Rebirth 05: From Coal Mine Owner to Mobile Phone Tycoon
Chapter 46: A Lucky Bet That Got the Right One
The figure was making a transaction when he turned his head and saw Lu Yuan approaching without him noticing, and Zhou Mei slowly following behind him.
Why?
"If you don't sell this stock now, you'll lose half your fortune."
Lin Shaoyang thought for a moment, glanced at Lu Yuan again, gritted his teeth and not only did not sell, but also increased his holdings in the stock that he thought had good momentum.
Seeing Lin Shaoyang's unconventional approach, Lu Yuan didn't say much, just smiled and acted like a superior.
After buying the stock, Lin Shaoyang kept a close eye on it.
The stock didn't drop immediately; instead, it rose slightly.
Lin Shaoyang turned to look at Lu Yuan.
"Sir, this stock is still rising."
"The time isn't up yet, let the bullets fly a little longer."
The stock's rise gave Lin Shaoyang confidence, and he became even more convinced of his own ideas. As time passed, the stock suddenly began to decline, and a commotion arose around him.
Lu Yuan noticed the change in Lin Shaoyang's expression.
"Sell it. Trust me, it's wise to exit now."
"It's just normal fluctuation. I have faith in the stocks I've selected using my value investing method."
Seemingly confirming Lin Shaoyang's statement, the stock rose against the trend once again.
But before Lin Shaoyang could feel a little relieved...
This stock, like a last gasp before its inevitable collapse, exhausted its last bit of strength.
After a slight rise, it was followed by a sharp, precipitous drop.
In 05, the Hong Kong Stock Exchange did not have a circuit breaker mechanism, nor did it have a daily price limit like the A-share market.
This means that, theoretically, the price of this stock could break through the floor and become a penny stock.
A fine layer of sweat appeared on Lin Shaoyang's forehead.
He regretted not listening to the gentleman's advice earlier.
However, a stranger suddenly appeared and gave advice without any explanation.
It would be hard for a normal person to believe.
But now there's no time for Lin Shaoyang to regret it.
"Quickly, sell them all!"
"No, Mr. Lin, this stock is still falling rapidly. There are too many sell orders. Everyone is selling, and no one is willing to take over."
Lin Shaoyang's vision went black, his body swayed, and he was about to fall backward.
Lu Yuan reacted quickly, stepping forward to catch Lin Shaoyang.
Lin Shaoyang's face was deathly pale, and he barely managed to steady himself.
She smiled gratefully at Lin Yi, wishing she had listened to this person's advice.
But life doesn't offer so many opportunities to know beforehand.
Finally, this stock plummeted to penny stock status.
Lu Yuan's prediction was still conservative.
As a result of this incident, Lin Shaoyang not only lost half of his wealth, but at least most of it was lost on this stock.
Even more serious is the heavy blow to Lin Shaoyang's proud value investing stock selection method.
Turning his head, he looked at the person in front of him in shock. "How did you know? Do you know who's manipulating this stock?"
It's important to understand that Lin Shaoyang's value investing stock selection method is a relatively conservative investment approach.
The core principle is to identify stocks that are undervalued by the market.
Unlike when people have confidence in a particular company, leading to an increase in investors and a rise in stock price.
Value investing aims to bring undervalued stocks back to their rightful valuation.
Lu Yuan shook his head.
He certainly didn't know why the stock suddenly plummeted; in fact, this remained a mystery for many years.
He was just gambling.
Lu Yuan only remembered that Lin Shaoyang suffered a major setback this month, almost causing him to collapse.
Furthermore, Lin Shaoyang's personal appearance at the exchange today must mean he attaches great importance to something.
The stock investment that could affect most of Lin Shaoyang's fortune is most likely the matter that Lu Yuan remembered.
Lu Yuan made the right bet, so it doesn't matter if he had made the wrong one.
The process of recruiting Lin Shaoyang will become more complicated.
"Because I have my own unique stock selection method."
Of course, Lu Yuan couldn't say, "I know you have a calamity in your life, so I came to try my luck."
I'll try to bluff my way out of you.
There's nothing I can do; my luck has improved since I was reborn.
Lin Shaoyang saw that Lu Yuan still maintained an air of superiority.
It's extremely rare for stocks I've personally selected to experience this level of decline, unless...
Someone shorted this company.
But who has such great power as the person in front of you?
No, he doesn't look like it, but how would he know?
"I'm from mainland China, so this definitely has nothing to do with me. I know it will crash, but I don't know the specific details. The farthest I've ever been before is Shenzhen; this is my first time in Hong Kong!"
Realizing that his emotions were too outwardly displayed, Lin Shaoyang quickly composed himself.
"Excuse me."
Lu Yuan didn't seem to care much.
Zhou Mei was completely dumbfounded. Lu Yuan was bringing her more and more surprises. He was even an expert in stock investment?!
Everyone around was bullish on the stock, except for Lu Yuan, who gave a different opinion, and the final result was exactly as Lu Yuan predicted.
In Zhou Mei's eyes, this was almost a divine skill.
"Brother Lu, you know so much about the stock market! Next time you play stocks, why don't you take me with you? I'm afraid I'll lose everything if I play by myself."
"It is my honor to invest with such a beautiful Miss Mei'er. However, I am not good at short-term trading. Medium and long-term operations are my forte."
Lu Yuan wasn't a stock investor in his previous life; he only remembered stock price trends measured in years.
Moreover, Lu Yuan only remembered a few stocks, a large part of which were related to his previous work in the coal industry.
Therefore, Lu Yuan can only say that he took advantage of the fact that reborn people have some understanding of the future to package himself as a visionary, far-sighted, and highly insightful medium- to long-term investment genius.
If you engage in short-term trading, you're likely to be exposed immediately.
It was only then that Lin Shaoyang noticed that the person next to him was actress Zhou Mei.
"Miss Zhou Mei?"
"Are you friends with this Mr. Lu?"
"Mr. Lu is a very special and interesting person."
Zhou Mei said with a smile.
Having been in the entertainment industry for a while, Lin Shaoyang naturally knew Zhou Mei's personality. She wouldn't give most people a friendly look, let alone accompany them to the stock market.
Lu Yuan glanced at the stock market.
"You can buy some of Zijin Mining, China Shenhua, and Jiangxi Copper if you want; their upward trend will continue to be good this year."
These stocks all had potential for profit, and since Zhou Mei wanted to invest some, I let her buy them.
Having frequently studied stocks, Lin Shaoyang could naturally see that these stocks had been performing well recently, but these companies all seemed to be mining enterprises from inland areas.
"Mr. Lu seems to have a lot of confidence in inland mining and commodities?"
"I used to be in the coal business, so I have a pretty good idea of what these mining giants are like."
"In my estimation, their stock price will at least double this year."
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