Becoming the King of Bottom Fishing After Going All-In on A-Shares
Chapter 16: A great deal of discussion
In a courtyard house in the west of the city, Zhao Xianglong's face was so gloomy it could drip water.
The assistant beside him bowed his head and reported, "Young Master, the information has been verified."
"That kid Lu Chenzhou went all in on CITIC Securities today, buying at the bottom of 19.11 with 500,000 yuan of student fundraising funds, and made a net profit of over 27,000 yuan by the close."
On the Apple computer screen in front of me was a chart showing the intraday price movement of CITIC Securities.
That red curve, which opened low and rose steadily, eventually settling at 20.15 yuan, felt like a needle piercing his heart.
"Bang!"
Zhao Xianglong suddenly swung his fist and smashed the computer again.
After smashing it, he asked hysterically, "What about his own account?"
The assistant forced a smile and said, "His own account's base position also made a profit, with a single-day profit of over 18,000 and a total unrealized profit of over 183,000."
Zhao Xianglong gritted his teeth and said, "A bunch of poor bastards actually dared to pool together hundreds of thousands of yuan to rush into the stock market, and he dared to take it all on, and he actually succeeded?"
It was just pure luck, a blind cat catching a dead mouse.
Zhao Xianglong clenched his fists so tightly that his knuckles turned white, and a fierce aura surged around him.
He was waiting to see Lu Chenzhou crash and burn and the students demanding refunds, but reality slapped him hard in the face again.
Lu Chenzhou not only turned the tide and achieved a great start, but also won over a group of students with this move, greatly increasing his reputation.
He said with a sinister look in his eyes, "I've remembered this debt. I'll wait for the day he crashes and burns."
Those investors will eventually realize that only I, Zhao Xianglong, can lead them to make money.
After the market closed on the afternoon of September 23, the news that "Lu Chenzhou's fundraising account earned more than 9 yuan in one day" spread like wildfire throughout the Renmin University campus.
There was a lot of discussion in the boys' dormitory.
"Have you heard? Lu Chenzhou's fundraising account made 27,000 yuan today!"
"Holy crap? Really? 27,000 yuan in one day on a 500,000 yuan principal? That's an outrageous rate of return."
"It's absolutely true. My roommate invested 500 yuan, and today he was so happy that he treated the whole dorm to milk tea and internet access."
He said that Lu Chenzhou accurately bought CITIC Securities at the opening today, at a low of 19.11, and it closed at 20.15, a gain of more than five points in one day.
"Pfft! He invested 500 yuan, and it went up 5.44% today, which means he made 27 yuan."
Even excluding other expenses, if you give all the proceeds to your friend, it will probably be used up by treating the whole dorm to bubble tea and internet access, and might not even be enough.
"I used to think Lu Chenzhou was crazy, but now I'm the clown."
"The most outrageous thing is that today, US stocks plummeted, the market opened lower, and everyone was panicking, but he remained as steady as a rock. He went all in at the open, and the market started to rise in less than a minute."
"I heard that some people in the lobby were almost crying at the time, but after the price went up, the people who were crying became the people who were laughing, and the people who were laughing became the people who were calling him Brother Lu."
"I regret it! I should have invested too. I hesitated for ages yesterday and didn't dare to put my money in."
"Can I still invest now? I'd like to get on board too."
"Forget about it. I heard from them that the fundraising has ended. It seems that Lu Chenzhou was reported, and the school warned him not to raise funds anymore."
"Huh? They reported us and stopped fundraising? Could it be Zhao Xianglong's doing?"
"It's highly likely that Zhao Xianglong did it, but why didn't the school allow Brother Lu to raise funds?"
"Lu Chenzhou is still a student, and his fundraising targets are mostly students. If the stock price plummets and makes headlines, it will have a bad impact."
"That's true. Just think about what would happen to the students who invested money if the market crashed? What would happen to the school leaders? What would happen to the media and society as a whole?"
"Wow, that must have been huge news. It's understandable that they wouldn't allow fundraising. But I missed out on a chance to get rich quick."
In the girls' dormitory, the girls' perspectives on the discussion were clearly different.
"Wen Zhiyu stood with Lu Chenzhou all day today. I heard she invested a lot of money."
"Isn't she always been quite aloof? Why is she actually getting so close to me today?"
"Of course, that's real money! She invested so much, she must have been nervous. But after hearing that it went up, she relaxed completely and even praised Lu Chenzhou for his skill."
"Tsk tsk tsk, a 1.75-meter-tall long leg standing next to Lu Chenzhou who is 1.85 meters tall, the image is vivid."
"Can you guys stop going off-topic? The point is that Lu Chenzhou's trading today was incredibly steady. I heard from people in the School of Economics and Management that anyone who can decisively go all in on that kind of market is either a gambler or a true expert."
"Lu Chenzhou must be the latter. He accurately predicted the three major positive factors the day before yesterday, and bought at the lowest point today. How can this be explained by luck?"
"I heard Zhao Xianglong smashed another computer today."
"Which one is it?"
"Who cares? They're rich enough to afford it. But Lu Chenzhou's move really humiliated him."
In the Finance Department's teaching and research office, Zhou Xingbang sat in his teacup, which had gone cold.
He stared at the candlestick chart of CITIC Securities on the computer screen and remained silent for a long time.
A colleague knocked on the door: "Old Zhou, aren't you leaving yet?"
"You go first, I'll sit for a while longer."
My colleague chuckled: "Still thinking about that student of yours? I heard about what he did today."
I bought in with all my funds after the market opened lower and made a profit of 27,000 yuan by the close.
Frankly, this courage surpasses that of many veterans who have worked in organizations for ten years.
Zhou Xingbang shook his head with a wry smile: "I went to his dorm a few days ago and scolded him, telling him to close his positions immediately."
"Who would have thought? That day at the salon, he shouted that 1929 was a golden opportunity. I thought he was crazy too."
And what happened? Despite the three major positive developments, the market rose by 9 points.
Today, US stocks plummeted, and he again precisely bought at the bottom; this can't be explained by luck alone.
Zhou Xingbang picked up his herbal tea and took a sip: "He told me that he looks at valuation, policy, cycle, and human nature."
At the time, I thought he was just reciting a memorized text. Looking back now, I realize that I taught him for two years, but I never truly understood him.
His colleague patted him on the shoulder: "Don't blame yourself. You're a student who will be extraordinary in the future."
Also, don't take it to heart that Lu Chenzhou isn't allowed to expand the fundraising scale; it's putting the leaders in a difficult position too.
50 yuan is a lot of money; it's enough for him to do whatever he wants.
If he can make a huge profit, then the leaders probably won't stop him anymore.
Online forums, Baidu Tieba, are in an uproar again.
Main post title: Leverage Bro has become a legend again! Today, the market opened lower, and he went all in to buy CITIC Securities, making a whopping 27,000 yuan in one day!
"Yesterday, a bunch of people were calling him a gambling addict, but today? He precisely bought at the bottom at 19.11 and closed at 20.15, making 27,000 yuan in one day from a 500,000 yuan principal. Who among you can do that?"
"I admit I was a bit loud before, Leverage Bro, I'm sorry."
"No, who exactly is this person? Predicting three major positive factors could be attributed to luck, but today, with the US stock market crashing and the A-share market opening lower, he dared to go all in. This can't be explained by luck alone."
"Speaking from someone in the same school, Lu Chenzhou is usually very low-key in the department. He has always been in the top three in his class, but he is never the kind of person who likes to show off. This time, he was really provoked by Zhao Xianglong to make a move."
"Zhao Xianglong? That's the campus stock market guru who turned 100,000 into 20 million? I heard he vomited blood again today?"
"He vomited blood again. I heard today that Lu Chenzhou's fundraising account made 27,000 yuan in one day, and he smashed another computer. This is how rich people vent their anger in such a simple and unpretentious way."
"Hilarious! Zhao Xianglong did make a fortune from 100,000 to 20 million, which was impressive, but he lost so much in this bear market that he was practically unrecognizable. His fortune plummeted from 20 million to just a few million. Lu Chenzhou, on the other hand, used ten times leverage to buy at the absolute bottom, and now his unrealized profit is almost 200,000."
"By the way, has anyone calculated how much Lu Chenzhou has earned in his own account?"
"His own account had a leverage of 10 times, totaling 600,000 yuan. His cost basis with CITIC Securities was 15.42 yuan, and today's closing price was 20.15 yuan, resulting in a floating profit of approximately 183,000 yuan. Even after deducting interest, he still made tens of thousands of yuan. Adding the 27,000 yuan from the fundraising account, his total profit for the day was over 200,000 yuan."
"I didn't earn this much in five years."
"So this is the difference in understanding. He looks at valuations, policies, and cycles, while we look at candlestick charts, news, and panic. He dares to go all in when everyone is in despair, while we only chase the highs after the price has already risen."
"Stop bragging. This kind of trading will eventually lead to a margin call. With 10x leverage, one pullback and you're finished."
"Look at his current cost basis, 15.42, with the current price at 20.15. The safety margin is almost 30 points. Unless the market experiences consecutive limit-down days, how can he possibly get liquidated?"
"The person upstairs is right. And did you notice that his fundraising account bought at a cost of 19.11 today? That means he even calculated the point to add to his position. This guy is not simple."
"I don't care, I'm going to open an account tomorrow and buy CITIC Securities shares with Leverage Bro."
"Calm down, upstairs. You can't learn Leverage Bro's tactics. He heavily invested at the bottom, while you bought at the top. How can you compare?"
"I'm from the School of Economics and Management at Renmin University. Lu Chenzhou is a very steady person who controls the scale of his funds very tightly, unlike Zhao Xianglong who accepted all comers back then."
"Perspective! This is vision!"
"Give me a break! It's because Lu Chenzhou was reported, and the school leaders talked to him and told him to stop fundraising."
"Holy crap! There's more to this story. Could it be that Zhao Xianglong was the one who reported it?"
"Is there even a question? The most famous people at Renmin University who manage clients' money are Zhao Xianglong and Lu Chenzhou. Students don't have much money to begin with, and they all invest in Lu Chenzhou. Who has money left to invest in Zhao Xianglong?"
Zhao Xianglong will definitely find a way to get rid of Lu Chenzhou, and reporting him is a perfectly normal tactic.
"This play is getting more and more interesting."
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