In China's stock market, if you buy a stock, if it goes up, it is equivalent to making money, and if it falls, it is equivalent to losing money.

However, in the U.S. stock market, whether a stock rises or falls, you can make money, and of course, you can also lose money.

If you are long on a stock, you will make money if the stock goes up in the future, and if you lose money if you are short on a stock, then in the future the stock will fall, you will make money, and if you lose money otherwise.

If a company does not have major financial problems, investors who want to short a stock are basically asking for their own death. However, if a company is really false or conceals internal problems, shorting the stock can often be lucrative.

In the financial market, there is also a common leverage mechanism, simply put, if you take out double the principal, you can press four or five times the bet on the field, win big win, lose big loss. It is equivalent to a securities institution lending money to you to bet.

Ten or twenty times the financial leverage mechanism is nothing, and there are many real deadly gamblers, such as naked short stocks.

Naked short stock means that the number of short shares can even exceed the total number of shares issued by the company. Once the operation is successful, there is basically only one outcome for the company that is emptied - bankruptcy and delisting.

Now Roy chooses the stock of Dry Forest Paper in the bare air, not only to speculate on profits, but also to implicitly make Dry Forest Paper bankrupt and liquidate.

Source Water Fund Company, Conference Room.

Leo, the head of the hedge fund, stared at the operation sheet in his hand, confirmed the operation details with Roy word by word, and gave him optimized operation suggestions from time to time.

After the incident, Leo sighed: "This is a really big list, the risk is extremely high, I recommend being conservative and short, if it is a bare air, it will be counterattacked if you can't kill with a rod." ”

Roy understood what Leo meant, based on the short-selling mechanism, players need to sell the stock first, and then buy to close the position, if it is simply short, then as long as the stock of Dry Forest Paper falls sharply, it will definitely be profitable. However, the naked short is to sell more than the number of shares issued by Dry Forest Paper, at this time, Roy needs to sweep away all pending orders after the stock falls, which may cause Dry Forest Paper to go bankrupt and delisted. But as long as there are stocks in Ganlin Paper that are traded with pending orders, this naked short transaction may fail.

"Is there a way to increase your win rate?"

Leo groaned: "More funds are needed, only 100 million operation principal is not safe, if there is no big player to deliberately raise the stock price, 100 million is enough, but, in case the other party fights to the death, cut the meat to save the market." ”

Leo means that if Ganlin Paper gives up resistance, even if it is a naked short stock, this game can be easily won, but if Ganlin Paper does not want to go bankrupt and invests a lot of money in the stock market to pull up the stock against the sky, this will increase the cost of the game.

Roy thought for a moment and asked: "The financial problems of Ganlin Paper are so big, their best strategy should be to delist, right? Will they still have blood transfusions to save their lives? Wouldn't that outweigh the losses, and they will lose more?"

Leo nodded and said: "The truth is this, if they have a blood transfusion to save the market, it will definitely be a stupid decision, the company's final fate will not change much, it is just a matter of early death and late death, however, if they make an irrational decision, the trouble and loss caused to us are also immeasurable." There is no case in the financial market, we have to prepare 10,000. ”

Roy tucked his hands under the table, hiding the tremors of his hands and feet, not wanting Leo to see his excitement and nervousness. At this moment, his heart is even more agitated, this hedging operation will also use leverage, if Ganlin Paper desperately resists, then he also has the possibility of losing money.

It's an exciting, suffocating gamble.

"How much more do you need?"

"500 million is enough. ”

500 million! Fake, where am I going to grab 500 million?

After this period of operation, Leo scraped together enough 100 million yuan to do hedge fund business, and in addition, Leo gave 100 million yuan to make Roy's order. After the marketing bombardment of the financing platform some time ago, the potential has been tapped, if you make up another 100 million, there may be a bit of drama, but if you make up another 400 million, it will be a fantasy.

Roy is in a difficult choice, should he take the risk and wait a little longer, or should he strike immediately and seize this wave of opportunities?

"Leo, if it were you, what would you choose?"

"I can't make decisions for you, but I recommend that you take a gamble, there are not many opportunities in your life. ”

"Ok! it!" Roy pressed his heart, his whole body seemed to be ignited by the flames, and his brain was boiling, "Leo, I'll personally raise another $100 million for you, a total of 200 million principal, it's up to you." ”

"200 million...... Isn't it too risky?"

"Hey, didn't I give you 100 million separately before? ”

"This ...... Not so good. Leo pretended to be very hesitant, his face was full of reluctance and entanglement, "The 100 million principal is what you promised to do other operations for my department, in that case......"

"It's just a temporary borrowing. After this order, I will return a penny to you, okay?"

"That's it...... I'm afraid it's hard to explain it to my colleagues......"

"What do you want?"

"What can you give?"

After several temptations by the two, Roy couldn't bear it, and said, "After this operation is successful, I will directly double the operation principal for you, OK?"

Leo was hesitant to say, "After all, this has changed the business I just laid out, and I have to think about it carefully......"

We are all our own people in the same chain of interests, and you still play negotiation tricks with me, is it interesting? Assi. ”

Leo stood up with a constipated look on his face and shook Roy's hand, and praised: "Okay, you won, you really learned today, I hope to cooperate more in the future." ”

Roy rolled his eyes back, you are really enough, do you think that if you praise me a few words, I will think that I have won the negotiation? Will I secretly have fun? Hmph, I didn't expect you to guess correctly, I am indeed very happy.

Since Leo did not raise other objections, with his upright character, this wave of operations is very likely, and it is not a big problem.

Leo sent Roy away, his face also showed excitement and joy, he really didn't expect Roy to be so good at finding a listed company with huge financial problems, if this is the case, this short sniper will be nine out of ten. However, due to the risk of bare air, he had to make a careful layout early to avoid the gutter from capsizing.

Is it 300 million principal? It's a bit less. But for such a good opportunity, not gambling is simply a tyrannical thing.

He returned to the office and laughed at a group of Wall Street financial elites, "Guys, here is big business." ”

……