I was born again with 100 million

Chapter 398 Close the position!

Americans don't seem to have the habit of taking a lunch break, so even Nasdaq is not closed at noon.

Lin Xiao returned to the hotel for a lunch break at noon, but he was not in a hurry to rest. He waited for the news from Google, and then he stayed in Lan Yumo's room, watching the performance of Inktomi's stock price.

"It has fallen below 225!"

Seeing Inktomi's stock price falling all the way, Lin Xiao was also very happy.

"It was predicted by him again!"

At this time, Lan Yumo also had such a faint smile on her cold face, which was different from her trading short of other stocks earlier.

Before, it was an early entry, and then the market fell, and there was no big fluctuation. Although there were many targets to buy, it was a matter of earning more and earning less.

But this time, they once faced the risk of losing money or even being liquidated.

But the result is still good in the end. Now it is to see where Inktomi's stock price will fall, which determines how much money will be earned in the future investment in the next few days.

But in any case, this operation is a steady profit.

To put it bluntly, the stock market is based on expectations. Now the market and investors’ expectations for Inktomi are weakening, and confidence is insufficient. Unless a large amount of funds enter the market, it will not be able to support the downward trend at all.

Even if a huge amount of money comes in to cover the bottom line, it will face the risk of being temporarily stabilized, but the follow-up is unknown.

And obviously, in the case of such major bad news, there is no capital that will recklessly spend money to buy frantically to save the market.

"Do you think that Eric Cohen of Blackstone Capital is sick? Seeing that we bought short, they have to intervene." Lin Xiao laughed.

After Lan Yumo heard Lin Xiao's words, a sly look appeared in his usually cold eyes:
"What's the bottom price in your heart? What do you think if we wait for Blackstone Capital to list at the lowest price and buy the stocks they listed to return to the platform?"

Hearing Lan Yumo's words, Lin Xiao's eyes narrowed slightly. After looking at Lan Yumo's still cold expression, he suddenly wanted to say something.

Fuck, so cruel.jpg.

Then, he was tempted!

Two days ago, Future Investment chose to buy short, and then lent stocks from the platform to sell online, and almost most of them were bought by Blackstone Capital.

Even in order to increase the stock price of Inktomi, Blackstone Capital bought it quickly, and the price was slightly higher than the actual stock price at that time.

It is because Blackstone Capital believes that Inktomi will definitely rise, and they will definitely make money.

In the current situation of Inktomi's sharp drop, Blackstone Capital has only two options, one is to sell at a low price and stop the loss in time, and the other is to let go and wait to see if the stock price can rise back.

However, Lin Xiao speculates that there is a high probability that Blackstone Capital will compromise, throwing away part of the stop loss, and then saving part to wait for the future to see if there is a chance to make up for this loss.

And it would be interesting to buy the Inktomi stock sold by Blackstone Capital and return it to the platform. This is equivalent to that Blackstone Capital bought what I sold at a high price, and Blackstone Capital provided what I wanted to buy at a low price.

In this wave of operations, most of the money I earned was lost by Blackstone Capital!

Thinking of Eric Cohen's high-ranking appearance in the hotel a few days ago, and thinking that his plan to make a little money was almost disrupted by the other party, Lin Xiao immediately asked Lan Yumo:
"That's fine, come and don't reciprocate!"

"However, we still need to wait for Inktomi's share price to fall a little lower."

"Of course!"

After speaking, Lin Xiao and Lan Yumo looked at each other and smiled.

Inktomi's stock price will naturally fall, which Lin Xiao is absolutely sure of. Naturally, it is impossible to absorb such a major disadvantage in half a day.

Facts have also proved that this is the case. Inktomi started another plunge mode that afternoon.

Continue to explore from 225, and when the market closed, the stock price directly fell below 220 yuan, closing at 213.8 yuan per share.

During this process, the transaction volume was still pitifully small, so although Blackstone Capital also listed a low price, it hardly sold much.

The news that Google replaced Inktomi as Yahoo's search service provider, after more than half a day, also had a wider spread and greater impact.

On the one hand, Google's visits have surged, on the other hand, everyone has expected that Inktomi's stock price will face a continued decline.

The fact is exactly the same. In the morning of the second day, Inktomi directly opened the market at 207 yuan, and the stock price plummeted all the way, with no end in sight.

It stands to reason that Inktomi still has a very good market share after all. After falling to a certain level, it should usher in a wave of relative stability.

However, in the afternoon of the next day, the Nasdaq index, which had rebounded after a round of decline, suddenly turned around and fell.

At this moment, the Nasdaq index ushered in the second decline after the bubble!

Correspondingly, it is another collective plunge of Internet concept stocks!
This major bad news completely disappointed investors who had expressed concerns about Inktomi.

As a result, Inktomi, as the leading search engine, also started its crazy decline as the leading goose.

182.7 million yuan, just one day, Inktomi's share price fell by more than 40 million yuan.

Even if the price of this stock price is set aside for the crazily rising stock price promoted by Blackstone Capital, based on the 228 yuan when Lin Xiao entered the market, the price has dropped by nearly 20%.

This is undoubtedly a heavy blow to Inktomi's stock price, which has only fallen by 30% in the previous few months.

What makes stock holders even more desperate is that no one knows what kind of data will be ushered in in the next two days.

The two-day market break on the weekend gave Inktomi investors some respite, but the hopeless waiting made them even more desperate.

Another Monday came, and the market quickly gave an answer, 151.2 million yuan, which was the closing price of Inktomi after another day passed.

Compared with 228 yuan per share, the price of Inktomi has fallen by 34%.

132.7 meters, 128.6 meters...

In the next two days, Inktomi's share price finally began to slow down.

Lin Xiao and Lan Yumo did not sell on this day, because the price did not reach their bottom line.

112.7 million yuan. By the time of the second Thursday, the stock price had fallen to a new low. Inktomi’s market value had shrunk by nearly half. At this time, the trading volume also began to increase. Obviously, this was some users who had previously bought short Start to buy, or some investors start to buy the bottom.

This also includes future investment!
After seeing that Blackstone Capital listed nearly 40 shares for sale at one time, Lan Yumo made a move!

Using the funds originally entered into the margin account, Future Investment bought all the nearly 40 shares held by Blackstone Capital!

Close!

(End of this chapter)