Chapter 127: Anger, Panic
"Is it another misoperation......
After saying that.
Tang Bao himself couldn't help but laugh silently.
Hey.
Since Yang Yang can find out about the Kuwait Investment Authority's shareholding reduction operation, other well-intentioned people can naturally also detect it, especially those reporters who are closely watching the follow-up actions of the Kuwait Investment Authority today, will definitely pull out today's transaction situation.
"Well, boss, the possibility of two consecutive operational errors is very low, and besides, it is two consecutive trading days, and there is no interval ......" Yang Yang disagrees with the statement of misoperation.
on this.
Tang Bao naturally understands that the Kuwait Investment Authority should know that their "misoperation" to reduce holdings yesterday has touched the sensitive nerves of the market, and since they want to make up for it today, they must be careful and careful, and the possibility of making the same mistake again is very low.
But.
And they did it......
The information contained in this has to make people think deeply.
"What do you guys think about this?" Tang Bao looked at Yang Yang, Grafton and the others, asked with a light smile, and sat down on the sofa at the same time.
"Boss, just like Yang said, there have been mistakes for two consecutive trading days, and I haven't noticed it, it's a little weird. It was not so much an operational error as I believe it was deliberate. However, this does not make sense...... The Kuwait Investment Authority, which owns more than 25% of the British BP oil company, is the largest shareholder, and its share price has fallen, and their assets have shrunk the most, directly resulting in huge paper losses. What benefits do they get? Levi, who was small in stature, made a bold guess. Said. However, he soon denied himself.
"Deliberately? Levi, do you really dare to think about it...... I think it's just a coincidence. Legge expressed a different opinion.
It's just a short two days with Tang Bao. Everyone found that Tang Bao, the boss, was very easy to get along with, and everyone gradually let go.
"Well, I'm leaning towards Leger's statement, although it seems ridiculous to have operational errors for consecutive trading days, but it's not impossible." Galalong said.
"Too many coincidences come together. It may have been premeditated. Grafton was silent for a moment, then said calmly. Not to mention the possibility of operating errors for two consecutive trading days and not being detected in time. The timing alone is somewhat suspicious, as it comes at a time when there is a short sale of BP oil shares, and it is at this time that the Kuwait Investment Authority, which has a decisive influence on stabilizing BP Oil's share price. There was a mistake......"
Levi is right when he says that the Kuwait Investment Authority is deliberately unreasonable. But it is overlooked that it is all people who trade stocks, and who can guarantee that everyone is completely loyal to the Kuwait Investment Authority? If someone gives an irresistible fortune to the trader in charge, or is physically threatened, then it makes sense that there has been a human 'mistake'. Grafton offered his own speculation.
Hear out.
Everyone couldn't help but be shocked, bribery or threats were really possible. Although the vast majority of people in this profession abide by the rules of the profession. But there is no shortage of scum, or helplessness.
"Well, that's a possibility." Tang Bao watched everyone analyze seriously. also said with a smile. In fact, there is also the possibility that the Kuwait Investment Authority deliberately forced BP and the British government to stop forcing them to cut their shares.
After all.
The reduction of the Kuwait Investment Authority's stake was a reluctant decision in the face of political and diplomatic pressure, and it was simply admitted. Some can't make sense. It's clear that you can't compete, so you can change it to a secret attack. Even Tang Bao was a little suspicious that the mysterious short-selling institutions that suddenly appeared in the past two days might have something to do with the Kuwait Investment Authority.
……
As Tang Bao expected, after the exchange ceased trading, many people were looking for data about the Kuwait Investment Authority's transactions.
I don't know if I don't look at it.
After reading it, my heart was pounding! In particular, those reporters were excited, their eyes lit up, and they excitedly called back to the editor-in-chief to book a good page, and then began to work hard to polish this big news...... Some of them need to decide how to decide on the title to better attract readers.
Kuwait Investment Authority sells shares of British BP oil company? Kuwait Investment Authority reproduces misoperation? Kuwait Investment Authority cuts meat out of the market......
Journalists are constantly thinking of a variety of eye-catching headlines in their heads.
London, United Kingdom.
"Fack!"
After reading today's transaction data, Peter also spotted the presence of the Kuwait Investment Authority, and he knew that all parties were watching the actions of the Kuwait Investment Authority. The data of several transactions may seem small, but the impact is difficult to estimate. So Peter burst into foul language in anger.
He felt like a fool being played by the Kuwaitis.
Then.
The phone on the desk rang suddenly.
"Hey."
As soon as he finished his fire, Peter's tone was a little gloomy.
"Hello, Mr. Peter, I'm Salim." A familiar voice rang on the other side of the phone.
Well.
Hearing that it was Salim who was looking for him, Peter almost scolded angrily, but in order to maintain his image, he held back. Then he said coldly, "Mr. Salim, I need an explanation!" ”
"Mr. Peter, uh, I know you're going to be angry at the moment. But I have to say, this was a real mistake...... Definitely an accident. Salim said.
“……”
Salim's explanation made him angry, and yesterday he casually proposed to use the excuse of "misoperation" to remedy the sale of shares by the Kuwait Investment Authority, but he did not expect that there would be a real misoperation today. He wanted to die. How could this kind of mistake with a very small probability be bumped into by him.
"Whew."
Suppressing the anger in his heart, Peter said forcefully: "Mr. Salim, I can trust your explanation. But will the public believe it? That's the point......"
"Rest assured, we'll do our best to make it up." Salim swore an oath.
……
Just as Salim and Peter were arguing.
The head of the Kuwait Investment Authority in the United States, Taraka, held another press conference.
This.
Hundreds of journalists were present, most of whom already knew that the Kuwait Investment Authority had reduced its holdings of shares today. Coupled with the news circulating on Wall Street today, they have reason to believe that there will be a very important announcement from the Kuwait Investment Authority.
Maybe.
It is a formal admission to reducing the stake in BP Oil, or it has been sold off as rumored......
"Mr. Taraka, it is said that the Kuwait Investment Authority is secretly selling BP shares in the UK, is this news true?" Taraka had just appeared, and a reporter standing in front of him was holding a microphone. He rushed forward with a whoosh and asked expectantly.
"Please be quiet. When I make an announcement, I will answer everyone's questions one by one. Taraka didn't answer the question directly, but stood next to the microphone and spoke loudly.
Moment.
The reporters fell silent. It's not crowded anymore. What they were afraid of was that they didn't have a chance to ask questions, and since Taraka had said that they would answer their questions, why bother. What's more, everyone is also very curious, this time, Taraka is in a hurry to hold a press conference, what shocking news will be broken.
"Uh-huh...... First of all, I would like to state that the news circulating outside about the sale of BP shares by the Kuwait Investment Authority is all rumours. We remain bullish on BP's outlook. and has joined the board of directors of the company. ”
"Second, perhaps you have all noticed that the Kuwait Investment Authority has reduced its holdings of another 370,000 shares of BP Oil today. You may be skeptical, though. I would like to say here that this is an absolute misoperation, which may be a problem with the trading software or a human error. But this sell-off of stocks was never the intention of the Kuwait Investment Authority! I haven't made the decision to reduce my shareholdings. ”
Misoperation?
Under the press table.
Hundreds of reporters were stunned to hear Taraka's explanation. There are a few who believe in the words of Taraka. The reporter, who continues to hold shares in BP Oil, is even more angry. Misoperation of going to Nima......
This.
Taraka's explanation failed to convince the journalists.
"Finally, given the two consecutive mistakes, the impact is bad. We have decided to fire three traders who were in charge of trading. Well, in addition, the Kuwait Investment Authority will withdraw the sale of BP shares from tomorrow...... "Taraka quickly announced the decision.
Then.
Taraka made good on his promise and motioned for the reporters below to ask questions.
Wow.
A few reporters rushed to ask questions first, and although Taraka had already stated several of the key issues they were concerned about, it was clear that the reporters were not convinced......
……
The next day.
Major newspapers and media outlets have reported on the Kuwait Investment Authority's reduction in its stake in BP Oil.
Another misoperation?
Misoperation of going to Nima...... Some investors who own shares in BP angrily shouted as they hurried towards the New York Stock Exchange.
It's time.
The New York Stock Exchange opens on time.
Wow.
BP's share price has been down since the beginning, opening at $47, and it is still falling, and the stock sell-off is increasing.
Apparently.
The Kuwait Investment Authority's mishandling explanation failed to reassure investors, and many people sold their shares.
"It's falling, it's still falling......"
In the VIP trading room, Yang Yang and the others stared at the stock price of BP Petroleum without blinking, watching it fall again and again, and shouted excitedly.
Hehe.
Tang Bao also smiled, he had already expected this situation.
"Whew. Yang Yang, Legger...... You all hurry up and get ready to short sell BP oil shares! Seeing the increasingly chaotic situation, Tang Bao seized the opportunity to beat the water dogs and further suppress the stock price of BP Oil. At this time, there is more than one investor who is short selling, and they are waiting for an opportunity to join in, mixed in the middle, and no one will notice.
"Yes!"
Yang Yang and the others responded, hurriedly sat back on their respective computer disks, and began to operate quickly, after watching the battle for a few days, they couldn't bear it anymore.
And at this time.
There are a series of large sell orders in the market, and the stock price is also falling.
It's obvious.
At this time, it was not only Tang Bao and the mysterious short seller who suppressed the stock price of BP Oil Company in the United Kingdom, but also many people who fished in troubled waters and wanted to make a big profit.
Maybe these people have different purposes, some want to sell away, some are short, and some have some purpose......
But.
At this time, these people all have a very consistent goal, which is to suppress the stock price of BP Oil Company to the death, without giving a chance to ease.
Start, one is more ruthless than the other. The stock price has been falling......
$46.85.
$46.72.
$46.19.
$45.21.
$44.17.
$43......
$42......
……
As soon as they fell to the ground and fell wildly, as if they were going to fall all the way to the bottom, investors who were hesitating and waiting to see panicked and hurriedly joined the sell-off.
"Peter, the stock price is about to drop below $40, and we need to intervene or we'll end up in endless trouble." Ayrt reminded.
"Fack...... Ayrte, hurry up and inform our people to eat these orders. Peter finally couldn't help it, and if the stock price was allowed to fall like this, it might really collapse. (To be continued) R655