Starting with a fully invested A-share portfolio to become a capital...

Chapter 119 The Only Short Seller in the Market
[Fishing Guy]: It's safe! It's safe! It's all safe! With this announcement about the abnormal stock price movement from Jianfeng Group, there's at least another 5 consecutive limit-up days. Hold on tight, guys!
[Cola Chicken Wings]: No wonder Xu Xiang's Rhine Biologics couldn't beat Jianfeng Group; it turns out their potential performance is soaring.

[NiuNiuMeiMei]: Take off, my Peak Group!

[Large Mickey Mouse]: Retail investors may pick the wrong stocks, speculative funds may pick the wrong stocks, but stocks that institutions are aggressively buying are 95% guaranteed to be right. These bastards have inside information!

When the announcement of "Serious Abnormalities in Stock Trading" from Jianfeng Group was released to the entire internet, retail investors holding the stock cheered.

Financial media outlets, who had been monitoring the situation all afternoon, provided immediate interpretations and brief summaries to amplify the impact.

"Highly anticipated! Shikimic acid concept leader, Jianfeng Group, achieves eight consecutive daily limit-ups; unusual stock price fluctuations may hold hidden secrets..."

Incredible Decision! Peak Group Makes Emergency Adjustment to Strategic Goals, Securing Huge Orders from Major European and American Clients!

Shocking! Jianfeng Group's cement and pharmaceutical orders are expected to increase; could it become the first "monster stock" of 2009 to achieve 15 consecutive daily limit-ups?

Top Secret Intelligence! A renowned agency manager frankly admits that missing out on the Peak Group opportunity in this round means missing out on a chance to get rich quick!

The stock forums on Eastmoney.com, Baidu Tieba, Sina Finance, NetEase, and Tencent are all buzzing with discussions about whether Jianfeng Group can become the "demon stock of the year."

What are the "demon stocks" of the year?

Ten consecutive limit-up days can only be considered a "monster stock". To become a "monster stock" of the year, it needs at least twenty consecutive limit-up days, and some even have thirty or forty consecutive limit-up days.

Examples include Hongdu Aviation and ST Renhe (now Renhe Pharmaceutical) in 2006, ST Lingguang (delisted), China National Machinery Industry Corporation, and Xinfu Pharmaceutical in 2007, and Longping High-Tech in 2008.

As long as you catch one hot stock of the year, it's not a problem to multiply your assets three to five times, and some can even reach ten times!
At this point, many people might ask why top speculative investors like Xu Xiang and Zhang Jianping don't go for the year's hottest stocks and make a fortune.

The reason is simple: a hot stock of the year needs not only capital, but also the right timing, location, and people. In addition, speculative funds are under the sword of Damocles, so no matter how crazy they are, they have to follow the trend.

For price increases of less than 200%, regulators usually don't intervene, but if the increase exceeds 200%, it's easy to get an investigation letter.

As the saying goes, "the first bird to stick its head out gets shot." If there is no major trend driving it, rashly pulling out a 500% increase is not just sticking out, but shoving the bird into the regulator's mouth—pure provocation!

……

Pudong, Shanghai.

Victory Garden Residential Complex.

After seeing the "Announcement on Abnormal Stock Trading" from Jianfeng Group, Li Daxiao immediately began recording a video.

He sat at his desk, facing the camera, and said, "Comrades, the breakthrough bull market we've been holding onto has arrived. The expected increase in the performance of the Peak Group indicates that exports and foreign trade are recovering, and the H1N1 flu theme can continue. This bull market will surpass the past. Let's cherish it, embrace it, and enjoy it!"

Li Daxiao became more and more excited as he spoke; he truly believed that a bull had arrived.

As the video clips were posted on Weibo, countless "Xiao students" saw them and began to unanimously and firmly hold a bullish view.

[Overlooking the mountain peak]: It really is a baby bottom! Teacher Da Xiao, I love you! This time I will bet all my savings on a big heist. If I succeed, I will be set for life!
[Ningjingzhiyuan]: Thank you, Teacher Daxiao, for your explanation and for your continued support. I have already benefited from a 30% increase in the H1N1 flu concept stocks, and it looks like they can continue to rise.

[Lonely Wind]: 29 export orders, totaling 8.7 million yuan. I can't imagine how many more consecutive limit-up days Jianfeng Group can achieve, but I feel that at least five more!

The fact that Jianfeng Group withstood the test provides support for other flu-related stocks, and the H1N1 flu concept will become even more popular.

Many people invest but don't understand the underlying logic of price increases. In fact, the basic logic of investing is very simple: consensus.

Why is it considered a consensus?
Take currency as an example. In the past, humans used shells, grains and cloth as currencies, then precious metals such as gold and silver, and finally paper money.

Leaving aside the practicality of grain, cloth, gold, and silver, let's talk about seashells and paper money. Are they valuable in themselves?
Seashells are an inexhaustible source from the ocean.

Paper can be mass-produced.

They have no value in themselves, or rather, very little value.

The reason they are given value is because of human consensus; people believe they have value, and that's how they acquire value.

For example, Van Gogh's paintings were not appreciated by anyone while he was alive, and no matter how many he created, they could not be sold for high prices.

But after his death, capitalists began a frenzy of speculation, and in May 1990, "Portrait of Dr. Gachet" sold for a record-breaking $82.5 million.

Could Van Gogh have imagined it?

He doesn't dare!
During his lifetime, a painting was considered a fortune if it sold for $200; no one would dare dream of $8250 million.

That's what investment is all about. When a consensus is reached, it gains value. When the value of the consensus exceeds that of the item itself, it becomes a bubble.

Following the release of the "Announcement on Severe Abnormal Stock Price Trading" by Jianfeng Group, countless retail investors reached a consensus: Jianfeng Group's stock price could still rise, and the H1N1 flu concept could still be hyped!

Far away in the Changtai Building in Zhangjiang, Zhang Yang witnessed this internet frenzy from his office, which further solidified his idea of ​​taking profits.

He had already sensed the risk of buying when no one was interested and selling when everyone was bustling around.

"Cough-cough-"

The computer emitted a coughing sound, as indicated by QQ.

Zhang Yang clicked on it casually.

[Stock Trader]: Did Joker, the stock price fluctuation expert, see the announcement from Jianfeng Group? Shikimic acid's performance is skyrocketing. Do you think it's possible for it to become a "monster stock" of the year?
Since adding Lin Guangchang as a friend, he has been coming to Zhang Yang from time to time to discuss trading insights and market research reports.

At this point, "Stock Trading to Support the Family" was just a second-tier speculative investor who had not yet grasped the essence of his "Family Supporting Techniques," but he had already demonstrated an amazing learning ability.

Zhang Yang is also willing to discuss with highly talented players.

[joker]: Peak Group does have the potential to be a monster stock of the year, but it has a drawback, namely that its shares are too dispersed. In addition, family businesses are inherently risky. I have already decided to take profits and let them speculate.

[Stock Trader Supports the Family]: Are you taking profits tomorrow?

[joker]: Yes, it's time to take profits.

Upon seeing Zhang Yang's message, Lin Guangchang was stunned for a few seconds. He thought Zhang Yang would continue to hold the shares and reap the full profits.

But to his utter surprise, when the market sentiment was at its peak after the announcement from the Peak Group, that man actually wanted to withdraw.

Should I leave or not?

Lin Guangchang began to think about this problem.

He looked at the market sentiment and was thinking of making another three or four consecutive limit-up days, since retail investors were all eager to participate and there was no need to worry about the support level.

But Zhang Yang wants to leave…

Just as he was racking his brains trying to figure it out, Zhang Yang sent him another message.

[joker]: Since May 8th, Jianfeng Group has not had a proper shakeout. Even though it experienced a sudden drop from limit up to limit down, it quickly rebounded. Now, retail investors above are waiting to break even, while institutional investors below are eagerly waiting for their profits. I'm not sure how many days the retail funds can sustain the limit up, so I want to take profits.

Lin Guangchang looked at the text message and nodded slightly, saying, "That makes sense."

He started following Zhang Yang when he only had 200 followers, and now he has almost 4000 followers. In his memory, "Joker the Great God" has hardly ever lost, and his win rate is at least 95%.

After careful consideration, he typed back: "I trust you, brother. Let's have a meal together sometime, it's on me."

[joker]: I definitely will if I have the chance.

Zhang Yang quickly typed a response and shared his thoughts in VIP research report groups 1 and 2, reminding them of the risks.

In an instant.

Both groups were in an uproar.

[Lin Beibenbei]: Is the group owner serious?
[Wahaha Boy]: Master Xu Xiang, Brother Sun, Master Zhang, and God A are all bullish, so Joker, it's a bit irrational of you to be bearish at this time, isn't it?
[Invincible Little Chen]: I was ready to sell my house and go all in, but Joker, your bearish outlook is very likely to influence my judgment!

[I am Zhang Deshuai]: I don't understand, so I'm asking: will we be able to get in tomorrow?

Group messages were flooding in like a machine gun firing at full power.

Looking at the group messages, Zhang Yang gave a final reminder: "I will take profits and exit the market tomorrow. I wish everyone continued prosperity."

With a monthly subscription price of 90 yuan, he's already a great philanthropist.

Those who believe will sell off their holdings tomorrow, or continue to hold cash and wait and see. Those who don't believe, even if Zhang Yang kneels before them and begs them not to buy, they will still rush in. The moment Zhang Yang sent the message, Liao Guopei's private message arrived.

[Zen City Shadowless Kick]: Really for sale?
[joker]: For real sale.

[Zen City Shadowless Kick]: Not lying?

[joker]: I don't lie.

[Zen City Shadowless Kick]: Then I'm leaving too. Peak Group is indeed too popular and hasn't been properly adjusted.

Without the slightest hesitation, he chose to trust Zhang Yang's judgment.

Although he missed out on more than 30 million because he ran fast, his return on this round was as high as more than 10 million.

What does over ten million mean?
An ordinary person might not earn that much in their entire life.

……

the next day.

Early morning hours.

After a night of development, Jianfeng Group, along with shikimic acid and the H1N1 flu concept, completely dominated the headlines of major financial news outlets.

Almost everyone is watching to see if Jianfeng Group can break out of its yearly trend of being a speculative stock.

Because he had promised Xu Zhiruo to participate in the city treasure hunt event organized by Zhenai.com, Zhang Yang needed to return to Shanghai University of Finance and Economics before 2 PM. He drove to Hangzhou at 6 PM and arrived at Hongyue Building just before 9 PM.

After parking his car, he went straight to the top floor.

"Ding--"

The elevator door opens.

As expected, Zhong Qifeng, dressed in a suit and tie and exuding a refined air, was waiting outside the elevator.

"Mr. Zhang."

Good morning, Manager Zhong.

The two greeted each other.

Then, Zhong Qifeng became somewhat agitated and said as he walked, "Yesterday, Jianfeng Group released its 'Announcement on Abnormal Stock Price Movement,' and both order volume and revenue have surged. Mr. Zhang, do you think it's advisable to continue holding the stock and be bullish?"

"I will clear out my entire inventory today."

"???"

As soon as Zhang Yang finished speaking, Zhong Qifeng froze on the spot, his mind going blank for a moment. Then he jogged to catch up with Zhang Yang and asked, "Isn't stock trading based on expectations? Now that the company's earnings are expected to increase, why sell?"

"Only those that haven't been announced yet are considered to have increased profits. This one has already revealed the answer, so it's practically an open secret. It should continue to rise to the daily limit in the morning session."

Zhang Yang explained.

"That…"

Zhong Qifeng wanted to ask more questions.

Suddenly, Sun Yiheng, a man with a beer belly and a somewhat simple and honest appearance, coughed, clearly having overheard their conversation.

Upon seeing Sun Yiheng, Zhong Qifeng immediately returned to his post.

"President Sun is back?" Zhang Yang was somewhat surprised to see Sun Yiheng appear.

"Yes, I just got back from a business trip to Yunnan Province. I brought back some Pu'er tea with me. Would you like to come to my office for a cup?"

Sun Yiheng extended an invitation.

"I'm afraid I can't today. I have an event to attend later and need to get back to Shanghai. I'm really sorry," Zhang Yang said apologetically, declining Sun Yiheng's offer.

"So rushed?"

"Yes, I did. I promised my friend."

"A friend?" Sun Yiheng's expression shifted slightly as he inquired, "Is it a girl?"

Zhang Yang knew that Sun Yiheng had been trying to find out his background, but he didn't know what Sun Yiheng wanted to know.

As soon as the question "Is it a girl?" was uttered, Zhang Yang vaguely guessed the reason.

The fact that a vice president would treat him as an honored guest and even give up his office, and that Zhang Yang had only ever brought one girl here before, suggests that the other party might be trying to find out about his relationship with Xu Zhiruo.

After carefully analyzing the situation and figuring out why the other party was being so polite to him, Zhang Yang, feigning superiority, said, "Yes, it's the girl who came with me last time. I agreed to participate in an event with her today. Please forgive me, Mr. Sun."

"Some other time, we'll do it another time!"

As expected, upon hearing Zhang Yang's reply, Sun Yiheng immediately stopped saying anything more.

"Okay, then let's do it another day. I'll cash out my profits first."

"Go ahead."

After exchanging a few polite words, Zhang Yang strode towards the trading hall.

Sun Yiheng returned to his office, picked up the landline on his desk, and made an internal call to Zhang Xiaolong.

Not a moment.

The call is connected.

"What's wrong, Mr. Sun?"

"How much profit has Zhang Yang made during this period?"

Sun Yiheng asked a question.

During this period, he was in Yunnan Province, and the business there was handled by another vice president. He knew nothing about Zhang Yang's affairs.

Zhang Xiaolong: "He has already cashed out 170 million yuan in profits, and there are still three to four million yuan in unrealized floating profits."

"no!"

Sun Yiheng sat up abruptly, looking incredulous. "You mean Zhang Yang made five or six million in less than a month by using five times leverage? You're not exaggerating, are you?"

He lost his composure.

He completely lost his composure.

Having been in the off-exchange margin trading business for so long, this is the first time I've seen such an amazing client. It truly opened my eyes.

Previously, clients who sought their margin trading services either made a small profit of several hundred thousand yuan, accepted their losses and left the market, or suffered margin calls and jumped off buildings.

Double your principal?

Very rare!

If Sun Yiheng remembers correctly, Zhang Yang's margin was 138 million yuan. This means that even if he were to be liquidated now, he wouldn't lose money because he had already withdrawn 170 million yuan.

“I’m not bragging. Mr. Zhang is bullish on Jianfeng Group and still holds more than 70 shares. Moreover, he was one of the first to get in.”

"The first to go in?"

"Yes, he was one of the earliest bulls."

As soon as he finished speaking, Sun Yiheng recalled the "Mangcao Suan Jielong" that had been discussed at the drinking party the day before yesterday. He immediately got goosebumps and thought to himself, somewhat bewildered, "Could it be that Zhang Yang and Chancheng Wuyingjiao are accomplices, and that the Jielong master who defeated Xu Xiang is actually here with us?"

(End of this chapter)