Chapter 389 Old Kerry's position exploded!
Investors are blind, and most investors enter the market to make money.

News about room-temperature superconductors being exposed one after another for fraud makes it impossible not to make people suspicious.

Especially the spectacular decline of thousands of stocks completely frightened them.

Originally, I just followed the hype and thought I could drink some soup. If I didn't run away, I would definitely lose my principal.

The stocks in country M don't have any limit-down or anything like that. They fell directly from 100 to 1 yuan in just a few seconds.

Just when the market was already extremely panicked.

This morning, Chen Daojun, Jiang Shengyu and other fund managers from the company had a meeting together, and it was about 50 minutes before today's opening time.

"Master, the market is already in turmoil today, and everyone is on the verge of war. In this case, should we withdraw some funds from the stock market?"

Xin Zhizhu looked at Daojun inquiringly. For him, withdraw now, and then enter again when the news comes later, so as to maximize his benefits.

Jiang Shengyu and others also agreed.

Everyone who invests in finance likes to squeeze out every last bit of profit.

Seeing profits lost in vain is the biggest original sin.

But Chen Daojun had already considered this, and he remembered Li Chaoren's famous saying.

Don't earn enough for the last copper plate.

This creates the opportunity to run away before every risk comes.

"Indeed, we are withdrawing now, no matter what anyone says, but we are too big to guarantee that someone will make the connection. There is endless money to be made. Sometimes, when the money reaches a certain level, what we should consider is how to protect it. Safety!"

Chen Daojun distributed the prepared copy documents to fund managers who flexibly allocated the five major closed funds on a daily basis.

Chen Daojun named 15 tickets in the document, and these tickets belong to the current combination of "Daily 20".

No one in the company's investment research department or the management teams of major funds questioned his investment level.

They are all mid-cap stocks with a market value of more than 50 billion, which is not small. This means that the five closed funds can all be established together. The five fund managers discussed with each other. These tickets ordered by the BOSS must be allocated, but how to allocate them specifically? , the proportion issue must be discussed with each other, some can overlap, some are allocated separately, and the other funds will not be allocated.

This is done so that when the time comes to adjust positions and exchange shares, you don't have to hit each other's market. After all, we are all our own.

Chen Daojun looked at Xin Zhishu and said: "Today's daily value growth is mainly based on position rebalancing and stock exchange. Superconducting concept stocks are unbeatable and are the ballast stone. Bank stocks, including Wells Fargo's, must be liquidated before the market closes." Finish."

Xin Zhisuke nodded, "Understood!"

Chen Daojun added again: "In addition, the positions of the two top ten stocks we bought, copper futures and lead futures, have been reduced to 5%."

Shinnosuke nodded again.

The stocks currently held by Daily Investment are only 20 stocks, which can be said to be highly concentrated. Among the bank stocks that are required to be liquidated, except for the Bank of Country M, which is a heavily held stock, the others are all lightly held.

The same is true for futures. Chen Daojun did not invest a lot of money.

But in the future, the trends of these futures will go up, including those with superconducting concept targets, as well as electrical, semiconductor and other things. They will no longer be Chen Daojun's sweetie.

Just kick him away.

"These targets will start building positions this month, and they will be opened today."

Chen Daojun handed a document to Xin Zhishu. He would not go to the trading room. He would just leave the adjustment of positions and stock exchanges to them.

Of the original 20 target investment portfolios, 14 were eliminated. The bank reduced some positions, but other stocks were replaced by superconducting concept stocks.

After the adjustment of positions and shares, the daily investment portfolio has reached 23 varieties, 3 more varieties than the previous adjustment.

The scale of stocks involving the concept of superconductivity has reached 95 billion.

Give the outside world a posture of superconducting concept on the daily bar.

This operation, in Chen Daojun's words, is no different from the shock and washout of the stock market.

Just to wash out more retail investors and funds that are not determined.

Let the chips be lower and Chen Daojun can make a better move!
Sure enough, superconducting concept stocks continued to fall gradually the next day.

Retail investors who had originally remained on the sidelines sold off, causing the stock price to fall further.

Kerry's father was staring blankly at the screen in the stock exchange hall. He was stunned for a long time.

Until his wife next to him reminded him: "The stone hammer is no longer a superconductor. Let's cut it. If we don't cut it, we won't even be able to save our lives. How can we rescue Kerry? Now we only lose about [-] yuan."

"Hey"

Old Kerry suddenly seemed to have aged more than ten years for a moment, and his haggard appearance could make him 80 years old.

As if he had finally made up his mind, he hunched over and walked to the trader. Looking at the enthusiastic female trader, he was silent for a few seconds and then looked back at the big screen for the last time: "Help me sell Texas Electric. My account RS”

It seems that female traders have long been commonplace. She kept operating her hands and said gently: "Please wait a moment. I am currently selling stocks for the last customer. It will take about three minutes."

"Please hurry up."

When Old Kerry discovered that the stock price had started a new round of diving, he became nervous and kept urging.

About half an hour later, after losing $19, Old Kerry finally managed to escape.

Looking at the falling superconducting concept stocks, I thought of the guys around me who lined up to sell stocks just now.

An idea suddenly came to Old Kerry's mind.

That is, since the market has been falsified, why don't you backhand short?
Thinking of the 140 million in funds that were used to liquidate his position, Old Kerry bleeds in his heart.

Now, he is like a gambler who only wants to make money quickly, even if it involves high risks.

The remaining 150 million US dollars in his hand, he wants to increase it ten times, no!
20x leverage!

Old Kerry murmured to himself: "Just once, just once, just this time, I can save my son!"

What he didn't know was that when he started investing all his money in short selling.

All the funds, all holding costs, were summarized into information as if transparently, and presented to Chen Daojun's desk.

At this time, Chen Daojun and Wu Bingjun were sitting together chatting. When he saw this information, Chen Daojun finally put down a stone in his heart.

What he is most worried about is that the other party is too scared to enter the stock market again.

Unexpectedly, an old man of this age would be so crazy.

That being the case, then have fun with him!
Seeing the smile on his face, Wu Bingjun stood up uncomfortably: "Master, do you think we need to do something else?"

"Spend some money to advertise near his house and encourage the old man to sell the house."

Wu Bingjun seemed to have heard a fantasy: "His house is located in a wealthy area and the conditions are quite good. How can it be sold?"

"He will. The reason why people haven't reached that point is because they haven't reached the end yet!"

Looking at the cars rushing downstairs like beetles, Chen Daojun crossed his shoulders.

"We can let them prepare. The video should be clearer and the exposure should be higher."

"Yes, I will arrange it!"

After Wu Bingjun left, Chen Daojun picked up the phone and called the woman across the ocean.

Seeing the call from Chen Daojun, Mao Xianmin, who was sitting next to the hospital bed, snorted: "This busy man finally thought of calling. It's so hateful. This is how he treats his savior."

"It's okay, he's busy, I'm fine in the hospital, there's no need."

Jun Ji-hyun quickly said that he would never blame anyone for this.

If it weren't for Chen Daojun, he might have been locked up in a dark place like a military camp, and he might not even know that his parents were gone.Besides, it was voluntary for me to block the gun, so why did I expect so much?

"Ahem. I'm really too busy. I'm sorry. I said sorry to Zhixian and said that I would help her vent her anger and let her rest well. I'll use whatever medicine is expensive and good. Don't worry about money. Old M’s wool will turn white if it’s not shaved!”

Since Sol learned about Chen Daojun's relationship, he has been particularly respectful to him and said that the base hospital can be used casually.

If it's not enough to dislike doctors, he can even transfer people from China.

Of course, this was a polite statement, Chen Daojun just listened.

"Wait, it won't be long."

He didn't explain much. He just chatted with Mao Xianmin for a few words and told her newspaper that as long as Chen Daojun sent people to send articles and promote them vigorously, it would be enough.

"Okay, come back early."

Mao Xianmin hung up the phone with a gentle tone, and it was precisely because of this tone that Quan Zhixian secretly asked her some little secrets.

The two best friends burst into laughter.

It's another Wednesday.

On the night when the concept of superconductivity gradually fell away, Jin Zhixun, a research member of Hanguo's "world's first room temperature superconductor", responded: LK-99 material may be replicated within a month, and the team can provide guidance.

As soon as the news came out, it was ridiculed by the crowd.

Everyone said that your papers have been proven to be false, so how true are the results?

The next day, the concept of room temperature superconductivity did not fall so sharply. Perhaps the market got wind of something, and soon some securities claimed that they were too busy.

Apparently, it's because a lot of people flooded into the stock market.

On this day, Old Kerry was still very happy. After all, stocks would fall, and as long as they fell, he would start making money.

That's why, today's stock price fell slightly, but Old Kerry didn't take it to heart.

He even took the time to visit his son and promised that Kerry would be rescued soon.

Two people, just this night.

News of the explosion once again spread throughout the scientific community.

On May 5, the first batch of repeated experimental results of LK-1 were released:

Two of the three papers are from China:

A research team from a Chinese university of science and technology successfully fired the first non-Hanguo laboratory product LK99 in the laboratory.
And the team’s first video announcement:

They have synthesized a LK-99 crystal that can be magnetically levitated. The crystal's levitating angle is larger than the magnetic levitating angle of the sample obtained by Jin Zhixun and others at Hanguo Quantum Energy Research Center. It is expected to achieve true contactless superconducting magnetic levitation.

Judging from the video released by a research team from a Chinese university of science and technology, the LK-99 crystal synthesized by the research team is a "little black dot" under a microscope, with a diameter measured in microns.

Put a piece of NdFeB magnet under it, and the "little black dot" will keep falling or standing up as the NdFeB magnet approaches and moves away. The above reaction will occur regardless of the S pole or the N pole, that is, repulsion and The magnetic poles are irrelevant and show diamagnetic properties.

In the video, a researcher introduced: "There is diamagnetism, but it is relatively weak. There is no zero resistance, and the whole thing is just a semiconductor curve. It is estimated that if there is a superconducting phase, it is also a trace amount of superconducting impurities, which cannot form a continuous superconducting passage."

LK99 finally reappeared successfully today, and the industry is very excited.

However, the research team also pointed out that currently only the Meissner effect has been verified, with only a sample of a few tens of microns in size. If further resistance measurement is required, it will have to wait for the next batch of samples to come out.

With a difference of no more than two hours, room temperature superconducting levitation has also made relevant theoretical progress.

Sinéad Griffin, a nanostructured materials theory researcher at Lawrence Berkeley National Laboratory (LBNL), the top laboratory in the United States, published a paper on arXiv.

He said that he used the density functional theory (DFT) and GGA+U method to perform calculations, and finally found that the substitution of copper resulted in an extremely narrow (bandwidth of only 130meV) flat band at the Fermi level.

This calculation theoretically supports that LK-99 has room-temperature superconducting capabilities.

This means that theoretically, as long as LK99 is fired well, it can have room temperature superconducting properties.

This news has both data and authoritative assertions.

Some are already considering a switch.

What finally strengthened everyone's confidence was that Sange and Da Mao Laboratory successively announced that they had successfully fired LK99, and their shapes were larger and more intuitive.

Room temperature superconductivity, done!
Now after a week of decline, the price of superconducting concept stocks has reached a historical low, which is a good time to get on board.

Countless people beat their chests because they had a premonition of false news.

Many people tossed and turned and couldn't sleep. Finally, with red eyes, they adjusted their minds and vowed to rush to get in the next day.

Even many financial commentators began to pay attention to this matter and urgently accepted exclusive interviews.

No way, their fans are mentioning this.

When it comes to superconducting concept stocks, it is natural to avoid the Daily Sports Group. Daily Investment firmly holds the concept of superconducting, and the popularity index of keywords such as huge profits is also rising.

At the opening of the next day, 459 shares of Superconducting Concept rose during the session.

Among them, the electrical company with the steepest rise had a 60% increase, which shocked many retail investors.

In the exchange, everyone looked at the market and talked about it.

"It's so cool, the first time Stud bought it, I made a huge profit of nearly 60 points in one morning. It's a big profit."

"Is it too late to get in the car now?"

"I can get on the bus anytime, but I'm afraid you won't be able to get on."

"Scared~, it has risen so much in one day, it's too exaggerated, what if there is another reversal, the rise is fierce, and the fall is also fierce, I'd better wait and see."

"Is it high now? It will only be higher in the future. If you look at it next weekend, you will find that this position is on the floor. LK99 superconductivity is real. There is no limit to the rise. The sky is the end."

"I used to look down on those who play funds, since I bought superconducting concept stocks...it's perfect!"

In stark contrast to superconducting concept stocks, people like Old Kerry are leveraging short sellers.

He wanted to run when the market opened in the morning, but unfortunately, he had no chance.

5 minutes, immediate liquidation!

Faced with a call from the fund manager, asking whether to force liquidate the position or renew the margin, Old Chris was silent for a moment and chose to renew the margin.

He tremblingly took out a small card from his body and dialed the number.

"Drip drip"

In Zhuri's private room, one of Wu Bingjun's men received a call.

He knew it was Old Kerry's call, but he still pretended:
"Hello, who is it?"

"Hey, I'm Kerry that your salesman found last time. I live in a red-walled villa in Brooklyn. Didn't you say that my house is worth 800 million US dollars? I want to mortgage it for 700 million US dollars and give it to me as soon as possible."

700 million, this subordinate glanced at Wu Bingjun, and then said in a casual tone: "That may not be possible. In order to prevent risks, we usually go 75-80%."

"Okay, then 640 million, give me the money as soon as possible!"

Old Kerry's tone was very urgent.

"Okay, where are you now? I'll be there right away."

After hanging up the phone, Wu Bingjun immediately ran over to report to Chen Daojun.

"Give him the money as quickly as possible, and then get the property. Next, we will slowly play with him."

(End of this chapter)

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