At Zhonghai Securities, Zhang Tianxing looked at the market and said to Zhao Jun.
"Senior, place an order at the limit down, sell everything!"
It seemed Zhang Tianxing was going all out, the market was unsalvageable, so he had to cut his losses and buy back when the trend improved.
However, stocks like this should be blacklisted.
In Zhao Jun's creed, never trust a scumbag. A listed company with a shady past was certainly not a good investment target.
Investing was about reducing uncertainty and increasing certainty.
The position of the company secretary, who frequently issued announcements, was crucial. If the company secretary was a skilled stock trader, the stock price would soar to the heavens.
If the company secretary spoke nonsense, with no filter on their words,
How could the company's stock price improve? When the forest is large, all sorts of birds can be found.
Listed companies were no exception. With more people, all sorts of things would happen.
A small incident casually reported could cause significant fluctuations in the stock price.
"Alright, we'll just admit the loss. However, it looks like we won't be able to sell today. There are no buyers, the buy orders are so large, and frankly, is the company's secretary raised on shit? Why are they only releasing negative news? Are they devils?" Zhao Jun complained.
This Fuzhou Machinery clearly had no good intentions, with one piece of bad news after another.
Zhang Tianxing smiled, "Senior Zhao, you must remember one thing: we've placed orders at the limit down, but don't sell easily."
"Boss Zhang, I don't understand what you mean. Speak plainly." Zhao Jun was a bit confused by Zhang Tianxing's intention.
"It's like this, Senior Zhao. Isn't Fuzhou Machinery suppressing the stock price now? When it drops to a certain point, we'll start buying."
Hearing Zhang Tianxing's plan, Zhao Jun could hardly believe his ears.
"Boss Zhang, what are you thinking? You're buying the stock of this garbage company?" Zhao Jun felt Zhang Tianxing had gone mad. The stock had already experienced three limit-down days with no volume.
Although stocks would rise after falling, with the appearance of such a black swan event, a rebound would still take time.
Zhang Tianxing nodded emphatically. Zhao Jun asked, "How much should we acquire?"
"The more the better," Zhang Tianxing replied.
Good heavens, this Zhang Tianxing must be insane. Did he want to acquire this company?
He had never seen such an acquisition. Even if Zhang Tianxing had money, how much could he have?
Acquiring a company required a astronomical sum.
Given Zhang Tianxing's current net worth, it wasn't a slight underestimate to say he was far from it.
"Boss Zhang, I feel like I can't handle this. What you're doing is clearly throwing money away. We have money, but it shouldn't be spent like this," Zhao Jun earnestly advised Zhang Tianxing.
Once an acquisition began, it was difficult to stop, and there were also rules about raising stakes, all of which were extremely unfavorable to Zhang Tianxing.
From the current situation, Fuzhou Company was in utter chaos, with all sorts of negative news being released.
According to Zhao Jun's analysis, internal disorder had emerged within Fuzhou Machinery.
That's why there were announcements filled with negative news. Such a listed company was a time bomb, best to stay away from, not approach.
Otherwise, one wouldn't know how they died.
"Senior Zhao, I recall telling you that I make the requests, and you execute them completely. If you cannot do so, I will have to find someone else," Zhang Tianxing said coldly, seeing that Zhao Jun still wanted to persuade him.
Zhao Jun froze on the spot, his face turning red. He was doing this for Zhang Tianxing's own good.
Seeing Zhao Jun's expression, Zhang Tianxing extended his hand, "Senior Zhao, I've been under a lot of pressure lately. I won't explain anything now. I only ask for one thing: operate according to my instructions."
Zhao Jun clasped Zhang Tianxing's hand, "Alright, Boss Zhang, I'll listen to you. It's not my money anyway, I'm just an employee."
Zhao Jun said self-deprecatingly. Zhang Tianxing was right; he had hired him to operate his account.
Although he considered passing the job to someone else, in terms of actual trading experience, at least during this period, he wouldn't have access to such large sums of capital for real-time trading.
...
Guo Jiajia entered Zhonghai Securities, and the people around her stared with wide eyes.
Such a beautiful woman was rare.
"This woman is so stunning, I feel twenty years younger."
"I saw her, and I feel like I believe in love again."
"Just enjoy the view, ladies like this are not for us common folk. Let's just sleep on it, dreams are where we can have anything."
"Can we still be friends if you speak so bluntly?"
"Stop looking, such a gem must be in the VIP room, not in the lobby."
Everyone's gaze followed Guo Jiajia as she walked towards the VIP room.
"Birds of a feather flock together. After watching for so long, I realize I'm just an audience member."
"Forget being an audience member. Look at the market and trade stocks diligently. If you earn more money, you'll have everything. Money is everything."
Guo Jiajia had heard such words many times and simply let them go in one ear and out the other.
Upon entering, she saw Zhao Jun frowning. Guo Jiajia said, "There was some company business, I'm late."
Seeing how beautiful and capable Guo Jiajia was, Zhao Jun couldn't help but blush.
"Alright, Ms. Guo, don't put too much pressure on our trader. I've already told Senior about my requirements." Zhang Tianxing then explained his arrangements.
Guo Jiajia immediately exploded, "No, I disagree! Zhang Tianxing, to be frank, even if the funds decrease, we can afford the loss. But if you increase our holdings and acquire more, how will we salvage the situation?"
Seeing Guo Jiajia's strong reaction, Zhang Tianxing was a bit surprised, but Guo Jiajia was an indispensable part of his plan. He decided to appease her first, "Sister Jiajia, with the stocks we currently hold, and by adding a little more money, we can also manipulate the market. It's perfect timing to suppress the limit down. If we have two or three more limit downs, I'll start."
Zhang Tianxing had calculated that with three more limit downs, the stock's par value would fall below the market standard.
Guo Jiajia thought for a moment and said, "How about this: liquidate everything and leave! Boss Zhang, I'll contact a seasoned retail investor for you. He can break the limit down, but he demands a commission and compensation for any losses incurred during the process."
Finding someone to break the limit down, and Zhang Tianxing liquidating in the chaos, the money would be considered tuition fees. It was better to give up on playing the stock market and focus on his investments. Coupled with Yan Ruyu's crayfish hot pot, the lost money could be earned back in a few years.
There was no need to risk more for a small sum of money. Guo Jiajia believed continuing further was too risky and suggested Zhang Tianxing liquidate and leave.