Chapter 177: It's impossible to miss out
Before the stock market opened on Tuesday morning, Yexin called Chen Yang and asked him to push up the price of Little Goose Shares to cooperate with Xingcheng Heavy Industry's shipment.
Chen Yang refused.
The internal fund structure of Xingcheng Heavy Industry was complicated; Zhuo Wenyuan, anxious to ship now, would cause the recently stabilized situation to collapse instantly.
Moreover, the fund volume of Little Goose Shares was far smaller than that of Xingcheng Heavy Industry; it was nearly impossible to substantially affect Xingcheng Heavy Industry's stock price.
Yexin thought yesterday's rebound in Xingcheng Heavy Industry's stock price was driven by Little Goose Shares hitting the limit up, but Chen Yang guessed it was more likely that the fund pullback of Xingcheng Heavy Industry's stock had reached a critical turning point; Yexin's opponents were either calculating the cost of continuing the fight or planning to change their harvesting strategy.
At this moment, if Zhuo Wenyuan couldn't hold back and continued a large withdrawal, he would surely be caught by opponents exploiting his weakness for another round of harvesting; the price of Little Goose Shares would also be affected.
Given Chen Yang's understanding of Zhuo Wenyuan, he would surely try every means to ship out; therefore, not only must he not push up Little Goose Shares' price, he must first reduce part of his position.
Another reason is that the three accounts Yexin gave him carry a twenty percent profit target; if the task isn't completed, Chen Yang's commoner agricultural products trading company would have to spend much more on advertising fees—how could he possibly use his own company's profits to make a wedding dress for someone else?
Therefore, during the call auction, Chen Yang did not operate Little Goose Shares' stock but kept watching the fund situation of Xingcheng Heavy Industry.
Zhuo Wenyuan remained relatively calm, not placing a large sell order to smash the market.
But since Chen Yang knew Zhuo Wenyuan would run today, he stayed alert—first placing a ten-thousand-hand buy order to lift bullish sentiment, then withdrawing it before 9:20, after which he quietly placed small sell orders to match with retail traders.
To complete the trade quickly, Chen Yang also called Liu Qingqing for help; he, Liu Qingqing, and Su Mingyue each operated one account, selling two million shares of Little Goose Shares at an average price of 14.5 before the market opened.
To Chen Yang's surprise, Little Goose Shares' stock did not fall but opened higher by five points, reaching 14.67.
At this point, Chen Yang stopped directing Liu Qingqing and Su Mingyue to continue shipping; instead, he patiently waited for the reaction of other capital to Little Goose Shares' stock, to see if they wanted to push it up—if they kept pushing to the limit up, he would sell at the limit-up price; if it held steady, he would wait ten minutes before selling; if they suppressed the price, he would wait until Zhuo Wenyuan fled to replenish.
And luck was again on Chen Yang's side—after just five minutes, some capital could not hold back and began pushing the price up; their moves quickly stirred other investors' sentiment, and the stock quickly hit the limit up.
At that moment, Chen Yang hesitated not, directing Liu Qingqing and Su Mingyue to quickly place orders, selling the remaining two million shares of Little Goose Shares at an average price of 15.
After deducting fees, the two sales brought in 58,935,100; adding the remaining funds in the accounts, the total balance rose to 107,930,000.
That means Yexin's assigned task is already one-third complete.
And after Chen Yang sold his shares, Little Goose Shares' price returned to 14.67; the bullish capital was clearly confused by his operation and dared not take further action.
Only then did Chen Yang start calling Yexin.
"Sister Xin, have you started shipping?"
"We've already sold one million shares; since you're not cooperating, we dare not act too aggressively."
"How am I not cooperating? Little Goose Shares' stock has hit the limit up."
"Hmph, I've been watching; that big sell order that just appeared must be your doing, kid."
"Hehe, I helped you make money—why aren't you happy?"
"I never said I wasn't happy! I'm busy right now; let's talk later."
Chen Yang heard the dense, rapid keyboard tapping through the phone and could guess how anxious Yexin and the others felt at that moment.
Chen Yang did not continue to urge them to stay calm; a demoralized team is hard to rally, and even if Zhuo Wenyuan wanted to prove he still had profitability, he could not stop Yexin and the others' determination to quickly recover funds.
Meanwhile, Xingcheng Heavy Industry's stock price fell along with Yexin's rapid shipping, finally hitting the limit down, dropping from 21.37 to 19.23.
Affected by Xingcheng Heavy Industry, Little Goose Shares also saw a large number of sell orders, its price falling as well—from 14.67 down to yesterday's closing price of 13.97, then further to 13.27.
Su Mingyue asked Chen Yang, "Should we buy some more Little Goose Shares?"
Chen Yang shook his head; before Yexin finished shipping, he had no intention of re-entering the market, and if he did, it would only be during the pre‑close call auction in the afternoon.
However, Su Mingyue couldn't hold back and used Liu Shijie's account to buy one million shares of Little Goose Shares at a cost of 13.27; her action also succeeded in stemming Little Goose Shares' downward momentum.
Chen Yang also said nothing; after all, Su Mingyue's operation, while not maximizing profit, was still correct—he estimated that once Xingcheng Heavy Industry finished washing out, Little Goose Shares would also rebound.
The stock market is essentially a contest between people; since the game on Xingcheng Heavy Industry's side hasn't ended, Chen Yang's task is simply to keep waiting.
However, to Chen Yang's surprise, although Xingcheng Heavy Industry's washing out was not yet over, some capital began pushing up Little Goose Shares' price, and before the morning close the stock hit the limit up again.
"Haha, how does it feel to miss out?" Su Mingyue gleefully made a face at Chen Yang; this was the first time in her stock‑trading experience that she had made a choice more correct than his—what a thrill!
"Making some profit is enough; one should be content." Chen Yang shrugged. He guessed that the capital that had previously taken over his shares was unwilling to accept the status quo and had increased its investment—this attitude was correct. Having put in heavy funds, one must lock the order book and steady morale; compared to Zhuo Wenyuan, the operator of this capital was clearly more capable.
Liu Qingqing ordered three takeout dishes: braised pork ribs, kung pao chicken, and fish‑flavored shredded pork.
Chen Yang quickly finished his meal and returned to the computer; since Little Goose Shares' stock was locked, his focus shifted to Xingcheng Heavy Industry's stock.
The price of 19.23 is a bit high, but the fund volume there is large; once Zhuo Wenyuan and his crew pull out, the remaining capital will surely have new ideas—this is an opportunity to enter.
So, after the afternoon market opened, Chen Yang without hesitation used his and Yexin's three accounts to take in four million shares of Xingcheng Heavy Industry at the limit‑down price.
This move immediately lifted bullish sentiment, and Xingcheng Heavy Industry's stock ultimately hit the limit up.
"Miss out?" That's impossible!
End of Chapter
