NOVEL NEXT The opening reward of the city is one billion
Chapter 502 These People Are Crazy
Chapter 502 These People Are Crazy
Yang Jin's private villa, he is quietly looking at the market chart, waiting for the opening of the HK exchange, he now has enough ammunition, 1000 billion US dollars, even if all the outstanding shares are sold together, he can eat it all Next, now you only need to buy, buy, buy.
In the stock market, the advantage of being long is to just buy, not to be afraid that others will not sell, and if others do not sell, the rise will be even fiercer.
9：00到9：15，这15分钟是开盘竞价时间，通常这段时间的竞价代表了股票一天的活跃度。
At 9:00:01, as soon as the market opened, Bright Future’s bidding activity jumped to No.1 on the active list of all HK stocks.
A large number of short-selling orders were listed, and the bidding price was directly lowered from the previous closing price of 0.94 yuan to 0.75 yuan. This price is the lifeline for the delisting of this stock. If it is lower than this price for three consecutive days, the delisting will be automatically initiated. City procedure.
Therefore, in the eyes of most speculators, this 0.7 yuan is a battleground for both long and short sides. Whoever wins this battle will be the winner.
However, in this case, it is limited to the situation where there is no absolute main control, and the joint efforts of many buyers are required.
A bright future does not apply to this lifeline at all, because no one would have thought that Yang Jin would have nowhere to go when his father suddenly became seriously ill, his family excluded him, and he was blocked by the industry giant Bell Labs.
He doesn't have that much money to bail out.
Theoretically, as long as there is enough money, you can control the wind and rain in the securities market, but this amount of money is astronomical, and even an institution like the Federal Reserve cannot afford it.
At present, Yang Jin has enough money.
But he was not in a hurry to sweep the goods, anyway, others were going to smash the market,
He set the buying price at the lifeline of 0.7 yuan, also to show his determination that he will never be defeated.
But Lin Chen, who was also waiting for the opening of the bidding, opened another interface.
Stock Name: Good Future, Code: MHQT88,
Institutional forecast: Seriously bearish.
There is a column at the bottom, which is what Lin Chen is most concerned about.
Short selling positions in securities lending: 110%.
Lin Chen smiled slightly. In a few days, it will be the day of securities lending and delivery, and the number of short-sold stocks has exceeded the actual number of stocks. This is the situation he has been waiting for!Thanks to Bell Labs for the divine assist, if it weren't for his sanction, there wouldn't be so many selling orders.
Among the 110% selling orders, there are 30% of his empty orders.
At the last second of the opening auction, he made a full backhand move, trading at the market price, and directly backhanded long with millions of lots of stocks.
The stock price immediately jumped to 1.1 yuan,
It became popular!An increase of 22.2%.
In the stock market, there is a difference between long and short.If you have more money, you can buy it. After buying it, you can hold it forever without a time limit.
But shorting is different.
There are two types of short selling. One is that you originally owned the stock and sold it directly. It is considered a short sale, which does not affect anything.The other is short selling through securities lending. If you don’t own the stock, but you are short, you can lend a corresponding amount of stock and sell it. When the stock falls to a certain level, you can buy it back to close the position.
The key here is to buy and close positions.
The number of circulating stocks in the market is limited, and it does not mean that you will be able to buy them if you want to.In particular, the number of selling orders has exceeded the existing tradable shares on the market, and they cannot be bought back when the position is closed. However, if you lose a lot of money, you have to let others ask for a high price to close the position.
Originally, the proportion of selling positions in the market reached 110%, and 10% of the people could not buy stocks to close their positions. This created a prisoner's dilemma, or the law of famine.
If there is a 10% shortage of food in the market, how much do you think the price of food will rise?
Will it rise by 10%?or more?
The real situation is that the price of food will rise to the sky, double, triple, five times, or even ten times and a hundred times, until... until 10% of the people can't afford it.
The consequence of food shortage is that 10% of people who cannot afford to buy food give up buying it, and its price will stabilize.
Stocks with a bright future are a bit like a food shortage, but because the stocks do not involve starvation, if you really can't buy to close the position, you have to force the liquidation at a premium of ten times the current stock price.
However, no one knew about the shortage of bright future stocks. This was the news that Lin Chen used the computing power of the Chaos Supercomputing Center to hack into the backstage of the HK Stock Exchange.
Of course, others don't bother to know, because under the sanctions of Bell Labs, the bright future is dead.No one cares what the stock holding status of a mortal company is.
They also didn't expect that when the stocks with bright futures were about to become waste paper, there was Lin Chen, the biggest short position holder, as an ally.
The largest short seller defected at the last second of the call auction, catching all the short sellers by surprise.
........................
"Mr. Rhine! Your intuition is still as sharp as before!" The assistant was stunned.Originally, I thought that Rhine said that selling all the bad news was just a joke. Who would dare to take the sanctions of Bell Labs as selling all the bad news instead of a fatal blow?
But Mr. Rhine has spent 0.8 million to buy long stocks with a bright future. The purchase price is 37.5 yuan. Before the opening of the market, he has already reaped [-]% of the floating profit.
The episode of call auction is not so easy to change the general trend. The bearish sentiment of a bright future has lasted for quite a long time. It is impossible to change such a general trend by doing more than one somersault.
A large number of selling orders immediately hit the stock price to 0.71 yuan, but at this price, it can no longer fall. A buying order of tens of millions of hands stands firmly there, as long as the selling order is less than 0.7 yuan, he will buy it unconditionally. In, like a 38-degree line that never retreats.
Everyone also knows that Yang Jin, the major shareholder of Bright Future, is desperately defending the market.
"These people are crazy!" Lin Chen saw that the short selling index in the background had skyrocketed to 200%!
In other words, there were 1000 million outstanding shares of this stock, but the number of short-sold shares reached 2000 million!
This is beyond common sense!No one wants to smash the plate to such an extent, right?
Lin Chen remembered a sentence, DGZY will never die if you want to kill me!
He believes that those who smashed the market will not be ignorant of the consequences of oversold!
Three days later, it will be time for securities lending and settlement. Those speculators don't know, do they?
That only proves one problem!They didn't want to wait until the delivery time in three days, and they had to knock down the stocks before that!Otherwise, they simply cannot bear the consequences of not being able to buy stocks on the delivery date and defaulting!
Lin Chen was a little serious, these were matters other than stocks.
…………
At 14:10 p.m., there are less than [-] minutes before the market closes.
(End of this chapter)
Yang Jin's private villa, he is quietly looking at the market chart, waiting for the opening of the HK exchange, he now has enough ammunition, 1000 billion US dollars, even if all the outstanding shares are sold together, he can eat it all Next, now you only need to buy, buy, buy.
In the stock market, the advantage of being long is to just buy, not to be afraid that others will not sell, and if others do not sell, the rise will be even fiercer.
9：00到9：15，这15分钟是开盘竞价时间，通常这段时间的竞价代表了股票一天的活跃度。
At 9:00:01, as soon as the market opened, Bright Future’s bidding activity jumped to No.1 on the active list of all HK stocks.
A large number of short-selling orders were listed, and the bidding price was directly lowered from the previous closing price of 0.94 yuan to 0.75 yuan. This price is the lifeline for the delisting of this stock. If it is lower than this price for three consecutive days, the delisting will be automatically initiated. City procedure.
Therefore, in the eyes of most speculators, this 0.7 yuan is a battleground for both long and short sides. Whoever wins this battle will be the winner.
However, in this case, it is limited to the situation where there is no absolute main control, and the joint efforts of many buyers are required.
A bright future does not apply to this lifeline at all, because no one would have thought that Yang Jin would have nowhere to go when his father suddenly became seriously ill, his family excluded him, and he was blocked by the industry giant Bell Labs.
He doesn't have that much money to bail out.
Theoretically, as long as there is enough money, you can control the wind and rain in the securities market, but this amount of money is astronomical, and even an institution like the Federal Reserve cannot afford it.
At present, Yang Jin has enough money.
But he was not in a hurry to sweep the goods, anyway, others were going to smash the market,
He set the buying price at the lifeline of 0.7 yuan, also to show his determination that he will never be defeated.
But Lin Chen, who was also waiting for the opening of the bidding, opened another interface.
Stock Name: Good Future, Code: MHQT88,
Institutional forecast: Seriously bearish.
There is a column at the bottom, which is what Lin Chen is most concerned about.
Short selling positions in securities lending: 110%.
Lin Chen smiled slightly. In a few days, it will be the day of securities lending and delivery, and the number of short-sold stocks has exceeded the actual number of stocks. This is the situation he has been waiting for!Thanks to Bell Labs for the divine assist, if it weren't for his sanction, there wouldn't be so many selling orders.
Among the 110% selling orders, there are 30% of his empty orders.
At the last second of the opening auction, he made a full backhand move, trading at the market price, and directly backhanded long with millions of lots of stocks.
The stock price immediately jumped to 1.1 yuan,
It became popular!An increase of 22.2%.
In the stock market, there is a difference between long and short.If you have more money, you can buy it. After buying it, you can hold it forever without a time limit.
But shorting is different.
There are two types of short selling. One is that you originally owned the stock and sold it directly. It is considered a short sale, which does not affect anything.The other is short selling through securities lending. If you don’t own the stock, but you are short, you can lend a corresponding amount of stock and sell it. When the stock falls to a certain level, you can buy it back to close the position.
The key here is to buy and close positions.
The number of circulating stocks in the market is limited, and it does not mean that you will be able to buy them if you want to.In particular, the number of selling orders has exceeded the existing tradable shares on the market, and they cannot be bought back when the position is closed. However, if you lose a lot of money, you have to let others ask for a high price to close the position.
Originally, the proportion of selling positions in the market reached 110%, and 10% of the people could not buy stocks to close their positions. This created a prisoner's dilemma, or the law of famine.
If there is a 10% shortage of food in the market, how much do you think the price of food will rise?
Will it rise by 10%?or more?
The real situation is that the price of food will rise to the sky, double, triple, five times, or even ten times and a hundred times, until... until 10% of the people can't afford it.
The consequence of food shortage is that 10% of people who cannot afford to buy food give up buying it, and its price will stabilize.
Stocks with a bright future are a bit like a food shortage, but because the stocks do not involve starvation, if you really can't buy to close the position, you have to force the liquidation at a premium of ten times the current stock price.
However, no one knew about the shortage of bright future stocks. This was the news that Lin Chen used the computing power of the Chaos Supercomputing Center to hack into the backstage of the HK Stock Exchange.
Of course, others don't bother to know, because under the sanctions of Bell Labs, the bright future is dead.No one cares what the stock holding status of a mortal company is.
They also didn't expect that when the stocks with bright futures were about to become waste paper, there was Lin Chen, the biggest short position holder, as an ally.
The largest short seller defected at the last second of the call auction, catching all the short sellers by surprise.
........................
"Mr. Rhine! Your intuition is still as sharp as before!" The assistant was stunned.Originally, I thought that Rhine said that selling all the bad news was just a joke. Who would dare to take the sanctions of Bell Labs as selling all the bad news instead of a fatal blow?
But Mr. Rhine has spent 0.8 million to buy long stocks with a bright future. The purchase price is 37.5 yuan. Before the opening of the market, he has already reaped [-]% of the floating profit.
The episode of call auction is not so easy to change the general trend. The bearish sentiment of a bright future has lasted for quite a long time. It is impossible to change such a general trend by doing more than one somersault.
A large number of selling orders immediately hit the stock price to 0.71 yuan, but at this price, it can no longer fall. A buying order of tens of millions of hands stands firmly there, as long as the selling order is less than 0.7 yuan, he will buy it unconditionally. In, like a 38-degree line that never retreats.
Everyone also knows that Yang Jin, the major shareholder of Bright Future, is desperately defending the market.
"These people are crazy!" Lin Chen saw that the short selling index in the background had skyrocketed to 200%!
In other words, there were 1000 million outstanding shares of this stock, but the number of short-sold shares reached 2000 million!
This is beyond common sense!No one wants to smash the plate to such an extent, right?
Lin Chen remembered a sentence, DGZY will never die if you want to kill me!
He believes that those who smashed the market will not be ignorant of the consequences of oversold!
Three days later, it will be time for securities lending and settlement. Those speculators don't know, do they?
That only proves one problem!They didn't want to wait until the delivery time in three days, and they had to knock down the stocks before that!Otherwise, they simply cannot bear the consequences of not being able to buy stocks on the delivery date and defaulting!
Lin Chen was a little serious, these were matters other than stocks.
…………
At 14:10 p.m., there are less than [-] minutes before the market closes.
(End of this chapter)
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