freenovelworld Chapter 704 Mass Selling
Chapter 704 Mass Selling
However, the financial market is a delicate system where one small move can affect the entire system. This seemingly insignificant trading action is like throwing a small stone into a calm lake, quietly causing ripples and invisibly touching the extremely sensitive nerve of the market.
However, in this chaotic and busy moment, most investors are either overwhelmed by the plummeting stock prices or immersed in the repeated weighing and judgment of their own trading strategies. They have no time to take care of this fleeting detail, let alone pay any attention to it.
Who would have thought that this calm was just a brief illusion before the storm.
The stock market had seemed calm, but while everyone was immersed in the slowly climbing trend, a dark tide was already surging beneath the surface. Not long after, at the price of 3.02 yuan, as if from the depths of darkness, an invisible hand suddenly and instantly threw out a sell order for 2000 shares.
This move was like a long-awaited blockbuster bomb, carrying huge energy and accurately dropped into the seemingly calm and mirror-like trading lake.
In an instant, the calm was completely broken, and the waves surged high, rolling around in layers.
The trading market, which had been operating in an orderly and methodical manner, was like a precision instrument being violently stirred by a giant hand. The parts were instantly dislocated, and the market fell into chaos, and was instantly stirred into turbulent waves.
The investors' originally relaxed or confident expressions froze in an instant, as if they were suddenly awakened by a thunderclap. They all opened their eyes wide, their eyeballs almost glued to the blackboard. The flashing, jumping and constantly changing numbers on the blackboard were like the indicator lights of their destiny, and every flash tugged at their heartstrings.
Their fingers subconsciously hovered above the paper, trembling slightly, their joints turning white from the exertion, like soldiers about to rush to the battlefield, on the line between life and death, their nerves tense, always on standby, ready to make the most critical and fortune-threatening response at the critical moment according to the ever-changing market, this elusive behemoth.
Soon after, people in the crowd could no longer suppress their inner impulse and began to place orders to buy these stocks.
Some people's eyes flickered with greed as they eagerly entered instructions on the trading terminal, as if they were afraid of missing out on this fleeting opportunity to get rich quick.
Others were muttering to themselves while trembling as they clicked the confirmation button, with beads of sweat oozing from their foreheads.
However, the reality before them was extremely cruel. The sell orders in the market surged like a tide, and the number was so huge that it was beyond the imagination of everyone present.
The sell order data is like a dense swarm of ants, constantly scrolling and refreshing on the trading blackboard, with no end in sight.
Every time a new buy order was issued, it fell on deaf ears and was instantly swallowed up by the endless sell orders.
The speed of selling is like a wild horse running away from its reins, galloping at lightning speed, the sound of its hooves constantly echoing in people's hearts, leaving the rhythm of buying far behind.
When the number of sales continued to rise and exceeded 1200 shares, Sanyuan's originally held psychological price was ultimately unable to withstand the impact of this fierce sell-off and was ruthlessly broken through.
In an instant, the trading hall seemed to be hit by a blockbuster bomb, and exclamations rose one after another, echoing throughout the space.
People opened their eyes wide, their faces filled with shock and anxiety, as if they were witnessing an irreversible disaster unfolding before their eyes.
Some people subconsciously covered their mouths and let out suppressed cries; some stood there in a daze, with the transaction documents in their hands slipping quietly; and some looked around panically, as if looking for answers that could explain all this.
At this moment, a jaw-dropping scene unfolded without warning. The atmosphere in the trading hall was already tense, like a fully drawn bowstring. Everyone held their breath, their eyes fixed on the trading board.
On the blackboard, the price numbers were jumping rapidly like a kaleidoscope. Suddenly, someone, with a determined attitude of going all out, placed a sell order for 5000 shares at the price of 2.99 yuan.
This figure was like a bombshell dropped from the sky, instantly causing a huge storm among the already uneasy investor group.
You should know that the total share capital of Yu Ren Water Boat Company is only 50 shares. These 5000 shares, to be precise, are exactly 1% of the company's total share capital.
In this small-scale stock trading, this is undoubtedly an extremely large number.
Such a massive sell-off is like a towering and heavy mountain, weighing on the hearts of many investors, making it hard for them to breathe and bringing them unbearable psychological pressure.
In an instant, the psychological defenses that many people had long held onto collapsed under the onslaught of sell orders. Those small shareholders who had been hesitant and holding onto a glimmer of hope were now completely panicked.
Some of them opened their eyes wide, their eyes full of anxiety and fear, staring at the blackboard, as if they couldn't believe what was happening before their eyes; some of them fidgeted, kept changing their posture in their seats, and rubbed their hands subconsciously.
In their minds, various thoughts flashed rapidly like the tide, and they weighed them repeatedly. For a moment, the hall was filled with whispers.
"With such a large sell order, the stock price is bound to fall. Should we sell it quickly?"
"Wait a little longer, maybe it's just a feint."
But as time went by, the sell orders remained hanging there, and the panic became more and more intense. People began to seriously consider whether to decisively sell the stocks they held in order to avoid suffering even heavier losses in this volatile and turbulent transaction.
At the same time, the radio station of the Xiangjiang Club quickly adjusted its broadcasting strategy, decisively stopped reporting information on fluctuations in other stocks, and focused all resources on the abnormal fluctuations of the Renshui Boat Company.
He Yuzhu, the key figure behind the operation, sat comfortably in his office, with the radio beside him continuously broadcasting the latest news.
On the radio, the commentator could hardly conceal his excitement, his voice trembling slightly: "Dear listeners, please pay attention! At this moment, the stock price of Yuren Watercraft Company has experienced unprecedented drastic fluctuations.
In just a few minutes, the market saw alternating rises and falls, like a roller coaster ride. This unusual situation has captured the attention of the entire stock market, with trading volume soaring and buyers and sellers engaged in a fierce battle. Every price fluctuation grips investors.
That voice, brimming with emotion, carried across the airwaves to every corner of the city, making everyone who heard it feel their heartbeats race. It felt as if they could personally experience the volatile market, a wave of dread filling their hearts. At that moment, the exchange was in chaos.