legendary trader

Chapter 565

"Illegal transaction?" Startled by Zheng Xiaopang's sudden question, He Li didn't understand for a while, and the light here was also dim, so he couldn't see the faces of Chen Fan and Zheng Xiaopang clearly. Fat words are confused.

"What I mean is, we used many accounts to buy and sell Qualcomm stocks. Is there something that might be discovered?" Seeing that He Li didn't answer, Zheng Xiaopang guessed that he might not fully understand the meaning, so he explained.

"There shouldn't be any. The account that was handed over to us. During the entire transaction process, we have researched and analyzed when to open a new account and when to use an old account. There shouldn't be any problems you are worried about." He Li said I understood, and quickly replied.

"Then when I read the news, I heard that those large investment institutions and investment funds have to pay a fine to the regulatory authorities every year, which is to admit that there are illegal transactions in funds. How do you understand this?" Chen Fan interrupted suddenly asked.

"Oh? You said that, that violation is different from what we do. Their capital transaction volume is large, and there are many restrictions. They are Sunshine Investment, and everything is under supervision. What we are doing now can barely be regarded as private equity. Well, it doesn’t even count as private placement, there is no supervision at all, if we say that we violate the regulations, we must violate the regulations, or even break the law.”

He Li listened to Chen Fan's words and said with a smile: "Think about it, those institutions and funds have a huge amount of funds. There is only one account. Of course, investment accounts can be opened at multiple brokerages, but basic accounts can only For one thing, with such a large amount of funds and such a huge transaction every year, it is impossible to say that it does not violate the rules, so it is normal to pay a fine every year.

It’s like some laws and regulations in our country, don’t they stipulate that the fund’s holding of a single stock cannot exceed [-]% of the total assets?But if you hold shares at a fixed price, if the stock soars, you have violated the regulations, and you will be fined after paying a fine.

Mr. Chen, many of the violations you mentioned are inadvertent violations. In fact, it is not a big deal. Just like in the United States, there are more trading rules. I am ashamed to say that I am doing financial investment. "

"Oh, that's right, it's okay, but you still have to pay attention to the future transactions, and come in to avoid trouble. After all, it is the home court of the United States, and we have nothing to do with it."

Chen Fan nodded. Thinking about it, he felt that what He Li said might be true, and he was a little worried. As long as he was not caught, nothing would happen.

"That's fine, that's it, let's go back." Zheng Xiaopang said with a smile, it's all right.

The three of them quickly returned to the trading room and continued to do their own things.

"The market should have bottomed out." Chen Fan saw that when he returned to the trading room this time, the Nasdaq Composite Index was already at 2648 points, and it should have completed the low test and started today's upward trend.

"Alas, Oracle is still falling. It seems that it is really not going to work today, and we will continue to adjust in the future."

Zheng Xiaopang's focus is still on the Oracle software, and now he sees that the stock price has fallen to 9.66 yuan, and the trading volume is still shrinking. Dropped the list below, and said with a sigh.

Qualcomm's stock price is still rising along the upward channel, and it is about to hit a record high.

The last time it broke through the 20-yuan barrier, Qualcomm’s highest intraday price was 20.88 yuan, and now the stock price has reached 20.8 yuan.

"I don't know if those locked-in stocks will come out after the new high point. After all, I have been trapped for half a month. The market has fallen so badly in the past half month. If these chips were in a profitable state at that time, I guess I would have run away. .”

Zheng Xiaopang suddenly said, after all, Qualcomm's current investment amount is too large, and its ups and downs have a huge impact on their operation this time.

Although Zheng Xiaopang's main energy has been transferred to Oracle software, he is still very concerned about the operation of Qualcomm's stock price, which is all money.

"At most break through the high point and then shake it up. First shake out some of the chips. However, the shock position must be above 21 yuan. The effect of the shock position will definitely not be good if the high point is broken. A little room for profit must be given, and in the next two days There is still a process of stepping back to the high point, and scare these funds again."

Chen Fan glanced at Zheng Xiaopang, and said with a smile, "Take your time, increase bit by bit, to make the foundation firm. What those investors think is that after buying, the banker will pull up quickly like a fool. give them room to profit,
After they make money, they can leave the market smoothly. It's that simple, and we have to do it according to our thinking. Only when we want them to leave, can they leave, where we can give them the initiative. "

"Yeah, the banker is not stupid, so now the banker of Oracle is playing with me hard." Zheng Xiaopang suddenly laughed and said, pointing to the computer screen.

"After the labor and management entered the arena, they didn't make much money, and they made it like taking an elevator, going up and down. It was a good time for you to enter the arena at that time. It was only 6 yuan, and there was enough room to laugh. The banker's operation, anyway, half of the profit."

"Do you know what I am concerned about now?" Chen Fan suddenly asked Zheng Xiaopang.

"What?" Zheng Xiaopang was taken aback by Chen Fan's sudden question, and subconsciously replied.

"Will the market pull back tomorrow?" Chen Fan asked while staring back at the Nasdaq chart without looking at Zheng Xiaopang.

"There is no need to think so much. I think the trend of the market itself is determined by the trend of the heavyweight stocks in the market. You should also understand it. It can only be said that your operating ideas are consistent with the ideas of most people in the market, even if the market trend is similar to Qualcomm. , doesn't mean anything."

Zheng Xiaopang frowned slightly, but then quickly relaxed it.

"Whether we think about it or not, we who are in charge of the project have to think a little bit more than others. We must think about failure before we win. We must take precautions."

Chen Fan smiled helplessly and shook his head, but there was still a hint of worry in his eyes.

Soon, Qualcomm's stock price fluctuated repeatedly and rose to 20.90 yuan, which was a record high set half a month ago.

However, because Qualcomm's trend is still very stable, hitting a new high did not trigger more follow-up buying intervention. Only those funds that had been trapped for more than half a month were celebrating at the moment, finally liberated and profitable.

However, the funds that intervene at the low point will be more reserved at the moment, and they will make money after buying. At this moment, they will hit a new high, but it will only open up the room for the stock price to rise again. There is no ceiling for the time being, and the stock price can continue to rise. go down.

(End of this chapter)