Chapter 312 Earning Crazy
Chapter 312: Making Mad
After the opening, Shanghai Petrochemical rose, pulling a diagonal line to rise, with a bit of an indomitable momentum.
Soon the market exceeded 800 points, and at this time, Shanghai Petrochemical had already reached five yuan. Many articles introducing it immediately appeared in the market, and related rumors spread wildly.
A large-scale article published in the Securities News introducing Shanghai Petrochemical, which clearly stated in the last part that Shanghai Petrochemical costs ten yuan!
"Ten yuan!?" After Yang Ji'er looked at it, her eyes suddenly turned into copper coins.
Ten yuan, which means that his more than 300,000 yuan of funds would be turned into more than 800,000 yuan. Yang Jier was immediately knocked out by the happiness that was smashing towards her.
Although there was a grandfather who was the secretary of the provincial party committee, Sang Mingda was a clean official and had the style of an old-school cadre, so it was impossible to get any great benefits from him. Moreover, although Yang Jier's mother was a deputy department-level cadre and was in charge of cultural work in Yangshuo City, her father was just a university professor. Although she was famous, she was not much affordable. Therefore, Yang Jier's family only had hundreds of thousands of dollars in savings.
Compared with ordinary people, hundreds of thousands are not bad, but in their family environment, it can be said that they are so honest and virtuous as a mirror.
"You can't be blindly optimistic-" Chen Mingluo poured cold water on Yang Jier's head. He said to her, "The market may be almost done. If the market can stand above 800 points within three days, the market may continue. Otherwise, Shanghai Petrochemical will make another increase of a few cents, and the possibility of rushing to more than ten yuan and gaining a foothold is very slim. We cannot take such risks."
Seeing that Yang Jier was a little unwilling, Chen Mingluo continued to say to her, "In the stock market, cash is the king and pocket money is the safe. The funds on the books are made. Stocks are all false and may fall to you at any time. The first trick to invest in stocks is to avoid being greedy, otherwise it will be difficult to become a great person."
Chen Mingluo took action and took action at a price of 5.2 yuan, selling Shanghai Petrochemical.
This is not bad. Yang Jier's 320,000 yuan has become 410,000 yuan, while Chen Mingluo's funds have become nearly 40 million yuan.
In the afternoon, as Chen Mingluo expected, the market soon fell back, and Shanghai Petrochemical also fell back.
At 1:30 pm, several orders on the daily chart smashed the index line as if they fell from a steep cliff wall. Panic immediately increased in the hall. Many people hurriedly headed straight to the commissioning machine, and the trading screen quickly showed the orders.
At 2:00 p.m., the decline eased slightly, but as the half hour before the closing approached, the atmosphere became tense again. Several old stock investors in the hall said that each sharp decline occurred almost at 2:30 p.m.
Sure enough, when the time just turned to 2:30, the market smash started again.
At this time, everyone seemed to be a little numb and had no reaction. As they watched the index go down one level after another, it turned out that the cities won by siege were all so vulnerable.
Later, whenever the index fell below an important point, retail investors would give a burst of cheer.
"Is this market over?" Yang Jier, who was in trouble, asked Chen Mingluo with some conscience.
Chen Mingluo looked at Yang Jier who was tilting his head and looking at him. He suddenly smiled and said, "How is it possible? I haven't officially taken action yet!"
After the closing of the afternoon, Chen Mingluo still sent Yang Jier back to the provincial party committee compound, then went to the school Youth League Committee to attend the recent work arrangement meeting, met with the cadres of the Youth League Committee, and made a few more comments.
Lin Long, secretary of the school’s Youth League Committee, discussed the direction of innovation and social practice with him. Chen Mingluo said that if this work is to achieve results, you should not grasp the eyebrows and beard at once, and you have to find one or two key points to make breakthroughs.
Lin Long also agreed with Chen Mingluo's view, saying that the school's Youth League Committee is indeed in a weak position in this regard. If Chen Mingluo can find a breakthrough, he will look for the school's financial support and strive to achieve some results this year, so that Xiling University can shine in this regard.
Chen Mingluo is somewhat sure about this, especially he thinks that Xiling University can do some work in the development of microcontrollers to allow students from related majors to participate and strive to build a national key experimental base, which can be named, profitable, and also allows one to absorb valuable technical achievements more conveniently.
After talking to Chen Mingluo, Lin Long felt that the student deputy secretary was indeed extraordinary. If he cooperated well with him, he would have more political achievements and would be of great benefit to his future development. Considering these situations, Lin Long's attitude towards Chen Mingluo has changed a lot, from some contempt in the past to very important things.
What's more, he also heard about some situations and knew that Chen Mingluo was very optimistic about even Secretary Sang of the Provincial Party Committee.
In the next few days, as Chen Mingluo expected, the market quickly stabilized and he regained his way.
After the market rushed past 800 points, after the sharp drop a few days ago, new investors in the bull market were more courageous and faster.
Regarding Yang Ji'er, Chen Mingluo advised her that she would rush in as long as she saw a big yin line. At least 10% of her profits were made. Now it is a good day to get money, and it has nothing to do with technology.
In fact, there is a saying that the deposits of urban residents across the country have exceeded one trillion yuan. Now that the bull market is coming, the country is constantly lowering interest rates, and bank deposits will continue to flow to the stock market. New investors come in and buy stocks. The water rises, and the stocks bought by old investors will be higher and higher.
Under the induced slogan of such a statement, almost everyone is full, looking forward to double tomorrow and the day after tomorrow.
Yang Ji'er played with Chen Mingluo for more than two weeks, and her courage became more and more powerful, and the funds in her hand became more than 1.4 million.
Looking at the hot market in the exchange, Chen Mingluo said to Yang Jier, "These new investors who came into the bull market do not know the strength of the bear market and have never tasted the taste of a big drop. As the saying goes, a newborn calf is not afraid of tigers. In the bull market, he only knows how to buy but not sell, and can earn enough money in the band. However, those old investors who came from the bear market will run away if they make a little profit, but their returns are no longer as good as others."
"However, seeing so much money, it seems that the market will not end for a while." Yang Jier said to Chen Mingluo.
"That may not be possible. If a ship can capsize on the sea, it is often a wave that comes by casually. This is what all the people who sail on the boat understand, but even the most experienced sailors will not know when this wave will appear." Chen Mingluo replied, "It is the same in the stock market. It has a big drop and a big rise in an instant."
However, even though he said that, Chen Mingluo did not let Yang Ji'er retreat. Both of them plunged into the stock market. In the next half month, the funds were getting bigger and bigger like snowballs. Yang Ji'er looked at the amount of funds in her hand and felt a very unreal feeling in her heart.
But after more than a month of operation, my funds changed from 200,000 to more than 6 million?!
It has increased thirty times! What is this concept?!
In fact, in the stock market during this period, there are many investors who have made ten times the profit. Even those who trade junk stocks often make the most profits. However, people like Yang Jier and Chen Mingluo who have made thirty times are unique, and they make much more money than dealers.
The biggest problem is that Chen Mingluo seems to have seized every best opportunity to enter and exit, and did not waste any opportunity. He has no grasp of the overall situation. When others dare not buy, he buys in large quantities, and when others insist on holding on, he decisively gets out.
After doing this, Chen Mingluo found that his capital was really larger. In order to avoid being noticed, he was forced to divide the funds into more than 20 stocks and operate them separately. Although the goal was small, his profit was naturally a little worse.
With a full calculation, he now has more than 500 million yuan in funds, but so much money is indeed enough for him to do a lot of things.
The first thing I had to do was to negotiate with the Spaniards of Letong Company and start dealing with the original betting agreement.
He made a bet with Letong Company, and borrowed funds from Letong Company in his own name and invested in the construction of the expressway in Mingyang. The condition is that within two years, if he can bring more than 50% of the investment amount to Letong Company, Letong Company will transfer the invested funds to Chen Mingluo at the original price. If this condition is not met, the funds invested by Chen Mingluo will be completely owned by Letong Company.
Judging from the current market situation of Letong Company, it was almost impossible to achieve such a goal. If Letong Company or Francesco himself invested 100 million US dollars in Mingyang Expressway, it means that Chen Mingluo would have to bring Letong Company one or five billion US dollars to complete this task within two years.
But the situation is very clear now. Letong's profit this year has exceeded 600 million yuan, and is expected to exceed 800 million next year, which means it will definitely meet the requirements Chen Mingluo said. Therefore, the Spaniards are not opposed to solving this problem in advance. After all, for Letong, if the 100 million US dollars of funds can be returned to its own account as soon as possible, they can continue to expand production, increase production, and obtain greater profits.
Chen Mingluo's guarantee was that he would give Espanyol 800 million yuan before the Spring Festival, and he would get the corresponding equity of the Mingyang section expressway.
Chen Mingluo is bound to win the issue of road rights on domestic expressways. After all, it is always a big suspense if this matter is not solved. He does not want any problems in this regard. The shares held in this expressway will bring him stable and generous returns. He must not benefit foreigners, otherwise he would not have made such a bet agreement at the beginning.
Yang Ji'er didn't know that Chen Mingluo was playing so much, and she just enjoyed the fun of making money. However, at Chen Mingluo's suggestion, she still transferred out three million of the funds first, leaving only half of them to work hard in the stock market.
"In this way, your goal will be much smaller. Otherwise, if you don't lose your tail, you will easily be targeted, which will be more troublesome." Chen Mingluo said to her.
In fact, Chen Mingluo was worried that she would be too happy to have fun and could not hold back for a moment. Then there was a sudden change, but she fell into it. After all, she followed her to study and make money, and she was not just happy.
After Sang Mingda unexpectedly took over the 650,000 certificate of deposit from his granddaughter, he looked shocked. He really didn't know that the little girl had gained such a gain after more than a month in the stock market?
Yang Ji'er told him that he would repay 50,000 yuan after borrowing 10,000 yuan, and 130,000 yuan after borrowing 650,000 yuan. Anyway, this money was earned by a legitimate way, so he would be safe to spend it, so that someone would always worry about bribing you.
The more than one million yuan Liu Qingmei put in Chen Mingluo's place also turned into 20 million yuan, but she didn't know about this, and Chen Mingluo didn't tell her, so she wouldn't be scared.
Next, Chen Mingluo's investment direction also changed. He no longer focused on short, flat and fast, and competed for meat with those dealers, but slowly distributed funds to some large-cap stocks.
As for Yang Jier and Liu Qingmei's funds, they were all invested in another stock according to Chen Mingluo's arrangement, Northeast Electric.
At this time in previous years, investors were about to hibernate. There was no market trend in the stock market in winter because all aspects were facing bank repayment and loan repayment. Funds contracted, so there would naturally be no major market trend.
But this year is different. Two big positive lines immediately raised the market. Then several small positive lines easily pulled the market past the previous high, and then quickly rushed past the psychological resistance level of 900 points, and made rapid progress.
This wave of market is like thunder thunder. Even the retail investors who were trapped were stunned. They were unconsciously unconfused, and there were also a lot of profits, and it seemed that all stocks were rising rapidly.
The market index rose rapidly at a 45-degree angle, and the empty retail hall was overcrowded.
As for where the funds were produced? Everyone is unconfident. Some say it was from Hong Kong, some say it was from Taiwan. What made everyone talk about the most is that it was mentioned in several news that it was the wave of market trends that were started by external funds entering the stock market, which made domestic securities companies miss the opportunity.
Retail investors are relative to market makers. As the opposite of market makers for a long time, retail investors have a very complicated mood towards market makers, especially securities firms. Without market makers, the stock price will not rise in the air, but they are also market makers, which wash the market, fluctuate, lure the long at high levels, and squeeze short at low levels, which will cause retail investors to suffer heavy losses.
Chapter completed!