Novel Bin Chapter 84 - 84 Analysis and Speculation
The chart presented the recent situation of Baijiu Technology.
On September 4th, the price variation of Baijiu Technology was -0.14%
On September 20th, the price variation of Baijiu Technology was -1.01%
On September 23rd, the price variation of Baijiu Technology was -1.32%
On September 26th, the price variation of Baijiu Technology was -0.12%
The repetitive pattern was rather confusing.
Song Yanzhong said seriously, “This is really confusing.”
“If this is the case, Luo Yuchang’s liquidation time is too fast. I don’t think many people bought Baijiu in the first place. If it were me, I’d let this stock fall so more people would sell. Then, I’ll let it increase greatly before cashing out,” Zhang Qidong said, still perplexed.
There was no sign or news now that Baijiu Technology’s price would increase greatly. This was inconsistent with Luo Yuchang’s way of doing things. After all, with no news, there would be some people who would try to take advantage of the small increase or decrease to sell. Luo Yuchang, who was eager to make money now, would not let go of an opportunity to make money. As long as he spread some news, he would be able to get a huge return. If he was not a fool, he would not remain silent. However, he was not a fool, but he remained silent. What did it mean? Apart from that, he closed out his positions much earlier than expected. According to the trend of falling before rising, it was too early for him to make a move. Why did he move so early?
“Put Baijiu aside, there might be news about Jingrui and Meiyuan…” Lin Miaoxue said as he brought her phone out to check on the two stocks.
“Jingrui is the same as before. Everyone’s very optimistic about Jingrui. There are countless comments on the Internet, and the majority thinks that Jingrui’s price will continue to rise…”
“As for Meiyuan, many people thought it was very stable. It doesn’t matter if they had to wait a little for the price to rise before selling… However, people are starting to panic due to the recent change. Everyone wants to sell now.”
“Based on this situation, Luo Yuchang might begin to buy more of Meiyuan. Later, he’ll make the price rise. With this, he’ll earn a lot of money…”
Zhang Qidong’s eyes lit up upon hearing this analysis. “President Jiang, then should we buy Meiyuan now or wait for it to go down the second time before buying? At that time, we can sell it before Luo Yuchang closes his position. We can still earn money. What do you think?”
Making money from Luo Yuchang was tantamount to giving a show of strength to him. It could also reduce his profit. He would definitely be infuriated.
Song Yaozhong nodded as he said, “President Jiang, I think Zhang Qidong is right. I think Luo Yuchang’s target all along is Meiyuan. Jingrui and Baijiu are just used to throw people off his scent…” Then, he added, “I didn’t expect Luo Yuchang to be so shrewd. He’s very meticulous and careful. He’s afraid of accidents so he’s trying to mislead people. We really have to be warier of him going forward…”
Jiang Feng did not completely agree with Zhang Qidong and Song Yaozhong. “Things aren’t that simple. Perhaps, this is just what he wants to show on the surface. He’s not so shallow…”
To be able to build a company like Kerry Financial Company, Luo Yuchang definitely had to be skilled in confusing and misleading people. Cinda Financial was not the only one keeping an eye on Kerry Financial Company; there must be other companies that were paying attention to Kerry Financial Company and Luo Yuchang as well. Moreover, these companies were on par with Kerry Financial Company. With so many wolves watching him, Luo Yuchang would definitely be very careful.
Hence, Jiang Feng could not say for sure that Luo Yuchang’s main target was Meiyuan Company.
“I think President Jiang is right. Luo Yuchang is very cunning. It’ll be rash for us to buy Meiyuan now,” Lin Miaoxue said as she shook her head, “Leave everything aside, and look at this. The response is very good, but what’s very strange is that on the afternoon of the 14th, it suddenly dropped -2.14%. There’s a pattern here in the following days…”
Lin Miaoxue’s expression was very serious as she looked at the chart.
Upon hearing this, the other three stepped forward to have a look at the tablet. It was indeed as Lin Miaoxue had said.
“Indeed, this is abnormal. It’s like someone’s trying to sabotage the situation,” Zhang Qidong said as his eyes lit up. At this moment, he felt like he was seeing Lin Miaoxue in a new light. He did not notice this detail at all.
“To be able to sabotage the situation, there must be a lot of funds. There’s a lot of money entering the market, and the person who sabotaged the situation is likely Luo Yuchang,” Jiang Feng said before he looked at Lin Miaoxue. She had found details that they overlooked.
“Since that’s the case, did the other stocks also have the same situation? Based on these irregularities, we should be able to roughly determine Luo Yuchang’s target,” Lin Miaoxue said with a smile as she clicked on the tablet again.
Zhang Qidong’s eyes lit up. “Miss Lin is right! Based on the strange news about Jingrui, we can see that Luo Yuchang is trying to earn the money of retail investors. The biggest characteristic of retail investors is that they don’t really pay attention to news about the market. They’ll invest when they have the money and act according to the fluctuations.”
Realization dawned on Song Yaozhong. He said, “In that case, if we make deductions from these stocks that have violated the rules, we can more accurately guess Luo Yuchang’s target.”
At this time, Song Yaozhong was looking at Lin Miaoxue with bright eyes. If this went on, with Lin Miaoxue on their side, perhaps, they would even be able to take down two or three Luo Yu Chang.
Lin Miaoxue clicked on the tablet, revealing the stock situation of Commonwealth Bank. Then, she said, “I’ve looked at this earlier. President Jiang, please have a look. On the 13th last month, it suddenly rose by 1.04%. The market news about this stock is mixed. On the 18th last month, it fell, but it didn’t reach the point. After that, it rose again. It seems like it’s trying to confuse people.”
Zhang Qidong and Song Yaozhong leaned over to have a look.
“Could it be that Luo Yuchang’s target is the bank? With this, it does seem like he’s planning something.”
Zhang Qidong looked at Jingrui Technology again before he said, “From the looks of it now, Jingrui can’t make much money compared to the bank.”
However, Lin Miaoxue shook her head and said, “No, this stock doesn’t seem to be Luo Yuchang’s target.”