I have a debt of 3 trillion, and my creditors are begging me not to die.
Chapter 29: I Can’t Disobey You
Chapter 29: I Can’t Disobey You
At 9:30 in the evening, Chen Chao and all the employees of the investment department arrived.
Yang Chen also brought 6 beauties to the studio and communicated with the investment department via video link.
The 1 million euros from the bank will soon arrive, and work can begin tonight.
Yang Chen still followed the old rules and asked Chen Chao to find out the stocks with the biggest drop, but he did not directly choose which ones to buy. Instead, he let the five investment consultants choose.
Zhao Jing and the others quickly waved their hands to refuse. They could only give suggestions but did not dare to make choices on behalf of Yang Chen. If they suffered a loss, they would not be able to explain themselves.
Yang Chen smiled and said, “I’m afraid you’re still not convinced, so I’ll let you choose this time, but I’ll still make the decision and give the order. Regardless of profit or loss, I’ll be responsible. Come on, choose.”
Zhao Jing and others still waved their hands to refuse.
Yang Chen turned to Chen Xi and said, "Chen Xi, you choose, just pick two."
Chen Xi quickly replied: "Ah? I...can I? If I lose, it will be a big trouble. You can't fail now, not even once."
“Just do what I ask you to do, and I will bear the consequences.” Yang Chen said calmly.
Chen Xi nodded seriously and said, "Okay then."
Chen Xi turned his back and waited for a while. At this time, the order of stocks on the market had changed a lot.
"That's about it. Let's choose the second and fourth ones." Chen Xi said and turned around.
Yang Chen said to Chen Chao: "A Chao, divide the 1 million Eagle Coins into two parts and buy Tom Technology and Hoss Holdings."
Chen Chao immediately said, "OK! Got it! Comrades, let's get to work! Divide the funds in the Eagle Coin account into two parts, and buy Tom Technology and Hoss Holdings respectively."
The traders immediately started to operate, dividing the 1 million Eagle Coins into two parts of 5000 million each, and then distributing the 5000 million to dozens of accounts through multiple accounts. In this way, the funds in each account are only a few hundred thousand, which is no different from ordinary retail investors. It will not attract the attention of market makers and regulators, and will not immediately increase the stock price and increase the purchase cost.
After all preparations were completed, traders began to buy Tom Technology and Hawes Holdings.
There is no limit on the price fluctuation of Bald Eagle’s stocks, and a T+0 trading system is implemented. In theory, as long as there is sufficient market capital, the stock price can rise indefinitely, and if you buy at a low price on the same day, you can sell at a high price on the same day.
Of course, if it is a falling market, it may drop by 99% in the same day. Ordinary retail investors cannot stand such an exciting way of playing.
For an immature market, if this kind of trading system is implemented, small retail investors will definitely not have any chance to make money, because the market makers will repeatedly push up and suppress the price. There will always be a wave that will attract retail investors to chase high prices, and then scare them into cutting their losses.
Zhao Jing and others quickly went online to search for information about Tom Technology and Hoss Holdings.
There is only a little information about these two companies on the Longguo Internet.
Tom Technology is just a shell company that was successfully listed through a series of capital packaging. The shareholders have already completed their share reduction and cashed out, and it is now in a half-dead state.
Hoss Holdings is also a shell company that has become a large group that holds controlling stakes in multiple investment companies and industrial companies through capital packaging.
After the listing, shareholders began to look for ways to reduce their holdings and cash out, and most of them have now fled.
Tom Technology has fallen from a high of 125 Eagle Coins per share to the current 1.25 Eagle Coins per share.
The share price of Hoss Holdings has fallen from a high of 560 Eagle Coins to the current 2.35 Eagle Coins.
After checking the information, all five investment consultants smiled happily.
"He's done this time. He's going to lose everything." Zhao Jing said in a low voice.
"It may be a good thing for us, but it is not a good thing for Sihai Group and its creditors." Bai Zhi said. "He is too stubborn and will not listen to any advice. He will always be like this until he suffers a loss. We reminded him to stop the loss in time so that he would not lose everything. From now on, he will listen to our instructions and things will definitely get better." Chen Lan said.
It can be seen that they are very confident in the results of their 20 years of hard study, but they just lack an opportunity to display them.
After more than ten minutes, the traders had spent all their funds.
Yang Chen said with satisfaction: "Okay, everyone go home and rest after get off work. Remember to short Changhui Group. The goal is to short it until it is delisted at par value. Don't stop until the goal is reached. Did you hear that clearly?"
Chen Chao quickly replied, "Okay, Mr. Yang, I will call the CEO of a familiar brokerage firm and ask for advice. I will short sell when the market opens tomorrow."
"Well. Let's get off work and retire." Yang Chen said.
Zhao Jing quickly stopped him and said, "Wait a minute! Director Yang, the Bald Eagle stock market operates on a T+0 basis, so we can still sell today. The two stocks you bought are shell companies, and they are expected to continue to fall by 30%. We should stop loss and exit immediately."
“Anyway, these are foreigners’ stocks, so it would be a waste not to sell them. I’ll sell them when the price goes up 10 times. It’s impossible for it to go up to the same level all at once tonight, so don’t worry and go home to rest.” Yang Chen said, and then turned off the video call.
The five investment consultants once again launched a "bombardment" on Yang Chen, and showed him the information they had found about the two shell companies, and concluded that the two companies would continue to plummet.
Yang Chen didn't even look at the messages they sent, and said with a smile: "I'm going back to my room to take a shower. When I come out later, I hope to see you guys have put on your black stockings and are ready to dance."
"Huh! It's too early to be happy, right? The stock price hasn't reacted. How do you know it's because we wore black stockings, or that you will listen to us obediently in the future?" Huang Wei said with a pout.
Yang Chen turned around and said, “You are the one who talks the most every day, so you will dance the most sexy dance for me later. If your sexy dance doesn’t satisfy me, then you guys should stay awake tonight, and rehearse a sexy dance together, and I will dance for you tomorrow morning.”
Huang Wei immediately put her hands on her hips in anger, and kept exhaling.
"You are bullying me! I can only be a little cute. You insist on making me act coquettishly, but I can't be coquettish." Huang Wei protested.
“If you can’t be flirty, then learn. If you don’t know this, how are you going to please your husband in the future? Do you want him to be seduced by some flirty woman out there?” Yang Chen said.
Huang Wei was so angry that she stamped her feet and complained, "Humph! I studied hard for 20 years and graduated with a master's degree in finance. I wanted to be a big shot in the financial market and become a female stock god, but I didn't want to be trapped here learning to dance. Oh, God, why are you so cruel to me?"
Zhao Jing smiled and said, "Why are you in such a hurry? The two stocks he bought are still lying flat. Who said you have to jump in front of him? It seems that he will not listen to our advice unless he suffers a big loss."
As soon as Zhao Jing finished speaking, Chen Xi pointed at the big screen and said excitedly: "Oh, it's going up, look, look, it's really going up."
On the big screen, Tom Technology and Hawes Holdings suddenly began to soar, and the rising momentum of the two stocks was almost identical.
"How is this possible? Doesn't the Bald Eagle stock market focus on value investing? Why are these two shell companies still able to rise?" Bai Zhi asked with a look of confusion and shock.
"Oh my god, it's up 80%. Such a rise in just a short period of time would require eight consecutive trading days of daily limit increases in the A-share market. The Bald Eagle stock market is too exciting. People with a weak heart can't stand it." Gao Ya followed.
"Oh my, Hoss Holdings has risen by more than 100%, and the upward trend is not slowing down. It won't increase several times in a day? My heart can't take it. How is this different from picking up money?" Huang Wei said in shock.
Chen Lan followed up by saying, "I can't help but accept it now! Chen Xi turned his back to the odds and randomly picked the stocks for him to buy, and he could grow like this after buying them. Oh my god, it's doubled, 200%. How can there be such a lucky person in the world? I studied hard for 20 years but I'm not as lucky as him. I'm so angry."
Chen Xi was also shocked, but she was more surprised and adored.
"Yang Chen is so amazing. The stocks I randomly picked would soar after he bought them. What kind of incredible luck is this?" Chen Xi thought to himself.
Zhao Jing sighed and said, "Alright, stop watching. It's not good for your heart and it can easily undermine your self-confidence and make you question your 20 years of hard work. Let's go back to the room and change clothes. Our dear Director Yang will be taking a shower soon. We have to fulfill our bet and wear black stockings and dance for him."
(End of this chapter)
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