Chapter 226 Cashing Out Stocks
The final exam was going on as scheduled. After the exam, Li Na and the others returned to the farm. Feng Yu still had some things to do here, especially some stocks in his hand, which should be cashed out.
Not only the Magic Exchange was established in advance, but even the Peng Exchange was established ahead of schedule, but the Peng Exchange has not yet officially opened, and it is estimated that it will not be until the next year.
Since the establishment of the stock exchange, many securities companies and securities business departments have sprung up everywhere, all of which are state-owned enterprises, most of which are affiliated to major state-owned banks. At present, private securities companies are not allowed.
The establishment of the two exchanges and the emergence of a large number of securities companies and securities business departments have greatly stimulated the first generation of stockholders in Huaxia. In addition, the price of treasury bills cannot rise at this time. Those who used to speculate in treasury bills have now invested their money in In the stock market, various stocks are also rising every day.
But after New Year's Day, some retail investors began to sell their stocks because of the end of the dividend distribution. The Chinese New Year is a top priority in China, and there is absolutely no shortage of money.
Just like these people in Taihua Company, they have asked Feng Yu more than once, can the stock be sold?
Feng Yu came to Taihua Company for a meeting today and gave them a chance to choose. The stocks Feng Yu chose for them were all bullish stocks in his previous life, in order to win people's hearts. Those stocks will rise again in May this year, led by vacuum electronics.
If you sell it now, although you can double the profit, it is still too little compared to the profit that will be several times or even ten times more in a few months.
"Everyone, I called you here today to talk about the stocks in your hands. After more than half a year, the stocks in your hands have more than doubled. I think everyone wants to sell the stocks. The plan to exchange for cash. But what I want to say is that the stock will reach the golden period in May of this year, that is, the period of great rise. It is not worthwhile to sell it now. But how to choose. You decide for yourself. "
After Feng Yu finished speaking, Wu Zhigang and the others looked at each other. To sell, or not to sell?
Many people now say that stocks are risky, and if the stock price falls, they will not only not be able to make money, but may even lose money.
It was still Wu Zhigang who was thinking fast, and he asked loudly: "Mr. Feng. Are you selling it?"
"Sell!"
What? Mr. Feng sold it? Didn't Mr. Feng say that the stock can go up three to five times at least, and it's just gone up a little bit, so why is he selling it?
Feng Yu watched them talking, and asked with a smile: "Are you selling it?"
Wu Zhigang gritted his teeth and said, "I listened to President Feng. If President Feng asked me to sell it, I would sell it. If President Feng told me to keep it, I would keep it!"
Others also reacted and expressed their opinions one after another, and they all listened to Mr. Feng.
Feng Yu laughed loudly: "I'll sell part of it. But not all of it, because I need some cash now. Did you find out that the stocks in your hands are all stocks of companies that have been announced in newspapers, have gone public, or are about to go public. Peng After the official opening of the stock exchange, the stock will definitely usher in a big rise, and this time is only a matter of a few months. Therefore, I will definitely not sell the vacuum electronics...waiting for the stock, and I will try my best to sell the rest of the stock. Sell them all. After the year, I will continue to buy vacuum electronics... and other stocks."
"Mr. Feng. We believe in you, so we won't sell it for now. Let us know when you say it can be sold." Wu Zhigang said loudly.
"You believe me,
You can’t be wrong, I make money, and I’m sure you can make money too. The task for the next week is to sell stocks! "
If it weren't for the establishment of the stock exchange, it would not be so easy to sell stocks. It must be handed over to the bank's securities counter first, and let them sell it on behalf of them, and only after selling it can they give you money. But now it's all right, it can be sold directly to the bank, and it can be settled at the current price.
...
At the business window of ICBC Securities, they suddenly saw two people carrying big bags coming over, and with a bang, the big bags were thrown on the counter.
"What do you two want to buy? Stocks, Treasury bills, or something else?"
"No, we're here to sell stocks."
The bank staff rolled their eyes, making such a big bag, who are you scaring, how many stocks can you have in it? Is this going to sell the stock and buy a train ticket to go back to my hometown for the New Year?
"Okay, how much do you sell?"
"These have a total face value of 300,000 yuan. You can figure out what the market price is."
"How much do you sell? Three hundred thousand?"
The exclamation of the staff made those who were waiting to handle other business look over, what they just said, 300,000, who is so rich! 300,000, I can't spend it all in my lifetime.
The staff saw that they were all stocks. She checked the current price and found that the market price was more than double the issue price. Doesn't it mean that the 300,000 shares have become more than 600,000?
"Hello, we don't have so much cash at the counter, why don't you come back tomorrow?" The attitude of the staff changed immediately.
"It's okay, deposit this account for me."
After the two big stock investors left, many people gathered around the securities counter.
"Hey, what stock did he sell just now?"
"Yes, how much did he sell just now?"
"Who is this person, and what does he do at home?"
...
At the same time, the securities trading counters of many banks in Bingcheng received a large amount of stock selling. It was two people carrying large bags and selling a type of stock with the same face value. What they didn't realize was that these sold stocks All the money flowed into the same account.
I thought this was just a coincidence, but the next day, someone came to sell a large number of stocks. Although it was not the same person, they were surprised to find that this account looked familiar?
It was like this every day for five consecutive days. Feng Yu sold a total of about 20 million stocks and cashed out more than 40 million in cash.
However, Taihua Company's frenzied selling of stocks caused panic among many stockholders in Bingcheng. Those who had so many stocks in their hands had to sell their stocks. It must be because the stock price was about to fall!
Driven by herd mentality, many people who originally wanted to keep their stocks in their hands began to go to the bank to sell their stocks.
Of course, there are also some smart people who think that the Peng Stock Exchange is about to open, and the stock will definitely rise. In the past, they couldn't buy stocks if they wanted to buy them, but now they can buy them, and the price has dropped a little, which is their good opportunity.
With Feng Yu doing this, the stock market in Bingcheng has become more active. Millions of stocks are bought and sold every day, and the prices are also changing every day.
And starting from the second Monday, Feng Yu continued to sell stocks. Anyway, except for the stocks of those companies on the list, Feng Yu didn't plan to keep any of them.
The rise of these stocks is far less than that of Feng Yu investing in gold and oil futures to make money. He needs to raise funds quickly, and the war is about to break out! (To be continued.)
ps: Thanks to Tianchang Tushanhao, Unparalleled Evil Lord, I think I'm fine, ggl for the reward, thanks to decadent premonition 5888 for the reward, and thanks to the deity & Feiying, Zhao Xuantian for the monthly votes. Thanks