The male god of magic capital

Chapter 58 59 Total assets break new high

Chapter 58 59 Total assets break new high
In the evening, Luo Cheng, Zhou Yuanping, Zhang Hanlin, and Ling Guangchang came to the school again.

Tonight is the old man Li's treat. He will treat everyone to dinner.

Old man Li holds 100 million shares of Jiu'an Medical Group, and the opening position was at 10.00, and now the stock price has rushed to 93.45.

The value of these stocks is 9345 million, and it will soon exceed [-] million. Old man Li is radiant, ushering in the spring of his career in his later years.

Everyone around him, inside and outside, knows that old man Li has flourished in stock trading. People who used to despise him for stock trading thought he was a gambler, but now they all respect him very much and call him the stock god.

Stock trading was his ideal in his later years, and he had been losing money for many years. Now that he has become a god in World War I, his assets are nearly over [-] million yuan, which can be described as a late bloomer.

It verified what old man Li said before, 'Aspirations do not come at a young age'.

As for old man Li's son-in-law, Chen Baofeng, Luo Cheng's future teacher at Fudan University, was in a miserable situation.

Because the investment company under the Green Court Group controlled by Chen Baofeng bought a large amount of Bai's Medical Group's stock price. Now Bai's Medical Group has fallen by the limit for two consecutive times, and it has not been able to close the position, because the market is full of selling orders.

This time, the Lvting Group suffered heavy losses, and in the end they didn't know how much they would lose.

Moreover, the stock price of Luting Group was previously shorted by his enemy Liu Cangshan, Liu Canghai of Canghai Capital, and there was a big war. Now the stock price of Luting Group has also been dragged down by Bai's Medical Group, and it has plummeted.

His personal account also suffered heavy losses due to buying the shares of the Green Court Group.

"Teacher Chen, come have some wine, don't be so sad." Luo Cheng raised his glass.

"Okay, Xiao Luo!" Chen Baofeng is a professor at Fudan University and will guide this freshman class. After Luo Cheng enters Fudan School of Finance and Economics, he will be Luo Cheng's teacher.

After drinking two cups, Chen Baofeng sighed: "I'm going to be doomed this time, not only Bai's Medical Group has suffered heavy losses, but Luting Group has also had a war with Liu Cangshan and Liu Canghai. Hey, I'm afraid I won't be able to keep my position as the chairman of the board." , the shareholders probably want me to step down!"

"Mr. Chen, it's okay. You have been teaching in Fudan University for a while, maybe the shareholders will invite you back that day." Luo Cheng smiled.

Chen Baofeng: "I have invested a lot of funds in the fields of biomedicine and semiconductors. I have cooperated with Fudan University and set up engineering projects. I am afraid that the funds will be cut off this time."

Chen Baofeng teamed up with several colleagues from Fudan University, who are all scientific and technological talents, established a high-end laboratory, and recruited many Fudan high-achieving students. They want to contribute to society in the field of biopharmaceuticals, break foreign technology monopoly, benefit the society, and benefit the bottom class. Patients who cannot afford expensive medicines.

Research and development requires a lot of capital investment, and even the acquisition of overseas companies. The profit of the main business of Luting Group is not enough. This time he invested in the stock of Bai's Medical Group just to make a lot of money, but the result was a disastrous loss.

Now the stock price of Bai's Medical Group has fallen by the limit twice, and more than half of the funds have been lost. Moreover, a large number of investors want to sell their stocks, and the stock price has fallen by the limit at the opening. He has no way to close the position at all.

Luo Cheng comforted: "Mr. Chen, I will make money in the future and support your technology project."

In fact, Luo Cheng felt that Chen Baofeng was a very socially responsible person, and that the good catering group of Lvting Group was transformed into a technology group by him.

Chen Baofeng smiled: "Okay, the teacher is optimistic about you, a genius in the stock market."

Old man Li said from the side: "I told you not to buy the shares of Bai's Medical Group, but you didn't listen. At that time, you listened to me and bought Jiu'an Medical Group, and you made a lot of money."

"Dad, I was wrong." Chen Baofeng regretted for a while, if only he had listened to the words of this old foolish father-in-law, this old fool is worth hundreds of millions this time.

"Dad, you are such a stock god!"

"Old Stock God Li!"

"Elder Li said before that the share price of Jiu'an Medical Group would hit 100 yuan. We didn't believe it at the time. Now the share price of Jiu'an Medical Group is 93.45 yuan, and it will break through 100 yuan per share tomorrow."

"At that time, if it weren't for Mr. Li, the share price of Jiu'an Medical Group would have rushed to 100 yuan, and we would have closed our positions."

And Luo Cheng's Chinese teacher Huang Xufei, physics teacher Cheng Jingyi, and mathematics teacher Yu Kaixue also echoed.

This time, Huang Xufei, Cheng Jingyi, and Yu Kaixue are all holding the shares of Jiuan Medical Group for a long time, just like old man Li. No matter how the short-selling institutions fight against each other during the period, or how the stock price plummets or rises, the three of them obeyed the old man Li. Advice, no closing positions.

Now their account funds have also increased by more than 5 times.

Before, they put all their bodies into it. Each of them bought 200 million yuan below the 20.00 position. This time they also made a lot of money.

Luo Cheng asked: "Mr. Li, when do you plan to close your position?"

Once the stock price breaks through 100 yuan per share, old man Li's capital exceeds [-] million yuan. If so much money is sold off, the stock price will definitely turn around and drop a lot.

Old man Li: "Tomorrow, I think there is still a daily limit, so I will close the position the day after tomorrow, or the day after tomorrow."

After thinking for a while, he continued: "The stock price of Jiu'an Medical Group has been speculated too high by the retail investors you have gathered, and the market makers who are long are also cooperating to speculate. After this short position liquidation, the stock price will definitely go up It plummeted once."

"After you close your position, if you want to go short, you can try it."

Luo Cheng, Zhou Yuanping, Zhang Hanlin, and Ling Guangchang fell into deep thought.

The stock price of Jiu'an Medical Group, they plan to close the position when the stock price reaches 110.00.
But this old man Li said that the stock price will go up to the limit tomorrow, and the stock price will rush to the 120.00 position?

And old man Li still told them to go short?

Old man Li said with a smile: "I will close my position very quickly. The sale of stocks worth hundreds of millions will definitely make the share price of Jiu'an Medical Group plummet, so I suggest that you go short in advance before I sell the stock. This old thing will give you an assist once."

"Thank you, Mr. Li!!"

"Thank you Mrs. Li!"

"Mr. Li is really kind."

"Teacher, thank you!"

Originally, everyone planned to close the position when the stock price reached 110.00, and then went to operate Beihua Co., Ltd.

But now everyone has to wait for the share price of Jiu'an Medical Group to reach the 120.00 position before closing their positions.

And with Mr. Li's guarantee, the four of them plan to close their positions, and then look for an opportunity to short Jiu'an Medical Group!
Old man Li is simply giving them benefits!

The following day, June 8th, Wednesday.

Luo Cheng got up very early.

When the stock market opened, the liquidation of short positions continued, a large number of short orders were forcibly closed, and a large number of retail investors chased the rise.

The share price of Jiu'an Medical Group continued to open higher, opening at 100.00!
Refresh the historical high!

Luo Cheng holds 2 shares in his account, with a floating profit of 40 yuan per share.

The total floating profit is 80, and the total assets are as high as 200 million.

And the share price of Jiu'an Medical Group fluctuated in the 100.00 area for 15 minutes, and then continued to skyrocket!

(End of this chapter)

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