CHAPTER 324: CHAPTER 172: MAKING MONEY LIKE DRINKING WATER_3

He could still trick some adventurous bottom-fishers, using the orders placed ahead to get a slightly better price. But that would ruin the chart pattern, like deliberately smashing an already cracked pot. Clearly, that wasn’t the current situation.

Han Lie proactively crashed the price. Seeing it trigger a massive wave of panic selling with almost no buy support above 11.40 yuan, he smiled with satisfaction.

The market in 2013 was truly naive...

To Han Lie, it was almost transparent. This feeling was exhilarating; everything that was about to happen unfolded just as Han Lie had predicted.

"Da Juan, Shitou, scatter orders for 100 to 500 lots, starting from 11.30 yuan all the way down to 10.90 yuan! Quick, quick, quick!"

Han Lie was also placing orders, but his were much lower and for larger quantities, serving as a safety net. Lao Xu definitely wouldn’t let the stock price hit its limit down. At most, it would dip to test the 10-day moving average, which was around 10.82 yuan.

Sure enough, the subsequent price movement perfectly validated Han Lie’s judgment. The stock price bottomed out at 10.87 yuan; it simply couldn’t be pushed down any further. After a stalemate, small buy orders gradually began to nibble upwards.

Han Lie still didn’t make a move. He checked his total holdings: just over 6 million shares, an average price of 11.05 yuan, using less than 50% of his position capacity. Actually, he could increase his position in this stock to 70% capacity. It was clearly a market leader, one of the top three hottest stocks across both exchanges, and there was definitely significant upward potential remaining. But Han Lie looked at the current trading volume—410 million yuan—did a quick mental calculation, and felt it clearly wasn’t enough.

So, there will be another wave?

Wait!

「Around 1:00 p.m., Wei Hua made its third attempt to break the 12.00 yuan barrier. This time, the peak was even lower; it only reached 11.90 yuan before being blocked by large sell orders.」

Ultimately, it had no choice but to dive again. And this time it plunged deeper. Because Han Lie had placed his buy orders below 10.80 yuan, the 10.80 yuan price point was instantly breached, and the price plummeted towards 10.70 yuan.

Good heavens, the retail investors eager to offload their shares exploded in activity. Within a minute, nearly 33 million yuan worth of shares were traded, and the price was still being hammered down. But at 10.60 yuan, no one could push it down further. At the 10.60, 10.61, and 10.62 yuan price levels, buy orders for roughly 30,000 lots were stacked up at each.

As the active selling dwindled and the price fluctuations narrowed, the sharks in the market slowly began to stir. Han Lie could sense that atmosphere as clear as day, even through the trading screen. Xia Hongjuan’s and Zheng Lei’s positions were approaching 70% capacity. Han Lie didn’t call out to them; instead, controlling Lao Pan’s account, he proactively started buying up shares. He had only tentatively bought at three price points when, WHOOSH, several large orders of a thousand lots each burst forth, instantly pulling the stock price back above 11.00 yuan.

Alright, no more holding back. I’ll grab as much as I can!

「At 2:23 p.m., Wei Hua hit its daily upper limit, sealed with a total trading volume of 636 million yuan for the day.」

Out of Han Lie’s 130 million yuan, 102.5 million had been invested. His current total assets amounted to 145.8 million yuan. Factoring in the profits from his initial 30 million yuan in holdings, he had raked in a stunning 15.8 million yuan.

Oh, right, his small proprietary trading account, which had sold at 11.96 yuan and bought back at 10.90 yuan, showed an overall profit of 15.58%—an even more astounding rate of return.

Xia Hongjuan and Zheng Lei, those two rookies, watched dumbfounded, utterly amazed.

"This fucking works?!"

"Sigh, what kind of damn garbage was I trading before..."

That’s just how it is for retail investors. With their typical mindset, they buy and sell without understanding; making money is luck, losing money is a ’skill.’

Han Lie patted them both on the shoulder and said with a smile, "Go back and think it over carefully. Let’s call it a day!"

The two left their laptops in the room and returned to school in a daze. Han Lie, of course, went about his business as usual, maintaining his normal, relaxed lifestyle.

「The next day, he woke up to easily claim his fifth weekly championship title.」

The broader market continued its bearish decline, but Wei Hua was pushed by a new injection of funds to a ’one-word’ limit up.

「On Wednesday, Wei Hua opened two points lower and fluctuated within a narrow range all day, ultimately closing with a doji star.」

「On Thursday, it traded sideways in the morning and then rallied in the afternoon.」

Since the trading volume still hadn’t broken through key levels, Han Lie decisively exited his position. Wei Hua likely still had room to rise, but Han Lie had already made enough. Trying to squeeze out every last bit of profit is a very amateurish mindset. It’s okay to be greedy, but not excessively so. Otherwise, one is merely challenging their own human nature.

After four days, Xia Hongjuan and Zheng Lei admired Han Lie to the point of utter prostration. If he told them to call him ’Dad,’ they would have.

It would be great if Xi Luting and Pan Ge were this obedient...

Too bad I haven’t had time to manage them lately. This was his first time operating with funds in the hundreds of millions, and Han Lie was actually under considerable pressure.

「Time flew by, and soon it was the weekend.」

Brother Lie proactively invited Panzi and Dou, impressively booking a table at the Mansion Hotpot restaurant.

It’s time to get the private equity fund started.