mage in the late qing dynasty

Chapter 438 Unpredictable ghosts and gods, it turns out that you are the evil dragon behind the scenes

When Zhao Chuanxin's team closed their short positions, they were still absorbing shares by the way.

Why should we absorb it?
Because borrowing shares to sell short at a high level is to borrow shares of United Copper from others, pay them interest, and then sell the shares of United Copper at a high level.

Now the stock price has dropped to 10 US dollars, and then absorb the amount borrowed before at a low price.

Back and forth, on average, I made a difference of more than 40 US dollars.

This is called borrowing stock to sell short, and it is a trading strategy. Compared with the leverage of capital lending, although both involve borrowing funds for investment, the concept and operation method are different.

Zhao Chuanxin's team operated a huge amount of money, and even stabilized the stock price of United Copper at $10, and even slightly increased the stock price of United Copper.

But the wave of selling is still raging.

Nearly half of Zhao Chuanxin's team's money was used as a deposit, so it was necessary to have a strategy of borrowing shares and selling short to maximize profits.

If there is no deposit, Zhao Chuanxin's team will earn more money.

At the same time that Jesse Livermore closed his position and absorbed a sufficient number of shares borrowed back, Thomas W. Lawson immediately transferred the margin.

Because, there is a bigger storm coming soon.

These several things were going on at the same time. Today, there was no time to grind their teeth with the Heinze brothers. Everyone was too busy to touch the ground.

It didn't come to an end until the evening, when the market was about to close.

Thomas W. Lawson came back with a tired face and said, "Boss, there are still some parts that haven't been transferred in time."

Zhao Chuanxin frowned: "How much more?"

"About 750 million dollars."

Zhao Chuanxin was taken aback: "We closed positions and absorbed shares very quickly, why so much money hasn't been raised yet?"

According to the ratio, there should be at most 100-300 million at this time, even if the efficiency at this time is far from that of computer operations in later generations.

Thomas W. Lawson said helplessly: "Because the Knickerbocker Trust Company, Merchant National Bank, Bank of Montana...but all the banks and trust companies that the Heinze Brothers have business dealings with have all been run on by retail investors. We count Only VIP-level customers can be dealt with first, but they still haven't been able to propose all of them."

This situation occurs because it is necessary to close the position and absorb the shares of United Copper while withdrawing them. They cannot all be raised at the same time. It must be in proportion.

Regardless of whether the final profit is 1.5 million or 750 million, $[-] million is not a small sum.

That is equivalent to 1500 million silver dollars. Even Aixinjueluo Yikuang, the Qing prince who was the most money-gatherer in the Qing Dynasty, had accumulated wealth for a lifetime, and his assets were only 7000 million silver dollars.

Zhao Chuanxin will not give up.

He frowned and said, "Continue to mention it tomorrow."

Although he knew about the wave of runs, the margin must be paid.

His reaction speed is fast enough, otherwise it will be more troublesome.

Thomas W. Lawson nodded, and he asked, "Boss, what about the celebration dinner tonight?"

Zhao Chuanxin was not stingy this time, and waved his hand: "Let's hold it."

Because a large amount of money has already been pocketed, the rest, except for the 750 million security deposit that needs to be anxious, the finishing work is not urgent, and there is even some room for profit until the 20th.

It was only when he walked out of the street exchange that he ran into Fritz Heinze again.

This time, Fritz Heinze, Charles Morse and Otto were downcast.

In this battle, they suffered heavy losses.

To make matters worse, they heard about the run.Just like Cao Cao embarked on Huarong Road.

The three of them were not simply depressed, they were even a little frightened, because the seriousness of the matter they manipulated exceeded their expectations.

When I saw Jesse Livermore and Thomas W. Lawson, enemies met, I was extremely jealous!

Charles Morse lost the air he had before, and lost the airs and pomp of the "Ice King". Although his face was full of murderous intent, his eyes were wandering.

But when Fritz Heinze saw Zhao Chuanxin, his head seemed to be struck by a bolt of lightning.

The fat man rushed forward anxiously, reaching out to grab Zhao Chuanxin's collar: "Please explain clearly to me..."

Zhao Chuanxin's physical fitness was very good before practicing the balance technique.

In addition, during this period of time, he has practiced the balance technique diligently, his body is extremely flexible and flexible, and his nerve response speed is super fast, so he can easily dodge it.

Fatty Bai's hands were empty.

He staggered two steps before he stopped.

Seeing the reporter taking pictures, Zhao Chuanxin turned his head again, exposing the back of his head, took out his cigar and lit it: "Sorrows and sorrows change. Many times, suffering is a blessing, brother."

Fritz Heinze gritted his teeth: "Then I wish you the best of luck!"

"..."

Zhao Chuanxin was speechless.

There are not many people who can make Old Zhao dumb.

Seeing that Zhao Chuanxin was speechless, Fritz Heinze stared: "What do you mean by the words you once said to me?"

"Oh..." Zhao Chuanxin looked stunned: "Heroes don't ask where they come from, young men don't know young women. Women don't understand that men want to become stronger, because women don't need to become stronger to be loved. These two sentences are very simple. That is to say, I'm still young and don't know the benefits of young women, but at first glance, Brother Ni is a professional Cao Cao. The latter sentence, I mean, Rebecca will not understand your pretentious behavior, because women don't need to change Qiang, you only need to be beautiful and act like a baby to be loved. So, don't waste your efforts in vain."

"..." I, Cao, do you mean that?Fritz Heinze had a grim face: "What I'm asking you is the latter, don't pretend to be stupid!"

At this time, he still cares about a chicken feather woman?
Zhao Chuanxin held a cigar and said with a faint smile, "I'll talk nonsense later, so I forgot."

If Zhao Chuanxin said this before, Fritz Heinze would either be skeptical or believe it.

But now, he suddenly felt that Zhao Chuanxin had become unpredictable.

"As for Charles Barney, he is not a little white rabbit. As we all know, manipulating a stock price is far more difficult than the value itself. Therefore, the ice and canal business is doing well, and the short sellers may not heed your warning. .Old Morgan watched the fire from the other side, and the finances of the New York government office will be insolvent..."

There is also the sentence: "You are almost done, don't invest any more, we have made enough money."

Zhao Chuanxin's nonsense before, and now Fritz Heinze's careful reading, really careful and frightening.

The old fox Charles Barney must have seen that the market value of United Copper at this time was several times larger than Charles Morse's ice-making and canal business, so he refused to cooperate.

And they manipulated the stock price, but underestimated the number of outstanding shares in the hands of retail investors.

The short sellers tried to see through their bluff and the stock price plummeted.

As for what Zhao Chuanxin said later, although Fritz Heinze didn't fully understand it, he already had some clues, and felt that they would all be realized one by one.

The more he thought about it, the more startled he became, and the more he thought about it, the more angry he became.

Then he looked at Jesse Livermore and Thomas W. Lawson, and suddenly felt that these two looked like puppets, and the real master behind the scenes was the Asian man in front of him.

Long before it happened, this man saw it all.

Then use their process of building up and down to squeeze out every penny of them and the leeks!

Yes, definitely so.

Think about how Thomas W. Lawson manipulated the market to make a small profit before accumulating strength, and then used real money to absorb the shares of United Copper at a low point, pretending to want a piece of the pie to dispel their suspicions, and then in their capital pool When it's sold out, go short at a high point.

I'm going to boil... Now that I think about it, it turns out that they have mastered every point.

It was true that Thomas W. Lawson and the others had already earned enough, and Zhao Chuanxin even blatantly persuaded him to let him stop.

But how could Fritz Heinze listen to such words?Just treat Zhao Chuanxin as a fool.

But now it seems that I am the biggest fool!

After thinking through all this, Fritz Heinze staggered back and pointed at Zhao Chuanxin who was shrouded in smoke: "You, you, you are the dragon!"

The "Wall Street Journal" reporter next to him saw that Fritz Heinze was terrified at the Asian man, and every time the muscles on his white and fat face trembled, there was an icy feeling.

He was very curious, who is that Asian man who can scare the famous "Bronze King" like this?

But Zhao Chuanxin only left the back of his head, so he wanted to turn to shoot.

Seeing this, Zhao Chuanxin slapped his backhand, and the camera was shot flying five or six meters, rolled on the ground, and fell to pieces.

He puffed out a mouthful of thick smoke: "Get out!"

The reporter didn't dare to move inexplicably.

The prestige of a single word is so powerful that it is a fellow!

The confidence and domineering general that Zhao Chuanxin inadvertently revealed seemed like a general who had passed through thousands of troops without changing his face. How could it be the same as the waste material that Fritz Heinze saw at the beginning and was disgusted by his wife?
It was an aura of killing people like hemp, soaked in blood and fire, far from the limp cards that Fritz Heinze piled up with money.

Sure enough, this bitch pretending to be a pig and eating a tiger is a son of a bitch!

Zhao Chuanxin slapped the camera away, and smiled at Fritz Heinze: "Remember next time, don't get together when you start a group, or you will be targeted. It's so lonely, there is no one on Wall Street who can fight!"

After speaking, he put the suit on his body, turned around and left, the smoke of the cigar and the fog of Wall Street merged into one.

The reporter's eyes lit up, he was not annoyed when the camera was blown away, and he still remembered to quickly record the information with a pen and paper.

Later, Thomas W. Lawson stepped forward, took out his wallet from his pocket, and threw a stack of banknotes into the reporter's hand: "I will pay for your camera."

Fritz Heinze: "..."

Sure enough!

He thought of Zhao Chuanxin's last sentence: "Remember next time, don't get together when you start a group, or you will be easily targeted..."

Now, he felt that every word Zhao Chuanxin said had a deep meaning.

Could it be that?
I boil...

Thinking of the small-scale run on all the banks and trust companies related to him today, Fritz Heinze's complexion changed drastically!

If the small run becomes a big run, the consequences will be disastrous.

Suddenly, Fritz Heinze felt a sense of powerlessness, and at the same time had a deep fear of Zhao Chuanxin.

……

Waldorf Hotel.

Abraham Cohen waited anxiously at the gate, taking out his pocket watch to check the time from time to time.

It wasn't until he saw a Xinghui dining car approaching from a distance that he smiled.

The driver was a woman whom Abraham Cohen knew was a neighbor of Rebecca Levi's.

The car stopped in front of the Waldorf Hotel, and Rebecca Levi's voice came out: "Wait, I'll come out after changing clothes."

For a moment, she was wearing the old dress that Zhao Chuanxin wore last time when he made a big fuss at the Holland Hotel, and carefully got out of the Xinghui dining car with her skirt arm in arm.

Even though the dress was old and the materials were not expensive, every time he saw it, he still felt his eyes brighten.

And, today's Rebecca Levi isn't even wearing a hijab.

A head of black hair was pulled up, making her radiant.

Abraham Cohen stepped forward cheerfully: "Rebecca."

He held out his arm for Rebecca Levi's.

However, Rebecca Levi just smiled and didn't reach out...

(End of this chapter)