legendary trader

821 Chapter 822 Trial
If the group company wants to enter the board of directors of Enron Company, the stocks in hand are naturally indispensable. There are indeed two reasons for suspending the purchase of Enron shares before. One is that the stock price is too high. At that time, because of the high growth of Enron Company, the market gave The valuation of the company is obviously high, and the second reason is that the group company is indeed short of funds.

The Southern Investment Group is indeed a big company with huge assets, but naturally it took a lot of money to acquire these assets.

In fact, large companies like this seem to have huge assets, but their shortage of funds is no different from those of small companies.

In the past, their trading team was able to spend 5 funds to enter the market to operate Enron stock because they made a lot of money in the Nasdaq market, especially after the rice stock market peaked and fell back, when the rice stock market was in a downturn as a whole Under such circumstances, Enron stock still maintained an upward trend, and was not affected by the plunge in technology stocks at all.

But this is not surprising. In fact, in the process of technology stocks falling in turn, those blue chips on the York City Exchange still go their own way, and those that should rise continue to rise without any change at all. This is also the reason why the Dow can maintain its high level one of the reasons.

The bubble in the rice stock market is mainly in the NASDAQ market, that is, technology stocks, and the blue chip stocks really have little impact. Although there are a small number of stocks with high valuations, they are only a minority after all, and their impact on the market is limited.

At the beginning, they only invested less than 3 million yuan, because there were indeed only a handful of stocks that could rise in the market at that time, and Enron was one of them they found, and this stock was suitable, and it could completely drive their group All funds that can be operated are put in.

It was only after the investment that the group gradually began to intervene. Of course, it was good at the beginning. They kept allocating funds, and even mobilized funds from other trading groups. They all asked to buy Enron stock, and used 8 million meters back and forth. I bought 1 million shares for 5 million yuan at a cost of nearly 57 million yuan.

This sum of money was already a huge sum of money, but after that, especially after Enron's stock price began to fall, the disadvantages of the group company's slow operation and unresponsiveness were fully revealed to them.

Fortunately, this time seemed to be an opportunity to buy the bottom of Enron's stock. The group company finally did not miss it. After two consecutive meetings, they finally allocated a sum of money. Now, they are buying Enron's stock like crazy.

According to their estimation model, the reasonable price of Enron stock should be around 60 yuan, and it is still very cost-effective to buy at the current price.

"The amount of selling in the market is kind of weird."

While the glasses team leader was still supervising the battle behind the trader, a trader suddenly said a little puzzled.

Yes, Enron's stock price trend is good today, the only exception is the market turnover, today's turnover is not usually large.

When it rebounded in the past few days, the market trading volume was enlarged. When the market fluctuated sideways in the first two days, the trading volume shrank very little, which shows that the market is very active in changing hands, and new funds seem to be very determined to enter the market.

But today, the main force of the market is obviously going to increase the stock price, but the selling orders on Enron stock have not decreased at all. It is necessary to ship in such a hurry.

Hearing what his trader said, the head of the glasses team certainly would not ignore it, but stood firm and began to think.

In fact, he has already noticed the trading volume today, but it is normal for the trading volume to increase at the beginning of the pull-up, but until now, the trading volume has not shrunk significantly, and it does reveal a little unusual.

This time, the group company raised 5 million yuan of funds, intending to acquire more than 1 million shares. Although they still can't get 5% of Enron's shares, 3 million shares are not too small among Enron's shareholders. Yes, at least there is a good chance of occupying a seat on the board of directors.

If you can get your hands into Enron, the follow-up will be easy. Whether to continue to increase the stake or everything has a basis.

But up to now, their team has only bought more than 4 million shares and spent hundreds of millions of yuan, but the trend of Enron's stock is a bit weird.

"What's your opinion?"

The leader of the glasses team was also a little uncertain, and casually asked his traders: "Isn't the current trading volume a bit strange?"

Hearing the team leader's question, the traders all paused what they were doing, and Qi Qi turned to look at him.

Finally someone still said: "I don't think it's very normal. It stands to reason that the trading volume should be shrinking now."

Afterwards, some people also opened their mouths, all showing a little doubt about the current trading volume that has not shrunk, feeling that the market trend is wrong, and there are too many selling orders, which is a bit beyond the reasonable situation.

"Facing Enron Shareholders in the Analysis Report"

Just when everyone in this trading room started discussing the unusual trading volume on Enron's disk, Chen Fan planned to make a move. Although it was very sudden, at least among the traders, no one thought that Chen Fan would make a move at this time, and The direction remains the same.

"Lin Hong, throw out all the stocks you bought earlier, aiming at 34 yuan."

Chen Fan suddenly spoke to Lin Hong.

Now Enron's stock price has risen to 35.03 yuan, and the pile of buy orders below is close to a million shares. Their less than 2 million shares will definitely not be able to sell, but what Chen Fan actually means is to sell all the stocks at once. Of course, he doesn't expect to be able to smash the stock price down.

"Smash it out?"

Lin Hong looked at Chen Fan hesitantly. This order seemed to be quite different from the order more than an hour ago.

"Smash it all out, hurry up, use a big list, don't be afraid of any impact."

Chen Fan explained carefully.

Looking at the firmness revealed in Chen Fan's eyes, Lin Hong knew that he couldn't change anything. Although he felt it was sudden and unreasonable, it didn't matter what the boss ordered him to do, and he didn't care if something happened.

Quickly assign the tasks, Chen Fan has been paying attention to their actions, and after seeing that everything has been arranged, Chen Fan said impatiently: "Let's start, don't wait."

At this time, the buy orders on Enron's market have begun to shrink, and it seems that most bullish investors have already jumped in. Chen Fan intends to take advantage of this gap to buy a market to see if he can stop the follow-up of follow-up buy orders.

When Enron's stock price was soaring before, it didn't dare to smash it. God knows how many more buy orders will be left behind. Now that the stock price has soared to around 35 yuan, it is obviously blocked by selling orders. Although it is still rising, the rate of increase has slowed down greatly. It's time to smash the plate.

As soon as Chen Fan finished speaking, Lin Hong immediately ordered the trader under him, "Throw it out."

Then, the originally quiet trading room became lively, and the sound of crackling keyboards sounded quickly. They all entered the state and began to frantically sell stocks in response to the buy orders below.

A few seconds after Chen Fan gave the order, in fact, both Lin Hong and the traders probably understood what Chen Fan meant, and they were thinking about trying to see if they could drop Enron's stock price again. It was normal, but after the stock price rushed to 35 yuan, the trading volume in the market became incomprehensible.

Although I can't understand it, but go up and try it yourself to see what the quality of the bulls below is, this operation is still possible.

Yes, the traders in the room are also a little skeptical about the huge buy orders displayed on Enron's board.

In less than ten seconds, the traders all sold the allocated stocks, all of which were large orders. Each person only placed two or three sell orders, and Enron's stock price was smashed by 35 yuan. It reached 34.97 yuan, and the significantly reduced buying orders below were also revealed.

Previously, the buy orders at several consecutive price levels were as high as hundreds of thousands of shares, so they all felt that there should be a lot of buy orders piled up below. There were no buying orders of hundreds of thousands of shares, and it seemed that the huge buying orders above were all to cover up the slightly empty price below.

Of course, this doesn’t really mean anything. Maybe investors see that the stock price has risen, and they feel that it is impossible to make a deal, so they all withdraw the purchase order at the purchase price below.

However, the empty price below still made everyone in the room feel something. This was manipulated by someone, and it was to deceive those short-term funds that were watching the market.

The time for Enron's stock price to fall was very short. Almost instantly, the buy order below was placed, and then the stock price returned to above 35 yuan, and the market transaction was still active.

"It's really a bit abnormal."

At this time, Lin Hong suddenly spoke.

"Hey, what's going on?"

The head of the glasses group was still calling his traders to discuss the current situation of An Ran, when suddenly someone was surprised.

"what's up?"

Hearing the sound, the glasses team leader looked for his reputation and looked at the trader.

"I seem to have seen a series of sales orders breaking through 35 yuan just now. It is indeed, and it is in the transaction details."

said the man.

"Occasionally, it is normal to have large capital shipments."

The glasses team leader chuckled and shook his head, not feeling any surprise.

"No, I just saw that the purchase order below is empty."

said the trader.

While speaking, most of the traders had already turned their eyes back to the computer screen, but in front of their eyes, the stock price did drop a bit, but there were still a large number of buy orders in the buying price.

"No, I looked over when you were surprised, and I didn't even look at the empty buying price. There are a lot of buying orders on it."

Someone said puzzledly.

"Just drop it, and then pay the bill and put it up quickly."

The trader immediately explained.

"you sure?"

Ignoring the chatter of other traders, the glasses team leader asked that person.

But at this time, the trader also hesitated a little, maybe he was recalling whether he was blindsided just now, but later the man still said with certainty: "Sure, when I just dropped it, what I saw was Most of the buy orders below are only a few thousand or tens of thousands of shares, which are not big, but the buy orders enter the market very quickly."

Seeing that the other traders seemed to be talking again, the head of the glasses clan waved his hand to signal everyone to stop talking. After thinking for a while, he said: "Trade is suspended today, everyone take a rest."

After finishing speaking, he turned around and took out his mobile phone to dial out, while the traders behind him continued to discuss the topic just now.

"Mr. Chen, it seems that someone is manipulating today's transaction, and it seems to be trying to lure more."

After Lin Hong was silent for a while, maybe he had thought it over before speaking again.

Chen Fan didn't answer immediately when he heard the words, but looked at the other traders, who nodded slightly. At least he didn't see any obvious objection. , wait two days and see what happens."

Now that the stocks in their hands have been thrown away, of course they can still sell the stocks short, as long as they buy the stocks to cover their positions within three days, but Chen Fan doesn't want to operate any more. It seems that the trend of this period is a mystery. Can't figure out what's going on.

Although Enron's stock price is still fluctuating at 35 yuan, but looking at it now, the stock has no brightness and no room for growth, so why worry about it.

I have as much as a month to correct my mistakes. Even if I see Enron's stock shining brightly again, I will just arrange for them to cover their positions at that time, and I will not suffer a loss.

Chen Fan didn't plan to trade anymore. Although he didn't let the traders go back to rest, he still let them watch the market. Of course, he didn't need it.

After finding a reason, Chen Fan left the trading room. The stock price will not rise sharply tonight, just sleep and watch the market close.

It was around fifty o'clock in the week when Chen Fan got up. After getting out of bed to wash, he didn't go to eat breakfast. Instead, he went directly to the study next door to turn on the computer, and took a look at the closing price of rice stocks in the early morning.

There was no trouble, and then the market gradually weakened. The stock price finally closed at 34.65 yuan, an increase of 1.7 yuan, or 5.16%. The trading volume that Chen Fan paid more attention to reached 4 million shares. Nearly 1 billion yuan, creating a recent high-volume transaction.

Judging from the daily trend of Enron, if the chart is enlarged, there will be a low-level and heavy-volume rise. This is a very good trend, if other factors are not considered.

"It seems that we will have to wait until tonight to find out what happened."

Chen Fan used his ability to look at Anran's current situation. The brightness has increased, but it is very weak. According to previous experience, Anran's stock price will not exceed 35 yuan, because the brightness is almost negligible, and it is too weak. .

I didn't go out in the morning, and only went to the company in the afternoon. Now that my daughter-in-law has gone to Oulu, I should go to the company often in principle. Zheng Xiaopang goes to the company every day, but he got involved in the business after entering the company. In the office, Maojian shares are still being operated there. Although there is no big move, it is suppressing the stock price to prevent it from rising.

After answering some calls and making a few more calls, I made arrangements for the weekend. After staying at home for a long time, it's time to relax.

Che Xiaoya is in the imperial capital now, and Lin Qingyu is out of town, but she should be able to come back tomorrow afternoon, just for some business activities.

At around 8 o'clock in the evening, Chen Fan had already arrived at Oak Tree Capital, ready to work for tonight.

(End of this chapter)