Chen Dong would actually dislike having to stop his work whenever he saw a superior.
Chen Dong quickly walked to Wangcai's side.
"How is the situation?"
Wangcai said happily, "Boss, the progress is going very smoothly, even more smoothly than I imagined."
I originally thought that the task assigned by Chen Dong would take at least three days to complete.
But for some unknown reason, a large number of sell orders appeared in the Ouyang Group.
These sell orders are not all large orders; to be precise, small orders dominate, with a trading volume of 8,000 shares per second.
If this pace continues...
They could acquire 17% of Ouyang Group's shares before the market closed at 4 p.m.
The countermeasures that Chen Dong and Wang Cai came up with were not complicated.
By leveraging their financial advantage, they first accumulate a large number of shares, and then use these shares to drive the price down to an ideal level suitable for establishing a position.
Then use small orders to buy back the sell orders that were dumped.
It's like transferring money from your left hand to your right.
This wash trading pattern is often used in individual stocks.
It sounds like a thankless and exhausting task.
That's not actually the case.
In practice, this is one of the fastest ways to accumulate chips, and it has proven effective time and again.
Even more ruthless, following Chen Dong's approach, would lead to repeated reshuffling of the deck over a year or two.
During this period, even long-term investors will choose to cut their losses and leave the market if they see stocks continuing to decline.
It was precisely this kind of operation that fell into the trap set by the major players in the market.
This is the moment they've been waiting for.
Under Wangcai's command, the traders strictly carried out the instructions given at the meeting.
......
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