If the stock still experiences significant fluctuations, surpassing 50%-100%, the Securities and Exchange Commission will quickly intervene for an investigation and temporarily suspend trading.
Once they confirm there’s no mysterious force other than the market influencing and maliciously manipulating stock prices, they will resume normal trading.
That stockbroker claimed they could triple the price within half a day, indeed it’s achievable, which means the private equity funds must have the people at the Securities and Exchange Commission in their pocket. While halting trading, it will also attract countless retail investors to enter the market until the stock price is pumped to a high.
If one could know at what price to enter and at what price to exit precisely, then even a pig could make money from the stock market!
Just a flick of the finger, and millions of US Dollars are in hand, operations are that simple.
But ordinary people can’t get precise information; they can only follow the herd to enter at the peak and then watch helplessly as the market crashes, either cutting losses or getting trapped.
Even worse is when there’s no one to take over when you cut your losses because everyone is frantically exiting, no one is entering, your stocks simply can’t be sold, and you’re trapped in despair at rock bottom.
"If it really is as he says, this is a great money-making opportunity!" Zorro was already tempted.
He took out his phone and made some trades, preparing to enter with 200 US Dollars at the market close at 4 pm, or during the after-hours, looking to ride the rocket and feast tomorrow.
But this small amount of money won’t bring much profit; he could only watch the General Sect Leader eagerly, "Boss, can you lend me some money?"
"No," Allen Zhang replied without changing his expression, "You still owe me for medical expenses, how can you have the nerve to ask me for a loan?"
"Then I have no choice but to turn to the local loan sharks for a loan," Zorro’s eyes turned.
"How much can you borrow?" Allen Zhang inquired.
"Just usurious loans, at most only 200,000. Anyway, I’m not planning on paying it back."
Zorro said, "When the time comes, I’ll just run off to another place and drag it out for a couple of years until they go bankrupt!"
"You should repay the money you borrow from others. If they don’t go bankrupt, your end will definitely not be good. Sooner or later, you’ll have to pay back what you owe!" Allen Zhang warned.
"I was just joking. If I really make money, I will definitely repay them. The interest for half a day isn’t much; I could just mortgage my Chevrolet to them as interest," Zorro immediately affirmed his seriousness, definitely not the type to default on debts.
Allen Zhang sent a message to Blitz, informing him about the stock matter, asking him to investigate.
Blitz: There’s news ? Then what he said must be true. Recently, indeed there were a few fundraising funds that made contact with Tingke Mobile, and treated people from the Securities and Exchange Commission to a meal. No one knows what exactly was discussed. Looking at it now, it seems they want to earn money by manipulating stocks. This stock is buyable!
Allen Zhang: There are several million US Dollars in the Hanberger Foundation, convert Virtual Coin into cash, deposit into different bank accounts. I now have a total of 5 million US Dollars available. Can I use multiple accounts to buy this stock in different regions?
Blitz: Yes, I still have some botnets at hand. Located in Italy, Middle East, Mexico, Cuba, Finland, Philippines, Vietnam... We can use a hundred accounts to buy this stock, entering at about 12.6-12.8, operate before close or during after-hours. With this amount of funds, it definitely won’t attract market attention.
Allen Zhang: Inform Dominic and Sieg about this, let them buy some, so everyone can make money.