Across the sea: I have a daily limit system

Chapter 307 Continuous Suppression

The door was pushed open.

It was Pique.

Citron executives who advocate shorting GME.

"What's going on, what's going on over there?"

Ander asked anxiously.

Right now, because GME's stock price is up.

The 500 million GME shares borrowed before have now lost $20 per share.

In other words, in just a few days, Citron has lost 1 million US dollars.

This does not include interest.

Moreover, the time to repay the shares is getting closer and closer.

At this time, if the stock price continues to rise, then they will definitely continue to lose money.

Regarding Ender's question, Peake didn't seem particularly nervous.

After all, he was also a trader before, and he seemed relatively calm about the stock trend.

"Mr. President, please don't worry"

"Our people are now going through the formalities with several major shareholders of GME. It is estimated that within half an hour, we will get the 2000 million shares."

Pique replied calmly.

I didn't even look at the stock price in front of the screen.

He only knew that if he had 2000 million shares, he would definitely be able to suppress the stock price.

After all, the stock price of GME only has 7000 million shares.

2000 million shares, there is absolutely no problem in suppressing the stock price.

This point, he can guarantee completely.

Retail investors in the United States have not yet united to this point.

"Okay, please finish it as soon as possible"

Ender couldn't wait.

At this moment, he was already sweating in his heart.

You know, this company was built by him alone.

Pique has only been here for a few years. Even if the company loses money, his salary is still good.

But it was Ender who suffered the loss.

Therefore, the mentality of the two people is different.
"It's ok"

Pique returned to his trading room.

Looking at the board calmly.

It also looks more stable.

Just wait for the borrowed stock to be transferred to the company's account, so that it can start to suppress the stock price.

At the same time, on the disk.

GME's stock price, when it fell to 35 US dollars, began to hover.

Peake in front of the computer smiled slightly and thought to himself: It seems that these retail investors only have such a little strength.

Immediately, he flipped through the transaction records.

Judging from the large orders that were actively sold.

There are already many institutions on Wall Street that are beginning to suppress stock prices.

"Hmph, they're just as I thought"

"I can't sit still anymore, and started to suppress the stock price"

"Just to my liking"

Pique smiled to himself.

Yesterday, he had specifically contacted several Wall Street hedge agencies to short this stock together.

At present, they have already started to act.

It just so happens that Wall Street's joint action to deal with those small investors is simply crushing.

Pique thought so.

After half an hour.

When the borrowed stock has arrived in the account.

A knowing smile appeared on Pique's face: It's finally here.

At this time, the stock price of GME has been suppressed by other institutions to around $30.

If we continue to suppress at this time, then it can be said that we are chasing after the victory.

The first crackdown began to appear.

The price is $29 and the quantity is 50 shares.

The stock price was hit to 29 yuan in an instant.

This is the advantage of making a lot of money.

Basically, the control panel can be realized.

A large sell order of nearly 500 million US dollars.

In the market, except for institutions, no one can borrow it all at once.

Moreover, most of the GME holdings are retail investors with funds below US$5.

They simply don't have the strength to take so many orders at once.

However, many retail investors also emerged on the market, taking risks to follow up.

Small and medium-sized buy orders for hundreds of shares and thousands of shares began to appear.

For five or six minutes in a row, the more than 6 shares have not been bought.

Pique smiled.

Unexpectedly, it was so easy.

Originally, he thought he needed 2000 million shares.

But now it seems that with at most 1000 million shares, he can knock down the stock price.

At this moment, he was thinking about a question.

In early trading, financial institutions on Wall Street have already begun to suppress.

Therefore, retail investors still dare not take too much risk to follow up.

Just keep the stock price down.

Then buy it back. In this way, not only can you earn back the money you lost before, but you can also get a lot of profits.

Thinking of this, Pique hit the keyboard again.

Put the selling price at $28.

That way, too, no one will buy it at $29.

The ones that have not been sold just now will naturally fall into the hands.

On the disk, there must be fewer and fewer active buying orders.

Obviously, everyone can see clearly.

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