Scalping

He figured out the other party's identity with ease.

For some reason, Lin Qiye realized he was very powerful. Even without breaking the law, he could use big data to understand anyone.

That feeling of knowing everything online almost made him get carried away.

He quickly shoved the thought out of his mind and replied, "No need to track the data."

Now the situation was clear. "A Scholar on Daming Lake" was probably a university administrator with a position even higher than Professor Wang's.

He had not graduated yet, so of course it was best not to offend him.

He took the initiative to send the other party a message.

"Hello, may I ask what stock you want analyzed?"

After a little while.

"Bainong Shares. I've held it for more than a year. I bought it at over nine yuan. At its lowest, it fell to three, and now it's risen to five. I want to ask what I should do with it."

"Wait a moment. I'll take a look."

Lin Qiye directly copied the other party's question and sent it to the Intelligent AI.

A moment later, the answer appeared.

[Bainong Shares, an agrochemical pesticide stock, benefits from glyphosate pesticides replacing paraquat after the ban on paraquat.]

[In the early stage, it raised large amounts of funds to build glyphosate production bases and was enthusiastically pursued by the market.]

[Later, because demand for glyphosate did not improve, the stock price kept falling.]

[It was not until these past few months, when glyphosate prices and demand recovered, that the stock price rose accordingly.]

[Investment recommendation: Because paraquat is highly toxic to the human body, it has been banned worldwide. Its enormous market space will be replaced by glyphosate. In addition, glyphosate is also a specific pesticide for genetically modified crops. Genetically modified crops with glyphosate-resistant genes, such as soybeans and corn, have huge demand for it. Long-term holding is recommended.]

Lin Qiye sent this information to "A Scholar on Daming Lake."

The other party sent several animated thumbs-up emojis.

"Little Lin, you really are impressive. After hearing you explain it like this, everything suddenly became clear to me."

"Another day, Old Wang and I will treat you to a meal and ask you more questions about stock trading."

"You're too kind. I'm only analyzing based on public information."

After exchanging pleasantries for a while, the two ended the conversation.

But Lin Qiye became interested in Bainong Shares.

"It's only five yuan at the current price. Why not buy it as the next stock?"

[The administrator needs stocks that can make large short-term gains. This type of long-term investment is unsuitable.]

[This type of agrochemical stock is expected to have a ten-year boom cycle. In other words, it may rise for ten years, but the overall increase will only be between tenfold and twentyfold.]

Twentyfold in ten years!

It sounded like a very high rate of return.

But compared with Lin Qiye's current track record, it was far behind.

To him, time was money. How could he have the patience to wait ten years?

"Forget it. Continue looking for short-term trading targets."

[Understood.]

"By the way, how is your growth progress right now?"

[At present, most Computing Power is being used to study financial knowledge. I have already mastered fund management knowledge, am learning and building automated trading models, am compiling ETF arbitrage decisions, and am researching a new generation of online financial interaction platforms.]

The Intelligent AI's learning speed was truly too fast.

Lin Qiye estimated that his speed of making money would be completely unable to keep up with future expenses.

"Create an asset analysis software and see what my current asset situation is."

[No need to create one. That could lead to the administrator's information being leaked. I am your best asset manager.]

[The administrator's current asset situation is as follows:]

[Mother's account: total assets 550,000, cost: 200,000, dividends due to you: 175,000.]

[Investment company: total assets: 2.35 million, dividend rights due to you: 105,000.]

[Phoenix Dance Nine Heavens Internet Cafe: total assets: 1.1 million, net assets 650,000.]

[The administrator has total property rights of 930,000 (no debt).]

He had not even made one million yet. There was still a long road ahead.

He continued typing:

"Other than looking for news-driven stocks, are there any other ways to make short-term profits?"

[Yes. Scalping, a pure game of passing funds along.]

"Explain it more clearly."

[It had absolutely nothing to do with the stock's fundamentals. Sometimes, all it took was a single piece of news to stir things up, and then every bit of capital in the market would pile into that one stock, pushing the share price to unimaginable heights through constant buy orders.]

[This kind of speculative hype had no certainty whatsoever and could collapse at any moment. Among ordinary investors, it was called the hat-snatching game, or else pass-the-parcel. Once it reached the final person willing to take over, with no one else coming in afterward, the game naturally ended. Retail investors and hot money that failed to run would be trapped high up and find it very hard to get out.]

Exciting. Lin Qiye wanted to give it a try.

The Lin Qiye of now was no longer who he used to be.

Making money had become too easy, so his courage naturally grew. And with Intelligent AI assisting him, even if he failed, he could still make a comeback.

Immediately, he gave an order.

"Find targets of this type and design an operating process."

[Command accepted.]

[Target stock selected: Delin Spruse.]

[Capital flow analysis model being created. Based on historical data verification, success rate: 70%.]

[This stock belongs to the home textiles industry. It has its own factory and a chain retail brand, but due to fierce competition in the home textiles industry, its growth prospects are worrying.]

[The incident began because an economic and trade special zone was established along the coast, merging the original three regions into one. Delin Spruse's headquarters are located in this region, and it also has a large factory and three directly operated chain stores there.]

"I get it. An economic and trade special zone means local housing prices will soar. Delin Spruse's land and property need to be revalued."

[The matter is not that simple. Delin Spruse follows an asset-light development model. Its factories and stores are all rented, and even its headquarters are leased office space in the area.]

"Damn it, another trap to lure retail investors in."

Complaints were complaints, but money still had to be made. Lin Qiye opened his trading software and tried analyzing it in his own way.

The result was obvious. This company had absolutely no investment value.

But it had hit the daily limit anyway, and capital was chasing it enthusiastically.

Lin Qiye took out his phone.

"What? Another good stock? Not a good stock? Wait, I'll come right over. I can't understand what you're saying over the phone."

Li Xiongye, who had been lying on the sofa at home, sprang upright.

During this period, because he had been making steady profits in the stock market, his wife had begun to look at him differently, and he had finally regained some status at home.

His wife, dressed to the nines, blocked the doorway and watched him like a tiger eyeing its prey. "Where are you going now? I made ginseng chicken soup for you. Don't go out tonight."

At the mention of ginseng chicken soup, Li Xiongye's legs went weak. His old body, already in his forties, could no longer endure that kind of blessing.

He hurriedly tried to placate her. "It really is urgent. Xiao Lin called and said there's another good stock."

His wife's expression improved, and she said softly, "Tell me secretly later. That group of my girlfriends also trade stocks."

Li Xiongye hurriedly refused. "No way. Company rules. During buy-in operations, no confidential information can be disclosed."

His wife was not angry. Instead, she stepped aside. "All right then. Go early and come back early. I'll keep the ginseng chicken soup warm for you."

"Yeah!"

As if granted a great pardon, Li Xiongye rushed out of the house.

From the look of it, he really did care about this investment company.