Across the sea: I have a daily limit system

Chapter 295 Double the Closing Gain

Before, Citron shorted GME precisely because of this.

It will lead to a loss of tens of millions of dollars now.

on the venue.

Everyone is still discussing the issue of borrowing shares.

"What suggestions do you have for Pique's proposal?"

Ender looked at everyone.

The crowd shook their heads.

Agree.

Seeing that everyone agreed, Pique began to express his thoughts.

"Before, we had already borrowed 500 million shares from other institutions"

"It will expire in a few days"

"If the stock price continues to rise, our losses will be even greater"

"Only at this time, can the stock price be suppressed"

"Retail investors, as long as they lose money, they will take the initiative to leave"

Pique said.

Before, Citron and several institutions on Wall Street borrowed 500 million shares.

In a few days, it will expire.

If you retreat at this time, then you can only admit it.

Today is Friday, the last trading day of the week.

In other words, there are only a few trading days at most before they will return the stocks to each other.

If the stock price is not suppressed now, then as long as the stock price rises.

At that time, the pressure to repay the shares will be very high.

Therefore, at this time, the only opportunity is to suppress the stock price from the stock of the institution.

The crowd nodded.

Ander then said:

"You are right"

"But 2000 million shares, already accounted for GME's total share capital, is not a small amount"

"It is impossible for those institutions to lend us easily"

"Do you really have a way to borrow it?"

Ender was still a little worried about whether he could borrow stocks.

"Um"

"As long as the conditions we give are high enough, there will definitely be people willing to borrow."

"They don't have to take risks, we can do everything"

Peake replied.

Just finished answering.

Pique continued: "Currently, GME has four major shareholders, with nearly 4000 million shares. Based on the average, we can borrow 500 million shares from each of them."

"However, last time, we borrowed 500 million shares from Navigator, and we haven't returned them yet. This time, we must not be able to borrow any more."

"So, I can only continue to borrow shares from other companies."

"I estimate that at present, the goods in the hands of retail investors are only 20.00% at most"

"Also, their movements will definitely not be so consistent"

"As long as we have enough goods, we will successfully suppress the stock price"

Pique replied with great confidence.

The crowd nodded.

Ender immediately agreed, "Okay, let's do it."

"Please complete all of this before the market closes this afternoon"

At this moment, Ander was a little impatient.
After the meeting.

Wait for everyone to leave.

Ender looked at the electronic screen with a serious face.

At this moment, the stock price of GME has exceeded 27 US dollars.

Seeing this, Ender looked a little serious.

Time to step up and beat the stock price.

Can't wait any longer.
Hangtown!

late at night!

In the Taohuayuan Villa.

Chen Feng was sitting in front of the computer, watching the stock price trend.

Currently, the stock price of GME is trending strongly.

On the disk, GME buying is very strong.

There are very few people who take the initiative to sell.

It seems that today's closing price has a chance to break through [-] US dollars.

If, today's closing price can reach thirty.

Then, today's increase can reach [-]%.

2000 million US dollars can be turned into 4000 million US dollars.

Sure enough, the efficiency of making money is much faster than that of A shares.

Suddenly, Chen Feng came up with an idea.

Or just play US stocks every day in the future.

There is still no stimulus from the price limit
The next day.

Chen Feng slept until ten o'clock in the morning.

Since today is Saturday, it doesn't matter if you get up late.

The first thing I do when I wake up is to check the stock price of GME.

Chen Feng's prediction was right. Sure enough, the closing price of this stock has already exceeded 30 US dollars.

The closing price fell at $31.26.

The price of this stock rose by more than [-]% last night.

last night.

This stock has already been on the hot search of global news.

Of course, domestic news is also included.

It's not just the state media that's covering the stock.

Even most of the financial self-media are talking about this stock.

For this reason, many people have specifically explained why this stock has risen so much.

Most of them are young American retail investors from around the world, unite to deal with the institutional stock market.

Chen Feng browsed for a while.

Then, contentedly, he turned off the phone.
today is weekend.

You can rest assured for two days.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like