35: It's hard to get off the bus, you have to suffer in silence!

It was indeed a Shakeout by the main force.

But today, the main force was determined to perform a Shakeout of the overall market index, a deep Shakeout, a Shakeout that made everyone feel like it was the end of the world!

It could be said that today, the main force of Ourpalm was truly bleeding heavily.

They were Dump Stock-ing regardless of the cost.

And it was the kind of trading that made anyone who saw it feel that this stock had no hope.

These Traders of the main force, who had direct access to the major shareholders, were not trading with their own money.

Since the boss had given the word to shake out the Retail Investors, they had to accomplish it at all costs.

How to perform a Shakeout?

It is very simple: just Dump Stock. Especially with a suppression-style Shakeout, you just drive it straight to the limit down, and that is it.

This method of deliberately creating a panic-induced decline is the simplest and most effective.

But the only difficulty is that it consumes a lot of chips.

There is also a shock-style Shakeout, but that sounds time-consuming, and they did not have the time for that.

Therefore, today, all Stock Investors watched helplessly as Ourpalm opened low and kept killing the price downward!

It followed the lower edge of the moving average, heading all the way down. Even if there was a rebound in the middle, it was killed back down as soon as it hit the moving average.

This kind of downward killing is the most disgusting, especially for those holding the stock; it is just watching the money in their accounts being taken away bit by bit.

"Damn, this is so disgusting. What is the meaning of Ourpalm's gap down and low run today?"

"I could not even wait for a rebound. I am really going to puke!!"

"Good thing I sold as soon as I saw the gap down. After all, normally, this stock should have been surging upward today, or at the very least, oscillating within yesterday's box range. Breaking the position with a downward kill is just too ugly!!"

"It is a complete bearish engulfing pattern. If there is another low open tomorrow, that is it, everyone is buried!!"

"It has already fallen 5 points below the water line. Is that enough?!"

"Damn it, I did not sell at negative 3, but I really could not wait at negative 5, so I sold!"

"I just followed the trade yesterday, and it collapsed today?"

"Following King Over the World? You crack me up. That guy is just a shill. Have you ever seen a normal person hitting the limit up every day? And 10x profit? It is hilarious!"

"Fuck, I believe in him anyway!"

Step one of a precise Shakeout: Dump Stock.

Step two: Smear.

Smear Wang Lin, thereby causing the Retail Investors to have doubts, and then sell.

This step is actually particularly critical and very effective.

How should one describe the group of Retail Investors?

Stubborn, extremely self-centered, yet incredibly easy to trust others, and emotionally unstable.

It can be said that in the stock market, all sorts of weaknesses are infinitely magnified.

Especially when facing money.

This also led to a situation where, with this decline and smear campaign, countless chips were flushed out before it even hit the limit down.

The main force was slowly absorbing these chips while constantly continuing to Dump Stock.

These two are not in conflict.

After watching for a long time and figuring this out, Wang Lin glanced at his own margin-financed chips.

There were more than 12 million in total.

It would usually be quite difficult to buy chips with this amount of capital, but under today's large fluctuations and major shocks, it was very simple.

After all, this time was the same situation as the last time Company Name fell, except that the person trading had changed.

For Ourpalm, hitting the limit down was just a matter of time.

CITIC Securities Zheng County Huaihai Road Branch.

General Manager Sun Jianguo was still watching Ourpalm today.

Since his own branch had produced a Hot Money Trader capable of making the dragon and tiger list, he had to watch it every day.

When he saw Ourpalm killing the price sharply today and heading straight for the limit down, Sun Jianguo could not sit still either.

"Why has this kid Wang Lin not made a move yet? Does he not know how to day trade?"

"It is about to hit the limit down, his profits are almost all gone, is he not going to sell?"

Sun Jianguo was anxious on his end.

Wang Lin, however, was not panicked at all.

He naturally knew that if he Dump Stock-ed at the opening, he could lock in chips and make more by buying back at the limit down.

But damn it, it was obvious that today was a Shakeout by the main force.

If he Dump Stock-ed too much and exposed his target, what if they turned around and pulled the price up?

Then would he not be unable to eat the chips at the limit down?

With the 12 million in chips in his hand, he first placed a buy order for 6 million at one cent above the limit down price.

He kept the remaining 6 million as maneuvering chips, just waiting for other sudden events to occur.

But.

Everything was calm.

Ourpalm headed straight for the limit down as expected, before the morning session had even closed!

Wang Lin's 12 million in chips were also completely consumed.

Seeing that all the chips had been traded, Wang Lin was actually quite impressed.

At the very least, this main force really had guts; with Retail Investors entering the market, they really dared to perform a Shakeout!

Just forcing a Shakeout all the way to the limit down?

Awesome!

Today, Ourpalm also released a massive volume, the highest in recent times.

The Stock Bar was even more active, like a living hell.

"Truly awesome. The performance from the day before yesterday and yesterday was just to facilitate the distribution today!!"

"No wonder it followed Company Name in the fall the day before yesterday and was then pulled back up; it was just fishing."

"The main force really lacks vision. If they had continued to pull it up today, would it not have become the dragon head of the gaming sector? The fundamentals of Ourpalm are not bad, so why did it hit the limit down?"

"Speechless. I placed a sell order at the limit down and left. I am willing to accept the loss."

"Did not expect to eat a limit down even while following King Over the World. Leaving, leaving."

"Come to think of it, this should be the first limit down King Over the World has eaten, right? Let's see how he reviews the market tonight."

"Pfft, he got in early. Even if he leaves at the limit down, he is still making money; he just lost some floating profit."

"I do not see any signs of the main force lingering today. I am out; if I am wrong, I will own it."

The market closed at 3 PM.

The Traders of Ourpalm finally stretched.

The intensity of today's Shakeout was comparable to trading futures.

"Given the situation today, I guess King Over the World must have been shaken out, right?"

"I do not know. He is going to post soon, so let's wait and see. But I also think he was shaken out; there was too much Dump Stock-ing by Retail Investors today."

"He probably left in batches."

Everyone was watching.

Wang Lin finally posted.

【Today's Operation: Fully leveraged, all-in at the limit down!】

【Nothing else, just that this limit down today was too abrupt. There is not a single piece of bad news about Ourpalm's fundamentals, and there are no negative factors in the sector. Since this limit down came so suddenly, I tend to think it is a Shakeout by the main force!】

【I am all-in with full leverage, do as you please!】

Originally, Wang Lin had 12.27 million in funds in a full position; after the limit down, 11.04 million remained.

Then he went all-in with 12 million in fully leveraged funds, totaling 8,823 lots. Adding the previous 8,107 lots, he finally broke through 10,000 lots, reaching 16,900 lots, which is 1.69 million shares.

From now on, when he Dump Stock-s, he can also be respectfully addressed by others as Ten Thousand Lot Brother!

Wang Lin was satisfied.

But the Traders of Ourpalm had a mental breakdown.

"Holy shit, he was not even shaken out, and he even added to his position at the limit down? Does this guy think that highly of our company?!"

"What do you say? Should we continue to kill the price tomorrow?"

"How the hell can we kill it further? If we kill it any more, we might as well quit; this stock will be completely ruined!"

The lead Trader was the boss after all. He pinched his nose and made a firm decision: "There is only one way tomorrow: gap high open, then limit up, and quickly lock in the chips!"

"Just let this guy follow and make a profit. People will definitely be fighting fiercely for chips tomorrow!"