"I used to believe in science until I met Mr. Huang!"
"The bones of the six gentlemen of Yibin Paper Industry aren’t even cold yet; the past is a lesson for the future. Never forget to draw lessons from it!"
"Son, don’t blame me for not warning you. Run! If you don’t run now, we’ll sever our father-son relationship!"
"What? You want to wait and see? Hoping for a rebound? Forget it, we’re getting a notarized divorce. If you want to die, that’s your choice, don’t drag me down with you."
Different people read the same comments and perceive entirely different vibes.
Yang Bingzhong thought those who treated stock trading like a joke, believing that following Huang the Oracle’s contrarian approach would lead them to mansions by the sea, were utterly ridiculous.
If getting rich was as simple as following some internet influencer doing the opposite, wouldn’t everyone on Source Star be billionaires?
Is anything ever that easy?
Furthermore, from a probability standpoint, Huang has been wrong so many times, he’s bound to be right at least once.
Ren Zhong felt a chill run down his spine.
By reverse engineering the process, Ren Zhong immediately knew where the problem lay.
Because the market cap of Starship Shipbuilding was so massive, the capital involved in manipulating it was already struggling to maintain balance.
If the situation continued as is, it might only drop another 10% or so max before stabilizing.
But now, the superstar rogue influencer with the surname Huang has suddenly become the last straw that breaks the camel’s back, the first domino to fall, the unsteady nail on the messenger’s horseshoe, the first step in a 21st-century fusion bomb chain reaction!
After numerous all-powerful miracle occurrences, Mr. Huang’s social media account had amassed tens of millions of followers, none of whom were inactive! They’re all living, breathing people!
He gained much greater influence than his actual wealth, akin to a five-year-old child holding the button to a nuclear bomb.
In fact, he only bought two lots; he rather enjoys this poisoned milk meme.
The intent behind his post was probably only partially to verify his identity as a professional stock analyst; mostly, it was just for the meme.
But this meme got out of hand.
He became the chief culprit in shattering the balance.
One person’s euphoric meme play led to the panic of tens of thousands.
Among his followers, at least over 100,000 held at least one lot of Starship Shipbuilding shares!
His followers, already under long-term high pressure, immediately switched to the mindset of better safe than sorry, prioritizing safety first on their martial journey, thinking there’s no harm in getting out early, leading to a concentrated sell-off.
Thus, the panic selling of 100,000 triggered a market shake-up involving millions of investors.
Another group of ordinary investors, unaware of Huang the Oracle’s influence, saw a sudden influx of small and ultra-small sell orders in the market and understood immediately.
This is panic selling!
Driven by herd mentality, more and more small and mid-sized investors followed suit.
Just like during a geological disaster, everyone knows in their rational mind that a stampede will occur if we all rush at once, but when things go wrong, human instinct still drives everyone to scramble for an exit.
The more crowded the exits, the more fiercely people inside rush toward them.
Suddenly, the unstoppable market crash began.
For a moment, the order book for Starship Shipbuilding stocks saw all buyers wiped out, leaving only sellers.
The fleeting appearances of sporadic buyers vanished instantly.
This scene is precisely the taste of dropping to a limit down, intending to ’close the door and beat the dog’ on everyone.
Given this trend, in at most half an hour, the stock would drop at least another 5%.
Seeing this, Ren Zhong immediately contacted Yang Bingzhong, "Mr. Yang, my sell orders have all been executed, you’d better come out too. It’s still time to clear your position. Let’s wait and see later."
Yang Bingzhong was silent for a moment.
Finally, he made a decision, "Alright. I’ll take your advice. Clearing the position!"
Ren Zhong exhaled in relief, "That’s the right move. We’ll watch and wait for now."
Yang Bingzhong acknowledged and began to clear his personal account with a single click.
Interestingly, the market was filled with sellers, but as soon as Yang Bingzhong’s massive billion-level sell orders went through, a large number of buy orders suddenly appeared, allowing him to complete the transaction in less than ten minutes.
The transaction price was actually higher than the previous drop of 15%, recovering 92.89 billion out of the 105.55 billion lot built, losing only 12.66 billion overall.
Ren Zhong congratulated Yang Bingzhong.
Yang Bingzhong wore a satisfied expression.
Many large capitals caught off guard by the retail investors’ revolt hurriedly adjusted strategies, shifting from controlled stable decline to pulling back.
Especially the large capital groups holding positions in Starship Shipbuilding could not tolerate it.