Lu Shen was awakened from his deep sleep. He touched the mobile phone on the bedside table, and the bright light of the screen made him squint.
Caller ID: Zhou Huai.
He answered, his voice hoarse:
"What's the matter?"
Zhou Huai's voice came from the other end of the phone, with uncontrollable trembling:
"Mr. Lu, Henglong has sent out another announcement."
Lu Shen's sleepiness disappeared instantly.
He sat up, pressed speakerphone, and opened the financial software on his mobile phone.
Zhou Huai read on the phone:
"Shen Jue increased its holdings by 10 million shares and now holds 40 million shares, accounting for 7.14% of the total share capital.
She also needs to redeem all the pledged shares in advance, which should be completed within five working days."
Lu Shen's hand stopped in mid-air.
On the screen, the announcement was lying Jingjing, and every word was like a knife piercing his eyes.
"After the redemption is completed, all the shares held by Ms. Shen Jue will be in an unpledged state."
He closed his eyes.
Zhou Huai is still saying something on the phone, but he can no longer listen.
There was only one thought in his mind--
It's over.
Completely finished.
There are 360 million shares for Zhao Chen, 56 million shares for Su Wantang and Shen Zhiyi, 15 million shares for executives, 10 million shares for treasury shares, and now 40 million shares for Shen Jue.
481 million shares.
Accounting for 86% of the total share capital.
Bulls will not be merciful.
Even his last glimmer of hope was extinguished.
"Mr. Lu?" Zhou Huai's voice came from the other end of the phone, "Mr. Lu, are you still listening?"
Lu Shen Open your eyes:
"Here."
His voice was so hoarse that it was almost inaudible:
"Is there anything else?"
Zhou Huai was silent for a second:
"No more. Just this one."
Lu Shen said:
"Got it."
He hung up the phone.
The light on the mobile phone screen gradually dims.
The room fell into darkness.
He sat on the bed, motionless.
The city outside the window has fallen asleep.
And he was destined to have no sleep.
Zhou Huai put down the phone and leaned against the bed.
He couldn't sleep either.
Close your eyes and it's those numbers.
481 million shares, 86%.
60 million shares of Short Position position, 10.7%.
How to fight this?
Can't fight.
He wanted to call Lu Shen again, but didn't know what to say.
Comfort? What's the use of comfort at this time?
Suggestions? Any other suggestions that can turn things around?
He thought for a long time and finally just sighed.
This is a sleepless night for two people.
Night owls on Snowball were still scrolling, and suddenly they saw the announcement of Henglong.
User "From 5 to 20":
"Damn it, Henglong sent this announcement in the middle of the night? It's too cruel."
User "Patience Pays Off":
"Increase holdings by 10 million and redeem all pledges. This is going to drive Short Sellers to death."
User "Value Discoverer":
"I want to know right now whether Short Sellers is asleep."
User "Old Leek Root":
"I definitely can't sleep. Could you sleep if it were you?"
User "Valuation Hunter":
"Opening tomorrow, starting at at least 25."
User "Pig Cycle Hunter":
"25? I think it can reach 30."
User "Chase Rises Kill Dips for Life":
"I'm ready. The dish will open tomorrow and we'll wait for the meat."
User "From 5 to 20":
"Brothers, I have a question. How high will the price go?"
User "Patience Pays Off":
"No selling. I want to see Lu Shen liquidated."
User "Value Discoverer":
"+1, not selling."
User "Old Leek Root":
"+10086, not for sale."
December 4th, Monday, 9:30 am.
Henglong stock price opened at 25.88 Hong Kong Dollar.
It opened 45% higher than the closing price of Friday of 17.35 yuan.
Chen Xi stared at the screen, his palms all sweaty:
"Zhao Zong, the stock price is crazy!"
Zhao Chen stood in front of the window without looking back.
26.80.
27.50.
28.50.
29.00.
29.50.
30.00.
At 9:35, the stock price touched 30.00 yuan for the first time.
At this time, the number of selling orders finally increased.
A sell order for 2 million shares appeared and the stock price fell back to 29.80.
Followed by another 1 million shares, 29.60.
But Buying Pressure is stronger.
When those sales orders appeared, they were sold out.
At 9:00 West, the stock price once again stood at 30.00.
30.20.
30.50.
30.80.
Lu Shen, who had not slept all night, stared at the screen, his face pale.
Zhou Huai stood behind him, not daring to express his anger.
On the screen, the stock price of Henglong was running wildly like a wild horse.
30.80.
His 60 million shares of Short Position are bleeding every second.
Calculated at 30 yuan, the loss per share is 12 yuan.
60 million shares is 720 million.
Zhou Huai finally couldn't help it and whispered:
"Mr. Lu, should we..."
Lu Shen There is no looking back:
"Do you want anything?"
Zhou Huai said:
"Do you want to close your position?"
Lu Shen smiled.
That smile was very bitter and astringent:
"Close the position? What should I use to close it?"
He pointed at the screen:
"Now the market is full of Buying Pressure. I close my position just to give them money.
The lower I am, the more the stock price goes up. The more the stock price goes up, the more I lose."
He paused:
"Tell me, how to level it?"
Zhou Huai lowered his head.
He doesn't know.
He doesn't know anything.
He only knew that in this round, Lu Shen lost.
Total loss.
No one is happier than the gamblers who place matching bets. Comments on Snowball and below the announcement of Henglong exploded.
User "From 5 to 20": "It's 30! It's really 30!"
User "Patience Pays Off":
"I bought it on 17 last week and it has doubled now!"
User "Value Discoverer":
"There are more selling orders. Some people are shipping."
User "Old Leek Root":
"Normally, at the position of 30 yuan, some people want to take advantage of it."
User "Valuation Hunter":
"30 yuan, the market value is 16.8 billion. What was the market value of Henglong at this time last year? It was less than 4 billion.
30 yuan is indeed a bit high."
User "Pig Cycle Hunter":
"It doesn't matter whether it's high or not. What's important is that Short Sellers hasn't closed its position yet."
User "From 5 to 20":
"I have never heard that the short side will have the opportunity to close the position at Short Squeeze? In the end, the only way to close the position is by agreement."
User "Patience Pays Off":
"The agreement to liquidate positions has nothing to do with retail investors. We still run away when we have the chance."
Chen Xi was always paying attention to the stock price. At this time, she finally let out a sigh of relief:
"Zhao Zong has stabilized. It fluctuated around 30, with a lot of selling, but Buying Pressure has more."
Zhao Chen finally turned around:
"Lu Shen Is there any movement over there?"
Chen Xi shook his head:
"Looking at the market, even if he closed his position, he didn't lose much. The bulls were too aggressive."
Zhao Chen nodded:
"Killing you while you are sick is a common tactic used by financial predators.
Back then, when Soros was trading Short Selling pounds, Short Selling yen, and Short Selling Thai baht, it was much more vicious than this."
Chen Xi asked:
"Is there any more cruel method than this?"
Zhao Chen said:
"Of course! But you must have my cooperation."
He walked to the window:
"When the market Circulating Supply is very small, Short Selling is the most unwise.
If you encounter a powerful player, as long as you stabilize Major Shareholder and Persons Acting in Concert, you can buy without thinking, push up the stock price, and force your opponent to liquidate their positions."
Chen Xi asked again, "With the current stock price, it stands to reason that Lu Shen is also facing a liquidation. Isn't that not fierce?"
Zhao Chen shook his head. "This time Short Squeeze is all spontaneously driven by the market and driven by favorable conditions.
Shen Jue They don't have much cost to push up the stock price, mainly because they are not strong enough."
Only Zhao Chen is qualified to say this.
After all, any bull who wants to increase the stock price of Henglong to Short Squeeze needs his cooperation.
Otherwise, as long as he makes a move, the bulls will be defeated.
Lu Shen did not go to the company today.
He sat alone in Hotel Room, staring at the screen.
The broker kept calling, and he knew they were asking him to replenish his pledge, so he didn't answer the call.
Zhou Huai called, but he didn't answer the phone.
The bald manager called, but he still didn't answer.
Shen Jue called - he hung up first.
These people all want to suck his blood.
Now, he just wants to be alone.
The phone rang again.
He glanced at the caller ID.
It is the number of Blackstone headquarters.
He had to answer this call.
Even if he knew what it meant.
He took a deep breath and connected.
"Lu Shen," a cold voice came from the other end of the phone, "The headquarters is aware of your matter. Stop what you are doing immediately and wait for investigation."
Lu Shen said nothing.
The phone hangs up.