If it rebounds, as long as he doesn't buy much and doesn't lose much money, he will be forced to close the position if it doesn't work out, but he thinks this possibility is very small.
So, he only bought 1.2 million short futures and increased the leverage by 40 times.
As long as the stock price rises by one point, he can earn more than three million, which is much more than what he earned from the stocks he bought before.
Just when he finished the operation, several of Chen Bo's friends, all listless, like deflated balloons, slowly walked over from the direction Chen Bo came from.
When they saw Chen Bozheng and Brother Li together, they all walked over to say hello.
"Brother Li, sister-in-law!"
A few people didn't show much enthusiasm. Most of them came to say hello out of politeness and respect.
In fact, with their current mood, nothing could excite him.
Looking at the dejected looks of these people, Chen Bo knew that these people had lost money.
Just when he learned that many stocks were falling, he specifically checked the stocks they bought.
As he expected, they were all following the trend of White Bone Claws, going down, and were about to hit the bottom.
When I think of these people showing off in front of me and mocking his timidity, I feel indescribably proud.
If you don’t believe what Brother Li said, it’s fine now, I’ll pay it all.
But he didn't say it, but asked pretending to be puzzled: "You guys look unhappy. Is there something wrong with the stock?"
One of them immediately sighed and said with an annoyed face: "Hey, we are really pissed off.
The stock that had already reached its daily limit suddenly went crazy and fell again within a few minutes.
And it’s falling very horribly, and it’s almost reaching its limit.”
"Who says it wasn't? This wave of operations caught us off guard and we had no time to react. We could only watch it fall."
Speaking of this, a second-generation rich man suddenly seemed to have thought of something. He looked at Li Yiyang with wide eyes and couldn't help but ask: "Brother Li, I heard Chen Bo say before that you told him that there would be a stock market crash. Shouldn't you?"
Isn’t this a stock market crash?”
They didn't believe it at first and always felt that Li Yiyang was alarmist.
But now that such a situation has occurred, they cannot tolerate disbelief. Otherwise, it would not be possible for so many stocks to fall, but rather to fall so brutally.
Things have reached this stage, and Li Yiyang did not lie to them: "Yes, this is the real stock market crash.
I asked Chen Bo to remind you before, but it seems that you didn’t believe it, so no one else is to blame.”
Several people were a little ashamed after being told that, they really didn’t believe it!
The stock market was rising so well at that time that it didn't look like there was a stock market crash.
Even not long ago, they felt that Chen Bo was a little too timid for listening to Brother Li's unrealistic words.
Who knows, just how long has passed before their stocks have plummeted like this.
Now it was Chen Bo's turn to be happy. He had sold all his stocks and didn't have to worry about his money being stolen.
And even if they want to buy it now, no one is willing to buy it.
Such a gap was hard for them to accept for a while.
Thinking of this, one person asked without giving up: "Brother Li, you said that we will sell all the stocks as soon as the market opens in the afternoon. Are you in a hurry?
Or is it that this decline is temporary, and as long as we persist, there will be a recovery?"
Li Yiyang could understand their mood, but things would not go according to their ideas. He said slowly: "According to the stock trading system, large orders are completed first. Orders like yours that are not big or small can only be closed.
I'm afraid I won't be able to sell it.
As for you saying that the stock is recovering, that is almost impossible, and it will continue to fall until it falls below 1,500 points."
When everyone heard this, they realized that six thousand eighty dropped directly to one thousand five, so they were going to kill them all.
Even Chen Bo was shocked when he heard this: "Brother Li, if the stock market has fallen so hard, hasn't the stock market suddenly returned to six years ago?"
Li Yiyang said: "The fundamental reason is that physical stores have been squeezed too hard, and it is normal for them to fall.
But this is also an opportunity. As long as you have enough funds on hand, you can take this opportunity to hit the bottom of the real economy.
Because after the stock market crash has passed, the country will begin to pay attention to the real economy and curb the malicious growth of e-commerce."
Chen Bo was deeply touched by what Brother Li said.
His father runs a physical store. In recent years, due to the rise of e-commerce, the business has not been as good as before. Many people place orders directly online, and the prices are much lower than actual prices.
Fortunately, his father also got help from some insiders. When he saw that there was a problem in the business, he jumped on the e-commerce boat and escaped the disaster. Otherwise, the company would have gone bankrupt long ago.
Although the company has been saved, it is still difficult to sustain due to shrinking profits.
If this continues, without the support of their physical stores, e-commerce will lead to inflation due to shortages, which will affect the entire country's economy.
There are traces of this, and it is not a stock market crash that happened out of nowhere.
It can be said that this stock market crash is a warning and a protest against e-commerce.
When several rich second generations heard this, they were no longer in the mood to discuss stocks.
Seeing that these people were in a bad mood, Chen Bo invited them to dinner.
However, when we went to eat, everyone was staring at the stocks on their phones, not even in the mood to eat.
With everything like this, who is still in the mood to eat?
Chen Bo and Cheng Jie's moods were not affected by this incident. The main reason was that they followed Li Yiyang's advice and cleared all their stocks without causing greater losses.
Otherwise, they would be as lost as these people.
Although some of them still have hope for the stock, they still feel that it will not fall like this.
However, some people still worry about placing their stocks at the lower limit price in order to reduce greater losses.
But even so, they still feel uneasy and always have an ominous premonition.
Things turned out just as they thought. When the market opened, the market was falling like crazy.
Don't talk about rebounding, just keep the original data, that's all a dream.
Those with a lower limit are of no use, because there are already countless large orders hanging at this price.
The first one to conclude a deal is always the big one, small orders like these will only get cut off.
The rich second generations who saw this scene all turned pale. They could only watch as their stocks fell to the limit, but they were powerless.
There is nothing more despairing than this in the world.
Until the closing time in the afternoon, all the investors looked at the big screen of the exchange and were in a daze, unable to believe that all this was true.
From the upper limit to the lower limit, it only takes a few hours, which is crazy.
Moreover, it is not just a targeted decline in a few stocks, but if the market falls, all stocks will also fall.