72: The power of financing allowed Wang Lin to quickly unload his shares!
Li Yuanyuan, who was standing next to him, was so scared her face almost turned white.
She quickly said, "Brother Lin, you can't act on impulse. Don't let me showing you this post affect your judgment."
Wang Lin looked at Li Yuanyuan, who was on the verge of tears, and smiled, "It has nothing to do with you. It's not because of you. stock was already accelerating these past two days. I was bound to sell during this second wave of acceleration."
"It's just that Li Daxiao happened to catch up!"
"Then let him take the blame!"
Li Yuanyuan then realized that Wang Lin had already planned when to sell.
She looked at the stock, stock, which, after days of panic, doubt, and continuous entry of Hot Money, had seen its stock price steadily rise.
Retail Investors even started to gain some courage, ready to try their hand.
This situation was the most suitable time to sell.
Especially since that evening, stock also released good news.
[Starting tomorrow, stock will officially be included in margin financing and securities lending!]
As soon as this news came out, Stock Investors were thrilled.
Especially those Stock Investors with a strong gambling nature, they had been eagerly watching stock soar every day, but had no way to get margin positions.
After all, stock had not opened margin financing, so if they wanted to use leverage, they could only do so through off-exchange financing.
However, many people were unwilling to use off-exchange financing, partly because they didn't trust it, and partly because they didn't have the channels.
But if margin financing was opened within the exchange, many people wouldn't mind using it.
Therefore, with this news, all Stock Investors became excited.
"Holy crap, margin financing is finally here!!"
"I can finally go all-in!!"
"Good news, absolutely great news! I predict another wave of incremental capital will enter the market!!"
"Margin Traders aren't afraid of anything; they dare to take on any high-priced stock!!"
"Go, go, go! If there's a low point tomorrow, I'll add more positions. This stock is really stable; I feel like it can be traded until next month!!"
...
Early in the morning.
Wang Lin arrived at the Trader room in the new company.
All of the Traders newly recruited by the company were a few years older than Wang Lin.
This was understandable, as Wang Lin hadn't even graduated from university yet, while the others were at least top students from prestigious Finance University in Magic City.
Some even had extensive trading experience.
The reasons for coming here were, on one hand, the substantial funds Wang Lin provided, and on the other hand, their admiration for Brother Jun Lin.
Holy cow.
Brother Jun Lin, who dominated the Stock Picking Bar, personally transitioned to open a financial company. Wouldn't they go there to secretly learn a thing or two?
When Wang Lin entered, they all looked at him and said, "Good morning, CEO Wang!"
In the stock market, the capable are teachers.
Wang Lin's operations on stock, and his previous real trades, made them admire him immensely!
Wang Lin casually waved his hand, telling them to sit down.
"Today, in addition to trading Private Equity Fund, you also need to help me sell off stock. Looking at today's sentiment, selling at the Limit Up shouldn't be a problem!!"
"But that's for ordinary people. With my capital size, many main force are probably watching."
"Just sell off over 300 million yuan of capital at 8 points or higher!"
After closing yesterday, Wang Lin's capital was 341 million yuan.
If he sold at an average of 8 points today, the result would be 370 million yuan.
Wang Lin's words echoed in the Trader room.
His voice wasn't loud, but to their ears, it was deafening!
They had witnessed Wang Lin buying in before the first Limit Up, then appearing on the dragon and tiger list in the 3-day ranking, shocking the world.
Subsequently, for more than ten trading days, over 20 days, he didn't move a single share, even when the gains frequently dipped deeply, he remained unfazed.
Until today, after the storm, Wang Lin said he was going to sell!!
Could it be that these past few days were when stock was truly meant to be sold off?!
They wouldn't be so naive as to think they could guide Wang Lin.
His decision to sell today must have a basis!!
A Trader boldly asked, "CEO Wang, is your decision to sell today due to the good news about the margin financing inclusion last night?"
Wang Lin smiled and said, "There are factors in that regard."
Everyone immediately understood.
"Alright, watch the market!!"
Time quickly came to 9:15 AM.
As soon as the market opened, everyone's eyes converged on stock.
Because yesterday's Shakeout was sufficient, and it had hit the Limit Up.
Then, there was such good news about margin financing last night.
This was reflected in today's call auction, as countless funds began to bid for shares.
In fact, even if they didn't bid for shares, the main force would force them to.
The sentiment for stock has been exceptionally good recently. Want to smash it down?
That's actually quite difficult to do.
It's better to open higher with the trend, whether it's for dumping shares or day trading, it's stable.
9:25 AM.
stock opened 4 points higher, which was considered a very good opening.
At such a high position, many people were still afraid of the height.
Some others, however, suppressed their excitement and wanted to wait for a significant dip before entering the market.
But... the biggest risk in the stock market is uncertainty.
After 9:30 AM, as soon as the market opened, funds for stock began to pour in.
The stock price instantly soared.
Seeing this situation, the leading Trader looked at the others beside him; they all understood that today's market was incredibly good.
Because Wang Lin's personal account was used, and it wasn't split into several accounts.
So, the person currently trading was also the most skilled among them.
He was seen typing rapidly on the keyboard, placing orders.
He set orders at around 8 points, with tens of millions of yuan, wanting to test the buying power.
But it seemed that this wave of buying was too strong.
The over 40 million yuan that was just placed was eaten up in a blink of an eye.
The Trader had no time to speak and placed orders higher again, 70 million yuan at 9 points.
This time, the buy orders finally paused for a bit.
But the chips above were also continuously decreasing.
That's how stock trading is.
Don't look at the large number of chips above, which makes it hard to breathe, but because today's sentiment is good, and stock has the added support of margin Traders' funds.
From 9:35 AM until 9:48 AM, a full 13 minutes.
The Trader had already sold 4 million shares of stock at a price of around 44 yuan, which is at a gain of approximately 8.3%.
Looking at the available funds, it had already reached 180 million yuan!
The remaining shares were 4.4 million.
Until 9:50 AM, stock was still hovering at a high level, unable to hit the limit up, nor could it be smashed down.
Stock Investors in the Stock Bar were getting a bit impatient.
"What's going on? Why isn't stock hitting the limit up yet?"
"At over 8 points, at the price of 40 yuan, there's always capital suppressing the market, it's really disgusting!!"
"Damn, someone light the fuse, just eat all the chips! Will 40 yuan be the limit for stock? Impossible!!"
"I went all-in during the call auction today, I knew stock would definitely surge today! I remember Brother Jun Lin once said that a dragon head won't die in divergence, only in acceleration!!"
"So, does today count as acceleration?"
"I don't think so. If it locks at the limit up by 10 AM, then it's acceleration, but if it keeps failing to break through, it might plummet later!!"
"It shouldn't plummet below the surface today, it's almost at the Limit Up!!"
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