In the stock market, there is a difference between long and short.If you have more money, you can buy it. After buying it, you can hold it forever without a time limit.

But shorting is different.

There are two types of short selling. One is that you originally owned the stock and sold it directly. It is considered a short sale, which does not affect anything.The other is short selling through securities lending. If you don’t own the stock, but you are short, you can lend a corresponding amount of stock and sell it. When the stock falls to a certain level, you can buy it back to close the position.

The key here is to buy and close positions.

The number of circulating stocks in the market is limited, and it does not mean that you will be able to buy them if you want to.In particular, the number of selling orders has exceeded the existing tradable shares on the market, and they cannot be bought back when the position is closed. However, if you lose a lot of money, you have to let others ask for a high price to close the position.

Originally, the proportion of selling positions in the market reached 110%, and 10% of the people could not buy stocks to close their positions. This created a prisoner's dilemma, or the law of famine.

If there is a 10% shortage of food in the market, how much do you think the price of food will rise?
Will it rise by 10%?or more?
The real situation is that the price of food will rise to the sky, double, triple, five times, or even ten times and a hundred times, until... until 10% of the people can't afford it.

The consequence of food shortage is that 10% of people who cannot afford to buy food give up buying it, and its price will stabilize.

Stocks with a bright future are a bit like a food shortage, but because the stocks do not involve starvation, if you really can't buy to close the position, you have to force the liquidation at a premium of ten times the current stock price.

However, no one knew about the shortage of bright future stocks. This was the news that Fang Moyan used the computing power of the Chaos Supercomputing Center to hack into the backstage of the HK Stock Exchange.

Of course, others don't bother to know, because under the sanctions of Bell Labs, the bright future is dead.No one cares what the stock holding status of a mortal company is.

They also didn't expect that just when the promising stocks were about to become waste paper, there was Fang Moyan, the biggest short position holder, as an ally.

The largest short seller defected at the last second of the call auction, catching all the short sellers by surprise.

........................

"Mr. Rhine! Your intuition is still as sharp as before!" The assistant was stunned.Originally, I thought that Rhine said that selling all the bad news was just a joke. Who would dare to take the sanctions of Bell Labs as selling all the bad news instead of a fatal blow?
But Mr. Rhine has spent 0.8 million to buy long stocks with a bright future. The purchase price is 37.5 yuan. Before the opening of the market, he has already reaped [-]% of the floating profit.

The episode of call auction is not so easy to change the general trend. The bearish sentiment of a bright future has lasted for quite a long time. It is impossible to change such a general trend by doing more than one somersault.

A large number of selling orders immediately hit the stock price to 0.71 yuan, but at this price, it can no longer fall. A buying order of tens of millions of hands stands firmly there, as long as the selling order is less than 0.7 yuan, he will buy it unconditionally. In, like a 38-degree line that never retreats.

Everyone also knows that Yang Jin, the major shareholder of Bright Future, is desperately defending the market.

"These people are crazy!" Fang Moyan saw that the short selling index in the background had skyrocketed to 200%!

In other words, there were 1000 million outstanding shares of this stock, but the number of short-sold shares reached 2000 million!

This is beyond common sense!No one wants to smash the plate to such an extent, right?
Fang Moyan thought of a sentence, DGZY will never die if he kills me!

He believes that those who smashed the market will not be ignorant of the consequences of oversold!
Three days later, it will be time for securities lending and settlement. Those speculators don't know, do they?

That only proves one problem!They didn't want to wait until the delivery time in three days, and they had to knock down the stocks before that!Otherwise, they simply cannot bear the consequences of not being able to buy stocks on the delivery date and defaulting!

Fang Moyan is a little serious, these are already things other than stocks.

…………

At 14:10 p.m., there are less than [-] minutes before the market closes.

"Hehe! This guy Yang Jin should not be underestimated. In a whole trading day, he has already eaten 700 billion stocks, right? The market value of Bright Future is only 700 billion! Most of the money in it is sold through securities lending of."

"We can make a move."

Of course, Cisco's cash flow is still very abundant, and they are bound to win a bright future.

…………

Near the close, Yang Jin smiled when he saw that the stock price was firmly above 0.7 yuan. He had calculated that the selling order far exceeded the normal scale. Yang Jin still holds a lot of cash as ammunition.

"The counterattack will start tomorrow!" Yang Jin said with a smile, "Haotian, just wait and make a fortune with me!"

Qin Haotian smiled and said, "Brother Yang, it's a pleasure to work with you."

As soon as the words fell, the picture style on the board changed suddenly. The originally indestructible lifeline of 0.7 yuan, as many as tens of millions of buying orders, was suddenly sold out in one bite.

A 3000 million sale order was smashed down, and the stock price fell to 0.2 yuan in an instant, Yang Jin was stunned!
what's the situation?
I have placed a buying order with a market value of 700 billion Hong Kong dollars, and I can completely eat up all the circulating shares and still have leftovers!
With 3000 million sell orders, the total outstanding shares of Bright Future are less than 1000 million.

Don't they have any restrictions on short selling?
And the short-selling speculators on the outside are crazy, they are all celebrating, and the stock price has fallen below the lifeline of 0.7 yuan, so they must kill it to 0.1 yuan today, and directly delist the stock!
These shorts will reap huge profits never before seen!
Yang Jin didn’t keep it any more. He only invested one-tenth of the funds in the early stage. Xueba Studio injected 1000 billion US dollars in advance, which is equivalent to 7700 billion HK yuan. This is only 700 billion yuan, and there are 7000 billion HK yuan Woolen cloth. .

buy again, keep buying,

0.2 yuan, 0.32 yuan, 0.48 yuan, 0.7 yuan, regained all the lost ground of the lifeline, and it has not stopped yet,
0.84, 0.91, 1.11, broke through the 1 yuan mark!It also set a new high for the trading day.

1.35, 1.67, 2.02 yuan!
Such a large sum of 7000 billion Hong Kong dollars is obviously beyond anyone's expectations.No one could have imagined that Yang Jin's counterattack came so violently.

Even David, who is personally in charge of supervising the trader, can't imagine that he has prepared a total of 3000 billion funds. It's not that he doesn't have more money, but because he doesn't need it. In fact, he thinks that 1000 billion is enough , 2000 billion is just for pretending.

I didn't expect to be forced to pretend, but I was almost blinded by pecks!
The corners of his mouth curled up, and he smiled a little ferociously.

The stock price directly turned several somersaults, directly approaching the 2 yuan mark. There is no price limit in HK, but stocks that trade abnormally like this usually receive the attention of the Securities and Futures Commission. Stand still.

At this time, the main person in charge of the committee was facing several gleaming knife points.

"Sign this notice, and I will give each of you [-] million assets and a ticket to Northern Europe!"

"If you don't sign, you will die!"

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like