Link accompanied Jessica to play in New York, and even went to sea for a day when there was a boat quake.

On this day, Furren came to him early in the morning: "I have prepared $2.6 billion, and I have borrowed $1.4 billion! What are you going to do?"

Link thought for a moment and said, "Sell short!"

"Short selling?" Of course, Flon knew that Link wanted to short GE stock, but how could he sell short when he had so much money coming out?

Link seemed to know his doubts. He said, "You just have to sell as short as you can, anyway." ”

"I really wonder where your confidence comes from!" said Flren with a wry smile and shaking his head. "I'm starting to regret the bet I made with you now. ”

Link's faith comes from a god. A god who can make him harmful.

But he couldn't tell anyone about that. He just said, "When do you plan to start?"

He doesn't have much time and needs to cooperate with this Fren.

"I plan to get started as soon as the market opens today," Flren said. I've borrowed about $3.5 billion worth of stocks. There are simply too many shares circulating in the stock market. GE is worth hundreds of billions of dollars, and the stocks he has borrowed are not even pebbles in the vast ocean of the stock market.

Link nodded. Well, everything will open tomorrow morning.

Flon had wanted to hear what Link's cards were. The result is only two words. Then he has more to do.

Link waited for him to leave, and his face began to slowly become heavy.

Once again, he took a closer look at how GE stock is moving these days. With Fren's previous analysis, he did see that GE stock was being manipulated.

The price of a stock is not the value of the stock itself, but a number that is not even a guide price. This price is generated by the average of all collective transaction prices within a certain period of time. It can be said that the stock price is only the price at which a small fraction of the shares change hands.

The price increase of the rest of the stocks is only a kind of paper appreciation. The only stocks that can really appreciate in value are those that were sold at a high price. And some large companies may account for less than one percent of the company's outstanding stock trading volume on a daily basis.

That is, the stock price for the whole day is determined by 1% of the shares. If the 1% of stocks trade at a price that falls, the value of other stocks will be squeezed out because of the price increase.

He's looking at GE stock, and Jessica is watching.

Jessica also saw something was wrong with GE stock. Because at least more than half of the transactions are large orders relative to ordinary shareholders.

Link had already opened a personal account with the stock exchange. But he only had a million dollars in his account. He was going to buy GE stock.

Jessica couldn't figure out what he was trying to do.

Link wasn't about to explain. He sat in front of his computer and waited quietly for the stock market to begin.

At the same time, there are also some people waiting for the market to open. Flon borrowed a large amount of GE stock. Needless to say, it's for shorting. The managers of these institutions did not know what kind of cards Link and Flynn had, and they dared to sell short when GE's stock price was still strong.

Do they really think they can forcibly take a picture of the tiger's head?

When it's time for the call auction stage. Institutions representing GE stocks begin to calculate prices. The call auction stage is a great time for them to sell their shares.

During this time period, all transactions are hidden. No one will see them shipping. A large number of shareholders who really want to hold stocks will want to buy more shares at this stage. They can sell their shares to these retail investors at this stage. If the price is too low after the market opens, they will find a way to pull the stock price higher as soon as possible. Maintain the confidence of retail investors.

Soon, the call auction began. Those institutions have also calculated the approximate price and communicated with each other so as not to make the difference too big and cause market fluctuations.

In fact, they also agree on how much each agency will ship.

They believe that Flon will sell the borrowed shares during this period. But they soon received news that the shares borrowed by Stoll were still in their hands.

Furlen didn't know what he was doing. He didn't make any moves until the call auction ended. Which institutions originally thought that if Flen wanted to sell the stock, it would definitely raise the selling price as much as possible.

They want their stocks to be able to sell as many of the pending shares as possible. Then of course, the selling price of their pending orders is slightly lower.

But Flon didn't seem to have any intention of making a move. Those institutions sold a lot of shares. But their pending price also made GE's stock price much lower than they calculated when the stock market opened, and it had touched what they thought was a price in mind. That price is likely to cause concern for investors.

And they don't just have to sell as much of the stock as possible in a short period of time. At the same time, before completing the transaction entrusted to them. Protect the stock price as much as possible.

For some shareholders who will hold shares in a company for a long time. The stock price in the secondary market does not mean much to them. Because their shares can't be exchanged for money. But they need to sell some of their shares to cash out.

After cashing out, no matter how low the stock price is on the stock market, it will only be a loss of paper income for them. As long as the company is still around, they receive the same dividend income regardless of the price of the stock.

But if the stock price falls when they are still selling and cashing out, it will make those shareholders who are waiting to sell their stocks, and some of the ones they originally wanted to buy can only continue to wait and see.

There will also be some people who want to take advantage of the dip in stocks. But if the buyer's price is too low, they want to sell the stock to those people. Then the stock price grade will continue to decrease. Those structures know that eventually, but that's not the time yet.

At the beginning of the market, GE's stock price fell 6.5% from the previous trading day. The decline that occurred at the beginning of the market can already be called a plunge.

Fllen, however, doesn't think Link's plunge is 6.5 percent. Because Link had told him that he could place an order at the actual value of GE stock.

He made people hang out a big buy order of 1.3 billion at the beginning. However, the price of Stoll was only $7.6. And this price is simply a jump price for the current GE stock price. Theoretically, even if all stocks in the circulating market are placed with a sell order, it is impossible for this pending order to be filled.

If that pending order is really successfully traded, I'm afraid it will take several circuit breakers. But he put the buy order out and didn't go to the official at all.

By the time the stock price began to rise back to the average of the previous trading day, Flren made a move. Throw 300,000 hands at once. The 300,000 lots were quickly eaten up.

Fren knew it was those agencies that had done it. After meeting Link in the morning, he was ready to lose between $500 million and $1 billion in just the operation. If it had been in the past, he would have refused such a risky operation. But who told him to bet and lose. And winning the jackpot has actually helped him make up for possible losses in advance.

So Fren didn't have much psychological pressure on this operation. Seeing the stock price rise, he kept putting out big sell orders. Soon the stock he had borrowed was sold out. But the stock price is still slowly rising. There seems to be a trend of breaking through $70.

And at this time, Link had already done it. His usable character value is quite considerable, now it is more than 120,000, and the value of using the street is quite large, more than 800,000.

But he needs to use a lot of character value and street value today. He's going to be unlucky with a lot of people.

The skill "Let's get bad luck together" is very expensive. He activated this skill, and even felt the energy waves of the circle spread outward around him. It was an amazing feeling. But Jessica, who was sitting next to him and looking at the computer, didn't feel anything.

Because he needs to specify one thing for this skill to really work. He specified the unfortunate event as the purchase of GE stock.

Jessica saw him move the mouse and buy a hundred lots for sixty-seven dollars. She was a little confused: "Aren't you going to be short?"

Link smiled and said, "My dream is that I will lose a lot, and I have to make my dream appear to be fulfilled." Otherwise, I'd be out of luck. ”

Jessica grinned and said, "So you only bought it for a million dollars? If you lose it all, it's a huge loss." "One million dollars is enough to cover the income of ten average families in a year. If an ordinary person loses one million, it is not an exaggeration to say that the loss is serious.

But Link wants to only lose so much and think that he has lost a lot of money, which is really a bit of a cheating.

She didn't really believe that Link would really lose a lot of money. If that's the case, he just doesn't buy stocks.

Link was a little nonchalant, turning his head to talk to Jessica as he watched the changes in GE's stock price curve and the changes in trading volume out of the corner of his eye.

Many people only know that shorting stocks is one of the most profitable stock operations. But in fact, only some bookmakers dare to do short selling.

First of all, the procedure of shorting stocks is a bit more cumbersome, and it is easy to short-sell. First you have to find someone who is willing to lend you the stock. For example, stock brokers, trust companies. After borrowing the stock, you have to worry that the lender will rush to make up the position because the stock price has risen high. The money from the sale of the shares by the short seller is actually deposited into the account of the lender of the stock, and it is highly likely that they will bypass the short seller and not buy back the shares at a high price.

Secondly, the overall trend of the stock price is upward. There are always more people and funds who go long than they go short. So after the stock market falls, the stock price reversal may be very abrupt. If the timing is not right, even if you get a lot of paper gains at the beginning, the short stock may easily turn into a loss. Because when the stock price plummets, it is actually when most shareholders are trapped, and very few people are willing to cut meat. And when the stock price recovers, more people buy. It is not easy for short sellers to complete margin calls within the profit margin.

Link and Jessica tease the stock trading news that he only learned about this time. His mouth was a little dry, and he picked up his coffee. As a result, he didn't get over in one breath, and he was choked all of a sudden. He quickly avoided Jessica, and a sip of coffee squirted onto the computer with a sneeze.

Jessica laughed as she saw his coffee squirt out of his nose, but her hand went to wipe her nose with a few tissues.

Link's nose was irritated by the coffee, and he dodged Jessica's hand and sneezed several times in a row. These sneezes drove his whole body. The hand holding the mouse twitched, too.

While he was sneezing, the same people were choked and sneezed as well. And not just one or two people.

People who sneeze at the same time as Link are found all over the United States. But the hardest hit area is Wall Street. On Wall Street, at least ten people were sneezing at the same time.

After a pause, Link reached out and took the tissue from Jessica's hand to wipe his nose. After wiping his nose, he took a tissue to wipe the computer screen. He wiped it twice, only to find that the stock he had just bought had already been sold. It sold for $37.

The stock he had just bought, and just as he was sneezing, he somehow clicked a very low figure and sold all the shares at a loss of more than $300,000.