legendary trader

Chapter 835 836
Chen Fan came to the trading room and sat down, but his spirit was not very good. The news he just got from Zhang Quan was a blow to him.

At first, they thought that Southern Investment Group bought Enron stock just for financial investment. Now that Enron stock is not going well, they will definitely choose to cut their meat and leave the market or simply wait for the stock price to rise and unwind, but they did not expect that they really want to invest. An Ran also wants to take this opportunity to join the board of directors of Enron Company and intervene in the affairs of Enron Company, which is a bit of a steal.

Now that Enron's stock price continues to decline, it will undoubtedly clear many obstacles for their entry, and the stock price is really too cheap.

Asking himself, Chen Fan felt that if he had made up his mind to enter Enron from the very beginning, seeking a board seat and more rights, the drop in the stock price would undoubtedly be a god-sent opportunity, and it would be convenient for them to enter the market at a low price.

Now if you want to attack them, you must increase the stock price, but with the current trend and market atmosphere of Enron, it is very difficult to protect the stock price. It seems that they really succeeded in stealing the chicken.

Chen Fan looked listlessly at the computer screen. At this time, the computer had been turned on. Chen Fan knew that it was Lin Hong who opened it, because he had to come over every night during this period, so they would help turn on the computer first.

"Mr. Chen, you are not in good spirits."

Lin Hong could see Chen Fan's performance after he came in. In the past, Chen Fan would greet them proactively when he came in. He didn't have the airs of a big boss at all, but after he walked in today, it was obviously wrong, and he didn't say much.

"You know that Southern Investment Group is also holding shares in Enron, right?"

Chen Fan smiled wryly.

"Ah."

Lin Hong nodded. He naturally knew about this matter, and he also knew that Mr. Chen hoped that Southern Investment Group would lose money, and the more losses the better.

Then, Chen Fan whispered the information he had just received from Zhang Quan. These information will definitely not appear in the briefing, that is, except for a few people, those traders do not need to know.

After listening to Chen Fan's narration, Lin Hong didn't speak immediately, but looked back at the computer screen, switched to the daily chart of Enron stock and lost himself in thought.

Chen Fan felt his head was a little messed up at the moment. He didn't know what mood he should be in. He looked at the time, so he picked up the briefing on the table and looked at the news inside and outside the market. It won't be so messy anymore.

But after watching for a while, Lin Hong's voice rang in his ears.

"Mr. Chen, do you think it is the Southern Investment Group that is driving up Enron's stock price this time? If so, does that mean that their operations may have changed?"

"Ok?"

Chen Fan withdrew his gaze and looked up at Lin Hong, a little puzzled.

"You think they might choose to keep replenishing at a low level, but based on what you said earlier, they have raised funds twice, and judging from the time of raising funds, it seems that the market has risen slightly. I judge that their absorption may not be Take orders at a low level, but want to attract money and pull back the stock price to unwind.

With such a large investment, no one wants to see that the investment is in a state of loss.

Maybe they really wanted to settle in Enron and seek a certain right to speak within the company, but they also wanted to make money, at least the books should look good.

I remember that Nanfang is a company with a high debt ratio. They are used to empty-handed operations. After buying assets, they take up mortgages to obtain new funds and proceed to the next investment project.

If Enron's stock price continues to slump, it will be difficult for them to cash out their investment, which will affect the progress of their other projects, and there is still a lot of money. "

After listening to Lin Hong's words, Chen Fan thought about it carefully and felt that it made sense.

Why does Southern Investment Group have such a high debt ratio? Its net assets are only 3 billion yuan. Even if it is all mortgaged to a related bank, how many loans can it get? It must be mortgaged when it buys an asset, and it will be returned. Funds are used to invest in new projects.

This kind of operation is a bit like assets can snowball in a short period of time. The disadvantage is that the capital chain will be very tight, and the capital chain will break if you are not careful, which will cause company turmoil.

Although there is the support of the wealthy Mu family in Huaguo, it may not be bankrupt and liquidated, but the risk still exists.

The most important thing is that Southern Investment Group is not a company solely owned by the Mu family. In order to maintain the relationship between all parties, 54% of the shares of Southern Investment Group are distributed to other people. If there is a crisis, the Mu family may not be willing to do their best to rescue it.

Chen Fan suddenly felt that as long as he could hold down Enron's stock price, it might shake the Southern Investment Group's capital chain and cause turmoil in the company. It would be fine if the Mu family could handle it carefully. If they were helping the Southern Investment Group A slight hesitation on the Internet may shake the circle of relationships they have maintained.

Regarding the financial status of the Southern Investment Group, Chen Fan knew that Zhang Quan could not collect much data. After all, they were all core secrets and would not be easily leaked. What he could get were financial reports from several years ago. value.

Not being able to know the details of the south doesn't mean you can't fuck him.

Before, Chen Fan didn't intend to take the initiative to suppress Enron's stock price. At this time, at this price, Chen Fan felt that he should be more cautious in operation to avoid being attacked by new funds.

You shorted the market crazily, and new funds continued to enter the market and consume it against you. In the end, Enron survived. No need to guess who was the unlucky one, everyone will know.

Although at this time, the pressure in the market itself is enough to drink a pot of Enron stock, but Chen Fan feels that it seems that he should use a little force, at least to suppress Enron's stock price, so that it will have a greater inertia of falling, so that those who want to The investors who entered the market were even more hesitant, trying to keep Enron's stock price down for a little longer.

Several billions of funds should be a big investment for the Southern Investment Group. Such a large amount of money is tied up in the rice stock market. If the news spreads accidentally, it is not known whether it will trigger the financial crisis behind it. Lord's tension?
This is money, real money. The Southern Investment Group is indeed a big business, but after taking out a huge amount of money and being trapped, their living cash is probably already very tight, and it is estimated that they can barely maintain the operation of the company.

Thinking of this, Chen Fan suddenly felt that continuing to suppress Enron's stock price didn't seem like a bad thing.

"20 yuan, do you think Enron's stock price can hold it?"

Chen Fan suddenly asked Lin Hong.

Before, they all thought that the price of 20 yuan was bound to break, but after the price of 20 yuan began to rebound, and it was obvious that funds entered the market here, their judgments changed with the changes in the market, and they were no longer so affim.

Now Chen Fan also feels that the previous buying order is likely to come from Southern Investment Group. If he wants to trap them, he must drop Enron's stock price by 20 yuan. As long as he can crush the stock price to the floor, he will definitely not lose money. Yes, but the other party could only watch with tears in their eyes.

Even if the Southern Investment Group wants to leave the market at that time, it will become difficult.

Of course, the shortcomings are also obvious, which is what Zhang Quan said before. If the Southern Investment Group can continue to obtain financing from its subsidiaries, as Zhang Quan said before, if the Southern Investment Group can continue to obtain financing, then there will be no problem with the capital chain, and the Southern Investment Group can continue to carry it. Go on, if the funds can still get the support of those shareholders, take advantage of the trend and continue to collect chips below
Thinking of this, Chen Fan felt a little toothache.

All affairs have two sides. It is impossible to cover everything. Now I can only bet in one direction.

Either bet on the shortage of funds in the South, choose to cash out or pretend to be locked up, the possibility of the latter is very small, after all, the investment is too huge, and with the current stock price, Enron's shares can't afford much money at all.

Either get the support of shareholders or find new financing channels, continue to buy Enron stocks at low prices after solving the financial pressure, and seek more things.

As for Southern Investment Group's financial support, Chen Fan felt that as long as the news that their billions of dollars of funds were tied up in the rice stock market was publicized, it is estimated that the financing channel would basically be eliminated. law control.

"After the market opens in a while, we will see if the funds continue to protect the market or what, and then decide whether to suppress it. I think too much analysis is useless now. If there is an opportunity, we will continue to pressure the market and let the stock price continue to fall. .”

Lin Hong didn't directly answer whether he could drop Enron's stock price by 20 yuan, but only focused on the market and decided the direction of operation according to the market.

Chen Fan nodded slightly. He didn't want to get caught up in it. Now that he has a good hand, it is no problem for him to earn one billion yuan in Enron stock. As for whether the Southern Investment Group will make or lose in the end, it seems that he is thinking too much .

It would be best if they could make them lose money. If they succeed in investing in Enron in the end, there is nothing they can do about it. I am not a god, and I cannot control everything, and the energy behind them is also great.

Let the capital solve the problem of capital.

I'm just a speculator, earn some hard money, and don't need to care too much about the gains and losses of a transaction.

What Lin Hong said just now awakened Chen Fan. Before that, Chen Fan had been thinking about making Southern Investment Group lose money. He was thinking about how to retaliate against the Mu family. Just earn some pocket money.

Back to the topic, as long as I make money from this investment, the main purpose is considered to be accomplished. As for attacking someone and getting revenge, that is a incidental thing. It is naturally good if it is done, and it is not disappointing if it is not done.

The mountains are high and the rivers are long, the world is not far away, goodbye in the rivers and lakes.

Chen Fan suddenly remembered a passage that would appear from time to time in the novels he used to read. Now that he has entered the capital market, he will have the opportunity to meet them sooner or later, and sometimes he will have the opportunity to teach them a lesson.

Chen Fan is not that stupid to fight against the Mu family in reality, although he is not without help now, but it is completely unnecessary.

After all, the Mu family has grown into a behemoth, so it is too difficult to move him.

The Mu family seemed to be targeting themselves before, and it was just the result of the final analysis of the news gathered from many aspects, and it seemed that he was a little narrow-minded.

For some business contacts, the other party intends to get close to the people of his company, and the other party inquires about the situation and business of his company in many ways. The data, perhaps just waiting for the opportunity.

And I don't need to be anxious at all, if I can't move, I can't move, it's a waste of time, wait until the Mu family makes a mistake before making a move.

And in the market too, if you have a chance, you can cheat them, if you don't have a chance, forget it, as long as you don't make mistakes, the Mu family will have no chance to do it yourself.

Suddenly, Chen Fan felt that he shouldn't make trouble for the other party, but waited for the other party to cause trouble himself, and then killed the enemy with one blow.

And what I have to do is that I can't make mistakes, and if I accidentally make a move, I will lose everything.

Not long after, the rice stock market opened, and Enron’s share price opened slightly higher at 21.62 yuan today following the surge at the end of the previous trading day. After the start of trading, sell orders appeared one after another, and the stock price began to fluctuate and drop.

It seems that if you enter Enron's stock price, it will repeat the same mistakes and continue yesterday's decline, but Chen Fan also knows that it is only now that the market opens, and there is nothing to see at all.

By this time, Chen Fan was only more convinced that the banker operating Enron at this moment might be someone from the Southern Investment Group, and he just sneered in his heart.

After Enron's stock price fell back to around 21.3 yuan, the buy orders below gradually began to increase. After all, it was close to the previous low point, and it was normal for funds to start entering the market. The main bloggers entered the market again to eat goods, and there was a rebound trend.

However, today it seems that the sell orders in the market are still very strong, with continuous output. Although Enron's stock price has fallen, it has not affected the appearance of these sell orders.

Enron's stock price continued to decline after resisting for a period of time here, and continued to approach the second lowest point of 21.05 yuan on the daily chart.

At this point in the transaction, Lin Hong on the side suddenly whispered, "Maybe there is a chance to break through 20 yuan."

"How to say?"

Chen Fan asked hastily.

"It seems that they want to protect the stock price at 21 yuan and create a graph with a raised bottom. If there are too many sell orders and cannot protect it, they will go to another level and build a bottom at 20 yuan to create a double-bottom graph.

Judging from the current trend, there should still be a chance to make it on the daily chart. "

Lin Hong replied in a low voice.

Hearing Lin Hong's words, Chen Fan's heart moved. He remembered Lin Hong's words before, and he had a chance to smash through 20 yuan. "You mean, when they are protecting the market at 20 yuan, we will smash it?"

"Yes."

Lin Hong said with a smile: "We still follow the original plan and choose the opportunity to cover the position below 20 yuan. Regardless of whether they continue to accumulate money below, we have to clear the position and leave the market. Grab some low-priced chips, which can be regarded as creating some problems for them. gone."

"The current market trend is not very good, and 21 yuan seems to be a bit of pressure."

Chen Fan nodded at this time and said.

Now Enron's stock price has fallen below 21.2 yuan, and the selling still shows no signs of abating. After a day of fermentation, it seems that investors in the rice stock market regard Jeffrey's resignation as a big negative. It is the loss of a capable man at the helm of the company, and it is also because of the distrust of the company that has been caused by this.

Therefore, after the market opened today, the selling orders were slightly larger than yesterday. These are the decisions made by prudent investors after a night of research. They have made up their minds and will not change them easily.

(End of this chapter)