Reborn Millennial Gamer
Chapter 706 Retail God, Financial Satan
As U.S. stocks closed, Penguin’s share price was fixed at $741.3.
Penguin's market value has reached an unprecedented $10967 billion, far ahead of its peers, far ahead of the world, far ahead!
It’s only 32 billion short of US$11000 trillion! !
And Lu Fei enjoyed a rocket-style richest man experience card.
Buffett, Bill Gates, Lu Huateng and other shareholders who own Penguin stock, even if they only have 1%, that is tens of billions of dollars, enough to enter the top 20 of the Forbes rich list in the world.
As soon as the news came out, social platforms such as Facebook, Twitter, Line, QQ, Reddit, etc. were either stuck or paralyzed.
It took a long time before things returned to normal.
But this is not the most exciting thing. The most exciting thing is that this army of short sellers is dead and injured.
Goldman Sachs is leaving!Bear Stearns surrenders!Merrill Lynch admits defeat!
Morgan Stanley suffers the consequences!
Citron Capital is completely wiped out!
Countless speculative small and medium-sized short-selling institutions have collapsed and been liquidated, especially the first batch of hedge funds that took advantage of the situation and exported Lu Fei and Penguin.
Heavy losses, the entire army was wiped out!
Maplewood Capital lost 45%, a total of US$20 billion.
Melvin Capital, the main short seller, suffered a loss of 53%, which is conservatively estimated to exceed US$60 billion.
The losses of institutions such as 72 Points and Citron are less than US$10 billion. As a star fund, Castle Capital’s loss of US$25 billion is still a small matter. After all, there is also a market maker, Castle Securities, which acts as an intermediary and relies on commissions and handling fees to make up for it. Some losses.
The key loss is the name!
Many old customers have jumped to the winner's funds such as Paulson Hedge Fund. Unless the threshold of the Three Body Fund is too high and the number of places is limited, otherwise they would all go for Mr. Lu's lap.
In one day, almost 70 billion US dollars were taken away!
The unprecedented 2 short squeeze tragedy!
Enough to be recorded in the history of global finance!
Except for the Wall Street giants who surrendered and lost half of the money like Lu Fei, everyone who shorted Penguin would not end well.
Carlson Bullock and others celebrated wildly in the United States.
Lu Fei, Xu Xin and others opened champagne in Xiangjiang to celebrate, while retail investors reveled online, laughing and laughing wherever they went.
Make money and be happy!
I am even happier when I earn money from Wall's!
"It's so cool! Wall Street finally pays the due price for their greed! Retribution! Deserve it! # Middle Finger #."
"I just wanted to take revenge on Wall Street, but I didn't expect to get rich. Thank you, Lu, you did take us to the moon!"
"We did go to the moon! Those bastards on Wall Street need to go to hell! Who will be the first trapeze artist to jump off the building?"
"The short sellers built Wall Street with human blood. We made them pay with blood. We did it! Lu helped us do it!"
"Lu is the GOAT! I love Lu! I love China!"
"Lu is not just Iron Man, he's Robin Hood, he's also the real Batman! The Batman who robs the rich and gives to the poor!"
"........."
In the comment area, people either ridiculed Wall Street, or thanked, praised, and pursued Lu Fei, and once again put him on the altar.
After all, this is not only a victory for Penguin and Lu Fei, but also a victory for retail investors and the common people.
Lightford lost $3.5 million due to Citron, and he and his family were also subjected to continuous online violence. In anger, he tweeted to lash out at Lu Fei for cooperating with retail investors to raise the stock price——
mean!immoral!There is no bottom line!
As a result, he was pushed back by the turbulent public opinion.
"Damn you bitch! What a rotten person!"
Lyft cursed and threw the phone aside.
Not only did they cut my leeks, they also harassed my family!
When I think about the fact that investigation applications and evidence of Internet explosions have been submitted to regulatory authorities such as the SEC and the Ministry of Justice, it turns out that up to now, the short sellers have been blown away and there is still no trace of them.
Is there any king law?Are there any laws?
What do the Department of Justice and SEC do?
Just when he was depressed, the host of Fox News broke into the news urgently when reporting on the latest situation of the Penguin short squeeze.
Regulatory agencies such as the SEC and the Department of Justice will investigate the abnormal trading of Penguin stock and will hold a multi-party joint hearing.
"It's here, it's finally here!"
Left was so excited that the sky opened its eyes!
However, before he could be happy for a few minutes, he discovered that something was wrong. The person under investigation was not Lu Fei, Penguin, or retail investors who were short-selling in a group, but hedge funds such as 72 Points, Castle, and Melvin, as well as Citron, Mitchkin, etc. Wait for short selling institutions.
“The focus of the Ministry of Justice’s investigation is, first, whether hedge funds have obtained the report content from short-selling institutions before the release of the short-selling report and arranged profits in advance..."
"Fifth, and finally, whether there is an interest relationship between these hedge funds and short-selling institutions, including how hedge funds and short-selling institutions allocate short-selling interests."
Oh my god, why are you treating me here?
Why not Lu Fei!
I am the plaintiff!I am the victim!
Lyft ignored this, picked up the keys, and hurried to the garage. While running, he called his subordinates:
"Get to the company right now! Destroy any documents that are not beneficial to Citron immediately! Now, immediately!"
As for the Castle Fund, which is in cahoots with Citron, its office building is still brightly lit late at night, and its crushers keep humming.
Even before the news was released, the boss of Citadel Capital, which had strong personal connections and even had connections with the Federal Reserve, immediately ordered his funds to be "destroyed."
"We're doing it, we're doing it!"
The fund manager directed his confidants to destroy evidence.
"Look carefully at me. Don't leave any paper or electronic materials, not even an empty folder!"
The executives kept urging and were anxious.
The employees work overtime and are so skilled that it makes people feel distressed...
It seems that the market maker can count the tickets happily as long as he holds a cigar in his mouth and turns his hands upside down. However, the reality is that the buyer's market and the seller's market are not so balanced. For example, the market maker receives a lot of orders and cannot sell them. If you go out, it will be a loss to your own hands, so hedging by market makers is a very common operation.
But Castle Capital is obviously playing something very new.
Joining hands with a short-selling fund like 72 Points and a short-selling institution like Citron Capital, we act as sellers, buyers, and referees. But we never expected that we would be pecked by geese all day long!
"Zizzi, click!"
Too many documents are crammed in at once, and the shredder jams.
At this moment, there was a burst of movement outside the door. It was obvious that the main entrance of the building and the door of the office area on this floor were locked. Obviously, the front guarded by the close confidants had fallen.
"FBI, open the door!"
"Dong dong dong, open the door!!"
But it can be done once, not again. Follebo was completely impatient and directly chose to attack violently, smashing the door with a hammer and a bang.
"Bang! Bang!"
"Don't move! Put your hands up, FBI!"
As the door was broken open, a group of heavily armed Forebo poured into the office, showing their IDs and search warrants one after another, saying that under the order of the Ministry of Justice, "You have the right to remain silent..."
"We're going to wait until our lawyers get here."
Everyone put down their documents, raised their hands high, and saluted with the highest French military salute, otherwise they would be sorry for such a big battle.
This is still hedge funds with backgrounds and connections, small and medium-sized funds and short-selling institutions without foundations, which are completely in despair.
Any crime will be brought to justice!
Of course, there are also many fund managers who seem to have either resigned themselves to taking the blame or jumped off the building after hearing the mysterious phone call "I will support your wife." There are various ways to commit suicide.
It is worthy of being a high-risk profession on par with neon accountants and stick leaders. Wall Street is bleeding like a river because of short-selling penguins...
Along with the epic bloodbath of short sellers, Penguin's long-short battle has come to an end. The stock price has been fluctuating in the range of 5% to 25%, unable to go up or down. It seems to be bringing an end to this battle of the century. No surprise, The Penguins will pull back soon.
Fundamentals will also go towards normal.
At this time, it should have been the long-awaited harvest moment for short sellers, but surprisingly, no short seller dared to enter the market again.
Just because Lu Fei tweeted, "Who else!"
Citron was the most cheery when it came to short selling, but now it is the most timid. It was the first to raise the white flag and announced that it would stop short selling business for nearly 10 years and focus on providing long selling advice to retail investors in the future.
Where there is the first, there is the second and the third.
Things are only going to get tougher for short-selling institutions on Wall Street, which face tight regulation, and the same goes for hedge funds.
Gossip about Melvin Capital’s handler is circulating on Twitter, and it is rumored that his wife is divorcing him.
Originally the credibility was open to question, but the person involved personally replied on Twitter, “My hedge fund has lost 53%, plus my wife wants to take 50% from me, which means I will lose a total of net worth. 103%.”
In the comment area, there are people who are making fun of me, and there are also people who are complaining.
“This Penguin short squeeze gave me a taste of what it’s like to be a millionaire, but I still miss my days as a billionaire even more.”
"Five-star General MacArthur once said: If our enemy is China, I will allow soldiers to become deserters."
"God asked me to kill Huaxia Lu, and I pointed my gun at God."
"No one can make Huaxia Lu sign the surrender document because he doesn't know how to write the word 'surrender'."
"After hearing Lu Fei's name, Wall Street kids dare not cry at night." "..."
After the Penguin Short Squeeze, Bloomberg, "Wall Street Journal", "New York Times" and other media no longer called Lu Fei the "Stock God", but the "Oriental Stock Demon" and "Financial Satan"...
The news spread to the country, to Hong Kong and Taiwan, and to the mainland. The funds involved in short selling were all over the place, but most companies were completely boiling. Mr. Xie Lu vented their anger on their behalf.
After all, Chinese concept stocks have always been bullied, oppressed and harvested by Wall Street short-sellers and short-selling institutions. Sohu, NetEase, New Wolf, Shanda, Baidu, etc. have all been more or less difficult.
Mr. Lu is simply taking revenge for all Chinese concept stocks!
Online forums, portals, Weibo, etc. collapsed, and major TV stations rushed to report on the causes and consequences of the Penguin short squeeze, the ins and outs, and the amount of Lu Fei's profit this time——
It is expected to be 200 billion US dollars!
"Medicine, Qingqing, medicine!"
Liu Chuanzhi turned pale and covered his chest in pain.
"Dad, what's the matter with you, Dad?"
Liu Qing hurriedly brought quick-acting Jiuxin pills and water.
"Lu Fei, why don't you die! Why don't you die?"
Liu Chuanzhi swallowed 10 quick-acting Jiuxin Pills in one breath.
"Dad, don't be angry. These are only temporary. What you call a billionaire or the world's richest man will soon be gone. When Penguin's stock price corrects, what it was before will be what it will be after. At most, the market value has increased a little. .”
Liu Qing patted his back.
"Huhuhu~"
Liu Chuanzhi was out of breath and speechless.
"Really, just a few hundred million!"
Liu Qing knew that Lu Fei was his inner demon and the root cause of his illness, so he had to deceive and comfort him in good faith. Of course, Penguin's market value would return to normal, but it might rise to 800 to [-] billion US dollars.
It is very likely to surpass Google in second place, Feigou in third place, and Amazon in third place, and temporarily become the number one Internet stock in the world.
"Qingqing, you are the executive director of Goldman Sachs China. Let me ask you, if Xiangjiang's fund goes bankrupt and liquidates, what will happen to the money entrusted by investors?" Liu Chuanzhi looked sideways.
"Then you have to wait until the liquidation to get back the principal, but the liquidation time is relatively long. Once the liquidation process enters..."
Liu Qing's eyes widened mid-sentence, "Dad, could you be shorting Penguin too? No way!"
"no……"
Liu Chuanzhi's face was ferocious and he was wearing a mask of pain.
"Dad, how could you have thought that...you must have listened to the inside story I revealed to you about Goldman Sachs's short-selling of Penguins, right?"
Liu Qing was shocked and anxious. He knew that the Xiangjiang hedge fund, which was covered by mainland funds, had been shorting Penguin.
But I never imagined that there would be a family like theirs!
"It wasn't me who instigated it. Several Xiangjiang hedge funds my father invested in were shorting Penguin. They either went bankrupt and liquidated, or they ran away with the money. This time, the loss..."
Liu Chuanzhi was so distressed that he could not speak and drank some water.
"How much was lost?"
Liu Qing was excited and asked eagerly.
Liu Chuanzhi stretched out five fingers and gritted his teeth.
"5!?"
Liu Qing saw him shaking his head and exhaled: "5 million? Huh, Dad, don't get angry. Although 5 million is a lot, it's still Hong Kong dollars. You're not worth it for 5 million Hong Kong dollars." My body is so angry." However, I noticed that his expression was wrong, and after being stunned, I said weakly: "It can't be RMB, right?"
"It's a beautiful sword!!"
Liu Chuanzhi howled loudly, crying with anger.
my money!My damn money!
And not only him, but all the money of Lu Zhihao in Taishan Club, Zeng Maochao and others in Lianxiang were wasted!
"Ah? Dad! Dad!! Dad!!!"
Liu Qing saw that his limbs were twitching with anger and quickly called a doctor.
On the TV at this time, the host was reporting:
"Affected by Penguin's short squeeze, the 'Lu Fei concept stock craze' has been triggered globally. Lu Fei publicly holds many companies, including Feigou, Baidu, New Wolf, Netease, Amazon, Google, Netflix, Hantang and other stocks , all rose at different rates, with the largest increase in the Han and Tang dynasties, once approaching 850 billion, not far from [-] billion."
"Hong Kong stock market is experiencing a major earthquake! Xiangjiang Telecom is suspected of changing hands."
"It was rumored that Xiangjiang Telecom, controlled by Li Zekai, would transfer control to the Three Body Fund. As soon as the news came out, the stock price soared from 5 Hong Kong dollars to 7 Hong Kong dollars, breaking the long-term sluggish stock price since Li Zekai took over Xiangjiang Telecom. "
"Li Zekai's dream of 'privatization' was shattered. After Penguin, Xiangjiang Telecom was owned by Lu Fei. There was a conflict in fate and the horoscopes were inconsistent!"
"It is rumored that the reason for the transfer of Xiangjiang Telecom was actually Li Zekai's short selling of Penguin, and PCCW's share price subsequently fell for three consecutive years."
"Lu's richest man has added new business territory. He first acquired Xiangjiang Telecom and then invested in Octopus. The Caifubao joint venture officially reached a 3.5% share transfer agreement in Octopus with New World Group."
In addition to the serious media in Xiangjiang, gossip magazines also use their rich imagination and explosive headline skills.
"Boss Yang spent a lot of money to entertain the richest man in Lu and his actress friend. He also had a few meals of Boba ribs, Boba milk tea, and Zul spring rolls. His dick is so hot."
"Lu Fei is suspected of buying a house, what kind of girl is he hiding in the golden house?"
"Tear, tear..."
Looking at the newspapers reporting on Lu Fei, Li Zekai angrily tore them all into pieces and roared, "I'm going to attack your mother! Shovel the Yan family!"
"Use my money to pick up girls! Use my money to buy a house!"
"My money! It's all my money!"
Li Zekai scolded until his voice became hoarse, and he drank heavily.
He has been locked in his study these days, feeling a mixture of frustration, humiliation, depression, and pain, and can only survive by drinking.
When I woke up, I didn't go to work or see anyone. I gave Li Huanggua and Lu Fei full control over Xiangjiang Telecom.
At this moment, the landline phone rang.
Li Zekai staggered to the table. As soon as he answered the question, Li Huanggua's tired and slightly angry voice came:
"I'll wipe your butt clean for you, Shai Zai!"
"O-Old Dou, wuwu, Lu Fei is such a bully."
Facing his father, Li Zekai vented the grievances and humiliation Lu Fei had given him like a child acting coquettishly and crying to an adult.
"Are you done venting?"
On the phone, Li Huanggua's tone became slightly gentler.
Li Zekai said: "Hiss, hiss, okay, okay, daddy, I want revenge, I must take revenge. If I don't take revenge, I..."
"What's the point of revenge? You don't have the ability! Stop causing me trouble! Just be your second generation ancestor, pick up your female stars, and have your children. That's all I hope for you now."
Li Huanggua is determined to hand over 40% of the shares in his name, as well as the assets of Hutchison Whampoa and 22 companies, to Li Zeju from now on, which means that the boss will officially take over.
Inherit a family trust worth tens of billions of dollars.
The second child, who has failed one after another, will only provide a special huge fund, but it is less than one-twentieth of the boss.
"Beep beep."
There were busy signals from the hung up phone.
Li Zekai suddenly woke up and figured out something was wrong. He seemed to have fallen into his elder brother Li Zeju's trick and deliberately provoked him to deal with Lu Fei.
If the family is like this, no one is good!
"boom!"
The bottle was thrown to the ground, shattering into pieces and flying.
"Why didn't Zhang Ziqiang vote against you in the first place?"
When Li Zekai thought of gangsters, a terrifying thought flashed through his mind, hiring murderers, but he gave it up immediately.
If anyone dares to touch him, his whole family may be buried with him...
If you can't be tough, then be soft. The enemy of your enemy is your friend. Who could be the enemy of this bastard Lu Fei?
Thanks to Yao Ye Da Mo Wang for the 1500 starting coins.
Penguin's market value has reached an unprecedented $10967 billion, far ahead of its peers, far ahead of the world, far ahead!
It’s only 32 billion short of US$11000 trillion! !
And Lu Fei enjoyed a rocket-style richest man experience card.
Buffett, Bill Gates, Lu Huateng and other shareholders who own Penguin stock, even if they only have 1%, that is tens of billions of dollars, enough to enter the top 20 of the Forbes rich list in the world.
As soon as the news came out, social platforms such as Facebook, Twitter, Line, QQ, Reddit, etc. were either stuck or paralyzed.
It took a long time before things returned to normal.
But this is not the most exciting thing. The most exciting thing is that this army of short sellers is dead and injured.
Goldman Sachs is leaving!Bear Stearns surrenders!Merrill Lynch admits defeat!
Morgan Stanley suffers the consequences!
Citron Capital is completely wiped out!
Countless speculative small and medium-sized short-selling institutions have collapsed and been liquidated, especially the first batch of hedge funds that took advantage of the situation and exported Lu Fei and Penguin.
Heavy losses, the entire army was wiped out!
Maplewood Capital lost 45%, a total of US$20 billion.
Melvin Capital, the main short seller, suffered a loss of 53%, which is conservatively estimated to exceed US$60 billion.
The losses of institutions such as 72 Points and Citron are less than US$10 billion. As a star fund, Castle Capital’s loss of US$25 billion is still a small matter. After all, there is also a market maker, Castle Securities, which acts as an intermediary and relies on commissions and handling fees to make up for it. Some losses.
The key loss is the name!
Many old customers have jumped to the winner's funds such as Paulson Hedge Fund. Unless the threshold of the Three Body Fund is too high and the number of places is limited, otherwise they would all go for Mr. Lu's lap.
In one day, almost 70 billion US dollars were taken away!
The unprecedented 2 short squeeze tragedy!
Enough to be recorded in the history of global finance!
Except for the Wall Street giants who surrendered and lost half of the money like Lu Fei, everyone who shorted Penguin would not end well.
Carlson Bullock and others celebrated wildly in the United States.
Lu Fei, Xu Xin and others opened champagne in Xiangjiang to celebrate, while retail investors reveled online, laughing and laughing wherever they went.
Make money and be happy!
I am even happier when I earn money from Wall's!
"It's so cool! Wall Street finally pays the due price for their greed! Retribution! Deserve it! # Middle Finger #."
"I just wanted to take revenge on Wall Street, but I didn't expect to get rich. Thank you, Lu, you did take us to the moon!"
"We did go to the moon! Those bastards on Wall Street need to go to hell! Who will be the first trapeze artist to jump off the building?"
"The short sellers built Wall Street with human blood. We made them pay with blood. We did it! Lu helped us do it!"
"Lu is the GOAT! I love Lu! I love China!"
"Lu is not just Iron Man, he's Robin Hood, he's also the real Batman! The Batman who robs the rich and gives to the poor!"
"........."
In the comment area, people either ridiculed Wall Street, or thanked, praised, and pursued Lu Fei, and once again put him on the altar.
After all, this is not only a victory for Penguin and Lu Fei, but also a victory for retail investors and the common people.
Lightford lost $3.5 million due to Citron, and he and his family were also subjected to continuous online violence. In anger, he tweeted to lash out at Lu Fei for cooperating with retail investors to raise the stock price——
mean!immoral!There is no bottom line!
As a result, he was pushed back by the turbulent public opinion.
"Damn you bitch! What a rotten person!"
Lyft cursed and threw the phone aside.
Not only did they cut my leeks, they also harassed my family!
When I think about the fact that investigation applications and evidence of Internet explosions have been submitted to regulatory authorities such as the SEC and the Ministry of Justice, it turns out that up to now, the short sellers have been blown away and there is still no trace of them.
Is there any king law?Are there any laws?
What do the Department of Justice and SEC do?
Just when he was depressed, the host of Fox News broke into the news urgently when reporting on the latest situation of the Penguin short squeeze.
Regulatory agencies such as the SEC and the Department of Justice will investigate the abnormal trading of Penguin stock and will hold a multi-party joint hearing.
"It's here, it's finally here!"
Left was so excited that the sky opened its eyes!
However, before he could be happy for a few minutes, he discovered that something was wrong. The person under investigation was not Lu Fei, Penguin, or retail investors who were short-selling in a group, but hedge funds such as 72 Points, Castle, and Melvin, as well as Citron, Mitchkin, etc. Wait for short selling institutions.
“The focus of the Ministry of Justice’s investigation is, first, whether hedge funds have obtained the report content from short-selling institutions before the release of the short-selling report and arranged profits in advance..."
"Fifth, and finally, whether there is an interest relationship between these hedge funds and short-selling institutions, including how hedge funds and short-selling institutions allocate short-selling interests."
Oh my god, why are you treating me here?
Why not Lu Fei!
I am the plaintiff!I am the victim!
Lyft ignored this, picked up the keys, and hurried to the garage. While running, he called his subordinates:
"Get to the company right now! Destroy any documents that are not beneficial to Citron immediately! Now, immediately!"
As for the Castle Fund, which is in cahoots with Citron, its office building is still brightly lit late at night, and its crushers keep humming.
Even before the news was released, the boss of Citadel Capital, which had strong personal connections and even had connections with the Federal Reserve, immediately ordered his funds to be "destroyed."
"We're doing it, we're doing it!"
The fund manager directed his confidants to destroy evidence.
"Look carefully at me. Don't leave any paper or electronic materials, not even an empty folder!"
The executives kept urging and were anxious.
The employees work overtime and are so skilled that it makes people feel distressed...
It seems that the market maker can count the tickets happily as long as he holds a cigar in his mouth and turns his hands upside down. However, the reality is that the buyer's market and the seller's market are not so balanced. For example, the market maker receives a lot of orders and cannot sell them. If you go out, it will be a loss to your own hands, so hedging by market makers is a very common operation.
But Castle Capital is obviously playing something very new.
Joining hands with a short-selling fund like 72 Points and a short-selling institution like Citron Capital, we act as sellers, buyers, and referees. But we never expected that we would be pecked by geese all day long!
"Zizzi, click!"
Too many documents are crammed in at once, and the shredder jams.
At this moment, there was a burst of movement outside the door. It was obvious that the main entrance of the building and the door of the office area on this floor were locked. Obviously, the front guarded by the close confidants had fallen.
"FBI, open the door!"
"Dong dong dong, open the door!!"
But it can be done once, not again. Follebo was completely impatient and directly chose to attack violently, smashing the door with a hammer and a bang.
"Bang! Bang!"
"Don't move! Put your hands up, FBI!"
As the door was broken open, a group of heavily armed Forebo poured into the office, showing their IDs and search warrants one after another, saying that under the order of the Ministry of Justice, "You have the right to remain silent..."
"We're going to wait until our lawyers get here."
Everyone put down their documents, raised their hands high, and saluted with the highest French military salute, otherwise they would be sorry for such a big battle.
This is still hedge funds with backgrounds and connections, small and medium-sized funds and short-selling institutions without foundations, which are completely in despair.
Any crime will be brought to justice!
Of course, there are also many fund managers who seem to have either resigned themselves to taking the blame or jumped off the building after hearing the mysterious phone call "I will support your wife." There are various ways to commit suicide.
It is worthy of being a high-risk profession on par with neon accountants and stick leaders. Wall Street is bleeding like a river because of short-selling penguins...
Along with the epic bloodbath of short sellers, Penguin's long-short battle has come to an end. The stock price has been fluctuating in the range of 5% to 25%, unable to go up or down. It seems to be bringing an end to this battle of the century. No surprise, The Penguins will pull back soon.
Fundamentals will also go towards normal.
At this time, it should have been the long-awaited harvest moment for short sellers, but surprisingly, no short seller dared to enter the market again.
Just because Lu Fei tweeted, "Who else!"
Citron was the most cheery when it came to short selling, but now it is the most timid. It was the first to raise the white flag and announced that it would stop short selling business for nearly 10 years and focus on providing long selling advice to retail investors in the future.
Where there is the first, there is the second and the third.
Things are only going to get tougher for short-selling institutions on Wall Street, which face tight regulation, and the same goes for hedge funds.
Gossip about Melvin Capital’s handler is circulating on Twitter, and it is rumored that his wife is divorcing him.
Originally the credibility was open to question, but the person involved personally replied on Twitter, “My hedge fund has lost 53%, plus my wife wants to take 50% from me, which means I will lose a total of net worth. 103%.”
In the comment area, there are people who are making fun of me, and there are also people who are complaining.
“This Penguin short squeeze gave me a taste of what it’s like to be a millionaire, but I still miss my days as a billionaire even more.”
"Five-star General MacArthur once said: If our enemy is China, I will allow soldiers to become deserters."
"God asked me to kill Huaxia Lu, and I pointed my gun at God."
"No one can make Huaxia Lu sign the surrender document because he doesn't know how to write the word 'surrender'."
"After hearing Lu Fei's name, Wall Street kids dare not cry at night." "..."
After the Penguin Short Squeeze, Bloomberg, "Wall Street Journal", "New York Times" and other media no longer called Lu Fei the "Stock God", but the "Oriental Stock Demon" and "Financial Satan"...
The news spread to the country, to Hong Kong and Taiwan, and to the mainland. The funds involved in short selling were all over the place, but most companies were completely boiling. Mr. Xie Lu vented their anger on their behalf.
After all, Chinese concept stocks have always been bullied, oppressed and harvested by Wall Street short-sellers and short-selling institutions. Sohu, NetEase, New Wolf, Shanda, Baidu, etc. have all been more or less difficult.
Mr. Lu is simply taking revenge for all Chinese concept stocks!
Online forums, portals, Weibo, etc. collapsed, and major TV stations rushed to report on the causes and consequences of the Penguin short squeeze, the ins and outs, and the amount of Lu Fei's profit this time——
It is expected to be 200 billion US dollars!
"Medicine, Qingqing, medicine!"
Liu Chuanzhi turned pale and covered his chest in pain.
"Dad, what's the matter with you, Dad?"
Liu Qing hurriedly brought quick-acting Jiuxin pills and water.
"Lu Fei, why don't you die! Why don't you die?"
Liu Chuanzhi swallowed 10 quick-acting Jiuxin Pills in one breath.
"Dad, don't be angry. These are only temporary. What you call a billionaire or the world's richest man will soon be gone. When Penguin's stock price corrects, what it was before will be what it will be after. At most, the market value has increased a little. .”
Liu Qing patted his back.
"Huhuhu~"
Liu Chuanzhi was out of breath and speechless.
"Really, just a few hundred million!"
Liu Qing knew that Lu Fei was his inner demon and the root cause of his illness, so he had to deceive and comfort him in good faith. Of course, Penguin's market value would return to normal, but it might rise to 800 to [-] billion US dollars.
It is very likely to surpass Google in second place, Feigou in third place, and Amazon in third place, and temporarily become the number one Internet stock in the world.
"Qingqing, you are the executive director of Goldman Sachs China. Let me ask you, if Xiangjiang's fund goes bankrupt and liquidates, what will happen to the money entrusted by investors?" Liu Chuanzhi looked sideways.
"Then you have to wait until the liquidation to get back the principal, but the liquidation time is relatively long. Once the liquidation process enters..."
Liu Qing's eyes widened mid-sentence, "Dad, could you be shorting Penguin too? No way!"
"no……"
Liu Chuanzhi's face was ferocious and he was wearing a mask of pain.
"Dad, how could you have thought that...you must have listened to the inside story I revealed to you about Goldman Sachs's short-selling of Penguins, right?"
Liu Qing was shocked and anxious. He knew that the Xiangjiang hedge fund, which was covered by mainland funds, had been shorting Penguin.
But I never imagined that there would be a family like theirs!
"It wasn't me who instigated it. Several Xiangjiang hedge funds my father invested in were shorting Penguin. They either went bankrupt and liquidated, or they ran away with the money. This time, the loss..."
Liu Chuanzhi was so distressed that he could not speak and drank some water.
"How much was lost?"
Liu Qing was excited and asked eagerly.
Liu Chuanzhi stretched out five fingers and gritted his teeth.
"5!?"
Liu Qing saw him shaking his head and exhaled: "5 million? Huh, Dad, don't get angry. Although 5 million is a lot, it's still Hong Kong dollars. You're not worth it for 5 million Hong Kong dollars." My body is so angry." However, I noticed that his expression was wrong, and after being stunned, I said weakly: "It can't be RMB, right?"
"It's a beautiful sword!!"
Liu Chuanzhi howled loudly, crying with anger.
my money!My damn money!
And not only him, but all the money of Lu Zhihao in Taishan Club, Zeng Maochao and others in Lianxiang were wasted!
"Ah? Dad! Dad!! Dad!!!"
Liu Qing saw that his limbs were twitching with anger and quickly called a doctor.
On the TV at this time, the host was reporting:
"Affected by Penguin's short squeeze, the 'Lu Fei concept stock craze' has been triggered globally. Lu Fei publicly holds many companies, including Feigou, Baidu, New Wolf, Netease, Amazon, Google, Netflix, Hantang and other stocks , all rose at different rates, with the largest increase in the Han and Tang dynasties, once approaching 850 billion, not far from [-] billion."
"Hong Kong stock market is experiencing a major earthquake! Xiangjiang Telecom is suspected of changing hands."
"It was rumored that Xiangjiang Telecom, controlled by Li Zekai, would transfer control to the Three Body Fund. As soon as the news came out, the stock price soared from 5 Hong Kong dollars to 7 Hong Kong dollars, breaking the long-term sluggish stock price since Li Zekai took over Xiangjiang Telecom. "
"Li Zekai's dream of 'privatization' was shattered. After Penguin, Xiangjiang Telecom was owned by Lu Fei. There was a conflict in fate and the horoscopes were inconsistent!"
"It is rumored that the reason for the transfer of Xiangjiang Telecom was actually Li Zekai's short selling of Penguin, and PCCW's share price subsequently fell for three consecutive years."
"Lu's richest man has added new business territory. He first acquired Xiangjiang Telecom and then invested in Octopus. The Caifubao joint venture officially reached a 3.5% share transfer agreement in Octopus with New World Group."
In addition to the serious media in Xiangjiang, gossip magazines also use their rich imagination and explosive headline skills.
"Boss Yang spent a lot of money to entertain the richest man in Lu and his actress friend. He also had a few meals of Boba ribs, Boba milk tea, and Zul spring rolls. His dick is so hot."
"Lu Fei is suspected of buying a house, what kind of girl is he hiding in the golden house?"
"Tear, tear..."
Looking at the newspapers reporting on Lu Fei, Li Zekai angrily tore them all into pieces and roared, "I'm going to attack your mother! Shovel the Yan family!"
"Use my money to pick up girls! Use my money to buy a house!"
"My money! It's all my money!"
Li Zekai scolded until his voice became hoarse, and he drank heavily.
He has been locked in his study these days, feeling a mixture of frustration, humiliation, depression, and pain, and can only survive by drinking.
When I woke up, I didn't go to work or see anyone. I gave Li Huanggua and Lu Fei full control over Xiangjiang Telecom.
At this moment, the landline phone rang.
Li Zekai staggered to the table. As soon as he answered the question, Li Huanggua's tired and slightly angry voice came:
"I'll wipe your butt clean for you, Shai Zai!"
"O-Old Dou, wuwu, Lu Fei is such a bully."
Facing his father, Li Zekai vented the grievances and humiliation Lu Fei had given him like a child acting coquettishly and crying to an adult.
"Are you done venting?"
On the phone, Li Huanggua's tone became slightly gentler.
Li Zekai said: "Hiss, hiss, okay, okay, daddy, I want revenge, I must take revenge. If I don't take revenge, I..."
"What's the point of revenge? You don't have the ability! Stop causing me trouble! Just be your second generation ancestor, pick up your female stars, and have your children. That's all I hope for you now."
Li Huanggua is determined to hand over 40% of the shares in his name, as well as the assets of Hutchison Whampoa and 22 companies, to Li Zeju from now on, which means that the boss will officially take over.
Inherit a family trust worth tens of billions of dollars.
The second child, who has failed one after another, will only provide a special huge fund, but it is less than one-twentieth of the boss.
"Beep beep."
There were busy signals from the hung up phone.
Li Zekai suddenly woke up and figured out something was wrong. He seemed to have fallen into his elder brother Li Zeju's trick and deliberately provoked him to deal with Lu Fei.
If the family is like this, no one is good!
"boom!"
The bottle was thrown to the ground, shattering into pieces and flying.
"Why didn't Zhang Ziqiang vote against you in the first place?"
When Li Zekai thought of gangsters, a terrifying thought flashed through his mind, hiring murderers, but he gave it up immediately.
If anyone dares to touch him, his whole family may be buried with him...
If you can't be tough, then be soft. The enemy of your enemy is your friend. Who could be the enemy of this bastard Lu Fei?
Thanks to Yao Ye Da Mo Wang for the 1500 starting coins.
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