129: Limit down? Wang Lin enters the market, and in 5 seconds, 500 million yuan worth of shares are sold off!
Truly terrifying.
It really is truly terrifying!
What exactly happened to Wangsu Technology to make so many Institutions and top Hot Money funds start fiercely battling each other?!
Furthermore, are there internal conflicts and disagreements even among the Institutions themselves?
Otherwise, why are the top three spots on both the buy list and the sell list occupied by Institutional seats today?
Or perhaps they are Hot Money funds masquerading as Institutional seats!?
Ordinary Stock Investors have no way of knowing this information.
They only know that today, the trading volume for Wangsu Technology has exploded!
They also saw top-tier Hot Money funds, rarely seen before, making it onto the list, and with massive amounts of capital!
"This is incredible! I've been watching the long-short battle for Wangsu Technology all day. Ten Thousand Lot Brother is throwing money around like it's worthless!!"
"I remember Alliance Leader Zhang hasn't been on the dragon and tiger list for a long time, right? I never expected him to pull off something this huge right after his return!"
"Insane! I also participated in today's billion-dollar battle with 50,000 yuan!"
"Haha, let's hope you don't get buried tomorrow!"
"Buried? Old Zhang bought over 600 million yuan worth yesterday and today, right? If the big shot isn't scared, why should I be afraid? At worst, I'll just Cut My Losses Permanently!"
"My idol Stock Trading for a Living has entered the market. Tomorrow, I must go and help out!"
"But since the sell list is completely dominated by Institutions, do you guys think we can still buy?"
At this moment.
Only Retail Investors were leaving comments below the dragon and tiger list and in the Stock Bar.
As for everyone else, there was surprisingly no sound.
The calm before the storm is exactly like this.
Tuesday morning.
Alliance Leader Zhang woke up very early. He looked at the scenery outside the window, thinking about his decision to choose Wangsu Technology this time.
He understood in his heart that the capital in the top three spots on the buy list was all bought by Wang Lin.
He had actually poured in over a billion yuan in buy orders in just one day.
Alliance Leader Zhang sighed, "Running a company is great. Besides your own capital, you can constantly buy, buy, buy using other people's money."
"Regardless of whether this succeeds or fails, I must remember this favor!"
Across the country, many big shots woke up very early today, especially those involved in this battle.
9:15 AM.
Wang Lin had already arrived at the Trader room. He wanted to personally observe the trend of Wangsu Technology today.
If yesterday was an evenly matched fight, with the bulls holding a slight advantage.
Then today was completely the main battlefield for the bears.
After all, without Wang Lin participating, and with the bulls having deployed almost all the capital they had yesterday.
During the call auction, the decline of the bulls was very evident.
The call auction ended with an opening price of -2.1% and a call auction amount of 95 million yuan.
Upon seeing this scene, Wang Lin already sensed that something was wrong.
Sure enough!
9:30 AM.
Initially, the bulls could still charge upward slightly.
But no matter how hard they charged, they couldn't break through the zero axis into the red.
Unable to break through, Retail Investors began to panic at this point.
For them, giving back the money they earned, or even turning a profit into a loss, was simply worse than death.
Therefore, this trend of failing to charge up and instead crashing down caused countless Retail Investors to quickly sell.
It was precisely by capitalizing on this downward crash that Institutions began to exert frantic force.
Ten Thousand Lot Brother dumped over 70 million yuan worth of chips in just 10 seconds.
A deep pit of negative 4% appeared.
The subsequent minutes of rebound all stopped as soon as they touched the upper side of the moving average.
It was clear that Institutions were trading, slowly grinding down the patience of the bulls.
And five minutes later, they dumped about another 100 million yuan worth of chips, pressing the price directly toward limit down.
Nothing else mattered; today was about blindly pressing for limit down.
Although there was still resistance at the bottom, the stock was not far from a true limit down.
This trading method was simple and brutal, yet it struck directly at the core weakness!
After all, Hot Money funds are not monolithic; when faced with a decline, it's already good if they don't panic-sell and run, let alone continue to cover losses and push the price up?
In the Stock Bar, panic had already spread.
"Damn, damn, damn, what's going on with Wangsu Technology today? They're smashing it straight toward limit down right from the start?"
"It's already down 7 points! I bought at the flat price yesterday and I'm already losing 3 points today. Why the hell didn't I run during the call auction!!"
"I saw the green opening during the call auction today and even added to my position. What can I do now?"
"Don't even talk about it. I went all-in with a full position yesterday, thinking the combination of Alliance Leader Zhang + Stock Trading for a Living would let me soar, but who knew it would crash immediately?"
"How did that saying go? If a stock has too many awesome Hot Money funds, you must run quickly, because nobody is going to spend money to carry someone else's sedan chair!"
"It pulled back to negative 5 again. Guys, should we sell? I feel like I can't hold on!"
"Holy crap, it's limit down!!"
9:47 AM.
Wangsu Technology hit limit down.
Furthermore, besides this stock, other stocks related to the CDN Sector were also trending downward.
This kind of sector-wide smash-down cannot be operated by anyone other than Institutions.
Watching Wangsu Technology hit limit down, the Sell-side Lock-up Orders kept increasing from 100 million yuan.
In just a few minutes, it reached nearly 200 million yuan.
Alliance Leader Zhang felt his head suddenly buzz, and the whole world in front of him turned into stars.
Whether it was the call auction today or the subsequent pull-up after the opening, he was the one behind it.
In just over ten minutes, he had already poured in several hundred million yuan.
The capital he had on hand was quickly running out.
Even his Wife next to him was terrified, standing there barely daring to breathe.
"Could it be that we really can't beat them?" Alliance Leader Zhang was unwilling to accept defeat.
10:00 AM.
The people from Invesco Great Wall Fund Management and China Harvest Fund had already begun to celebrate.
Clearly, although they paid a heavy price today, the results were definitely positive.
One smash scattered all the bullish sentiment in the entire stock, spreading panic.
Retail Investors were so terrified that they followed suit and placed limit down sell orders.
Under these circumstances, they could pop the champagne early.
"Heh, he's just Alliance Leader Zhang. No matter how large his capital is, can it be larger than ours?"
"And he specifically chose this stock to fight us—he's truly looking for death!"
"Let's not mention him. He's just Hot Money. Even if he's called Alliance Leader Zhang, isn't he still just Hot Money?"
"If he had honestly traded Stock Index Futures, perhaps he could have earned even more."
"But he might also have lost more, right?!"
The group of Fund Managers burst into laughter.
From their perspective, this was certainly the case.
After all, they genuinely earn money regardless of market conditions!
.
Inside Junlin Finance.
The Traders watched Wangsu Technology continuously decline until it hit limit down, not daring to say a single word.
Wang Lin, standing behind them, watched today's trading floor with great interest.
[Wangsu Technology will execute a Limit Down to Limit Up Reversal today. News of the cooperation agreement with Amazon will be announced after the market closes in the afternoon!]
This news was pushed to him by the system today.
According to the system display, the Limit Down to Limit Up Reversal would appear in the afternoon.
It was likely that some Institutions had learned insider information through special channels, which is why they frantically Pried the Board and pulled off the Limit Down to Limit Up Reversal.
After all, cooperation of this magnitude certainly wouldn't be stopped by just one or two Limit Ups!
Finally.
Wang Lin spoke: "Start buying. Use the CITIC Securities Zheng County Huaihai Road Branch seat. It's time to show my face in front of the Stock Investors, lest they think I wouldn't be involved in such an important battle!"
As his voice fell.
The Sell-side Lock-up Orders on the limit down board, which had already piled up to 480 million yuan, reflecting a market in extreme panic.
The next second, a 100 million yuan order instantly consumed a portion of the sell-side.
The Retail Investors who were still watching the market, seeing the Sell-side Lock-up Orders on the limit down board and the towering line on the intraday chart, had their brains crash for a second.
One second later, another 100 million yuan order.
One second after that, another 100 million yuan order came!
And then immediately following that was yet another 100 million yuan order!
In 5 seconds, 500 million yuan worth of orders consumed all the Sell-side Lock-up Orders on the limit down board!
Furthermore, the remaining 20 million yuan raised the stock price by one percentage point!
The Stock Bar instantly exploded!
Hot Money and Institutions were all shocked!
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