"Who is following the order?" Chen Xi stared at the screen, his voice a little surprised, "We just finished buying, and someone else followed up."
Zhao Chen took a closer look at the screen.
After the purchase order of "Era Vanguard", there were several large-scale follow-up orders Buying Pressure--
100,000 shares, 150,000 shares, 200,000 shares.
It is not the work of "Era Vanguard", but other organizations.
"The confidence of the bulls is back." Zhao Chen said, with the corner of his mouth slightly raised.
He didn't let Chen Xi stop.
The third order was issued immediately: 500,000 shares, with a price limit of 318 US Dollar or below.
Transaction. Average price 317.20 US Dollar.
After this transaction, the stock price of Tesla exceeded 318 US Dollar.
From the opening to now, in less than twenty minutes, "Era Vanguard" has bought 2 million shares--
500,000 shares were purchased before the market opened, and 1.5 million shares were purchased after the market opened. Including the 2 million shares purchased last night, a total of 4 million shares were purchased in the two days.
Chen Xi made a table to control the position cost:
500,000 shares before market opening × 313 US Dollar = 156.5 million US Dollar,
The first batch of 1 million shares after the opening × 315.50 US Dollar (average price) = 315.5 million US Dollar,
The second batch of 500,000 shares × 317.20 US Dollar = 158.6 million US Dollar. A total of approximately 630.6 million US Dollar.
The total holdings of Common Stock increased from 7 million shares to 9 million shares, and the average price was pushed from 318.20 US Dollar to 317.80 US Dollar.
The total cost is 2.86 billion US Dollar.
The big opening and closing of Era Vanguard gave Short Sellers a blow.
But what really changed the situation was not the 2 million shares themselves, but the chain reaction they triggered.
The moment the stock price exceeded 318 US Dollar, the wait-and-see funds in the market seemed to have pressed the start button.
A buy order for 500,000 shares poured out of another broker's channel.
Immediately afterwards, 200,000 shares, 300,000 shares, 150,000 shares - buying orders came from all directions like a tide.
It's not "Era Vanguard", it's the long institutions that were still waiting and watching last night.
They saw the strength of "Era Vanguard" and understood the signal - "Era Vanguard" did not retreat, and was still at Add Position.
If even the giant who made 8 billion US Dollar on Bitcoin dares to buy at this position, what are they afraid of?
The stock price of Tesla is like a ignited rocket, accelerating its climb from 318.
319 US Dollar.320 US Dollar.322 US Dollar.325 US Dollar.
Chen Xi's fingers were hovering above the keyboard and he looked back at Zhao Chen.
Zhao Chen shook his head. "Stop. I won't buy it."
Chen Xi was stunned for a moment. "Don't buy it?"
Zhao Chen pointed at the rapidly jumping numbers on the screen. "Look, we are not needed anymore."
The buy orders on the screen have completely taken over the market.
One after another, big orders came from all directions, pushing the stock price higher and higher.
The selling order began to shrink, and Short Sellers people panicked - they thought "Era Vanguard" would sell under pressure, but what they waited for was more fierce buying.
At 9:45 p. m., Tesla's stock price hit 328 US Dollar.
CNBC's live broadcast cut to the trading floor of New York Stock Exchange.
The reporter almost shouted during the live connection:
"What did we see? Tesla's stock price skyrocketed by more than 10 US Dollar in half an hour! 'Era Vanguard' lit the fire, and then the whole market burned!"
The guest added in the studio:
"More importantly, everyone was worried yesterday that 'Era Vanguard' would sell off.
Today, they told the market with their actions - I will not sell, but I will still buy.
This signal is more convincing than any research report."
At ten o'clock in the afternoon, the stock price of Tesla was stable around 328 US Dollar.
The number of Trading Volume throughout the day has exceeded three times the usual number. The 2 million shares of "Era Vanguard" are only a small part of it, but the fire it lit has burned away all the illusions of Short Sellers.
The moment the closing bell rang, the final number popped up on the screen: 328.68 US Dollar.
It increased by more than 9 US Dollar from yesterday's closing price, or 2.9%. The amplitude throughout the day exceeded 16 US Dollar.
Zhao Chen leaned back on the chair and took a long breath.
Chen Xi stared at the number on the screen, his voice a little dazed:
"328.68... Almost 11 US Dollar higher than our cost price."
Su Wantang made an calculation beside him. "9 million shares of Common Stock, floating profit per share is 11 US Dollar, which is 99 million US Dollar."
With the addition of 5 million shares of Options, Premium has risen from 31.2 US Dollar to almost 42 US Dollar now. The floating profit per share is 10.8 US Dollar, which is another 54 million US Dollar.
The total floating profit exceeded 150 million US Dollar."
Zhao Chen picked up the tea cup and took a sip of tea with a calm expression.
"Floating profit is not real money." he said,
"But one thing is for sure - from now on, no one will think that 'Era Vanguard' will run away."
He put down his teacup and glanced out the window.
The night view of Shan City spread out outside the glass window. At the intersection of the Yangtze River and Jialing River, the lights were brighter than usual.
"Tonight's battle," he said, "Is over."
Chen Xi stood up from the computer and stretched his stiff neck. "Zhao Zong, what about tomorrow?"
Zhao Chen thought for a while, "Tomorrow, do nothing."
Chen Xi was stunned for a moment. "Do nothing?"
Zhao Chen nodded. "The market will move on its own. We don't need to enter the market every day.
Wait until the stock price pulls back before considering Add Position. For now, let the bulls play their own game."
Su Wantang asked softly from the side, "What about Options? Do you want to continue adding?"
Zhao Chen shook his head. "5 million shares is enough. Options is for hedging, not the main position.
Common Stock is the fundamental. When the stock price stabilizes, we will continue to buy as planned."
He stood up and walked to the window.
"The most important thing tonight is not how many shares we bought."
He did not look back, "We made the market believe in something."
Chen Xi asked, "What's the matter?"
Zhao Chen turned around, looked at her and Su Wantang, and smiled.
"'Era Vanguard' will not be refunded. Moreover, we have the final say."
The office was quiet for a while. Then Chen Xi laughed, and Su Wantang also laughed.
In the next few trading days, the stock price of Tesla was like a wild horse, rushing upwards without looking back.
Thursday, January 18th.
The market continued the bullish sentiment from the previous day and stood at 330 US Dollar at the opening.
There were no big fluctuations throughout the day, Buying Pressure was moderate and sustained, and the closing price was 332.40 US Dollar, up 1.1%.
Zhao Chen does not have Add Position, nor has he reduced his position. He is waiting.
January 19, Friday.
Tesla once hit 338 US Dollar during the session, setting a new high since 2018.
It fell slightly before closing, closing at 335.80 US Dollar.
Over the past week, Tesla has risen by more than 12 US Dollar.
The floating profit of Era Vanguard's position has exceeded 250 million US Dollar.
Zhao Chen had no rest during the two weekend days.
He locked himself in his office and reviewed Tesla's production capacity report, cash flow forecast, and Model 3 delivery data over and over again.
All public information points to the same conclusion - Tesla's Fundamentals is improving, but it is far from being able to soar to the sky.
Monday, January 22nd.
After US Stocks opened, Tesla jumped short and opened higher, breaking through 340 US Dollar within half an hour.
It continued to rise in the afternoon, hitting 345 US Dollar before closing, and finally closed at 344.80 US Dollar, setting a new high in 2018.
Chen Xi looked at the number on the screen and couldn't help but laugh, "Zhao Zong, our floating profit has exceeded 400 million US Dollar."
Zhao Chen is not smiling.
He leaned back in his chair and tapped his fingers on the table.
Su Wantang noticed his expression. "What's wrong? The stock price has gone up, are you unhappy? Is there something wrong?"
Zhao Chen shook his head. "It's very wrong. It's too fast, like it's tempting."