Chapter 313: 137, Lin Mo shocks the New York Stock Exchange! The greatest trader!_4
If the stock doesn’t go up this time, he will go bankrupt due to personal credit and lose everything.
Gil was using the real money in his hands to tell everyone in his live stream that a confrontation against the Wall Street tycoons had officially begun.
As long as they could succeed, not only would everyone achieve mental satisfaction, they would also receive substantial material rewards!
And under his incessant persuasion, more and more excited netizens actually began to prepare to buy GameStop stock….
Meanwhile, during the two-hour trading halt, the crowd of onlookers at the GameStop stock machines not only did not diminish, but continued to grow.
With more people, there also came more speculation.
Some felt that this was a probing action by some mysterious capital against Melvin Capital.
Others thought that it was a bold plan concocted by insiders at GameStop.
And some stock enthusiasts with a penchant for gambling were guessing if someone had received insider information, that GameStop’s stocks would surely surge today, and whether they should invest some capital themselves.
But after much thought, they really couldn’t figure out why GameStop’s stock could rise in value.
Market share, year-end financial report, business environment, GameStop’s official website…
These possible sources of information had been checked by them countless times, but they still had no clues at all.
Some wanted to take a gamble following the trend, but feared it was a trap set by capitalists, hesitating to make a move.
In the VIP room.
Lin Mo glanced outside through the blinds and frowned, “Honey, take a look, what’s happening? There seem to be more and more people outside.”
“Indeed, it’s getting lively,” Lin Mo looked at the time on the big stock screen and said, “The trading halt is almost over, maybe it will just shoot up in a little while.”
Would it?
Li Jinwen wasn’t that confident.
“If it doesn’t rise, then we’ll just go for a stroll and check back in a couple of days,” Lin Mo said with a good mindset, consoling her, “It’s not like we have to make a move right away, at worst we’ll just lose some money.”
“The key is, honey, if you keep worrying like this, it’ll affect our baby in your belly,”
“I’ve told you to relax, victory and defeat are common in military affairs, trust your husband!”
Hearing that it could affect the development of the fetus, Li Jinwen nodded and said, “Okay, honey, I’ll stop worrying so much. I definitely trust you, you can surely do it!”
At this moment, the two-hour trading halt had arrived, and the latest market conditions appeared on the big screen.
…..
[GameStop GME, NLS basic quotes, New York Stock Exchange]
[Opening: 17.365 US dollars…]
[Real-time price: 8.42 US dollars]
…..
A drop of one more US dollar in stock prices compared to before the trading halt!
This meant that on top of Lin Mo’s previous losses, he now faced an additional loss of several million US dollars.
“Could it really be that because I invested 20 million, it changed the original course of events?”
“That’s possible, the butterfly effect…”
Lin Mo didn’t know what was happening on the internet,
He was starting to wonder if he had made too big of a move, making too great an impact.
With only the last two hours left before the New York Stock Exchange stopped trading, Lin Mo couldn’t imagine how the stock of GameStop could possibly surge tenfold!
Unless Baiden lost his mind and personally stood in that palace advertising for GameStop!
Lin Mo couldn’t figure it out,
And the retail investors outside were even more baffled.
However,
Just when everyone thought that GameStop’s stock price for the day would close at 8.42 US dollars, or even lower, the trading volume of GameStop’s stock actually began to rise slowly!
10 shares.
20 shares.
50 shares.
200 shares.
This kind of increase wasn’t like the large institutions which buy thousands or even tens of thousands at a time; it was increasing bit by bit.
Anyone with a discerning eye could see at first glance that a large number of retail investors were purchasing the stock.
“WTF? What’s happening? Trading volume is rising? I really don’t understand today’s stock!”
“????????”
“Who’s buying this stock?”
“It’s incredible, who has this kind of power, to call upon so many investors to buy a delisted stock all at once?”
“F**k, I swear by God’s name, if the trading volume exceeds 10,000 shares within 10 minutes, I will buy in too, even if it leads to financial loss for me!”
“You don’t know what’s happening? Just watch Gil’s livestream, and you’ll know!”
“Gil? Who is he?!”
“An internet celebrity on Red Whistle Network, just search and you’ll find him!”
“My God, it’s only been 8 minutes, and already 20,000 shares have been traded!”
…
In the VIP meeting room.
Watching the trading volume of the stock soar continually, Li Jinwen was shocked.
What is this scenario, how could it still rise?
Can this thing, actually be played like this?
The anxious heart that she had been carrying in her stomach finally settled down.
More than settling down, she even became excited!
She widened her eyes in disbelief and asked in a low voice, “Honey, is this Tai operating the trades?”
“Impossible, even short sellers can’t completely control a stock, and neither can Tai,” Lin Mo explained, “Although I also don’t know what’s happened, it looks like many retail investors are buying this stock.”
“You go online and search, there should be some related news reports.”
Li Jinwen nodded, and began to search the internet, and soon, she saw the name GameStop on the hot host recommendations on Red Whistle Network.