Chapter 449 - 174: The Expert Dies Trying to Catch a Falling Knife_4

Not only did it erase the gains made when Yang Bingzhong entered the market earlier, it even dropped a bit more!

Mr. Yang was nervous.

"Ren Zhong, what’s going on?"

Ren Zhong simply replied, "Mr. Yang, no need to panic. It’s just a technical adjustment. Before every sustained rise, there are usually several rounds of fluctuations. The funds you just injected have already alerted the stockholders. They’re trying to scare you off. I didn’t expect these unscrupulous stockholders would make such a heavy move over just 10 billion. But it’s alright, the more critical the moment, the more we must hold steady!"

"I see."

Understanding was one thing, but the sudden sharp decline did trigger new panic, and many retail investors started to crumble.

From last night until now, quite a bit had already been lost, and the retail investors were severely tormented.

This sudden sharp decline again, who could withstand it?

Consequently, the retail investors began to sell off in droves.

Sky Shipbuilding began a phase of continuous declining, with each refresh dropping a bit further.

Unknowingly, compared to the stock price when Ren Zhong and Yang Bingzhong built their position in the morning, it had dropped another 10%!

The total decline had already reached 15%.

Yang Bingzhong’s leverage was five times!

His margin call line was close to 20%!

A panicked Yang Bingzhong contacted Ren Zhong again, "What do we do now? I’m close to the margin call line!"

Ren Zhong on the other side finally lost his calmness.

Ren Gushen was also gritting his teeth and said, "It’s abnormal, this decline is abnormal. There must be significant funds I don’t know about entering. Who? Who could be so malicious!"

"So what do we do now? What will the trend be?"

Ren Zhong took a deep breath, "Even though I know this is the last darkness before dawn, personally, I feel the stockholders’ ferocity is beyond my imagination. Should we exit first?"

Yang Bingzhong was stunned, "This... this..."

"Mr. Yang, don’t be impulsive! Besides, even if we exit now, it’s just a loss of roughly 1.5 billion. You still have 600 million in capital; where there’s life, there’s hope. Let’s exit first."

"No! Tell me! How much will it drop before it bottoms out! I still have some money; I can average down! I know the curve’s trend. For such a slow decline, if it’s a long-term upward trend, then the subsequent rise will definitely be terrifying! If I get off now, there won’t be any chance to get back on later!"

Ren Zhong thought he was only losing 1.5 billion.

But on the Private Equity Fund side, he would lose 6 billion!

His personal assets would immediately drop below a hundred billion!

He couldn’t accept that.

Ren Zhong gritted his teeth again, "Mr. Yang, it’s very dangerous for you to act like this."

"Don’t worry about whether it’s dangerous or not; just tell me, how much further will it drop?"

"Mr. Yang, you’re asking me to make a judgment in such a situation... My... my judgment is that exiting first is safer."

Yang Bingzhong: "How much!"

"At least another 10%!"

"Alright, I know what to do. I’m preparing to average down. I have enough funds."

"Calm down, Mr. Yang!" Ren Zhong continued to persuade, "I’ve already placed a sell order on my side!"

"That’s peanuts, just a drop in the bucket. It doesn’t affect the overall situation. Ren Zhong, I have to tell you, although your judgment on the market is never wrong, there’s always a margin of error when it comes to specific numbers. The fundamental situation of Sky Shipbuilding is definitely solid, it can’t keep plummeting; otherwise, it will lead to a terrifying stock market crash. I’ll hold just one more round, just this one, absolutely no problem! After this round, as a Fourth Level Citizen, I, Yang Bingzhong, will become a billionaire!"

Ren Zhong: "But that’s just how the stock market is; even I can’t always be one hundred percent certain. Cutting losses in time is also wisdom. You need to learn to take the profit and run when it’s good!"

"I’ve made up my mind!" Yang Bingzhong hung up the call, then decisively split his 40.455 billion reserve funds into three parts.

He kept 20 billion as a reserve.

The remaining 20.455 billion was split into two parts.

The smaller part went into his account.

The larger part went into the Private Equity Fund’s account.

With the new average transaction price being lowered, his margin call line was also lowered, increasing his safety margin.

Then, Yang Bingzhong stared at the curve with bloodshot eyes, continuously shouting in his heart.

It’s dropped enough.

It’s really enough.

This is enough,

Bull turnaround!

But no matter how he shouted, the curve still stubbornly inched its way downward.

Thankfully, the degree of decline wasn’t horrifying, and it occasionally rebounded a bit.

Yang Bingzhong’s anxious heart began to settle slightly.

He started to reminisce and earnestly analyzed the bits and pieces since he’d been trading stocks with Ren Zhong.

He also began to learn from Ren Zhong, using mysterious methods to comprehensively analyze all the information he knew.

He recalled the insinuations from his patron back then.

He continuously cheered himself up.

Sky Shipbuilding is definitely stable.

He even knew more secret information that Ren Zhong was "unaware" of.

By tomorrow at the latest, Deep Space Ocean’s acquisition plan will be revealed.

There are many well-informed people on Source Star.

He was just a mere Fourth Level Citizen who could know, let alone other Advanced Citizens?

The undercurrents surging through the market right now were all in preparation for this soon-to-be-explosive news.

By then, the entire stock market would go crazy because of it!

Yang Bingzhong laughed again.

Ren Zhong’s analytical methods, though brilliant.

But in the stock market, insider information sometimes trumps all analysis.

Ren Zhong, you may be impressive, but I’m old Yang and not just anyone.

Well then, this time I should calm you down, let you know the capabilities of old Yang!

He then checked forum news and browsed through social network posts by influential users.

Seeing a post just released within five seconds, Mr. Yang laughed.

Look, even Huang Guxian has completely admitted defeat.

At this moment, Huang, the stock immortal, who was stubbornly resisting in today’s downturn, posted a short article.

"Brothers! Hold on! It will rebound! The bull will soon turn! This is just a technical adjustment, so don’t panic, brothers! I’ve averaged down again! Hold on!"

Mr. Huang had also entered the market the day before yesterday, buying a couple of lots.

In today’s wave of decline, Mr. Huang was fully saved.

But with insider information, Mr. Huang wasn’t panicked at all.

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