Chapter 31 This time I beat the short seller violently
"I can't go to school and I don't reply to messages. Where did Ishigami go?"
Iino was so irritated that she scrolled up and down on her phone. The page was the chat section between her and Ishigami. There were no replies to the messages she sent last night, let alone the ones this morning.
Last night at 21.45
"Ishigami, are you home yet" (unread)
Last night 23.58
"Good night and go to bed early, Ishigami" (unread)
9.40am
"Ishigami, are you feeling unwell? Why did you ask for leave today?"
"Why don't you reply to me?"
Iino never thought that one day he would be so upset because someone else didn't reply to messages, let alone that person was Ishigami.
She was lying on the table, her silky tea hair a little messy, because she didn't even feel like combing her hair when she got up this morning.
well
Suddenly she heard her phone vibrate, and with a quick movement of her little hand, she immediately unlocked the screen, but soon she was lying on the table helplessly.
"no."
just a piece of news
She was bored anyway, so she leaned on the table and clicked on the news.
"Shocking! This toy manufacturing company single-handedly fought against 8 Wall Street short sellers, and its stock price rose 235% that day."
What a headline, how could it be so outrageous? Speaking of which, Ishigami's family must be from a toy manufacturing company. Suddenly interested, Iino continued to scroll down.
As a result, we saw the first row, Wandailu Toys Co., Ltd., with an opening price of US$65 and a closing price of US$217.75, with a current market value of US$40.2 billion. Iino's eyes suddenly widened. (Set Ishigami to be listed on Nasdaq)
Holy shit, it’s really Ishigami’s company!
The cause of the matter was the headline that suddenly appeared in the Wall Street Journal last night. Hunqiao, the world's seventh-ranked hedge fund, announced that it would short Wandailu and produced a research report, pointing out that Wandailu's stock price was inflated and its cash flow was insufficient. The research The cost is high and the report is 120 pages long.
For a time, various institutions responded one after another, and even the Black Bridge Research Company, owned by the eldest son of the fourth house, Huang Guang, the fourth house, also joined this gluttonous feast and wanted to take a bite of the meat.
Wandailu, which is at the cusp of the storm, is in danger and no one is optimistic about it. Some investment banks have already listed large transactions at a discount of 20% or 30% before the market opened, hoping to close the deal.
Many people regret that this old toy manufacturing company will be severely damaged in this sniper attack, and its lifespan is about to come to an end. Perhaps being absorbed by other game companies is the final outcome.
And it was Ishigami who was ordered to face the crisis and create this impossible miracle.
When he was at Iino's house, his brother called and said that the family's company had been sniped, and it was a hungry wolf from the other side of the ocean.
Ishigami is not only the chief financial officer of his family company, but also a top trader. He operates things like stock index futures.
After spending 5 minutes in the car reading the 120-page report, Ishigami felt that it was purely fabricated, especially since the research and development costs were high. How expensive was it to develop a plastic figurine?
It was already past 8 p.m., less than three hours before the U.S. stock market opened. (The time zone difference is 13 hours)
This period of time is quite tense. Ishigami must know how many of his own company's stocks are held by short-selling institutions and how much funds are aimed at his own company. These things are very troublesome and are equivalent to the existence of the opponent's trump cards, but Alli must be found out.
When the market opened, the stock plummeted by 7%. Good guy, it was really killing without blood. This was largely the result of heavy institutional selling.
The easiest way to make a stock fall is to place a large number of sell orders to wipe out the buy orders in the market.
For a time, the bulls were directly pinned to the ground by the bears.
Simply relying on the cash flow in the hands of the company will definitely not be able to compare with those wealthy hedge funds. However, Wandailu Company has a very scary advantage, that is, it has a very large number of fans.
What Ishigami wanted to do was to sell miserably. He asked Ai Li to open hundreds of thousands of small accounts and go to major forums to spread the word. If Wandailu loses this game, the consequences will be that whether it is your former "wife" (figure), Or the future "wife" is all gone.
How can these fans endure it? They are trying to steal my "wife", right?
He contacted several zero-commission trading platforms and directed these angry fans to buy his own company's stocks.
If the stock goes up, fans can still buy their favorite "wife" if they sell it. Both parties feel that there is no loss, that is, it is a bloody gain.
That night, all the fans were bragging about how many tens of thousands of Dailu stocks they had bought and how much they had contributed. If you bought less, you would be looked down upon and said you didn't love your "wife" enough.
Then Ishigami and another group of long-side hedge funds that smelled the smell of blood bought a large amount of stocks that were supposed to be lent to short-sides, squeezing the sellers' living space in the market.
Eventually leading to forced liquidation of short positions
Ishigami’s practice is called predatory trading. He took advantage of the restrictions on market liquidity to trap short sellers and take the opportunity to push the stock price up. When a short seller closes his position due to stop loss, he is the biggest profiteer.
Ishigami's operation even allowed the short sellers, led by Hunqiao Fund, to break Wall Street's record for the largest single-day loss.
The main reason is that I want to stack buffs for the protagonist, and I want everyone to think that Ishigami is a treasure boy who can fall in love, flirt, snipe, fight, and play stock index futures. Let me know if you have any ideas for next time. . It’s best to give everyone that kind of image. There’s nothing Ishigami can’t do except give birth!