Friday, October 16.

At half past nine in the morning, Guo Yongkun and Chen Dashao came to Goldman Sachs as scheduled.

Winzenie came to the door to greet her.

Guo Yongkun always felt that the gaze she looked at him became a little different. I don't know if it's my own delusion.

Could it be that he was tired of playing with a greasy uncle like Chen Dashao and began to covet his beauty?

However, I'm really sorry little goblin, there are really men in this world that you can't subdue.

Guo Yongkun has no cleanliness in other aspects, but in that kind of thing, he has a kind of paranoia, and the girl who has been soaked in someone recently will not enter the pit if she is as beautiful as a fairy.

There was always a feeling that the other party still had the breath of that man on his body, and when he touched her, it was as if he had indirectly touched that man. The two big men are blended, and it feels creepy when you think about it.

So that's right, he's a straight man of steel with a who's eight hundred, the kind that can't even bend when the sky collapses.

"Are you all ready?"

"Well, according to what you mean, an operation room has been specially prepared, the microcomputer system has been debugged, and professional high-frequency traders are already on standby, just ......" Wen Caini stopped talking.

"What?" Guo Yongkun raised his eyebrows. Today is the last trading day before Black Monday, if you want to go short, you must open a position to enter the market, and he must make sure that nothing goes wrong.

"David is waiting for you upstairs and he will tell you. Wen Caini didn't know what was wrong with her, and suddenly felt a little afraid of the man in front of her.

Perhaps, it is because he is so "powerful" that even Chen Ziang, the top young man in Hong Kong City, is full of awe.

Although what exactly this power contains, she still doesn't know.

Guo Yongkun ignored her anymore, quickened his pace, and walked into the elevator.

When they went upstairs, Winzeni led them into a reception room, and after a while, David knocked on the door and entered.

"Mr. Guo, Mr. Chen, good morning......"

"Don't talk nonsense, what's wrong!"

Guo Yongkun waved his hand to interrupt him, to say that there was no anger in his heart, it was absolutely fake.

He chose Goldman Sachs, in addition to Chen Dashao's recommendation, the most important thing is because the other party's reputation and strength are there.

Yesterday the contract has been signed, and if you give yourself a whole moth, that is, there is a problem with integrity.

David smiled awkwardly: "That's Mr. Guo, the five shares you wanted, we made up the five shares, and they were almost ...... The main time is too rushed, you want it today. So, if you look at the rest of the part, can you just go short naked?"

Guo Yongkun squinted slightly, "But yesterday, it was you who patted your chest and said that it was no problem!"

David's expression was even more embarrassed, and he apologized again and again, and pulled a bunch of reasons.

That's why salespeople are criticized.

They all look at the money, the money is in front of them, their eyes are green, the first goal is to get the money, so that unscrupulous means, and eventually lead to mistakes, and then apologize to the customer with a face, and find a compromise to seek understanding.

And some customers' time, and purchase needs, are very precious and urgent, and in the end they can only be forced to accept. For example, Guo Yongkun's current situation. Then, their purpose has been achieved.

This kind of behavior is very unpleasant.

Of course, Guo Yongkun has a reason to cancel the transaction, but as I said just now, his time is too precious and there is no capital wasted.

"You are a leader, if you don't understand what you can't do, don't you easily promise to others. What if you don't make up enough words and delay my affairs, and you will compensate for the loss?!"

If you don't teach him a lesson, it's hard to resist the unhappiness in your heart.

"Yes, yes, Mr. Guo, you are right, this time it is indeed my negligence, I must pay attention to it in the future. ”

I believe that you have ghosts.

The two of them, one apologized verbally, and the other diligently poured tea, and the cooperation was seamless. I don't know how many times I've experienced this kind of scene.

Now it seems that his attitude is sincere, and he may scold Guo Yongkun behind his back: Xiao Wang Ba is just like this, and he must not be obedient.

If there is still a day to spare, Guo Yongkun will definitely turn around and leave.

"You just said naked shorting?"

"Yes. David nodded.

Guo Yongkun is also an old bird in the stock market, and the most despicable behavior is naked shorting, which is no different from a financial robber, or even worse, and you have to add a long-tongued woman and a villain!

What is naked shorting?

The plan he agreed with Goldman Sachs yesterday was to "borrow shares to sell", and naked short selling means that you don't need to borrow shares, but sell directly.

In a word, sell air.

People who specialize in this method of operation have a term called "short".

Such a person usually selects a company with active trading as a potential target.

Then raise capital, or unite with several hedge funds, pay a high margin, and sell the company's shares in large quantities in the high-price area.

After the short sale is completed, they will start hiring tabloid media, or so-called "stock review experts", to jointly plan negative news against the company.

This will inevitably affect investor confidence, which will lead to a sold-off of the company's shares, causing the stock price to plummet.

And that's not all, there are one last resort and even more despicable means.

With the stock price plummeting and rumours rife, the SFC will inevitably step in to investigate. In the United States, listed companies have explicit requirements for public disclosure of such formal or informal acts of regulators.

This move will further adversely affect the company's share price.

At the same time, the bears will arrange for a small law firm specializing in class action lawsuits, and a pre-determined minority shareholder to sue the listed company on behalf of the majority of shareholders on the grounds that the target company has published false information, and continue to suppress the company's stock price through the negative impact of the lawsuit.

Normally, if things get to this point, the company will inevitably go into bankruptcy and liquidation unless God has mercy.

In this way, it is right in the hands of the bears. Because at this point, the cost of borrowing shares for them is close to zero.

There are countless companies that have been naked shorted in history, and the most well-known of them should be the famous Lehman Brothers, and the fifth largest investment bank on Wall Street, Bear Stearns.

The birth of naked short selling mainly stems from the "freedom of trade" that Western countries have repeatedly emphasized, in fact, it is not only freedom of trade, they preach equality and freedom in everything.

However, after the 2008 financial crisis, Lehman Brothers and Bear Stearns went bankrupt, which made Americans realize the dangers of naked short selling and began to limit it.

Subsequently, several countries where major international financial markets are located have restricted them.

In the wake of the 2008 financial crisis, the UK issued a four-month ban on shorting financial stocks.

Germany announced a ban on short selling of 11 national financial real estate stocks.

In late 2008, the Australian government introduced legislation to Parliament to permanently ban naked short selling.

Excuse me, what about your freedom?

If you have the ability, you will always be free.

What kind of hero is he who goes back on his word?

There is no naked short selling in our country. Forbid.

At this point, Guo Yongkun raised 20 fingers in favor and resolutely stood on the same front with the country.

There is no need for naked shorting to exist at all, and it is purely the scourge of the financial oligarchy.

Moreover, naked shorting also has drawbacks to short sellers.

Because it sells air, it is a non-existent stock, and you always have to pay it back, but what if there is no counterparty in the market, that is, no stock to "redeem" for you?

In today's U.S. stock market, the payback time for short stocks is three trading days.

In the 19th century, there was a ruthless man in the United States who was so rich that he accounted for 1% of the country's GDP at that time, named Vanderbil, who deserved to be the richest man.

Attract envy.

So, there was a big short in his mind, and when the bad news came from the Harlem Railroad Company he operated, a group of people joined forces to shorting the company's stock nakedly, trying to close the position at a low level and make a fortune on the richest man.

But as I said earlier, Van der Biel is a ruthless man. Knowing the situation, he immediately fought back and bought out all the company's shares in the market.

Those big shorts did make a lot of money under the manipulation, but when they wanted to buy Harlem stock to "fill the hole", they were shocked to find that there was only one seller in the market.

That man was Van der Bier.

What can I do?

If they don't pay off their shares at maturity, they will not only face hefty fines, but may even be prosecuted. As a result, they had to buy shares from Van der Bier.

At this point, it's not Van der Bier's final say.

What happened to them is not difficult to imagine.

Guo Yongkun will not choose to go short naked, even if Van der Biel does not often have it. There's no need for that.

Steady as an old dog, isn't it fragrant?

"No need to be naked short, I will give you a few more stocks, but you must promise to lend me money immediately! Guo Yongkun said with a serious expression.

The two parties have signed a contract, written in black and white, with legal effect, and now that something has gone wrong, it depends on whether he wants to make trouble.

This move may not have much impact on a giant like Goldman Sachs, but it should be devastating for business personnel like David and Wen Caini, who are not high-level members of the company.

Sure enough, David's expression froze. Wen Caini next to her was similar, and she still glanced at Chen Dashao.

However, Chen Dashao kept looking out the window, as if he didn't notice it at all.

"Okay. David said, "Before I leave work, I'll be done." ”

"Get off work?" Guo Yongkun snorted coldly: "I don't care what time you get off work, before four o'clock in the afternoon, you must be in place!"

The time difference between the port city and the United States is thirteen hours, and it is still midnight there, and the three major stock exchanges in the United States are now open in winter, which is converted to capital time, that is, from 22:30 p.m. to 5:00 a.m. the next day.

Guo Yongkun will not arrange his time too hard, and he must leave a certain amount of leeway for himself.

Goldman Sachs has several working hours, and the devil knows which one he's talking about.

David thought about it, there were still six or seven hours until four o'clock in the afternoon, which should be enough, so he instructed Wen Caini to take a pen and paper and let Guo Yongkun write a few more stocks.

After doing this, Guo Yongkun visited the operation room under the leadership of Wen Caini.

Fortunately, there are no flaws in terms of hardware.

This is the battlefield tonight, with three microcomputer systems running smoothly and three traders, sitting at their desks ready to go.

"They're my people today, right?" asked Guo Yongkun with his head sideways.

Wen Caini nodded, "That's right." ”

Guo Yongkun stretched out his hand to the side.

"What are you doing?" Chen Dashao didn't know.

"Take some money. ”

Guo Yongkun no longer has any common currency, and the little money he brought was remitted to his sister who was far away in the United States, and the Hong Kong dollar was used for so long, so there was only a little RMB left.

So, don't look at his hundreds of millions of dollars in business, in fact, his belongings may not be as good as the street vendors.

Chen Dashao had already guessed what he was going to do, and took out 30,000 Hong Kong dollars from the boss bag containing the eldest brother.

After Guo Yongkun sent a bunch to each of the three traders, he said with a smile, "Today is a day off, the three brothers will find a nearby place first, recharge their energy, and then start working at night, and then we will have to rely on you." ”

The three traders held the money in their hands and looked happy, and there is such a good thing? If you have money, you can also take a holiday. Dead house technical dogs like them are not good at socializing, who usually cares about their feelings?

"Thank you boss, you can rest assured, you are guaranteed to complete the task at night!"

Guo Yongkun smiled and nodded.

Wen Caini next to her looked sad, she hadn't seen this ruthless man treat her so well. I lost my temper and yelled at her just now.

There is no mistake