legendary trader

Chapter 815 Chapter 816
During the four trading days of this week, Enron's stock price continued to plummet unbelievably, with a cumulative drop of 33.26%, and a direct loss of 13.11 yuan.

And on Friday, the last trading day of this week, almost all investors who hold Enron stock are pessimistic. They only hope that the pace of stock price decline can be slightly slow, and don't fall so sharply. It looks too uncomfortable.

For those investors who don't hold many stocks, some have already closed their positions and left the market, while more people are still hesitating. After all, they have lost so much and they are a bit deep.

When Enron's stock price fell before, it seemed to them only a short-term phenomenon. Even if there were some bad rumors at that time, they didn't take it seriously for a while, but this slack has led to the bitter fruit now.

Enron's stock price has continued to fall until now, which is no longer acceptable to them. They only need a rebound, even if the stock price cannot protect themselves, they only need to reduce losses.

This is the true portrayal of these mentalities now. They have chosen to give up, but there is still a little thought in their hearts, hoping that the stock price will rebound once, and they will be given a chance to leave the market during the rebound.

And some people on Wall Street in York City, the United States, are conducting a conference call in different buildings and different offices at this time.

"I suggest to follow the previously discussed operation. We don't have time to delay. The China Securities Regulatory Commission has already paid attention to this matter, and it won't be too long."

"I'm just worried that if we start now, what will happen to the short sellers? Once they attack us from a high position and hold us back for a while, as long as we can't withdraw for a few days, they will all fall into it."

After the two people finished speaking quickly, the voice in the microphone began to be noisy, and many people began to speak at the same time, and the result was that no one could hear what they were saying.

"bang bang bang"

The sound of slapping the microphone three times in a row interrupted everyone's conversation, and everyone consciously quieted down. Although the people participating in this meeting belong to different companies and have no subordinate relationship with each other, those who dare to slap the microphone at this time, It must be one of the people in this group who has a lot to say.

"I have already contacted Jim, and the Knicks Fund will not suppress the stock price by hand."

After all these noises quieted down, a mature female voice came out of the microphone, "But we can't let our guard down. Hearing what he said, there seems to be someone other than his company shorting Enron's stock, and the movement seems to be more serious than that." They are still big, but the other party shorted through many small accounts, so they can't find out."

"Then what should we do? If we want to leave the market, we must create a strong rebound in the stock price and attract more buying orders to enter the market, otherwise everyone will not be able to escape."

"Damn Kent, he kept saying that he had no chance to reduce his holdings, but he took the lead yesterday."

"Damn it, you still say you want to advance and retreat together"

The voice became chaotic again, and these people in the meeting kept saying something, but no one could hear who was talking.

When they were meeting, the rice stock market had already opened, and Enron's stock price continued to open lower, opening at 26.09 yuan.

With the start of trading, large and small sell orders entered the market again, and Enron's stock price quickly fell below 26 yuan and continued to drop.

At this time, Chen Fan was sitting in front of the computer staring at the Enron stock price chart on the computer screen, still thinking about the plan he didn't come up with in the early morning.

Now that Enron's stock price has given a relatively large room for rebound, what Chen Fan is more worried about now is that the bottom-hunting funds have not entered the market for a long time. He knows that the stock price is going to rise, but what he sees is that the stock price is still falling. There is more and more room for profit.

Originally, it had nothing to do with Chen Fan to make quick money on a rebound. He can only make money if the stock price falls. However, he is still worried about the size of the funds that can be attracted to enter the market if the rebound space is large enough. Well, Enron is a blue-chip stock. This is because Enron's stock has a large market value, which is enough for many institutions to participate, because it can absorb a lot of funds.

Of course, Chen Fan didn't know what a group of fund managers on Wall Street were discussing. At this moment, in order to maximize profits, he was thinking about how to minimize the risk of stock price rebound.

At this time, Enron's stock price has fallen to around 25 yuan, and it is about to fall below this position. Chen Fan decided to take a risk. Even if this operation fails, Enron still has room to rebound. At least such an operation may disrupt the other party's deployment. .

"Lin Hong, immediately buy 1 million shares of Enron stock and raise the stock price as high as you can."

Chen Fan suddenly shouted to Lin Hong, maybe he didn't notice it himself, the voice was a bit loud, and everyone in the room heard it.

Lin Hong was still surprised by the instructions he heard, and turned to look at Chen Fan, hoping for further confirmation.

As the commander of the short-selling side, at this time they issued an order to buy stocks. You must know that they don't have any short-selling orders that need to cover their positions. Why buy stocks?

Provide what Chen Fan said, and try to raise the stock price as much as possible.

"Do as I say."

Chen Fan saw that Lin Hong turned his head to look at him, but did not issue trading orders to the traders below, and suddenly became a little unhappy, and his voice was not as friendly as before.

Lin Hong confirmed that there was nothing wrong with his ears, he looked away at Chen Fan, and quickly began to deploy.

Soon, the three traders next to them received the trading order and began to quickly type the keyboard to issue the buy order.

When Enron's stock price fell to 25.13 yuan, and no one thought that the stock price could rebound, the style of Enron's stock market suddenly changed, and tens of thousands of buy orders appeared in succession, quickly sweeping up the selling orders at the selling price above. Scattered volume becomes dense.

With the increase in trading volume, Enron's stock price began to rise rapidly. After changing the previous weak trend, the stock price trend line showed a 45-degree elevation angle and began to rise.

After placing more than a dozen buy orders in a row, Enron's stock price was also pulled to around 25.48 yuan, and the upward selling orders gradually started to fight.

"Continue, the big orders are swept away, and the orders below that have not been filled are withdrawn."

Chen Fan spoke very quickly as he ordered.

Although there were more than 80 buy orders in the big market before, only more than 20 shares were actually traded, and there were still a large number of buy orders listed below, which Chen Fan could clearly see from the background data.

He didn't want to put up a buying order of 100 million shares and be done with it, nor would he be fooled so easily.

The selling orders of about 25.5 shares near 30 yuan were quickly eaten up, and then the buying orders continued to attack, constantly sweeping away the selling orders above, and Enron's stock price continued to rise.

In just a few minutes, nearly 60 shares of Enron stock were traded, and the stock price also rose to 25.9 yuan, and more than 26 shares were sold at 20 yuan.

However, there are still more than 26 selling orders at several prices below 40 yuan. To buy up, you need to buy about [-] shares.

When Chen Fan saw this, he couldn't help but frown slightly. He didn't expect that there would be so many selling orders at 25.5 and 26 yuan. He only saw a few orders at the selling price. They were not big, and the big ones were only two. Thirty thousand shares, so he thought that 1 million shares would make the stock price turn green, but now it seems that he thinks too much.

"Continue to buy, and the target must reach at least 26."

Chen Fan noticed that the speed at which traders placed orders had slowed down. He speculated that it might be because the number of shares traded was close to the target he set, so he started to slack off, so he did not hesitate to issue new orders.

Since we want to make a rebound, naturally the stock price should be as high as possible, and the stock price must rise at the last time.

The new order actually told Lin Hong and others that the number of 1 million shares mentioned before was useless, and now he only wanted the price, and it had nothing to do with them as to how many shares to buy.

"buy."

Lin Hong understood what Chen Fan meant, and immediately spoke to the three traders.

More than a dozen consecutive buy orders entered the market, and the selling orders around 26 meters were not wiped out, and then the stock price maintained the previous upward angle and continued to rise.

When the stock price rose to 26.31 yuan, scattered buy orders began to follow up, but the number was still very small.

After all, anyone who opens the daily chart of Enron's stock price will be intimidated by Enron's recent stock price trend, and only a few speculators who think that their level of speculation is high dare to try their hand at this stock.

There were no more buy orders to follow up. Although the number of selling orders on the market had decreased a lot at this time, the stock price has risen to the present, and the number of stocks bought has already exceeded the amount of 1 million shares that Chen Fan originally imagined.

26.37 yuan. At this time, the three traders on Lin Hong's side had bought 126 million shares. Just now, after the stock price exceeded 26.31 yuan, their follow-up actions stopped, and they were waiting for Chen Fanxin's order .

The 6 cents raised by the stock price was also pushed up by those few follow-up buying orders. In fact, there were selling orders at only two prices. Therefore, their stop buying action did not seem so abrupt.

"The purchase order above seems to be much smaller."

Chen Fan said such a sentence suddenly, and Lin Hong understood a little bit, probably saying that the selling price on the 26 yuan seems to be much less than that on the 25 yuan.

In fact, Enron's stock price already has the ability to rebound. It could actually stop falling at around 30 yuan before, but it is a pity that some institutions reduced their positions, which directly killed the possible rebound.

After Chen Fan finished speaking, he didn't waste any time. He just paused for a moment and continued: "Continue to buy, push up the stock price to 27 yuan, and then let go and let the stock price go by itself."

Finally, he understood what Chen Fan was thinking. Although he didn't understand, Lin Hong felt that he understood a little bit.

This is often used when they operate in the past, it is a test, to test whether a stock can be operated, and the impact of the rise and fall of the stock price on the trading order.

Although I still don't know what Chen Fan's plan is, it doesn't prevent Lin Hong from operating according to Chen Fan's wishes. At least now that he knows where to complete the task, it is easier for them to accept than asking them to buy 1 million shares of stock. many.

It still maintains an upward trend, continues to push up the stock price along the trend, and sweeps out some sell orders without hesitation. As for the pending orders above, it is not only they who are buying at this time, but also the small amount of funds that followed the trend and chased them in quickly. Divide food.

It didn't take long for Enron's stock price to reach around 26.8 million yuan
"Now the market's self-organized rebound has started. I have already said that this stock has a strong rebound momentum. We only need to release the suppressed long-term passion. It is still easy for us to short-term speculate."

"This fund is not good. Although the upward channel is maintained, I felt that they were going to give up a few times before."

"It should be because of the decrease in sales orders above that it persisted. The institutional power is not very good."

There was another burst of chatter.
"Enough is enough. The market has given us enough inspiration. According to the previous discussion, is there any objection?"

It was still the mature female voice, asking loudly, and from her unhappy tone, it could be known that she had been annoyed by those people a while ago, so her tone of speech was not good.

"agree."

"Then take a gamble."

"I'm OK."

People kept saying yes, but then they started talking about risk again.

"Okay, everyone, stop talking, let go of the trading authority, and let the people of Augustus operate. We will do it after the funds retreat."

Enron's stock price finally rebounded decently after falling continuously, but just like last time, it still failed halfway.

After Enron's stock price reached 26.93 yuan, long orders dried up, and the main bargain hunters obviously found that there were too few follow-up orders, and they could no longer continue to push up the stock price. Enron's stock price didn't even have the courage to hold on for a while. Turned around directly, and soon the stock price fell back to near yesterday's closing price.

But the resistance here is obviously weak. It was only a symbolic struggle with a few purchase orders, and then the stock price fell below this point, and the market instantly turned red, like the color of blood.

The stock price of Enron continued to fall, and soon fell below 26 yuan. At this time, Lin Hong looked at Chen Fan anxiously, waiting for new instructions.

After the buying stopped before, Enron's stock price fell rapidly. Although the selling orders in the market did not increase violently, even such a small selling order directly smashed the stock price down.

Now they hold more than one million shares of Enron stock. Although there is a previous securities lending order, the loss is very small for them, just a little less money, but it still makes Lin Hong very uncomfortable.

Why earn less when you can earn more?

As soon as the stock price fell, Lin Hong proposed to backhand sell the stocks he bought, but Chen Fan directly refused, and just asked him to wait, as if a large amount of money would enter the market to sweep up the goods at any time.

My God, do you still imagine that big money will enter the market to buy bottoms at this time?
With the current situation of Enron, even if someone is really interested in the company, the interest may not be in the stock price, but in the high-quality assets held by Enron.

Lin Hong could only sit there, watching Enron's stock price continue to decline, from green to red, and then fell below 26 yuan, and the lower 25 yuan did not seem to be such a secure line of defense.

(End of this chapter)