What’s Wrong With Me Being a Rich Man?

Chapter 182 Crash (5k)

On August 18, Eastern Canada Time, just like Paulson's attention to the mountain peak, Chandler is also paying close attention to the research institution.

Or, a hated short seller.

Guoshanfeng is called a research company, but it is actually short-selling to make profits, which was confirmed when it last launched.

Chandler had never heard of its name when he received the Shanfeng email, but after reading the research report, he quickly searched for relevant information and saw that it had successfully shorted Finnish Media, and his mood became even heavier.

The email that took the initiative to "pay ransom" was not responded. Chandler didn't know if others had received similar emails. He could only pay close attention to the other party's actions and make sure he was at the forefront.

While running, you have to shout, "Believe in the company, and believe that the management of Jiahan Forestry can correctly handle external doubts."

More than 80% of Chandler's shares come from the secondary market, that is, non-restricted stocks. Although the overall proportion exceeds 10%, the "early warning report" was released, and more than 2% of the stock changes must be reported later. .

However, such reporting is only reported to the Securities Commission within two working days after the transaction is completed and the documents will be updated.

Chandler repeatedly read the survey from Shanfeng and confirmed that the contents are extremely credible and he has made up his mind that if the other party really makes it public, he can run as much as he can.

Such a decision is of course risky. If there are any problems with the investigation of Peak Mountain, I will become a fool who inexplicably smashes the market.

But…

What if Paulson and Davis also received the email and didn't run away themselves and they ran away first?

He will not try to contact other shareholders, so as not to stop everyone from running together and will further reduce the price. He even hopes that the mountain will report publicly, so try to be a little later.

Chandler doesn’t like the short-selling style of doing things, and thinks they are like a group of hyenas walking through the back door, which is extremely disgusting!

However, he believed in the ability of hyena to get out the back door, especially to cross the mountain. Its last research report on Finnish Media was also very beautiful. The relevant content this time was extremely clear and highly credible.

Since that's the case, then run away!

At 6 a.m., Crossing the mountain officially published the research report and launched a charge.

Chandler was in a heavy mood and watched the message gradually spread. By 7 o'clock, many famous media had reprinted Shanfeng's doubts about Jiahan Forestry.

By 7:30, he saw a news on BNNBloomberg that had been preliminary sorted out.

Preliminary review…

It's only been an hour and a half!

Even if you are named Bloomberg, you can't be so efficient!

BNNBloomberg is a website used by many local people in Canada to obtain commercial information. It is a Canadian business and financial news channel owned and operated by BellMedia. It also uses Bloomberg's brand authorization and technical support, and it often provides commercial and market. And economic news are both real-time.

This time, it is still very real-time!

Chandler didn't want to see this situation, but he couldn't stop the spread of the research content.

He looked at the gradually boiling online reports, discussions and doubts, and even a contradiction emerged in his heart for no reason. If the investigation on Crossing Shanfeng was forged, let’s see what you unscrupulous media that reposted news!

Immediately, he gave the answer himself.

What can I do?

Apologize.

It is possible that you don’t even need to say apologies, just delete them and pretend that they have never happened.

Chandler is not so unscrupulous. He wants to sell and speak out while believing in the company and management, so he will inevitably be questioned and even interviewed afterwards.

He had already thought about dealing with it, that is, a sincere apology, and he was also a victim. The only ones who really planned the tragedy were Jiahan Forestry and its fake management.

This group of people must be punished by law!

At 8 o'clock in the morning, the pre-market price of Jiahan Forestry had fallen by 5 points.

"Tell those media that they should let the news come out quickly." Chandler noticed the trend of the stock price and immediately asked the secretary to take action.

Because I learned the news very late, the options market could not move, and the bulk transaction could not be negotiated. The main battlefield of this sale was in the secondary market, and Chandler was the largest shareholder and did not intend to pass the small trading volume. Before the market.

A few minutes later, he saw the speech he had prepared on the screen.

— “Jiahan Forestry is a very excellent company. It is the largest private forestry company in the northern hemisphere. I trust the management represented by Chen very much.”

— “I hope Jiahan Forestry not only has outstanding performance, but also gains recognition from more people.”

— “In fact, I learned from the management that everyone has considered continuing to go public in New York or Hong Kong. If it succeeds, it will undoubtedly be very encouraging!”

Chandler is the company's major shareholder, and his attitude is crucial. In addition to his attitude, this time even the double listing that he had discussed was launched. This news that obviously stimulates the stock price is something that even Paulson cares about. .

He has not talked about Shanfeng's research, but this kind of voice is undoubtedly easily understood as a supportive attitude.

As expected, the good news of the dual listing has restored the pre-market price of Jiahan Forestry.

Even so, Chandler doesn't think his attitude can play a more role.

Soon, Jiahan Forestry's stock price fell again after recovering its lost ground.

This time, someone still stood up.

Yahoo Finance received the first-hand exclusive response from the parties involved.

At 9 o'clock in the morning, Chen Deyuan, the founder of Jiahan Forestry, was interviewed by Yahoo Finance and responded to the Guoshanfeng research report, which has been closely watched by the market.

"It's all written randomly! It's just to suppress our stock price. Crossing the mountain is a short seller. Don't believe it."

"Our company is operating well, and its business in the second half of the year has increased compared with the first half of the year."

"It's wrong. Like the transactions between us and Yuda Wood Industry mentioned, there is no such thing as this! The company investing in Yuda Wood Industry is not our Jiahan Forestry, but Xiangjiang's Senlijda Mechanical and Electrical. It's well documented."

"I hope that investors can distinguish right from wrong, and we will also hold this institution legally responsible!"

"I also call on major media not to reprint unconfirmed news casually, which has affected our company's image and stock price!"

"Finally, I want to strongly condemn the vicious behavior of short sellers like Shanfeng! In the future, we will let third-party audit agencies conduct business audits, and I have called PwC!"

"This is my response. According to the ancient Chinese saying, those who are clear will be clear!"

Chen Deyuan's voice sounded very angry and he was confident in his words.

With his exclusive response, Davis Consulting, another major shareholder with a shareholding of more than 10%, also gave a strong statement, expressing his belief in Jiahan Forestry's performance.

Chandler looked at the news in Yahoo Finance. He had a hint of hesitation because of Chen Deyuan's response, and then he immediately became furious when he saw the statement of the CEO of Davis.

Davis is so bad!

He must be sneaking away!

He is just expressing his opinion now!

What's the use of expressing your opinion? You don't have to bear legal responsibility!

Influenced by the founder and two major shareholders, Jiahan Forestry's stock price fell before the market rose again.

At 9:00 a.m., just as Chandler was feeling increasingly nervous, he received a call from Davis, who was in New York.

"Chandler, how have you seen the mountain survey?" Davis asked bluntly.

Chandler felt a little suspicious when he heard this. What does it mean? Want to trick me into supporting the stock price?

He replied calmly: "I think Chen Deyuan's response is trustworthy. He has contacted PwC. I never believe that those small institutions have the ability to investigate?"

Davis said with concern: "The problem is that Zhushanfeng once pointed out the problem of a listed company accurately, and they are actually capable."

"It is precisely because of this that their words are difficult to distinguish. I invest in Jiahan Forestry through research. I don't believe in myself, believe in them?" Chandler asked back and said, "If you want me to believe in short sellers, unless you are guaranteed. A big short seller like Ersen."

Davis was silent for a while and said, "Well, I have already spoken with Chen Deyuan and asked him to do an internal audit first to confirm that there are no related problems in the business."

Chandler finally replied, "Okay, I believe in Chen Deyuan."

He ended the call and some doubts emerged in his heart.

Did Davis receive an email in advance? Is what he said really what he said? Don’t you really think that Jiahan Forestry is fine, right?

No matter what... I have to run away first.

However, just as the market was about to officially open, Chandler was shocked to see the latest news from New York.

Paulson Advantage Plus, a subsidiary of Paulson, joined the ranks of doubts and asked Jiahan Forestry's management to explain the research questions from Guoshanfeng one by one.

Meanwhile, Smith, vice president of Paulson Advantage Plus Fund, said he would clear his holdings.

Paulson AdvantagePlus Fund is the company used by Paulson to hold Jiahan Forestry stock, with a share of up to 10.2%!

As a result, it actually threw such a signal at the opening? ?

The third largest shareholder!

It is the third largest shareholder!

It also clearly represents Paulson's attitude! !

In other words, Paulson really stood up!

Chandler stared at Yahoo Finance's news, and after a while, he subconsciously cut the page again and saw that Bloomberg also published the statement of Smith, the vice president of the fund.

As Jiahan Forestry is questioned about fraud, the most famous hedge fund BOSS and the third largest shareholder of the company, turned against each other!

Whether it is his fame or his identity as a stockholder, this will surely bring about the consequences of landslides and earth breaking!

Nothing is more convincing than voting with your feet!

Chandler actually had to vote with his feet, but Paulson's actions undoubtedly declared that he believed in the question of climbing the mountain, which undoubtedly turned his cut into amputation!

The billionaire's hands and feet were cold, and a feeling of despair appeared in his heart. All kinds of thoughts were entangled in their minds and about to explode.

He gritted his teeth and called Paulson directly, viciously verifying his guess: "Paulson! Is it you who is behind the mountain?

As the third largest shareholder with such a close relationship, why did he turn against him? !

Paulson is just passing the mountain!

"Are you crazy? If that's the case, why did I buy Jiahan Forestry's stock not long ago?" Paulson frowned and retorted, "I just need to short directly, why do I still have to be so tiring?"

Chandler calmed down for two seconds and said viciously: "You have also shorted Jiahan Forestry!"

Paulson's thoughts were slightly beating and he said disdainfully: "The research report released only at 6 o'clock across the mountain peak, how can I have time to short?"

Chandler said angrily: "Then why did you smash the market??" "Because there is no problem with the research report on Kushanfeng. We immediately found a way to contact the Forestry Bureau of China Province to confirm that the data mentioned in it was true. , which proves that Jiahan Forestry has great moisture. "Paulson gave an explanation, "Smith and others reexamine Jiahan Forestry's high gross profits that exceeded their peers, and believe that the doubts and research on mountain peaks have high value. ”

Chandler continued to ask, "Then you just need to sell the stocks directly. Why do you have to stand up and disclose your operations!"

Paulson said righteously: "I will be responsible for the investors in the market!"

Chandler: “…”

He didn't believe such nonsense at all.

Chandler's anger retreated partly, his IQ climbed up partly, and he suddenly asked, "Have you received a notice from the mountain long ago?"

Paulson narrowed his eyes and asked calmly: "What notification? Did you notify me even if I cross the mountain? Call you? Are you an American?"

FuckKingCobraResearch, it really didn’t just send an email to itself!

Chandler no longer hopes to get valid information from Paulson.

He finally gave his blessing: "Paulson, if you smash the market like this, you will be retribution!"

"No." Paulson replied politely, "I believe that investors will be more grateful for my reminder than you are insincere."

No mistakes, one song, one content, one in 6, one book, one bar, one reading!

He already knew that Chandler received the notice in advance, which means that the major shareholder's statement in the morning was the opposite of the real action, and this would only be borne by ordinary investors in the end.

Why should black pigs say that crows are black?

Chandler hung up the phone and threw it to the ground without hesitation the next second!

He only has one idea now, Paulson must have done it too!

Paulson must have participated in the short selling of Jiahan Forestry!

Otherwise, it would really not be able to explain his turn against the market at such a time!

Chandler fell into the chair in despair. Where are there good people in this world?

The landline on the table rang out a harsh ringtone.

"Lingling!"

"Lingling"!

Chandler mustered up the courage to answer the phone and wanted to hear what bad news it was.

"Let's apply to CSA for temporary suspension of Jiahan Forestry!" The secretary's voice came, "The stock price has fallen too quickly!"

Chandler swallowed and took a long breath: "No, no, I can't apply!"

Individual stocks can be temporarily suspended, and this decision-making power belongs to the Canadian Securities Administration CSA, which will make rulings on various reasons such as mergers and acquisitions, restructuring, abnormal fluctuations, and violations of regulations.

At the same time, the company can also make a request.

The major shareholder itself does not have such rights, but can communicate with the company.

"If the stock price continues like this, it will completely collapse!" The secretary's voice was anxious.

Although you can see the stock price just by just moving your fingers, Chandler has not saved enough courage yet. He just emphasized: "Don't call CSA, don't contact Jiahan Forestry. If the trading is suspended this time, it's very Maybe it will not be able to resume trading, and eventually it will go bankrupt. All the stocks are worthless! Don’t play, don’t play!"

The secretary was speechless and could only hang up the phone and continue to try his best to cut his wounds.

Because of Paulson's huge influence, everyone is cutting, and the stock price is showing a trend of free fall.

Chandler pressed the landline back hard and placed his hand on the mouse.

This action seemed to exhaust all his strength, making him unable to perform the next action for a long time.

The landline on the table rang twice, but was not answered.

Time seems slow and really fast.

Chandler suddenly seemed to come back from a trance state, and glanced at the lower right corner of the screen, which was already ten:50 in the morning.

An hour and twenty minutes have passed since the opening.

Chandler's hand trembled unconsciously when he moved the mouse. It took another five minutes to build his mind. He clicked on the interface in the Canadian stock market and saw the big yin line of Jiahan Forestry's free fall.

$6.73!

The opening price is 18.1 Canadian dollars…

In just less than two hours, the market value has been cut in half!

Not only is it cut in half, but its market value of up to 62.82% has been wiped out!

Yesterday, Jiahan Forestry had $5.07 billion, but now it has only $1.885 billion left!

$3.185 billion…

Chandler looked at the screen in a daze. So much money disappeared? ?

At this moment, he was angry!

Even breaking through personal interests, angering the Securities Administration CSA's inaction!

Is it still not suspended trading at this time? !

After a moment, Chandler woke up again and it was good not to stop trading...

He blinked and looked at the screen again. The stock price had changed from 6.73 to 6.35…

Chandler was a little confused whether his brain was shaking or his eyes were shaking, and he felt that the world in front of him was vague.

It was another harsh phone ringtone.

Chandler picked up the microphone this time and heard the angry voice of another major shareholder, Davis.

"Chandler, have you ever received a notice from the mountain??" Davis was so angry that he broke his voice.

Chandler was weak: "What are you pretending at this time? Have you not received it?"

Davis's voice was loud: "I didn't receive it! I didn't receive it! You bastard, I'll call you in the morning, why did you tell me to believe in the company!"

Chandler was stunned. Did Davis receive it?

If Davis didn't receive it, what is his stock operation strategy today?

Chandler seemed to have recovered some strength and said, "I received an email, but it was very close to 6 o'clock. I didn't believe it, but Paulson must have believed it. I called him, what do you think. I feel that he has also participated in the short selling of Jiahan Forestry."

"Bichi! Bichi!" Davis cursed several times and said gritting his teeth, "I'm on the way to find Paulson now! I'm on the way now!"

Chandler was excited and shouted, "He knew for a long time that he must have shorted! He couldn't let him go! Davis, don't let him go! Don't let him go!"

Davis said angrily: "You are also a Bichi! You are all Bichi!"

He hung up the phone without waiting for a response.

Unlike everyone else, he not only did not sell out, but also tried to buy at the bottom.

However, in just fifteen minutes, the situation has become extremely wrong!

Where did you copy this for yourself? ? ?

Davis did not see Paulson's turnaround in time, and he suffered double losses in just a while. He had to be angry and wanted to make it clear to Paulson offline.

But he also understood...

Jiahan Forestry has collapsed and the ground is broken, and the burial of most investors is destined to be the most burialists!

…

Chinese time, at 0:30 p.m.

Yu Xing's cell phone suddenly rang.

He saw the strange number, frowned and pressed to answer.

"Mr. Yu, from Jiahan Forestry..."

Such words came from the quiet night.

When Yu Xing heard the previous words, his mind buzzed, and it took another two seconds to react. This was to ask for the deletion of the post that Jiahan Forestry had just appeared on the website.

With the second short selling of Kushanfeng, users of Baixiaosheng's website posted posts even in the middle of the night, mentioning the **** collapse in the Canadian market and talking about the ashes of billions of dollars.

And, someone is translating the content of Shanfeng's English research report and wants to communicate and learn with everyone.

Jiahan Forestry noticed this situation and sent legal affairs in a timely manner to contact us for deletion of posts.

Yu Xing breathed a long sigh and was shocked. He thought that Jiahan Forestry came to him directly!

It was indeed coming to the door, and after finding Bai Xiaosheng's door, he really met the real owner.

"Impossible." Yu Xing refused very simply, and for a moment he felt absurd that he didn't know whether he had passed the mountain peak or Bai Xiaosheng's communication with Jiahan Forestry. "The post is fine, it just mentioned the situation in the Canadian stock market."

The legal officer on the other end of the phone immediately issued a threat, mentioning legal liability.

Yu Xing couldn't help but smile and said, "You don't have to threaten me. Instead of doing this, you might as well go directly to the mountain peak... What's the use of threatening me?"

The call came to an abrupt end.

Jiahan Forestry didn't even want to send a lawyer letter to Bai Xiaosheng, or... cross the mountain.

(End of this chapter)