Chapter 1103 - God of Stocks, Hong Dali
Chapter 1103: God of Stocks, Hong Dali
Divine College, Physical Training Faculty Class 18.
“Let me introduce a new classmate to all of you.” Mentor Jynx waved his hand at the person outside the door. “Let’s welcome Krishnata!”
As soon as he finished talking, a unique-looking girl walked in slowly.
The girl looked around eighteen years old. She wore a red metallic armor and looked very strong. Two long horns grew from the side of her head. Her skin was lilac-colored, and her eyes looked like snake eyes. She obviously did not look like an ordinary human.
The students were curious. “This new classmate doesn’t look human! Her name is Krishnata, it ends with ‘ta’. Can she be part of the Dragon race?”
“Probably. Usually, names like that only come from the Dragon race. The Fire Dragons’ names end with ‘ta’. Earth Dragons’ names end with ‘sa’. Ice Dragons’ names end with ‘mu’. Wind Dragons’ names end with ‘ao’. Something like that.”
“That’s right. Dark Dragons’ names always end with ‘zi’. Light Dragons’ names end with ‘row’. Seven-Colored Dragons’ names end with ‘qi’. Since her name is Krishnata, she must be part of the Dragon race!”
As expected, Mentor Jynx smiled and said, “Krishnata comes from the Fire Dragon race. She’s the most talented individual in the entire Fire Dragon race. According to their clan chief, Krishnata has the best chance to become the new Fire Dragon King in the entire race. Let’s welcome her with a round of applause!”
Fire Dragon King. That was not an ordinary character. Everyone instantly welcomed her with the warmest applause.
“Alright, Krishnata.” Jynx prompted her to do a self-introduction. “Please introduce yourself to your new friends.”
“Al… alright.” Krishnata was surprisingly shy. She inhaled deeply and said loudly, “Hi, everyone. My name is Krishnata. I will be the person… ah no, dragon, to become the next Super Godly Dragon.”
I will be the person… ah no, dragon, to become the next Super Godly Dragon!
When the students heard that, they were at first stunned, then they started laughing—
“Hahahaha, she said that she’s a dragon who will become the Super Godly Dragon! Hahaha, that’s so funny!”
“This kid is so interesting. I like it!”
“You know, she’s really quite pretty. She must be the Fire Dragon princess, right?”
“She has a bright future! I wonder if she has a boyfriend?”
“She has moved me with her story. Hahahaha!”
Everyone laughed below. Krishnata was a little lost.
Just then, an earth-shattering roar was suddenly heard. “Damn! Damnnnnnn!”
This roar was like an explosive thunder. Everyone was stunned. When they turned around, they saw Gu Feifei hugging Hong Dali’s laptop and screaming, “Boyuan Inc. is about to file for a temporary suspension and reorganization! What the heck. Dali, dig you get this luck from stepping on dog shit?!”
Boyuan Inc. was about to file for suspension and reorganization?!
When they heard that exciting news, everyone, including Krishnata, was stunned.
Krishnata was not aware of the stock market situation on Shenglong Star. Instead, she was merely surprised by the loudness of Gu Feifei’s voice. Everyone else, however, had different thoughts.
Hong Dali bought 800 million shares of Boyuan Inc.’s stocks! Over a million lots! Now that they were about to file for temporary suspension and reorganization, this bastard could just relax and wait for the stock to hit its limit up price every single day! 5% every day would earn him forty million dollars! Forty million!
“You bastard, you must know some kind of insider information!” Gu Feifei leaped forward and choked Hong Dali. “Speak! What else do you know! Otherwise, I’ll choke you to death!”
Krishnata stared in bewilderment—this woman was way too ferocious? She was even more ferocious than the Dragon race?!
“Cough cough cough, I’m suffocating…” Hong Dali’s face turned red. “I just wanted to squander…”
“Speak.” Gu Feifei fiercely said, “Did you know that this Boyuan Inc. was about to file for temporary suspension and reorganization?!”
“How would I know that?” Hong Dali coughed and asked strangely, “I seriously just wanted to squander. What do temporary suspension and reorganization even mean?”
“I’ll explain.” Mentor Jynx looked at Hong Dali like an ATM machine now. “Temporary suspension and reorganization mean that a company wants all the trading of its stocks to be halted, as the company is undergoing significant changes. Then, it will resume trading once everything else is settled. Usually, there will be compensative growth after the trading is resumed. As for how much the growth will be, it really depends on how much the company has improved after its reorganization.”
He was filled with regret right now—why did he sell the stocks back then? Now he was screwed, there were no more chances…
“What the heck! It’ll reach its limit up price after trading is resumed?!” Hong Dali’s eyes instantly widened out of fear. “Then won’t my stocks…”
Forty million a day. That’s 400 attribute points! Oh god, that deduction will kill me! Even though I squandered a few billion during the Unsealing Convention earlier, I can’t afford to take this deduction! What the heck!
“Feifei!” Hong Dali screamed. “Has trading been suspended right now for Boyuan Inc.? I need to sell my stocks as soon as possible! Sell them all! I need to squander, not earn money!”
What the heck, what kind of logic was that?! You don’t want money-making stocks, just the losing ones? Even though you have a lot of money, you still can’t play like that, right?”
“Not yet. It’ll only be suspended in the afternoon!” Jynx hurriedly yelled. “However, the suspension hasn’t taken effect yet. However, the stock price is no longer at the limit down price…”
Gu Feifei yelled before he could finish. “Dali, you bastard. What are you trying to do? You want to sell a stock with so much potential?!”
No shit. I’ll die if I don’t sell. Can I choose to not sell?
As they heard that Hong Dali was about to sell his shares, everyone in the class sneakily turned on their laptops—f**k! You definitely need to buy as many shares as you possibly can! Only idiots would pass on stocks that were definitely going up in price!
Mentor Jynx was the most decisive one. He directly sold all the other shares he held and stared only at Boyuan Inc—the vinegar was ready, he was only waiting on the crab!
“What’s the limit down price today. Let me see…” Hong Dali checked out the limit down price. Hm, 5.80. Not bad. He decisively made all his shares available for sale on the market at the limit down price. “Let’s do this!”
The entire Boyuan Inc. online forum instantly went into chaos—
“Look at this, the main shareholders are clearing all their shares. I thought they filed for temporary suspension? Perhaps that’s not happening anymore?!”
“Oh shit, I still thought I was going to become rich. This is all a ruse to trap our money! Brothers, hurry and sell your shares! You’ll regret it if you’re too late!”
“800,000 lots! Which major shareholder dares to play like that?! The temporary suspension must be fake news. Hurry up. Stop hesitating!”
Hence, all the small private investors soon followed suit and started selling their shares.
There was nothing they could do about it. After all, what did the 800,000 lots in Hong Dali’s hands mean?
It meant that the slight gains that were made previously were completely wiped out. The price instantly plummeted to the limit down price again because of Hong Dali!
Who would not be worried after seeing 800,000 lots being sold at the limit down price? Hence, all the private investors panicked and followed suit in selling their shares at the limit down price…
“Everyone, let’s go!” In the Divine College, Hong Dali’s classmates were all nouveau riches who had millions of pocket money. Who would not make use of this amazing opportunity?! They hurriedly bought in everything they could.
Jynx sold over ten million dollars worth of shares from all his other stocks and spent it all to buy Boyuan Inc. shares. He would basically be earning money by doing nothing once the reorganization was completed!
Hence, over 300,000 shares of the 800,000 shares Hong Dali sold were bought by his classmates. However, this move had already spooked the private investors. They continuously listed their shares at the limit down price.
Gu Feifei did not act courteously this time—she did not want to owe people favors, but she was not an idiot either. Opportunities like this to earn money were rare. Hence, she took out all the money she had, which was around four million dollars, and spent it all on buying Boyuan Inc. shares!
Instantly, all the students in the class only owned Boyuan Inc. shares. They all owned millions worth of shares and waited for the gains to be realized!
…
On the other side, the Hong Family estate’s Economy Control Building.
Hong Weiguo and the rest stared at the changes in the stock market. Soon, they realized that Boyuan Inc. shares instantly plummeted to the limit down price.
“In order to squander, Dali is letting go of all his shares at the limit down price!” Hong Jianye laughed. “This little rascal, his one move has tanked the share price to the limit down price. This is terrifying!”
“Dali either doesn’t make any moves or make earth-shattering moves. There’s no in-between.” Hong Weiguo smiled and shook his head. “Even I didn’t think of this move. He caused the shares to plummet to the limit down price, so if we buy in all the shares now… hehe, this chaos will result in over a million lots worth 500 million dollars!”
“What are we waiting for then?” Liu Yihui smiled and said, “Let’s do this! This is a huge deal. We didn’t even have the chance to buy in so many shares at once previously.”
“Alright, let’s go!” Hong Weiguo fiercely stubbed the cigarette he was holding. “Let’s play a big hand today!”
And so, the one million lots of Boyuan Inc. shares were rapidly bought up by huge investors.
The process was like giant whales swallowing water. Within a few moments, the one million lots disappeared. Then, the shares sold at above the limit down price were also being swept up!
“Continue, continue all the way until we reach the limit up price! We got 500,000 lots!” Hong Weiguo loosened his tie out of excitement. “Let’s seal this thing at the 6.41 limit up price! F**k, this is really a huge hand today, hahahaha!”
Hence, the one million lots sold at the limit down price were swept up within thirty seconds. Then, the stock price experienced linear growth upwards. All the loose shares sold were swept up as well in the process.
The entire Boyuan Inc. online forum went into chaos again—
“What the heck! The bankers are cleaning shop. Everyone, get in quick! This is definitely a trick played by the bankers! If you’re too late, you’ll miss out!”
“That’s right, that’s right. Hurry and go in. If the limit up price is reached, you won’t be able to get in anymore!”
“Sob, sob, sob, sob, sob. I sold my shares at the limit down price and re-entered near the limit up price. Sold it at 5.80. Bought back in at 6.30. That’s a perfect case of sell low buy high, sob, sob, sob…”
And so, after two minutes, Boyuan Inc.’s share price reached the limit up price. Over 580,000 lots were bought.