Chapter 127: An Unorthodox Move, Go Big or Go Home
「The next morning.」
Everyone else was already in Lin Feng’s office.
Yang Qiniang was also by Lin Feng’s side.
The relevant staff from the brokerage firm had also arrived.
You could say the entire company was now watching the movement of this capital.
When the market opened for trading,
Lin Feng didn’t make a move. Instead, he waited half an hour.
He opened the Growth Enterprise Market board on his computer.
Pointing to a stock, he said, "Fifty million into this one. Now!"
As Lin Feng gave the order, the others all pulled up the information for that stock.
The stock had been in the red for seven consecutive days.
Its performance was persistently sluggish.
If they bought in now, it would indeed be at a low price.
But looking at the stock’s downward momentum,
it probably wouldn’t stop falling anytime soon.
Companies on the Growth Enterprise Market board, in particular, were a mixed bag.
Some of these stocks were even privately called "junk" by industry insiders.
"Mr. Lin, perhaps you should reconsider. This stock’s... future valuation isn’t good..."
one of the core team members holding a file said, hesitating for a moment before speaking up.
It wasn’t that he was questioning Lin Feng’s decision.
Rather, from a professional standpoint, this stock showed no potential to hit rock bottom and rebound.
Lin Feng looked at the man. "I’ve said that I’m in charge. I’m telling you what to do, not asking you to tell me what to do!"
Lin Feng’s presence was intimidating.
The senior staff had only meant it as a light suggestion.
Now, seeing how decisive Lin Feng was, they no longer objected.
The staff at the brokerage department had already bought fifty million yuan worth.
After Lin Feng’s capital was injected,
some retail investors also followed his large investment and threw money in.
They were probably trying to ride the coattails of the big money.
But more people were just being opportunistic.
’This stock has been falling for so long, anyway...’
’Maybe today’s the day it’ll rise!’
However, most people’s attention was on the stocks of larger companies.
And with the injection of Lin Feng’s funds,
the stock’s price line was indeed pulled up to a certain extent.
But the stock market of the Celestial Dynasty had always been volatile.
Those retail investors thought they had caught a dark horse.
But in less than half an hour, this dark horse fell right back down.
And based on the trend, it looked like it would keep going lower.
These timid retail investors were already starting to tremble.
Meanwhile, the core personnel watching the trends at the brokerage firm and in the office...
were all breaking out in a cold sweat.
Some were even bracing themselves for a loss.
But Lin Feng didn’t even glance at that stock. He turned his attention to the tech board just before the lunch break halt.
He picked a stock from this board.
"Seventy million into this one!"
Having learned from the previous person’s mistake,
no one argued this time.
Instead, they carried out Lin Feng’s order with great speed.
This stock was in the semiconductor sector of the tech market.
Due to some recent international rumors,
the semiconductor sector had been in a slump for a long time.
This particular stock was considered the least resilient of the bunch.
You could tell from its price chart that it fluctuated wildly.
The other staff members in the room broke into a sweat for Lin Feng when they saw this stock.
You have to understand, with a stock like this, if you buy and sell at the right time, you can still make a profit.
But it was extremely difficult.
Even many veterans in the industry who bought such stocks were just relying on luck and speculation.
There was no discernible pattern to follow.
Now, the three core personnel Lin Feng had chosen finally understood.
The company’s President Lin was someone who liked to take an unconventional, risky approach.
It was just that the two stocks he had chosen so far...
were so dangerous that even people who favored such unconventional methods would find them risky.
The fastest stock trade settlement is T+1.
This meant that no matter how the stocks performed today, they couldn’t be sold until tomorrow.
Some staff members had already started to quietly calculate the worst-case scenario.
Lin Feng had bought a total of 120 million yuan worth of stock today.
If a large transaction like this really resulted in a loss,
based on the decline of these two stocks over the past few days,
it was very likely they could lose nearly ten million in a single day.
After calculating this figure, everyone’s expression turned grim.
Yang Qiniang was also spooked by Lin Feng’s bold moves.
"Are these two really going to work...? Maybe for the rest, let’s consider the consumer and baijiu stocks we were looking at. At least those are stable!"
Yang Qiniang kept muttering nervously in Lin Feng’s ear.
These moves were simply too terrifying.
Lin Feng smiled and patted Yang Qiniang’s shoulder. "Relax!"
Immediately after, Lin Feng turned and invested the rest of the money in four other stocks.
Most of these four stocks showed the same sluggish trend as the two he had chosen earlier.
"Brother Feng... isn’t this too much of a gamble!"
Yang Qiniang’s face had turned pale with fright.
It wasn’t that Yang Qiniang was a coward.
It was because he had been influenced to some degree by his family background.
Furthermore, both Yang Qiniang and Lin Feng were finance students.
They both had at least some understanding of the stock market.
Otherwise, they wouldn’t have thought of opening an investment firm like this.
It was precisely because he understood the situation
that Yang Qiniang’s expression was so grim.
Although Yang Qiniang had always known that Lin Feng’s stock market investments yielded good returns,
the four stocks Lin Feng had just purchased,
although they covered various sectors,
were all extremely dangerous.
If you had to find a commonality between them,
it was that they were either hovering on the brink of being delisted,
or they were stocks that had been languishing for a long time, engaged in a death struggle.
Lin Feng bought huge stakes in these stocks without even batting an eye.
He had thrown all their capital into them.
It was truly terrifying to watch.
However, Yang Qiniang suddenly remembered Lin Feng’s ten-million-yuan Ferrari.
Lin Feng had also bought a new car recently.
’This proves that Lin Feng’s investment methods can still make money in the stock market.’
’And probably quite a lot, too...’
’Lin Feng had experience investing in the market before.’
’Could it be that Lin Feng has his own method?’
So, back in the office, Yang Qiniang steadied his nerves.
He tried his best to believe in Lin Feng.
However, by the time the market closed for the day,
not a single one of the stocks Lin Feng bought was in the green.
The atmosphere in the entire office grew heavy and stagnant.