Chapter 891 What a big plate of mahjong

Linda felt that everything was so ridiculous. It took more than an hour before and after, and it was actually replaced by Jing Jian saying "Cowell's opportunity". Her worldview was a little subverted, and she secretly glanced at her boss and teacher, and found that under the sun, the old age spots next to the corners of Cowell's eyes were so conspicuous.

Jing Jian peeled off a sea crab and ate the ointment-like crab roe. He was still smiling and persuading: "It's nothing. Give me a list of the moles you contacted. As a word of caution, don't hide it, I already know some names. You must have been sad at first, I understand. But you have to give up all those futures, or you will receive that lovely bankruptcy order, when all your property will be held in trust and all your assets will be sold. But how do you say it? It's better to have a way to live than to have no way to go, so it's more sensible to think about things, right? Oh...... Of course, you can wait for a miracle to happen, maybe a new idiot will give you money to invest? I'm patient with that, and I realize that I have a really good appetite, and I love the seafood in Los Angeles as much as the passionate girls here. Hahahaha!"

This is thanks to the well-developed financial derivatives and highly leveraged financial services industry in the United States. We've just looked at the fundamentals of a stock, but in the specific securities market in the United States, there are financial derivatives that are so complex that people vomit blood.

If you introduce it all, it will definitely not be necessary. But to be specific, Colwill and Dennis continued to short sell before, coupled with the final fierce battle just now, and those onlookers who participated, in fact, they don't need a very deep mathematical knowledge to calculate that the total number of shares they shorted is far from the total number of outstanding shares on the market. So the total number of shares sold is not 60 million shares at all, but it is much more than that.

So how do you balance it in the end? Two ways: one is to hedge with long-bought futures. You buy more than 1,000 shares, I short sell 1,000 shares, and in the end it is two people who bet on each other, anyway, the positive and negative offset is zero, and there is no need for any tradable shares;

But herein there is a problem. Now Yi Kai's outstanding shares are all in the hands of Jing Jian and his friends. Even if you want to buy it, but it's all gone? Now it depends on Jing Jian's mood. You can bid for whatever you want, even if it's $5,000 per share, you have to buy it with tears in your eyes.

For more clarity, let's take a very common soybean futures as an example! For example, soybean 1,000 tons of one-month futures. When the one-month delivery period expires, you need to buy back 1,000 tons of soybeans from the market for delivery. But at this time, there was a local tyrant who didn't know what the nerves were going to have and bought all the soybeans on the market?

First of all, this is not possible in reality, just an example. Then it's funny. When you want to buy it back, the local tyrant who owns all the soybeans, and he sells a soybean for the price of a diamond, you can only vomit blood to buy it.

Of course, in order to prevent trading risks and malicious hoarding, and maintain the normal order of futures, various rules have also been formulated. The rules are also not detailed, and those who are interested can learn them on their own. But there is one thing that cannot be avoided, you can be a scoundrel and give up delivery, but all the margin you have to short sell futures will definitely be fully compensated.

At this point, it should be understood that although Colwell and Dennis have invested so much before, it is no longer a matter of recovering losses, and all the funds they invested before have definitely come to naught.

And Wang Lie was the same in the previous article, I don't know if you remember? In a few days, Wang An's computer's stock price rose to more than 1,000, and it was for this reason. I have to say that this stock has demons, and how many men and women have broken their hearts!

Perhaps at this point, some people will have new questions -- is it possible for this Cowell to accept this "Cowell opportunity"? If it is a total loss, if it is not accepted, it will be a total loss, so why should Jing Jian be angry?

On that note, Cowell ...... It can only be accepted. The reason is just as simple, Cowell has his own large investment fund, but only a small part of it is its own funds, and most of it is entrusted by other investors. In other words, he relied on the good reputation of the client's mouth and his own good reputation to eat.

However, this time he was faced with having to give up the delivery? You can indeed use the rules to play scoundrels, but in the financial circle, if you don't talk about honesty once, everyone on earth will know the result, right? Therefore, he had to take Jing Jian's "hydrangea" made of dog tail flowers, and he didn't care how much flesh was cut all over his body, so he just wanted to make a dark room deal with Jing Jian. For example, Jing Jian said a few good words for Cowell and sold him some outstanding shares at an affordable price......

As long as the integrity can be maintained, then Cowell will have a chance. Otherwise, when the news comes out and there is a run on those clients, Cowell's bankruptcy will be a high probability event. With these two paths in front of him, can Colwell still have a choice?

So soon, Colwell faced the reality, and he smiled miserably: "Hehe, Bramble, can you tell me where you found the new funds?"

"I won't tell you. I just like to see you can't get used to me and you can't do anything about it. Jing Jian smiled very poorly. He wiped his hands with a napkin, threw it on the table and stood up, "One last word of advice, old fellow, don't get into the horns." I have no ill will towards you personally. In China, only fools play chess, and smart people like me play Go. If I have the opportunity to rob you, can I not play you to death? Forget it, it seems that you don't even know what Go is, so I won't play the piano to the cow. ”

After saying this, Jing Jian turned around and walked to the door: "Let me tell you another Chinese game - mahjong! It seems that you like to play bloody battles to the end? What a big game of mahjong! Hahahaha!"

Amidst the laughter, Jing Jian's voice came from outside the door: "I almost forgot about the beauty." Chick, the old guy next to you can't even lift his head! If you want to have fun tonight, hurry up! Hahaha......!"

Realizing that Cowell's expression had become abrupt, Linda reached out and wanted to step forward to help. But Colwell raised his hand to refuse Linda's move. His expression suddenly became extremely lonely: "Little Linda, I don't care, I won't fall." ”

Still, Cowell slumped in his chair and didn't move. has been on Wall Street for so many years, but today he was pecked by a wild goose. Until now, whether it is Cowell or Linda, they seem to be in a dream......