Extraordinary Genius

Chapter 267: Cash out of stocks

Views:

The final exam went on as scheduled. After the exam, Li Na and the others returned to the farm. Feng Yu still had some things to do here, especially some of the stocks in his hands. It was time to cash out.

Not only was the Magic Exchange established in advance, but the Peng Exchange was also established in advance. However, the Peng Exchange has not yet officially opened, and it is estimated that it will not be until next year.

Since the establishment of the stock exchange, many securities companies and securities sales departments have sprung up in various places. All of them are state-owned enterprises, and most of them are affiliated with major state-owned banks. Private securities companies are not currently allowed.

The establishment of two exchanges and the emergence of a large number of securities companies and securities sales departments greatly stimulated China's first-generation shareholders. In addition, the price of treasury bills could not rise at this time. Those who used to speculate in treasury bills now invested their money. In the stock market, various stocks are also rising every day.

But after New Year's Day, some retail investors began to sell their stocks because dividend payments ended. The New Year is a top priority in China, and there must be no shortage of money.

Just like these people from Taihua Company, they have asked Feng Yu more than once, can the stocks be sold

Feng Yu came to Taihua Company for a meeting today and gave them a chance to choose for themselves. The stocks Feng Yu chose for them were all bull stocks from the previous life, in order to win people's hearts. Those stocks will have another surge in May this year, led by Vacuum Electronics.

Even if you sell it now, you can make double the profit, but compared to the profit that will be several times or even ten times more in a few months, it is still too little.

"Everyone, I called you here today to talk about the stocks in your hands. The stocks in your hands have more than doubled in more than half a year. I think everyone wants to sell the stocks. Plan to exchange for cash. But what I want to say is that stocks will not reach the golden period until May this year, which is the period of big rise. It is not cost-effective to sell now. But you can decide for yourself how to choose."

Feng Yu finished. Wu Zhigang and the others looked at each other, to sell or not to sell

Many people now say that stocks are risky. What goes up will come down. If the stock price drops, not only will they not be able to make money, they may also lose money.

Wu Zhigang's mind was still spinning fast. He asked loudly: "Mr. Feng. Are you selling it?"

"Sell!"

What? Mr. Feng actually sold it? Didn't Mr. Feng say that the stock can rise at least three to five times? It has just risen a lot. Why does he want to sell it

Feng Yu watched them talking and asked with a smile: "Are you selling it?"

Wu Zhigang gritted his teeth and said, "I listen to Mr. Feng. If Mr. Feng asks me to sell it, I will sell it. If Mr. Feng tells me to keep it, I will keep it!"

Others also reacted and expressed their opinions one after another, all listening to Mr. Feng.

Feng Yu laughed loudly: "I will sell part of it. But not all of it, because I need some cash now. Did you realize that the stocks in your hands are all stocks of companies that have been announced in newspapers and have been listed or are about to be listed. Peng Peng After the stock exchange officially opens, the stock will definitely experience another big rise, and this time will only be a few months. So I will definitely not sell Vacuum Electronics... and other stocks. I will try my best to sell the rest of the stocks. Sell it, and after the year, I will continue to buy stocks such as Vacuum Electronics..."

"Mr. Feng. We believe you, so we won't sell it for now. You will tell us when you say it can be sold." Wu Zhigang said loudly.

"You believe me, I am definitely not wrong. If I make money, you will also make money. The task for the next week is to sell stocks!"

If it weren't for the establishment of the stock exchange, it wouldn't be so easy to sell stocks. You must first hand it over to the bank's securities counter and let them sell it on your behalf. Only after you sell it can they give you money. But now it's better, you can sell it directly to the bank and settle it at the current price.

At the ICBC securities business window, I suddenly saw two people carrying big bags. With a bang, the big bags were thrown on the counter.

"What do you two want to buy? Stocks, Treasury bills, or something else?"

"If you don't want to buy, we will sell the stocks."

The bank staff rolled their eyes. Who are you trying to scare with such a big bag? How many stocks can you have in it? Are you planning to sell your stocks and buy a bus ticket to go back to your hometown to celebrate the New Year

"Okay, how much do you sell it for?"

"These have a total face value of 300,000 yuan. You can calculate the market price."

"How much do you sell it for? Three hundred thousand?"

The staff's exclamation made those waiting to handle other business look over. What they just said, three hundred thousand, who is so rich! Three hundred thousand, I can't spend it all in a lifetime.

The staff saw that they were all the same stock. She checked the current price and found that the market price had more than doubled the issue price. Doesn't it mean that the 300,000 shares have become more than 600,000

"Hello, we don't have that much cash at the counter, why don't you come back tomorrow?" The staff's attitude immediately changed.

"It's okay, deposit it into this account for me."

After the two major stock investors left, many people gathered around the securities counter.

"Hey, what stock did he just sell?"

"Yes, how much did he sell it for just now?"

"Who is this person? What does he do at home?"

At the same time, the securities trading desks of many banks in Bingcheng received large amounts of stock selling. Two people carried large bags and sold a stock with the same face value. What they did not discover was that these selling stocks The money all flowed into the same account.

They thought this happened by chance, but the next day, someone came to sell a large amount of stocks. Although it was not the same person, they were surprised to find that this account looked familiar.

This happened every day for five consecutive days. Feng Yu sold a total of about 20 million in stocks and cashed out more than 40 million in cash.

The crazy selling of stocks by Taihua Company has caused panic among many investors in Bingcheng. Those who have so many stocks must sell their stocks because the stock price is going to fall!

Driven by the herd mentality, many people who originally wanted to keep their stocks began to go to banks to sell their stocks.

Of course, there are also some smart people who believe that the Peng Exchange is about to open and stocks will definitely rise. In the past, they couldn't buy stocks if they wanted to, but now they can buy them and the price has dropped a bit. This is a good opportunity for them.

After Feng Yu did this, Bingcheng's stock market became more active. Millions of stocks were bought and sold every day, and prices were changing every day.

Starting from the next Monday, Feng Yu continued to sell stocks. Anyway, except for those company stocks on the list, Feng Yu did not intend to keep any of the rest.

The rise of these stocks is far less than that Feng Yu can make money by investing in gold and oil futures. He needs to raise funds quickly, because the war is about to break out! (To be continued.)

PS: Thanks to Tianchang Tushan Hao, Unrivaled★Evil Lord, I Think I'm Good, and lipenggl for the rewards, thanks to the Decaying Premonition 5888 for the rewards, and thanks to me & Fei Ying, and Zhao Xuantian for their monthly votes. Thanks