Chapter 162: Phantom Company Exits, Jumian's Stock Price Soars (Three Watches)

Following.

After a night of fermentation, keywords such as "giant cotton textile", "stocks" and "getting rich overnight" made the front page headlines of the city's morning newspapers.

Many people in Qiongbi City are crazy.

Stocks are not valued by rating agencies, and valuations are fictitious, and no one necessarily buys them.

But the stock price is real, and it was verified by those shareholders who traded it in person yesterday and verified it with the Union Coin in their hands!

When the trading market opened, the stock price of Jumian Textile was 5 yuan a share. When the market closed, it rose to 8.25 shares, an increase of 65% on the day!

When the market is closed, there are still many people who are trying to buy, and if it closes later, it will definitely continue to rise!

Up 65% in one day! Which business has this to make money?

There were still many people who didn't know what this stock was, but now after hearing the colorful explanations of the first batch of shareholders, they were eager to try, isn't it just to buy at a low price and sell at a high price, they think they can do it!

But some people are happy, and some people are sad.

Some shareholders did not grasp the timing and lost a lot of money.

After all, stock prices fluctuate, and no one dares to say that they can rise 100% in the short term.

And many people are prone to follow the crowd - buying at a high price and selling at a low price, which leads them to become leeks.

Those who make money, where do they make their money from? It is from these people!

When I heard that many people had lost money, everyone's hearts sank. Sure enough, there is no pie business in the world, and stocks are still risky!

At the same time, Jumian Textile Company also issued an announcement: the stock market is risky, and investment needs to be cautious!

As a conscientious entrepreneur, Luo Yin must remind these shareholders not to be blind.

The effect is also there, the next day after the temporary trading market opened, the stock price of Jumian Textile is not as large as yesterday's fluctuation, stabilized, steady rise.

There are more rich people who come to trade today. When there are more people, there are more people who want to buy, and stocks will naturally begin to rise in short supply.

When the trading market closed today, the stock of Giant Cotton Textile had risen to 10.36 Unions!

Those who made money laughed loudly, and those who didn't make sighed and prepared to come back tomorrow.

As for those who lose money, they are red-eyed and waiting for the name to fight again. Many people know that the longer they keep stocks in their hands, the easier it should be to make money, but when they see others making quick money, they are not willing to give it a go......

At $10.27, Kelvin sold 2,000 shares. The 3,000 shares he bought yesterday cost a total of about 20,000 yuan, ignoring the transaction costs. And today I sold 20,000 shares after only selling these 2,000 shares! It is equivalent to him earning a thousand shares for nothing! According to the current stock price, it is 10,000 yuan!

Earn 10,000 dollars in two days! It was something he had never dared to think of before.

But there's one thing Kelvin is good about, and that's contentment.

He knew that he might make more money after keeping the stock, but he could also lose money, and he had seen too many people lose money in the past two days.

So he sold 2,000 shares to recoup his capital, first to ensure that he would not lose money. Then keep the last thousand shares in your hands, and make more and less depending on your luck.

He may not make a lot of money this way, but he is much less likely to lose money.

Kelvin is just a small microcosm of the stockholders, some are similar to him, some are more radical than him, and some are more conservative than him. Everyone's personality and ideas are different, but it is precisely because of them that the stock price of Jumian Textile can be speculated. Of course, the premise is that the company itself is very good.

May 5th.

After two days of fermentation, basically the entire city and most people outside the city knew about stocks.

The market is closed today and is not open.

Everyone couldn't buy stocks and could only chat, but at this time, everyone suddenly reacted.

Since the shares of the Giant Cotton Textile Company can be sold for ten yuan a share, then their total of one million shares is not worth 10 million!

A real 10-million-level company!

This is not estimated by any rating agency, this is what everyone admits with money!

Now, not only the shareholders are not determined, but also those businessmen, bosses, investors, and magnates are also unsettled.

Because does this mean that as long as Jumian Company is willing to sell all the stocks in its hands, it can get 10 million cash? They don't doubt that anyone will buy it, because they want to buy it themselves! After all, this is a giant cotton company, not to mention the price increase of stocks, even dividends can share a lot of money!

Many people have looked at the Giant Cotton Company and the exchange, since the Giant Cotton Company can find stocks, can they also issue them?

May 7th.

The exchange is about to open its doors after a two-day break, but before it opens, Jumian suddenly announced that it will put another 50,000 shares on the market today.

This instantly attracted a lot of people, and shareholders also deposited money into their accounts, ready to buy another wave.

At ten o'clock, the door opened on time.

In less than 30 minutes, the 50,000 shares were snapped up, and the price reached 11.73 Unions.

By the time the doors closed, the stock price of Jumian Textile had risen to 11.91!

There are many people who make a lot of money, of course, some people make and some people lose, but they are selectively ignored by everyone.

May 9th.

Jumian announced that its own cotton cloth was listed.

There are only two kinds of cotton cloth on the market in Qiongbi City, one is the brand of the Magic Company and the other is the brand of the Giant Cotton Company.

Everyone compared it and found that the cotton cloth of the Jumian brand is no worse than the Phantom Company! And the price is not expensive, and the price is about the same as that of the Phantom Company.

However, the giant cotton company has carried out an activity, as long as you buy cotton cloth, you can enjoy a certain price discount to buy linen cloth.

In addition, they have cooperated with many clothing stores in the city, where they can buy clothes made from the cloth of the Jumian Company, and they will also receive discounts.

This is the advantage of local enterprises, and Phantom Company cannot do this step for the time being.

On the same day, the stock price of Jumian continued to rise. The highest breakthrough was 13 yuan.

These days, there are more and more cloth from the giant cotton company on the market, and there are fewer and fewer cloths from the magic company, not that the magic company can't win, but they are not ready to fight with the giant cotton company, and the goods are not entered, and the goods will naturally be less and less.

On May 13, the company suddenly left Qiongbi City without saying a word, leaving only one office and continuing to sell a small amount of cotton cloth.

Before leaving, one of the persons in charge of the Phantom Company also came to meet with Puran, saying that the two sides could cooperate if there was a chance in the future, Eugene had been recalled to the company, and his personal behavior did not represent the Phantom Company......

The man spoke very politely.

When Puran found out, he didn't say anything, just sighed helplessly.

Because he knew that although Jumian Company won, Phantom Company did not lose either.

Although they failed to seize the market in Qiongbi City, they sold cloth here for more than a month, and how much profit was made!

The withdrawal of the Phantom Company is not necessarily cowardice, but they feel that since they can't suppress the Jumian Company, it is better to accept it when it is good, there is no need to die here, after all, the market of Qiongbi City is so big, there is no need to lose both, there are still so many regions in the country.

Even before leaving, he took the initiative to show goodwill to the giant cotton company and showed his confidence.

This is a real big company, it is estimated that if they go public, the market value will not exceed 100 million?

Puran shook his head, not daring to think about it.

After the company left, Jumian Company announced the release of 50,000 shares again, and said that it would not be released again in a short time, which was the last batch of shares circulating in the market.

Stimulated by the departure of the Phantom Company and the news of the "last batch", the 50,000 shares were snatched up by the way, and the price was more than 17 yuan!

By the end of the day's trading, the stock price of Jumian has completely stabilized at 18 Unions!

The incident was reported in various newspapers that evening.

18 stocks, a company with a market value of 18 million! This is not an estimate!

In just one week, the market value has risen from 5 million to 18 million!

They have never seen such a crazy company!

Luo Yin feels that the stock price should be stable now, and there may be small fluctuations in the future, but it will not be too exaggerated, after all, Jumian Company is very stable.

And this time the company went public, which made Luo Yin's worth skyrocket!