Chapter 254: Impossible to Defend Against

Yexin went to gather information, while Chen Yang, bored and idle, just took a look at the stock market.

China Software experienced some fluctuations in the morning auction phase, opening lower by two points. But soon the newly entered capital pushed the stock price to the limit-up. It is now 5.24. Not far from this stock's issuance price in the first half of the year.

Chen Yang checked the operation records of several company accounts and found that, in his absence, everyone had a tacit understanding to stay put.

This is actually not good news. When you have chips in hand, even if you want to keep pushing the stock price up, you still need to do T when it's time to do T.

If the operation is good, one can earn several million in a day.

Yexin, Huang Bai Ming constantly clamors to earn more money. Given them the opportunity, yet they don't cherish it.

If every time we let Chen Yang do the operation, he might as well just play with his own private account.

Chen Yang immediately called Huang Bai Ming.

"Manager Huang, from now on when we have enough chips in hand, if we can do T we do T. Earn a bit more money, your dividend will also be a bit more!"

"Manager Chen, it's not that we don't want to do T, we just can't grasp the timing. If we make a mistake and sell the stock too early, how will we explain to you?" Huang Bai Ming felt a bit embarrassed. Since following Chen Yang in stock trading, he found operating very easy and thus grew lazy to think further. He never expected that when he had to operate independently today, he would suddenly not know how to start.

Chen Yang encouraged him, saying: "Go ahead and operate boldly, don't fear selling the stock too early. The market has over a thousand listed companies. If this stock is sold too early, you can just find another new stock."

Huang Bai Ming heard that Chen Yang didn't intend to pursue responsibility, and he breathed a sigh of relief. "Manager Chen, if you're not afraid of being screwed, I'll start operating in a moment!"

"Don't!" Chen Yang hurriedly advised him: "Today there has already been a fluctuation. If you crash the market again, disturbing the retail investors inside, it will be very hard to push the price back up to the limit."

"Then I'll operate tomorrow!" Huang Bai Ming decided to follow Chen Yang's advice. In this team, when it comes to stock trading skill, Chen Yang is in a league of his own. So everyone naturally follows his command.

Since Chen Yang had no intention of moving China Software, he could only shift his focus to the Liu Clan Group.

Today the Liu Clan Group opened high by five points, the stock price rose from 21.65 to 22.73. The morning trading volume was also decent, already exceeding 200 million.

However, although trading was active, no big capital was willing to continue pushing the stock price up.

It seems that the recent volatility of this stock has frightened other capital into being skittish. They dare not invest heavily anymore.

Chen Yang's purchase price for Liu Clan Group stock was 19.86, and now the stock price has risen to 22.73, giving a net profit of 2.87.

At this point, he felt no pressure to sell.

Thus, Chen Yang began to liquidate the three accounts entrusted to Qi Yunxiang. In order to distribute the proceeds evenly, he had to ensure each account sold the same amount of stock.

When the first 3 million shares were sold, the stock price dropped from 22.73 to 22.3.

When the second 3 million shares were sold, the stock price dropped from 22.3 to 21.75.

At this point, Chen Yang's promised T-task for Qi Yunxiang was completed. The average price for selling the six million shares was 22.3. Calculating from the cost of 19.86, each account profited 4,799,500.

And after Chen Yang finished his operation, the Liu Clan Group's stock forum exploded.

"Holy cow, I waited all morning thinking the capital wouldn't crash the market today. I didn't expect that right after lunch they'd launch a surprise attack."

"The guy upstairs is just never satisfied—he already broke even, yet wants to earn more. Now it's fine, he's probably been knocked back to square one."

"Hehe, I sold when the stock price dropped to 22, and still made a few tens of yuan."

"You upstairs, you really ran fast. I took over at 22.75, and now I feel like dying."

"Don't rush, you upstairs; maybe the capital will come back later to pick up the bottom."

"Pick up the bottom? You're overthinking! Given this stock's usual temperament, after a limit-up there will definitely be a big drop. If it doesn't hit limit-down today, we should be grateful."

"You upstairs, the lurking turtle, always spouting bearish talk—are you just unhappy in real life? You keep coming to affect us."

"Exactly, look at his replies—full of negativity. Such a person probably can't even get a wife in real life."

"What you say upstairs isn't entirely right either. Maybe he can't stand being bossed around by his wife in real life, so he deliberately comes online to vent his anger at society."

"Everyone, don't bother with this fly; let's analyze how to solve the immediate problem. Should we urgently exit to avoid risk, or wait for a new big player to push the stock price up?"

"I think we should just run first! Although the lurking turtle's words are unpleasant, they're also true. The Liu Clan Group's stock has indeed been prone to big drops after big rises recently."

"Alright, then I'll listen to you upstairs and withdraw first."

"You upstairs, wait for me!"

"Holy cow, you all ran off—what are we newcomers, the leeks, supposed to do?"

"Haha, you upstairs brothers, good luck to you!"

The addition of forum participants once again drove down the Liu Clan Group's stock price. By ten minutes before market close, it had fallen from the initial 22.73 to 21.

Seeing the bearish market sentiment running high, Chen Yang immediately activated a frenzied buying mode, purchasing another six million shares of Liu Clan Group stock at an average price of 21.5.

After the trade was completed, the cost price rose from 19.86 to 20.68.

And the Liu Clan Group's stock finally closed at 22.

"Manager Chen, why don't you just dump all the shares? Wouldn't that make the repurchase price even lower?" After the market review, Qi Yunxiang didn't quite understand Chen Yang's operation, so he called again to ask.

Chen Yang explained to him: "I've looked at today's trading situation and the discussion among forum investors, and I've realized they've figured out my T-strategy. If I continue operating as before, as soon as the stock price reaches a low point, a bunch of people will come out to grab chips. By then, even if I can retrieve enough chips, I'll have to pay a high cost—possibly even higher than the current cost price."

"Now I get it!" Qi Yunxiang suddenly realized. No wonder they say the stock market is ever-changing and unpredictable—Chen Yang's tactics come one after another, truly leaving investors defenseless.

Qi Yunxiang also couldn't help but browse the forum, and indeed it was full of curses. Everyone was condemning the capital of Xingcheng Securities for being shameless, using despicable means to trick them out.