Quick Transmigration: Underdog Turns out to be Untouchable
Chapter 218 Original Sin 27
CHAPTER 218: CHAPTER 218 ORIGINAL SIN 27
The two bosses talked about similar topics every day, like who surprisingly suffered heavy losses in a bull market. Despite having poor judgment, they still dared to play with stocks. And then there were those with sharp insights who made a big profit even during a bear market, or that stock from a small company everyone thought had no future, almost hitting rock bottom, but who knew it turned around quickly as the company expanded, and the stock soared, making buyers go wild with earnings while those who sold regretted it deeply!
Although Yun Shuangshuang often heard about these stock trading stories, she never planned to get involved herself, nor did she take them to heart. However, she did remember a few stocks frequently mentioned by the two bosses, which either skyrocketed or plummeted dramatically.
Initially, Yun Shuangshuang didn’t think about exploiting this to make a fortune, but now, being short of money, she suddenly recalled this. Since she already knew this information, it would be a waste not to take advantage of this foresight, especially now that she was in need of money.
After spending on getting a household register, buying a car, and traveling, Yun Shuangshuang had fifty-seven thousand left, kept two thousand for Feng Jinyan, and took fifty-five thousand directly to F City.
Feng Jinyan had opened the account for Yun Shuangshuang in advance, so she could use it directly. Actually, by now, Yun Shuangshuang didn’t have much useful stock market information left.
Because in the previous life, at this time, Yun Shuangshuang was struggling with her three-wheeled motorcycle business, which kept needing repairs and wasn’t making money, so she was busy trying to change careers and figure out what to do next. In such a situation, she naturally didn’t have the leisure to pay attention to others’ stock market gossip.
However, despite being so busy, Yun Shuangshuang was deeply impressed by a storm that happened in the stock market because it happened right around her.
The cause was a person who also liked trading stocks but was extremely low-key, never liked to talk about it with others. People didn’t even know this person, who never showed interest in stocks, was actually trading them.
People only found out he was trading stocks because his wife suddenly made a big scene, wanting to divorce him. When everyone went to mediate, they discovered that this man had bought stocks in a food company.
This food company wasn’t large but had been around for years, and its stock had been rising steadily. Though it couldn’t compare to those of big companies, it slowly increased, making it a first choice for conservative, long-term investors since, even if it didn’t make money, there was a high chance it wouldn’t lose. This boss’s cautious nature led him to invest in this company’s stock for that very reason.
But suddenly, this company was acquired by another large company, causing its stock to plummet. Out of fear, the man sold his stock at a low price. However, the large company acquired the food company not to swallow it up but to make it a subsidiary.
As a result, the little food company’s stock surged dramatically, multiplying several times over. Those who didn’t sell or failed to sell their stocks reaped huge profits.
But this man, holding such excellent stock, not only didn’t make money but even lost money! So, his wife fought with him fiercely, causing a commotion known by everyone on the street. Yun Shuangshuang remembered this incident well because this stock nearly hit the lowest point but later made a dramatic reversal.
This time, Yun Shuangshuang set her sights on this stock. When she arrived in F City, the stock hadn’t declined much yet. Yun Shuangshuang wasn’t in a hurry since the drop wasn’t far off. She took advantage of this time to scout the construction materials market. Later, when she opened a restaurant, she planned to sell all the materials herself, saving a lot of money.
By the time Yun Shuangshuang had figured out most of the construction materials and things needed for future renovations, the stock she was eyeing finally dropped to the point where stockholders began panicking and selling off frantically.
Yun Shuangshuang waited two days, estimating that the stock had dropped to almost the lowest price she knew of, and spent all fifty-five thousand to buy this stock.
At that moment, Yun Shuangshuang was the fool coming out and buying vast amounts of this company’s stock. The losing stockholders were amazed; while everyone else was fleeing, she was foolishly buying in. Wasn’t this like throwing money into the fire? Some people speculated whether she was buying so much at this time because she knew insider information or if it was the bottom before a rebound. Otherwise, why buy so much when it had fallen so drastically?
Yun Shuangshuang bought the stock almost at the lowest price, maximizing the use of her fifty-five thousand!
It didn’t take long after Yun Shuangshuang bought the stock for it to start rising slowly, despite having constantly hit lower limits to pessimistic views.
At first, the rise wasn’t rapid, but soon, the stock began to soar, leading to successive limit-ups! At this point, those who had sold regretted it tremendously and people began frantically buying the stock again.
Yun Shuangshuang sat firmly in her advantageous position, watching as her fifty-five thousand multiplied over time, seeming to increase tenfold in the blink of an eye to become five hundred fifty thousand!
Because the rise was so swift, some stockholders sold off in panic, yet others were optimistic and kept buying, so the stock continued its upward climb at limit-up speed!
Unaffected, Yun Shuangshuang watched the stockholders with anxiety, joy, and irritability. She couldn’t understand their feelings because she was perfectly clear-headed. She was here to make money with her advantage, and once she had enough, she would leave!
She had self-awareness that she lacked talent for this addictive gambling-like stock trading business and wouldn’t return once it was over.
When the stock multiplied eighteen times, with prices still rising, Yun Shuangshuang decisively began selling. She remembered the man’s wife mentioning during their argument that this stock had gone up to twenty times but later dropped again.
Stocks are like this, such drastic rises and falls are normal. It’s very easy to get rich quickly or to go bankrupt. The key to getting rich or going bankrupt lies in the timing of selling stocks! That’s why they say the stock market is risky, and one should enter with caution.
A company’s stock can’t always experience such dramatic changes, and when it does, if stockholders don’t manage it well, they can easily let the lure of huge profits blind them, causing initially profitable stocks to plummet again in the blink of an eye.
Yun Shuangshuang didn’t want to test if this stock would reach twenty times its value, as eighteen times, turning fifty-five thousand into nine hundred ninety thousand, was already sufficient. She hurried back to her main business, choosing to sell all her stocks straightforwardly.
At the Quanwei Company Headquarters, an elegant and handsome man full of casually chic vibes raised an eyebrow at his computer, rubbed his chin, and grinned somewhat roguishly at another equally handsome man beside him, who was handling documents with a powerful aura, saying, "Old Wan, a big fish looking to make money has slipped by in your newly acquired company’s stock market!"