NOVEL NEXT Chapter 7:
Chapter 7: From Limit Down to Limit Up! A Miracle Stock!:
Under Lin Xian’s watchful gaze, Brother Li sold all his shares in Changhe High-Tech at its lower limit.
He lost 10%, amounting to 30,000 yuan, leaving him with 270,000 yuan in principal.
“Brother Li, since the market’s this bad today, maybe you should sit it out,” Lin Xian suggested.
But as a seasoned “chopped leek” (an overconfident but frequently losing stock trader), Brother Li stubbornly shook his head.
“If I don’t reinvest, then that 30,000 yuan is gone for good! I’ve got to recover my losses!”
Brother Li scanned the gainers’ list for a moment before settling on a stock called Zhongliang Chemicals.
In a market where thousands of stocks were dropping to their lower limits, Zhongliang Chemicals had somehow risen 2%.
Looking smug, Brother Li tapped on his phone. “Lin Xian, trust your Brother Li. This stock is foolproof!”
“Think about it—if it’s already up 2% in such a bad market, what’ll happen when the market improves later? It’ll hit the 10% upper limit in no time!”
“When it hits the limit, my 270,000 will grow back to 300,000. That’s the strategy of an experienced trader!”
At this point, Lin Xian decided not to argue and watched as Brother Li confidently bought the stock at a 2% gain with his entire remaining capital.
Not even 20 seconds later, Zhongliang Chemicals spiked again, climbing to a 4% gain.
In the blink of an eye, Brother Li had gained 2%.
“Ha! How’s that? Your brother’s sharp instincts are unmatched!”
Lin Xian chuckled and patted Brother Li on the shoulder. “Here’s hoping it hits the limit by this afternoon. Good luck.”
With that, Lin Xian turned back to his own tasks.
Having taken the previous day off, he had a pile of work to catch up on. On top of that, Vice President Zhang had given him several big projects to handle, so he had no time to slack off.
Even though he had 800,000 yuan saved, Lin Xian believed in doing his job well for as long as he stayed at the company.
…
At noon, everyone ordered takeout together.
The office TV was tuned to the local news, replaying the morning’s interview with Lin Xian.
The host’s voiceover narrated:
“Hero Lin Xian expressed his hope that the public wouldn’t focus too much on him. Instead, he encouraged everyone to lend a helping hand to those in need in their daily lives.”
“The relevant department has announced that an award ceremony honoring Lin Xian’s bravery will be held soon, and this station will broadcast the event live.”
Vice President Zhang watched eagerly, but his excitement turned to disappointment. Taking a big bite of his chicken leg, he grumbled, “Damn! How come they showed me in the morning news but cut me out of the noon broadcast?”
“Lin Xian! Don’t forget to mention our company during the award ceremony!”
…
The afternoon proceeded quietly—except for Brother Li’s anguished scream.
“Ahhhhh! What the hell is wrong with Zhongliang Chemicals? Why is it crashing straight to the lower limit?!”
Hearing the commotion, Lin Xian glanced at Brother Li’s phone screen.
The stock that had been rising so well in the morning was now plummeting, dropping to -2%, -3%, -5%, -6%… racing toward the lower limit.
“What happened, Brother Li?”
“I don’t know! It was doing fine this morning. Isn’t this a scam?”
As they spoke, Zhongliang Chemicals fell further, hitting -8%.
Brother Li had bought it at a 2% gain, and now it was down 8%. In total, he had lost another 10%.
His 270,000 yuan was now reduced to just over 240,000 yuan—another 30,000 gone, and with it, more diapers for his kids.
But the worst blow came moments later.
“Oh my god! Look at this news! Changhe High-Tech just announced a merger with another company—a major positive development!”
In the stock market, news favorable to a company’s growth is called a “positive catalyst.”
A merger is typically seen as good news.
In seconds, Changhe High-Tech’s stock skyrocketed.
It shot from the lower limit straight to the upper limit in under 10 seconds!
“It hit the upper limit! Waaaah! Lin Xian! Changhe High-Tech hit the limit!”
“If I hadn’t sold this morning, I’d have made a 10% profit by now!”
By this point, Lin Xian could only sigh and console Brother Li.
The stock market is merciless to the impatient.
If Brother Li had held on to Changhe High-Tech instead of selling in the morning, not only would he have recovered his 30,000 yuan loss, but he would’ve made an additional 30,000 in profit.
But…
While Brother Li wasn’t looking, Lin Xian smirked slightly.
To him, this was extremely valuable information.
If someone had bought Changhe High-Tech at its lower limit and sold it at its upper limit later, they could’ve made a 20% profit in a single day!
Though not as lucrative as winning the lottery, stock market gains were far safer.
…
When the workday ended, Brother Li was too dejected to leave. Having lost 60,000 yuan in a single day, he knew he was in for a scolding—and maybe worse—when he got home.
Lin Xian offered him a few words of comfort before heading home.
After dinner, Lin Xian returned to his study, turned on the desk lamp, and pulled out his stationery.
He began to write:
[Dear Yesterday’s Me,]
[Hello.]
[I’m going to share a way to make money. Pay close attention!]