Reborn as a female internet celebrity in a county town

Chapter 171 It's hard to climb a mountain of knives, but it's even harder to climb down!
After two days of gains, the 5G and ultra-high voltage power transmission themes finally reached a turning point on the third day.

Dongfang Communications is a prime example. Over 20 million shares were traded during the opening auction, of which over 10 million were acquired by Lin Langcheng. Otherwise, these 20 million shares could have driven the stock price down to its daily limit.

Even so, after opening lower at four points underwater, the price continued to decline.

Lin Lang couldn't stop them at all.

Because if we continue to buy, our position in this stock will be too heavy.

Currently, the total holdings in Oriental Communications amount to 180 million, while the market value of this stock is only slightly over 6 billion.

If the information on the top ten shareholders is updated, Tianjin Capital will become one of the top ten shareholders, and may even be in the top five.

Therefore, Lin Lang only maintained the call auction for a short time and did not continue to take over the orders.

Lin Lang didn't give the order to take over until the water level dropped to eight points below the surface.

"Ignite the flame and seal the plate immediately, without hesitation!"

Almost instantly, more than 60 million was spent.

Meanwhile, Lin Lang's position in a single stock has exceeded 200 million yuan, surpassing 10% of the fund's total holdings.
More than 60 million yuan was barely enough to push the stock to its daily limit, and the funds used to lock in the price was less than 6 million yuan.

If someone continues to sell, Lin Lang will have no choice but to clear out some of his shares from yesterday, since his position has exceeded the limit.

The six million seal wasn't sealed for long; it was only sealed for a total of five minutes before it was eventually broken open.

However, after the price was broken, the subsequent selling pressure was not very strong, and Dongfang Communication remained around the fifth level of the daily limit, without exceeding the fifth level.

Lin Lang hasn't made any moves on other stocks yet; he's just slowly accumulating shares at low prices.

The key is to control the leading stocks, as they represent market sentiment.

As long as the leading stock can hit its daily limit, other stocks will follow suit one after another, and at least when they rise, the resistance will not be too great.

Before I knew it, the morning was over.

Of the 400 million yuan Lin Lang has invested, more than 200 million yuan has already been put into the project.

During the meal, Yan Li asked, "Why didn't we take the opportunity to sell some of Dongfang Communications... our position is over-leveraged..."

"The trading volume is not high, the main players haven't entered the market, and the support is too weak. Dongfang Communication is still hovering around the fifth level near the daily limit, but there's no large amount of capital dumping it. Once I sell even a little bit, it will explode."

"That afternoon..."

"I'll definitely reduce my position this afternoon, even if it means driving the price down to the daily limit..."

We absolutely cannot violate the rules; the consequences of doing so are severe.

Yan Li: "..."

Lin Lang knew very well that the reason for the lower opening price today was mainly because the major players inside didn't want them to take the opportunity to leave.

If Lin Lang doesn't take over, all the stocks he holds could be driven down to their daily limit.

If the price really hits the daily limit down, it means that Lin Lang is already planning to run away.

Therefore, he has to take over.

The major players inside, under no circumstances would they liquidate their positions and run away. They are essentially locals, happy to see others come in and drive up the price, and willing to use their own shares to keep other people's money...

Similarly, they remain wary of others trying to make money off them.

Let's suppress it first. Once Lin Lang stops buying, the stock price will be low, and there won't be many shares left to sell.

Now that Lin Lang has taken over, it's sending a signal to the main players that he's not only not running away, but is continuing to pour money into the company.

Therefore, the main players inside stopped attacking him.

After all, the main players want others to bring in money.

It works on the same principle as casinos.

No one welcomes someone who comes to the gambling table without any initial capital, and they especially dislike those who collect their initial capital after making money and then play with the interest.

Those who continue to increase their stake even after winning are definitely popular.

After all, once the money is at the gambling table, it's not a matter of "yours" or "mine"—it belongs to everyone.

As the dealer, they will definitely get the most.

In the afternoon, Lin Lang gradually arranged for the traders to reduce their positions.

Multiple transactions, repeated many times, with very small amounts of money involved.

Sometimes a single sell order is only worth a few hundred thousand yuan, and at most, it's only worth four or five hundred thousand yuan.

Shortly after the sale began, funds started dumping shares, causing the price to drop by seven or eight percent.

It looked like it was about to be smashed into the water.

At this point, almost all the panicked funds could no longer hold on, and there was no hope of the price hitting the limit up.

Lin Lang also took the opportunity to lend out more than ten million.

The force below was sufficient to withstand the impact, and the object was not pierced and submerged underwater.

Around 2 PM, Eastcom's stock price began to rise slowly, gradually rebounding to five points.

Lin Lang spent another five million in batches.

After the five million was spent, Dongfang Communication saw a sharp rise and quickly hit the daily limit, with the amount of money involved reaching fifty million.

After the price hit the daily limit, Lin Lang continued to arrange for people to sell off their shares, still in increments of hundreds of thousands.

Although Lin Lang failed to push the price to the limit up in the morning, the fact that the price could trade sideways around the limit up price for more than an hour indicates that he had reached an agreement with the main players inside.

In the afternoon, however, it was the major players themselves who dumped shares to accumulate more stock in the market.

Lin Lang gave the other party ten million, and after they collected all the items, the price surged.

Even halfway through, Lin Lang gave him another five million.

If these chips aren't given out, the major players might prefer to continue trading sideways. After all, it's Lin Lang who's in a hurry, not them.

These small-cap stocks are different from large-cap stocks. Large-cap stocks have many major players, while small-cap stocks, even if they have many major players, are usually very familiar with each other and rarely experience violent disagreements or mutual squeezes.

Receipts are something that helps people stick together and support each other.

With Dongfang Communication's second attempt to reach its third today, it has already generated enough buzz in the market. The retail investors who rushed in were able to absorb the shares dumped by some major players, and the overall divergence was not significant.

As Dongfang Communication hit its daily limit, Lin Lang used his last remaining funds to start pushing up other stocks.

Until the market closed, Dongfang Communication's trading volume reached 900 million yuan, but it never opened again.

Other stocks also saw significant gains, especially Lin Lang's, which experienced another surge at the end of the trading day.

You don't make money by driving up the price, but you gain net value.

In addition, Lin Lang bought a lot of chips today, mostly at around four points below the water level, which increased the net value.

Just like the previous two days, Lin Lang left as quickly as possible after the market closed.

Yan Li, on the other hand, was waiting for the data.

After Dongfang Communication hit its daily limit, Lin Lang gradually sold off more than 30 million shares. Combined with the shares he had sold before, his overall position has decreased.

We've made it through safely.

As for net asset value... well, the lowest-performing stock in my portfolio rose by three points. The number of stocks that hit their daily limit was less than yesterday, but there were still eight, all of which were heavily invested in.

These eight stocks contain a billion yuan.

At 3:25 PM, Yan Li began signing off on today's report.

Today's net asset value is +8.35%.
This is yet another incredible statistic.

Yan Keming learned of this figure immediately, and even as early as 2 PM, he estimated that Tianjin Capital's net asset value increase that day would not be less than 5%.
However, the figure of over 8% still surprised him somewhat.

Because... he has been paying close attention to the trends of 5G and ultra-high voltage power transmission today.

The opening was clearly a sign of pressure from major players. He thought that Tianjin Capital would choose to accept some losses and adjust its portfolio to leave, which would mean that although the market would fall, it wouldn't fall too badly.

Unexpectedly, Tianjin Capital is still rushing in.

Unbeknownst to many, this fund, which was only officially launched three days ago, has already exceeded 2 billion yuan in size, approaching 2.2 billion yuan.

But the road up the mountain is easy, what about coming down?

Everyone knows that climbing a mountain of knives is difficult, but descending one is even more difficult.

To maintain this prosperity, money must be continuously poured into it. With two relatively small themes, as more and more money is poured into them, there is absolutely no chance for them to withdraw smoothly.

The scene will be extremely bloody, and it could very well become the biggest tragedy in the domestic fund industry.

Faced with massive redemptions, their holdings all plummeted to their daily limit, leaving them with no funds to repay investors.

If such a risk were to be encountered, not only would Tianjin Capital be completely finished, but Yan Li would also be finished.

She will never have a chance in the financial world again, no matter what.

However, he didn't know how to tell Yan Li.

He couldn't get involved in this matter.

After thinking for a while, he called Chen Lin and discussed the consequences of the matter.

……

After Yan Li got off work, she received a call from her mother.

"Lili, I saw the data for your company's fund. The data for the past three days is simply phenomenal! You must be very happy about it, but I'm here today to pour some cold water on your enthusiasm. I hope you can be more rational."

"Mom, tell me."

Yan Li sat in the car, listening quietly.

She was indeed very happy because the subscription funds exploded today, reaching a total of 800 million yuan.

This only applies to the period before 6 PM; there will still be events after 6 PM, but they will be counted as tomorrow.

With these 800 million, the fund's size will exceed 3 billion tomorrow. In just a few days, Lin Lang has completed the second step of the betting agreement.

On the other end of the phone, Chen Lin said, "Although I don't know your specific trading strategies and holdings, judging from the market trends, it's not hard to tell that you're definitely trading on thematic concepts... In other words, you've already bought over two billion yuan worth of small-cap stocks. Such a high net worth means you've not only bought a large number of small-cap stocks, but you've also heavily invested in them..."

Yan Li did not answer, because she certainly couldn't reveal company secrets on the phone.

Chen Lin continued, "Heavily investing in small-cap stocks like these, especially those riding the wave of hot concepts, can lead to a collapse overnight. You should have exited the market a couple of days ago after tasting some initial success. Today is an even better time for you to leave, since the high net asset value in the past two days has already brought in a significant amount of capital for your fund. Even if a large amount of money chooses to redeem as the net asset value falls, it won't be a loss for you... That hot money never truly belonged to you."

However, today you are rushing in again, pouring billions of yuan into small-cap stocks. Do you know what will happen once the market collapses? There will be a frantic run on the funds and a stampede. Even if you frantically dump your shares, you won't be able to meet the redemption demands of the fund investors.

As your investment grows larger, the situation will become increasingly polarized. There will inevitably be redemptions along the way, though the percentage will be small… This means that some people have already taken their profits, while the remaining funds will bear the brunt of the backlash.

Lili, your family doesn't want you to gamble everything you have... If you withdraw now, there's still some room for maneuver. At least it won't collapse too much. They'll leave you some foundation so you can rebuild a building.

If you continue like this, no one can save you. You will gradually drift towards either heaven or hell.

Yan Li remained silent.

She knew what her mother meant.

That's why she specifically asked Lin Lang about it before the market opened today.

However, this was Lin Lang's choice.

Of course, even though she was the boss, she didn't object.

Because her source of funding is the internet, her personal brand.

Lin Lang's practice of maintaining a high net worth allows her to maximize the appeal of her personal brand.

What she cares about isn't fans, but a steady stream of money.

Eight hundred million yuan in subscriptions in one day!

Without her own personal brand, how much money would she have to pay those third-party platforms for this subscription? And it's not just for the first year, but every year thereafter.

She was completely captivated by that feeling of perfect harmony with herself.

She knew she was playing with fire, and she knew that sooner or later it would collapse.

But since Lin Lang is able to do it well, every extra day she persists is of great significance to her.

Tomorrow it will be 3 billion, who knows, the day after tomorrow it might be 4 billion...

Hell in an instant?
Yes, she definitely can't handle this outcome.

But she couldn't resist the temptation of heaven.

Achieving a goal that has taken years to accomplish in just a few days—no one could refuse that opportunity.

"Mom, I see."

"Okay, good to know. I won't say anything else, but just don't do anything reckless. You can accept failure, but you can't accept losing everything..."

Yan Li: "..."

Is it because her family can't bear the thought of her value dropping to zero?

In fact, she wasn't too worried about losing her own value.

No matter what, Mom is definitely on Dad's side, and Yan Li has known this for a long time.

After hanging up the phone, she drove home.

She knew that what her mother said was definitely true.

But since Lin Lang hadn't stopped, she had even less reason to stop.

If she really fails and her value drops to zero, she can go live with Lin Lang this Chinese New Year and give birth to eight sons for him.

Of course, she didn't care about the bride price; whatever her parents asked for, Lin Lang had to give.

Otherwise, she would just sit at his doorstep with her big pregnant belly.

Thinking of this, she felt much more at ease.

But once she got home and calmed down, she inevitably felt lost again.

After all, demanding a dowry for having a child is a sign of one's worthlessness. It's fine to joke about, but she doesn't want to actually live that kind of life.

"Tomorrow is the most important day of my life!"

(End of this chapter)