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Chapter 210 Suppressing the stock price

When Chen Qiaoshan arrived at the town to go to the Internet cafe, it was already past eight o'clock. He specially found a machine in the corner of the Internet cafe and downloaded a software for watching the market.

The domestic stock market has been around for more than ten years, and there are basically post-holiday market trends every year, especially around the Spring Festival, where most individual stocks rise more and fall less.

This is related to the domestic economic environment. China's macroeconomics are affected by changes in the economic system. The Spring Festival is an important node. According to traditions over the years, the policies issued during this period are generally favorable.

Another thing is that around the Spring Festival, the most active stage of individual stocks and sectors.

During this period, the performance reports of the previous year were basically clear in the minds of all corporate executives, but ordinary shareholders were not clear about it.

In the capital market, information is the most valuable, and there are basically no secrets in the face of power and money.

The asymmetry of information gives some people who know the inside story an opportunity to take advantage of it. Whether it is good or bad performance, a wave of speculation can be carried out before the annual report is disclosed. Whether it is to build a position to make a profit or stop loss in advance, it is simple.

Chen Qiaoshan didn't care about anything else. He thought it was very simple. No matter what, he would make a fortune first.

Looking at the stock price of Tunhe Co., Ltd. on the screen, Chen Qiaoshan felt a little confused. The price of two yuan and three cents is obviously ridiculously low. Why no one bought such a low price? After all, he was still confused by the word "profit".

This New Year is inevitably a little quiet.

The Delong Group suddenly disappeared. The big collapse before the New Year was like it had never happened. Everything seemed so orderly. Perhaps only the creditors of more than 100,000 yuan were always thinking about the life and death of the Delong Group.

Things are not absolute. A few years ago, Tang Wanxin ran away without any surprise, and the news media reported on the incident as soon as possible.

The incident in Delong was reported. This was the second time he ran out of the country, but this time he was a little embarrassed and hurriedly smuggled into Myanmar.

It is a bit of an exaggeration to say that smuggling is actually a sieve. In the border line in southern Yunnan, many places are completely sifted. By the way, have you seen holes in the border fence? The people of the two countries travel freely, like a vegetable garden gate, entering and exiting at will. It is really a waste of time to smuggle.

Tang Wanxin ran away, and the ending of the Delong Group was destined, and countless creditors could only use their respective financing certificates to worry.

When the Delong system collapsed, the third stocks naturally disappeared, and the stock price collapsed.

The most tragic thing is St. Yan. Chen Qiaoshan looked at the almost continuous limit down trend, and he felt scared. If he was trapped in, he would probably not have to expect to get out of the trap.

Chen Qiaoshan knew that if he hadn't intervened, St Zhongyan would have followed the established trajectory, completed the reorganization, and then was quickly sold. Now, everything has changed. Regardless of whether the CSRC agrees or not, delisting has become the only way out for St Zhongyan.

Chen Qiaoshan is concerned about St Zhongyan because Tunhe Co., Ltd. is its controlling shareholder. He has been thinking about Tunhe for a while, and only thinks of such a negative negative.

Compared with the collapse of the Delong Group, the delisting of st Zhongyan can only be considered insignificant. However, if the dealer wants to wash the market, negative news is the best excuse. In this way, st Zhongyan has become an obstacle that cannot be avoided and has become a weather vane for the main short selling.

Before the capital chain broke, Tang Wanxin pledged all the shares of the three legal person shares he held to the bank, and his financial institutions also took the lead in selling. The bank has become the largest creditor of Tunhe Co., Ltd.

Under this circumstance, the stock price of Tunhe Co., Ltd. fell to the bottom and almost reached the point where there was no way to fall. This is a good time for the main force to take action, and they did take action.

When Chen Qiaoshan built a position like a fool, it attracted the attention of the opponents who had been attracting money sideways. This led to the sudden rise in the stock price of Tunhe and the daily limit of the last trading day.

Chen Qiaoshan understood that the other party's trading methods were very experienced. If Tunhe Co., Ltd. hadn't had the low stock price and he would have invested a lot of capital, he would have never discovered the other party's existence.

Things are not so easy to settle.

Chen Qiaoshan probably knew who the other party was, and he had nothing to do with the two companies that were eyeing Tunhe Co., Ltd.

He is very self-aware that he is a young man in the stock market, and he is not a scheming person at all. The other party is an old man in the market, with sufficient capital and smooth channels. It is not too easy to wash Chen Qiaoshan out.

However, Chen Qiaoshan was not very worried. He saw it thoroughly. No matter how the other party operated, he had to suppress the stock price first.

At 9:15, the stock market opened.

Call bidding is still in the quotation stage, and a huge number of buy orders suddenly appeared in the market, directly blocking the stock price of Tunhe Co., Ltd. at the daily limit.

The bidding saw a daily limit at the beginning, which was undoubtedly eye-catching. After all, last trading day, Tunhe Co., Ltd. had just reached a daily limit.

Chen Qiaoshan stared at the screen of the crt monitor. He thought for a while, his brows became tighter and tighter. As time passed by minute by minute, there was not much change in the market. Everything was unclear and there was no obvious sign.

Chen Qiaoshan stared at the screen, but thought about the selling orders he had posted.

Before the New Year, he hurriedly built a position and earned more than 3,000 lots of money in about two yuan, and the average cost price reached 1,900 yuan. Now that the main force has intervened, there is a possibility of washing the market at any time, he can only take it off quickly because of his current plan.

Chen Qiaoshan is the seller today. He has posted nearly 4,000 hands in five accounts, accounting for one-third of the position. It seems to be quite large, but based on the current stock price, it is nothing at all.

In the order-pending stage, everything is zero. The daily limit of the bidding does not represent anything. The opening price can explain the problem.

Chen Qiaoshan knew that in this situation, it is very likely that the dealer was trying the market.

There are two results. One is that the dealer wants to suppress the stock price and attract retail investors to chase the rise during the quotation stage. Fortunately, the next bidding stage or intraday shipments are shipped at a high price.

There is another possibility that the dealer is testing market pressure. If the situation allows, they will push up the daily limit during the session.

Chen Qiaoshan didn't have a fever. Tunhe shares are likely to open high and close low today. It is certain that the decline will fall, but maybe it will fall sharply.

As expected, in the last few seconds before 9:20, the purchase orders suddenly decreased a lot, which caught many people off guard.

According to the regulations of the Shanghai and Shenzhen stock markets, from 9:15 to 9:20, you can place orders or withdraw orders, and from 9:20 to 9:25, you can only place orders.

At this stage, Chen Qiaoshan simply stopped paying attention. At this time, the dealer generally did not suppress the stock price too much, otherwise it would be difficult to ship during the trading session, which would make him cheaper.

In just ten minutes, Chen Qiaoshan felt that it was very long. After 9:25, the transaction price on the market was blank, and Zhongdeng's computer was conducting a matchmaking transaction, which was particularly difficult to defeat.

At 9:30, the market was normal. Tunhe shares opened at 2 yuan and two cents, and the stock price rose by 3%.

All Chen Qiaoshan's orders were traded at the opening price. He calculated that on this morning alone, he made a profit of more than 100,000 yuan, and the average cost price was diluted to 80,000 yuan per piece, which undoubtedly greatly reduced his risk of liquidation.

Of course, he didn't want to play with his heartbeat. The main force had strong capital. Who knew what stage they would suppress the stock price? He put out another 4,000 orders. Now is not the time to be greedy for profits. Reducing risks is the most important thing to do. Even if he hits the limit, he will not hesitate as long as he can clear his position.

Having said that, if Chen Qiaoshan really cleared his position at the limit price, he would be willing to do so. Even so, if he deducted the commission fee, he would earn more than 100,000 more.

Chen Qiaoshan understood that in the eyes of the main force, he was just hot money, that is, the so-called scattered soldiers and rascals. Such capital is the most annoying. Before he is sure to leave, the main force will definitely continue to suppress the stock price, and he is happy to accept it. After all, the cost line is there, and no one will be unable to get along with the money.

Of course, the stock price of Tunhe cannot fall without limit, and there is always a psychological bottom line for the bulls.

Others don’t know it, but Chen Qiaoshan knows it very well. One 50,000 cents is the historical low of Tunhe shares that year.
Chapter completed!
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