Chapter 18 Picking up the Leaks
"Carlos, the London stock market will not change much from today, London is a financial capital, and there are very few borders with the Internet, and the current decline is also due to the impact of the NASDAQ.
Let's bring the money from London back to the US, where we need a short contract for a week. ”
After agreeing with Liu Daxiong, George continued to study the situation of the stock market in the United States, the Nikkei index was about to close, and all the forward short contracts had been opened, and they were taken over by DBS Bank at a small cost.
If everything goes according to George's memory, the Nikkei will provide George with a lot of cash to carry out his yet-to-be-formed plans.
Yesterday's move on the Nasdaq market made George see that the vested interests of the Internet are fighting back and struggling on a small scale.
In order to maximize their profits, the Nashi index fell more ruthlessly, and slowed down the smashing at the middle moment.
chose to maximize their own interests, while slowly shipping, waiting for the almost out of a round of acute smashing, and then stop here, start to sweep, and wait for shareholders to see the hope and then talk about the goods to them, out of the almost, in the continue to smash.
So repeatedly, all their losses are passed on to others, and they maximize their interests, and the stock losses caused by a round of acute smashing are also compensated for in the continuous sweeping, selling, and smashing.
George started running away when he was about to do so, selling his short position to someone willing to take over, and settling for himself.
Now George has come to the conclusion that it is not over after some data and news analysis, those who have taken the chips in their hands have seen the current form clearly, they will definitely not be willing to accept such losses, they will use all kinds of news to pull up the board tomorrow, and then pass the chips in their hands to others, so that they will at least reduce some losses, if the operation is good, maybe they can make up for most of the losses.
George is now giving a time that he can accept, although he knows that the market will continue to fall, but it is caused by not knowing how many times to do short and long, and how many times investors and institutions have repeatedly competed.
He doesn't have that much time left to engage in a tug-of-war with them, but he'll tell James his advice and let him do it.
What he needs to do is to grasp this big tail and expand his interests again at the height of the current crisis.
The Internet era has come, but there is not much time left for George, if he really starts an Internet business, then he must choose a good entry point.
As long as the entry point is chosen, then the future road will not be smooth sailing, at least it will be many times easier than other companies.
"George, are you sure you want to re-enter, it doesn't matter if the big shorts are right now, but those little sharks seem to be red-eyed,,,,,,,"
Hearing George's words, James walked over to George and asked.
"James, it's not just the little sharks who are red-eyed, but also the people who have vested interests who have lost so much.
It's just that they're going to do everything they can to make up for their losses, and at the same time pass on the meaningless chips they've been fooled into by the sharks today.
This is a war without gunpowder, and the one who lasts to the end in this war is the real winner, the big sharks are almost out today, and now it is the battlefield for the little sharks, and the big sharks will only eat meat in small mouths in the next time, and then watch them churn with cold eyes.
If they have the chance, they will pounce on it and take a bite, and if they don't have a chance, they will continue to wait, although they are still tempted, but the excitement at the beginning has almost cooled.
They would laugh if they could continue to eat it, and they wouldn't be annoyed if they couldn't eat it, after all, the biggest piece of meat had already entered their mouths today.
Although the little sharks don't have many chips in their hands, they are a very large number together, and with those who are in trouble today, what do you think they will do?"
Hearing James's persuasion, George knew James's kindness, the financial market is changing rapidly, no one knows what will happen to him in the next second, and the madness of the city today seems to James that the bubble has squeezed out a lot of parts.
Since they have snatched a bite of meat in the largest part, it is undoubtedly the safest to know what the rest of them will do next in the face of the many small sharks and the people who have suffered heavy losses, or to be cautious and continue to drink some soup in Nikkei and London.
"George, this is gambling, and if we make a mistake, we lose a lot. ”
Of course, James understood what George was talking about, and he didn't think about continuing to gamble at the craziest time, it was James's rhetoric that persuaded him, but now George wanted to plunge headlong into it, and George, who seemed to him to be the calmest, suddenly became hot-headed.
"Don't worry, man, I'm just a little temptation, it's best if I can continue to eat a bite of meat, if we can't eat it, we'll just close the position."
Besides, I'm just betting on a small part of the proceeds from London this time, and the biggest one will be invested in American real estate, and I need to stake the land, and in order to have my own office building in the future, I have to start preparing now.
The low prices in Silicon Valley will be declining because of the dot-com bubble, and we will have to prepare a piece of land there in advance, buy some office equipment of bankrupt companies, and look for some programmers and managers who have lost their jobs due to the bankruptcy of the company and are about to be forced into debt. ”
"Well, you convinced me again. ”
James shrugged his shoulders and made a helpless expression and said, what George said he wouldn't not see, but now is the most dangerous time, I don't want him to take risks, since I can't convince him, then I can only hope that everything will go as he said.
"James, I think you can buy the apartment in Manhattan's Central Park, and now a lot of people are going to sell off these good assets to pay off their debts because of the severe shrinkage and bankruptcy.
If you don't take it this time before those who have been staring at it don't react, you will miss this opportunity, and if you want to continue buying next time, I don't know how long you will have to wait.
Don't forget to hand over the bill to me after you choose, this is your reward this time, the bonus will not be given, you are already a billionaire yourself. ”
George leaned into James' ear and whispered, pulling out the keys to a Volvo he had been renting from James' jacket pocket.
"I'm going back to wash up now, and then I'm going to the dinner in the evening, and I'm driving away.
Carlos, it's hard work, you can shout whatever you want to eat at night, I'm in for a treat. ”
After saying that, George patted Carlos on the shoulder and said with a smile when James heard that he was going to give her an apartment in Manhattan's Central Park, and walked out of the office with a random shake of the car keys.