Chapter 479 - 238 TNK Stocks_3
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?"