I Can See Probability - Chapter 39

Chapter 39: Daily Limit

Translator: Dragon Boat Translation Editor: Dragon Boat Translation

“Her family’s stock?”

“Our Mingyang City’s famous listed company, [Jingyi Biological Pharmaceutical Group], belongs to her family. Go ahead, buy it for 300,000 yuan,” Chen Jing said.

“This… so she’s Boss Lu’s daughter.” Chen Yiyuan and Xu Yalan finally knew Lu Yanyan’s background.

Jingyi Biological Pharmaceutical Group was quite famous in Mingyang City. Lu Jingtong was a strong competitor for the richest man in Mingyang City.

After learning about this relationship, Chen Yiyuan didn’t hesitate.

Because from what he saw, his son and Lu Jingtong’s daughter seemed to have a good relationship. In this way, Chen Jing must have heard the inside information, so he let him buy it.

“Okay, I’ll buy it. But you have to teach me how to buy it,” Chen Yiyuan said.

Chen Jing started to teach him step by step. The procedure to open an account was very simple. One could open an account in WeChat, then transfer the money into the account and immediately buy it.

“Are you really going to buy 300,000 yuan?” Xu Yanlan was still a little worried. She thought of the news about people jumping off buildings that she had seen in the past, and she was always worried.

“Ah Jing said to buy it, then let’s buy it. Let’s try it.” Chen Yiyuan winked at her.

“Ah? Oh.” Xu Yanlan understood what he meant. With a slight gesture, she understood that this might be the inside information that Lu Yanyan had leaked out.

When her own company had any good news, it was natural that she would be the first to know.

“Then, buy it.” Xu Yanlan suddenly steadied her heart and smiled. She became even more polite to Lu Yanyan.

Lu Yanyan, on the other hand, looked confused. “…”

When she looked at Chen Jing’s parents’ expressions, it was clear that they had a firm trust in her.

This trust was not only for [Jingyi Biological Pharmaceutical Group], but also for her.

However, she did not have any confidence in her own company’s stock.

In fact, she did not care much about her family’s matters, nor was she interested in business matters. However, she still had a rough idea of how her company’s performance was after it went public.

This was because sometimes, when the family was having dinner, she would also hear her parents talk about it.

At least, she remembered that her family’s stock had suffered three consecutive losses last month. Her father also said that the current industry was not doing too well and that it might only improve next year.

Therefore, under such circumstances, the firm trust of Chen Jing’s parents made her feel even more pressured.

“That… Chen Jing, are you really going to buy my family’s stock?”

“I’m really going to buy it. I’m not joking.”

“That… Actually… I think… It’s best not to buy my family’s stock. Because… my father said that the pharmaceutical industry is not doing too well this year,” she stammered.

“It’s fine. I feel that your family’s stocks are quite promising,” Chen Jing said with a smile.

He taught Chen Yiyuan as he operated.

Chen Yiyuan originally thought that Lu Yanyan had revealed some insider information, which was why Chen Jing was so certain to buy her family’s stocks.

But Lu Yanyan’s words clearly didn’t sound like it.

At this moment, Chen Jing made a buying move.

Chen Yiyuan accidentally saw him buy the entire stock, spending all 300,000 yuan.

“Wait… Wait a minute…” Chen Yiyuan wanted to stop him, but it was too late.

A notification popped up on his phone — [Buy successful]!

[Jingyi Biological Pharmaceutical Group] was a stock that had sold a lot and placed a lot of bets, so he bought it casually.

“It… It… It’s gone just like that?” Chen Yiyuan was a little stunned. He looked at the ups and downs of the stock, as if it was falling. Within a minute, it had fallen by a few thousand yuan.

He felt that his flesh was hurting.

“Dad, it’s not gone. It’s just turned into stock. Look, this is a real-time profit and loss. It’s clear at a glance. It’s very simple,” Chen Jing said.

“How about… We withdraw a little first?” Chen Yiyuan stared unblinkingly. It was as if it was still falling. It was rising and falling by a few thousand yuan every second. His old heart felt a little unbearable.

Chen Jing laughed out loud, “The domestic rule is T+1. We can only sell it tomorrow. But listen to me. It won’t be a loss. Within a week, it will rise by the limit. We can sell it after the limit has risen.”

Xu Yanlan also came over to take a look. When she saw that in just two to three minutes, it had already fallen by 8,000 yuan. She was as anxious as an ant on a hot pan, “We just bought it. How did it fall so much all of a sudden?”

“Yeah, it fell too far.” Chen Yiyuan was even more anxious.

“No wonder there are so many news articles saying that people jump off buildings in the stock market. This is too scary.” Xu Yanlan did not look at it anymore. It was as if she was planning to keep her eyes out of it.

Chen Jing smiled without a care in the world. “Dad, don’t look at it anymore. I’ve set up a reminder. As long as the increase exceeds 9%, it will inform you. Just wait and see.”

“Alright, alright.” Chen Yiyuan took a deep breath. He had already bought it. What else could he do?

He could only turn off his phone. His old heart was like he had ridden a roller coaster and could not be calmed for a long time.

After that, it looked like it was about time. Chen Jing and Lu Yanyan were about to return to school.

On the way, Lu Yanyan could not help but scold him, “Chen Jing, you’re too reckless. Although I don’t know much about stocks, I heard from my father that if you want to buy stocks, you have to first analyze the market. You didn’t even consider anything and just bought all the stocks. That’s too rash. This… If you lose out, I… how can I face your parents in the future?”

Without a doubt, the Chen Family had invested 300,000 yuan this time. If [Jingyi Biological Pharmaceutical Group] suffered another three consecutive losses, perhaps even a person with a good temper would complain when they saw her, Lu Jingtong’s daughter.

“It’s okay. I feel that your family’s stocks can rise.”

“But, my family’s stock performance hasn’t been very good. It even suffered three consecutive losses last month.”

“You’re quite honest, haha.”

“You can still laugh?”

“I met some Indians in Mingyang City a while ago. If I’m not mistaken, they should be the generic drug experts that your family hired, right?”

“I don’t know.”

“Your family’s Jingyi Biological Pharmaceutical group has also made many excellent drugs in the past few years. If they can successfully develop an anti-cancer drug this year, then your family’s stock will definitely soar.”

“You… just based on this guess, you’re going to throw all your family’s savings into it? But what if it’s not? I haven’t even heard my father mention this before,” Lu Yanyan said.

“Whether it’s the case or not, we’ll know in a week. There’s no rush.” Chen Jing seemed to have a plan in mind.

“I’d better ask my dad.” Lu Yanyan took out her phone and was about to make a call.

“Don’t.” Chen Jing stopped her. “There’s no need to ask. Even if it’s you, your dad won’t say anything about this because it involves a lot of things. On my end, it’s just a guess. So, it’s best that you don’t ask. Moreover, I’m fully invested in it. No matter what, I can’t withdraw it now. Let’s just wait and see..”