Reborn Millennial Gamer

Chapter 697: Lure the Wolf of Wall Street into killing him (4k)

Penguin was shorted, and China Land solemnly warned.

With reports from American financial, technology and related media, it has become known throughout the United States, and public opinion has risen to a new level.

Twitter, Facebook, YouTube and other online channels are all paying close attention. No one thought that Penguin just lost the agency rights of "World of Warcraft" and would be watched by the wolves of Wall Street.

Just like in his previous life, Ding Sanshi thought about it for three days and three nights, but he couldn't understand how Blizzard dared to break away from NetEase. The same goes for Lu Fei, who couldn't understand that there were so many fat sheep in Europe that they wanted to short-change penguins instead of slaughtering them.

For two consecutive days, there was a fight between bulls and bears of varying intensity.

At the $30 mark, there were many fights, but except for John Paulson who supported Lu Fei, Buffett, Bill Gates and a bunch of old friends seemed to stand by and watch the hungry wolves on Wall Street besieging Penguin, and the stock price fell by 3%. A 4% decline.

The bulls are weak on their own, and the bears are getting stronger and stronger, just like a flood-storage dam, with faint signs of bursting and causing a flood.

The topic of Penguin has become one of the hottest topics on Reddit, especially in "Wall Street Casino", a section dedicated to discussing stocks. The netizens there are basically a group of gamblers who are addicted to stocks and options, and most of them love games. Young otakus treat the stock market as a casino and always want to get rich overnight.

The slogans shouted are, You Only Live Once.

In other words, if you win, you will be a young model in the club, if you lose, you will work in the sea.

The leeks inside tease each other that they are mentally retarded, and their investment style is very radical. Not only do they like stud, but they also add leverage when they get into trouble. The picture is like "a bicycle turns into a motorcycle."

"quadra kill!"

Jason played League of Legends to his heart's content and hurriedly logged off. There was still half an hour before the U.S. stock market opened. He habitually posted on the "Wall Street Casino" section. The section was filled with all kinds of gossip, inside information, and posts posted by netizens. transcript.

At least a 5 percentage point gain, otherwise you won’t be able to post pictures.

In addition, there are also posts by angry youths expressing their sentiments, such as "Exposing the Subprime Mortgage Conspiracy" and "Down with Wall Street"...

Just like Chinese leeks angrily criticized A-shares, American investors also hated Wall Street after the subprime mortgage crisis, especially because Lucian failed to fulfill his promise of tax cuts, otherwise——

Nor will there be an "Occupy Wall Street" outbreak later.

At this time, the dissatisfaction is gone, but the one who talks the most is the penguin. Should he follow the short sellers and chase the penguins, or support the bulls? Without the courage, where will the production come from!

The two factions are at each other's throats, with the majority supporting the short side.

[I admit that Huaxia Lu is very rich, but no matter how rich it is, can it compare with the dozens of short-selling funds on Wall Street?Even if I want to be bearish on Penguin, Jesus can’t stop me, I said so!There are pictures to prove it! 】

[Who is Huaxia Lu?It’s a stock god!He is the God of Investment!He is one of the top three richest people in the world!How could it be possible to lose? 】

[If Huaxia Lu wasn't scared, there would be no need for warning at all. Those short sellers would have been dealt with long ago, so why let them go?Just because I can’t clean it up, I can only say hello]

[I support Penguin. I’m holding Penguin’s stock right now but won’t sell it. I believe Huaxia Land will definitely make some moves]

【…】

Jason browsed a few pages, typed on the keyboard, and asked a personal question. It is clear that the short sellers have made profits now, why don't they close their positions, but the overall position is still so high?
Soon, someone who is a good teacher will give you some advice.

The reason is simple, taxes.

If a short-selling institution borrows a share of stock and sells it for $100, according to the securities lending agreement, the short seller must provide a margin of $102, of which $100 is the money for selling the stock.

2 dollars is yours.

Because the stock price keeps changing, the margin amount also changes at any time. If the stock price soars to $200 at this time, the short seller will have to add $102 in margin.But if the stock price drops to $1, the margin will be -

It only costs US$1.02.

In this way, the short seller can get a refund of the $100.98 margin. Therefore, the short seller has actually made a small profit, but he feels that he has not earned enough.

Therefore, if you continue to rush, fight, and wave fiercely, Penguin's stock price must remain in a relatively depressed state, such as $20 per share. At that time, you can directly close the position and make a huge profit.

As usual, the New York Stock Exchange regularly publishes short position data on the exchange. Penguin's current short position has exceeded 6% and is heading straight for 10%. It is full of calculations.

"Would you like to fight?"

Jason looked at the time and saw that the one-minute countdown to the opening was in progress, and he couldn't help but fall into deep thought.

As a player who practices both LOL and Dota 2, LOL has all kinds of hero skins and limited skins. I have even prepared my wallet and spent money to buy S1 champion skins. I really feel that League of Legends is no worse than World of Warcraft.

And I firmly believe that Huaxia Continent will never sit idly by.

Otherwise, he would not be the "Iron Man" he admires!
After the market officially opened, Penguin's stock price had just improved a little and raised its head slightly. It was immediately attacked by short sellers and fell below the $30 mark for the first time, and it was still falling.

Seeing the leeks in the "Wall Street Casino" eager to follow the investment, they couldn't get the bonds, so they bought put options. Looking at the posture, it seemed that they were going to knock Penguin below $25 per share.

But unexpectedly, the stock price fluctuated up and down.

The bulls are in!
"Is it Huaxia Continent? It should be Huaxia Continent, right?"

Jason hesitated and stared at the trend chart for more than an hour. The fierce offensive of the short sellers was thwarted, and the bulls actually held on to the defense line of $29, and there were signs of a pushback.

"It can't be wrong! It must be Huaxia Continent!"

Jason's eyes flashed with greed, and he finally made up his mind and spent $5. Not only did he buy Penguin stock at a price of $29.24, he also bought call options, super doubling.

After a while, in the long-short game, a foreign aid suddenly appeared. Like Lu Fei and John Paulson, Michael Berry, one of the big winners of the subprime mortgage crisis, appeared on the scene.

But surprisingly, he did not go short, but bought 1% of Penguin's shares to support the bulls. He also announced his operation on Twitter, and the reason he gave was very simple -

I am optimistic about the steam game platform invested by Penguin and its self-operated YouTube, and the 09 annual report is perfect.

There is no bubble in the stock price, it is just malicious short selling.

With Michael Berry's support, Penguin's stock price rose instead of falling, from $29 back to the $30 mark.

Although it only increased by $1, the yield on the stock and the call option were completely different, with a difference of 4 times.

"The bet was right, hahaha!"

Jason was excited and nervous, staring at Penguin's trend chart. After counterattacking to $30, the short position showed a little lack of stamina, so he retreated to the high point of $31, and his hands changed hands several times.

Finally, during the lunch break, we occupied the 31-dollar high ground.

Jason immediately switched to Reddit and saw that there were already "stock gods" who were bullish on Penguin like him and posted their accounts and profits. Not to be outdone, he took screenshots to show off his results.

In the post, thank you to Lu Fei and thank you to Berry.

However, under the post, apart from sporadic blessings, people were either envious or sarcastic, thinking that the short seller would definitely come back and the attack would be more fierce, and Penguin's stock price would fall back sooner or later. They advised him to close his position as soon as possible.

But Jason didn't do that and held the penguin tightly.

Echoing in my ears, when others are clearing their positions, I fill them up, when others are cutting their stocks, I buy the bottom, when others are afraid, I am greedy. In short, there is one sentence——

If you hold on firmly, you will make a fortune!
"Lu, Berry has entered the stage."

In the restaurant, John Paulson cuts into a steak.

"He was really willing to help. I thought it would be good if he didn't cause trouble and didn't join the short camp."

Lu Fei shook his wine glass and raised the corners of his mouth.

"This can be regarded as a reward for us inviting him to join in shorting Greek debt. Moreover, in the prototype of "The Big Short" produced by your film company, in addition to me, he was also included."

John Paulson bites off a piece of meat. "what did you just say?"

"I mean, Berry is doing this to return a favor to us..."

"No, no, no, the second part."

"Didn't you make a movie based on him and me? But seriously, when can we see the finished film?"

"Well, John, three Q."

"Thank me? What are you thanking me for?"

"Hey, thank you for everything."

Lu Fei narrowed his eyes, "But I won't thank you, Berry. This favor is not so easy to repay. Soon he will realize how wise this investment is."

Under John Paulson's puzzled gaze, he turned to ask Carlson Bullock about the public opinions on the rise of Penguin's stock price on Reddit, Twitter, Facebook and other media, especially Reddit.

The reply I received was to watch the fire from the other side.

Although many YouTubers, reddit posters and Twitter KOLs have made a fortune with their fans during this short-term rise, most American leeks are still in a wait-and-see mode.

Only when the situation of the long-short battle becomes clear will we end.

"I understand, whoever wins will be helped."

Lu Fei took a sip of wine and smacked his lips.

"Lu, do you really expect to rely on those stupid and short-sighted investors to help you deal with so many short-selling institutions?" John Paulson asked.

"At least we can't let them go to the short side."

Lu Fei smiled and said: "And John, don't underestimate the power of the people. I can defeat Goldman Sachs in gold futures only because of the people of China."

"I know, Chinese aunt!" John Paulson said.

"Yes, this time I want to let those short-selling penguin funds have a taste of what it's like to fall into the vast ocean of the people!"

Lu Fei has already thought of a plan, just like the "GameStop" in his previous life. Leeks teamed up to beat Wall Street, and they had to completely arouse the anger of investors against Wall Street because of subprime mortgages.

"Then we must flex our muscles. Only by continuing to increase the stock price and letting them see hope and taste the sweetness will they follow us and fight back against the short sellers."

"We have ample ammunition reserves."

"Yes, the return on investment in gold derivatives is no less than that on subprime mortgages. In addition to investments in European debt, the Hang Seng Index, etc., at least 40 billion U.S. dollars can be spent, which is enough to cover most of Penguin's outstanding shares on the market. Buy it.”

“It’s like Porsche shorting Volkswagen, right?”

Lu Fei narrowed his eyes.

"Don't tell me you don't think so."

John Paulson looked at him and said, "These short-selling funds have no idea what will happen if they provoke us!"

"Don't worry, play with them."

"Lu, they are not worth playing with."

"If you want to play, you must play! If you don't play, how can these funds invest more money? If you don't invest money, how can you turn a small battle into a big one and attract big institutions hidden behind the scenes to follow the investment? If you don't follow the investment, we will be again How can you make a huge sum of money at once?"

Lu Fei's eyes flashed fiercely.

John Paulson pondered for a long time, "That is equivalent to using penguins as the battlefield and another long-short game like 'subprime mortgage'."

Then he nodded, "We can do it, but it's not enough for us and Berry alone. We're afraid that Goldman Sachs and others will turn their backs and deny their credit, or come up with some dirty plot, otherwise..."

"We really have to guard against outside moves, so we have to continue our previous style of play and need to hire some heavyweight foreign aid."

Lu Fei remembers Wall Street’s “unplugging the network cable” routine.

This time, I have already planned to invite Buffett, the "stock gods" on Capitol Hill, BlackRock, Blackstone, and even the Middle Eastern royal family.

Behind Dubai's debt crisis, there is Wall Street.

Don't the wealthy people want to take revenge?
During the meal, Lu Fei and John Paulson re-formulated a new combat plan and divided the work between each other. Carlson Bullock cooperated with John Paulson in operations, while he and Xu Xin were responsible for diplomacy.

Subsequently, we immediately contacted major shareholders and institutional investors such as MIH and Bill Gates, and each of them swore that they would never disrupt the company at this time and would not sell it to the outside world.

For Penguins, this will be a huge bad news.

It is also a huge loss for them.

As for Buffett, in addition to making phone calls, Lu Fei also took Xu Xin to meet him face to face. Not only did he get a promise to protect the market, but he also used his villa to cover himself.

He met secretly with BlackRock and Blackstone successively.

There is only one theme——

The wealthy gentry's money will be returned in full, let's divide the short sellers' knives!
They were very interested in this combat plan and even more interested in the results of the victory. They agreed not to add insult to injury during the multi-air fighting stage and provided all help except help.

After all, sitting on the sidelines is the greatest help to the penguins.

"A Fei, if we lose the competition with the short sellers, do you believe that they will definitely follow the short sellers and bite us back?"

Xu Xin followed Lu Fei and left Buffett's mansion.

"So, we must fight well and win the first game."

Lu Fei disagreed, "How is the situation now?"

"Carlson said that the short sellers are attacking on multiple fronts. They are badmouthing Penguin on financial programs and increasing their short positions. The second wave of offensive seems to be to drive the stock price below $30."

Xu Xin took out her phone and pulled out the message.

"Tell John and Carlson that you can give them the $30 or even $28 mark, otherwise it will be impossible to get into the pocket formation, but don't let it be too obvious, pull!"

Lu Fei looked sideways, "Who will I see next?"

"Bai Dengqiao has helped us make an appointment with the chairman of the American Securities Depository and Clearing Corporation. Let's have a casual dinner tomorrow night."

Xu Xin glanced at it.

"Let's go then!"

Lu Fei put down his words and headed to the airport.

Just as he was gathering strength for the upcoming war, the short sellers were having a complete carnival. The short position in Penguin stock soared from US$27.78 billion to US$36.22 billion.

It seems to account for 8% of Penguin’s total share capital!

It will soon reach 9%, and the battle is in a stalemate.

At this time, the news that Wall Street organized a group to short-sell Penguin gradually spread back to the mainland and back to Hong Kong.

(End of this chapter)