Codex of the Old Gods: I Have a World
Chapter 437: Selling Wave (Page 12)
Don't look at Jesse Livermore and Thomas W. Lawson, when they faced Fritz Heinze and the others just now, they looked like they were sure of victory.
But when people are in the game, as long as the result is not announced, they will still be frightened.
In particular, they use borrowing and leverage, and if they do not do well, they will lose everything.
Now, they come back and forth, even if they stop, they have already made enough money.
The old guy is taciturn, but by no means a kind person.
He sneered: "Mr. Ice King, and Mr. Copper King, you guys are ridiculous. Who is manipulating the stock market? There are so many people present, and everyone is commenting. Who is it that warns short sellers on Wall Street not to mess with them?"
In Richmond, Virginia, JP Morgan frowned as he held the telegram brought by his secretary.
But he is not a living Bodhisattva.
If panic has formed now and there are no takers at all, then at least we should find a way to hedge the risk by going short.
He only said half of it, but Fritz Heinze knew the other half: Sell!
But Charles Morse, Fritz Heinze and Otto were not so calm.
They just lamented Zhao Chuanxin's calmness, which was the style of a general.
Everyone was smiling happily, and stars were surrounding the two of them, trying their best to praise them.
The crisis of the leeks is the carnival of the giant crocodiles.
I witnessed with my own eyes how Thomas W. Lawson and Jesse Livermore manipulated this group of unattainable "kings".
In other words, everyone on Wall Street is confused about the situation now, and they can't figure out whether United Copper's stock price will fall or rise tomorrow, including Charles Morse and Fritz Heinze.
Old Morgan was not a man of faith.
Although it's nice to be slapped in the face, adding insult to injury can easily leave a bad reputation on Wall Street.
The leeks have more or less recognized the fact: the Heinze brothers failed!
Zhao Chuanxin shook his head slightly and said in a low voice: "Today we just let retail investors see the failure of Heinze and his brothers. Do you think the battle is over? Tomorrow, the stock price will fall from 30 US dollars to less than 10 US dollars, which will cause a wave of selling! "
The secretary shook his head: "No, this matter is to be blamed on the Heinze brothers. They manipulated the stock price. They brought it upon themselves."
As a result, the group of people dispersed completely.
Zhao Chuanxin took a sip of hot black tea and said, "We'll see about it tomorrow."
Some people slapped their thighs so hard that they nearly broke their legs. They wanted to go short, but they thought the stock price had hit rock bottom and didn't take action.
Thomas W. Lawson and Jesse Livermore also understood this.
However, Charles Morse just came to accuse: "Lawson, Livermore, it's you, you must have manipulated the stock price..."
At the close of the day, United Copper's share price fell to $30.
"No, we will start closing the position in stages from 15 US dollars." Although Zhao Chuanxin knew that the stock price of United Copper had fallen to 10 US dollars in history, he was unwilling to take the risk.
The sell-off begins!
The stock price plummeted, falling to $10.
……
Don’t be arrogant in victory and don’t be discouraged in defeat.
When Zhao Chuanxin took a look, it turned out that his hands were two doors, and he only hit people with his mouth.
This surprised everyone at the exchange.
opening!
United Copper opened at $28 and fell to $24 in less than half an hour.
Jesse Livermore shook his head: "We have proven that we are right, and that is enough. Next, we can only make a small fuss at best."
Thomas W. Lawson was very greedy: "In fact, as long as it causes a wave of panic, there is a lot to be done later."
Zhao Chuanxin held a cigar in his mouth, pushed with his left hand and pulled with the right hand, crowding the people in the exchange, and walked out calmly amidst the scoldings.
A group of people filed out and dispersed like birds and beasts.
"As of today's close, the boss may have made at least 100 million!"
Charles Morse was furious: "What are you doing? Who asked you to film it?"
If it weren't for the tall figure in front of them, secretly dragging the two of them, they would have floated to the sky.
Thomas W. Lawson whispered, "How much did you make?"
Even the money of Abraham Cohen, Rebecca Levi and Zhao's disciple Benjamin Goldberg has not only doubled.
They also drank the soup.
Jesse Livermore and Thomas W. Lawson both made huge profits.
How can you allow others to snore on the side of the bed?
Zhao Chuanxin saw someone holding a camera and a tripod and squeezing out of the crowd. They were skilled in their business, and he immediately set up the tripod and prepared to take pictures.
Click...
The point is, the situation is extremely dangerous at this time, so why bother?
Film their jokes?
So Charles Morse and Fritz Heinze drove the reporters away.
The confrontation between two groups of Wall Street elites in suits was very interesting.
Thomas W. Lawson pointed in a circle: "Listen, gentlemen, listen, this is the voice of the masses! The eyes of the masses are sharp!"
However, they personally participated in the battle today.
Otto's face turned pale: "Should we..."
Zhao Chuanxin summoned Thomas W. Lawson and Jesse Livermore in the evening, and only the three of them held a small meeting.
He teamed up with a group of people including Da Luo to deal with Zhao Chuanxin, but he just didn't want to plant a time bomb around him.
Some people lamented and sighed, thinking that they could rebound at the bottom.
"No." JP Morgan decided to watch the fire from the other side: "Let's take a look. By the way, tell the man named Kang Youwei that Thomas W. Lawson was sent to Zhao as a trader."
The major exchanges in New York were full today.
Therefore, they all stood at the back to show off their strength, each with their chests high.
Two six hundred three: c zero two four: c zero zero a: c four one one:: one eight
Moreover, even if they want to hedge now, the capital pool has bottomed out and they don't have that much capital to hedge risks.
……
Zhao Chuanxin squinted his eyes and saw that the person was evil.
"United Copper? Lawson brought it down?"
This is a mistake in the financial industry.
There were many short sellers, and someone shouted: "You son of a bitch thinks he can cover the sky with one hand, he deserves it!"
He is born to do great things.
The impetuous atmosphere was like a random shock wave, shaking the hearts of the leeks back and forth.
Although the stock has fallen miserably, if they can sell all the stocks at $30 at this time, they can at least keep their capital.
The group of traders originally recruited by Thomas W. Lawson were still afraid of the reputations of the Ice King and the Copper King.
Later, Jesse Livermore and Thomas W. Lawson also benefited from him.
What's the difference between this and those little black haters and trolls who have no mental capacity at all? If you are slightly unsatisfied, you will immediately give up this and that. It is really impetuous, so don't mention it.
Some are ecstatic, some are dumbfounded, and many are beating their chests and feet.
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