legendary trader

Chapter 274 Chapter 273 Selection of Personnel

Netscape's stock price trend has been very strong in the past two days, and the increase has been considerable.

At present, although Mi Online has announced that it intends to discuss the acquisition with Netscape, but because Netscape's management and major shareholders have not expressed their views, the market has only increased attention to Netscape, and the funds for large-scale entry There are not many, and most of them still treat this acquisition with the mentality of picking up cheap.

Because the willingness of funds to enter the market is not strong, it gave Chen Fan a good opportunity to attract funds.

With the stop of pushing up the stock price, Netscape's stock price still fell slowly under the pressure of many rallies to reduce positions.

However, because many investors have already known the announcement of Midland Online, most of them are still tracking the further development of the situation, so there are not many investors who really sold a large number of stocks, and most of them are still waiting and watching. answer.

Netscape's stock price didn't fall fast. By 1 o'clock in the morning, the stock price was still around 19.6 yuan, although the traders at Chen Fan's side had been taking small orders from the market.

Soon, Xu Jing's cell phone rang again.

Xu Jing glanced at the number and immediately picked up the phone. When she hung up the phone, she said to Chen Fan: "Netscape has already given an answer, and they are willing to contact Miguo Online. The news just now comes from the company's management. The source also said that Netscape's major shareholders have held a conference call to discuss and approve the sale of Netscape."

"Then the rest is to gamble on the details of the transaction, isn't it?" Chen Fan shook his head with a smile, "Continue to absorb Netscape's stock, I don't believe those people will sell the company at a low price. Moreover, the high-tech concept in the United States is currently hyped very enthusiastically. I believe that MOL will pay a good price for Netscape."

"Maybe, let's take a gamble, I hope Miguo Online will be more generous, haha" Xu Jing laughed cheerfully as she spoke.

Afterwards, Chen Fan assigned the only job to the two traders, which was to collect stocks as much as possible, and to use multiple accounts to accumulate funds to avoid being targeted by others.

Because there are not many investors who are willing to enter the market to buy stocks above 19 yuan, Chen Fan and the others can buy stocks calmly. So far, nearly 19% of the stocks traded above [-] yuan have entered their accounts .

Although from time to time during the session, small funds suddenly exploded and pushed up the stock price a bit, Netscape's stock price was generally fluctuating and falling.

At the close of the day, Netscape closed at 19.42 million yuan, up 1.56 million yuan, or 8.7%.

Because he stayed at Oaktree Capital until the rice stocks closed, when the market ended, several people yawned and went out, Chen Fan said to Xu Jing again: "Sister Xu, please keep an eye on the negotiations between the two parties, try to Let’s see if we can get something deeper.”

Xu Jing smiled wryly and shook her head and said, "These things are not so easy to deal with, you basically don't have any expectations."

Chen Fan just smiled helplessly. He knew the difficulty in this, and if he really got the information, once it was leaked, according to the laws of the United States, he would be jailed.

Of course, there are quite a few people who do this, and no one would simply keep the evidence, so there are many such insider transactions, but very few of them are actually brought to court.

It was almost noon when Chen Fan got up in a daze. He didn't sleep well this time, because he was still thinking about the progress in the United States and the recent exchange of shares in Bodao.

Yesterday noon before boarding the plane, I received a call from Zhang Yang. When the stock price of Bodao shares was suppressed to 10 yuan, it seemed that new funds began to place orders below to protect the market. He also checked in the afternoon, and there was no sign of protection. Obviously, the final closing price of Bodao shares was also lower than this price, closing at 2 yuan.

After washing up briefly, after eating something, Chen Fan turned on the computer in the study to watch the trend of Bodao shares in the morning.

Bodao shares have launched several small upsides in a row. After breaking through 11 yuan this time, the stock price began to fall shortly after breaking through [-] yuan. Chaofan Investment took the opportunity to sell some stocks. According to Zhang Yang, it seems that it has not covered the position yet the meaning of.

And this morning, the stock price of Bodao shares fell below 10 yuan due to the decline of the market, and the lowest reached 9.92 yuan. The financial pressure on the market is very high, because the market has always been in an endless trend of ups and downs. Although the cumulative decline is not large, the downward trend has already formed, and the pressure on investors will be very high.

Chen Fan looked at the transaction details of Huibo Island shares and felt that there was no obvious sign of funds entering the market to protect the market. After thinking about it, he called Zhang Yang and told him that after the market opened, if there is no support for the continued decline, then the Enter the market at the previous lows to protect the market, create a double bottom, and try to ensure that the stock price cannot hit a short-term new low. Even if the double bottom cannot be made, the trend must be maintained sideways, waiting for the mid-to-long-term moving average below to move up.

Looking at today's news on the Internet, Chen Fan was surprised to find that the screen was full of news about the acquisition of MOL and Netscape. The arguments were very consistent, a strong alliance to create an Internet giant, and even claimed that if the transaction is completed, MOL will once again A giant technology company emerges Yunyun
Chen Fan was a little surprised by the sense of the editors of these domestic websites. What happened last night, the news hype started in less than 12 hours.

Surprised, Chen Fan went to the living room to find the newspaper he found today, and sat on the sofa to read it slowly.

After flipping through several newspapers in a row, but did not see any reports on this acquisition, Chen Fan began to fall into deep thought.

He already felt that when the paper media and websites deal with current events and news events, the timeliness of reporting has become a major disadvantage of the paper media, and it is completely unsolvable.

For the website only, the latest news after review can be released at any time for readers to see, while paper media needs to be edited, typesetting and printed before being distributed to newsstands for sale. Only then can they face readers. The time gap between this is too much big.

Chen Fan recalled the conversation on the phone with Liu Ying. Liu Ying said that she had arranged for someone to screen the second-rate newspapers on Europa, hoping to find a breakthrough and take down a middle-tier newspaper first.

But at this moment, Chen Fan began to reflect on the question of whether it is necessary to acquire a newspaper. Although reading news online is not a hardware problem, such as the need for a network cable, a computer, etc., the time and place for watching news are also limited. Unlike newspapers, just a few sheets of paper, you can read them on the way to and from get off work, or squat down to read them
But news is about timeliness. In other words, comparing the advantages and disadvantages of paper media and websites, if you want to see the latest news, then the website is definitely the first choice, although the authority is a little bit less, and the reports lack depth, most of them are superficial. on the surface.

But if you think about it carefully, these so-called problems are actually easy to solve.

Because online news is still a relatively new industry, most of the editors are former editors of newspapers and magazines who have changed their careers. Of course, there are also some fresh graduates who have entered this industry. The website has a lot of resources for journalists.

According to the news that Chen Fan saw, most of the news released by many websites collected articles from newspapers and periodicals in the market, and only a small amount of real-time news was originally produced by the website.

Thinking about it this way, it seems easier to succeed by acquiring a newspaper and building a news website on the basis of the newspaper. After all, the newspaper has editors and journalists in its hands.

Chen Fan quickly dismissed his plan to discuss with Liu Ying about canceling the acquisition of the newspaper. He thought about buying a small newspaper after she got it done, and then building a news website based on the newspaper. It not only sells newspapers but also provides online news. Grab both online and offline.

Looking at the time, the stock market has already opened. Chen Fan returned to his study and continued to watch the trend of Bodao shares.

After the market opened in the afternoon, Bodao shares continued the trend before noon, and continued to trade sideways below 10 yuan. Chen Fan stared at it for a while, and found that there was indeed a certain support for the downside, and the stock price seemed unable to fall.

But because the buying price below is not large, Chen Fan is not sure whether he really has the funds to start operating in succession to protect the market, so he has to wait and see.

When it was almost 2 o'clock, Bodao shares had been trading sideways below 10 yuan for more than an hour. Chen Fan could be sure that there were indeed funds operating below, otherwise there would be a wave of relatively violent killings in the market for more than an hour. In the falling market, although there were a lot of selling orders in the same period, the stock price of Bodao shares firmly held the intraday low of 9.92 yuan, and did not hit a new low.

The funds entering the market this time seem to be waiting for the market to pick up. It is still very laborious to raise stocks against the trend. The funds that were raised last time were forced against the trend. As a result, the stocks did not move much higher.

However, through these operations, Chen Fan has roughly figured out that the current funds on the market seem to have had enough bottom positions, and he does not intend to continue to increase the positions significantly, so he is very restrained in raising the stock price, playing the trick of rolling up the stock price.

Now that new funds came in to protect the market, Chen Fan picked up his mobile phone and dialed Zhang Yang, intending to ask the company if it would start to take back the chips thrown at high positions.

Although Chaofan Investment is limited by its position, it is impossible to increase its position in Bodao shares by a large amount, but the bargaining chip in hand must be guarded. It cannot be released at such a cheap price. Even if it is released, at least the Bodao shares must be confirmed It is only possible to do so if the development of the mobile phone business does not meet expectations or if it encounters a strong competitor in the market.

Soon the phone was dialed, and Zhang Yang said on the phone: "We are covering the position with a small order, when?"

Hearing Zhang Yang's words, Chen Fan choked up. Zhang Yang's side had already started to cover their positions, so he couldn't ask this question anymore.

Chen Fan's brain turned quickly, and soon he thought of other ideas, "I said Yangzi, did Xiaopang tell you about the selection of traders who are familiar with rice stock trading? How did you arrange it?"

"Speaking of which, I discussed with Brother Ma and found more than a dozen people to play simulated trading every night during this time." Zhang Yang said on the phone.

"I guess you are like this. I gave you this call to ask you about this matter. I mean the amount of 10 yuan per person. Let them try to make a firm offer. When the time comes, let the risk control side pay attention. If you lose 2%, the transaction will be terminated." Chen Fan said hastily, "If you keep doing simulations all the time, you won't be able to practice without any pressure."

"Huh? That's right. You are the boss, so do as you say. I'll deal with the permissions in a while, and tell the risk control side that I'm going to work today." Zhang Yang seemed to agree with Chen Fan's meaning, Say it and deal with it.

"Is there no work at the risk control side?" Chen Fan asked in surprise, "Isn't there a few traders who have started to operate independently, why, have they all lost money and been suspended from trading?"

"Hey hey, guess what." Zhang Yang said with a relaxed smile.

"I guess your sister, tell me quickly, I haven't paid attention to the risk control side, my wife has always been in charge." Chen Fan was a little surprised to hear that the risk control side hadn't been doing any work.

"Those traders mostly do domestic transactions, and Ma Ge and I are usually there, and sometimes they come to us to discuss when they can't hold it, so there is basically nothing to do on the risk control side, and they come to the trading department every day Shaking." Zhang Yang said with a smile.

"Don't tell me, the little sister over there in the risk control team is really pretty, and several of the traders are enthusiastic about it." Zhang Yang was still talking there when Chen Fan interrupted him.

"This is logically not allowed, right? Risk control team members can date traders? Office romance?" Chen Fan asked.

"There is no such regulation. I just didn't say yes or no. I asked Brother Ma, and he said that this matter will not affect it at all. And I think, the leader of the risk control team arranged by her colleague, Sister Liu, to supervise this area There should be no problem." Zhang Yang continued.

"Okay, then you come down and deal with the matter, let them operate the firm offer at night, familiarize themselves with the market as soon as possible, and tell you some precautions for selecting people? Because once selected, they may have to travel for a long time. In this case Maybe I need to tell them about it." Chen Fan brought up the things that came to his mind again, so as not to delay some people's time when some people have family affairs and cannot participate if they are selected.

After hanging up the phone, Chen Fan took a look at the market with peace of mind. The Shenzheng market finally started to pick up after 2:[-] in the afternoon. After successfully bottoming out, it started to rebound slightly.

Bodao shares also followed the rebound and were pushed up by funds, and quickly swept away the selling orders around 10 yuan. There was a wave of rapid upward trend before the market closed, which barely made the stock price red. Obviously, there was a New funds entered the market and began to operate.

It was just when the market was about to close that Zheng Xiaopang got up, went into the study with a pastry in his hand, and opened his mouth and said, "This morning, the representative of Migo and the representative of Netscape had the first contact. The U.S. time is evening. Did you see the news?"

Chen Fan shook his head, "I didn't see it, Lao Liu called you?"

Zheng Xiaopang nodded, "I didn't hear the call earlier, so I just sent a short message, and I saw it when I woke up."

"Can't we make it through tonight?" Chen Fan suddenly asked Zheng Xiaopang.

Zheng Xiaopang was stunned for a moment, "Whatever you want, you have already arranged it. In the past, I watched them attract money. It doesn't matter whether you go or not, but you can receive the latest news over there."

Chen Fan shook his head, "What's the use of the current news? I don't know how long this kind of acquisition negotiation will take. One month is considered fast, and it's not impossible to talk about the first half of the year."

(End of this chapter)