Chapter 299: Lan Qiyun was mocked by retail investors
After Pioneer Technology hit the limit down, its stock price was 13.37 yuan; Chen Yang bought 150,000 lots, deducting a commission of 10,000.2 yuan, for a total expenditure of 205,666,866 yuan.
After buying the stocks, Chen Yang had no mood to go to the conference room to meet with Song Yajun and the company's senior executives. Instead, he quietly monitored the stock market's changes.
After Chen Yang made his move, Yexin's side quickly took action, directly swallowing the remaining 150,000-lot limit buy orders.
But, just as Chen Yang had predicted earlier, as soon as Yexin lifted the limit down, the opponent again placed a 300,000-lot limit buy order.
As soon as that order appeared, Yexin's phone rang immediately.
"Chen Yang, you really hit the mark with your jinx. What should we do now?"
Chen Yang was quite speechless. They wouldn't listen to advice, and whenever problems arose they came to him again.
"Sister Xin, I still stick to my original suggestion: don't move for now, wait until they smash the price again tomorrow, then act."
"But we've already poured so much funds in. Being stuck like this isn't appropriate, is it? Part of these funds even belongs to clients!"
"No matter whose funds they are, after taking a hit you have to accept defeat. Nobody can be an ever-victorious general."
"Besides, if you're planning to hold for the long term, what difference does waiting two days make?"
"How about we team up with Qi Yunxiang for another push?"
"Big sister, since we've already made a mistake, why drag our allies down with us? We're not strangers to losing."
"We have lost before, but you haven't—are you really willing to let your unbeaten record fade away?"
"Who told you I haven't lost?"
"Do you have any losses? I don't recall any."
"It doesn't matter if you don't remember; anyway I don't care about records. Winning and losing are common in warfare—if you can't accept losing, you might as well quit stock trading."
"You little brat… forget it. Then let's leave it at that for today."
Yexin saw that Chen Yang had no intention of making another push, and quickly hung up the phone.
Chen Yang sighed. He felt Yexin had changed a lot. Previously, when letting Zhuo Wenyuan lead the stock trading, she basically just followed orders to trade. Now her thoughts have multiplied, always thinking money can solve everything.
Little did they know, among the strong there are stronger hands, and one mountain is still higher than another. In the face of true big capital, their few billion yuan in hand is utterly insignificant.
Today's lesson, if it can make her recognize herself, would also be worthwhile.
However, just as Yexin's side had stopped trading, the forum was flooded with mocking voices from retail investors.
"Haha, the hot money from Xingcheng Securities really pulled a sneak attack. Too bad today's idea was too upright; they couldn't handle it."
"I thought they were omnipotent! Turns out they only have these two tricks."
"Exactly, we already knew they liked to play conspiracies and tricks to cheat our chips; when they meet a truly strong opponent, their true colors show immediately. Turns out they're just a paper tiger."
"Haha, although I was feeling terrible being stuck today, seeing Xingcheng Securities' hot money also get crushed instantly lifted my spirits. You guys say, isn't that strange?"
"Xingcheng Securities has a notorious reputation. Their being stuck is heaven's retribution. The heavenly way is clear!"
"Are you guys sick? The hot money from Xingcheng Securities making a move to lift the board isn't it to help you get unstuck? You shouldn't even need to encourage them, yet you're taking pleasure in their misfortune."
"Lantian Baiyun, are you a shill hired by Xingcheng Securities' hot money? How can you still speak for the hot money that's sucking our blood?"
"This girl often advises us to sell stocks; she's definitely a shill for the hot money."
"So that's it! You damn shill, unable to beat big capital, yet you come here seeking comfort? Go chill somewhere else!"
"Exactly, this black-hearted capital that devours people without spitting out bones actually dares to pose as pitiful to win our sympathy. Truly laughable!"
"Haha, I estimate their principal is all stuck this time. From now on they should also lie flat like us. Just thinking about it feels satisfying!"
"What the upstairs said is right—lying flat together with capital feels great. Tomorrow everyone must definitely run ahead, letting them continue to be stuck in here."
……
Chen Yang can imagine how distressed Lan Qiyun must feel now. All good intentions, yet met with cold mockery and sarcasm.
Of course, Chen Yang also had no intention of comforting the other party.
Lan Qiyun and Yexin—one overflowing with love, justice feeling exploding; the other blindly confident, not turning back until hitting the south wall. If they don't learn a lesson this time, they'll make even graver mistakes later.
"President Chen, are you still planning to lift the board?" Qi Yunxiang still has a sense of righteousness, worried that Yexin and them lack funds, also preparing to come in and contribute some strength.
However, Chen Yang does not want him to get involved now.
On one hand, he can't grasp the opponent's position. Blindly bottom-fishing will only sink him deeper.
On the other hand, if everyone's funds get stuck, the difficulty of later selling off will increase infinitely. Chen Yang hopes Qi Yunxiang's funds can serve as a reserve trump card, helping to push up the price when the stock is low.
"President Qi, let's leave it at that for today! If tomorrow the opponent continues to suppress the stock price, you make a move then."
"Good! I will fully cooperate."
After Qi Yunxiang hung up the phone, Chen Yang also lost interest in monitoring the stocks. He went to the conference room, briefly listened to Song Yajun and them discussing their opinions, then went straight home.
That night, many people tossed and turned, unable to sleep. Even Chen Yang couldn't figure out why a stock with good performance and excellent fundamentals would be smashed repeatedly by big capital.
At the Wednesday opening call auction, Chen Yang hesitated not at all, directly putting all his 150,000 lots of Pioneer Technology stock up for sale at the price of 13.37 yuan.
If someone takes it, he would only lose a little in fees and stamp tax. If no one takes it, at least it could dispel the opponent's notion of cashing out at a high price.
What surprised Chen Yang was that the opponent actually had no movement this time. Chen Yang's 150,000-lot sell order only traded 30,000 lots. Pioneer Technology ultimately only opened lower by one point.
Even so, Chen Yang had no intention of lowering the price to sell his stocks. After the market opened, he also withdrew the remaining bulk sell orders.
And after Chen Yang withdrew his sell orders, the opponent then began to place orders.
At that moment, Chen Yang immediately called Yexin.
"Sister Xin, don't take orders now; wait until they drive the price down before we talk."
"Rest assured, I won't act again unless it drops five points."
Chen Yang heard that Yexin and Lan Qiyun had not blindly bought stocks, and he breathed a slight sigh of relief.
Actually, in his view, Pioneer Technology's stock price directly limit-down to 12.03 yuan would be the best bottom-fishing opportunity.
Too bad the opponent didn't cooperate; after placing a sell order at 13.37 yuan, there was no further movement.
Chen Yang had no choice, so he simply placed small-batch sell orders below this price to slow the opponent's offloading speed.
End of Chapter
