Chapter 659 The final shock

   "You're done, the final blow will be executed tomorrow!"

After carefully listening to Congressman Rogers' speech, Soros suddenly punched his fist, his face showing ecstasy, "Now Stanley is completely over, even if the Chinese want to invest in Goodman now, I'm afraid it's impossible In this way, no matter whether it is Stanley or Goodman, without the most likely overseas buyer, there should be few to support."

  Affected by Soros’ emotions, other people watching the speech also became excited, discussing the impact of this speech on the market tomorrow.

   "Even if Mr. Congressman's speech fails to achieve his goal in the end, as long as it is delayed for a while, I am afraid that under the current situation, Stanley and Goodman Company will not last long."

   "Yes, if I were a customer of Stanley or Goodman, I am afraid that I would also consider withdrawing funds from their brokerage accounts by now."

"Drukenmiller has withdrawn funds from Goodman's account, and it is difficult for a big man like him to feel at ease, let alone others. I think we should add more fuel at this time to let This fire burns hotter."

  …

   While everyone was discussing enthusiastically, an untimely voice suddenly sounded, "Gentlemen, what happened to the sniping at the $40 position today? Have you ever thought about it?"

   The speaker was Rodney Jones. The economist who was previously in charge of Asia-Pacific affairs has been transferred back to the US headquarters to be responsible for the research on global macro strategies, and has also been promoted to a full partner.

  Amid the frenzy among the crowd, only he maintained his rare calmness, which was inseparable from his position. According to the internal review of their department, it was found that the funds to snipe them in the market were quite strong. Not only did they abruptly eat up their offensive, but also reversed the trend of the market, so that their original tactical intentions were not fully reflected.

   This was almost a major blow to their trading strategy. Fortunately, Soros's series of punches finally came out at this time. Coupled with today's abnormal fluctuations, the overall strategic goal was finally achieved.

   "This should be Stanley's own people playing tricks!" A senior trader said subconsciously, but the next moment he realized that something was wrong. According to the current financial situation of Stanley, they don't have such a big hand. That is, they will not spend such a large sum of money to defend their stocks.

   "Let's make a few assumptions!"

Rodney Jones ignored the trader, and said to the others with his fingers, "First, it is naturally a spontaneous reaction of the market, or a long idling, which is all possible. After all, the stock has fallen so much in the short term. Powerful, there is a great opportunity for arbitrage. The second situation is a little bad, that is, one or more hedge funds may join forces to eat up the empty orders we sold, and then storm the rise. This may be their program trading, or it may be It is artificially caused. After eating such a large number of stocks, I believe they should be unsustainable. The worst thing is, if there is a consortium at the same level as ours, and we are also eyeing Stanley stocks, we may lose There's big trouble."

   "What is our position now, and what is the average price?"

   Hearing what he said, Soros faintly sensed that there was a little danger, but he didn't care too much about it. After all, the entire market trend is now being secretly controlled by him. Just in case, he still needs to know the specific position situation.

"After a day's operation today, our average short price has been reduced to 67 US dollars, and the total position is about 2.5 billion US dollars. This position is really a bit too large and too aggressive. In addition to these, we also bought a lot of them CDS and short-selling options, the cost of this aspect is about 40 million US dollars, and the overall value is 1.2 billion US dollars. I am very worried that we have not adopted a hedging strategy on Stanley stock. If Stanley's stock reverses, we will The loss will be enormous."

  It is unbelievable to say that such a large position is not hedged, but this is in line with Soros's consistent style, that is, if he is sure about shorting, he will go short to the end recklessly, leaving no retreat for himself.

Originally, the average short selling price of Quantum Fund was above $90, but with the help of the avalanche of short selling yesterday, the traders of Quantum Fund sold frantically at a low level, which actually lowered the overall price to nearly $30. I have to say They're pretty wild today.

Facing Rodney Jones' side-by-side reminder, Soros didn't take it too seriously, which is also due to his character, "Don't worry, the market will go as we expected. Now what we need to do is to continue to Let the market know that Stanley's downfall is imminent."

   "Maybe we don't need to push, Stanley may have screwed up in these two days!" Soros was full of confidence.

  …

  The next day, Thursday, as Soros expected, the sentiment of the entire market was completely mobilized by the report of Congressman Rogers.

The "Wall Street Journal" reported in a large page: Henry Paulson's financial rescue policy is very likely to encounter troubles, and Congress will not easily approve it. Enterprises facing troubles will not be rescued in time. The financial crisis triggered by the subprime mortgage crisis will It soon fermented to other industries, and then formed a large-scale economic crisis. The depression of the US economy seemed inevitable.

   "New York Times" reported: For a long time, the contradictions between Congress mainly exist between the Republican Party and the Democratic Party. Generally speaking, no matter which party's candidate comes to power, the party will spare no effort to support it in Congress. But this time there are rare contradictions within the Republican Party, which is jaw-dropping. In addition to being surprised, we will continue to pay attention. Regardless of the final outcome, how Paulson's rescue plan will develop will have an extremely serious impact on the US economy.

  Bloomberg, which is more professional, directly focused on the speech of Congressman Rogers. In their comments, they bluntly declared that Stanley was in big trouble. If they can't be resolved in time and quickly, it is very likely that it will be the next large Wall Street investment bank to fail after Lehman Brothers.

  With newspaper reports, the prospects of Stanley and Goodman's company were immediately bleak and became an object that everyone avoided. This sentiment was also faithfully reflected in the stock market. When the stock price of Stanley Company opened, it immediately fell from $81 in the previous trading day to $72. This was only after the opening.

   Soon Stanley’s stock price began to fall all the way, falling below $70 after half an hour, and then falling all the way, falling below 65, 64, 63 and other integer marks one after another, and finally reached the $60 mark during the morning break.

  The reason for this performance is largely because the performance of the strong support funds the day before shocked the market, making them afraid to sell too much.

  The afternoon session continued, and the stock of Stanley continued to fall, and there was no sign of any momentum to stop the decline. Seeing that the funds were still not in the early stage, the short side began to gradually increase their positions and increase the intensity of short selling step by step.

   "Zhong Sheng, shall we still make a move?"

  Late at night in Hong Kong, the offices of Tianyu Fund are still brightly lit. In fact, there are quite a few offices with lights on in the second phase of IFC. The global market is currently in turmoil. For market adventurers, this is an opportunity. Traders work together day and night, looking for every possible profit opportunity.

Facing Jiang Shan's inquiry, Zhong Shi frowned and thought for a while, before finally waving his hand, "Since our position was almost flat yesterday, don't interfere with Stanley's stock price anymore. Now is the time for John Mark to have a headache. "

  Zhong Shi has been observing the trend of Stanley's stocks, but their performance has been mediocre, although Zhong Shi knows that there are several crocodiles lurking under the calm lake, ready to attack at any time. Once upon a time, Tianyu Fund was also a member of it, but after confirming that Soros was also among them, Zhong Shi has quietly changed his mind, and one of the moves was to match John Mark and Gao Dongfang.

   Sure enough, when Huatou's people appeared in New York, Zhong Shi knew that there was not much time left for Soros, and success or failure could only be achieved within a few days. When Stanley's company plummeted last night, Zhong Shi realized that Soros had made a bold move.

The stock price fell to $40. Tianyu Fund made a decisive move and used more than $1 billion to stabilize the falling momentum of the avalanche. Then it frantically swept goods between $40 and $80, and once again swept in more than $1 billion in chips. In just a few days, more than US$2 billion was spent to bring Stanley's stock price back to its original position.

  Combined with the slow liquidation of positions in the market before, the original short position of Tianyu Fund in Stanley has been flattened, and there are only hundreds of millions of dollars in positions. Tianyu Fund’s previous short position in Stanley stock was around 100 US dollars, with a total position of 5 billion US dollars. After this liquidation, they have earned nearly 1.5 billion US dollars, with a yield of about 30%, which is quite a sum. prosperous profits.

"If we sell at this time, we can lower the average closing price by a few dollars." Jiang Shan muttered softly, "Although you don't care about this little money, it is an astronomical sum for us. !"

  His voice was small, but it happened to be heard by Zhongshi and others. But the others didn't have his thoughts. Instead, they looked at each other and smiled in unison.

   The laughter was a little creepy, and Jiang Shan's scalp felt a little numb when he heard it. When he looked at other people, he found that they were also staring at him with strange expressions, which made him even more puzzled.

   "Relax, basically what Zhong Sheng said means that he has a follow-up plan." A trader couldn't stand it any longer, and took the initiative to explain, "If you don't believe me, just continue to observe."

   "Not bad!" Zhong Shi also explained, "Don't worry, I'm waiting for a call, a call that will change Stanley's fate."

   Before the words fell, the phone in his arms rang. Zhong Shi took out the phone and looked at it, and a smile appeared on his face, "Look, someone really can't sit still!"

  Although he wanted to know who made the call, Jiang Shan walked out of the office obediently. He has a lot of doubts in his mind, but he knows that now is not the time to ask.

"Zhong, we are in big trouble. It is impossible for Huaxia people to cooperate with us. Even if we sell shares cheaply now, it is impossible to pass." John Mark's panicked voice came clearly through the microphone, "And just Now, our stock price has plummeted, and it is almost out of control."

"This is really bad!" Zhong Shi was already laughing in his heart, but on the surface he still maintained his due seriousness, but the next sentence revealed his true heart, "But what does all this have to do with me?" ?”

   "Yeah, what does it have to do with you?" John Mark was stunned.

  Yesterday he was just in a hurry, but after the treatment of his private doctor, he is fine today. At this time, even if there is something wrong with his body, he can only persevere despite his illness. Now he is really "seeking medical treatment in a hurry". When he saw Stanley's stock price being attacked wildly, his first reaction was to ask Zhong Shi for help.

  But what he didn't expect was that the other party rejected him outright. This was beyond his expectation, and it also made him unable to say what he had prepared.

  For a while, he was so anxious, but he couldn't say a word.

   Thank you book friends for poisoning you thousands of times, Jiangnan Liu Feiyan, Nanquan 99, and shujf for voting monthly! After such a long period of downturn, it has finally eased up a little bit, thank you very much for your continued attention. The author strives to work hard this month, and hopes that more book friends can support this book~

  

  

  (end of this chapter)