I am farming in the real world
#175 - 0173 The village chief asks (please subscribe)
Chapter 174 0173 Village Chief Asks (Subscription Requested)
The small retail investors in the Rizhao Port stock bar were stunned.
On weekdays, the trading volume of this junk stock was only around 50 million yuan per day, and the turnover rate was even lower, only a few tenths of a percent.
It ranked more than 4,000th among the city's 5,000+ listed companies. At a glance, it was obvious that it lacked popularity and attention, comparable to those unpopular stocks that were about to be delisted as ST stocks.
Who would have thought that not long after the opening, it would be ambushed by large funds with more than 1 million lots on the limit-down board.
The transaction amount soared to more than 300 million yuan, and the turnover rate jumped to more than 3%.
This gave the small retail investors who were trapped at high levels hope of getting out of the trap.
"Brother Wan Shou, save my life!"
"Ignite and take off!"
"Which institution is rushing in?"
"Big funds are saving the day!"
Various excitements were on the stock review barrage.
Because the influx of nearly 300 million yuan in large funds caused the K-line, which was pressed on the limit-down board, to start to rise.
It rose all the way from the limit-down of -9.99%, and soon turned from green to red, and began to rise.
Even securities APPs such as Tonghuashun and Eastmoney pushed the stock price fluctuations of Rizhao Port in the first time.
In this era of high-tech quantitative high-frequency trading, abnormal fluctuations in individual stock prices cannot escape the attention of those top capitals.
Chen Jue's entry with more than 1 million lots of super-large purchases made the market's speculators, institutions, and short-term players who like to play limit-up boards smell the breath of good news.
Speculators began to enter the market to bottom-hunt, pushing the stock price of Rizhao Port to the limit-up of +10.01% at 2.79 yuan/share in just a few minutes.
The pattern conversion was completed in only 5 minutes from the underwater one-word board to the red one-word board.
Such a strong trend made the retail investors who were washed out of the car during the opening of the market slap their thighs and regret: "Damn! I sold it too early! (Vomiting blood)"
"I can't chase it anymore, there are no chips on the market (covering face)"
"It's a long time to see, this junk stock actually came out of the ground sky board! (I am a leek)"
Seeing that the amount of sealed orders entering the market increased from tens of thousands of lots to hundreds of thousands of lots, everyone realized that the individual stock of Rizhao Port might be on the rise.
Even the city's popularity ranking has been topped from 4000+ to the top 10, and more retail investors have been attracted in.
After all, chasing the rise and killing the fall is an eternal and unchanging operating habit in the capital market like Big A. The more popular and popular individual stocks are, the more people will buy them.
However, what many retail investors and institutions who chased in did not expect was that it took them less than half an hour to form a joint force to seal the order, and they only received a few or dozens of small chips.
A big green negative line popped out of the ground like a spring onion.
Originally, hundreds of thousands of lots were piled up, just like stacking killing books, and the massive buy orders were cut off by the sudden increase in volume.
The stock price was also suppressed from 2.79 yuan/share to the opening price of 2.60 yuan by the intensive selling orders.
This made Chen Jue, who was watching the market, a little surprised: "Is this the dealer inside making a move?"
The big-nosed Lao Shang, who was sitting next to him assisting, nodded and analyzed: "Boss, state-owned port stocks like this are generally not allowed to be speculated! No matter how many buy orders there are, the dealer can easily suppress them."
According to Lao Shang, the listed port is the economic throat of China's import and export, and it is usually strictly monitored by the village chief.
Including the four major banks and PetroChina, these large blue-chip stocks are the ballast stones of China's economy. The chips in the hands of the dealer are highly concentrated, and they are not afraid of being speculated at all.
Because once this kind of subject matter is speculated, the stocks in the hands of the dealer will be released to suppress the stock price like the unlimited QE of the US dollar.
If it doesn't work, the shares will be suspended and reissued to dilute the shares, so that the speculators will be completely trapped inside.
It is precisely because of such an unwritten rule that ordinary hot money and institutions will not, and dare not, touch such big tickets.
They can cut retail investors with a sickle in their hands, but dare to cut these tickets, isn't that courting death?
At most, they will cooperate with the village chief to buy a little, and occasionally support the market, so that the retail investors inside will not be completely disheartened.
But Chen Jue doesn't have so many concerns!
His purchase of Rizhao Port's shares was originally for long-term value investment, and he operated the entire process with a mobile phone and a single account. There was no violation of manipulating the stock market.
However, watching the dealer release such a large volume, the short-term players who just came in were dumbfounded.
"My God! The dealer is angry (covering face)"
"There are hundreds of thousands of more sell orders at once, who can eat this?"
"You can't touch the tiger's little butt (run away quickly)"
"Dark clouds are over the top! The big positive line just now must be luring more (the wind is tight, pull the call)"
The stock review area was in an uproar, and those institutions and hot money that were trapped inside also began to come to their senses at this time.
Realizing that this plate is not something they can touch, the situation is not right, they all began to withdraw large orders off the field, for fear that they would also be buried by this big negative line.
As a result, the original downward stock price was brought from the limit-up to the limit-down.
In less than 1 hour after the opening, it came out of the heaven-defying 'ground-sky-ground' inverted V-shaped curve, which made many stockholders call that they could not understand this stock.
Even major financial self-media and news pushes such as Tonghuashun issued early warnings: "Rizhao Port shares fluctuated abnormally, and there was a sharp rise and fall trend in early trading. Please pay attention to the risk of fluctuations for relevant stockholders!"
Looking at the green numbers on the sell orders gradually rising to more than 2 million lots, all the capital that was watching off the field understood that this was the dealer inside intentionally suppressing the stock price and strictly preventing speculation.
In the offices of some securities trading companies in various places, they even joked in a cheerful tone: "The brother who ambushed just now is miserable. He angered the dealer. He will definitely not be able to get out without suffocating a few limit-down boards."
"Tsk tsk! 250 million yuan of funds are trapped. I don't know which big hot money is crazy enough to touch this kind of fairy ticket."
"It is destined to be cut meat, or learn Wang Ba to stay inside and incubate eggs, and the pattern will be able to come out in a few months."
The traders are not optimistic about the future market of Rizhao Port.
After all, more than 70% of the circulating shares are concentrated in the hands of the dealer, and the holding volume of retail investors is too small. Even if they want to buy and sell, the price will be frantically suppressed.
Like this kind of port stock, there are even those that are speculated to be below 1 yuan.
At present, the stock price of Rizhao Port is only 2.5 yuan. Even if it falls by more than 50%, the dealer is not afraid.
Because the dealer does not rely on the stock market to make money at all, but relies on the port revenue of Rizhao Port itself to maintain profitability.
However, just when stockholders thought that Rizhao Port was destined to be pressed on the limit-down board today.
The 2 million lots of limit-down sealed orders suddenly disappeared by 500,000 lots.
Thinking that it was the big dealer inside temporarily withdrawing the order, who would have thought that a big red positive line would pop up on the market again.
This time, even the behind-the-scenes controlling dealer of Rizhao Port was stunned!
"Another sneak attack to eat 50 million shares?"
"Who is this person! How dare you be so bold?"
"Press him to death! Do you really think that our plate can be easily used for speculation?"
The dealer's traders frantically tapped the keyboard to throw chips out, and soon the amount of sealed orders was re-stacked from 1.5 million lots to 3 million lots.
Such a show of muscle operation is also releasing a signal to the secondary market.
That is: "No matter how much you buy, I have the goods! Whether the stock price falls or not, it's up to me."
As a result, retail investors dare not enter even more.
There are only a few or dozens of red small buy orders on the time-sharing interval to bottom-hunt and gamble.
As for Chen Jue, Lao Shang called to stop him after eating 150 million shares.
Because if you use the Hongxing Trading account to buy again, you will immediately trigger the 5% holding line of Rizhao Port's shareholding mechanism.
The so-called shareholding mechanism is a stock market insurance. If it exceeds 5%, the buyer's account information must be announced and disclosed to the A-share market to prevent the stock price from being manipulated and protect the interests of small and medium investors.
Moreover, in the next six months, the buyer's account cannot conduct buying and selling transactions on this individual stock again.
In this way, it deviates from the original target of 50% control.
In addition, Hongxing Trading's rash shareholding will also affect the emotions of retail investors and dealers.
The market and stockholders will know at a glance that there is a problem inside when someone is frantically eating Rizhao Port's stock, and they will all cover their chips and not release the volume to the outside.
They can make a lot of money by selling when the price is speculated to the sky.
So, with the assistance of Lao Shang, Chen Jue stopped the mindless operation of smashing money out like happy beans.
It is indeed enjoyable to sneak attack like Brother Wan Shou today, but playing too much can easily backfire.
Instead, in the following half month, he switched to personal private equity accounts opened in Hong Kong, such as 'Chen Shang' and 'Tie Yi', to split orders to buy.
The amount bought each time is not much. They are all like retail investors, a few hundred or a few thousand lots. Relying on the northbound capital inflow of accumulating less into more, the holding position of each account is controlled below the 5% shareholding line.
However, as time went by, the big dealer in Rizhao Port also smelled something was wrong.
Because no matter how they throw chips to suppress the stock price, the price of Rizhao Port is steadily rising every day.
It rises steadily by 1 or 2 points every day, and the trading volume has stabilized from the initial tens of millions to the 200-300 million range, and the turnover rate is increasing day by day.
This makes the leeks trapped inside call it enjoyable: "Steady happiness! More stable than buying a fund!"
"The hope of getting out of the trap is coming. A few more points will reach a new high for the year (tears)"
"This junk stock actually has the hope of turning red. It's not in vain that I've been squatting inside for more than ten years (long time to see)"
"The entire Big A cancer is falling sharply, but it is red every day (buy buy buy)"
As the market's popularity soared, the market maker, seeing that something was amiss, decided to operate in reverse, holding onto their chips and letting the stock price rise on its own.
In any case, no matter how they manipulated it, the market maker would make money. A higher stock price would also help boost market capitalization.
Unexpectedly, before the operator of Rizhao Port could make their next move, the 'Village Chief' issued an announcement, directly igniting the sentiment of the entire A-share market.
"It has been detected that the stock price of Rizhao Port has recently fluctuated abnormally, and the number of shareholders holding shares has changed significantly compared to before. The Village Chief has decided to suspend trading of this stock for 10 working days."
At the same time, the Village Chief's inquiry call also went through an international dedicated line to the big-nosed profiteer: "Is this Director Shang of Red Star Trading? May I ask what the purpose of your company's investment of a large amount of funds to buy shares in Rizhao Port is?"
Today's first update~ Riding the wave of the bull market. But I advise everyone not to speculate in stocks. Ordinary people like us don't have a good ending when gambling.
You'll Also Like
-
Hogwarts: Wizards of Eternity
Chapter 168 4 hours ago -
Mystery: I Married the Queen of Mystery
Chapter 361 4 hours ago -
I am terminally ill, but I am healing the world with my songs
Chapter 212 4 hours ago -
The Witcher: Elemental Lords
Chapter 1288 4 hours ago -
I am farming in the real world
Chapter 271 4 hours ago -
Saint Emperor Devourer of Heaven
Chapter 2955 15 hours ago -
Cultivating Immortality, Starting from Childhood Sweethearts
Chapter 535 15 hours ago -
Colonial Suit
Chapter 1210 19 hours ago -
Restart Your Life And Start Getting Rich By Copying Game Coins
Chapter 177 19 hours ago -
What’s the point of cultivating immortality if you don’t have money?
Chapter 223 19 hours ago