chsdbacks Chapter 406: When undertaking great tasks, cherish your life; when seeking petty gains, forget your
Chapter 406: When undertaking great tasks, cherish your life; when seeking petty gains, forget your
Inside a villa in Jiangning District.
Seeing that the 50,000 hands that had been bothering him finally disappear, Cao Yunji finally let out half the breath he had been holding in his throat and wiped the cold sweat from his forehead—
"drop!"
The transaction notification sound rang out again, like a death knell!
On the screen, at almost the same position as before—one cent away from the limit down price—another 50,000-lot buy order appeared!
"Fuck you!!! Is this ever going to end?!" Cao Yunji roared, his voice hoarse with despair, his vision blurring and his blood pressure soaring!
What terrified him even more was that this second transaction of 50,000 lots seemed to have ignited a fuse!
Immediately afterwards!
Above the price of 50,000 lots, countless buy orders of varying sizes suddenly appeared without warning, like bamboo shoots after a spring rain!
Five thousand hands, three thousand hands, one thousand hands, several hundred hands... They were layered on top of each other. Although each one was not large, when they came together, they formed a stubborn "bush"!
The accumulation of quantitative changes led to a qualitative change!
Caught completely off guard by everyone, especially Cao Yunji's side!
The stock price of Shenmu Coal, which had been stagnant and firmly nailed to the edge of the abyss, suddenly surged upwards as if injected with a powerful stimulant...
It jumped by a few tenths of a percentage point!
Although the magnitude was small, on the candlestick chart it was like striking a match in the darkness of despair!
"It's over..." Cao Yunji slumped into his chair, his face ashen, with only these two words left in his mind.
This rebound of a fraction of a point is of earth-shattering significance!
This means the downtrend has been abruptly broken! Panic has been contained! The absolute pressure from the bears has been dismantled!
The market reaction was like dry tinder being ignited!
When it comes to "recovering losses" or "buying at the bottom," retail investors often react with astonishing speed!
The stock forum exploded instantly!
In the Weibo super topic "Shenmu Coal", posts are flooding the screen like a waterfall!
"Holy crap? It didn't hit the daily limit down? There's even a big player supporting the market?"
"Who caught the throwing knife down there? A true hero!"
"Damn it! I panicked this morning and sold at the absolute bottom! What a huge loss!"
"It's rebounding! It's rebounding! Guys, look! Isn't this a reversal?!"
"Buy it now! This is definitely the big players shaking out weak hands! If you don't buy now, it'll take off!"
"Charge! Buy the dip! Let's gamble and see if we can turn a bicycle into a motorcycle!"
Regret, greed, wishful thinking, herd mentality... all sorts of emotions are fermenting and spreading wildly among retail investors!
Countless eyes staring at the screen instantly became bloodshot, and countless hands holding the mouse began to tremble.
Those who sold at a loss this morning are now kicking themselves and filled with regret; those who held cash and waited are now feeling anxious, afraid of missing the "bottom".
And then, a dramatic scene unfolded:
The shares sold off in the morning during the panic selling were bought back by the same group of people or newly arrived retail investors at higher prices in the afternoon!
Ye Fan looked at the constantly updated trending posts and rapidly increasing sales volume on Miao Zi's phone, shook his head helplessly, and a hint of worldly-wise sarcasm played on his lips:
"Always regretting, disregarding profit and loss; cautious about risking one's life when undertaking great tasks, yet reckless in pursuit of petty gains..."
He muttered to himself, as if reciting an irrefutable truth, "This is the way of survival for 'leeks,' an age-old truth."
He couldn't understand, nor did he need to.
The weaknesses deep within human nature are vividly portrayed on this small red and green candlestick chart.
At this moment, the collective frenzy of these "leeks" is becoming the last straw that breaks Cao Yunji's back, and also the sharpest invisible blade in Ye Fan's plan.
Driven by the surging "buyback" orders from retail investors and the subsequent sporadic follow-up buying from small institutional investors, the stock price stubbornly floated upwards, like a leaf being lifted up by countless ants.
Cao Yunji's massive short position is being roasted over an ever-growing flame.
Despair began to truly spread.
At this moment, Cao Yunji was no longer angry, but rather chilled to the bone and trembling uncontrollably.
He slumped in his chair, his face ashen, his lips trembling uncontrollably, and cold sweat trickling down his forehead, soaking the collar of his expensive shirt.
The stubbornly upward-crawling stock price curve on the screen was like a cold, venomous snake, coiling around his heart, tightening more and more, bringing a suffocating despair.
Zhou Chongzheng, who was in the main seat, and the several bigwigs sitting around him were completely dumbfounded!
The arrogance and sense of control on their faces had vanished without a trace, replaced by incredulous astonishment and a deathly silence.
"How is that possible..." Zhou Chongzheng's voice was dry and hoarse, as if he had aged ten years in an instant. "We clearly devoured hundreds of thousands of their hands! And we even gnawed down two groups of 50,000 hands each..."
That's hundreds of millions of dollars, the maximum amount of ammunition they can use in a short period of time!
They thought the other side was at their last gasp and the market would be at their mercy...
Out of ammunition and food!
This is the most accurate depiction of their current situation!
The battlefield is ever-changing, and in that brief moment of hesitation and exhaustion—
Like a caged beast breaking free from its last restraints, the stock price of Shenmu Coal began to rise in waves, each more powerful than the last, driven by the combined efforts of retail investors and subsequent "reinforcements" from small institutions!
Retail investors, the largest group of "fence-sitters" in the market, often change their minds at an astonishing speed!
In the morning, they were gripped by panic and rushed to sell off their shares, becoming accomplices to the short sellers.
In the afternoon, seeing that the stock price not only did not hit the daily limit down but rebounded, greed and the obsession with "breaking even" instantly overwhelmed everything!
"Buy now! The big players are driving it up! It's about to take off!"
"I lost so much money selling at a loss this morning! I need to buy back in and average down!"
"Hurry! It'll be too late if we don't buy it now!"
Countless accounts that were cursing and selling at a loss every morning are now like sharks smelling blood, turning their guns on each other and frantically pouring in to buy!
The force that followed Cao Yunji's sell-off in the morning instantly transformed into fuel driving the stock price up!
With one side gaining and the other losing, the situation instantly reversed!
Hongdou Building, leisure area.
Even though Ye Fan had anticipated it, he was still caught off guard by this sudden dramatic reversal.
"Holy crap?" Ye Fan, who had been leaning back on the sofa, suddenly sat up straight, his eyes wide open, staring incredulously at the rapidly rising hourly chart on the tablet screen that Miao Zi had handed him.
His ideal outcome was that the stock would hit its daily limit down today, and then continue to drop another 7 or 8 points on Monday, giving Cao Yunji a "decent" chance to close his position and leave the market.
But he never expected this!
These small institutional investors and opportunistic retail investors are surprisingly formidable!
Not only did it not cause the stock price to hit the daily limit down, but after absorbing his last buy orders, it actually managed to create a "bottoming out and rebounding"!
After a brief moment of surprise—