"It's over, it looks like the stock price won't go up to 8 yuan today."
Inside the stock exchange.
The group of people who were just discussing where to have fun that night now looked as wilted as eggplants in the dead of winter.
"Damn it, are these key players seriously ill? Can't we just have some fun playing around?"
One of the investors was cursing and complaining incessantly.
Ouyang Group's stock price has fallen from HK$10.21 to less than HK$8.
This is nothing! Besides, didn't the Ouyang Group already clarify in its midday announcement that it was fake news? Why is this happening again?
He was puzzled.
Another stock investor, who looked older, said seriously, "Based on my years of experience in stock trading, the manipulator of this stock either wants to monopolize the profits, or something bad has really happened to Ouyang Group."
"No way?"
Upon hearing this, the people around him were somewhat incredulous.
"Uncle, what brilliant ideas do you have? Share them with everyone."
"Yes, yes, just tell us about it. The stock price is fluctuating wildly, and we're really worried."
The people nearby, disregarding the unpleasantness of his honest advice, all turned their gazes toward the old man who had spoken.
At this point, whether it's good news or bad news, one can make a certain judgment.
Slow and steady decline —
It is the most terrifying phenomenon in the stock market, bar none.
These kinds of stocks often lack any positive or negative news to help you judge their price trend.
It just kept falling. Just when you thought the stock price had bottomed out and were ready to buy at the bottom, you found yourself standing on a hilltop, feeling the wind.
After a month or two, you think the stock price has already halved, so it should be safe now, right?
But after you buy in, you find that you've made a huge mistake. Not only does the stock price show no signs of rebounding, but it continues to fall until you question your existence.
The most representative example is PetroChina, a company listed on the A-share market.
Its peak was when it went public, and since then it has been on a slow, steady decline.
By 2021, PetroChina's stock price had fallen by 90% compared to its listing price.
The calculation methods for decline and increase are different, at least from the outside.
90% doesn't seem like much, it's less than 100%.
Finance isn't calculated that way.
If you have 100 yuan, and 90 yuan is taken away, leaving you with only 10 yuan, this is called a 90% drop.
on the contrary.
How much would your 10 yuan need to increase back to 100 yuan? It would need to increase tenfold to turn 10 yuan back into 100 yuan.
The difficulty increases exponentially.
......
On the other side.
Wangcai looked at Chen Dong and said, "Boss, the stock price of Ouyang Group has fallen to the predetermined level."
Chen Dong: "How has the market reacted?"
Wangcai shook his head. "There wasn't much of a reaction, just a few small orders bouncing around."
"Dump the market!"
Chen Dong said in a deep voice, "Smash the stock price down to 7.2 yuan, forcing other major players and big investors in this stock to show up."
Wangcai nodded. 7.2 yuan was the lowest price Ouyang Group saw in the morning session. If this price level were broken, it would also break through the psychological price level of many retail investors.
"Boss, should we draw some lines?"
Drawing lines is a term used among traders, referring to using the intraday chart as a canvas and the price movement as lines to draw the highs and lows of the stock price on that day.
"You handle it, I just want the result."
"OK."
Wangcai responded and then gave instructions to the trader.
"Group 4 uses large orders to drive the stock price down to 7.4 yuan. Groups 1, 2, and 3 cancel the sell orders above in sequence, fixing the price at 7.41-7.45 yuan."
"receive."
"clear."
The words had barely left his mouth.
A sell order of one million shares instantly swallowed up the buy orders of hundreds of thousands of shares below, leaving a long downward-sloping bearish candlestick on the intraday chart.
at the same time.
The trading room for large investors.
A middle-aged man frowned as he looked at the screen in front of him, then turned to the man next to him and said, "Where did this outsider come from? He's so powerful."
Another man pondered, "If I'm not mistaken, this fund is the main force behind the short selling, but it's a bit of a loss for them to dump the shares like this."
The man who had spoken earlier nodded in deep agreement.
That's right.
The Ouyang Group was embroiled in negative news, causing its stock price to plummet by 30%. In the eyes of the group, the matter should end there.
Moreover, the matter is not yet settled, and Ouyang Group also issued a clarification announcement at noon.
According to their previous thinking, the major funds would take advantage of the time difference in news to collect enough chips.
Next, it should be a price surge.
Even if the share price is pulled back to yesterday's closing price of HK$10.21, there will still be a profit of more than 20%.
But they only saw the beginning, Chen Dong's actions of accumulating shares, and they guessed the ending wrong.
Chen Dong's accumulation of shares was not to help others, nor was it to drive the stock price up. Rather, it was to have enough shares to dump on the market.
They are right about one thing.
To make money by shorting, Chen Dong needs to buy back the shares he sold when the price is low.
But people aren't stupid; there are plenty of people in the stock market who chase rising stocks and sell falling ones.
The higher the stock price rises, the more followers it attracts.
Conversely, during a stock price decline, aside from those who panic and flee, very few people actually dare to buy at the bottom.
"What should we do? If we sell now, we might not only lose money, but we could also suffer significant losses."
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