Reading Settings
Font Size
16px
Line Spacing
1.6
Reading Width
900px
Font Share
Theme
Text To Speech

70: Speculative capital continues to drive Waigaoqiao's stock price up!

Wang Lin waved his hand and said righteously, "I'm just doing what I can for my alma mater!"

Principal Wang, seeing Wang Lin's astuteness at such a young age, also shared some good news: "Regarding your company's Public Fund business license application, I have a classmate who has connections in that area. I'll ask him to help expedite it."

"It should be approved very soon!"

"It's said that applications for this kind of thing have relaxed now, not as strict as they were a few years ago. With your qualifications, you can definitely get it going."

Wang Lin smiled and nodded: "Then I appreciate your kindness, Principal!"

With Principal Wang's status, the people he knows and the connections he has are definitely far more numerous than Wang Lin's.

Currently, Wang Lin's identity is nothing more than a parvenu with over 200 million yuan in funds, nothing more.

To put it more broadly, he might just be a parvenu who can make money.

Foundation.

This is what Wang Lin lacks.

Public Fund and Private Equity Fund are powerful tools that can quickly enhance one's influence and expand one's connections in various aspects.

"When school starts in September, you'll need to attend as an outstanding student representative and say a few words to the new students!" Principal Wang said with a smile.

This matter?

Isn't it just showing off on stage?

Previously, it was always the student council president or the top-performing students who went on stage. How could it be Wang Lin's turn?

He never expected that he would now also be qualified to go on stage and show off.

But then again, as a student of the Finance University, to have achieved such a grand feat before even graduating, Wang Lin is truly the first person since the establishment of the Finance University.

Wang Lin nodded in agreement: "No problem, I'll show off lightly."

As of now, Wang Lin's full position in stock is still continuously rising.

Apparently, the principal also trades stocks.

Or rather, he has been exposed to this area, or he is paying attention because he knows Wang Lin is in this stock.

"Your stock, this wave seems to be doing quite well?!" Principal Wang asked.

Wang Lin smiled and said, "It's alright, I estimate it can still rise for another week."

Upon hearing this, Principal Wang nodded silently.

At the same time, he wondered if he should also get some money into the stock market.

He wouldn't buy anything else, just listen to Wang Lin and hold stock for a week?

...Revisiting old places.

Although the school is hot now, walking in the shade of the trees, a gentle breeze blows, still providing some coolness.

The three of them wandered around the campus, lacking the hustle and bustle of many students, but with beautiful companions by their side, it had a unique flavor.

Wang Lin here was carefree and enjoying life without any worries.

He completely ignored the fact that the main force of stock was still fighting valiantly in the stock market!

In the next few days.

Because of the continuous upward pull of stock, even with daily increasing volume, it was still difficult to conceal its wild speculative stocks status.

The Hot Money, who had been observing from the sidelines, finally couldn't resist and began to enter the market one by one.

Tongxin Securities Dongfang Road and Wanlian Securities Binjiang Road, these two seats, also known as the Limit Up Daredevils, began to frequently appear on the dragon and tiger list for stock.

Every day, there were millions, sometimes tens of millions, in buying and selling.

At the same time, Guoyuan Securities Magic Capital Hongqiao Road, Everbright Securities Jintian Road, and others also refused to be outdone, entering the market to take over.

Since the last 9-board Limit Up, stock had ushered in the peak of Hot Money speculation.

Countless Hot Money entered the market one after another to take over.

Every deep dip was the best time for Hot Money to enter the market.

Coming and going, the actual turnover rate never fell below 40%!

Retail Investors were even more frantic.

"Too strong, this stock truly has the sky as its limit now!!"

"With a daily turnover rate of over 40%, Hot Money rotates buying and selling, not caring about the risk of doubling in just 8 days!"

"Risk? Do you think Hot Money are all like you? They have their own set of trading strategies and stock selection methods!"

"I've been watching for several days. This stock always has its buying point at a deep dip. As long as it falls, Hot Money will definitely bottom-fish, and there will be big gains the next day after bottom-fishing. It's too damn awesome!"

"So, did you buy it?"

"I didn't dare, I just kept watching!!"

"Today I bought 30,000 yuan at 4 points below the water to test the waters. Everyone says to play speculative stocks and dragon head, so let's follow the trend!"

"Damn it, it Limit Up again today! I couldn't resist and bought 100,000 yuan at the Limit Up price!"

"Laughable, not buying at a deep dip but insisting on buying at the Limit Up price. This stock is not destined to be bought at the Limit Up price!!"

A group of Retail Investors began to frantically research the stock.

On Stock Picking Bar, there were analyses everywhere about how stock would move next.

Of course, most Stock Investors still didn't dare to buy this stock.

Nothing else, just two words explain it: fear of heights!

Why else would they say that those who fear heights are unfortunate souls?

Only truly skilled people, the boldly foolish, and those who haven't been educated by the stock market dare to buy this kind of stock.

Old Stock Investors who have actually played speculative stocks, been 'A-killed,' and survived bull and bear markets, stay far away from such stocks.

Simply put, this stock is not their cup of tea.

The Hot Money was having a blast.

Regardless of whether they had tens of thousands, hundreds of thousands, millions, or tens of millions in funds, almost all of them had bought stock.

However, most people didn't dare to go all-in like Wang Lin.

And then genuinely remain completely still.

During the period when stock was rising, people came to Wang Lin's post daily to inquire.

Have you left?

Is there still an expectation?

Or even, when will the new company open?

There were many such messages.

Little Crocodile, holding tens of millions in funds, was actually very anxious.

Although he had long seen that stock's dealer played this way every day—smashing it into a deep dip, then accumulating chips and pulling it up, doing T+0 trading daily, and cleaning out profit-making chips.

This method of play is very simple and brainless; as long as the dealer's capital is large enough to control the market, they can play this way.

But the key is, who dares to bet that the dealer will have sold out all their stock the next time it dips deeply, thus directly crashing the market?

Or that the sentiment for stock suddenly disappears, causing Retail Investors and Hot Money to rush out, leading to no one taking over.

These situations are the most normal and can happen at any time.

However, he still continuously bought and sold stock every day.

His analysis had only one point: to benchmark against Wang Lin.

He had observed Wang Lin's live trading for such a long time.

Although this time he only saw Wang Lin's post about buying stock, he didn't see any about selling.

But with Wang Lin's capital of hundreds of millions and his trading habits, as long as he sells, it will definitely appear on the dragon and tiger list.

So now, Little Crocodile's strategy is very simple: use a quarter of his total funds to play this stock.

He uses this quarter of the funds for rolling operations.

But in fact, considering his daily T+0 trading, the actual capital amount is half.

Currently, Little Crocodile's quarter of funds is already close to 9 million yuan.

This volume is still capable of occasionally appearing on the dragon and tiger list.

Prev Next

🔊 Text To Speech

Listen while reading

Ready