章節 71: Chapter 71: Unexpected Change
The employees quickly followed orders, and Tian Wu Securities' selling pressure intensified, becoming overwhelming.
However, as time passed, Wu Chengtai's smile began to fade. His brows furrowed more deeply as he closely monitored the situation on the trading floor.
Two hundred twenty thousand!
Two hundred fifty thousand!
Three hundred thousand!
As he watched the buying funds continue to grow without any sign of slowing down, Wu Chengtai's concern deepened. He realized something was amiss.
Wu Chengtai immediately made a phone call. After the call, his frown deepened even further.
He had just called someone to confirm that Li Zhaoxu's funds amounted to only two million, which had already been transferred to an institution. There were no additional funds injected into Li Zhaoxu or Da Fa Real Estate's accounts.
But now, the funds had exceeded three million. Could Li Zhaoxu have somehow raised more money? But that seemed impossible!
"Is there another institution involved?" Wu Chengtai wondered.
"Mr. Wu, what's happening? What's the sudden change?" Ma Chengkun, noticing Wu Chengtai's changing expression, asked anxiously.
"There has been some change, but I'm still managing it. I need to check further," Wu Chengtai replied tersely, withholding his suspicions from Ma Chengkun. He then ordered his subordinates to investigate whether other institutions had entered the fray.
"Keep going, don't stop. Increase the pressure on the stock price," Wu Chengtai commanded his staff.
There was no turning back now. He had to press on regardless of who else had entered the market. At this point, he had already invested over ten million in suppressing the stock price. If he stopped now, the earlier investment would be wasted!
If he continued with the plan, he would have made over six million in floating profits from short selling by now. If the plan succeeded, he could not only acquire Da Fa Real Estate for just over twenty million but also make an additional six to seven million from the short sale. The total cost of acquiring Da Fa Real Estate would be just over ten million, which was an impressive profit!
But this was only achievable if everything went smoothly.
If he failed, he would lose over twenty million in funds, and would also bear the cost of the short selling bet!
The potential profit was enormous, but so was the risk! One side was heaven, the other side was hell!
Originally, Wu Chengtai had planned to keep the risk under control. But at the crucial moment, the sudden appearance of unknown funds began to unravel his control and increased the risk.
As time passed, seeing that the buying funds hadn't decreased and his team hadn't reported back yet, Wu Chengtai grew anxious. His face darkened, but he persisted in continuing to suppress the stock price. He was determined to fight to the end, with no room to retreat. It was a battle of endurance!
Moreover, he began to worry that the prolonged fight without a decisive win might attract other speculative institutions, creating more problems.
After observing for a while and noticing that Da Fa Real Estate's stock price remained volatile with occasional upward trends, other institutions that had been monitoring the situation began to think. It seemed that the bullish forces were not weaker than the bearish ones?
Not only institutions but also shareholders of Da Fa Real Estate and those just observing the market were drawn to the battle surrounding Da Fa Real Estate.
In a corner of the Kowloon Exchange, at an institutional seat, someone looked at the situation and thought for a moment, "It seems the bullish forces are not weak. Time to take a chance!"
With a determined expression, he quickly ordered his subordinates, "Buy Da Fa Real Estate shares. Test the waters with an initial purchase of 300,000."
"Understood, Manager!" his subordinates quickly executed the order.
This scene occurred in several places. A few institutions saw an opportunity and decided to take a gamble.
Their entry into the buying frenzy caused Da Fa Real Estate's stock price to rise slightly.
Seeing this, Wu Chengtai instantly realized the problem. Other institutions had joined in, believing there was an opportunity. The bullish forces had increased significantly, raising his pressure and risks once again.
"Damn it!" Wu Chengtai cursed, his face dark with frustration. His worst fears had come true.
To prevent this situation from occurring, he had initially used a heavy-handed approach to intimidate other institutions, making them reluctant to oppose him.
However, the unknown institution's entry had caused the battle to become intense, leading others to believe he was vulnerable.
Wu Chengtai anticipated that these other institutions were only testing the waters with small amounts. If he didn't forcefully drive them away and let them discover his weaknesses, it would be disastrous. Therefore, he had to continue suppressing the stock price and couldn't afford to hesitate.
"Increase the selling pressure. The stock price must go down!" Wu Chengtai's expression turned fierce as he gritted his teeth and gave the order again.
The operating staff, though silent, remained focused and continued their efforts, dumping more shares and causing Da Fa Real Estate's stock price to fall again.
Wu Chengtai closely watched Da Fa Real Estate's stock price and the situation on the trading floor, not daring to be distracted. He hoped this move would intimidate the other institutions and make them back off temporarily.
In the stock market, the overall trend is crucial. The trend was still in Wu Chengtai's favor, but if the bulls gained momentum and reversed the trend, he would be in trouble. Initially, to maximize profits and acquire Da Fa Real Estate, Wu Chengtai was relying solely on his own short selling, which was a weak position. Success depended on a decisive and sustained effort.
Any mistakes along the way would greatly increase the risk. Although he had prepared over twenty million in funds and had confidence, the more the situation dragged on, the more he had to guard against sudden attacks from others. Wu Chengtai had also relied on media-created panic to manipulate the market, shorten the operation time, and reduce risks.
But unexpectedly, someone had seized the opportunity and was going against the trend!
...
Tian Wu Securities' aggressive strategy did manage to intimidate some institutions. As the stock price fell, they quickly faced floating losses, and Tian Wu Securities' determination became evident. For a moment, they hesitated, questioning whether they had misjudged the situation and whether they should observe further.
However, while other institutions were intimidated, Xia Yu's side remained unyielding.
每周推薦票狀態
-- 推薦票
榜單 
-- 推薦票