Chapter 291 291 Crazy bargaining! Don't hesitate to borrow 200 million shares to short the enemy!

  Time passed slowly.

  Under the tense, anticipated, and excited atmosphere of the financial market, the time came to 9:10.

  The US stock market opens in 20 minutes.

  Wang Guanxi couldn't help taking a breath.

  Everyone also held their breath and focused.

  Wu Zhanhai couldn’t help but said: “It’s about to open, and I don’t know what the stock price of Midland Bank will fall like when it opens?”

  Wu Hongsheng guessed: "May fall by more than 25%"

  Li Guangyu pondered for a moment and said: "I can't stop 25%, at least 40%"

  Lu Jianyan said: "At least 50% or more"

  Guan Zhenyi also said: “I think it’s perfectly fine to fall to more than US$5.”

  Lin Jiyang thought for a while and said, “It’s okay for more than $4.

  After all, today’s $700 billion rescue plan has become $250 billion, and Congress still needs to vote.

  While the Midland Bank is in urgent need of rescue, the rescue operation has been delayed.

  The Midland Bank may be over.

  Under such a huge negative, the stock price of Midland Bank will definitely fall by more than 60% tonight.”

  Everyone is looking forward to the plunge in the stock price of Midland Bank tonight, and then buy bottom.

  But the exact location is not clear, so copy it halfway up the mountain.

  So everyone tries to underestimate the stock price as much as possible.

  Next, I opened the stock price chart of Midland Bank, which closed at $10.00 last Friday. The US stock market opened on Monday night, and it is bound to plummet.

  Black Shirt Investment Bank’s US$303 million is ready to buy shares of Midland Bank at any time.

  Then Wang Guanxi ordered: "You are all ready for me, as long as the stock price of Midland Bank drops below $4 per share, you can buy it!"

  "Yes, BOSS" everyone is also very nervous.

  Wang Guanxi then picked up a glass of champagne and drank slowly,

  At this moment, Soros Quantum Fund in New York, USA, Soros is drinking tea slowly, looking very leisurely.

  But his eyes have been fixed on the stock chart of Wachovia Bank.

  The last time Soros Quantum Fund lost $700 million on Lehman Brothers, it has always been a thorn in Soros' heart!

  Especially a black shirt insurance company in Hong Kong, which made him particularly disgusted.

  He could have lost a lot of money, but because of the black shirt insurance company, he lost 700 million US dollars.

  This time he bet on Wachovia to follow in the footsteps of Lehman Brothers and Washington Mutual Bank.

  Why?

  Because Soros Quantum Fund shorted Washington Mutual Bank before the last time the Washington Mutual Bank went bankrupt, and also short-termed Citibank!

  Recovered all the $700 million lost on Lehman Brothers.

  Vice President Roja Bowers asked: "Boss, do we sell the shares of Midland Bank as soon as the market opens?"

  Now the stock price of Midland Bank is 10 US dollars per share, the total share capital is 2.16 billion shares, and the market value is 21.6 billion US dollars. Of course, that was when the market closed last Friday.

  After the US stock market opens, it will be different, and it will definitely shrink significantly.

  The specific shrinkage is unknown. He estimated that it will shrink by more than 20%.

   Soros pondered for a moment and said: "Just sell me all of them and don’t keep them."

  This time Soros Quantum Fund asked BlackRock Group to borrow 100 million shares of Midland Bank to short Midland Bank, which is worth 1 billion US dollars at the current price.

  As soon as the US stock market opened this time, Soros planned to sell out.

  Roga Powers was stunned when she heard it, and her heart trembled, and she asked: "Boss, if we sell 100 million shares at a time, will it be too much? The stock price will be directly smashed by us."

  Selling 100 million shares this time, is it worth it?

   is simply terrible.

  Basically, all buying orders in the market will be consumed. If there is no money to protect the market, the stock price will fall into shit. If such a sell-off, will the position of opening a position be lowered?

  Selling 5 million shares at a time, 10 million shares are also okay.

  Why sell 100 million shares at a time and sell them out quickly?

  It would be great to sell 1 million shares in one minute.

  Soros thought for a while and said: "100 million shares sold out within 20 minutes"

   "Yes, the boss" Roja Bowers nodded.

  AIG Group’s Asian headquarters, Brian Schreiber, head of Asia-Pacific, asked his assistant: “If the stock price of Midland Bank rises, let’s clear the position tonight.”

  The assistant asked: "Mr. Schreiber, what if the stock price of Midland has been falling at the opening tonight?"

  Brian Schreiber thought for a while and said, "Then wait a little longer."

  Feroz Sanhavi of the Imperial Bank of India planned to borrow their shares in Wachovia to go short, but he did not borrow.

  Because it intends to liquidate the shares of Midland Bank, but the specific location of the liquidation is still to be determined.

   Anyway, it will be emptied within this week, and he is not particularly anxious.

  "Okay, Mr. Schreiber" assistant hesitated.

  Fortis Group Hong Kong branch, Asia-Pacific vice president Slein Hamilton looked at the stock price chart of Wachovia Bank, lost in thought.

  A female assistant was sitting on his lap, and Yu hand stroked the back of his neck lightly, and said, “This Midland Bank may soon go bankrupt, don’t think about it, let’s liquidate it tonight”

  Slein Hamilton grabbed her jade hand and smiled: "No hurry, my boss told me to clear the position within this week. I want to wait until the stock price of Midland Bank stabilizes above $10 before liquidation."

   "Well, people are also a little bit clogged.

   "Help me clean it up?"

   "Okay, help you dredge"

  "Let's go, Peninsula Hotel"

   "Forget it, can you see it at 12 o'clock?"

  "How about 10:30? I feel bad after being stuck for a long time"

   "Well, then 10:30, and then we play until 6:9"

   "Well, I like it until 6:9"

  ··

  Andre, the president of the Hong Kong branch of the American Fidelity Investment Group, and Si Xiuliang, the vice president, discussed the matter of Midland Bank again.

  Since Lehman Brothers and Washington Mutual Bank went bankrupt, the next bank to go bankrupt is likely to be Wachovia Bank.

  Si Xiuliang opened the mouth and said: "Mr. Andre, are we going to clear the stock at the opening?"

  In fact, they don’t hold many shares of Midland Bank. If they clear their positions, they will be completed soon.

  Andre thought for a while and said, "Don’t worry, wait a minute, anyway, we don’t have many stocks."

  Now, although Midland Bank is on the verge of bankruptcy, it is still negotiating with Citibank and Wells Fargo, and it may be acquired at a premium. He wants to wait.

  Of course, it won’t be too long, because Citibank and Wells Fargo may have recently acquired Midland Bank at a premium, not more than two weeks.

  Feroz Sanhavi of the Imperial Bank of India came to borrow stocks to short Midland Bank, but he refused without even thinking about it.

  In fact, many investment institutions are shorting Midland Bank, because the situation of Midland Bank is very similar to that of Lehman Brothers and Washington Mutual Bank, which went bankrupt before.

  It is rumored that Soros Quantum Fund is shorting the Midland Bank. Of course, this is a rumor, whether it is true or not, he does not know.

   And Chandler Parr, the president of D.E.Shaw Hong Kong branch, said to his assistant: "If the stock price of Midland Bank is half an hour after the market opens, please clear the position."

  The news he received was that Bill Miller of Legg Mason Group liquidated the shares of Midland Bank last week.

  And their D.E.Shaw company intends to liquidate this week.

  But the key issue is that Midland Bank, Citibank, and Wells Fargo are negotiating.

  In addition, the White House’s $700 billion rescue plan was met with resistance and turned into a $250 billion provisional agreement, and Congress re-voted.

  This is not a clearing, nor is it not clearing, he struggled, and finally decided to wait for half an hour.

  In the Hong Kong branch of UBS, Senior Vice President Casey Entwies stared at the stock chart of Wachovia Bank with some excitement.

  They have borrowed 50 million shares of Midland Bank from Franklin Templeton Asset Management Company and intend to short Midland Bank.

  However, the specific time has not yet been determined. Today, tomorrow, and the day after tomorrow are uncertain.

  But Feroz Sanhavi of the Imperial Bank of India suddenly called him and said that he wanted to borrow shares of Wachovia Bank to go short.

  He decisively decided to short Midland Bank tonight.

  But where to go short, he has not yet determined.

"TM, let's decide after 11 o'clock tonight. At that time, the U.S. Congress will also vote on the rescue plan. Maybe the $250 billion interim agreement will be rejected, and even the entire $700 billion rescue plan will be rejected! "

  Time is long, especially at critical moments.

   finally came at 9:30.

  The US stock market opened.

  The shares of Midland Bank were sold wildly.

  Soros Quantum Fund sold the most aggressively!

  10 million shares!

  10 million shares!

  10 million shares!

  ····

  The stock price of Midland Bank plummeted, like a waterfall in nine days, with monstrous ferocity!

   can shock the soul of people, dare not move rashly, let alone defy it, can only watch it plummet.

  The market is full of offers.

  Of course, there are also some people who are not afraid of death to go to the bottom, and there are also investment institutions that have shorted Midland Bank to liquidate their positions, but it is useless and cannot prevent the collapse of Midland Bank's stock price!

  $9 per share!

  $8 per share!

  7 USD per share!

  ··

  Everyone was dumbfounded, too horrible, and fell too hard.

  Heishan Investment Bank, Wang Guanxi shouted: "Don't buy anymore, continue to wait, buy until 2 dollars per share!"

  "It's the BOSS!" Everyone also took a breath, and their backs got cold. The stock price of Midland Bank was sold by a huge amount, and it was impossible to stop the sale.

  The Black Shirt Investment Bank just prepared US$303 million in funds, which is invincible.

  Brian Schreiber, Srein Hamilton, Andre, Xiuliang Chandler Parr, Casey Entweis and others are also completely dumbfounded.

  How did this TM let them clear their positions?

**** it!

   "The paralyzed, who is selling so hard, there is no chance for us to sell"

   "Grass, is it too fierce to throw, right?"

   "It's paralyzing, isn't Soros selling it?"

   "My day, we have lost a lot!"

"Son of a bitch"

  ··

  Soros Quantum Fund, Soros continued to shout: "Selling, don't stop, so that they can't sell!"

   "Yes, the boss" Roja Bowles sold wildly.

   Soon Midland Bank’s stock price fell to US$4 per share, US$3 per share, and US$2 per share!

  In just 15 minutes, the stock price of Midland Bank dropped from $10 per share to $2 per share.

  It's terrible.

   Soros Quantum Fund sold a total of 100 million shares, with a position of $6 per share, temporarily floating $400 million.

   "Very good, waiting for a good show!" Soros looked at the sluggish Midland Bank stock and smiled.

  At the moment at the Heishan Investment Bank, Wang Guanxi said: "Buy at the position of 2 US dollars per share."

   "Yes, BOSS!" Everyone immediately started buying.

  1 million shares!

  1 million shares!

  ··

  And the shares of Midland Bank were sold by Brian Schreiber, Srein Hamilton, Andre, Chandler Parr, Kathy Entweis and others.

  1 million shares!

  2 million shares!

  3 million shares!

  500,000 shares!

  3.5 million shares!

  Although Midland Bank has bought by the Black Shirt Investment Bank, the stock price continues to fall!

  1.9!

  1.8!

  1.7!

  1.6!

  ···

  "Continue to buy for me" Wang Guanxi shouted: "Use all the funds to buy, don't stop!"

  "Yes, BOSS" everyone continues to buy!

  But the stock price is still falling!

  1.5!

  1.4!

  1.3!

  ··

   has been falling to $1.00 per share, and the Black Shirt Investment Bank is still buying!

  1 million shares!

  1 million shares!

  ···

  Wang Guanxi shouted: "Buy! Buy!"

  "Buy all the money!"

   "Don't leave one dollar, buy it for me!"

  "Yes, BOSS" everyone kept clicking the mouse!

  1 million shares!

  1 million shares!

  ··

  Because the stock price is very low, there are fewer people selling, and the stock price of Midland Bank has started to rise!

  1.2!

  1.4!

  1.6!

  1.8!

  2.0!

  This time, the Black Shirt Investment Bank forcibly increased the stock price of Midland Bank from US$1 per share to US$2 per share!

  The trading volume is huge!

  Simply shocked the financial market.

   "TM, this Wachovia Bank is simply terrible"

   "Fuck, it plummeted by 80%"

  "The stock price has risen now"

   "I don't know where I can rise back to"

"too frightening!"

  ··

  In total, the Black Shirt Investment Bank bought 200 million shares, with a position of 1.5 US dollars per share, spent US$300 million, and temporarily made a floating profit of US$100 million on the book.

  Wu Zhanhai, Lu Jianyan and others were very excited, nervous and excited.

  "BOSS, the stock price of Midland Bank has stayed above US$2.00 per share."

   "Haha, this time bargaining is really cool"

  "Fortunately, I resisted it before, otherwise if you open a position at $4 per share, you will lose money."

   "Yeah, yeah, fortunately, I started buying at $2 per share"

   "This time I bought 200 million shares for 300 million US dollars!"

   "Hey, hope that Midland Bank can be acquired at a premium"

  ···

And at the moment, the Peninsula Hong Kong, Nehru, Sundeep Batra, Ratan Tata, Feroz Sanhavi, Anand Mahindra, Lajuslov, Gilayu Aminqi People are also completely dumbfounded.

  Unexpectedly, the stock price of Midland Bank plummeted so badly.

   directly fell by 80%

  The highest decline is 90%, falling to $1 per share.

  At present, the market value of Midland Bank is still 4.32 billion U.S. dollars.

  Compared with the previous US$21.6 billion, it is a total of US$17.28 billion, and the market value of HK$130 billion has evaporated, which is terrible.

  "The Huaxia people must be bargaining at the bottom"

   "Fuck, this Chinese is really a ghost"

   "When the stock price fell to $2 per share before, it fell very slowly"

  "When it fell to $1 per share, it started to rise."

  “It is obvious that Huaxia people are buying like crazy”

   "Yes, it's a good thing for them to buy in. When the Midland Bank goes bankrupt, they will also lose their money."

   "Yes, just waiting for the Huaxia people to lose their blood"

  ··

   and destroy the Black Shirt League.

  The presidents of Daoheng Securities, CLSA, Yiqun Securities, Dongying Securities, Daly Securities, Gaoxin Securities, and Fengnian Securities are also dumbfounded.

   Jiao Xiongbing sighed: "The stock price of Midland Bank has fallen too sharply tonight."

  Adolf Rogulli: "Fuck, the Black Shirt Investment Bank is buying the bottom"

  Li Songwei: "The people at the Black Shirt Investment Bank must have been hunters."

  You Zhenxuan: "Let’s ask them to borrow stocks to continue shorting, and then wait for the Bank of Midland to go bankrupt!"

  Jiang Jiwei: "Yes, the stock price of Midland Bank plummeted so much this time, just like Lehman Brothers and Washington Mutual Bank before."

  Yue Runlin: "This Midland Bank must go bankrupt"

  Ju Debiao: "I think so too"

  Jiao Xiongbing asked again: "Shall we borrow the shares of the Black Shirt Investment Bank to go short?"

  Adolf Rogully: "But the stock price of Midland Bank has fallen so low, will this black shirt investment bank lend it to us?"

  Li Songwei opened his mouth and said: "I will definitely call them."

  According to the agreement in advance, the funds to short Midland Bank this time are jointly issued by Yiqun Securities, Dongying Securities, Daly Securities, Gaoxin Securities, and Fengnian Securities.

  "Let's call"

   "Okay, call it right away"

  Then Li Songwei called Wu Zhanhai and said that he wanted to borrow shares of Midland Bank.

  Wu Zhanhai came to Wang Guanxi and said: "BOSS, Li Songwei of Yiqun Securities called to ask us to borrow the shares of Midland Bank. It seems to be shorting Midland Bank."

  Wang Guanxi was taken aback, then overjoyed!

  It has always been a member of the Heishan Group to ask others to borrow stocks to go short, but today someone asked Heishan Investment Bank to borrow stocks to go short.

  This is a good thing!

   Borrow!

  Why not borrow it!

  Lent all to Li Songwei of Yiqun Securities!

  Immediately, Wang Guanxi said: “We have 200 million shares of Midland Bank here, and the current stock price has temporarily stabilized at 2 US dollars per share.

  If they want to borrow, it is worth 400 million US dollars.

  The monthly interest is 2%, and the daily interest is 260,000 US dollars."

   "If they want to borrow, they will come over to sign the agreement immediately. If the money is not enough, let them use the securities company's client assets as a guarantee."

  "Yes, BOSS" Wu Zhanhai went to do it immediately.

  Soon Yiqun Securities, Dongying Securities, Daly Securities, Gaoxin Securities, and Fengnian Securities sent lawyers to the Heishan Investment Bank and signed the agreement!

  The other party has a lot of money, so he directly took out 400 million U.S. dollars and borrowed 200 million shares of Midland Bank.

  Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, Ju Debiao and others didn’t talk much, and they were just happy to get 200 million shares of Midland Bank.

  Li Song said with a great smile: "This time we shorted Midland Bank until Midland Bank went bankrupt."

  You Zhenxuan said with a smile: "Yes, if we short the Midland Bank this time and have not closed the position, then the black shirt investment bank can only watch the stock price of Midland Bank become waste paper."

  Jiang Jiwei: "TM, you must lose this black shirt investment bank!"

  Yue Runlin: “Only when we close the position and return the stock to the Black Shirt Investment Bank, they can liquidate the position. Once Midland Bank goes bankrupt and the stock price drops into shit, we will make 350 million US dollars without any problem.”

  Ju Debiao echoed: “Yes, this is much more profitable than doing brokerage business. Our commission for securities brokerage business does not add up to 350 million US dollars a year, ha ha”

  At this time, Jiao Xiongbing urged: "You can go short, let the Heishan Investment Bank take a look!"

  Adolf Rogulli also said: "Make the people in the Black Shirt Investment Bank regret borrowing stocks!"

   Then Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, Ju Debiao and others began to sell the shares of Midland Bank.

  5 million shares!

  5 million shares!

  5 million shares!

  ··

  Although there are many bottom-hunting institutions, they cannot prevent the stock price of Midland Bank from falling sharply!

   fell from US$2.00 to US$1.00 per share!

  Li Songwei shouted: "Stop!"

  So everyone stopped!

  But other retail investors are selling one after another, for fear that Midland Bank will suddenly declare bankruptcy!

  Then the stock price continued to fall under the sell-off of retail investors around the world!

   fell to US$0.90!

   fell to 0.80 US dollars per share!

   fell to $0.50 per share!

  The stock price of Midland Bank has fallen into a penny stock!

  God!

   Shocked the financial industry!

  "Is this Midland Bank going bankrupt?"

   "My God, it's another Lehman Brothers company. Fortunately, I was liquidated at the time."

  "Now all the people who buy the shares of Midland Bank are horrible!"

   "It seems that Midland Bank will follow Lehman Brothers and Washington Mutual Bank will follow in the footsteps"

   "It's over this time"

  "The negotiations between Wachovia Bank and Citibank and Wells Fargo Bank must have been broken."

  The Hong Kong branch of UBS, senior vice president Casey Entwei previously shorted 50 million shares of Midland Bank, with a position of $1.5 per share.

  Immediately he started to liquidate the position!

  5 million shares!

  5 million shares!

  5 million shares!

  ···

   Once again, the stock price of Midland Bank rose to 1.00 US dollars per share, and continued to rise to 1.3 US dollars per share.

  After closing the position, I earned 0.6 US dollars per share, making a total of 30 million US dollars. This is a good record, fast in and out.

  Following Bareck Bank, traders from Royal Bank of Scotland entered the market to buy bottoms!

  Buy a large amount of the shares of Midland Bank, and continue to push up the stock price of Midland Bank, all the way to 2 US dollars per share!

  And Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, Ju Debiao and others continue to short!

  5 million shares!

  5 million shares!

  5 million shares!

  ···

  The stock price of Midland Bank once again fell to $1.00 per share.

  But soon, the stock price rushed to 2.00 US dollars per share again, and then Li Songwei and others were overjoyed!

   Continue to short!

  Back and forth many times!

  Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin, Ju Debiao and others sold a total of 200 million shares, with a position of $1.5 per share.

   And the stock price also fell to $1.00 per share.

  There is a floating profit of 100 million U.S. dollars in the account.

  But they were not happy for long, and the stock price of Midland Bank rose again, rushing from the position of $1.00 per share to the position of $1.5, and then stood firm here.

  The profit in their account is now in USD.

  Fortunately, I didn’t lose money.

  Li Songwei opened the mouth and said: "Med Union Bank will go bankrupt within this week."

  You Zhenxuan: "I think so too"

  Jiang Jiwei: "The moment Heishan Group borrowed our stock was doomed to lose everything."

  Yue Runlin and Ju Debiao also agreed.

   "Yes, Heishan Investment Bank, hey, don't ask us to close the position when that time comes!"

  "They won't be able to bird them by then, haha"

  (End of this chapter)