Rebirth of the Financial Crisis Sweeping the World

Chapter 477: 477 floating profit of 5 billion US doll

  Chapter 477 477 floating profit of 5 billion US dollars!

  The next day, July 16.

  Large technology companies will announce positive results, and US stocks closed higher again on Thursday.

  The Nasdaq Composite Index, which has a large share of technology equity, has risen for 7 consecutive trading days and closed at a new high since October last year.

  The Dow Jones Index also rose by 100 points.

   rose from the 8600 position to the 8700 position.

  No. 1 Fund has a floating profit of 800 points on the book, a total floating profit of 4 billion US dollars.

  The net value of the account is as high as 9.8 billion U.S. dollars.

  Wang Guanxi was very excited and said: "It's about to break 10 billion US dollars."

  Wu Zhanhai said excitedly: "BOSS, this time I will definitely make more than 5 billion US dollars."

  Wang Guanxi smiled and said: "Not necessarily, I hope to make 5 billion US dollars."

  Wu Hongsheng: "Boss, Soros and others have not run away yet, waiting for them to run away, the Dow Jones Index will definitely skyrocket by a few hundred points"

  Li Guangyu also said: "If the Dow Jones Index rises by another 100 points tomorrow, Soros and others will definitely run away!"

  Wang Guanxi smiled and said: "Soros, Feld, and Milos Messi must be very unwilling. I think they are still resisting and don't want to retreat."

Lu Jianyan said: "BOSS, Soros and others have a high position to open positions, but the Dow Jones Index has rushed to the 8700 position, and it is still 300 points to the 9,000 position. If they do not close the position tomorrow, it will be too late. I will definitely lose money at the time."

  Guan Zhenyi also echoed: "Just waiting for Soros and others to liquidate their positions, and then the Dow Jones Index skyrocketed, making Wells liquidated."

  Lin Jiyang also said: "I don't know how much funds are available on Wells' books, and how long will it last?"

  Wang Guanxi took a sip of tea, "It should be coming soon, this Wells rose last year, this year I will beat him back to the prototype"

  Stephen Steno: "This Wells made a lot of money when the financial crisis broke out last year and swallowed a US-made commercial bank. This time it will suffer a lot from us."

  Alan Fishman also said: “After the explosion of Wells this time, the American Commercial Bank was just swallowed by us to make up for our lack of banking power in the eastern states of the United States.”

  Wang Guanxi nodded: "I hope that this time, Wells will be blown up in one fell swoop, and we will take down the American Commercial Bank!"

   Generally speaking, if you control a large company, you don’t have much money if you only rely on annual dividends. The bulk of the profits actually come from the appreciation of stocks.

  Like Ford Motor Company, today’s stock price has rushed to $7 per share. The 1.5 billion Class A shares held by Wang Guanxi are already worth $10.5 billion.

Then Wang Guanxi said: "This U.S.-made commercial bank emerged from the financial crisis, and its stock price has risen a lot. Wells has made a lot of money on the books and the price is right. If he is short of money, It will definitely be sold to us!"

  Everyone is looking forward to it.

   "Yes, just waiting for Wells to sell out"

   "Hurry up and liquidate your position!"

  ···

  At this moment, the American Commercial Bank, Wells's heart is more and more desperate.

  Today, big technology companies have announced very good results.

  The stock market rose sharply.

  The Dow Jones Index rose by 100 points, and now it is firmly established at 8700.

  He holds 600,000 long orders in his account!

  The position of opening a position is at 8250, with a floating loss of US$2.7 billion.

What should we do now?

  If the position is closed, it will cause the Dow Jones Index to continue to skyrocket, and he may lose more than 4 billion US dollars.

  If the position is not closed, there will not be much available funds in his account. If the Dow Jones Index continues to surge upwards, he may close the position.

  He is not reconciled.

   "Oh, what is it?"

  "Sell the controlling rights of the American Commercial Bank? Anyway, the stock price of the American Commercial Bank has risen a lot recently, so just sell it."

  Wells struggled and refused to give up his power to make banks in the United States.

  He finally bought this century-old bank, intending to turn it into his own family business and continue to operate it slowly.

  But I didn’t expect this time to capsize in the Dow Jones index and face the risk of liquidation.

   "Forget it, let's continue to fight, the Dow Jones Index may not continue to skyrocket, as long as I don't rush to the 9000 position, I will be fine"

  The Feld Group Building.

  Soros, Feld, and Milos Messi were completely panicked.

  Today, the Dow Jones Index rose by another 100 points, reducing their profit on the books.

  Moreover, big technology companies have announced good results, showing that the economy is recovering and the stock market is also rising. It really frightened the three.

  Soros: "At present, the Dow Jones Index has gained a firm foothold at 8700. We should retreat. Otherwise, the Dow Jones Index will continue to rise and we will lose out."

   Feld sighed; "Unexpectedly, the economy has really begun to recover. This time we made a mistake in our judgment, but fortunately, there is still a surplus on the books."

  Milus Messi also sighed: "I didn't expect the Dow Jones Index to really bottom out. It is so strong. It seems that we are really going to retreat. This time, the Black Shirt Investment Bank laughed."

   Soros nodded: "If we close the position, the Dow Jones Index will continue to skyrocket, and the Black Shirt Investment Bank will make more money."

   Feld angrily said: "Damn it! It's a bargain for them."

Milos Messi also said angrily: "This black shirt investment bank is really copying the bottom. Alas, we just closed our position when the Dow Jones Index fell to 7700. At that time, we had a lot of money. "

  Soros: “It’s useless to say anything now. Let’s close the position when the stock market opens tomorrow.”

  "Then close the position at the opening tomorrow"

   "Oh, close the position, it's done in two balances!"

  At this time, Morgan Bank also released its results.

  The JPMorgan Banking Group, the second-largest bank in the United States, announced its financial report for the second quarter of the 2009 fiscal year on Thursday.

  The report shows that as investment banking service fees hit historical highs, JPMorgan’s net profit has increased for the first time since 2007, exceeding analysts’ most optimistic expectations.

  The bank’s net profit for the second quarter was US$2.7 billion and earnings per share were 28 cents. This performance increased by 36% over the same period last year.

   is good news for the economy again.

  Soros said anxiously: "We are going to close all short orders, and it is best to close all the short orders tomorrow."

   Feld said: "Then we have to do more after closing the position?"

  Milus Messi said: “You don’t have to do too much, just watch it quietly. I plan to mobilize funds to short the Dubai stock market”

   Soros nodded: "Close the position tomorrow, and then mobilize funds to go elsewhere!"

  The next day, July 17, the stock market opened.

  Soros, Feld, and Milos Messi closed their positions in large sums.

  The Dow Jones Index soared!

  8750

  8795

  8825

  8845

  8867

  8900

  Huntington Bank Building, Wang Guanxi was very excited. Now the No. 1 Fund has a floating profit of 1,000 points on the book, a total floating profit of 5 billion U.S. dollars, and a net worth of 10.8 billion U.S. dollars.

  But the Dow Jones index has continued to rise!

  8922

  8935

  8948

  ··

  (End of this chapter)