in contact with this industry, and how to operate it must be understood first, and Xiao Fan is not suitable for this matter to come forward in person, so he still has to choose a good agent.

At that time, the steel trade business was, to put it bluntly, to use information asymmetry to earn the price difference, which was different from Yang Million's use of the price of warrants in various places, buying low and selling high to earn the difference. Moreover, from 2000 to 2003, the price of steel rose all the way, even if the steel was unsalable in a short period of time, at least it would not lose money.

In order to encourage sales, the steel mill only paid about 10% of the deposit to get the steel, and then paid the full amount to the steel mill after the buyer paid. This is equivalent to adding a tenfold leverage to the steel trade.

For example, if you have 100,000 yuan in cash, you can get 1 million worth of steel from the steel mill, and if you can sell this batch of steel to a third party for 1.1 million, although it is only a 10% increase in price, the profit margin of the actual operator can reach 100%. Theoretically, as long as the payment is fast enough, there will be no bottleneck until the geometric progression of assets increases to the level of 10 million. At that time, some salesmen of Anshan Iron and Steel relied on this method to continue to snowball, from the initial capital of tens of thousands of dollars in two or three years to tens of millions of net worth, and even if your sales volume is large enough, you don't need to pay the freight, the steel mill is directly responsible for transportation.

Some people may want to say, this steel mill is not giving away money for nothing, can't this money be earned by the steel mill itself. But this is the case, state-owned steel mills are sold according to the pricing anyway, first of all, this price must ensure that the steel mill itself has to earn, and in order to be able to ship quickly, the salesman sold to whom at what price, as long as it is not illegal and can make up the money in time, other steel mills do not care at all.

It has to be said that this kind of business, which is regarded as a free money by people now, is not something that everyone will do. First of all, there were not many people who could find out that this trading was profitable at that time, and there were a few people who knew what leverage was at that time. Then, whether you buy directly from the steel mill or you are a salesman of the steel mill, you can't sell the steel for 11,000 yuan, so the profit from selling it is not enough for the freight. And who are you going to sell such a little steel? Who wants to build a pure steel toilet? Therefore, the goods from the steel mill must be at least six-figure goods, and at that time, there were not many people who could take out and dared to take out at least 10,000 yuan of deposit to do this kind of trading.

Yes, yes, there must be, if you have the ability, you can check how many hundreds, billions, tens of billions of people in the mainland are relying on the steel trade at this time. Some of these people are indeed talented, relying on this first pot of gold to develop into billions and billionaires, but most of them are not capable enough to match this level of wealth, and soon become the wiped out middle class, and become the support for others to become billionaires and billionaires.

Xiao Fan already had a candidate for an agent in his heart, so he waited for the funds to be in place.