Reborn in 1991, helping dad become the richest man
Chapter 68: Hold on! Hold on!
The next day, the father and son resumed their previous life routine in Shanghai.
Neither the father nor the son went to the salon at the exchange. At most, they passed by the bank's online store near their home.
Then he bought some newspapers, went home and listened to the radio while Tang Xionghua continued to study makeup and disguise techniques.
On the 28th, the news that the father and son had been waiting for was announced on the radio that evening.
The official announcement has been made.
The stock issuance has been confirmed, and the number of stocks issued is expected to increase to fifty-three throughout the year.
As a result, the Shanghai subscription warrant market instantly fell into a frenzy.
On the 29th, when I went out to buy breakfast early in the morning, I saw that the purchase price of the subscription certificates had changed.
The highest last night was only nine hundred and eighty, less than a thousand.
But this morning, the purchase price of the warrants suddenly became 1,200.
At this moment, the subscription certificate has reached a high multiplier of forty times.
But this is not the end, it is just the beginning. In the next week, the purchase price of subscription certificates will increase every day.
Although the increase was not large, it was close to two thousand yuan at one point.
This is comparable to the price of the winning numbers in previous lottery draws.
"It's stopped. Today's price is still the same as yesterday's. During this period, I've been watching the price rise so much that my heart rate has accelerated!"
On May 8th, after buying breakfast outside, Tang Xionghua returned home and spoke to Tang Yichen with a smile.
Tang Yichen didn't have much reaction now.
He was numb to the swelling, or rather, he now regarded it as a string of numbers.
"Dad, don't worry, it will be like this for a while. During this period, I think many people will be unable to resist selling their subscription certificates.
But I think after a while, when more explosive news comes out, they will bang their heads against the wall!"
"Haha! That's true. To be honest, if it weren't for you, I would never have thought that the price of this thing would be so high.
Two thousand, based on the current price in the secondary stock market, is actually already at its peak. After all, it takes time for a new stock to rise in value. If you invest more, the cost will be too high!"
Tang Xionghua couldn't help but sigh.
Tang Yichen also agreed with his words.
"Yes! That's why there may be a lot of warrant transactions during this period, and I estimate that the price of warrants will definitely fall in the next few days."
Living in this era and in this environment, we should use the perspective of future generations and reflect on the present after knowing the answer.
Tang Yichen can easily analyze a lot of things.
The price of the subscription certificate today clearly shows that there is a market maker behind the scenes.
They are not one person, or rather, they are a large group of bigwigs from all over the country in the salon at the exchange.
For example, some second-generation people with good backgrounds, coal bosses, and various lurking forces with strong foundations.
They control the market, gradually raising the purchase price of warrants. Now, they may actually know the next news, but they will definitely block this information and then control the purchase price, and even control the purchase price to fall in the future, causing the market to peak and fall.
In this situation, few people can sit still.
Eighty to ninety percent of them would rush to cash out and leave at this time. And this wave would also make these individual players regret for the rest of their lives.
A few years later, there may be young people like Tang Yichen in his previous life in the Magic City, and then hear the old people in the Magic City who have gone through this era sighing about today.
Of course, this has nothing to do with Tang Yichen and his son.
There is no way they would fall for such a trick, nor would they expose themselves.
Life continues to go on in a regular manner every day.
Time slowly passes again.
Just as Tang Yichen thought, the price of the No. 10 subscription certificate began to fall, falling below two thousand to one thousand and nineteen.
And on the 11th it dropped to 1,800.
For a moment, the individual investors who still had subscription certificates in their hands were instantly panicked.
A large number of people rushed to cash out and leave on the eve of a carnival that they were unaware of.
Luo Yinghao is an employee of Magic City Bank.
As early as the beginning of the sale of subscription certificates, he bought fifty subscription certificates himself.
It was just that at that time, due to the pressure of the task, he had to digest it some of it himself.
But later, when the subscription certificates were extended, news came down that there was definitely money to be made from the subscription certificates.
So he gritted his teeth and bought another 150 tickets, making a total of 200.
However, on the eve of the first lottery, his wife secretly took away his two hundred tickets and sold one hundred of them.
It was sold in the salon, and the price was four hundred yuan per piece.
But after the first lottery was over, he scolded his wife.
So, after the first lottery was over, he took advantage of the decline in the price of subscription certificates and bought another 200 from the black market.
But now, neither he nor his wife can remain calm.
During this period, they lived in fear every day.
From the beginning, the price changed every day, and it still does every day now. The only difference is that it was rising before, but now it is falling.
"Lao Luo, sell it now. If you don't sell it now, it might be too late. We still have more than 1,700 subscription certificates. Even if we win all of them, the only ones who sell them are those with high scores. Each subscription certificate is 30 shares. Selling the subscription certificates will only make about 1,800."
His wife is persuading him.
Luo Yinghao was also struggling inside.
He initially invested only 6,000 yuan.
He bought 200 copies, each costing 30 yuan.
Later, his wife sold a hundred copies and earned 40,000 yuan at the time.
And out of the remaining one hundred books, ten won, making another twenty thousand.
I spent 50,000 yuan on 200 books, leaving 10,000 yuan. After deducting the 6,000 yuan book, I didn't actually make much profit.
Now, he has 300 subscription certificates in his hand, and if he sells them, he can make more than 500,000 yuan.
"Lao Luo, lock in your profits before they continue to fall. It's only been a few days and you've already lost tens of thousands.
After a while, the second lottery will be held, and prices will definitely continue to fall.”
His wife was still beside him, anxiously trying to persuade him.
Ever since she secretly sold him a hundred tickets for the first time and got scolded, she didn't dare to do it again. But now, she can persuade him. "Okay! I'll sell it!
Luo Yinghao was persuaded, mainly because he calculated in his mind that the profit he had made from the subscription certificates had reached the top, and if he held on to them, the profit would only be less, not more.
Instead of doing that, it is better to take action now.
Just take action.
Today is the weekend, he rests at home, immediately changes his clothes, takes the subscription certificate, and then walks out of the house with his wife and takes a taxi to the trading
As an insider, he naturally knows where is the best place to sell warrants.
The Palace Salon behind the exchange is currently the largest underground subscription certificate trading place in Shanghai.
There, wealthy people from all over the country come to buy subscription certificates every day.
In fact, many of the people who were acquired from outside were working for them.
For example, if the purchase price outside is 1,700, then when you get inside, one ticket can be sold for 1,800.
They just earn a commission.
Of course, this has nothing to do with him.
I took my wife to get off the bus near the stock exchange. The car in front was having trouble getting in. The street near the stock exchange was crowded with people and cars. It was too congested.
Yes, it is hard to imagine that there would be traffic jams in 1992.
But on the exchange side, it is true.
"Hey, why does this person look so familiar!"
Just as he got off the bus, he suddenly saw a young man in work clothes walking by the roadside with a child holding a teddy bear.
A hint of doubt flashed through his mind, and then he remembered.
Isn’t this the same outfit worn by the person I once called a fool?
When the subscription certificates were on sale, a man wearing this work uniform came to me and bought two hundred subscription certificates.
At that time, he regarded him as his savior. He helped him complete part of his personal task and became the person who sold the most in their branch that day. It was a rare occasion that he didn't get scolded by the bank president when he got off work that day.
Now that I think about it, I'm afraid that man must have made a lot of money back then.
I just don't know if that man can hold on until now.
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