Chapter 1159 The plot is repeated
"Mr. Rogers, what do you think the stock price that can be stabilized in the end by searching for this monster stock in 51? Can it maintain the current price of $16? This is the total market value of $16 billion!" Enzo asked hurriedly.
This is the most concerned issue that Enzo is now. Enzo has experienced a very common day, from a huge loss of half in the morning to a $200,000 USD to a $100,000 USD, which even caused Enzo to urge to jump off the building.
But I only realized that in the afternoon, the $100,000 became $400,000. Such a thrilling manager made Enzo feel a little scared while being excited. At the same time, he was not sure what to do. 51 Search for this stock.
Should I just sell it directly at the opening of the second day? After all, maybe the stock price began to fall again the next day.
"No one can give a positive answer!" Jim Rogers smiled. "But I think the Internet is a big trend, and the status of the 51 Search network cannot be shaken. It may not be clear in the short term. It may drop to $8 on the opening tomorrow, or even fall back to the stock price of $4. But it is completely possible to wait for a year or two to maintain the stock price at around $16!"
"Oh!" Enzo breathed a little relieved when he heard this. It seemed that this stock should be held for a long time, rather than a short-term investment.
"By the way, Mr. Rogers, the Chinese said that in another 20 years, 51 search will have a market value of US$1.2 trillion. Do you think this is true?" someone asked again.
"Hahaha, young people are a little more rampant, say some jokes, and everyone is happy to listen. This is enough. We have to care if what they are saying is really doing!" Jim Rogers smiled.
"Mr. Rogers, will your Quantum Fund invest in 51 Search this time?" Enzo asked immediately. If Quantum Fund also entered 51 Search, then there would be no problem with his long-term holding.
"I know this too, and I can't say it clearly. This is a highly confidential part of our foundation. How can I tell you? Hahaha!!" Jim Rogers laughed and left the bar, leaving everyone with admiration expressions on his face.
He actually has no interest in investing in 51 Search, because he has another big thing to do during this period.
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The next morning.
"The market yesterday was too impulsive, and many investors will understand that the market value of 51 Search is far less exaggerated than $12 billion, let alone $16 billion now."
"So after the market opens this morning, the stock price will definitely fall. What we have to do is short the market, suppress the 51 Search stock price to about $6, and then eat at least 100 million shares of stocks in one go!" In the Wellington conference room, the managers continued to assign today's task.
"We will try our best to release the 100 million shares of stocks we have at a price of more than $12 this morning, and try every means to release as much as possible. But remember that the price of $12 is lower than this price, don't sell it!" In the conference room of the US Priority Foundation, Harry Potter was also assigning tasks to his subordinates.
"Today, the United States Priority Foundation will definitely sell stocks because they are very clear that the price of this stock is not worth $16 billion. They will definitely sell it slowly at the high point and make profits, which will give us a great space to suppress the stock price!" Wellington's managers ordered loudly.
After a while of careful preparation, the stock market finally opened. Because of yesterday's high, after the opening, the stock price of 51 Search even rose slightly by about $0.5.
But then the stock price remained unchanged, and then it fell slowly.
"Manager, you are so amazing. As you expected, the US First Foundation is selling their stocks!" said Wellington's trader excitedly.
"Of course, because if it were me, I would throw it out first!" the manager said naturally.
"What should we do now?" asked the trader.
"Let him sell, he doesn't sell these stocks, where can we buy stocks!" Wellington's manager smiled and said, "The more they sell, the faster the stock price will fall, which is good for us!"
Although the US Priority Foundation sells stocks very slowly and is very careful and tries not to notice the tricks in it, so the stocks searched slowly dropped.
However, soon, the market discovered the problem, because the stock shipments of 51 Search were too large, which was very unscientific.
Some smart retail investors soon dared not buy stocks, so the stock price plunged continuously. About an hour and a half after the opening, it fell back to the issue price of US$12.
"Manager, 51 Search has sold about 100 million shares of stocks!" The trader reported immediately.
"Okay, I will sell a large number of orders immediately, and sell all the 10 million shares in our hands in a short period of time, and continue to suppress the price to below $6."
"Selling and selling 1 million shares in our hands as fast as possible will show that the fund will leave a large number of shares, creating panic for retail investors who just bought stocks, so that the stock price can be suppressed quickly!" These methods of suppressing stock prices are already very skillful methods for the Wellington Foundation.
You should know that retail investors in the market are very afraid of market makers because they understand the principle that market makers take everything, but they can't afford to give up the temptation of stocks' profits several times in an instant, so they will still enter the market.
At this time, as long as the market makers are slightly revealed that they want to suppress the stock price, or even just create a little atmosphere, they can make investors lose confidence and then the stock price collapses instantly.
So, soon, under the suppression of the Wellington Foundation, the stock price of 51 Search began to plunge wildly yesterday, from the price of $12, and soon jumped to the price of $8.
Seeing that everything was very consistent with the expectations of the Wellington Foundation, the general manager of Wellington always felt a little uneasy. When the stock price fell below $8 for the first time, the general manager suddenly realized the order and said, "Cake, buy in large quantities, buy all the stocks of $8!"
Unfortunately, the general manager understood it a little late. Almost at the same time, a huge capital flow swept across the entire market again. At a price of US$8.2, almost all the traded stocks were swept away, and the stock price instantly recovered $9.
Then he started to soar, and rushed back to the price of $12 at the opening.
This made Wellington's general manager urge to vomit blood, because he didn't grab many stocks in the end. When the price returned to more than $12, the Wellington Foundation's stocks were actually less than yesterday's, from 10 million shares yesterday to 9 million shares.
"Where did this stock of funds come from?" a trader asked unwillingly.
"I don't know, it was taken from thousands of accounts at the same time. I can't find out who the person behind these accounts is!" The trader looked at the data and said helplessly.
Of course, using anonymous accounts to buy and sell stocks is also a routine operation in the stock market. Of course, this is a violation of the rules, but it is not too out of line. After all, everyone does this.
Otherwise, if all funds use their own accounts, they will not be able to hide the eyes of retail investors. How can they cut the leeks?
Chapter completed!