If you want to crash a stock market, you ultimately rely on smashing the market, which means selling desperately and then using bad news to amplify people's fears!
There was a lot of bad news in the late Qing Dynasty. The imperial court had no idea of the specific local sentiments outside, and the backward bureaucracy suppressed all news that was unfavorable to officials.
They can hide it for a day and fool them for a while!
This kind of delay and irresponsibility will make the bad news get bigger and bigger, while the people in the capital are still dreaming!
The funds of all the princes and direct relatives of the Eight Banners organized by Yang Zhi began to withdraw from the market. Yang Zhi originally thought very pessimistically. He knew that it would be impossible for such a large amount of funds to withdraw from the high point!
For example, Prince Zheng's stocks with a market value of more than 4 million yuan, how did you calculate this more than 4 million yuan? It was calculated based on the market value of his stock price of 7,000 points!
This large investor is different from retail investors. They all have hundreds of thousands or millions of shares. It is impossible for one or two orders to be completed. He can only sell them slowly as the market price fluctuates.
Sell one million assets at seven thousand points, sell another one million at six thousand points, and sell the remaining five thousand or even three or four thousand! In fact, if you can finally get more than three million in cash with a market value of four million, it will be a great deal!
But he still made money with more than three million yuan. Don’t forget that the price was too cheap when they entered the market!
But I never expected that Emperor Tongzhi was a money-spending boy. On March 11, he raised 8 million in cash to support the market. This was not just 8 million!
This is a shot in the arm from the Emperor to all investors! The enthusiasm of retail investors was immediately ignited. The retail investors who entered the market to buy the bottom on this day had more than 13 million silver at least!
Yang Zhi and the others all laughed like crazy. They really didn't expect that it would be so easy to ship goods. They were all shipped at high prices, and the prices they sold were all above 7,000 points!
On the market controlled by Yang Zhi, more than 9 million taels of silver were sold in one day on March 11th. The white money flowed like sea water, and bank accounts began to transfer funds desperately!
When you encounter such a low-level opponent, why don't you take advantage of him!
On March 12, the market encountered another strong sell-off. This time, Yang Zhi and the others were merciless. The fewer stocks they held, the less scruples they had!
The more cash they have, the bolder they will be!
"Show no mercy! Smash it down! Sell as much as you can... Don't worry about the price of our stocks from now on. Smash them all to death and seal off all confidence in the market!"
The price plummeted at the opening. The investors who were confident enough to enter the market yesterday were all dumbfounded. The index fell below 7,000 points at the opening, and the index rushed towards 6,500 like an avalanche!
"What happened...why did it collapse again? What went wrong, what went wrong..."
No one was talking nonsense to them today. A lot of left-handed and right-handed trading orders suddenly appeared in the big dog room, deliberately lowering the stock price one after another!
Aren’t you retail investors scared out of your wits? Don’t you have no deal? Aren’t you afraid to take action?
Do you dare to buy a dog in a big house? The current price is 22 yuan? Haha... Mr. Qin wrote an order for 18 yuan and put it up. Liu Peiqi turned around and took out the stock and traded it at the price of 18 yuan. If they lose money on this transaction, they are happy but they don't care!
But your transaction of 10,000 shares, the market price has plummeted. It was only 22 yuan just now, but now it is 18 yuan in the blink of an eye?
Retail investors, don't worry, 18 yuan is not the bottom. Turning around, the account commanded by Liu Peiqi placed an order to buy 20,000 shares for 16 yuan!
Mr. Qin, whose conscience was offended, turned around and gave him 20,000 shares, and the deal was done at 16 yuan. The stock price dropped again!
Just like this back and forth trading, back and forth smashing the market, the market crashed as fast as lightning!
It's not that there aren't bold people who want to buy the bottom. Many people in the capital have a strong gambling habit. When they see that the price is too low, they turn around and start buying the bottom like crazy.
What they have been waiting for is at this juncture. When Yang Zhi and others saw that there were suddenly a lot of bargain-hunting orders from retail investors at 16 yuan, what are you waiting for? We will sell them to you as much as you want!
The stocks were sold out, the cash was withdrawn, and many large remittances suddenly appeared in the accounts of major British and Chinese banks!
"Punctured again? Damn... who said just now that 16 yuan is an iron bottom? It's almost 14 yuan now. Grandpa, I'm trapped!"
"Don't... don't be afraid... this is a technical adjustment... 14 yuan is the golden bottom. If you don't buy the bottom, you are a fool!"
Not long after I copied the gold, I heard the crowd exclaim. The gold cracked and was smashed through again. Do you want 12 yuan?
"I...I...I don't fucking believe it!" The desperate gambler's eyes were bloodshot, big beads of sweat rolled down, and the muscles on his face were already stiff!
"12 is fast... This is the bottom of hell... There will never be a lower price than him! I don't believe there is no rebound... I am betting on your rebound!"
"No...Brother, please calm down...6,000 points have been smashed through. You can't gamble anymore!" Everyone around me tried to persuade him. An hour after the market opened in the morning, the clearing index fell directly to 5,976 points.
No matter how crazy the gambler is, he will be scared to death, but there are still a few madmen who are eager to gamble and spend all their wealth on it!
"Don't try to persuade me... You can gain wealth by taking risks! There is no stock market that can only fall but not rise! I'll buy 3,000 shares... Even if I sell my house, I have to buy at the bottom!"
It's hard to persuade a damned ghost with good words. After a person falls into madness, he has no sense at all! He didn't know that although hell was low enough, there were still eighteen levels!
Do you know what level of hell this stock price is? Haha, we are still far away from the eighteenth floor!
"Nine-eight yuan... Qingyang Ocean fell from 22 yuan to nine-eight yuan? Ancestor... what happened? Why did the court go, why did it go..."
The big dog's room was already filled with red eyes. Under Yang Zhi's remote control command, Liu Peiqi, Mr. Qin and others were killed inhumanely!
"The imperial court? Haha... As long as we make money, the imperial court is nothing! Kill people if you stand in the way of others, and kill #Buddha if you stand in the way of Buddha!"
"Give me the news... smash them to death. If a thousand people in the capital don't commit suicide tonight, our work will be in vain!"
As the market closed in the morning, suddenly a shocking news spread widely in the market, and people went crazy!
"It's bad! The news released in Dongjiaominxiang...the foreign devils' funds were withdrawn three or four days in advance!"
"Oh my God! My brother-in-law said this himself. He delivers fresh meat to the embassies of various countries in Dongjiaomin Lane! He knows many foreigners in the embassy!"
"The foreign master heard that my brother-in-law also speculated in stocks, and he was so frightened that he quickly told him secretly! My brother-in-law is a kind and righteous man in business, and he always provides the freshest and best meat. The foreign master likes him very much!"
"The British ran away, the Americans ran away, France, Germany... they all ran away! Foreigners analyzed that the disaster in the Qing Dynasty was far from stopping, and the follow-up would be very dangerous, so they withdrew their capital and left!"
Ah! With a scream, the gambler whose name was clamoring for iron bottom, gold bottom, and hell bottom, his vision went black and he fainted!