When the market opened at 9:30, the group of institutions that had been washed out decisively concentrated on selling, and the stock price immediately plunged. At this time, hot money also began to sell, and some retail investors who had made profits also began to flee.
The stock price dropped all the way. At around 9:33, the stock price of Zijing Mining plunged to 5.41 yuan, and the increase narrowed to +3.83%. Funds followed the trend and fled, and the trading volume finally began to increase. In just three minutes, 3.5 billion was released.
of energy.
Institutions are undertaking large-scale transactions at a high level, but the transaction volume is still not enough, and the exchange of hands is still not sufficient. The amount is only 3.5 billion. The previous position was more than 30 billion, so it is simply not enough to take such a small amount of goods.
The barrage also exploded.
"Who is trying to destroy the market?"
“The layout is too small!”
"Hold your shares and wash out those who are not determined!"
"Don't sell one share until it doubles!"
“Added positions!”
"It's open, go ahead!"
"You will regret going out today!"
"Hammer the empty dog!"
…
At 9:35, when the stock price dropped to +3.83%, it suddenly rebounded to +5.48%, and then fell back by about 1 point. Then more and more funds were received, and the stock price could not fall at all.
More retail investors flocked to buy, and some holders were even adding to their positions. Because of the huge profit margin and the unity of knowledge and action, they bought as soon as the market opened.
Then, a large number of Wanshou brothers appeared in the market, and a new batch of hot money entered the market to take over.
The short squeeze-style rally has officially begun!
In just five or six minutes, Zijing Mining's market went out of intraday divergence and turned unanimously long. At this time, institutions saw that everyone was scrambling for funds and had little willingness to sell. There was nothing they could do when they were shorted.
I had no choice but to follow the lead and scramble for funds. I originally hoped to defeat the green, but I couldn't stand it and the effort was too brutal.
At 9:39, the share price of Zijing Mining hit 5.73 yuan, up +9.98%. It successfully entered the third and fourth boards, with a turnover rate of 4.97% and a trading volume of 5.5 billion.
The rise of Zijing Mining has not only driven the gold concept sector, but also the non-ferrous metal sector. Short-term sentiment funds have begun to speculate in these two sectors. Hot money will go where the popularity is, and short-term funds will follow.
.
The A shares are closed, and the H shares are rising even more fiercely. The intraday stock price has reached a maximum of HK$5.397. The market value spread between rising + stocks is shortening, because the H shares are rising more fiercely.
After the market closed, Zijing Mining’s trading volume was also locked at 100 million yuan.
On the weekends, the popularity of Zijing Mining has further made money. Big Vs are all discussing that this ticket has now been out of the four-way board and has undoubtedly become the overall leader in May. The hundreds of billions level plate can be a monster.
Destined to be extraordinary.
On the other side, Lu Ming's arrangement of diving capital to short gold was handed over to Qi Wei for execution, and the arrangement had been completed.
Since the public announcement of the bullish investment in gold at the annual shareholders' meeting, investors in the domestic stock market have bought into it. Even Zijing Mining has made a four-game plan to forcefully reverse the downward trend of this stock.
, other companies that followed the trend, such as Chifeng Gold and Yintai Gold, also performed well.
However, the international market did not buy Lu Ming's account. Today, both London gold and New York gold fell sharply by 1 percentage point, which is a big drop for gold varieties.
The Federal Reserve's expected interest rate hike in June is still the focus of global capital markets. A U.S. dollar interest rate hike is not good news for gold, so it is prudent to fall first.
And Lu Ming still dares to publicly sing long gold. Wall Street, which has long been displeased with him, is even more aggressive in short selling. However, the outside world does not know that Tiansheng Capital’s recent investment in gold is not long, but short selling with 20 times leverage.
.
It seems unreasonable to say that Wall Street is so easily fooled. After all, saying it is one thing and doing it is another.
But this operation of Zijing Mining has convinced Wall Street. No matter how you look at it, Lu Ming is really spending real money to do long gold. Zijing Mining has raised its bid to 20%. This is real gold and silver.
Scan the secondary market.
…
Monday, May 14th.
The first trading day of the new week arrived as scheduled. There was no bad or good news on last week's weekend. No news is good news for Zijing Mining.
As for the decline in the futures market, no one cares. In the situation of independent market conditions, the best news is that there is no news from individual stocks.
Zijing Mining opened higher by +2.13% in today's bidding. After the opening, it opened higher and moved higher, all the way towards the daily limit.
The volume is still shrinking and rising today. The turnover in the opening 20 minutes was only about 1.2 billion. It is obvious that most holders are not very willing to sell. They have generous profit cushion protection and will not sell easily until the trend is over.
But just when the stock price reached 6.09 yuan, an increase of +6.28%, a news broke out during the session that frightened everyone, and the news also popped up on all major market software:
[According to sources, Zijing Mining will formulate a public issuance of new shares, estimated to be 100 million shares]
As soon as the news came out, the stock price suddenly fell, and the volume dropped rapidly. The issuance of new shares often means a sharp drop, or it is difficult to rise. Once the news is confirmed, it will face the problem of trading suspension.
Hot money simply smashed the market and fled without any hesitation. After seeing the news, the hot money team led by Lao Yang decisively ordered all members to check all positions and issue new shares. Such operations were suspended for three months or half a year. For short-term hot money,
This is unbearable. Freezing funds means paying opportunity costs, and there is no absolute guarantee that prices will rise after trading resumes. Therefore, hot money took the lead in smashing the market and fleeing, and other profitable retail investors also began to smash the market and flee.
At 9:52, the stock price of Zijing Mining plunged below the zero axis and turned green, and the transaction volume quickly increased to a huge 3.6 billion.
The barrage was full of curses.
"Isn't it disgusting? Issuing new shares at this time?"
"Is the news true or false?"
"Anyway, the news was finally confirmed to be true. I will withdraw first, and the remaining brothers will get rich!"
"Don't care if it's true or false, unite knowledge and action, and never leave until you double your chances!"
"The price is 6.05. I'm sorry, brothers. I just bought a big bull stock again. If you buy it, it will go down. If you sell it, it will go up. If you hold it for a long time, it will not go up. Once you sell it, it will go up immediately. I have been optimistic about it.
The one you bought keeps going up, the one you keep bullish on keeps going down, you are bullish on two stocks at the same time, the one you buy will go down, and if you hold two stocks at the same time, the one you sell will go up, fuck!!”
"Brother upstairs, this is such a painful realization for you... [cover face] [cover face] [cover face]"
…
At the same time, Lu Ming was also watching the market, but he did not look at Zijing Mining. He was surprised by the sudden plunge in the gold concept sector and non-ferrous metals sector. He immediately thought of Zijing Mining and switched to the time-sharing chart of this ticket.
At first glance, I was really blown away by this ticket.
"Public issuance of new shares?" Lu Ming looked at the content of the news and frowned in confusion. Why didn't Zijing Mining evaporate the new shares come to Tiansheng Capital? He didn't have any news at all?
Lu Ming immediately picked up the landline and called the assistant's office: "Qiulin, please call Zijing Mining Company and ask them what happened with the issuance of new shares? How come I, the second largest shareholder, don't know anything?"
Han Qiulin: "Okay, I'll ask right away."
A few minutes later, Han Qiulin called and replied: "Chairman, I just made an inquiry and the management of Zijing Mining said that there is no such thing in the company. What is being spread is rumors. When I just ended the call with them, they had already
An announcement to refute the rumors has been issued.”
"I see, I understand." Lu Ming hung up the phone, smiled silently, and said to himself: "It seems that someone is acting as a monster..."
After thinking about it for a while, I have a high probability of guessing what kind of man-made rumor it is. It is most likely a rumor created by the big institutions that have been washed out. The retail accounts in it are so strong that they shrink every day without changing hands and do not receive calls.
It's hard to scare them away by sending exciting news.
Lu Ming turned his head again and looked at the time-sharing chart of Zijing Mining. Around the minute, the stock price turned green and dived suddenly bucked the trend and surged upward at this time, because major market software had already pushed the news about Zijing Mining refuting the rumors.
At the same time, in Lao Yang's group conference call, he immediately said to all members: "Quick, quick, quick Zijing Mining, everyone put all the positions they sold at the daily limit and take them back. Buy quickly! Buy quickly! Scan the goods directly!
The culprit must be that the main players of the institutions that were washed out were unable to grab the chips and so they spread rumors and fake news in a hurry. This actually proves that there will be a super market in the future and must be taken back."
People who knew they had been cheated quickly took it back after they realized it. As more and more people knew about it, the stock price surged even more fiercely.
