Time marched on steadily, and Han Lie's days were getting more and more comfortable.
On Friday, Wei Hua's stock opened at its limit-up price. After 10 o'clock, it broke that limit and plunged, hitting a low of -6.67%. Then, in the final moments of trading, it surged back up to close at its limit-up price.
That day, Han Lie made a killing.
He had sold off his entire position during the initial limit-up because holding a large position over the weekend is extremely risky in a bear market.
Everyone's nerves were on edge; even a hint of bad news could trigger a stampede.
So, reducing one's holding over the weekend was the wise move.
Han Lie originally planned to find an opportunity to buy back in on Monday, but to his surprise, a sharp plunge came along today.
With such a big opportunity, he couldn't possibly miss out.
Therefore, Han Lie reopened a fifty-percent position, with an average entry price around -5%.
