302 Exciting Moments! Make $1 Billion!(1/4)
At 8 o'clock in the evening, the atmosphere in the Black Shirt Insurance Company headquarters and trading room was tense and a little depressing.
Wang Guanxi sat alone drinking Longjing tea, leisurely and comfortable, as if everything was under control.
In fact, he was also very excited inside because of his calm appearance.
There is still one and a half hours for the U.S. stock market to open.
Fund No. 3 has $3.4 billion in its account, borrowed $3 billion worth of Wells Fargo and will short it tonight.
The financial market is unpredictable, and the US stock market may continue to plummet or surge tonight.
The machoes are all staring at the latest news in the United States.
Because there are many uncertain factors brewing in the market, the financial market may change at any time.
“It’s really exciting”
"I don't know what will happen tonight."
"The US stock market plummeted last night. Will it soar tonight?"
"Damn, if it soars tonight, wouldn't we be very at a loss when we short Wells Fargo?"
"What are you suffering from? The surge will allow us to short Wells Fargo at a higher level."
Currently, Wells Fargo's stock price is at $30 per share. If it soars, wouldn't it be very convenient for Blackshirt Insurance to short?
"It makes sense, haha, I hope the U.S. stock market surges tonight and then let's short Wells Fargo stocks at a high level"
This time, the price of 100 million shares of Wells Fargo was borrowed. According to the market price, it was worth $3 billion.
Selling stocks worth $3 billion will require a lot of capital to take over.
Of course, it's best to sell out tonight.
If you can't sell out, you will continue to sell out tomorrow night and the night after tomorrow.
"This Indian must come to stop us tonight"
"Come on, fuck them to death"
"I don't know if the stock market will surge or plummet tonight."
At this time, news came one after another.
[US Treasury Secretary Paulson said he would use all means to protect the financial market]
After the House of Representatives rejected the government's rescue plan, U.S. Treasury Secretary Paulson claimed that he would use all available means to protect the financial market.
[The US Congress and White House leaders plan new market rescue plan]
Senior members of Congress and White House are now trying to develop a new rescue plan after the U.S. House of Representatives rejected the Treasury Department's $700 billion rescue plan.
It aims to attract members of Congress who are reluctant to pass the rescue plan to alleviate the current financial market crisis.
The morning after the House voted 228 against and 205 in favor on Monday, House Majority Leader Steney Hoyer said: "We can't watch it on the wall."
As the House had no meeting schedule before Thursday, Congressional leaders and Bush administration officials are seeking changes to the bailout plan to win enough votes of favor.
U.S. President Bush will issue a statement on the rescue plan at 8:45 ET (20:45 ET) on Tuesday.
Monday's vote result triggered a massive stock market sell-off, pushing the Dow Jones Industrial Average down 777 points, the highest single-day decline ever.
The results of the House vote and the subsequent market reaction shocked the top government officials, but it seems that there is no timely solution yet.
At 8:30, the good news came again.
Democratic presidential candidate O'Palma issued a statement saying that members of Congress should not "start at the starting line" when weighing how to take the next step.
He proposed a revision of the rescue plan, which would increase the amount of federal deposit insurance in bank accounts from $100,000 to $250,000.
This measure will boost small businesses, make the U.S. banking system safer, and restore the confidence of the U.S. public in the financial system.
Treasury Secretary Henry Paulson warned that the credit tightening would have an impact on U.S. businesses, noting that individual consumers will have a harder time to access education and auto loans.
"We have to act as soon as possible to accomplish something."
But this sense of urgency is not a common phenomenon. Many lawmakers who oppose the rescue plan strongly believe that the plan uses taxpayers' money to save financial institutions that are struggling by their own mistakes, a price that is too expensive for taxpayers.
Still stalemate.
"Tonight's TV speech by President Bush will play a key role in the stock market."
"It must be a good stock market."
"Maybe it's a bad stock market. If his speech does not boost market confidence, then the stock market will still turn around and plummet."
"Yes, it's all for tonight"
"I hope the stock market will soar, so let's short 100 million shares of Wells Fargo stocks at a high level."
At 8:45, the real big hit came.
US President Bush delivered a televised speech, saying that the $700 billion rescue plan was not approved by the House of Representatives and was not "the end of the legislative action."
He warned Congress that action would have to be taken, otherwise it would have caused "painful and lasting" damage to the U.S. economy.
The president pointed out: "I know it is a difficult choice for members of Congress, but the current situation is critical." If Congress fails to pass legislation, "the situation will become increasingly sinister."
He called on lawmakers to return to Congress to pass the legislation.
Bush will lead Treasury Secretary Paulson and other economic advisers to discuss the next action plan with leaders of both parties in Congress.
This has greatly increased the confidence of investors in the financial market!
"Damn, good news is here"
"I'm paralyzed, I'll buy the US stock market at the bottom at the opening."
"Fuck, the big news is here"
"I really lost to me last night. I should be able to make a lot of money tonight, right?"
"This stock market should be able to rise for many days"
"Haha, the stock market will surge for one three days and it won't end until Thursday"
“Absolutely yes”
"Just wait for the stock market to soar"
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Black Shirt Insurance Company, Wang Guanxi, looked at such good news and felt very excited.
Global stock markets will soar this time.
Currently, the No. 1 Fund is shorting the Hang Seng Index, holding a total of 60,000 short orders, and its position is in 19,950.
The U.S. stock market soared, and the Hang Seng Index also soared the next day, and the profits on the No. 1 Fund's books will be reduced a lot.
Fund No. 2 shorted Citibank, holding 5 million short orders, and built a position at $213 per share. The US stock market soared, and there would be a lot of profits on the books.
Blackshirt Investment Bank has made 200 million shares of American Bank's stock, with a position of $1.5 per share, and will benefit tonight.
Now the No. 3 fund will short Wells Fargo. The stock market has soared and is just right for shorting at a high level.
"After the opening of the U.S. stock market, if Wells Fargo's share price hits above $38.00 per share, we will start shorting Wells Fargo!"
The stock market has not opened, but there has been heavy positive news, boosting confidence in global stock markets. Wells Fargo is an international bank, and its stock price plummeted to $30.00 last night because the US Congress rejected a $700 billion bailout plan.
With such good news tonight, Wells Fargo's share price will definitely soar.
But Wang Guanxi is not sure how many US dollars have soared, so he can only make an estimate and then short Wells Fargo's stock at a suitable position.
He thinks that Wells Fargo's share price rose to $38.00 per share and is very suitable for short selling.
"It's paralyzed. If the Indians have sex, they keep buying it. Let Wells Fargo's stock price surge. Let's see if I don't trap you."
This time, the Blackshirt Insurance Company borrowed a total of 100 million shares, of which 50 million were borrowed by Indian Industrial Trust Investment Bank. The information that Indians can know is that the Blackshirt Insurance Company borrowed 50 million shares.
Indians don't know other information.
I don’t know how much money Blackshirt Insurance Company has used to short Wells Fargo and how many shares it has borrowed.
If Indians just think that Blackshirt Insurance Company has only borrowed 50 million shares of Wells Fargo, then it would be too underestimated by the strength of Blackshirt Group, which would definitely cause Indians to suffer a great loss.
"I hope these Indian idiots underestimate our strength this time, and then buy it at the opening. I will trap them at the high level at one time!"
Although the No. 3 fund custodial under Blackshirt Insurance Company shorted Wells Fargo's stock against the trend tonight, it was not shorted as soon as the market opened.
Instead, wait until Wells Fargo's valuation price reaches $38.00 per share before taking action.
If Indians really underestimate the strength of black shirt insurance companies, that would be really great.
"These Indians say that I am a nouveau riche, so I'll mess with you this time."
Nouveau riche, nouveau riche!
When Wang Guanxi thought of these three words, he was very depressed and took a sip of herbal tea!
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At this moment, dinner was over in the Peninsula Hotel.
To be continued...