He did not choose to cut his losses in time and sell the stock at a low price.
Instead, they bought a large amount of the stock when its price was low.
He thought that according to the rules of the stock market, there is a rise after a fall, and the stock market has already fallen this much, how much lower can it fall?
He was hoping the stock would surge so he could make a fortune.
But how can the stock market move as he expects?
The facts taught him that there is no lowest price for stocks, only lower prices.
The stock's downward trend has never stopped; it keeps falling.
Duan Xingyan was trapped and couldn't extricate himself at all.
To buy stocks, he raised money from all over the place and increased production at the cannery.
Increasing production requires purchasing large quantities of raw materials.
A series of butterfly effects led to a huge expenditure on raw materials, while the production of canned goods was far too large, resulting in unsold stock.
The factory suddenly ran out of working capital.
Seeing this situation at the factory, many workers also packed up their buckets and ran away.
This makes it even harder for the factory to make a profit.
That's not even the worst part.
As the saying goes, good fortune never comes in pairs, but misfortunes never come singly.
Just when Duan Xingyan was at his wits' end, his daughter was diagnosed with a serious illness and urgently needed surgery at the hospital.
Seeing a doctor and having surgery costs a lot of money.
Duan Xingyan, who had no money, dared not tell his wife and daughter that he was broke.
He secretly borrowed money from loan sharks.
This is truly adding insult to injury.
Loan sharks are calling him every day, demanding he pay back the money. The factory can't operate normally, and he can't withdraw the little money he has left in the stock market.
This incident aged the middle-aged man in his fifties considerably, leaving him with no choice but to consider selling the factory.
Duan Xingyan and Ji Xian arrived at the agreed meeting place.
The meeting place was simply a park bench, not a coffee shop or teahouse.
There's no other reason than that you don't need to consume or spend money here.
Duan Xingyan knew it was very shabby; he would never have dared to imagine such a situation before, but now he had no choice but to face it.
Ji Xian was surprised when he heard that they were meeting here, but since it was the other party's request, Ji Xian didn't say anything.
certainly.
Duan Xingyan was also surprised when he first saw Ji Xian, because the man was so young.
A young and strong man.
Duan Xingyan even considered turning around and running away.
Because he couldn't help but suspect that such a young man might be from a debt collection company.
Only the debt collection company is staffed by young and strong men.
He's so young; he doesn't seem like the kind of person who could buy a factory.
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