legendary trader

Chapter 833 834 It's time to end
"Hello, Xiao Xu? What's the matter so late?"

Mr. Mu's gentle voice came from the microphone.

The young man with glasses hastily reported the news he had just received to Mr. Mu. At the same time, of course, he also had to bring private goods, and briefly stated the results of their previous discussions with the trading team.

After the voice fell, the microphone fell silent. If it weren't for the faint sound of Mr. Mu's breathing, the young man with glasses would have thought that the other party didn't answer the call and went on to do other things.

Although there was no sound from the microphone for a long time, the young man with glasses knew in his heart that Mr. Mu probably was also thinking at the moment.

The project of investing in Enron Company may be the largest investment project of the group company this year, but it has completely lost control since the beginning of this year. From the beginning, the rumors have caused the stock price to continue to fall, and now, it has been covered continuously. This is more than one billion meters yuan investment projects.

After a long time, a weary voice came from the microphone, "How do you think it should be done?"

In fact, the young people with glasses had already talked about their discussion results before, so they could roughly guess their plans, but they still asked. I was exhausted, and I didn't want to think about it anymore.

"Stay away temporarily, and now the sell order has appeared again on the disk."

Speaking of which, the young man with glasses couldn't help looking at the computer screen next to him. On it was the stock price chart of Enron, which clearly showed that Enron's latest stock price was 22.37 yuan, which had dropped by 0.6 yuan.

"In what position to protect the plate?"

The weary voice sounded again, it seemed that Mu always had accepted their opinion.

The young man with glasses thought about it for a while and then hurriedly responded: "Try it at 22 yuan. Although there are some sales, it's not very strong. If it doesn't work, we can only lower the price."

"Operate according to your wishes, don't think about the previous plan for the time being, make a report, I will read it tomorrow."

"Okay, Mr. Mu, I will do it after the transaction is completed today."

The young man with glasses looked happy. Mr. Mu must have been hit by the continuous bad news from Enron, which had shaken his confidence in continuing to invest. In fact, it should have been so long ago.

Their trading team had proposed it privately before, but it was rejected. Now it seems necessary to prepare to withdraw, although the loss is a bit miserable.

At this time, the young man with glasses began to figure out how to operate in order to exit smoothly.

Think about your battle for fame, and the crazy increase in stock price to attract buyers to follow suit.
The young man with glasses sat on his seat and began to think about follow-up operations, but he shook his head quickly. The rice stock market does not need the domestic market. The domestic stock market has the characteristics of information asymmetry. It is not easy to use in the rice stock market, and the current situation in Enron does not support this kind of operation. It is a short market.

"Boss, Enron's stock price is approaching 22 yuan."

The trader sitting next to the young man with glasses suddenly turned his head and said to him, interrupting the young man with glasses who was thinking about it.

The young man with glasses raised his head and looked at the computer screen, then stretched out his hand to support his glasses, "Hang the order around 22 yuan to protect the disk and try the effect."

At this time, Enron's stock price had fallen below 22.10 yuan. Although the selling orders did not come out quickly, the comparison between the buying and selling orders on the market was very clear at this time, almost 9:1, and the buying orders below were also very small.

However, as more and more buy orders were placed in the market here, the buying orders below also began to grow slowly visible to the naked eye, and at the same time, the active buying orders also increased. Of course, these buying orders all came from this trading room.

The so-called protection of 22 yuan, of course, does not mean placing a large number of buy orders on the purchase price of 22 yuan to prevent the stock price from falling. The sell-offs of the swing investors also let the sombre buyers in to buy the stock.

Enron's declining stock price began to fluctuate. Although it was still falling, it was not like the previous unilateral decline. The intraday stock price began to fluctuate.

After entering multiple buy orders in a row, the situation on the market is also clear. It is useless. There are very few buy orders to follow suit.

The young man with glasses stared at the transaction data for a while, and Enron's stock price had fallen to 22.02 yuan.

Simple mental calculation, if you want to bring the stock price back to 22.1 yuan, you need to buy at least one million shares, which requires more than 2 million yuan of funds. The young man with glasses simply gave up this risky move after thinking about it .

A sudden increase in the stock price may have a little impact on the seller, but it is estimated that the impact will not be large. At this stage, he has no money to conduct such a test.

"The big order smashed down the stock price, and we lost part of the position."

Thinking of this, the young man with glasses realized that it was a bit early to take action to protect the market. Although the previous transaction was completely useless, it is better to cash out a little bit now, and wait for the stock price to fall near the closing price of the previous trading day before resisting.

"Scared me, I thought the bottom-hunting fund would be 22 yuan this time."

Seeing that Enron's stock price fell below 22 yuan, Chen Fan smiled and said to Lin Hong beside him.

"Yeah, if the dealer can really stabilize the stock price here, he really has to be careful."

Seeing that Anran's stock price fell below 22 yuan, both of them relaxed.

"I have no impression of Jeffrey's ability, so I don't know what investors in the US think about it. Zhang Quan said earlier that Jeffrey is still very popular in the US, and his resignation should be very negative for the stock price. Obviously, it could last two to three days."

Chen Fan said casually.

"The helm of the company does play a pivotal role in the company's operations, and Jeffrey has contributed a lot to Enron's take-off. Although he has only taken over the company for more than two years, the past two years are also the best performance of Enron's stock price. good times.

I think that at least there is a chance to test the support of 20 meters yuan again, if the bottom-hunting funds do not strongly support the market this time. "

Lin Hong nodded and answered.

Non-Americans, in fact, most of them are not familiar with the bosses of listed companies in the United States. The ones that everyone is familiar with are often those who lead companies to launch epoch-making products to the market. Jeffrey is obviously not an example.

In the United States, there are many people who know Enron and Jeffrey, because Enron Online, an electronic trading platform created by Enron, has achieved success. Users and traders can buy electricity, natural gas and other bulk commodities on it, and do spot, Forward and swap transactions.

Moreover, due to the free handling fee and the transparency of electronic transactions, Enron Online has successfully gained a foothold, and the transaction volume has continued to increase. It has become a new trading market with huge influence in the United States.

Such achievements are naturally seen by the common people in the United States, and the instigator of all this, Jeffrey, is naturally regarded as a god-like existence. Although Enron Online is also suspected of manipulating prices by some people on the Internet, there is no need for it. Undoubtedly, Enron Online is successful, and Jeffrey's influence is still very high in the minds of Americans, especially among those who invest.

In fact, it is difficult for people in Huaguo to understand the impact of Jeffrey's resignation on Enron's stock price. Zhang Quan only gave the forecast from the US side. After all, he is not familiar with it. If he is an executive of a company in Huaguo, maybe they Risks will be judged more accurately.

When Enron's stock price fell to around 21.6 yuan, today's increase is only 1 percentage point. If it continues to fall by more than 20 meters, Enron's stock price will become red.

It was at this time that the buying orders at the bottom and bottom of Enron's market were obviously thickened, and it seemed that someone had placed a large number of buying orders here to prepare for low buying.

In fact, Enron's stock price has fallen to the present, and the number of active selling orders has decreased a lot. It is only because of the lack of buying orders below that it has been able to keep the stock price down.

Of course, there are still many investors who have made up their minds, withdraw the orders that have not been traded at the top, and re-list them at the low position, looking for the possibility of a deal.

Enron's stock price was supported at the bottom, and under the pressure at the top, it finally stopped falling again.

The trend of stopping the decline this time is much better than the previous 22 yuan market protection effect. At least the stock price is supported. After Enron's stock price fell to around 21.5 yuan, the bulls still have the ability to push the stock price back to around 21.6 yuan. It is no longer blindly passive defense.

And by this time, the time for trading in the United States is also approaching the close. It is conceivable that the most hopeful market close at this time must be the funds desperately protecting the market.

Seeing that Enron's stock price was fluctuating sideways, Chen Fan asked inadvertently, "Should it stabilize?"

Lin Hong just shook his head slightly, it seems that he is not very optimistic that Enron's stock price can successfully build a bottom here.

"Do you think it will fall again?"

Chen Fan noticed Lin Hong's reaction and asked casually.

"The closing can only be confirmed, and perhaps many people are still hesitating."

Lin Hong answered at this time.

"Will the group of people you mentioned stop shipping if you pull the tail end?"

Chen Fan frowned and thought about it, then continued to ask.

"It's hard to say. Americans are generally bearish on a stock and tend to sell it crazy. They should leave the market as soon as possible. After all, there are relatively few individual traders there. Many of them are institutional traders. More often they should It’s about looking at things from a trader’s point of view.”

Lin Hong replied: "It was possible that Enron's institutional shareholders were selling before, and these people who are selling now may be the funds for Bo's rebound. These funds should mainly be investors from institutional investors and individual investors. , the investment teams of large institutions will not enter, and the main force of buying bottoms does not count.”

Sure enough, the consolidation of Enron's stock price above 21.5 yuan was broken in the last 10 minutes, and a group of active selling orders appeared in the market again. Under reasonable selling pressure, Enron's stock price inevitably continued to decline, and soon fell below the purchase price of 21.5 million yuan.

"That's right, we can't force the cap at this time, we can only lower the stock price and pay less money."

Lin Hong commented on the side.

"If you must protect the market, you can only forcefully close the market at the end of the day."

Chen Fan noticed the market situation at the moment, and thought about it for himself as the main force to protect the market. It seemed that the only way to grab the late market was to pay a lower price.

"Well, it's okay, first place more orders at the bottom, collect the buy orders at the low position, and then use the late trading to rescue it."

Lin Hong nodded after thinking about it, "If you must protect the closing price."

Enron's stock price was directly sold to 21.39 yuan in late trading. When it reached this price, the unreasonable sales orders before gradually began to decrease.

As the momentum to suppress the stock price began to weaken, the support funds also started to raise the stock price in a timely manner. Finally, before the closing of the rice stock market, Enron's stock price was successfully pulled back to 21.51 yuan, and the whole day's increase was only 0.14 meters. Yuan.

In Chen Fan's side, after the rice stock market closed, everyone simply packed up their things and went home, but it was different in the trading room of a certain building in the distant city of Guangdong. After the transaction, no one left here, and they might It is to discuss in a low voice with colleagues beside you, or to close your eyes and frown in meditation.

It was so easy to wait until the rice stock market closed, and the young man with glasses left everyone behind. Let me explain what I mean first, and see if everyone has any different opinions.

The results are naturally the same. No one thinks it is a good thing to continue to operate Enron at this time. Although there are some differences on the follow-up operation of Enron, the key point of disagreement lies in the timing of Enron's reversal. The big guys have serious differences in judgment.

Nobody expected Enron's stock price to recover any time soon, and it would take a long downtime to resume the rally.

It's not only bad for the company, it's not good for them, the traders, to keep putting huge sums of money here.

Their main income is not the salary, but the commission after the transaction.

To increase income, you must have a high transaction commission, and to obtain a high commission, transaction profits are obviously more important.

The young man with glasses knew that all the traders here had been bearish on Enron's future trend for a while, and they all hoped to end all this as soon as possible.

"Now there are two questions. One is to clear the warehouse and leave the market. Do you have any suggestions for this operation? I have thought about it for a long time, but I have not thought of how to achieve the best results. I need your opinions now.

The second is that if the liquidation is not smooth, should we cover the position at a lower price, spread the cost, and prepare for the future recovery of Enron's stock price? "

The young man with glasses held his glasses and said, he really lost his temper because of Enron's stock price trend, and he didn't know what to do.

He has already noticed the current situation. He dare not pull. When he pulls up, the selling orders are thrown out rumblingly. It seems that there are no selling orders at the end of the day, but in the end it still leads to a large number of selling orders. , but in order to control the daily chart, they can only grit their teeth and eat this batch of sell orders.

"Boss, you plan to make an operation plan and submit it. Is Mr. Mu willing to end this transaction?"

A trader suddenly raised his head and asked.

(End of this chapter)