Chapter 114: What's the agreed market price? Why don't you follow the routine?

Author: A drop of crazy oil essence

Chapter 114: What's the agreed market price? Why don't you follow the routine?

"No, it's 95.2, it's about to be penetrated!"

"Add another 5 billion, go all-in!"

Before the buying orders were almost exhausted, the stock price almost stayed at the price of 95.1.

Jin Ritai and all the traders breathed a sigh of relief. It was obviously not hot, but everyone's backs were soaked.

Too exciting!

The long side struggled to defend the short side's attack.

However, retail investors who have not taken action are still worried. Judging from the late trading, many parties are already struggling to maintain this round of offensive.

Today’s bullets are almost out. How much inventory does the bull side have?

this is a problem.

In the evening, Yuan Chuan and the heads of several institutions accepted exclusive interviews from various media. No matter what they talked about, the topic would always lead to the direction of Sakata stock.

The media even broke the news of Sakata Company's recent layoffs. How could a company with normal operations lay off employees without any reason?

Most institutions talk earnestly about value investment and rational investment, and mention that late this afternoon is actually the best opportunity for retail investors to cut their losses.

They also interviewed employees who had resigned from Sakata. All of them were dejected and claimed that Sakata was finished and that all their employees’ sentimental holdings were cleared out in the afternoon.

But then, Sakata Company immediately issued a statement, claiming that the several people who resigned suddenly resigned due to personal issues and had nothing to do with the company. The company will seriously pursue legal responsibility for the rumors they spread and will also issue a lawyer's letter.

In short, the fact that Sakata stock has become a battleground between bulls and bears has gradually disappeared from the stock market, and Japanese people who get on the elevator will talk about it.

In view of the urgent situation, Chen Daojun summoned everyone for an internal meeting.

"Rita, thank you for your decisive decision today, otherwise all the planning over the past few months would have been ruined. Well done!" Chen Daojun praised his subordinates without hesitation!

"You're sorry, I just followed your instructions..." Jin Ritai said modestly.

Chen Daojun nodded, "You can briefly give everyone a briefing on today's situation!"

"Yes, Master!"

Jin Ritai picked up the pile of information he had printed out in his hand and cleared his throat.

"Everyone, although we have only opened a position for a short period of time, thanks to our efforts, our position cost of Sakata stock dropped from 81.3 yen to 68.2 yen last week, with a total holding of 11.445 billion yen."

After Jin Ritai finished speaking, he looked around at everyone to make sure everyone heard clearly before continuing:

"Today, the short side borrowed a large number of stocks, and we invested another 4.67 billion to barely block the offensive. However, due to the obstruction at any cost, our position cost has risen to 87.6, which is very close to the stock price."

Not only Chen Daojun, but everyone's eyebrows furrowed. Whether it is a fund or an institution, it is not good news that the holding cost is close to the market price.

Normally, if you want to go long, you should wash up the market during the rising stage, sell high and buy low to reduce costs.

For example, if you buy 10,000 shares for 50 yuan, the price will be raised to 100 yuan, and the average position price is 50 yuan, then it will be raised to the high selling part of 80 yuan, the price will reach 55 yuan, and then it will be bought low, and the price will be raised to 80 yuan, the position is still 10,000 shares.

The holding cost is reduced to 35 yuan.

This can ensure that you reduce the cost of holding positions, while at the same time increase the holding costs of retail investors, approaching the highest price in the market.

The long party can take the initiative. Retail investors will lose money if they sell, while long parties can make a lot of money by selling a little. Even in the shipping stage, retail investors are trapped. The only way out is to lose money and cut the meat, otherwise they will get deeper and deeper.

.

But recently, in order to withstand the opponent's attack, they have actually violated the laws of the market, and the cost of holding positions has risen instead of falling.

"The problem now is that we have very few chips left. There are fewer and fewer shares circulating on the market. We have no idea what trump cards the short side has."

Kim Il-tai spread his hands and said that today it was only because of time that he was able to barely block the attack of the bears. Tomorrow, the bears are ready to attack, and the risks are extremely high.

As a long party, buying a "junk stock" like Sakata, even though it contains elements of national sentiment, is something that no one can predict for sure, and the risk is very high.

"You mean, if there are no new chips added tomorrow, this stock may go all the way down!"

"Yes, Master!"

Chen Daojun touched his chin and fell into thought.

His original purpose of asking Xin Zhizhu to create a character and sell his feelings was to take advantage of the situation, use small skills to make big gains, and make a huge profit by taking advantage of the opportunity of institutional short selling.

I didn't expect the organization's counterattack to come so quickly.

It is said that Japanese people are very fond of this century-old store.

As a result, it won't work if you are frightened by the short sellers.

Ha, they are indeed a group of stragglers!

As expected, I still made the mistake of empiricism. I had a good plan, but it was a pity that I couldn't keep up with the changes.

According to the institution's frenzied spread of news, the determination to go short is extraordinary. What should we do next?

In Chen Daojun's impression, Binzhong Tainan will be sentenced this year for suspected illegal transactions and concealing losses.

Sumitomo is probably also investigating secretly at the moment, not wanting to alarm Hamanaka Yasuo. This guy will die sooner or later, but he doesn't know the specific time.

The short side's attack is imminent, and if you don't take decisive measures, you won't be able to wait until that moment.

A lot of funds have been withdrawn this time, and the previous funds have been exhausted.

There is still 100 million US dollars left, which is probably worth more than 8 billion yen.

Do we need to add more weight?

The last time we were long on Hyun Sung Ilbo and short on Sino-Ocean, Sambong Group spent part of its money, leaving 100 billion won (about 300 million U.S. dollars) left, which would have to be mobilized the day after tomorrow at the earliest.

Chen Daojun has now mobilized more than 300 million US dollars in Japan.

This already accounts for a certain amount of his net worth.

It is now 1996, and a large amount of money can enter the country in a short period of time, even if it is under cover.

On the other hand, if you come back again, what is left will be either stocks or real estate. If you exchange it in a short time, the distant water cannot save the nearby fire.

The remaining money must not be moved around, and should be reserved for bargain hunting. By then, all the good things everywhere will be at bargain prices, and the ten or two billion you have will not be enough!

Therefore, the funds invested now must be managed well.

Chen Daojun secretly reminded himself that he must not underestimate these Japanese dwarfs.

One bad move and I might be defeated in Maicheng!

Chen Daojun made a tour. For professional things, it is better to brainstorm.

"Next, if we want to continue to go long, what do we need to do?"

Details determine success or failure, and he doesn't want to make stupid mistakes.

Everyone looked at each other, but no one spoke rashly.

"It doesn't matter. We are now a unit. When I make money, you make money. Everyone hopes to take a big bite of Japan's cake. Everyone can speak freely."

Encouraged by Chen Daojun, a trader wearing gold-rimmed glasses stood up and bowed to prepare an answer.

"Hello, my name is Li Xiangyu. From a technical perspective, in fact, we generally don't touch stocks that are on the verge of delisting, because to promote the stock, we need to tell a good story, but Sakata obviously only has stories!"

Jin Rita wanted to say something, but was stopped by Chen Daojun: "It's okay, you continue!"

"Thank you, but as the boss, we must support you. Tomorrow is very critical. We will not be able to follow up the order at the end of the day, and the short side will definitely be able to see it."

Speaking of this, Li Xiangyu raised his eyes and observed Chen Daojun's face, and found that he was not angry, so he continued: "So, you asked us how to do long, I want to ask you, do we still have chips?"

"Yes, and more than today!"

Chen Daojun answered affirmatively.

"That's no problem." Li Xiangyu breathed a sigh of relief and sat down with a smile.

Hearing that there was still money, everyone was shocked by the boss's strength, and the atmosphere became lively again.

"I would like to add something more." Another trader, Li Yunho, stood up.

"It mainly depends on the psychological game between you and the opponent. The short side will definitely be eager to counterattack tomorrow. I suggest you use 1/4 of the funds to set up an ambush at 95, and then let five points go. When the short side thinks we have given up, start from 86

This location studs.”

This operation method is very sophisticated and has been approved by everyone.

"This is a good idea. Let's do it tomorrow. Also, I feel that the market liquidity is not enough recently. Institutions should borrow a lot of stocks from brokers and conduct a side investigation. The short side's move to smash the market today was too sudden. Others

There are so many stocks in the institutional layout that it is impossible to allocate money to short positions all at once!”

"yes!"

That night, CLA, who had been silent until now, posted.

He continued to show off his holdings and added another 100 million yen.

In the post, he claimed that the value investment and rational investment mentioned by institutions were all nonsense and money-making stuff.

This time in a person's life, he has to drink the strongest wine and ride the wildest dog, or turn his bicycle into a motorcycle, or turn his mansion into a street.
To be continued...