311: No one dumped shares, and it hit the daily limit instantly!
It was indeed a certainty.
At the very least, today, if a survey were conducted asking whether Junlin Finance could hit the price limit, many people would definitely say yes.
And in fact, that was indeed the case.
As for why no one was Buying at the limit price?!
Actually, for it to open this high today, it was basically because people were bidding at the limit price to push it up; otherwise, it wouldn't have opened so high at all.
In the Stock Bar, those talking the most were basically Retail Investors who didn't hold any shares.
They were marvelling at Junlin Finance's madness today.
"It'll probably Hit the limit in seconds once the market opens!!"
"Impossible. For a stock with a market value of over a trillion, opening like this is already ridiculous enough. Who would take over the shares? Just to gamble on tomorrow's premium?"
"Opening this high, I'm definitely going to dump. There's only about two percent of upside left, but the downside is infinite."
"I reckon many Stock Investors think the same way; it's bound to fall after the opening."
"Damn, this is exciting. Even the overall market index was pulled into a high opening by Junlin Finance. It'll probably lead a market crash in a bit."
Time passed quickly, and the five-minute call auction period vanished in an instant.
9:30 arrived.
The stock market opened.
There were many Stock Investors, Hot Money, and even experienced Institutions.
They were all waiting for Junlin Finance to drop.
An increase of 7.88% was indeed a bit hard to swallow, but if it could drop by maybe two or five percent, there would be room to operate.
But as soon as the market opened, the price of 238 surged instantly.
239!
240!
241!
242!
244.2!
Locked at the limit up.
Hit the limit in seconds!!
In less than a minute, Junlin Finance surged to the limit up.
Before 9:31, the battle was over.
[short-term spirit: Junlin Finance is locked at the limit up!]
The buy orders at the limit price also skyrocketed instantly, soaring from an initial 3 billion to over 50 billion.
Everyone stared at this stock, dumbfounded.
This wasn't some stock worth a few billion or tens of billions; this was a stock worth over a trillion.
It could still pull off a super high opening and Hit the limit in seconds?
It was simply invincible.
Those Institutions still waiting like fish at the six-percent mark to take over were also dumbstruck by this scene.
"What the hell is going on?"
"It's already locked at the limit? Dammit, I haven't even gotten on board yet."
"Disgusting, so disgusting. Junlin Finance is actually playing like this?!"
"Missing out, a blatant case of missing out."
"No one is dumping at all. Everyone is frantically grabbing shares. Hitting the limit in seconds—a company with a market value of over a trillion hitting the limit in seconds!! I've truly seen it all now."
A group of big shots stood bewildered in the wind, clutching their capital.
On the contrary, those Retail Investors who acted on impulse and got on board during the call auction had actually made over two percent by now.
While the big shots missed out, some Retail Investors who managed to buy started getting cocky in the Stock Bar.
"Feels good, I got in!"
"Haha, I knew getting on board during the call auction was the right move. With such great performance from Junlin Finance, not having a one-word board was just giving everyone time to get in. Yet some people were still greedy, and look what happened—they missed out completely!!"
"Sweet. Brothers who have shares can come out and show them off. I heard a lot of Institutions missed out!!"
"Steady as a rock!!"
Junlin Finance hitting the limit in seconds made the momentum of the overall market index even more aggressive today.
Junlin Finance was a banner, a banner for the bulls' offensive.
Over 50 billion in Limit-up buy orders.
Seeing these orders acted as a reassurance for a lot of capital looking to Go long.
Just go for it today!!
...To be continued tomorrow.
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