God of Rebirth Trader
Chapter 14: Battle on the plate
It turns out that according to the provisions of the Securities Law.
After the shareholding reaches 5%, the name and address of the shareholder, as well as the name and amount of the shares held, must be disclosed in a timely manner.
Because 5% of a listed company is considered a major shareholder.
More personal information about you needs to be disclosed to the outside world.
Also, from the date of the announcement, you will no longer be able to buy or sell stocks within the next three days.
This is the most deadly.
The next day.
Nine in the morning.
After a simple breakfast.
Chen Weidong and his third uncle were already sitting in front of the computer, observing today's market.
"After a wave of gains, the market should undergo technical adjustments today, and a small decline is normal."
The third uncle discussed stocks in a clear and logical manner.
Based on his current level, judging from the general trend, there should be no big problem.
Chen Weidong nodded in agreement, but secretly thought that today would definitely be uneventful.
Because the stock price fluctuated so much yesterday, "Lenovo Group" did not make any announcement at night.
This is too weird.
9:30 minutes
After the call auction, the stock market begins free trading.
"Lenovo Group" opened slightly higher, opening at 2.70 yuan.
Some radical retail investors have already rushed in and bought some of the panic orders that were not sold yesterday.
"Awei, why is the trading volume so small today? It shouldn't be." The third uncle stared at the market and wondered.
It has been almost half an hour since the market opened, and there are only scattered small orders being traded, not even a single transaction order worth 200,000.
"Since the banker won't take action, let's do a counter-attack and move the position first." Chen Weidong suggested.
Because he saw that Uncle San's account had already held more than 1.8 million lots of "Lenovo Group".
"What is knock-on?"
The third uncle was confused.
"You place a sell order, throw it out, I place a buy order, and then the chips in your account are transferred to my account." Chen Weidong explained simply.
If the position is not vacated, Uncle San's account will soon be over the line.
At that time, it will not only affect operations, but also disclose personal information to the outside world.
This is equivalent to being put under the spotlight, and everyone will see that they are the ones operating it.
"All right."
The third uncle nodded, and after asking for some more details, he started a "battle" with Chen Weidong.
Immediately afterwards.
"Lenovo Group" began to receive 2,000 and 3,000 pending orders...
This situation quickly attracted the attention of some people.
Far East Securities, Queen's Road Sales Department.
"Mr. Xiao, someone has taken action and seems to be making the right move."
Trader Xiao Zhang noticed the abnormal trading volume immediately and hurriedly reported it.
"Can you grab some chips?"
Xiao Qiang glanced at the board and asked.
"It's difficult because the opponent's methods are too fast."
"The time-sharing transaction details of the stock are refreshed every 3 seconds, and the other party completed the transaction almost within 2 seconds."
This is the first time Xiao Zhang has seen such a fast technique.
Before the trading order even has time to display the pending order, it has already appeared in the transaction.
"Is it so powerful?"
Xiao Qiang felt a shiver in his heart. It seemed that he had underestimated the other party.
However, no one should be allowed to snore and sleep on the couch.
"Smash it as planned!"
...
The knocking continued for ten minutes.
Chen Weidong finally transferred 40% of the positions in Sanshu's account to three other accounts.
However, all this did not affect the normal trend of stock prices.
The trading volume has only doubled than usual.
"Phew, I'm exhausted."
Ah Wei, please slow down next time, I really can’t keep up.”
The third uncle slumped down in his office chair and breathed a long sigh of relief.
Although there are real-time quotes from Chen Weidong, it is still difficult for him to keep up with Chen Weidong's operations.
My nerves remained tense throughout the entire process, for fear that if I were delayed for a second, my chips would be intercepted.
Now I'm fine, I can finally rest for a while.
"This is just the basic operation of a trader. You have to get used to it slowly." Chen Weidong took a sip of coffee and stared at the market without looking back.
"The banker hasn't taken action yet. Did he not go to work today?"
The third uncle smiled and couldn't help but joke.
"How is this possible? Don't you think this is coming?" Chen Weidong stared at the market and found that the stock price of "Lenovo Group" had begun not to follow the market, which showed that the main force had begun to control the market.
"Look! It's starting to hit the market!"
Third uncle exclaimed.
"Lenovo Group" had several sell orders of 10,000 lots executed instantly during the session, and its stock price plummeted by 2 percentage points.
What was originally a slight upward trend quickly turned downward.
"The decline is not big now, so you should follow suit and sell some, and just sell high and buy low in stages." Chen Weidong estimated the main force's intentions in his mind and made a decision immediately.
then.
An amazing scene appeared.
Several consecutive selling orders were placed by both parties, quickly exacerbating the decline of "Lenovo Group".
In less than a minute, the drop instantly reached 7%!
The K-line trend became extremely ugly, and many investors holding this stock were frightened.
The decline was so fierce that it even felt like it was about to plummet.
Shareholders holding "Lenovo Group" yelled and cursed. It plummeted for two consecutive days. There must be something wrong with the company. It didn't even make an announcement.
"Awei, are you buying the bottom now?" Sanshu couldn't help but ask when he saw that the stock price had dropped to 12%.
The sudden plunge in the share price of "Lenovo Group" naturally attracted the attention of many OTC funds.
Copycats appeared one after another, and the stock price also experienced a small V-shaped rebound.
Investors who own this stock are fearful, but investors outside the market are greedy. They will not be frightened by such a large decline. Instead, they will keep an eye on the market and be ready to buy the bottom at any time.
This is human nature.
"Keep throwing, don't stop! The dealer can't stop now. If you don't hit him, he will."
Chen Weidong had no intention of taking action and said calmly to his third uncle.
as expected.
The rebound only lasted less than five minutes, and a large number of selling orders began to appear during the session, trapping all the investors who had previously bought the bottom.
The third uncle shouted thankfully.
Chen Weidong didn't know when he took out a pen and recorded a series of numbers on a piece of white paper...
Far East Securities, Queen's Road Sales Department.
Xiao Qiang is instructing several traders to continuously sell and buy...
It turned out that it looked like a shipment, but in fact the chips they threw out were picked up from a low position by themselves.
It turned around and returned to my own hands.
At this moment, the trader Xiao Zhang suddenly said: "Mr. Xiao, it seems that someone is following us to sell high and buy low."
"In this case, let's continue to do it. Anyway, our costs are very low, and we still have a lot of profits."
Xiao Qiang snorted coldly. He had already expected this possibility, so he was not afraid at all.
They had already started to get involved in this stock as early as three months ago.
After a period of repeated operations, the cost has been reduced to an unimaginable level.
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