However, just as Mr. Wei saw that the other party had been inactive and thought they had finally given up, the stock price suddenly began to slowly drop again.
In just a few minutes, it dropped directly from 8% to 7%.
"What's happening?" Mr. Wei frowned and asked.
The technical staff quickly made a few calls and promptly responded.
"Mr. Wei, someone is short selling this stock through margin selling and options, it must be the work of the other party!"
Mr. Wei looked stupefied.
Damn it, not only did they sell off their holdings, but they also went short in reverse; how confident must you be in yourself?
However, before Mr. Wei could react, the stock price slowly climbed back up to 8%.
It was obvious that their quantitative strategy was continuously buying in.
"How much capital have we utilized so far?"
"About 30%," the trader immediately replied.
With plenty of ammunition, Mr. Wei felt relieved at once and let out a cold laugh.
"Hah! Well, well, you won't shed a tear until you see the coffin, huh? Take it, we'll buy however much they sell, and push the stock price up to the limit!
I'd like to see how much capital they have left to fight against us!"
In the face of "absolute power," the stock price on the market surged like it had been launched by a rocket, rushing straight towards that 10% limit up!
Watching the continuously rising stock price, Mr. Wei finally showed a satisfied smile.
This spike to the limit will make the other party lose at least 2%, you think this is over?
As soon as the market opens tomorrow, he can directly push for another limit up, maybe even consecutive limit ups!
You have to know that margin selling and options are leveraged, and a loss of more than ten points for the other party could potentially wipe out half of their capital.
No matter how bold the gambler, at this point, would likely be pale with fright, cutting losses and running away.
And the biggest winner, without a doubt, is those who devoured the opponent's shares...
This round, at least a few billion in revenue, exhilarating!
"Heh heh! Today they were smart enough to know not to mess with the big boys, they didn't even use their quantitative models to contend with us.
Mr. Wei, your skills are unmatched, neutralizing this troublesome opponent with just a few moves, leaving them in shambles, defeated."
The subordinate, seeing Mr. Wei in a good mood, quickly complimented him, making the smile on Mr. Wei's chubby face even wider.
Seeing that the time was nearing 3 PM and the stock market was about to close.
Before Mr. Wei could decide whether to celebrate tonight with champagne or Maotai, he casually glanced at the screen...
"Swish!"
A straight green column suddenly appeared unannounced on the retina...
Mr. Wei's smile froze instantly.
His eyes widened, nearly popping out of their sockets.
Then, with an incredulous expression, he vigorously rubbed his eyes, continuing in shock.
His whole body was frozen, mouth agape, like a statue.
The others also noticed Mr. Wei's odd behavior, curiously looked at the screen, and then...
A crowd of similar statues appeared on the scene.
"What's going on? How is it possible to hit the limit down so suddenly?"
A reacting Mr. Wei grabbed a subordinate's collar, shaking them frantically.
A flash crash! This is the first time I've seen something like this in my life!
But this is history I don't want to witness!
One of the traders, frantically checking the back-end data, suddenly broke out in a cold sweat.
"Mr... Mr. Wei! It's... it's our quantitative model, our quantitative model is crazily selling."
"What?!"
Thinking it was the opponent making a massive dump, Mr. Wei hears this and turns to stone once more.
I thought it was the opponent being ruthless, but it turns out the culprit was myself?
"What's going on? Has our model gone mad?" Mr. Wei roared.
"No... no, it's someone using huge orders to continuously mislead our model, making it believe there was a stock price crash, thus leading to the frenzied selling.
Because the speed of placing and canceling orders was too fast, it instantly pushed the stock price to the limit down.
The opponent... the opponent seems to have found a flaw in our model!"
"What?!"
Mr. Wei was completely stunned, there are operations like this?!
Life is just such highs and lows.
When you think you're at the EVP, they quietly switch it back to EVE, letting you experience what despair truly means...
Admittedly, my capital holds an absolute advantage.
However, the opponent told you on another technical level what absolute power truly means...
"Then why don't you quickly shut down the model, switch to manual operations! Pull the stock price back up for me!"
No time for shock, Mr. Wei roared, trying to salvage the situation.
Calm down, calm down, as long as my capital still holds an absolute advantage, the limit down is only temporary...
By then, the stock price will have to come back just as it went down.
However...
"It's too late, they already closed all their short positions while we were mistaken, and we've already generated massive trades near the limit down..."
The trader, with a mournful face, spoke the next words, causing him to collapse into the chair, as if plunged into an ice cave.
It's over...
It's all over...
"Click!"
And at this moment, the second hand on the wall clock clicked, pointing to three o'clock sharp...
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