mage in the late qing dynasty

Chapter 436

The next day, Tuesday, October 10th, the weather changed from cloudy to sunny.

People took off their coats.

Today, there are more people in the exchange, shoulder to shoulder and overcrowded.

It is not easy to squeeze into the foreground transaction.

United Copper opened at $52.

Fritz Heinze was looking at the ups and downs when he suddenly saw a man who stood out from the crowd.

He frowned: "Ethan, why are you here?"

Zhao Chuanxin just got his second salary yesterday, another $500, he said with a smile: "Oh, I resigned!"

He has already basically figured out the situation of Fritz Heinze's fund pool, and he has also received a salary. He is already satisfied and there is no need to stay there.

Fritz Heinze saw Thomas W. Lawson and Jesse Livermore all at the Exchange today.And Zhao Chuanxin stood with them.

He was a little angry, but suppressed his anger, squeezed to Zhao Chuanxin's side and whispered: "I don't care if you resign, or even which camp you are in, but tonight, I want you to bring Rebecca to my At the banquet."

He firmly felt that everything would be settled today.

"Oh?" Zhao Chuanxin frowned: "Why?"

"Why?" Fritz Heinze laughed strangely: "Courage is invincible, fortitude is invincible! Today, I want to destroy the dead, money and beauties. You just ask the price!"

Zhao Chuanxin looked up to the sky and sighed: "Hey, that sentence is indeed correct."

Fritz Heinze frowned: "What?"

"Hehe, no gentry is not bad, and everyone is rich!"

"Hmph, what do you say on Wall Street? I don't care if others scold you, but I will empty your last penny. So, you'd better accept my price!"

Zhao Chuanxin looked at him with pity: "You can't afford the price I want!"

"you……"

Zhao Chuanxin stopped talking to him, but stared closely at the ups and downs.

United Copper's share price continued to rise, $53, $54, all the way to $59.

Fritz Heinze laughed wildly: "You see, you see, it's no good to fight against me!"

At this time, "Ice King" Charles Morse, Otto and others also all came to the exchange.

This is the final battle!
Zhao Chuanxin pulled Jesse Livermore over to whisper a few words, and Jesse Livermore hurried away.

Today, everyone is very tense.

Even Zhao Chuanxin didn't dare to be careless.

All the money earned by Lianhe Copper Industry before, plus the original principal, were all taken out.

Part of the strategy pays interest to borrow stocks to sell short, and the other part uses capital borrowing, that is, leverage.

Since he participated in long positions before, the peak of the stock price will certainly not be the original historical $60.

Then, Zhao Chuanxin must consider the risk of liquidation.

Therefore, the leverage cannot be too large.

But because of the increase in the principal, even if the leverage is reduced, he can still earn more than the original.

Fritz Heinze saw the stock price rise to $60, and he joined Otto and Charles Morse to Zhao Chuanxin, Jesse Livermore, and Thomas W. Lawson.

Fritz Heinze's side is undoubtedly proud.

Fritz Heinze said arrogantly to Zhao Chuanxin: "Now, do you still think I can't afford the price? Make an offer."

Charles Morse said to Thomas W. Lawson: "I have persuaded you, but you did not listen. I heard that you not only liquidated the shares of United Copper, but also went short? Pay the bill, wait for the liquidation."

Otto danced the most: "Livermore, others call you the giant bear of Wall Street, I think you are going to become a mini bear today, haha..."

As they spoke, United Copper's stock price was still rising.

$61!

Zhao Chuanxin said lightly: "I can only say that after today, you must not be overthinking. If you must be overthinking, then pay attention in the next life."

"..." Fritz Heinze: "It's already this time, you're still fucking stubborn!"

Thomas W. Lawson looked at Charles Morse: "Mr. Ice King, ice making is very profitable. In fact, I think it's good for you to stay in Maine and do your old job, but you have to make this trip." Muddy waters. Listen to my advice, Wall Street is really beyond your grasp.”

Maine, geographically equivalent to the domestic HLJ, is the main base of ice production in the United States.

Charles Moores made his first pot of gold by making ice, and then came to New York State to get involved in the shipping of the Hudson River and monopolized the cruising rights.

It can be said that, like Rockefeller, he is one of the people that Luo hates the most.

However, Charles Morse was not satisfied with this, because he found that no matter what he did, there were no huge profits from financial institutions.

So there is today's play.

Perhaps Thomas W. Lawson is a well-known financial writer, but in front of Charles Morse, this identity is not enough.

But being ridiculed by such a guy he looked down upon, Charles Moores immediately became angry: "I don't know, where do you have the courage to talk to me like that."

Jesse Livermore looked at a ticker: "Wow, it's up to $62. Excuse me, gentlemen, I have to do something."

Turn around and leave.

He is more willing to operate the transaction than talk about it, and use the results to slap his face.

And Fritz Heinze and the others were also very excited when they saw the share price of United Copper.

Many people are looking here.

Today is really lively, there are Ice King, Copper King, Wall Street Giant Bear, financial masters, and well-known Wall Street brokerages.

Seeing their swords and swords at each other's throats, this is an excellent after-dinner conversation, and I can talk about it for the first half of the year when I go back.

"Bronze King, Ice King and brokerage, I think they are better."

"Fart, everyone who underestimated the giant bear on Wall Street has suffered a loss. Moreover, that southerner financial master is not a vegetarian. He manipulated the diamond market back then and made a small fortune. He is a complete hypocrite and very insidious."

"Huh? What's the background of that Asian guy?"

"I don't know, maybe the royal family of which country, they have always been very rich."

"Look, United Copper has gone up again, $63!"

Yes, Consolidated Copper's share price had soared to $63, causing an exclamation in the exchange.

However, this seems to be the last swan song, like the afterglow before the setting sun disappears.

Next, the share price of United Copper fell from 63 to 62 to 61...

Jesse Livermore came to Zhao Chuanxin and whispered: "Boss, as you said, their capital pool has bottomed out."

How talented is Zhao Chuanxin?
Neither Jesse Livermore nor Thomas W. Lawson thought so.

Many times, Zhao Chuanxin behaved like a financial idiot, very layman.

However, at every critical moment, Zhao Chuanxin can hit the nail on the head and make a promise.

It was true with the collapse triggered by the Los Angeles earthquake last year, and it is true now.

The two looked at Zhao Chuanxin in admiration—the boss is so awesome!

Although the details of the operation were formulated by the two of them.

But the outline of action for the two was completely given by Zhao Chuanxin.

They can only attribute this to a talent, a talent they cannot explain.

Zhao Chuanxin said indifferently: "Nearly half of our capital pool is contributed by them. One ebbs and another, as fast as it has just risen, it will collapse as fast as it is now!"

The three of them looked at Fritz Heinze in unison.

Fritz Heinze, Charles Morse, and Otto looked at the falling numbers on the board, their faces pale.

They underestimated the outstanding shareholding of United Copper, and short sellers actually have a steady stream of securities to short. This market is no longer the market they thought it was.

How could such a sudden change in such a short period of time?

This is not scientific!
The leeks were also confused.

"Fake, is this still a lure?"

"Take a few handfuls and throw them away!"

60, 59, 58...

The stock price fell rapidly, and when it fell all the way to $52, it rose slightly.

Because some people think that United Copper will continue to rise, and this is a good time to buy bottoms.

In fact, leeks can't figure out the situation.

Otherwise, you will not be harvested wave after wave without knowing it.

Fritz Heinze trembled all over: "Otto, is there any money in the fund pool?"

"It's gone!" Otto said in despair.

Charles Morse opened his mouth and felt breathless: "How could it be? It has risen to $62, and we hold a large number of stocks. How can short sellers still have an opportunity? How dare they?"

Their intake of stocks is also the source of their confidence, and they feel that they can absolutely control the price trend.

Fritz Heinze gritted his teeth: "Don't panic, there is still a chance, maybe it will stop when it falls to $49, after all, we already have a lot of stocks, as long as we don't sell them, there will be no panic."

After speaking, he turned to look at Zhao Chuanxin.

Unconsciously, Zhao Chuanxin's nonsense words that day appeared in his mind.

There is such a paragraph in it: Manipulating a stock price is far more difficult than the value itself.So, if the ice and canal businesses do well, the bears may not heed your warning.

When I heard it, I thought it was illogical.

But now, Fritz Heinze trembled suddenly.

He unconsciously thought of the following words: Old Morgan watched from the sidelines, and the New York government's finances would be insolvent.Although the miser was magnanimous, what he actually took out was only 1000 million.Tennessee coal mines are facing bankruptcy, and antitrust defenders are about to break the crisis.Andrew Carnegie looks like a good guy, but you can't let him suffer...

Old Morgan naturally knew that he was talking about JP Morgan, so who is the miser?

Who are the richest capitalists in New York?
One Morgan, one Rockefeller.

John Rockefeller Sr. has always been famous for "sparing money".And engage in monopoly, eat alone food.

Isn't it a miser?

But what did Rockefeller do with 1000 million?
Fritz Heinze gritted his teeth, shook his head, and put these wild thoughts behind him.

He must be talking nonsense, that's all.

His attention turned to the up and down board again.

However... the stock price rose from $52 to $53, and after a slight pause, the blood volume plummeted again, gliding to $47...

Jesse Livermore's palms were full of sweat: "Boss, do you want to... stop?"

(End of this chapter)