Tony couldn't help but start to review his previous inappropriate behavior. What he regretted most was that he invested more than 20 million US dollars in setting up the future in the auction house and related businesses.
If he could have an extra ten to twenty million dollars in cash in his hand now, not only would he not be afraid of Juan's little moves, he might even be able to bite off a large piece of flesh from Juan's body.
Tony had lunch with the experts and then returned to the exchange, waiting for the afternoon market to start as if waiting for a verdict.
Sure enough, as soon as the market opened in the afternoon, large buying orders appeared continuously. It took less than half an hour to recover the losses in the morning and bring the stock price back to 7.85, which is today's opening price.
After a slight consolidation at this price, the other party continued to push the stock price up. After these days of continuous shocks, most of the pressure on the 8 yuan line has been released in advance. Unless Tony takes action, retail investors will no longer be able to prevent the stock price from rising here.
Tony naturally couldn't watch the other party increase the stock price like this. He placed sell orders for a total of one million shares several times at the round number of 8 yuan. In fact, the biggest effect of this was to scare people and show the short seller's determination to stick to the key point.
As a result, the bulls showed no sign of weakness and placed a buy order for 500,000 shares at a price of 7.99. At the same time, they used buy orders of 10,000 shares and 20,000 shares each time, and began to attack the sell orders of 8 yuan.
A few minutes later, less than half of Tony's sell order placed at 8 yuan was left, and the bulls were still using small orders to slowly eat away at the placed sell orders.
At this time, several experts could not sit still.
"Tony, unless you can be sure that the opponent is not strong enough, what you are doing now is the worst choice.
You can choose to take action to suppress the stock price, or you can choose to retreat to the next key point and organize a blockade.
What you are doing now is a sign of the weakness of the short-sellers. It won’t be long before speculators follow the current long-sellers and buy. By then, you will not only be facing the long-sellers.”
The experts were right. At this time, bold speculators had entered the market. Among the transactions of 10,000 and 20,000 shares, there were many orders of several thousand shares. Those were not operated by Laursen and others.
.
Laursen did this in order to attract popularity and bring in over-the-counter funds. Laursen knew Sun Dahai’s plan very well. It was to take revenge on the Masardino family. He couldn’t just play around and turn himself into a shareholder.
.
However, at this time, both Laurson and the experts around Tony have clearly felt that the desire for OTC funds to enter the market is getting stronger and stronger.
Under this situation, Laurson was very satisfied, but Tony was a little panicked. After consulting the experts around him, he decided to take the initiative, not only showing the confidence of the short sellers, but also testing and consuming the funds of the long sellers. In the end,
The most important thing is to dispel the desire for OTC speculative funds to enter the market, otherwise the pressure he will face will be much greater.
Following Tony's decision, a minute later, several sell orders for 100,000 shares were placed at the price of 7.99, and the buy orders hanging here were quickly eaten.
Immediately afterwards, continuous sell orders of 100,000 shares continued to suppress the price downward, 7.95, 7.9, 7.85... the stock price directly hit 7.5 before stopping.
In this wave of operations, Tony has used a total of 1.5 million shares, plus the 1 million shares listed at 8 yuan. So far, he has used a total of 2.5 million shares, which is equivalent to 5% of Anroni Leather Goods' shares.
.
However, not all of these 2.5 million shares have been bought by others. Currently, nearly half of them are listed at the same price and have not been traded.
Tony planned to hang on for a while to demonstrate his strength and shock off-site investors, and at the same time bring out some selling orders.
But he did not expect that today the bulls did not try to avoid direct confrontation as before, but became much tougher.
Tony had just hit the stock price to 7.5, and within three minutes, the opponent's counterattack came.
Tony placed two short orders for 100,000 shares at 7.5, and now there are still more than 160,000 shares that have not been traded. As a result, in the blink of an eye, four buy orders for 50,000 shares appeared almost at the same time, and the price of 7.5 was instantly occupied.
Just when Tony opened his mouth in surprise and before he could say anything, the buying orders came out one after another. This time, all the buying orders were for 50,000 shares. The speed was so fast that people didn't even have time to react.
If not, the stock price was brought back to the price of 7.99.
On the computer, the price trend of Anloni leather goods today is pretty good. In the morning, it was a typical decline resistance, falling from 7.7 to 7.38. As soon as the market opened in the afternoon, it rose all the way, from 7.38 to 8 yuan. The price and volume
Increase together.
This was followed by another round of sharp decline, with the stock price hitting 7.5 yuan from 8 yuan in fifteen minutes. Then there was another round of rapid increase, with the stock price returning to 8 yuan, and the trading volume expanded again, and on the graph
It forms a deep V.
Just when Tony was eager to communicate with experts and wanted to defuse the bull offensive, the bulls began to launch a fierce attack on 8 yuan. Among several buy orders for 50,000 shares, there were actually sell orders for 100,000 shares.
The sell order of 10,000 shares was quickly sold out.
After the bulls occupied the integer mark of 8 yuan, they did not listen, but continued to push the stock price up. There were not many sell orders after 8 yuan, and the bulls also reduced the number of buy orders, and continued to rise slowly but surely.
It soon broke through the recent high point of 8.15 for Anroni Leather Goods and reached a new high point of 8.2.
At this time, Tony and the experts have reached a consensus that the stock price must be suppressed again today no matter what. Otherwise, if the market closes with the current figure of bald and long Yang line, coupled with the huge trading volume, I am afraid that those who will be watching from the sidelines tomorrow will
Funds following the market will enter the market like crazy.
Tony took advantage of the fact that everyone was adjusting and took the time to call several brokerages. He applied for a securities loan on the phone for a period of one month.
These brokerages hold a total of 20% of the shares of Anloni Leather Products, and they have previously agreed that Tony will borrow 10% of the shares from them this time to increase the bargaining chip.
The specific procedures must be completed after the market closes, and the dividends of borrowed stocks must be calculated based on today's closing price.
After reaching a verbal agreement, Tony felt much more relieved. He now only held 26% of the stocks. If there was no securities lending, he really didn't dare to sell more. He was afraid that Juan and the others would suddenly exert their strength and directly become An Luo.
Nigeria's largest shareholder, this is going to be a big joke.
About half an hour before today's closing, Tony took action again. Selling orders for 50,000 shares and 100,000 shares were placed one after another, trying to push the stock price below 8 yuan.
However, today the bull trader seemed to be a different person, he was extremely aggressive and refused to give in at all.
As a result, the stock price saw a tug of war between 8 yuan and 8.15. Until the close, the stock price was not suppressed again.