117: Even after the stock hit its daily limit down, Junlin Ge (Brother Junlin) is still holding on!
This limit down came completely unexpectedly.
Too many Stock Investors hadn't expected Potential Hengxin to be so vulnerable.
When the call auction opened at -7.8%, some sharp Hot Money investors sensed that something was wrong.
They immediately placed a limit down order to escape first.
The subsequent movement further validated their suspicion.
A limit down reached in less than 5 seconds.
Basically, anyone who didn't sell during the call auction couldn't get out after the market opened without placing a limit down order!
[short-term spirit: Potential Hengxin hit limit down upon opening, with a locked order volume of 170 million!]
[Flush Express: Potential Hengxin hit limit down upon opening, having previously achieved 6 consecutive Limit Ups!]
The Retail Investors stared at the scene, utterly dumbfounded.
"What's going on? What the hell is going on?"
"It hit limit down just like that? The buying support is too weak!!"
"Damn it, last night I saw Brother Lin didn't add any positions, so I mindlessly placed a limit down order and ran!!"
"This stock is finished. Following Brother Lin's 'exit upon limit down' theory, we must place an order and run today. Now we just have to see if any capital chooses to self-rescue and pry open the limit down!!"
"I estimate the main force didn't leave today either. Brothers, don't panic, don't place a limit down order yet, or the panic will only intensify later!"
"Shit, I'm not placing a limit down order, but you are, right? Look now, the locked limit down volume is already 200 million!"
Up until 10 AM, and even 11 AM, the locked orders on the limit down remained quietly hanging there.
No one went to open it.
The Retail Investors were already despairing.
Those who had originally thought the board would open today to let them leave were now completely hopeless.
Noon passed.
The market opened at 1 PM.
Inside the trading room of Junlin Finance.
Several Traders, following Wang Lin's orders, began using tens of millions of yuan in capital to 'light the fire' and pry open Potential Hengxin.
"We're lighting the fire with tens of millions, but I wonder if we can dispel the panic surrounding this stock!"
"I think it's a bit difficult. After all, today's panic stems from many Stock Investors interpreting our boss's lack of major buying as disapproval. They think Brother Lin doesn't favor this stock."
"But who knew? The boss was just cooperating with the main force to completely shake out all the uncommitted Retail Investors today!!"
"In that case, won't those Retail Investors resent our boss?"
"Resentment? The stock market is inherently a zero-sum game. Didn't the money our boss earned come from plundering this market? If you lack ability, you must be prepared to be emptied out!"
"Alright, stop chatting and get back to work. The boss announced today that we absolutely must appear on the dragon and tiger list, and we need to be today's top buyer!"
If the Retail Investors were wandering in hell this morning.
Then in the afternoon, in their view, a passage leading to heaven suddenly opened up in hell.
Against the locked order volume of over 200 million, buying orders worth tens of millions of yuan suddenly appeared.
This buying surged straight into the sky!
Allowing the Retail Investors to regain their confidence!
A dozen seconds later, another large order worth tens of millions swept up the shares!
Two consecutive large orders sweeping up shares were like a charging horn.
Every Stock Investor who witnessed this canceled their sell orders.
Originally, placing a limit down order meant seeing no hope, but now they saw the possibility of opening the limit down, or even achieving a Limit Down to Limit Up Reversal.
Placing a limit down order at this moment—wasn't that insane!?
1:03 PM.
Another buy order worth tens of millions appeared.
At this point, only slightly over 30 million in sell orders remained on the limit down.
The opening of the board could happen at any moment.
1:05 PM.
[short-term spirit: Potential Hengxin opens limit down!]
It finally opened.
Staring at this moment, some Stock Investors who specialized in 'Dragon Head Negative' strategy could no longer hold back when they saw this, and they rushed in with small positions.
Of course, there were also those Stock Investors who, in a moment of passion, went all-in with a full position.
This time, they might have actually caught the opportunity.
After the board opened, a pulse followed immediately.
-8.7%!
-7.5%!
-6.4%!
In just a few minutes, the drop narrowed to a maximum of around -5%.
However, trying to push higher, it stalled.
Some experienced Stock Investors took advantage of this high point to dump all the chips they held.
From -5% to limit down.
For the current Potential Hengxin, it wouldn't even take 2 minutes.
If there was no buying support below, it would hit limit down in minutes.
And that is exactly how it traded.
In short, today's summary is simple: Potential Hengxin repeatedly opened and closed right on the edge of limit down!
The trading situation is now very clear.
Those who believe it will rise tomorrow can buy shares at limit down.
Those who believe it will fall tomorrow can exit at the high points today!
Little Crocodile, the Hot Money investor, was naturally also watching the market today.
He had already sold half his position when it reached -5%, but for the remaining half, he felt the stock's run wasn't over yet.
"Should I sell? What if it gaps down again tomorrow?"
Little Crocodile hesitated slightly.
"But Brother Lin hasn't left yet. I feel like he won't leave today. Maybe I should wait and check the dragon and tiger list? Anyway, I still have profit on this stock!"
Little Crocodile was conflicted, but ultimately, the desire to see Brother Lin's intentions took precedence, and he did not move the remaining half position.
Until closing, Potential Hengxin ultimately closed down at -10%, resting on the limit down.
5 PM.
The highly anticipated dragon and tiger list was updated.
Potential Hengxin was the focus of everyone's attention!
When the list was released and the top buyer's seat appeared, everyone was stunned, shocked, and bewildered!
"Holy cow!!"
"What the heck, Brother Lin, you're playing like this?! You bought over 200 million worth of shares at limit down?!"
"I'm tearing up. This is the Brother Lin I know! Adding positions at limit down, and doubling the position! Confidence is back, brothers!!"
"Limit Up! It absolutely must hit Limit Up tomorrow!!"
"Damn, damn, I was shaken out today!!"
"Heaven knows how excited I was when I saw this top buyer! Right now, I just want to shout, Brother Lin is awesome!!"
"To dare to add such a large position, Brother Lin is truly fierce!!"
"If it gaps up tomorrow, Brother Lin's reputation is likely to soar again!!"
"Say no more. I ran at limit down today, but after seeing this list, I quietly placed an overnight limit up order to grab shares. Don't ask why; just know that I am Brother Lin's die-hard fan!"
"He hasn't left. That man hasn't left. Everyone get hyped up for tomorrow!!"
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