Chapter 205: They Want to Coax!

"This Howard is spewing all over his mouth!" Jessica was watching the news in Link's arms.

Tonight's financial news certainly won't be without the plunge in GE stock.

Howard, who had sprayed Link before, was invited by the TV station to be a guest commentator.

Jessica listened to what was being said on TV that GE's fundamentals and technical parameters were excellent. Today's stock price volatility is due to a stockbroker's mistake and someone's unscrupulous behavior. Someone he was talking about was, of course, Link.

"That [the collapse of GE's stock price] was the result of a variety of coincidences, and that won't happen a second time. Again, of course, there are no exceptions. However, GE's solid performance in the afternoon also proved that it has strong vitality. Personally, I am very optimistic that it will continue to perform well in the US stock market in the future. ”

Jessica took out her mobile phone and checked the Internet to check that Howard, she looked at it for a while, pouted and said, "If he is really that powerful, he still needs to run to TV for that money?"

Link put his arm around her waist and smiled and said, "Why be angry with someone like this." He speaks to certain companies, and that's his profession. ”

"Then we'll leave him unemployed!" Jessica said with a grunt. "He said you were a-stirrger! She reached out and grabbed a rod that would turn into a hard erection somewhere under Link's waist and added. "You're a-stirring stick, so what am I? disgusting!"

Link couldn't help but laugh when he heard her suddenly drive.

"You're still laughing!" said Jessica, glaring at him. "This bastard is talking nonsense. Obviously, GE's stock is going to be untenable, and he deliberately misleads investors for the sake of money. It's scum!"

Link slid his hands around her waist and said, "He's just a broker." is his basic skill. Speaking for money is his survival instinct. Without him, there would be others. ”

The next day, when the time comes, the stock market will still be open as normal.

During the call auction stage, Flren still didn't make any moves. He struck an overnight deal with several stockbrokers and credit agencies last night. He borrowed 40 million GE shares, worth more than $2.5 billion.

It's not that he can't borrow more stock, he just won't put all his eggs in the same basket.

When the stock market was being centrally matched, he got a report from his subordinates.

He confirmed: "Are you saying that Gaddis only placed a sell order during the call auction?"

"According to the analysis, they do only sell! and their sell orders are significantly more expensive than several other institutions. ”

Fren said to his men, "I know!"

Although he knew that the Gaddis company had changed its strategy. But I don't know what the other party wants.

Those who represent GE are tasked with selling the stock at the appropriate price, and the call auction is the most convenient time to sell the stock. But unless it is to ship recklessly, otherwise it will not only list sell orders and not buy orders.

And because of GE's relationship, those institutions must belong to the alliance relationship. There is no reason why Geddes would sell a stock at a different price.

That will definitely make it difficult for the whole team to work together.

Could it be that Gaddis had to make a change because they lost so much yesterday that they just sold the stock today.

Fren flipped through the report from his subordinates, and his mind did not stop.

He had a message about Neil Geddes in his head. That young man was a Wall Street up-and-comer. Although he is only in his early thirties, he is already a very successful financial investment predator on Wall Street. It is said that the assets under his control already exceed the GDP of a small European country.

Neil Geddes, a rising star, emerged while he was in prison. By the time Flren was still struggling with investments after he was released from prison, the young man had earned him the nickname of the Fox of Wall Street because of his changeable operating style and the feeling of slippery.

From the information gathered by Fllen, Neil Geddes's most impressive battle was sniping at the Indian stock market four years ago. In that operation, he found loopholes in India's financial management. Taking advantage of that loophole, he snatched $6.8 billion from the Indian stock market. Let India mourn.

The $6.8 billion profit margin was more than 100 percent, and that benefited a lot of people. Since then, Geddis has entered a stage of rapid development. And Neil Geddes became a real predator because of the operation of crude oil futures last winter. He was the initiator of the entire operation at that time. That proved that he had been recognized by the predators on Wall Street and was starting to move into the center of the pond full of crocodiles.

Wall Street is a place where heroes are judged by success or failure. Neil Geddes's success has made many Wall Street and predators look at him differently, and investors also think that he is an excellent financial investor.

To be an opponent with such a person, Fren is still very jealous. But now the other side seems to be out of the circle of those institutions. Start doing it yourself.

However, he didn't know if it was a smoke bomb or if the other party had really made a change.

While he was still thinking, her secretary came in with a folder and said, "There's a fax!"

Fren took it and glanced at the fax. Seeing the above content, he was stunned for a moment, and then looked at it carefully.

He first asked the secretary to leave, and then dialed Link's phone: "Link, things may change. ”

This is Link also waiting in front of the computer for the call auction to end. He still buys and sells stocks in front of his computer today. But today he only has more than 600,000 left in his account - yesterday he lost more than 300,000 dollars.

Just as the call auction results were about to come out, he received a call from Fren.

He thought for a moment and said, "What has changed?"

"Geddeis Company, it seems that it is going to be short!"

"You mean, GE is going to ramp up shipments?"

"Probably not. Now their conditions are not yet ripe. If they ship now, they won't make much money. Gaddis seems to be acting alone"

Link asked, "Could they just want to go short at all?"

"GE's nature doomed them to do that. "If a company deliberately traps investors in the stock market, no matter how strong the company is, it will quickly fail. Flon paused and then said. "In fact, I found that Geddes didn't ship a lot. I don't think they're going to be desperate to make a shipment, but they're already planning to get investors used to the price fluctuations of stocks. A lot of people like to do short-term. ”

"Aren't we steaming and profiting from it?"

Fren corrected him and said, "No." In fact, if there are too many shares outstanding in a stock, the price will fall very quickly. But at this time, investors will not start. Unless the stock price reaches what they think is a reasonable range. ”

In other words, when the stock price falls too much, it will discourage investors until they think the price of the stock will recover soon, and they usually don't buy that stock.

This is why when a stock is shorted, the stock price will quickly reverse after a sharp fall. At the same time, there are certain restrictions on short positions as opposed to long positions. For example, when the stock price is declining, short selling cannot be operated. Only when the stock price enters an upward range can it be allowed to declare selling.

"Link, now I can't see the situation clearly. I think it's time to retreat. ”

When Link heard that he had a plan to give up halfway. He thought about it in his heart. But he immediately thought of wanting to fight GE. In the next few years, he may have this opportunity.

He whispered into the phone, "Fren." We have to do something big to make more people know about us. ”

Fren called Link to ask for support. But now Link clearly doesn't intend to stop there. He had no choice but to accompany him.

Next, Flon discovers that Neil Geddes is really shorting. The two had not worked together before. But he felt that he had a very tacit understanding with the other party in speculating on this stock.

As a result, two companies that had little intersection before, you went back and forth to press GE's stock price.

The rest of the institutions seem to have been frightened by yesterday's events. They have already started thinking about shipping.

Flon looked at the computer, and most of the buy orders on it were between $55 and $56, which proved that the institutions used that price as the downline price.

If the other party does succeed in controlling the price within that range. Flon can actually sit back and enjoy it. Because the average price of the stock he sold yesterday was $61.

As long as the price of the stock market does not exceed $61. Then Stoll will be able to make money on the stocks that he shorted before.

During this time, Fren also told Link about his new discoveries. Regardless of whether Link can give him good advice or not. But Link is now putting in a little more money than he does. Fren felt that there was any information that was risky or beneficial, and he thought that Link should know about it.

Link had heard that the institutions and Flon were mostly shorting. He kind of wanted to stop trading.

After receiving a call from Flenn, he just sat in front of his computer and just looked at the graph of GE stock. Look at GE's stock price moving forward in waves today. It should be said that it seems to be an attempt to create some controllable volatility in GE's stock.

In this way, the curve chart with constant peaks can easily attract some investors.

Especially for big companies like GE. Their stocks have always been enough to seduce those stockholders. Today's curve gives investors who don't have access to the extra information that GE stock is under attack. Those peaks are the outward manifestation of this conflict in the financial markets. There are also quite a few people who remember what Link said. Such investments are fearful of GE failure.

He didn't know how to influence those institutions. For the time being, he was afraid that he was an influence, but he didn't know it yet.

And Flon seems to have returned to the mood of his youth when he was driving hundreds of millions of dollars. There is both nervousness and excitement.

Nervous because he is fighting against GE, one of the world's top 100 companies. The excitement is also for the same reason.

Before the market closes in the morning, he and Neil Geddes slowly put all the shares they borrowed into the market.

The market reopened in the afternoon. Flon and Dell Geddes took turns selling some of the cheaper stocks. In those institutions, they want to maintain the stock price within a certain range through a small trading volume.

The harassment of Flon and Neil Geddes has led those institutions to want to maintain a relatively stable share price. You have to inhale a lot of stocks. But Flon found that they weren't desperate to hold on to their ideal price.

Fren, that's really confirmed. Those agencies are trying to ship ahead of schedule. They may even be lending each other GE shares and then, like Flren, shorting GE shares.