From Tuesday to Friday, for four consecutive days, Chen Pingan only did one thing: smashing the market at high prices and buying crazily at low prices. He bought up all the stocks that were at the lower limit.
Although I am losing money, I am getting more and more chips.
The reason is simple: the stock price fell.
The sharpest drop in stock prices came on Thursday afternoon.
The three institutions cleared out all their positions, and both stocks hit the limit down and then opened higher, and there was also a flash drop at the opening on Friday.
This should be done by the institutions communicating with each other and working together.
Not to mention the retail investors who fled for their lives.
Chen Pingan welcomed this with open arms.
On Thursday's limit down, hundreds of thousands of shares were taken up by him and two other unknown funds.
The trading volume reached its highest level in recent times that day.
On Friday, he reversed course and dumped the market, buying frantically at low prices again.
In the night session, it was him, Edwards, Ding Junzhe and Chen Xiaolong, who gradually kept buying more simple alkali and corn starch in small and medium-sized orders.
The days are extremely boring, but at the same time, they are also very exciting.
Everyone knew about the fight, but when it actually happened, except for Chen Pingan and Edwards, the others were all terrified.
You know, the daily losses are over 100 million!
The selling price every time is lower than the buying price. Isn't this a very steady way to lose money?
But even if they had some guesses, they didn't dare to ask.
Chen Pingan didn't smile much this week, and most of the time he had a poker face.
It was not just him who was crashing the market. When others followed suit, the stock price fell quickly and people lost money even faster.
That’s tens of millions of cash!
Chen Pingan was indifferent to this, as it was all part of the plan.
But the thought that someone was following his trend and might have guessed his intentions made him feel uncomfortable.
Seven consecutive days of decline have caused some retail investors and institutions with heavy positions to start reducing or even liquidating their positions.
Although the chip analysis after the market close didn't take much time, the atmosphere became increasingly depressing, leaving Dong Wanwan and Huo Shiyun with no chance to talk to Chen Pingan except for putting on beautiful makeup every day.
"The medicinal herbs should have started to dry now." Chen Pingan sighed and said in a low voice.
Edwards nodded but said nothing.
Chen Pingan continued, "I really like the way Scorpion and his team work. If there's no news, they just wait, taking their time. At least you didn't tell me whether they've urged me yet."
Edwards smiled bitterly and said, “It’s not that I didn’t say it, but I didn’t say it.
They have been staying in one place for more than half a month. Even if they were traveling, it wouldn't take that long."
"Then what did you say?"
"Eat! Eat all kinds of food in every place. Besides not taking pictures casually, you are also prohibited from flirting with local women. Finally, let them wait for instructions."
Chen Pingan sighed, "Tang Qian took action against me too late, if only she had done it a month earlier.
However, if the burning is done after all the medicinal materials are stored, at least the farmers will not suffer much loss.
It all depends on whether the Tang family has insurance. I can’t take care of anything else.
Wait until it’s put into storage next week and burn it during the National Day holiday!
Let more people know this news, let more people spit out their chips, I need to increase the chips as soon as possible.
When each stock reaches a million shares, we will launch the campaign!"
……
Tang family.
Tang Linfeng is already seventy years old.
These things had nothing to do with him at all. He had been retired for almost fifteen years.
But given the current situation of the Tang family, he has no choice but to come out.
The youngest daughter died and the stock price plummeted. Although the entire family was not in a panic, this semi-reclusive old man had heard the criticisms of the head of the family.
It would definitely not work if he didn't come out and express his support for the head of the family.
If that happens, the Tang family will be in chaos!
The current head of the family, Tang Yuyuan, has done quite well over the years. What is most commendable is that the Tang family has been developing and progressing steadily both in business and in official career.
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