My Wealth is like a Deep Sea
Chapter 234 Unable to Repurchase
At that time, the company's stock will become a play/thing in the hands of others.
If you want to rise, you want to rise, if you want to fall, you have no way.
The stock market will in turn affect the company and make it a toy for others.
As more and more securities and banks sell short positions, Fu'an Jewel's stock price declines again, like a rush.
China Capital Group.
"Dragon brother, so many short positions, as expected, those securities companies and investment banks followed me out of the position/cash!"
Lin Hong's eyes were shining and he looked at Yang Long with admiration: "Brother Dragon, what should I do next? Continue to throw?"
She didn't expect Yang Long's financial sense of smell to be so keen. Every move in the stock market was under his control.
"Of course, sell all the Fu'an jewelry stocks in your hands!"
Yang Long nodded and smiled, "As a precursor, you can't give up your dead hand. How dare people behind you keep up?"
The reason why he deliberately showed weakness after carrying out some sniping, and let Fuan Jewelry's stocks rise, is for this moment.
The reason for showing weakness is to paralyze Fu'an Jewelry, making them think that he is in a desperate end, and he can firmly pick up the stock price.
The reason why he let Lin Hong put on their company's account and sell their Fu'an jewelry shares in their own name was for this moment.
In order to catch fish in muddy water, all major securities funds and investment banks that are still on the sidelines are led out.
As for why when a large number of retail investors dumped their stocks in the morning, those securities, funds, and banks did not sell off with the retail investors, but chose to wait and see, just to wait for the moment.
As experts in the financial industry, these companies are very clear that if they set off/exit when the stock price drops sharply, they will lock up Baiji.
The amount of stocks in their hands is huge. As the stock price continues to fall, the stocks sold will only increase. Only those small orders that are sold by retail investors can be sold.
There is no buyer to take over such a large amount of stock.
Forcing out/cashing out will only make the stock price fall faster and more, fall into a vicious circle, and completely kill yourself.
Only when Fuan Jewelry begins to repurchase shares, they will be able to set aside / leave the market.
At this time, Fu'an Jewelry will repurchase a large number of stocks, and the stock price will be much higher than before.
Whether it is the price of the stock or the speed of cash out/cashing, this is the best time.
Will Fuan Jewelry buy back shares?
This is beyond doubt!
It is absolutely impossible for a big enterprise like Fu'an Jewelry to let its own stocks go, and thus gradually become a toy for others, which is related to their life and death.
Large companies like them must also have huge amounts of money to buy back stocks.
They are waiting for Fuan Jewelry to start a repurchase strategy, and they are also waiting for the reaction of other peers.
Once Fuan Jewelry repurchases stocks and has peers in other securities, funds, and banks, they lose confidence in Fuan Jewelry and set aside/cash stocks, they will immediately follow up and throw out a large number of their shares and set aside/cash out of the market.
Opening mid-to-low, the stock price rising, this is a very good opportunity for outsourcing/cashing, and with the advent of Shengshi Group Zhuyu, other securities, funds, and banks will naturally follow closely, and the outsourcing/cashing out .
Of course, some of the hot money has already been sold out beforehand. Although the reserve price has left the market, it is not losing money at all, and it can still make a profit.
Seeing this, Yang Long couldn’t help but smile slightly and called Zheng Mingli again: “Old Zheng, contact the media again and spread the news that the securities funds and banks are not optimistic about Fu’an Jewelry. The bigger the trouble, the better!”
The empty offer at the opening in the afternoon was already the last ultimatum issued by Yang Long to Fuan Jewelry.
In the morning, he sniped Fu An Jewelry's stock so hard that the stock price of Fu An Jewelry fell directly by 30%. No matter who sees his stock being sniped and shorted for no reason, he will not be indifferent. He must definitely investigate and deal with himself behind the scenes. The identity of the person, and his reason and purpose to deal with Baiji.
With the ability of Fuan Jewelry, it is impossible to find out why he dealt with them, and giving them half a day is enough, not to mention Ding Wenyu as a company shareholder, he will definitely know the problem as soon as possible.
But Fu An Jewelry not only refused to be honest, but instead engaged in a tug-of-war with himself, consuming a lot of his own funds, and even thought of putting himself in the stock market by raising the stock price steadily. Since they are dead, it’s no wonder Stubbornly.
Is the share of shares held by companies such as certificates/volumes, base/gold, and silver/banks comparable to ordinary retail investors?
The huge number of outgoing positions instantly returned Fu'an Jewelry's stock to its original shape, and the stock price fell again and again.
While the major securities/bonds, funds/gold, silver/banks have set out/cash out, suppressing the stock price of Fu'an Jewelry, the news of these companies' heavy punches is also spreading on the Internet.
When the major securities/bonds, base/gold, silver/banks sold the Fu'an jewelry stocks, the news immediately caused great repercussions in the stock market.
In the minds of ordinary investors, securities/volumes, funds/gold, silver/banks are the top players in the stock market, the weather vane of the stock market, and their behaviors and actions are the targets for all investors.
Now that the major certificates/volumes, base/gold, and silver/banks are selling stocks of Fu'an Jewelry, it is clear that Fu'an Jewelry has become an absolute junk stock. If you hold it in your hand, you must not wait for the mold?
For a time, ordinary retail investors also frantically followed up and sold stocks of Fu'an Jewelry.
In just half an hour, there was a shortage of funds in the repurchase funds of Fuan Jewelry.
"Boss, our funds are about to bottom out!"
The director of the finance department, who presided over the stock repurchase, had to call again and hurriedly report the matter to Chen Fuan.
"Funding bottom?"
Chen Fuan stunned scared, screaming at the phone, "How do you act as a financial director? I have allocated 7 billion of funds to you, and how much money is 7 billion, how could it be so soon?"
The Financial Director bitterly replied: "Boss, there are too many stocks thrown out by those certificates/bonds and fund/gold companies. We can't resist it at all. Boss, otherwise... shall we stop buying back shares?"
As the top ten jewelry company in China, Fu'an Jewelry's assets are very strong.
But assets are not equal to working capital. Fu'an Jewelry also has a common problem that almost all large companies have, that is, insufficient working capital.
The industry with the most liquidity is finance. After all, the financial industry is an industry that was born out of money.
Zhengyi, Funds/Gold, Silver/Banks are all in the financial industry.
The second is energy/source and communications. These two industries have large transaction volume, fast transaction speed, and often sufficient liquidity materials.
Fu'an Jewelry is a traditional jewelry industry. The purchase of raw materials, origin, and jewelry has a huge demand for capital. On the surface, it seems that Fu'an Jewelry's market value will be more than 30 billion yuan, and Pang You's assets, but this is based on a large number of Fu'an jewelry. Based on the origin, raw materials and jewelry.
Apart from these real estate properties, in fact Fufuan Jewelry's liquidity is not ample, and it is already the limit of Fuan Jewelry to be able to withdraw 7 billion yuan into the stock market.
However, these seven billion yuan, the acquisition of ordinary shareholders in the morning, and the stocks thrown by Yang Long, consumed more than one billion.
Despite this, the market value fell by 30%, plus the billions of repurchase funds, the company lost billions of dollars.