GBP Chapter 836: Vulnerable to a single blow
Chapter 836: Vulnerable to a single blow
"Hurry, cancel the order!" Huo Yongnian's voice became hoarse due to anxiety.
It’s 3 billion yuan of funds, but the reality is cruel. You can’t withdraw it just because you want to.
Zhou Qi's massive sell-off directly triggered a chain reaction. This is like capital withdrawing from the market. When big funds flee, can the stock price still remain high?
Anyone with a little common sense knows that this is impossible.
Since you are not selling at the highest stock price, what are you waiting for?
Retail investors flocked out. What they worried most was that the top orders would be cancelled. So they sold their stocks desperately, as if they were crazy, devouring the funds on every order.
"Mr. Huo, we...we have withdrawn." There was a hint of luck in the subordinate's voice.
"How much is left?" Huo Yongnian's face was terribly gloomy.
"Less than 360 million." The subordinate answered cautiously.
Hearing this number, Huo Yongnian almost fainted. 3 billion in funds, and only 360 million was left in the end?
But the bad news doesn't end there.
"Mr. Huo, there were multiple large orders for the stocks of the other three companies, causing the prices to be raised twice. The trading was unusually active." The subordinate continued to report.
Price increase?
Huo Yongnian was stunned. He couldn't believe his ears and wondered if he had heard it wrong.
He hurriedly looked at the stock sectors of the other three companies. Sure enough, there were several large orders in each sector, forming a fierce competition. How many people were rushing to buy his company's shares?
Who is behind this?
Just as he was puzzled, an incredible scene happened: the order originally at the highest price was withdrawn, and instead several small orders were added at a lower price.
The same scene appeared on three stock boards almost at the same time.
It was precisely because of this series of changes that a large number of small sell orders suddenly appeared on the trading screen, and the information of rapid transactions constantly refreshed the screen.
The scene that happened before at Tradeway happened again, but this time it was different.
In the past, they were in a hurry to withdraw orders and settle, but now they are adding purchase orders and frantically completing transactions. It is almost impossible to stop all this.
Zhao Lei stared at the dynamics of the stocks of the three companies and suddenly realized: "Mr. Huo, we have all been deceived! The other party's target is not Maowei, but the three companies of Baicui.
He used Maowei as bait to direct this drama. Now he has directed and performed a good drama himself. Those individual shareholders are worried about missing the opportunity and are selling their shares one after another. "
"Yes."
His tone revealed helplessness: "Zhou Qi used Tradeway to create a sensation and attract attention, and then locked up our funds in Tradeway and turned to these three companies.
To some extent, we have to thank Huo Yongnian for withdrawing his orders. Because of the performance of Tradeway, the shareholders of these three companies can't wait for the stock price to rise.
While the share price did rise, it was not as rapid as TradeWeek.
Then Huo Yongnian's withdrawal of the order made them feel that they had lost their chance. However, Zhou Qi immediately put up a purchase order, giving these disappointed retail investors new hope. "
But people are always greedy. Compared with the increase in trade and maintenance, the small increase cannot satisfy them.
Zhou Qi seized on this point and continued to push up the stock price, directing a game of harvesting and counter-harvesting himself.
Retail investors are also worried, hoping that what happened to Maowei will happen to them again, and they will wait until the stock price reaches its highest point before making a move.
However, Zhou Qi actually withdrew his order.
This psychological gap makes everyone's mood ups and downs.
Looking at the orders on the trading screen, he no longer hesitated and started the first round of selling.
Several subsequent orders at the same price seemed to indicate that the stock price would not rise further, so more sellers began to take action.
This chain reaction quickly triggered a wave of crazy selling, and Zhou Qi took the opportunity to make large purchases.
To further fuel their sense of urgency, the next two orders were smaller in amount but at lower price points, causing the deal to roll in even faster.
The whole process happened so fast that it was overwhelming.
In the ever-changing world of the stock market, Huo Yongnian truly experienced its ruthlessness and cruelty at this moment.
It’s not that he doesn’t have enough funds to fight back, but even if he has, it’s difficult to keep up with the ever-changing situation.
Just a moment of hesitation in one thought gave the opponent an opportunity to take advantage of and magnify it infinitely.
Huo Yongnian felt as if his heart was being cut by a knife. He raised his hands with difficulty and covered his chest.
At this time, the subordinate reported in a trembling voice: "Mr. Huo... Mr. Huo!"
"Speak!" Huo Yongnian roared impatiently.
The subordinate swallowed his saliva and continued, "A billion-dollar order appeared in the stock sector of Maowei Company, and it happened to be stuck at a position where it would rise by five points after the opening today."
“While there are some small-scale deals going on, the share price of Tradeway is slowly coming down as the deals are happening.”
He repurchased his own company's shares at a premium of more than 40 percent, but now the stock price is falling. Every one percentage point drop means real loss of money.
What is even more infuriating is that there are still people willing to sell their stocks at this time. This practice is even more vicious than a direct attack.
What should we do in this situation? Should we push up the stock price again and fight back?
The shares of the other three companies have been acquired in large quantities, and now only Tradeway, in which he still holds the largest number of shares, is not enough to threaten his position in the company.
How could they fight back? But if they didn’t stop it, they could only watch the stock price drop and their shares being eaten away by others bit by bit.
What’s even more infuriating is that the other party first sold and then bought back, using his money to buy shares in his company.
This method is more cruel than giving up directly.
Thinking of this, Huo Yongnian felt dizzy, his body shook, and he almost fell to the ground.
Fortunately, Zhao Lei was quick to support him: "Mr. Huo, please take care of yourself."
Huo Yongnian gritted his teeth, pushed Zhao Lei away, and shouted angrily:
"You idiot! Since you already knew the other party's intention, why didn't you tell me earlier? Were you bribed? Who asked you to do this?"
In the Li family's luxurious villa, the atmosphere was tense and full of expectation.
Zhou Qi said: "Report the results."
Lin Fang responded respectfully: “Mr. Zhou, we have made 3 million yuan from Tradeway and have acquired % of the shares.
As for the other three companies, we invested a total of 32 billion: Bai Cui accounted for 30%, Bai Hui 31%, and Bai Lao Hui %. "
After hearing this, everyone could only express their sincere admiration for Zhou Qi's abilities.
After all, this is the result of a direct confrontation with the Huo family.
However, it turned out that the Huo family seemed vulnerable in front of Zhou Qi.
Although they were at a disadvantage in terms of trade maintenance at the beginning, Zhou Qi's strategy turned the situation around in one fell swoop, making a net profit of nearly 360 million.