Therefore, those stock investors who dare to enter the stock market to buy and sell stocks must be psychologically prepared to bear the worst consequences.
If they can't even grasp this point, then entering the stock market is simply suicide for them, and they have no one to blame but themselves.
Moreover, Liu Xiaobao also realized that Li Li's saying "things shouldn't happen more than three times" actually gave those stock investors three chances to leave the market.
The first time was to lower the price of 601 shares by five cents, the second time was to lower the price by fifteen cents, and the third time was the half-hour waiting period given.
Three chances have been given, but those shareholders didn't leave the market on their own, so they can't blame Li Li for taking drastic measures that affected them.
Half an hour passed quickly.
Li Li kept her word. As soon as the half hour was up, she didn't wait a second longer and immediately gave an order to the traders of 'Tianbao Investment Company' in the trading hall.
"Start the sweep! Sweep up all the 601 listings!"
As soon as Li Li issued this order, the traders immediately sprang into action, quickly snapping up the sell orders for 601 shares.
Once these traders bought up all the sell orders for 601 stock, the shareholders who had already sold their 601 shares were finally freed from their misery.
Although they lost some money, they didn't lose everything.
At that moment, the share price of 601 stock also rose by five cents due to Li Li's buying spree, reaching 9.5 yuan per share.
This situation has further convinced Qilin Club and other shareholders who still hold shares in 601 that their previous decision to continue holding the stock was correct.
But before they could even enjoy their joy for ten minutes, someone placed a large sell order for 601 stock on the trading market.
In just five minutes, the number of shares of 601 stock sold reached 20 million, and the listed price was still 9.35 yuan per share.
This caused the 601 stock, which had been showing a slight upward trend, to fall again, and this time it was a sharp decline.
Nine dollars and forty cents...
Nine dollars and thirty-five cents...
Nine dollars and thirty cents...
Nine dollars and fifteen cents...
By the close of trading that day, the share price of 601 stock had fallen to 8.76 yuan per share.
When the market opened the next day, those shareholders and members of the Qilin Club who still held shares of 601 would have to close their positions to make up the price difference.
The situation is a bit better for the Qilin Society. They have money, but the amount of funds to be liquidated is still not a small sum. After all, most of the 601 shares they held were bought when they were around 15 or 16 yuan per share. Liquidating these shares means that over 100 million yuan has been invested.
But small shareholders are in trouble. They are not as wealthy as Qilin Group, and with the current downward trend of 601, even those with money dare not close their positions easily. If they lose money again, they will really suffer huge losses.
... .. ....
At this moment, they couldn't help but regret not selling their 601 shares yesterday, which would have saved them a lot of trouble. Unfortunately, there's no medicine for regret in this world.
Of course, Liu Xiaobao's own Tianbao Group also held a lot of 601 shares, which he also needed to liquidate, so Liu Xiaobao invested another 200 million yuan.
Including the stocks that Liu Xiaobao had previously bought up from those who were being sold off by other investors, he has now invested a total of about 400 million yuan.
This is why Li Li previously said that Liu Xiaobao needed to advance a large sum of money in the early stages.
Li Li no longer cares about those shareholders who still hold shares of 601. After the market opened today, she had her traders sell off another ten million shares.
This move undoubtedly made matters worse for 601, directly causing its stock price to fall again.
But at this moment, the controlling shareholder of Yingzhou Industrial finally spoke out, claiming that everything in Yingzhou Industrial was stable, there were no operational problems, and that they would also allocate funds to stabilize the stock price.
The news released by Yingzhou Industrial, along with its purchase of 30 million shares from the market, did indeed stabilize the stock price of 601.
Throughout the entire morning, the stock price of 601 did not fall again; in fact, it rose by 40 cents to NT$9.16 per share.
Those shareholders and members of the Qilin Society breathed a sigh of relief when they saw the stock price rise.
"We've been waiting day and night, and finally, 601 is about to turn things around!" (Tu)
Chapter 111 Brother Bao Will Take You Flying (Please Subscribe)
Unfortunately, the Qilin Association and those shareholders didn't get to breathe a sigh of relief for long.
At 1:30 PM, Li Li sold another 35 million shares.
Because Yingzhou Industrial couldn't come up with the cash to continue its acquisition spree, the share price of 601 began to fall again.
At 2 p.m., the stock price of 601 fell to 9.1 yuan per share.
At 2:15 PM, the stock price of 601 fell to 8.98 yuan per share.
At 2:30 PM, the stock price of 601 fell to 8.75 yuan per share, below the opening price for the day, meaning that Yingzhou Industrial's actions today were in vain.
At that very moment, Li Li dumped another 40 million shares, causing the stock price of 601 to fall even faster.
Eight dollars and sixty-eight cents...
Eight dollars and fifty-four cents...
Eight dollars and forty cents...
By the close of trading that day, the stock price of 601 had fallen to 7.89 yuan, completely hitting rock bottom.
Those shareholders who still held shares in 601 were devastated, and the three members of the Qilin Club, all of whom were ashen-faced, gathered together.
At this point, they all spoke up and shared their opinions with the doctor.
Member A: "Dr. Wu, judging from the way that kid A Bao is acting, he's planning to lose all his money and take us all down with him!"
Member B: "Yeah, Dr. Wu, if it keeps falling like this tomorrow, 601 will have to hit the daily limit down, and it might even be forced to delist!"
Member C: "By then, all the money we invested will have gone down the drain!"
Member Ding: "Dr. Wu, I think we should take advantage of the fact that we can still leave now and recoup some of our losses! That's all real money; it's better than losing it all!"
Member A: "I agree!"
Member B: "I agree!"
Member C: "I agree!"
The other members nodded in agreement, and then all twelve members turned to look at Doctor Wu, waiting for him to make a decision.
With all twelve members united, what could Doctor Wu say? Even if he objected, it would be pointless!
So after looking around at the twelve members, Dr. Wu shook his head and sighed helplessly.
"Since everyone agrees, I won't say anything more. After the market opens tomorrow, I'll have someone sell all the 601s I have. Sigh! I'm really not happy that that kid Abao got such a good deal!"
Member A: "Dr. Wu, no matter how unwilling you are, you can't turn down money! Just bear with it this time, there's plenty of time in the future, and you'll get your revenge eventually!"
Member B: "Yes, Dr. Wu, as the saying goes, a gentleman takes revenge even after ten years. We'll have plenty of opportunities to get our revenge later!"
Dr. Wu knew that these members were just trying to comfort him: "Alright, I'm not as fragile as you think. Let's all go our separate ways today. Don't worry, I'll have my people sell 601 as soon as the market opens tomorrow morning."
The members of the Qilin Society nodded and got up to leave one after another.
Watching the members leave, Dr. Wu sighed again.
"Sigh, none of them can hold their tempers. I don't believe that kid Abao would really be willing to lose so much money just to get revenge on us!"
the next day.
As soon as the stock market opened, even though he saw that Liu Xiaobao was bluffing, Dr. Wu still had his people immediately sell all the 601 shares they held after the market was closed.
There's no other way. If the shaman doesn't organize it, the Qilin Society will disband, and then the shaman's losses will be far more than just a little money.
So even though he knew Liu Xiaobao was bluffing and trying to scare them into selling 601, Dr. Wu had no choice but to follow the consensus of the other twelve members.
Shortly after Qilin Society released the 601 plan, Liu Xiaobao and Li Li received the news at Tianbao Group.
The two looked at each other and smiled.
Then Li Li shook her head with considerable disappointment: "I thought the Qilin Society could hold on for another day, but now it seems... the Qilin Society is nothing special!"
As Liu Xiaobao got up to leave, he left behind a remark.
"Li Li, you close the net, I'll contact the media!"
Li Li naturally understood why Liu Xiaobao had contacted the media. She didn't dare to delay any longer and immediately made a call, giving an order to the traders in the trading hall.
"Wait another ten minutes. If no sell orders for 601 appear, start buying up as many as you can!"
Ten minutes later, as expected, no more sell orders for 601 were placed on the trading market, which also indicated that the Qilin Society had sold all of its 601 shares.
The traders at 'Tianbao Investment Company' immediately carried out Li Li's orders and began to quickly buy up all the 601 shares on the market.
After the traders had cleared all the sell orders for 601, Li Li, having received the news, went to Liu Xiaobao's chairman's office.
"I've got everything sorted out on my end. Now it's up to you, Mr. Bao. I'm really looking forward to getting my money back!"
Liu Xiaobao smiled slightly: "I knew you didn't call me. You had to come all the way here yourself. You didn't trust your money! Alright, just watch and see. I'll take you flying in a bit!"
Li Li then joked, "Then I'll wait and see how high Brother Bao can fly with me!"
Half an hour later, reporters from major media outlets in Pujiang arrived at the lobby on the first floor of Tianbao Group.
Liu Xiaobao then appeared before the reporters with Li Li.
"Thank you all for coming. I won't waste any more words. Today, Tianbao Group has an announcement regarding Yingzhou Industry. Currently, Tianbao Group holds 43% of the shares in Yingzhou Industry, becoming its largest shareholder. However, Tianbao Group's previous statements still stand, and we will not interfere with the operation and management of Yingzhou Industry. But now that we have become the largest shareholder, Tianbao Group naturally hopes that Yingzhou Industry will thrive. Therefore, on behalf of Tianbao Group, I announce that from the moment this news is released, Tianbao Group will fully support Yingzhou Industry financially, helping it reach new heights!"
As reporters returned to their respective offices and spread the news, Yingzhou Industrial's 601 stock price immediately soared due to such a positive development.
By the close of trading that day, 601 shares had risen from 7.89 yuan to 10.88 yuan per share.
You'll Also Like
-
Crossover Anime: Collecting Treasures from All Worlds Starting with Type-Moon
Chapter 261 1 hours ago -
Film and Television: Bao Zong has finance in his left hand and entertainment in his right.
Chapter 145 1 hours ago -
American comic book: Invasion of the universe, even Wanda Gwen is shocked.
Chapter 331 1 hours ago -
Joyful Youth: Many Children, Many Blessings, Starting with Song Qian
Chapter 621 1 hours ago -
Comparing the two pillars, this pillar is too extreme!
Chapter 559 1 hours ago -
Walking in the Question and Answer System of Heroic Spirits
Chapter 675 1 hours ago -
A one-on-one fight against Regigigas? Is this the Elf Professor?
Chapter 504 1 hours ago -
Knight: In the Extreme Fox, opening a box turns him into a weirdo.
Chapter 892 1 hours ago -
Fairy: Heal Mirajane, Black Dragon Template
Chapter 177 1 hours ago -
Urban drama: Me! I collide with Bei Weiwei at the very beginning.
Chapter 307 1 hours ago