Reborn as the youngest son of a chaebol, starting with getting to know his eldest sister-in-law!

Chapter 113 A Sudden Snipe Encounter

But at the same time, Kim Il Tae raised another question: "Master, why don't you lower the price a bit, so that our strength will be stronger!"

For every 5 yen more, their cost goes up a lot.

Since it is the backing, why not simply lower the price.

"no!"

Chen Daojun denied his opinion without hesitation.

I still let my guard down.

The short sellers are really good at disguising, and they have been showing a mediocre fighting spirit these days, but they didn't expect to suddenly become ruthless.

In the stock market, confidence is more important than gold.

95 yen per share is already the psychological defense line of many stockholders.

Even though the stock price fell more than 95 before, they can still operate with ease.

Because at that time, many stockholders hadn't gotten into the car yet.

But because of chasing high, 95 per share, many people are already trembling.

If it is lower, they will definitely not be able to bear it.

He could foresee that if Sakata's stock price were to drop like this today, until the market closed.

Countless media will start to build momentum that night. Even if I use double the amount of funds to support the bottom line the next day, I can't stand the frightened fans who are frantically "stomping" and cutting their flesh.

So, you must hold on!

In order to enhance the effect, he even asked Kim Il Tae to use numbers such as 9999 and 9999 to show his determination to support the bottom line.

"Also, go and investigate why there are so many empty orders, and call everyone to have a meeting tonight!"

"Yes!"

The stock price decline will generally be gradually downward in the form of decimal points.

Even in a crash, there will be some buy orders that are too late to cancel.

However, the momentum of the short side's attack was too strong, and the stock price went down all the way. Many small institutions that were originally long, saw that the situation was not good, and closed their positions one after another.

Binzhong Tainan excitedly watched the stock price walk out of a nearly vertical line.

I got you!
Such a rapid decline has already engulfed many retail investors. If it were not for the lack of time, some multi-party institutions would join the short-selling team.

Already 95, 10 minutes left.

Shareholders who are worried that the stock market will continue to plummet tomorrow, still don't obediently give up their chips?
Under the post of CLA, many netizens flocked to ask.

"Ah, are you about to collapse?"

"Stock God, what's going on with today's market, I'm going to sell Sakata!"

"I bought it at 135 chasing high, and I lost two years of wages."

"Will it still fall, can you come out and give an explanation?"

Xin Zhizhu could only pretend to be dead first, and he couldn't figure it out. Judging from the stock trend, he didn't encounter any decent obstacles at all.

Could it be that the boss's purpose from the beginning was to be short?

The purpose of setting yourself up is to cheat stockholders.

Thinking of this, Xin Zhizhu was in a cold sweat. If this is the case, if the stockholders find out his true identity, he will definitely kill himself!

So, what's going on?
The stock price has fallen to 93 yen, from 145 to this value, just less than a while.

The short side is simply invincible.

Such a big ups and downs made the stockholders from all walks of life stunned, feeling that they had experienced a ridiculous and outrageous incident.

More and more people are paying attention to Sakata's stock.

Everyone felt that this stock had exploded.

According to this momentum, many parties should have heard some heavy news and were ready to give up.

Next, it is time for the short side to reap the fruits of victory!

However, with 8 minutes left, a big buy order suddenly held up the price of 92, and the selling order was continuously eroded.

This caught the confident short side by surprise.

Because the price has been going down all the way, no one is stupid to place an order above this price.

Like a pulse, the price pulled back to 96 and seemed ready to bounce again.

Huh?
There is a situation!
The stockholders queuing up to place Sakata's sell orders hesitated.

"Sir, are you still selling it?"

The trader asked cautiously, but she didn't dare to say more, for fear of disturbing the other party's thoughts.

In the past ten years in the industry, she has seen too many losers who cannot afford to blame traders.

If you fail to trade in stocks, you will go crazy on the stock exchange, blame this and that.

She has long since developed a memory.

People are gamblers, and such a large-scale attack by the short side can still be contained, which shows that the long side has not given up on Sakata, and is likely to be caught off guard.

Many stockholders have already lost a lot of money. At this time, the purpose of cutting meat is to stop the loss in time.

But with the hope of a comeback, who would give up lightly?

"Forget it, wait and see!"

The reason why everyone wants to grab the life-saving straw is because there is still hope in their hearts.

Everyone has already lost so much, and they don't care about this. If there is any improvement, they will blame themselves to death!

Most people choose to wait and see to see the determination of the main players.

Everyone watched the intraday trading volume and turnover rate continue to rise. Obviously, in the last few minutes, the struggle between the long and the short has entered a white-hot stage.

In this flash crash-like rush, can Sakata's stock get out of the plummeting market under such circumstances?
"Represents, at the price of 95, there are hundreds of thousands more pay orders!"

A trader exclaimed: "It's still increasing!"

"what?"

Hidezhong Sato hurried over, and sure enough, the empty side's attack went too smoothly.

Suddenly encountering so many purchase orders, it will take some time to change the price and the like.

After consulting Hamanaka Yasuo, Sato made up his mind.

"Continue to smash the market, take out half of the stocks, and smash them hard!"

With the momentum of a stock crash, he must break through this interception.

"However, half of the stock does not seem to be enough"

The subordinates calculated the chips in their hands and were a little puzzled.

"Idiot, do you want us to be the first in everything? This is just a gesture. Other institutions and other retail investors will definitely be crushed, understand?"

"Hi!"

On the other side, Kim Il-tae stared at the screen nervously, worried that he would be shot through if he ran out of money, so he directly zoomed in!

50 billion yen, divided into several accounts, and fiercely fought with the short side.

The group of people below are all short-selling Japanese stocks before, and this time they want to go long on the other hand, and everyone is in high spirits.

Short selling is very difficult, you have to be professional enough, you have to have bargaining chips, the most worrying thing is that the market has no bargaining chips at all.

It's easy to do more, just buy, buy, buy!
"President, there are a lot of sell orders suddenly. My side is almost digested. The buying pressure here is too heavy. They feel that they are changing the fund relay. How about we set up another line of defense?"

A trader looked up unconfidently, and looking at the trend, it was not a shipment at all, the other party just wanted to smash this stock.

"Yes, I agree with him. At a price above 90, the more we buy, the more we will lose. It's not worth it. You can see if you can block it at the price of 85. I personally think it is more appropriate."

Another older trader spoke up.

Others agreed one after another, their bonuses are linked to their income, and no one wants to make trouble with money.

As a professional trader, you should not only consider your own etiquette, but also consider how to stop losses for your employer.

Under such circumstances, and the market conditions are tough, no trader will think it is a wise choice.

This is already a substantial increase in the cost of holding positions.

No need!
Jin Ritai took a deep breath, he thought of Chen Daojun's uncompromising tone.

Over the years, following Chen Daojun, every time the young master gave unconstrained and incomprehensible instructions, in the end, they all proved to be prescient.

What nonsense professional advice, he only believes in the young master!
"The line of 95 must be guarded, otherwise there will be no business!"

Kim Ri-tae ordered without hesitation, and all the staff followed up.

(End of this chapter)