Li Yu asked softly, "Director Gao, did you invite people from the Securities Association?" It seemed this Gao Lili was not to be underestimated. People from the Securities Association had mobilized so quickly; they had never been this efficient before.
Gao Lili was bewildered. She didn't have that kind of influence. If she did, she wouldn't still be working here, enduring Li Ming's grievances. The thought made her feel wronged.
"It doesn't matter. As long as Li Ming is out, it won't affect us. We are the beneficiaries. What we need to do now is stabilize the stock price. This is the top priority." Li Yu looked at the confused Gao Lili and then said to her with a smile.
Hearing Li Yu's words, Gao Lili responded, "Then let's first announce a share repurchase."
Li Yu nodded. "That's fine. Let's leave it at that for today. Tomorrow, we'll announce the signing of a billion-yuan contract."
"No problem, I'll handle that. Should we also announce that Chairman Li Ming has been taken away for investigation?" Gao Lili was unsure about this. This was a definite negative indicator.
If they announced it, the stock price would definitely plummet. But now that Li Ming was gone and Li Yu was in charge, she felt a bit uncertain.
Li Yu glanced at Gao Lili. "This must be reported. We need to clear out the rotten apples in our organization to lighten our load. Our organizational structure will become more complete. You can make an announcement saying that Li Ming's departure will not adversely affect our normal production and operations."
Gao Lili nodded. Upon returning, she would first issue the announcements regarding the share repurchase and Li Ming being taken away for investigation.
This immediately caused a huge stir online.
"Good heavens, there'll be fireworks tomorrow. This Fuzhou Machinery will either hit the limit down or limit up. There won't be any other outcome."
"The funds that capped the price today were quite resolute. They traded three billion at the cap. It looks like everyone will be rushing to get out tomorrow."
"It's highly possible it will open at limit down. It's truly disheartening."
"I saw people suffering and toiling in this Fuzhou Machinery, so I came in to rescue you, only to get myself trapped. It's truly speechless."
"These are all clear negative indicators. Li Ming was chairman for how long? During his tenure, Fuzhou Machinery had no problems. I don't believe it. If there are problems, people will eventually demand an explanation."
...
Zhang Tianxing, Zhao Jun, and Guo Jiajia also saw the announcement. Guo Jiajia furrowed her pretty brow. "Little Boss Zhang, it seems you're in a precarious situation tomorrow. It's uncertain if you'll get out. Negative news, all negative news, except for the share repurchase, which is barely positive."
"It's hard to say. It mainly depends on how the market interprets this announcement. Time will give us the answer." Zhang Tianxing did not answer directly.
"Little Boss Zhang, I have something I want to ask. Why have you been lowering your cost in the stock recently instead of clearing out? I heard you were planning to cut your losses and leave?" Guo Jiajia asked with a smile.
"Actually, I had another plan, but it seems now there's no possibility of implementing it." Zhang Tianxing gave a bitter smile. Plans couldn't keep up with changes; that's the truth of it.
Zhao Jun and Guo Jiajia looked interested. They wanted to know what preparations Zhang Tianxing had made.
"My idea was that if the other party continued to try and eliminate me, I would find a way to acquire equity. Then we would become shareholders, and we would decide what this company does." Zhang Tianxing casually revealed his plan.
This plan completely shattered everyone's worldview. This Zhang Tianxing really dared to think big.
However, after thinking about it, Zhang Tianxing's move was indeed feasible.
The only drawback was the issue of funds.
"But you don't need to worry about funds. I've already secured them, but it wasn't the right time to enter the market. It seems it's no longer necessary now." Zhang Tianxing said with a smile.
"Then, Little Boss Zhang, when do we sell this stock? We're still in the red. If it weren't for Zhang Tianxing's two perfect high-sell, low-buy trades that reduced his costs, Zhao Jun would still not have the courage to open his account. The string of green numbers was alarming."
"We'll sell when we make money. Let's see how the market opens tomorrow," Zhang Tianxing said indifferently.
In the stock market, thinking too much is useless. The only thing you can do is make predictions and then, based on the market conditions, make corresponding strategies.
Generally speaking, the less emotional people are, the more they will thrive in the stock market. They are like cold, unfeeling machines that never crash.
"This is what's called others thinking I've cleared my position, but who knew I was adding to my position at limit down? I'm a classic example of trading stocks until I become a shareholder," Zhang Tianxing said self-deprecatingly.
The next day, at the market opening.
Zhang Tianxing, Zhao Jun, and Guo Jiajia were all watching the opening of Fuzhou Machinery.
"Little Boss Zhang, what's your prediction for today?" Zhao Jun asked curiously. He understood everything Zhang Tianxing said, but he just couldn't do it himself.
"My prediction is that as long as it doesn't open at limit down today, we'll be successful." Zhang Tianxing was full of confidence now. With so much negative news, this was a clear case of misfortune turning into fortune.
When negative news is exhausted, it becomes positive. Stocks that rise too much will fall, and stocks that fall too much will rise. This is the principle.
Funds always flow to the path of least resistance.
As soon as the market opened, Zhao Jun was dumbfounded. "Damn it, it's opening at limit down again. How can anyone live like this?"
"Don't panic. The bidding is not over yet. Yesterday was a sky-to-ground rebound. It opened at limit down, and many people still managed to pocket ten percent profit," Zhang Tianxing said coldly. Zhao Jun clearly needed more experience; he had encountered too few events.
"The buying pressure is continuously increasing. Good job, it's now minus nine, minus eight."
"What a strong offensive! It's going to open at minus four. Are we safe now?" Zhao Jun asked Zhang Tianxing.
"I can't say if we're safe or not. The market will tell us the answer." Zhang Tianxing calculated as he watched the market.
"It seems that Fuzhou Machinery's share repurchase has also boosted people's confidence in its stock price," Guo Jiajia added.
"Actually, I think it's still a valuation issue. Fuzhou Machinery has a solid foundation, but under Li Ming, the listed company became a tool for his personal enrichment. Now that it's in good hands, an upward trend in the stock price is highly likely," Zhang Tianxing made an objective and fair evaluation.