Chapter 0024: The Water Is Getting Deeper

Summer afternoons are naturally dozing time.

Just as everyone was drowsy, a miserable shout suddenly pierced the dreary hall.

"Jonacy Copper plummeted!"

As soon as these words came out, the entire hall was in chaos, and everyone suddenly became overwhelmed.

Even Henry, who was making gentle porridge with his girlfriend just now, was at a loss.

"Immediately convene the plenary meeting!"

The company's administrative director shouted, and everyone rushed to the conference room in a hurry, and Qiao Tianyu followed without knowing what was going on.

All the employees sat down around the oval conference table, anxiously waiting for the boss David to return.

However, from everyone's discussions, Qiao Tianyu also heard some eyebrows.

Just now, a seller suddenly appeared on the New York Stock Exchange and frantically sold shares of Jonassee Copper, selling 4 million shares in ten minutes.

The large selling quickly caused panic in the market, and retail investors followed up to sell off the shares, and Jonasee Copper's share price quickly dived.

In just half an hour, the stock price fell from $10 to $8.9 per share!

The company not only used all the funds to buy the stock, but also borrowed all the securities under its name as collateral and ate all the company's shares.

Alpha currently owns 4 million shares of Jonasee Copper stock, with a long position of nearly $40 million.

Just a burst of selling, Alfa has lost $5 million in half an hour.

This is a catastrophe for Alpha, which runs on a small budget!

"A large amount of foreign debt, all invested in a stock?" Qiao Tianyu sounded a little confused.

Doesn't it mean that David is outright risk-averse?

Risk-averse people pay the most attention to the management of risk positions, but why would David go to the top of his game to expose such a huge risk position to Jonasee Copper?

Something is wrong!

Moreover, David is a veteran Lehman trader, and he will not be unaware of the truth that "you can't put all your eggs in one basket".

But why would he go the opposite way and insist on violating this most basic investment principle?

What's in the article here?

And from the discussion of his colleagues, Qiao Tianyu learned that the collapse of Jonassee Copper's stock price was also quite abnormal.

You must know that in 1994, the U.S. economy took the lead in recovering from the "92 years of sterling crisis" that swept the world, and the economic fundamentals were stable and improving, and the stock market continued to rise recently.

And Jonasee Copper has been operating well, the stock price is stable and improving, and recently because of Alpha's big eat, the stock price has soared, how can there be a sudden sharp fall?

No! Something must be wrong!

After a while, the owner, David, rushed back sweating profusely.

At this time, he looked flustered, and his clothes were completely soaked with sweat, as if he had just been salvaged from the water.

"Tell me what's going on?"

David didn't have time to wipe his sweat, and yelled at Nick, the director of the investment department.

Nick didn't dare to slack off, and quickly reported to his boss everything that happened in the first half hour.

"How much money is available in the company's account now?" David asked anxiously when Nick finished his report.

In fact, David's mind is very clear at this time, since someone is throwing Jonassee Copper's shares on the stock market, the simplest and rude way to deal with it is to enter the market and sweep the market.

I will take as much as others sell, and the stock price will not be affected.

"No... It's less than $100,000," said the financial director, timidly.

"Some time ago, all the money was invested in Jonasee Copper stock, and now there is no money in the account. ”

If you don't have money, you can't eat the shares of Jonasee Copper, and you can't support the stock price, and the road to enter the market is blocked.

Besides, after all, Alpha Company operates on a small scale, with total assets of only tens of millions of dollars, and even if it is all thrown in, it can't make a few splashes, and it is impossible to enter the market to support the stock price!

"Otherwise, let's also dump Jonasee Copper stocks, hurry up and stop the loss!"

"Shall we sell it too?, are you all pig brains?!"

When David heard this advice, he was even more furious, and roared like a mad lion.

"We have such a large position, once we blindly follow the trend and sell, it will inevitably cause greater panic in the market, and the stock price will only fall faster!"

David was right to be worried.

To save the market panic, restoring market confidence is the key, if you follow the trend and sell, it will inevitably trigger greater panic in the market, which is tantamount to suicide for heavy holders.

Besides, now that the market panic has formed, the holders are eager to throw out the stocks to stop the loss, who would dare to eat so many stocks at one time!

Seeing that David was angry, everyone didn't dare to say more, and quickly lowered their heads.

And Qiao Tianyu didn't know the inside story of this matter, and he didn't know if it was the forces behind the scenes, so he didn't speak.

In fact, since the moment he stepped into Alpha Securities, Qiao Tianyu warned himself to follow the trend, not to be active or passive, and to see what the forces behind the scenes arranged for him to come here for.

The silent reaction of everyone infuriated David even more, and he yelled at everyone like crazy.

"Waste! You bunch of waste! Aren't you pretentious on weekdays? Now you have no idea? What's the use of me raising you bunch of rice buckets?!"

"Think! Hurry up and find a way for me! If you can't think of a good way, you can get out of here now! Get out..."

Everyone was so frightened that David trembled, and they didn't dare to say anything more, everyone lowered their heads and sulked there, not even daring to breathe.

In fact, this matter is really difficult for them, investing in funds on the field is king, you have no money in your hand and still want to support the stock price, it is difficult for a smart woman to cook without rice, what do you let people do?

David continued his furious mad performance, pointing at everyone on the scene to release his anger, but when he pointed to Qiao Tianyu, he was suddenly stunned.

"Ni... Nick!" David's eyes stared at Qiao Tianyu, but he shouted Nick, the director of the investment department.

"Have you found out which institution is selling Jonasee Copper?"

"Yes, it's Lehman Brothers!" Nick replied immediately.

"Lehman Brothers !!"

Almost instantly, David and Qiao Tianyu were stunned at the same time, and they were speechless for a long time.

Lehman Brothers went crazy shorting Jonasee Copper's stock, why?

As mentioned earlier, there is no market basis for shorting Jonasee Copper's stock at this time, and Lehman Brothers' move is certainly not motivated by market considerations.

If it's not for market considerations, it can only be... Personal vendettas?

Was it just because of Fulder's personal vendetta with David?

Shouldn't be, the two have been grudges for more than ten years, and Fuld doesn't start sooner or later, so he has to start on the first day of Qiao Tianyu's arrival at Alpha Company?

Obviously, this matter is for Qiao Tianyu!

It seems that Qiao Tianyu's previous judgment was correct, and the forces behind the scenes have moved!

"You come with me!"

After being stunned for a few minutes, David was the first to regain his composure, he pointed at Qiao Tianyu, turned around and left the conference room......