Qingyun Hotel.
'This—'
The few traders on Lin Yun's side were dumbfounded.
Just now, Lin Yun told them to quickly smash the market down, and because of the selling restrictions on margin trading, they frantically clicked, and their hands were sore from clicking.
Although, it attracted a lot of follow-up orders.
However, smashing the market in this way seems to be of little use.
As long as the opponent has a large amount of capital, a few large buy orders can easily reverse their effect.
It's just a matter of timing.
Is this really how Lin Yun plans to make money?
They are speechless.
If Lin Yun wants to make money this way, he is thinking too simply!
Although Tianyu Group's stock price fell by 4% or 5%, on paper they made a lot of money, but they couldn't buy back the shares. They had to wait for the other party to push the stock price back up. They didn't want to lose money, so they just waited patiently!
Fortunately, it was just stocks, if it was futures, they would be in danger. They simply didn't have the chips in their hands to keep smashing the market. The stocks on margin trading had already been borrowed by them, and the opponent only needed to spend some money to blow up the funds they had invested!
That would be a real loss of all their capital!
However, just as they were thinking this, a scene that shocked them occurred!
They saw ten thousand sell orders appear out of thin air, rapidly driving down the market!
One hand is one hundred shares, and ten thousand hands is one million shares, which is also the maximum number that can be sold in one transaction in the secondary market!
Even just now, when they quickly shorted the market, they rarely used such a large amount!
The most important thing is that, judging from the selling price of these stocks, they don't seem to be margin trading stocks. This makes sense. The major securities companies have already borrowed almost all of Tianyu Group's stocks, so even if the other party borrows stocks from a securities company that they don't have an account with, there won't be that many.
With the emergence of these large sell orders, the stock price of Tianyu Group quickly fell.
The stock price of Tianyu Group just fell from 5% to 4%, and in less than half a minute, it fell to 5%.
Another minute, down 6%!
Another minute, down 7%!
Another minute, down 8%!
"So the boss has a backup plan!'
'It seems that the boss has a plan in place!'
'I told you, the boss's plan can't be that simple...'
Watching the stock price of Tianyu Group fall so quickly, and the profits on the account rise rapidly, the traders on Lin Yun's side were excited.
While they were excited, their hearts were once again lifted.
They wondered how much Lin Yun had prepared as a backup plan.
They just borrowed 25 million shares in total for short selling, so Lin Yun shouldn't have prepared that many shares, right?
This is about stocks, not futures. With futures, you can keep short selling, and as long as you close your position at a low price at the end, you can make money.
With stocks, if you smash the market, you're smashing money.
Previously, when short selling, you were smashing the money of the securities company.
Now, if you smash the market, you're smashing your own money.
If Lin Yun had stocked up on stocks beforehand and sold them slowly, he would definitely have been able to sell them at a much higher price than he is now. But for the sake of short selling more than 300 million yuan, if he prepares too many stocks to crash the market, he will always feel like he has killed a thousand enemies but injured himself eight hundred.
However, if they don't prepare many stocks, can they crash the market?
The opponent's financial resources and determination far exceed their imagination.
The hearts of these traders once again became entangled.
If they don't do it in time, they will lose even more, right?
Although they work for Lin Yun, losses are not their business, and at most, they will not get their bonuses.
However, they are the ones who are trading, and if there is a loss, they will not feel good about it either.
Unfortunately...
They don't know that right now, dumping a large amount of stocks is certainly an act that kills a thousand enemies and injures oneself.
But the 800 losses are not Lin Yun's.
As long as Tianyu Group's stock price continues to fall, Lin Yun will be the biggest winner if he buys the stock at a low price and sells the bonds back to Rongrong.
...
'Damn, this is a bull market...'
'Wan Shou Ge has appeared, but unfortunately it's selling...'
'Empty dog, empty dog, empty dog, damn empty dog...'
'Damn, it's a fierce battle for emptiness. A small plate of more than 10 billion has an unexpected trading volume of more than 7 billion in the morning...'
'Are these people selling their stocks waiting for the cremation fees after their entire family dies? Why are they selling in such a hurry?'
On the internet, many investors who had been following the Tianyu Group's stock price exclaimed in surprise.
Those investors who owned Tianyu Group's stock and hadn't sold it earlier, as well as those who had bought Tianyu Group's stock in the morning, all looked unhappy. While angrily cursing the people selling their stocks, they also resented the weak force defending the bulls.
'There are no more stocks available for short selling. Even if the bulls make a comeback and the stock price rises afterwards, you can't buy stocks now, otherwise there will be no way to hedge with short selling later. The stock price of Tianyu Group is very unstable right now, so it's hard to predict what the ending will be today, and what the trend will be tomorrow...'
Some stock experts who had not made any moves shook their heads.
The rules of the stock market in Daxia state that stocks bought today can only be sold tomorrow.
If there is margin trading, you can buy and then wait for the price to rise before selling the same shares through margin trading. This is equivalent to selling the stocks bought today in advance, and the profits will go into your pocket.
However, since there are no more stocks for margin trading, this can no longer be done.
...
Tianyu Group headquarters.
'Speed up the sweeping of goods! Don't let these sell orders push the stock price down!' Zhang Zhongguo's face was a little gloomy as he said.
In just three or four minutes, another 10 million shares were sold, and there were also many small sell orders following suit, which added up to a significant amount. This made him furious, as they had once again spent nearly 200 million yuan on buying.
The person attacking their Tianyu Group had first used margin trading and then sold a large number of shares, so they were really well prepared. This was no longer a simple attempt to bite their Tianyu Group, but to bite twice.
'Chairman, we're running out of money...'
The leading trader smiled bitterly.
This was the third time he had said something like this.
Originally, they had prepared 500 million yuan to protect the market today, but it would soon be used up. Just now, Zhang Zhongguo transferred 200 million yuan, and now, that money was also almost gone.
'You guys...' Zhang Zhongguo felt a lump in his throat and didn't know what to say.
Their Tianyu Group didn't have a lot of cash. 500 million yuan was already the vast majority of their cash.
The 200 million was even more than the chairman and a few directors could spare from their pockets.
He had thought that the 200 million would last until the end of the morning.
He would raise more funds during the break.
Who would have thought that the 200 million would be gone in just three or four minutes?
'No, all the funds are gone!'
Just then, the lead trader quickly said with a change of expression.