Master, do you believe in love?Spit out two hundred on the car!

Chapter 338 338. Changes on the other side of the ocean

Seeing this scene, the viewers in the live broadcast room also began to understand the relationship between the burly man and the boy.

[How about my uncle being my nephew’s strongest supporter since ancient times? This uncle is so open-minded! 】

[You need to understand that since ancient times, your uncle has been the person who loves you the most besides your parents. In ancient times, your father's relatives might compete with you for the throne, but your uncle is different. He is the only one who has no interest in you. Conflict, but can help your mother-in-law uncle is from that time spread! 】

[Yes, I am in a similar situation to this young man. My two uncles stepped forward at that time, and until I organized the wedding, they were all busy. 】

【…】

Seeing that the young man had a backer, the middle-aged man's previous arrogance suddenly disappeared.

He followed the burly man silently, looking a little embarrassed.

Everyone was relieved.

The expression on the photographer's face was also very pleased, and he couldn't help but sigh:

"As expected, it's better to be my uncle! My uncle always gave me lucky money when I was a kid!"

Lu Chen also nodded and looked at the photographer on the side.

"Now that he has his uncle taking care of him, are you relieved?"

As soon as he finished speaking, Lu Chen's cell phone rang again.

This time it was still Manager Xu who called.

"Mr. Lu Lu, the stock you bought has reached its daily limit in just one hour, and has already doubled by 1.5 times!"

At this time, in a single-family villa in a high-end community in Shanghai.

Manager Xu sat at the computer desk, looking at the stocks at their daily limit with dull eyes.

His face was full of disbelief. His career for most of his previous life was far less magical than the few hours just now.

As a professional trader, even if Manager Xu followed Lu Chen and invested money, he still had to work hard to find the rules behind it.

He found the company's financial reports from previous years. Almost every year, it suffered losses and was unable to make ends meet.

This has also led to a large number of shareholders fleeing with their funds. So far, almost all the company’s founder shareholders have left.

Even if he racked his brains, he couldn't think of any situation in which this stock could rise.

It wasn't until he checked through the major websites and media in Lighthouse Country that he finally found a report about this company.

This is a report published by a person from the Lighthouse Country.

It's called Protecting Childhood.

The reason was that this old man discovered that his childhood game website, similar to our 4399 game website, had been maliciously shorted by major institutions in the lighthouse country.

Wall Street capital used the destruction of these companies to wipe out their remaining value.

This incident is already common in the Lighthouse Country.

However, the reason why his post attracted widespread attention was that by chance, he discovered that the shares circulating on the market had exceeded the shares issued by this company.

As a professional trader, Manager Xu immediately understood the meaning of his words.

Generally speaking, if a normal company issues 100 shares of stock, except for shareholders such as founders who hold part of it, the remaining part will be circulated on the market. Generally speaking, it is impossible to exceed the number of shares issued by the company. of the total number of shares.

But there is an exception, and that is buying from major institutions.

Major institutions on Wall Street will give reasonable expectations based on the financial reports and research directions of listed companies.

Either up or down.

And companies like GameStop have suffered successive losses in recent years, and project profits have gradually shrunk. Even Manager Xu can see that the company's stock will not rise. Therefore, institutions will pre-sell stocks to retail investors at prices far below the market price.

Similarly, the stock price of this company today is $30 per share. Institutions will sell shares to retail investors at $25 per share, but they need to wait for a specific period of time, such as a week or two weeks later. Only then will the stock come into your hands.

The stock price in a week or two may exceed $25 per share, which means that institutions will have to bear losses exceeding the price, or it may be lower than $25, which means that institutions profit.

For a company like GameStop, no institution is optimistic about its future stock price.

Therefore, all major companies are bearish, which is commonly known as short selling in finance.

They tried every means to bring down the company's stock price in order to make greater profits.

It is for this reason that the shares of this company's shares circulating on the market are much higher than the shares issued by this company.

This also means that supply is less than demand. Even people who do not understand economics know that once supply is less than demand, price increases are inevitable.

It is precisely because of this reason, coupled with childhood feelings, and retail investors' dislike of institutions.

For a time, countless investors from lighthouse countries rushed into the stock market and confronted major Wall Street institutions.

Institutions are short, and they keep buying stocks to go long.

For a time, the stock price of this small company that was about to go bankrupt continued to soar.

After understanding the cause and effect of the incident, Manager Xu looked at the computer screen in front of him and broke into a cold sweat.

These are the top institutions on Wall Street!

It can be said to be the holy place in the hearts of every financial and investor.

But now, he is actually confronting such a top-notch organization, and he is not even losing.

Manager Xu subconsciously glanced at the account that had more than doubled, and suddenly realized something.

"All this is due to Mr. Lu!"

"How could he do such an exhaustive strategy, even including posts from across the ocean!"

Manager Xu now only has full admiration for Lu Chen.

At the same time, a trace of regret could not help but arise in my heart.

Thinking of this, Manager Xu clenched his right hand into a fist and hit his thigh hard.

"Alas! Why didn't I believe Mr. Lu back then?"

"If I had invested all my money back then, I would not be far away from financial freedom now!"

As a professional trader, Manager Xu naturally knows that this battle to defend the stock price is just the beginning.

As time goes by, events continue to unfold.

There will definitely be more retail investors entering the market and more institutions entering the market.

By then it won't be a problem for the stock price to increase several times.

If I invest all my belongings, I am afraid I will achieve financial freedom by then.

It's a pity that even Lu Chen has shown investment vision far beyond his level many times before.

He still failed to completely trust Lu Chen, which resulted in him making a lot of money less.

Now I want to invest the money again, but now the company's stock has reached its daily limit.

(End of this chapter)