Becoming the King of Bottom Fishing After Going All-In on A-Shares
Chapter 18 Deep V Reversal
At 9:30, the opening bell rang precisely on time, and the negative news was completely priced in.
The Shanghai Composite Index opened sharply lower by 68 points, breaking through the 2,200-point mark. The Shenzhen Component Index also weakened, and a chorus of lamentations erupted in the market.
CITIC Securities opened at 19.65 yuan, nearly 50 cents lower than yesterday's closing price, and the green numbers stung everyone's eyes.
"It's fallen, it's really fallen, we lost money right from the opening bell."
"I told you we should run, now it's all over."
"Shut up and don't disturb Brother Lu's operations."
Several timid students paced anxiously, their eyes unconsciously filled with resentment as they looked at Lu Chenzhou.
Lu Chenzhou remained motionless, his gaze calmly fixed on the betting odds.
Wen Zhiyu's heart pounded, her palms were sweaty, but she bit her lower lip tightly and stayed by his side without saying a word, staring at the plate.
Within just ten minutes of the market opening, a massive sell-off erupted, causing CITIC Securities' stock price to plummet to 19.41 yuan, just one step away from breaking through support levels.
The trading hall was deathly silent. Many students had tears in their eyes, their hands trembling slightly as they clutched their investment certificates, not even daring to sigh.
Inside the courtyard, Zhao Xianglong stared at the plummeting chart, slapped his thigh, and burst into wild laughter, his eyes filled with glee: "Fall, keep falling, smash it to the daily limit down!"
Just as the stock price was about to break down, a huge number of buy orders suddenly appeared on the order book, and mysterious funds once again entered the market aggressively, frantically absorbing the low-priced sell orders.
CITIC Securities' stock price seemed to be supported by an invisible hand, stopping its decline and starting to rise slowly.
19.60, 19.90, 20.30...
As the numbers climbed higher and higher, the students' exclamations grew louder and louder, and their pale faces gradually faded, replaced by flushed excitement.
In the afternoon, the securities sector staged a full-scale counterattack, with CITIC Securities surging all the way up to 21.01 yuan.
The intraday volatility exceeded 8%, completely reversing the downward trend in the morning session.
"It's back, it's back again! I knew it would come back."
"Brother Lu is awesome, Brother Lu is the most reliable."
"Amazing! Every time we're in a critical moment, mysterious funds come to the rescue. It's like they're divinely aided."
"In a favorable situation, the advantage is in my hands."
"I made money, I made money, today is another day of making a fortune."
The previous complaints and panic vanished, and cheers rose in waves.
The students surrounded Lu Chenzhou, their eyes filled with admiration.
Zhao Xianglong's face turned ashen as he watched the stock price surge against the trend. He abruptly swept the celadon teacup off the table, the sound of it shattering piercing the ear.
His eyes were bloodshot as he roared for the major players to dump their shares.
The chips that could be sold were quickly swallowed up by a surge of buying, and the tide had turned, leaving no room for recovery.
At exactly 3 p.m., the closing bell rang crisply, and the numbers on the market display screen froze completely.
The Shanghai Composite Index reversed course and rallied in the final minutes of trading, closing at 2216.81 points, up 0.69% against the market trend.
CITIC Securities closed at 20.98 yuan, achieving a perfect deep V-shaped reversal and securing two consecutive days of gains.
The trading hall erupted in cheers, which reached the ceiling.
A student, holding a calculator, was so excited his voice trembled:
"We've made a killing! Our 500,000 account has earned almost 20,000 today, bringing the total to nearly 50,000 in just two days! Brother Lu is a true genius!"
Lu Chenzhou glanced at the account data indifferently, his expression remaining calm and unchanging.
Own Account
Holding stock: CITIC Securities (600030)
Number of shares held: 38900
Historical average transaction price: 15.42 yuan
Today's closing price: 20.98 yuan
Today's portfolio value: 816122.00 yuan
Today's profit/loss: 32287.00 yuan (4.12%)
Total floating profit/loss: RMB 216284.00 (36.06%)
----------------
Student fundraising account
Holding stock: CITIC Securities (600030)
Invested principal: 500000.00 yuan
Historical average transaction price: 19.11 yuan
Number of shares held: 26164
Today's closing price: 20.98 yuan
Today's portfolio value: 548920.72 yuan
Today's profit/loss: 21716.12 yuan (4.12%)
Total floating profit/loss: RMB 48926.68 (9.78%)
My own account earned over 30,000 in a single day, bringing the total unrealized profit to over 210,000.
The student fundraising account earned over 20,000 yuan in a single day, bringing the total unrealized profit to nearly 50,000 yuan.
Wen Zhiyu breathed a long sigh of relief: "Another resounding victory."
The news that Lu Chenzhou had once again made a fortune spread like wildfire throughout the entire campus.
In the boys' dormitory building, a group of people gathered together, discussing the matter.
"Have you heard? Brother Lu made money again today. He earned 32,000 yuan in his own account and 21,000 yuan in his fundraising account."
"Almost 50,000 in two days, and that's only been two days! 500,000 in principal, 50,000 in profit, a 10% return, that would take three years to make in a bank wealth management product."
"No, you've miscalculated. The fundraising account bought shares at 19.11 yesterday when the market opened, and closed at 20.98 today. That's a profit of 1.87 yuan per share. 26164 shares would be 48,000 to nearly 50,000 yuan. Yes, you made almost 50,000 yuan in two days."
"Damn, so the thousand yuan I invested yesterday has already made almost a hundred in just two days?"
"That's about right, the rate of return is just outrageous."
"I regret it! I hesitated and didn't submit my application the day before yesterday, and yesterday the deadline had already passed."
"Forget about it, the school has banned fundraising, and Brother Lu has been summoned for questioning."
"Who reported him? Zhao Xianglong, right? That bastard ruined someone else's livelihood by making a mistake himself?"
"Keep your voice down, he has connections. But seriously, Brother Lu's actions were really steady. The market dropped so much at the opening today, but he didn't sell a single share. He just sat there and didn't move the whole time. I really admire his composure."
"Did you guys see today's intraday chart? It opened at 19.65 and dropped to a low of 19.41. At that point, I thought it was all over. But then some mysterious funds came in and pulled it up to 21.01. The intraday range was 8 points. It was so exciting."
"Brother Lu said, 'Don't move, continue holding.' Just six words, that's incredibly safe."
"I'm just hoping it will continue to rise tomorrow. Brother Lu said he'd see it above 3000 points, but this is just the beginning."
In the girls' dormitory, the discussions among the girls were noticeably more detailed.
"Wen Zhiyu stood with Lu Chenzhou all day again today. Did you notice? She stood even closer to him today."
"Nonsense, the fundraising account made 27,000 yesterday and another 21,000 today. It made almost 50,000 in two days. If I were in their shoes, I would have stood closer too."
"No, you guys think Wen Zhiyu actually invested how much money? Isn't she having a tough time?"
"I heard she invested all her savings from the past few years. Nobody knows the exact amount, but she's definitely a big spender in the fundraising."
"Wow, she's incredibly audacious! That's her mother's life-saving money!"
"But she made the right bet. Her fundraising account earned almost 50,000 in just two days. How long would she have to work to save 50,000?"
"That's true, but I still don't dare. What if I fall?"
"So other people are making money while you aren't, it's a difference in perception."
"Don't just talk about Wen Zhiyu. Did you see Lu Chenzhou's actions today? The opening price was 19.65, and the lowest point was 19.41. He remained expressionless and motionless the entire time."
My heart was pounding just watching him. How could he stay so calm?
"This is the difference between a master and a novice: a master looks at the big picture, while a novice focuses on intraday price movements."
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