Reborn Millennial Gamer

Chapter 703 Dad, save me

Late at night, No. 79, Deep Water Bay.

"You said you thought of giving me New Year greetings on a whim. It turns out you were giving me such a 'big gift'!!"

In the study, Li Huanggua looked at Li Zekai gloomily.

"Brother, when you asked me to borrow money before, you didn't agree to close the position, so why did you get deeper and deeper into it?" An imperceptible smirk appeared at the corner of Li Zeju's mouth, but it quickly disappeared without a trace.

"I, no, the entire short market fell into the trap of Lu Fei. I deliberately showed weakness today to make everyone, including me, mistakenly think that the rise was over and that it was about to fall. So, then I... "

Li Zekai was speechless for a moment and couldn't speak any more.

"So instead of closing your position, you increased your position! Stupid!"

Li Huanggua said angrily: "Do you know what the situation is now? It's a short squeeze! The same short squeeze as last year's Volkswagen stock!"

“Dad, the situation may be worse than that of the general public!

Li Zeju said in a serious tone, "The difference between the outstanding shares and short positions at that time was only 7.1%. This time, Penguin's outstanding shares were only 7.2%, but the short positions were 21.8%."

Then he sighed: "Brother, this is completely naked short selling. No surprise, no matter whether it is a major shareholder or a small investor, they will definitely not sell. More and more investors will go long for the short squeeze." Team, the Penguins have only increased by 15.6% now, and they may increase by 156% tomorrow."

"156%? At least 200%!"

Li Huanggua hates that iron cannot become steel, "Which of the large and small institutions in Wall Street and Hong Kong wouldn't want to cut their losses and run for their lives!"

Li Zekai's face turned gloomy and he lowered his head.

Li Huanggua said angrily: "You can't give me any peace of mind. I don't ask you to be as good as Lu Sheng, but at least be as down-to-earth as Ze Ju and don't mess around with anything!"

Li Zekai was unconvinced and said: "I just took back my share from Penguin! What's wrong with me!"

"You're not wrong? Then why are you looking for me?"

"me……"

"Last time, I personally guaranteed PCCW's US$130 billion debt, asking the bank to grant you grace and pay it in installments." Li Huanggua became furious, "This time, it's your own fault. Take it upon yourself! Even if you are my son, I can't wipe your butt every time!"

"Dad, we are all one family..."

Li Zeju hurriedly came out to smooth things over, but he saw Li Zekai was furious, "I'm not here for your help, I'm just asking you to borrow money to close the position! If you don't lend it, the worst is, I'll give you all the shares of Xiangjiang Telecom and all the assets in my name." Mortgage out!”

"You, hiss~"

Li Huanggua was so angry that she covered her chest and looked pale.

"Brother, stop talking nonsense!" Li Zeju quickly handed him some water, "Whether it's helping or borrowing money, you must first let us know how much money you need and how many stocks you need to buy. Can I close my position?"

"I have to buy enough 0.7% stocks."

Li Zekai gritted his teeth.

"How many?!"

Li Zeju was shocked. The current market value of about 3500 billion was still 24.5 billion, and it was such a beautiful thing!

Li Zekai shamefully repeated it. Because of the financial crisis, although Feigou's listing has revived Hong Kong stocks and the Hang Seng Index has risen, Xiangjiang Telecom's share price has evaporated by 90% over the years. Together with PCCW and Yingda Real Estate under his name, the total assets have totaled ——

17.54 million dollars.

All the net worth is not enough, let alone the debt!
"You loser! Ah!"

Li Hugua wore a mask of pain and looked ferocious.

Li Zeju was startled and asked Li Zekai to call the doctor to send him away. He patted him on the back like a dutiful son and said, "Dad, the younger brother got into a big trouble. What should we do about this?"

"Sure enough, you are right. We are not afraid that the second generation ancestor will lose his family, but we are afraid that the second generation ancestor will start a business." Li Huanggua's face turned blue.

"No matter what, I still have to help him. Dad, can we find Penguin's shareholders to do a private deal?"

Li Zeju looked like a brother and brother.

"What you want, big institutions and small institutions also want it. Penguin's stocks are so popular, will those big shareholders and small shareholders change hands easily?"

Li Huanggua learned about Penguin’s shareholder structure.

HIM, Buffett, and Bill Gates have no friendship with them, so they can only rely on friends from banks such as HSBC and Standard Chartered to make connections. They also risk their shame to go to BlackRock, Blackstone, Fidelity, etc., and they either make vague remarks or simply refuse.

Penguin's stock right now doesn't just mean making a fortune.

It also means a debt of gratitude!
Any individual who is smart is thinking about how to maximize his profits, even if it is 0.5%, he will have to pay a big price.

"The doctor is here."

Li Zekai arched his back and did not dare to speak loudly.

Li Huanggua thought over and over again, "Many large institutions and funds on Wall Street are also grabbing Penguin's stocks. At the moment, it seems that there is only one way."

Li Zekai raised his head, but when he heard that he was going to beg Lu Fei, a bastard, he subconsciously resisted, "No! I won't go!"

Land thief!Traitor!Thief!Thief!
It has caused me such misery, even if I am broke and jump off the building, I will never surrender to Lu Fei and beg for mercy!
"Do you think it's just your face that's lost? It's me!"

"I'm going to take you to plead guilty to Lu Sheng!"

Li Huanggua didn't want to look at his useless second son, so he turned to his eldest son and asked, "When is the signing ceremony for the Caifubao joint venture?"

Li Zeju adjusted his glasses and said, "Tomorrow afternoon."

The next day, three poles in the sun.

In the hotel suite, Lu Fei was awakened by the ringing of the phone. He arrived in Xiangjiang at midnight last night and fell asleep as soon as he pressed the pillow.

I reached out to grab my phone and saw a large number of missed calls and text messages from Bear Stearns, Bank of America Merrill Lynch...

Oh, they are all Wall Street giants. They are so anxious!

After washing up, wearing pajamas, he sat in front of the computer, waiting for the waiter to deliver the food, and paid close attention to the US stock market.

From the moment of the press conference, the news of the Penguin short squeeze has spread throughout the short-selling army on Twitter, Facebook, Reddit and other media. Stock investors got on the bus one after another and shouted——

Only the universe is our limit!
During the bidding stage, the stock price has risen rapidly, rapidly exceeding 30%, 40%, and 60%. Leeks, funds, and the media have reached a fever pitch in their admiration for Penguin.

Short-selling institutions, large and small, are already trembling and panicking. Once they are unable to buy stocks to close their positions, short-sellers will automatically liquidate their positions on the delivery day. Especially large institutions, the pressure is unprecedentedly huge.

When large institutions and small institutions start from the same starting line, the small institutions must run faster because they have fewer short positions and can easily turn around. The large institutions have too many short positions and need more stocks to close their positions. On the contrary, They will be left behind and be harvested ruthlessly by the army of leeks led by Mr. Lu.

This time we are not hitting the moon, we are heading towards Mars!
"Buzzing."

Just as the waiter entered the room with the cart, Henry Paulson called, and Lu Fei took out a large tip.

The waiter left gratefully and when he closed the door, he saw Lu Fei take a sip of milk and said, "Henry, what's the matter?"

"Lu, congratulations, you won the long-short Penguin war! Your name is mentioned everywhere on Wall Street now!"

Henry Paulson is all smiles.

"Haha, thank you, but you should also be happy. The money spent by Trisolaris Fund to buy Penguin stocks comes from part of the client's managed funds. You will also get a share of the short-selling gains this time!"

Lu Fei picked up the sterile eggs and beat them into the empty cup. This secret recipe was passed down from Bruce Lee to Cheng Long, Cheng Long passed it down to Stallone, and Stallone passed it down to Flute Dragon. He has been overworked these days and needs to make up for it.

"Wow! Lu, you are such a good friend of mine!"

Henry Paulson laughed even louder, "I didn't expect, I really didn't expect you had such a skill to make Penguin's stock price go back up. I really don't know how to describe you."

Lu Fei shrugged, "It's just good luck. The short-sellers on Wall Street were too greedy and completely angered the retail investors. It happened to be vented on Penguin. It was retail investors who raised Penguin to this height. To be honest, I want to thank retail investors." support."

"Luck? No way. You must have planned, organized, and premeditated, otherwise there would not have been "The Big Short" and Buffett would not have been invited. Did you plan to trick the short sellers?"

Henry Paulson narrowed his eyes.Lu Fei curled his lips, what do you mean by 'pit'?
Can what the capitalists do be called a "trap"? This is called "robbing the rich and giving to the poor" and "justice enforcement." Wall Street is only allowed to cut leeks, but the leeks are not allowed to eat Wall Street's flesh and drink Wall Street's blood?

"..."

Henry Paulson was helpless, "But you don't belong to Promenade, you belong to Wall Street. You only talk about unity, not division. I wonder if you can just let them go?"

"Oh, so you are serving as their peacemaker."

Lu Fei drank the entire cup of raw eggs in one gulp.

"Yes."

"Haha, do you think I would agree, Henry?"

"Lu, big foundations have affected the entire U.S. stock market and even the insurance industry. Wall Street finally climbed out of the quagmire of the subprime mortgage crisis..."

"Did I ask them to short Penguin? Did I ask them to raise margins to fight us in a long and short war? Did I ask them not to close their positions? Henry, 'The net set by the evil man will be caught in it' , is this what the Bible says?"

"No, that's right, but..."

"If it wasn't Penguin this time, and there was no me behind Penguin, and no retail investors behind me, don't you think they would have succeeded? Do you think they would let me and Penguin go?"

"I know you are angry, but the main culprits are the small and medium-sized funds. The big institutions are just following the trend. If you want to vent your anger, do it on the small and medium-sized funds. It's okay even if the fund managers die, but big institutions can spare this time. Enemies are easy to make but hard to break."

"So Henry, you want me to easily cut out the penguin meat and feed it to them. Is that what you mean?"

"Lu, it's not easy, they are willing to pay."

"Henry, I still don't understand. You are from Goldman Sachs. Why do you care about the life and death of institutions such as Bear Stearns and Citadel Capital? The penguin short squeeze is good for you and me, isn't it?"

"I'm thinking about America's financial order."

"Henry, you are a former minister, not the current minister. Don't worry about this." Lu Fei said, "I remember that you are a Jew. Don't you agree with my 'tit for tooth, blood for blood'?"

"Ahem, actually, Goldman Sachs is also short."

"what!!"

Lu Fei pretended to be furious, "how dare you!"

Henry Paulson quickly explained that all this was done privately by the Japanese vice president of his hedge fund without the knowledge of David Solomon and John Wallendren.

Then he told the result of the punishment: "In the end, I couldn't hide it anymore, so I confessed. I have been severely punished internally, and I must bear judicial responsibility. I will never appear on Wall Street in the future."

Temporary workers, right?

Lu Fei smiled and said: "Henry, why do the Neon people always take the blame? Do you think I will believe that they don't know anything?"

"The two of them really don't know. You are a shareholder of Goldman Sachs, and you also know that Goldman Sachs' business has divisions of labor. David and John have recently been busy with the debt crisis in Greece and the Eurozone. It is simply impossible. I use my Personal guarantee.”

Henry Paulson swore that.

"I can believe you, Henry, and I can also believe that they don't know, but I will never forgive Goldman Sachs. Anyway, Goldman Sachs is so capable, why not go to Buffett, go to HIM, go to Blackstone and the others? Don't they agree! "

The corner of Lu Fei's mouth raised slightly.

"Ahem, don't you Penguin have rules and regulations? The transfer of shares by shareholders must be approved by more than half of the shareholders, and Penguin and other shareholders are supported to give priority to repurchase."

"Ah! I almost forgot, I am half!"

Lu Fei smiled and patted his forehead. He held 49.2%. Together with the shares of John Paulson, Buffett, Lu Huateng and other teams, it already exceeded two-thirds.

Even if HIM wants to sell, he must give his nod!
HIM didn't dare to sell more. It was threatened by Lu Fei in advance. If it dared to exceed 5%, he would be deprived of a director seat first.

If HIM is like this, other small shareholders are even less afraid.

"Ahem, Lu, Goldman Sachs has a relatively deep position."

Henry Paulson cleared his throat and conferred.

"How deep?"

"About 4.4%."

"It's really deep. David and John really don't know?"

"really do not know."

Henry Paulson exhaled.

For the 14.6% gap, Buffett, BlackRock, Blackstone, John Paulson, etc. can pay up to 8.9%, and HIM is only willing to pay 5%. They say they are optimistic about Penguin's future and believe that the market value can reach trillions of dollars. I don’t want to reduce my holdings too much at once.

That’s it, 0.7% missing.

And this 13.9% will not be fully allocated to Bear Stearns, Bank of America Merrill Lynch, Goldman Sachs, and Morgan Stanley. The maximum allocation will be 2.32%, which is 2.08% short of Penguin stocks.

"If you want me to agree, you can. Give me a reasonable explanation first. Let John and David come in front of me in person, with so much sincerity! Also, bring the Japanese vice president with you!"

Lu Fei's tone showed no refusal.

"Dududu~"

A busy tone came from the phone's receiver.

Henry Paulson sighed and looked at David Solomon, who had been listening, "Did you hear that? You'd better book a ticket to Xiangjiang now and go see him right away!"

"Do you think if you apologize to him, he will stop?"

David Solomon was unwilling.

Henry Paulson said: "What do you think! Go apologize, surrender, beg him, even if you kneel in front of him, even if you jump off the building, you have to wait until he agrees before jumping. Do you understand?"

"I'm the CEO of Goldman Sachs."

"This is the price you pay for shorting Penguin! What did I say? Why go against Penguin! Stupid! If you still want to keep your position as CEO, I will do what I say! Bring that scapegoat , go to Xiangjiang immediately!"

Henry Paulson cursed.

David Solomon shrank his head. At this moment, John Wallendron pushed in the door and brought shocking bad news——

Short-selling institutions are in trouble and are on the verge of liquidation!

When Penguin's stock price reached $300, CNBC posted such a news on Twitter. Citron, Melburn and other institutions successively gave up short selling and had all closed their short positions.

I thought it would weaken the bulls' offensive, but I never expected that a group of people would immediately expose it on Twitter, YouTube, Facebook, QQ and other media. It was a fake surrender!It's fake death!It's a conspiracy!

There is only one purpose, which is to make the bulls who hold Penguin stocks anxious, thinking that the shorts are fleeing on a large scale and sell them one after another.

But in fact, it is impossible to say that the positions of such large institutions as Goldman Sachs, Melvin, and Bear Stearns are equal.

The move of false surrender aroused strong dissatisfaction among bulls, especially the army of retail investors, who threatened not to sell stocks.

The crime of short-selling is extremely evil and must be put to death!
As a result, at the close of trading on Tuesday, Penguin's share price soared from US$236.6 to US$455.74.

Penguin’s total market value has reached US$6742.3 billion!

It has surpassed the US stock market and even any company in the world, and has undoubtedly become the world's largest company by market capitalization!

The short sellers completely collapsed, either on the plane or on the way to the airport, and the tickets to Xiangjiang were sold out.

Master Lu!

The Great Master of Wall Street!We were wrong!
Come back quickly, I can't bear it alone!
Come back soon, jumping off a building is wonderful because of you!
As long as Mr. Lu is willing to let us go, we can kneel down and beg you!It’s okay to be your son!Daddy, save me!

Thank you for your 100 starting coins.

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