Chereads / Universe Trading System / Chapter 103 - Chapter 103: Not Enough Money

Chapter 103 - Chapter 103: Not Enough Money

Soon, another week passed.

Those purchasing agents once again purchased various resources worth 500 million for Lin Yun, allowing Lin Yun to exchange them for 150 spirit crystals.

Only gold was a bit more cost-effective, with 270 million worth of gold being exchanged for 100 spirit crystals.

The other resources were not as good a deal, with 230 million resources only being exchanged for 50 spirit crystals.

At this point, Lin Yun deeply felt that money was not enough to spend.

In less than ten days, he had spent 800 million Dashan coins on buying various resources.

He had almost spent all the money that Li Hang had transferred to him last time.

If you add the money spent on buying gold earlier, Lin Yun's total spending on buying various resources was over 1 billion yuan.

Fortunately, in recent days, Li's jewellery store has once again sold several top-quality exquisite jewellery items, and Li Hang has once again transferred 300 million to him.

There is also the profit from Qingyun Restaurant and Qingyun Hotel, the sale proceeds from Qingyun Power Banks, and the money he originally had left, which gives him more than 500 million.

However, according to those purchasing personnel, as long as there is money, it is not too difficult to purchase various resources.

Five hundred million, if you really spend it boldly, it will be used up in a few days.

Money really isn't enough to spend.

However, this money is well spent.

Lin Yun once again spent a hundred spirit crystals, allowing the range of the Cosmic Trading System's absorption and refining of spiritual energy to reach 300 metres in all directions.

Now, during the day, the Cosmic Trading System receives around 15 spiritual energy points per hour, and Lin Yun receives close to two spirit crystals per day.

The most important thing is that because the range has increased, Lin Yun also gains a lot of spiritual energy points at night. Now, in one night, Lin Yun can also gain about 70 energy points.

In one day and one night, Lin Yun gains more than 260 spiritual energy points, which is a bit more than two and a half spiritual crystals.

This is a terrifying figure.

At the moment, the speed at which Lin Yun uses the Cosmic Trading System to gain spiritual crystals has already surpassed Xing Lan by a lot.

Right now, Lin Yun still has 70 spiritual crystals.

With just another 30, he can expand the radius of the Cosmic Trading System's absorption and refining of spiritual energy by another 100 metres.

Tianyu Group's main business is the processing of electronic products.

To put it more colloquially, it is a large processing plant.

The business of such processing plants is very important.

Once they lose business, their prices will plummet.

These days, the bad news about Tianyu Group is constantly being posted on the front pages of major portals.

Tianyu Group's stock price has fallen every day without exception, and the current stock price is only a quarter of its original price.

Naturally, the market value of Tianyu Group is also only a quarter of its original value.

It turns out that the market value of Tianyu Group was more than 13 billion yuan, but now it is only 3 billion yuan.

With the market fluctuating as normal, the sharp and rapid fall in price is very frightening and rare in the entire Chinese stock market.

This result was also due to the fact that Tianyu Group used a large number of shares as collateral for loans. When the stock price dropped to a certain level, those shares were dumped by the major banks. Some small funds that originally wanted to copy the bottom were also smashed without making a splash.

Many masters of stock trading were very surprised that no large funds came to operate this stock when it fell to such a degree.

Even if it was a shareholder's self-help, there should be a splash, right?

Only Lin Yun probably knew the reason.

Before some big money plans to manipulate a stock, they must investigate the stock thoroughly.

The shares of Tianyu Group are obviously being suppressed by someone, so it is even more important to investigate this stock thoroughly when trading it, to avoid colliding with others or falling into a pit.

Later, many big money funds discovered the same thing as those securities officials: the people suppressing this stock seem to be very good at disseminating information.

In the Dashan stock market, there are not many secrets among many large funds, and likewise, there are also many secrets. What they like best is to use all kinds of information to do all kinds of things. Likewise, what they fear most is the exposure of all kinds of information. After they discovered this, they immediately gave up on the stock of Tianyu Group.

In the Dashan stock market, there are so many stocks, they don't need to eat this one.

As for the shareholders of Tianyu Group, the majority shareholder Zhang Zhongguo was crippled at the start, and many other shareholders fled. Which of the remaining minority shareholders would dare to take over?

If you dare to take over, the reality is that you will fall into a pit and never be able to get out.

Therefore, the stock price of Tianyu Group has been falling until now.

Zhang Zhongguo has completely withered.

The market value of Tianyu Group is now just over 3 billion yuan. A few days ago, he used a large amount of capital to manipulate the shares of Tianyu Group. Based on the value of his holdings, he is already insolvent, not to mention the fact that some time ago, Tianyu Group used a large number of shares to secure loans, and there are still many debts.

He is completely finished.

Now, every day, people gather outside his villa to collect debts.

He can't even think about getting away.

No, it can no longer be considered his villa. The bank has already notified him that it is prepared to seize the villa.

'It's almost time...' Lin Yun said softly as he looked at the Tianyu Group's stock price on the computer.

Today was Tuesday, and the stock market was open.

He called the traders and instructed them to start buying an unlimited amount of Tianyu Group shares.

The traders were already in awe of Lin Yun.

Since Lin Yun went short, the share price of Tianyu Group has been falling all the way, and it has fallen to a quarter of its original share price. This is an incredible thing.

They have been idle for many days since operating for just one morning.

Hearing Lin Yun's order, they did not hesitate and immediately began to buy shares of Tianyu Group.

They were buying both in block trading and on the secondary market.

At this time, there were already many sell orders for Tianyu Group shares on the block trading.

Many prices were even lower than the current stock price.

Some small funds, whose information sources were not very good, had wanted to copy the bottom, or make a quick in and out. Even if someone was manipulating the shares of Tianyu Group, they were prepared to take a big bite out of the stock.

However, what they didn't expect was that they entered, but couldn't get out.

The shares of Tianyu Group continued to fall, and they had been reduced to a state of apathy.

Now, they just wanted to get out, even if they had to lose some money.

Lin Yun hired several traders to start sweeping these orders on a large scale.

Within ten seconds, all these orders disappeared.

Then, in the secondary market, where retail investors usually buy and sell stocks and the stock price fluctuates at any time, they started placing one large buy order after another.

There were a total of two to three million shares at the limit down price.

At this moment, this quantity began to rapidly decrease.

On the Internet, the Tianyu Group stock forum exploded again.

'Holy shit, someone's finally started sweeping up the orders!'

'It's really sweeping up, I just noticed that all the orders on the block trading have disappeared!'

'Has a big investor finally started trading this stock? Hurry up and buy, wait for the next limit up!'

'It's seriously oversold, the next step is a super rebound, good opportunity, start buying!'

'It's fallen pretty much, you can start taking some positions!'

'Quickly cancel the order! It's definitely going to rise!'

'This time, it may not necessarily pull up. Let's learn from the previous lesson. This time, it may also be a trap. If you go in, you may not be able to get out!'

'Don't worry. If the counter really starts to rally, it usually doesn't happen on the day the counter opens. Let's wait a couple of days!'

Many investors have various reactions.

Many investors are blind, buying stocks and withdrawing sell orders.

There are also many investors who are very calm and wait for opportunities very patiently.