Chapter 2: 2: Plans
Alex chose a stock from the Newville Main Board. After going all in on it, the A-share market closed for the day. He switched to check his portfolio:
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Held Stock: ShineGold Technologies (600735)
Number of Shares Held: 1700 shares.
Average Purchase Price: $4.91
Current Market Price: $4.96
Portfolio Market Value: $8,432
Daily Profit/Loss: -$852.02 (-9.79%)
Floating Profit/Loss: +$85 (+1.01%)
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The portfolio displayed a daily loss of over $800, primarily due to the three stocks the original owner had, which took a nosedive that day. The floating profit/loss was connected to Alex's recent acquisition of ShineGold and had nearly touched the day's lowest point, with a floating profit of about 1%. Alex could be reasonably sure that he had bought it at the day's lowest point.
His gaming buddy, George, in the midst of a "StarCraft" match in 3v3 mode, couldn't help but chime in, "Dude, you're pretty gutsy. Why did you buy this stock, and why go all-in? It tanked from over $17 to $3.90, a 77% drop. Now it's just a rebound. Didn't you notice the 30-day moving average resistance? Are you trying to bet on a breakthrough?"
Alex grinned and offered a straightforward analysis, "It's a bet on a breakthrough. The logic is grounded in technical and volume analysis. Unless something unexpected happens, the trading funds for this stock should push it up towards the end of the day, luring in numerous short-term traders. There's an anticipation of consecutive limit-up days, and this rebound might reach around $7. It all hinges on market sentiment. I'm confident in going all-in; I'll seize the initiative."
His gaming buddy hesitated but decided to hold back. Alex appeared to know his stuff, and he had his game to focus on. Alex closed the trading software and logged off, leaving the Internet cafe to head back to school.
Newville University had recently kicked off its summer break, but Alex had no intention of returning home. He planned to spend the summer in Newville. He headed straight to his dormitory, Room 303, which was now vacant except for him. With no money on hand, he had to stay on campus during the summer.
Alex didn't want to tamper with the funds in his securities account, as his initial capital was already limited. Besides, he had a debt of $330,000 to settle in two months, shortly after the summer break.
Turning $8,700 into $330,000 meant he needed a return rate of roughly 3,700%. Alex was confident he could achieve it. Room 303 had a total of six occupants, including Alex. According to the original owner's recollections, his other roommates were Harry, Henry, Oliver, Oscar, and Oliver.
Newville University wasn't a top-tier 985 or 211 university, but it wasn't considered subpar either. The original owner had a solid academic track record, majoring in computer science. His roommates were also top students within the university, and Alex had learned from the original owner's memories that they all aspired to start a tech company together after graduation.
Alex sat on his bed, muttering to himself, "It's July 2008. Last year, Steve Jobs introduced the first iPhone at an Apple event, featuring the impressive slide-to-unlock feature, marking the start of the mobile internet era."
His thoughts led him to the interface of the "Social Prestige System." After a brief reflection, he nodded to himself, "I must seize the opportunity in this era of mobile internet, become a prominent figure, and significantly enhance my reputation and influence."
His specific plan began to take shape. Oliver, Leo, and the others had aspirations to start a tech business. Their areas of expertise were closely related to the internet industry, aligning perfectly with Alex's strategy. He would become their boss, guiding them from behind the scenes and providing financial support.
In front of Alex, these young college students seemed like novices compared to his extensive experience in the complex world of capital markets. Their path to earning respect would be straightforward. With Alex as their boss, their achievements wouldn't go unnoticed.
"When the semester begins, we'll kick off our venture. They can focus on their studies and the startup simultaneously, and I'll provide the funding," Alex thought to himself. His primary focus now was on raising capital for their venture. Oliver, Leo, and the others had limited funds, and Alex intended to secure the necessary resources.
Naturally, Alex planned to withdraw funds from the A-share market. At the same time, George, the guy engrossed in his "StarCraft" match at the Internet cafe, recalled Alex's earlier discussion. He muttered, "That guy seemed to know his stuff. I remember him saying the stock he bought should hit the limit-up in the afternoon. I should check if it really did."
George immediately opened his web browser, accessed the stock market's PC version, and thought to himself, "What was the name of that stock... Shine something... Oh right, ShineGold!" He entered the stock's name and pressed Enter.
Soon, the intraday chart for ShineGold appeared. The data indicated that the stock had closed with a 10.08% limit-up, reaching $5.46 per share.
George was taken aback as he saw the limit-up. He couldn't help but mutter, "Wow, it actually hit the limit-up? That guy knows his stuff."
Weekly Power Status
-- Power
Ranking 
-- Power
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