My Wealth is like a Deep Sea
230 Straight Diving
In the early morning of the next day, major media, TV stations, and online news from across the country and headlines scrambled to report negative news for Fuan Jewelry.
At the same time as the news was overwhelming, as soon as the market opened, the stock price of Fu'an Jewellery appeared to plummet.
Under the pressure of several heavy empty plates, the share price of Fu'an Jewelry continued to fall.
Coupled with the news that emerged early in the morning, it immediately caused a chain reaction, even with the Yokohama Index falling. If a giant such as Tencent maintains the basic market, the Yokogawa Index will decline even more.
Ordinary investors see this scene, and related news, can't help but throw away!
For ordinary investors, Fuan Jewelry has encountered the right strategy. If it is really a fraudulent sale, it will also bear a huge legal responsibility, and it will be nowhere to be found.
Coupled with this wave of successive declines in stock prices, it is clear that this matter is true.
I'm afraid that Fu'an Jewelry is going to close down. Even if it doesn't close down, the company's major losses are true. Their stocks will also depreciate. Now they quickly sell the stocks of Fu'an Jewelry in the hope of stopping losses in time.
But now that everyone is selling stocks in Fu'an Jewelry, they simply can't do it if they want to stop losses in time.
Almost at the same time as their pending orders were ready to sell, the stock price immediately shrank again, resulting in no one taking orders at all, which in turn made ordinary investors lose confidence in Fu'an Jewelry, the price of the stock fell, and more panic, making them Intensifying and scrambling to sell the stocks in hand, I am afraid that the stocks of my injuries have not been sold at the bottom of Fu'an Jewelry's stock, and have become worthless.
In this case, some chaebols and hot money who were eyeing the lane stocks, like cats smelling fishy smell, stared closely at Fu'an Jewelry and began to intend to short lane stocks.
This was unexpected by Yang Long.
But they also set up a trap for the gang members.
Humans are inherently creatures with remarkable psychology.
When a stock continues to grow, the blind herd will buy the stock in large quantities, pushing the stock's ticket price up step by step.
But they have no idea why this stock is optimistic. The reason why the stock price is rising and rising steadily is because of the broad market prospects, the guo family's support, or the company's core technology.
Not many people will care.
They only know that this stock has been rising. Everyone is optimistic about it and they are buying, so the stock price will rise again, so they follow up and increase the weight so that they can make money.
Once a stock falls, even if the stock only falls temporarily, the company's business ability is still very strong, and the profit is also considerable, but it will still form a follow-up sell-off, causing the stock price to fall sharply.
For ordinary shareholders, stocks that do not make money but lose money are junk stocks.
Such stocks are not sold in time, are they still in hand to wait for the New Year?Waiting to be worthless?
Now, under the strong pressure of a large fund, the share price of Fu'an Jewelry has shown a sharp downward trend as soon as it opens.
In addition, newspapers, magazines, TV stations and other news media reported negative news from Fuan Jewelry. The confidence of ordinary investors in Fuan Jewellery was greatly shaken, and they wanted to stop selling when they quickly sold their stocks.
For a time, the crowd became popular and everyone was in danger. A large number of stocks were sold by pending orders, which caused the stock price to fall and caused more stocks to sell, forming a vicious circle.
The share price of Fuan Jewelry plunged in a straight line and fell wildly. It took only 5 hours to fall within an hour of opening.
Lane Harbor, Central.
Fu'an Jewelry Headquarters, Chairman's Office.
"How is this going?"
Chen Fuan, chairman of Fu'an Jewellery, sternly asked the company executives who were called to the office.
Director Xingzheng said seriously: "Boss, this is someone deliberately attacking our company's stock!"
"Of course I know this is someone maliciously targeting our company! I want to know why! I want to know who did it and why!"
Chen Fuan questioned fiercely, his fist struck on the table.
From this morning, he saw allegations of negative news from Fu'an Jewelry, and he knew that someone was deliberately targeting his company.
The subsequent diving of Fu'an Jewelry's stock price is not difficult to see that someone is deliberately suppressing the company's stock price.
Quite simply, if it were not for the other party to substantially sell Fu'an jewelry stocks, the market would follow suit.
Their company's stock price will never fall so badly.
Negative news comes first, suppressing stock prices later.
This is clearly a day-to-day malicious attack on their company.
It's just that he still doesn't know who is putting such a ruthless hand on their company!
Director Xingzheng said: "Who is targeting our company? I don’t know yet, but this thing first happened in Jicheng. The first closed store was also Wangfujing in Jicheng. The problem must be Jicheng Branch."
"Would you like to check it for me? Turn over the entire Jicheng branch for me to check! I will definitely find out the reason and the identity of the other party!"
Chen Fuan said angrily, his mood was very bad.
This person or group that suppresses their company's stock price has a long history. Not only has the media slammed their company, but the capital on the stock market to short their stocks is also massive.
This made him very worried. He pressed the temple heavily, and ordered the company quickly: "Repurchase the company’s stock immediately, we must stabilize the stock price, and let the public relations department contact the major news media, whether it is the street media or the mainland. The media, find them all and hold a press conference!"
As the chairman and president, the company's absolute leader, Chen Fuan's order was very smoothly implemented.
Soon, Fu'an Jewelry began to repurchase the company's stock, and called the media people to hold a press conference.
At the press conference, Chen Fuan seriously reprimanded in front of all reporters: "This is someone maliciously suppressing the stock of Fuan Jewelry. In fact, the operation of Fuan Jewelry is very healthy. We and the mainland, especially Jicheng, The cooperation is also very stable, in line with all the laws and regulations, so it is impossible for the company to go bankrupt!
"We have also taken repurchase measures. Those who maliciously suppress the stock of Fu'an Jewelry will soon face a painful return from Fu'an Jewelry!"
"As for the closure of the Fu'an jewellery branch in Jicheng, we have sent people to negotiate. The Jicheng branch is under investigation, but it is an omission in normal commercial operations. It will not cause Fuan jewelry operation. Any impact!"
...
Jicheng.
China Capital Group.
A large meeting room has been regarded as a temporary office. At this moment, the elite traders brought by Lin Hong are gathered, and a laptop is in hand, while operating the computer, while watching the LCD TV hanging on the wall.
At this moment, a live broadcast of the Fu'an Jewelry Press Conference is being broadcast on TV.
Lin Hong dignifiedly asked: "Brother Long, Fu'an Jewelry is ready to repurchase. Are we going to continue to increase short sales?"
They are shorting Fu'an Jewelry's stock, and Fu'an Jewelry will naturally repurchase the sold shares to stabilize the Group's stock price. This is something expected in the short and counterattack battle.
I don’t know how much money Fu An Jewelry can use to buy back stocks and stabilize the stock price.