Rebirth of the Financial Crisis Sweeping the World
Chapter 434: 434 You?
Chapter 434 Is it you?
Wang Guanxi immediately connected the phone and asked: "Feroz Sanhavi, what did you call me suddenly??"
Feroz Sanhavey said on the phone: "Of course something is going on, don’t let me call you for anything!"
Wang Guanxi asked: "What's the matter? Settling the stocks of Bank of America?"
At present, Wang Guanxi’s No. 4 Fund is shorting 200 million shares of Bank of America Corporation, with a principal of 3 billion US dollars. The position has not yet been liquidated.
Imperial Bank of India borrowed 50 million shares, India United India borrowed 100 million shares, and Legg Mason Group borrowed 50 million shares!
And the Indian Imperial Bank frantically blocked itself when Wang Guanxi shorted Bank of America for the second time, almost letting Wang Guanxi’s No. 4 fund liquidate, but in the end Wang Guanxi won.
The share price of the Bank of America has fallen terribly. Needless to say, the Indian Imperial Bank and the United Bank of India have suffered terribly.
Feroz Sanhavi smiled and asked, "Wang Guanxi, are you planning to liquidate the stocks of Bank of America?"
In January, Wang Guanxi again shorted Bank of America. He and Jirayu Amin of the United Bank of India went to block Wang Guanxi together. His Imperial Bank of India bought a large number of shares of Bank of America.
Now holds 300 million shares, with an average position of $17 per share, of which 50 million shares have been lent to Wang Guanxi.
Now he wants to explore Wang Guanxi's tone. If Wang Guanxi intends to liquidate the short list of Bank of America, he will not consider clearing stocks for the time being.
Recently, he came to the United States to acquire a lot of real companies and spent a lot of money. Now that the economic crisis is sweeping the world, the Imperial Bank of India has also been hit. It needs funds, but it does not necessarily need to settle the stocks of Bank of America.
At this time, Wang Guanxi smiled: "I have no plans yet. Bank of America's stock price will continue to fall. I hold it and keep making money. Why should I clear the short list of Bank of America?"
Wang Guanxi saw that Feroz Sanhavi on the phone was silent, so he smiled and asked, "Feroz Sanhavi, are you trying to test my voice?"
"Hehe, tell you the truth, I really have no plan to liquidate Bank of America. I will wait until Bank of America's stock price drops to $1 per share and then close the position!"
"Your Imperial Bank of India just wants to settle with me, I don't agree with it"
Feroz Sanhavi smiled: "Wang Guanxi, are you so confident?"
Wang Guanxi said indifferently: "How can I mix in the financial market without any confidence?"
Feroz Sanhavi shook his head and smiled: "Wang Guanxi, I think you are just conceited. I think the stock price of Bank of America has bottomed out, and it will definitely not fall in the future."
"At most, it will fall to 3 US dollars per share. I advise you to close the short list of Bank of America as soon as possible."
"Otherwise, hey, when the stock price of Bank of America Corporation rises, your profits will decrease all the way."
Wang Guanxi smiled; "Feroz Sanhavi, it is you, not me, who are conceited. You are blindly conceited. You came to stop me when I shorted Bank of America for the second time. Look, you are because You are blindly conceited, and you are so miserable!"
"The outcome between us is determined!"
Feroz Sanhavi sneered: "Wang Guanxi, if it weren't for the historical record of the U.S. economic retail sales at the time, the stock market plummeted, coupled with the Fed’s Beige Book report, which caused the U.S. stock market to plummet, you would be bothered by me and Kyrgyzstan. Rayu Amin is out of business!"
At that time, he remembered the two sides fighting on the stocks of Bank of America. He and Gilayu Amin had a big advantage. Unexpectedly, the economic data was extremely poor and the U.S. stock market plummeted. Then Wang Guanxi also hit the market at a high position, driving the market. Many short sellers on the Bank of America sold the shares of Bank of America, causing the stock price of Bank of America to plummet!
At that time, he couldn't protect the market, and watched the stock price of Bank of America fall from $18 per share to $12 per share.
Tangled the Imperial Bank of India and the Union Bank of India.
"You were just lucky at the time, your arrogance almost broke my position!"
Wang Guanxi laughed: "I have made money, you have lost money, and you have lost so much. I remember that you hold 300 million shares of Bank of America, right?"
"Now that I have lost so much money, do you still have the face to say that I am arrogant?"
Feroz Sanhavi smiled: "You are just lucky, the economic data at the right time, and the Fed’s white paper report helped you. Otherwise, you would burst your position early. If you were not lucky at the time, you are The operation, I will let you liquidate your position in minutes!"
Wang Guanxi also smiled: "Just you?"
"Hehe, Nehru, Sundeep Batra, Ratan Tata, Anand Mahindra, and Rajuslov have been beaten to my knees by me. The next one is you and Gilayu. Amin!"
"To be honest, the 7 of you are just a mob in my eyes!"
Feroz Sanhavi listened to Wang Guanxi’s words, and he was immediately exasperated. How dare the Chinese Shrimp King say that the seven of them are mobs?
"Wang Guanxi, you are not worthy of being compared with me, I am Feroz Sanhavi in the business world. When in the financial world, you were still flushing the toilet in the school toilet!"
Wang Guanxi smiled: "You are just a defeated subordinate, what right do you have to be arrogant in front of me? You don't deserve to be arrogant in front of me!"
"Look at your investment. I heard that you invested in East West Bank in 2007, and now the stock price of East West Bank has fallen into shit. Are you planning to sell the stock, right?"
"It looks like your Imperial Bank of India is short of money, right?"
"To be honest, your investment is too bad. In 2007, East West Bank's stock price was 40 US dollars per share. Now it has fallen into shit. Wouldn't you think about your investment?"
"What kind of face do you have in front of me?"
Feroz Sanhavi was immediately stimulated by Wang Guanxi, and sneered: "Wang Guanxi, this investment was not my investment at all. I am planning to sell the shares of East West Bank now!"
"You know nothing about business in my eyes, do you know?"
Wang Guanxi smiled and asked: "How to say?"
Feroz Sanhavi smiled and said: "Just you bought Messi's department store and repaid a loan of 1.5 billion US dollars, I think you are ignorant, there is no place to lose money when you have money!"
"Now is the era of e-commerce. You Macy’s is a traditional retail department store in the US retail industry. It is destined to be eliminated in the future. Let me tell you, I also invested in a US retail company. Everyone will be in the retail industry in the future. Competitors, your Macy's department store will go bankrupt within a year!"
"Of course, no more than two years at most"
(End of this chapter)
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