He could still trick some adventurous bottom-fishers, using the orders placed ahead to get a slightly better price. But that would ruin the chart pattern, like deliberately smashing an already cracked pot. Clearly, that wasn't the current situation.
Han Lie proactively crashed the price. Seeing it trigger a massive wave of panic selling with almost no buy support above 11.40 yuan, he smiled with satisfaction.
The market in 2013 was truly naive...
To Han Lie, it was almost transparent. This feeling was exhilarating; everything that was about to happen unfolded just as Han Lie had predicted.
"Da Juan, Shitou, scatter orders for 100 to 500 lots, starting from 11.30 yuan all the way down to 10.90 yuan! Quick, quick, quick!"
Han Lie was also placing orders, but his were much lower and for larger quantities, serving as a safety net. Lao Xu definitely wouldn't let the stock price hit its limit down. At most, it would dip to test the 10-day moving average, which was around 10.82 yuan.
