Chapter 170: To make it perish, first make it go mad
Since 12 days ago, when Ren Zhong and Yang Bingzhong both entered the Starry Sky Shipbuilding market, this leading stock has indeed experienced a long period of continuous growth.
Calculating everything through to today, the average daily increase over 12 days has reached 11.7%.
An increase of only 11.7% per day may not seem much, but the total growth is an astonishing 277.25%.
It's important to know that Starry Sky Shipbuilding is not a small-cap stock worth only tens of millions or just over a billion, but an originally planetary-scale leader with a total market value as high as seven trillion.
Now, the total market value of Starry Sky Shipbuilding has soared to nearly 30 trillion!
Such an increase, if taken to 21st-century Earth, could trigger a tsunami in the financial world no less than a magnitude ten earthquake.
Global capital and investors would go mad as a result, igniting the great financial era, or perhaps causing a global financial crisis.
Ren Zhong is not proficient in finance, but he can roughly imagine it.
He could guess what the shareholders on Earth would feel like if Apple Inc.'s stock price quadrupled in half a month in the 21st century.
But the situation on Source Star is different.
Here, there is the Wrist watch system, nationwide networking, and Contribution Points are entirely paperless electronic currency, with capital flowing at an astonishing speed.
The model of issuing currency during sleep is more like a perpetual, never-wearing-out printing machine.
The activity level of financial activities on Source Star is far beyond the imagination of Earthlings.
Every day currency is inflating.
Every day is a financial crisis.
Every day is building the great financial era.
From an Earthling's perspective, miracles happen here every day.
Of course, disasters also happen every day.
The continuous rise of Starry Sky Shipbuilding has indeed caused quite a stir, given its massive scale.
Every day it slaps the faces of various bearish stock analysts.
For example, a stock guru surnamed Huang, who on the second day of Starry Sky Shipbuilding's rise, boldly predicted the unusual rise of this leading stock in his capacity as a professional stock analyst.
"Brothers, listen to my advice, the water in a large plate like Starry Sky Shipbuilding is too deep, and you can't grasp it. I, Mr. Huang, am always professional, and in such situations, I dare to make a judgment. You're smiling as you follow the trend and enter the market, but the next day you'll be crying from a miserable fall! An enormous leading stock like this, an average retail investor can use all their resources just to buy one share. Really, don't go easily. Once it collapses, it's a bloodbath!"
Once Mr. Huang made these remarks, his loyal fans flocked to his words.
All sorts of signs of wealth were depicted.
Stubborn to the very end, Mr. Huang never admitted defeat.
He showed deep disappointment and anger towards those detractors who said to bet against him and buy villas by the sea.
He was heartbroken.
Thus, amidst Mr. Huang's obstinate resistance, the stock price of Starry Sky Shipbuilding continued to rise for eight days.
The stock guru Huang was once again revered.
This is a minor detail, not worth further detailing.
Let's shift the timeline back to Ren Zhong.
On the 62nd day of the Ren Zhong Era, Starry Sky Shipbuilding finally saw a slight decline.
At that time, Yang Bingzhong became extremely anxious and quickly sought Ren Zhong's advice, wanting to know what God of Stocks Ren thought of the matter.
Although he verbally said he would unconditionally trust all of Ren Zhong's judgments, Mr. Yang, having invested 2.1 billion funds in and out, still couldn't stay calm.
Especially after eight days of growth, his 2.1 billion funds had turned into 25.45 billion under the power of five-time leverage.
Even a small shake of just 1% would cause a fluctuation of wealth of as much as twenty to thirty million.
If Mr. Yang were a seasoned veteran who had made his fortune entirely through stocks, he might still remain composed.
But ever since opening the Alien Ore and clearing out at the private equity manager, Yang Bingzhong hadn't been so intensively focused on the stock market for a long time.
Usually, he would just put a bit over ten or twenty million in for small leisure plays.
Now he had gambled everything besides Alien Ore and Starfire Resources.
Investing heavily and playing for leisure may seem similar, but they're completely different experiences, and Yang Bingzhong couldn't control himself.
Every day, apart from completing necessary work, he almost continuously watched the market.
Watching the market while eating, watching the market while walking, even watching the market while being intimate with Tang Shuying or others.
His heart soared to the heavens with that tiny line representing the rise in wealth.
Every day was rising as Ren Zhong said.
Every day was like celebrating the New Year.
Having filled the leverage, doing nothing, just lying down and watching wealth multiply—this feeling was exhilarating!