readytorunbook Chapter 181: Agreement to Close Positions, Earning a Huge Profit of 1000 Billion!
Chapter 181: Agreement to Close Positions, Earning a Huge Profit of 1000 Billion!
High school classmates chat group
Deng Ning and Wei Junjie posted screenshots—
[Screenshot of stock market profits - JPG]
[Screenshot of account balance - JPG]
[Wei Junjie @ Jiang Feng: Thank you, Brother Feng, for leading us to reap the rewards from Wall Street institutions and double our profits!]
[Deng Ning: Brother Feng is just daydreaming~]
[￣ Pan￣]
[Liu Lei: Holy crap! I made four million?!]
[Yu Bin: I'm so envious I could cry!]
[Zhou Chunhong: Envy +1]
[Yang Xiaoman: Envy +1]
[Bai Xiaofeng: Envy +1]
[T～T]
Fuck, I'm so envious! They never imagined that retail investors could outmaneuver financial institutions.
How the hell is that possible?
Blanching
[Jiang Feng: You're welcome. We have to thank the US government for printing money like crazy and giving subsidies to ordinary people. This has resulted in many retail investors having a large amount of funds, accounting for 19.5% of the US stock market, which is unprecedented. This is how retail investors had the opportunity to crush institutional investors.]
Holy shit.
That's it!
Have we missed another chance to get rich quick?
Aaaaaaahh ...
These old classmates were heartbroken and filled with remorse, wishing they could slap themselves.
"Damn, I'm such an idiot! Jiang Feng dared to mobilize all employees and relatives to participate, so he must be confident!"
"How dare I look down on Jiang Feng..."
"That's incredibly stupid!"
"Ahhhhhhhh~"
(?4?0?4?7?4?3)
Looking at the screenshots sent by Deng Ning and Wei Junjie, Xu Liang felt dizzy and almost spat out a mouthful of blood.
Invest 200 million and earn 400 million?
Hahahahahaha~
Hahahahahaha~
(T～T)
If I invest this 100 million and earn 200 million back, can't I invest in a mask factory and make money immediately?
A get-rich-quick opportunity is right in front of you.
I just missed it like that?
Hahahahahaha~
He laughed hysterically until tears streamed down his face.
Then she burst into tears.
The intestines are all regretful!
But the one who regrets it the most is Chen Mo, another classmate of Jiang Feng's in the dormitory. He became depressed after seeing Wei Junjie and Deng Ning earn millions in college.
We were roommates for all three years of high school.
Jiang Feng is worth billions!
Deng Ning and Wei Junjie also took off.
Six or seven million in savings!
He got his driver's license in his sophomore year of college, and now he owns an Audi. He's following Jiang Feng around, selling and buying masks, and profiting from Wall Street.
He was incredibly popular, and was pursued by both upperclassmen and underclassmen!
What's it like?
Chen Mo couldn't imagine it!
I once had the chance—
"If I had gotten along well with Jiang Feng and his friends; if I had spoken up for Jiang Feng; if I had lent him money, maybe the school beauty would be my girlfriend! Waaaaah~"
Unfortunately, it's too late to mend the fence after the sheep are lost.
蓉城
At the Lu family villa, Chen Wanqing smiled broadly, took out her phone and handed it to Su Yingxue and Lu Bo to show them the text message confirming the arrival of 300 million yuan. With this 300 million yuan, the company wouldn't have to worry anymore.
Su Yingxue clenched her fists and remained silent.
Jiang Feng actually guessed correctly…
Wall Street retail investors successfully profited at the expense of institutional investors!
How can this be?
How does he know?
Moreover, it was posted on WeChat Moments.
This…
I…
Am I really inferior to Jiang Feng?
Did I really do something wrong?
Su Yingxue was in pain, resentful, unwilling, and indignant. He clearly did not get into university, so why did this happen?
Lu Bo and his son were overjoyed and ecstatic.
He didn't notice Chen Wanqing's gaze—
fanaticism
worship
病态
She looked at Su Yingxue meaningfully—
Mother-in-law + Daughter-in-law
An unconventional mother and daughter?
I don't believe Jiang Feng can withstand this kind of stimulation!
Hmm~ (→_→)
At BlackRock Capital headquarters, Larry was dumbfounded. He never expected the battle between bulls and bears at [GameStation] to escalate to this point; it was truly unbelievable.
He had long anticipated that retail investors would defeat capital.
They even fueled the flames...
But to everyone's surprise, retail investors were so fierce, fighting a bloody battle with the short sellers and refusing to give an inch!
Castle Fund liquidated
Melvin's account was liquidated.
Citron Capital suffered a margin call.
Maple Forest Capital suffered a margin call.
...
After the short sellers are liquidated and unable to withstand the margin call, the brokerage firm needs to repurchase the shares to return them to the long positions.
however
Currently, bullish investors are unwilling to sell their shares, forcing brokerages to buy them at higher prices, which in turn drives up stock prices.
This has created a tragic situation of "empty space killing empty space"!
Massive short squeeze
Continue to push up stock price
Now, it's no longer just a matter of institutional investors being liquidated; the entire short-selling camp has been liquidated, losing everything.
Even securities firms are trapped and unable to get out!
The stocks they lent out.
There is no way to buy it back!
This is going to cause a huge problem...
If stock prices rise indefinitely, far exceeding normal levels, it will be a serious problem. Brokerage firms going bankrupt is not the worst outcome; the reputation of the US stock market will be affected, and it could even trigger a financial crisis!
We must help the brokerage firm liquidate its positions immediately.
As for the short-selling camp?
It has nothing to do with them anymore!
All positions were liquidated and everyone surrendered.
Account balance cleared.
The group is on the verge of bankruptcy.
The current priority is to help brokerages liquidate their short positions and resolve the short-selling issues. We cannot allow the stock price to surge unchecked, or the consequences would be unimaginable!
Because this is indeed a game of musical chairs, with subsequent funds rushing in to take over, pushing up the stock price hand in hand. When the funds run out, many people will lose everything.
BlackRock Capital is the first to be willing to sell its shares.
Furthermore, they contacted the largest shareholder—
Jiang Feng!
Larry felt extremely annoyed. What was supposed to be a test had unexpectedly turned into a huge gift for Jiang Feng.
Shit
Based on the current stock price ($330), Jiang Feng's shares are worth a total of 1100 billion RMB.
After deducting costs, the net profit is 1000 billion yuan!
Approximately US$150 billion
╮(╯_╰)╭
He dialed the number helplessly: "Jiang, congratulations, things have turned out unexpectedly, I never expected it either!"
"Your strength commands my respect."
"But your luck amazes me even more!"
"Ah~"
Jiang Feng wanted to make a joke, but hearing his long sighs, he figured he was already quite upset, so there was no need to go too far.
He smiled frankly and admitted, "Yes, that's right, I've always been very lucky, but this time I have to thank BlackRock!"
Larry wasn't going to beat around the bush either.
Let's get straight to the point—
"Jiang, all the short sellers have been liquidated, and the long sellers are unwilling to sell their shares. This has created a situation of short selling against short sellers, with a large number of short sellers running for their shares, which is constantly pushing up the stock price."
"It has gone out of the normal range!"
"We must find a way to solve this."
"Otherwise, the consequences will be extremely serious!"
"You should understand that this is a game of musical chairs. If the stock price continues to soar far beyond the normal range, the brokerage firm may go bankrupt! The capital chain will break, the bubble will burst, and a large number of investors will lose everything! The stock market will inevitably fall into turmoil."
"It could even trigger a financial crisis!"
"It's not in our best interest."
"And by then..." (you know what I mean)
"I hope we can all put our stocks on the table to help brokerages close out short positions, suppress stock prices, and stabilize the market."
"The price, stay at the current price!"
"what do you think?"
Jiang Feng checked the stock price: $330
He readily agreed!
"No problem, I'd be happy to help."
$330 is already very high. If you can sell everything, you can easily make $150 billion. How comfortable would that be?
.