NASDAQ, Emergency Risk Warning.

NASDAQ, Emergency Risk Warning.

NASDAQ, Emergency Risk Warning.

Just like an alarm, after the Nasdaq issued two risk warnings before, the Nasdaq, in one breath, issued ten more times.

Taken together, the Nasdaq issued a total of 12 statements of emergency risk warnings.

12 emergency risk warnings were issued in a row, which can be said to be unique in the entire U.S. market.

There are wise people who see the bad things and secretly stay away.

There are also some institutions, fund companies, that are uneasy, and they are worried about it.

Could it be that this is an official NASDAQ-announced retreat order?

If not, then, why send 12 in a row.

If yes......

Those smart people no longer dared to imagine, and quietly, slowly retreated.

However, for many investors, they still refuse to leave the market.

Sometimes, the market is weird.

Even if it is obviously overbought, there is obviously a bubble, but he just keeps rising sharply.

When stocks continue to rise sharply and assets continue to appreciate, not many people will exit lightly.

It's just that it should come, it should come.

The storm that has been lurking, he will come eventually.

25 January 2004.

Penguin IPO subscription date.

This is not the day Penguin goes public, he is the time when investors are interested in subscribing.

Of course, this is also the time when the stock market draws blood.

Tens of thousands of accounts, investors, and shareholders have sent subscription requests to Penguin.

Some subscribed for 10,000 shares.

Some subscribed for 100,000 shares.

Some subscribed for 1 million shares.

Even, 10 million shares are a lot of people.

At the same time, while these investors subscribed, a series of funds were constantly frozen.

$100 million.

$1 billion.

$10 billion.

$100 billion.

In the blink of an eye, the amount of shares subscribed to Penguin has exceeded $100 billion.

This is an epoch-making number.

So far, no company has frozen more than $100 billion in funds.

At this moment, many media couldn't stop being excited, constantly commenting, and reporting for the first time.

Only, it didn't stop.

$200 billion.

$300 billion.

When $300 billion appeared, some media outlets were shocked and worried.

Pumping $300 billion in blood, the Nasdaq can't stand it.

It's okay, the NASDAQ has a market capitalization of more than $40 trillion, and $300 billion is terrifying, but it also holds up.

However, even if this is the case, people did not expect that the passion of investors is so great.

It's only been a long time, and it has exceeded $300 billion in a blink of an eye.

It's just that $300 billion is not the end, he is just the beginning of madness.

$400 billion.

$500 billion.

$800 billion.

$1 trillion.

When the frozen funds reached $1 trillion, the world was shocked.

It's not just the unprecedented, frozen funds.

The sensation is the entire NASDAQ market.

$1 trillion.

That's $1 trillion.

Penguin alone, he pumped $1 trillion in blood.

Although the total market capitalization of the NASDAQ reaches 40 trillion, it is only market capitalization, not liquidity.

This is a very red flag.

This almost indicates that the Nasdaq does not have much liquidity to participate in the operation.

Darkness slowly came.

By the time everyone subconsciously sensed that danger was coming, the sky had already darkened.

They found out too late.

The NASDAQ stock price began to plummet.

Have you ever taken an elevator?

Anyone who has experienced a plunge will say this to you.

When you enjoy the beautiful scenery from the top floor, it only takes a short moment for the elevator to take you from the top floor to the first floor.

Coca-Cola fell 30%.

The first thing that came out of the table was Coca-Cola.

Then there was Pepsi, the same kind of Coca-Cola, which also fell by 20%.

Then came some of the supergiants, Walmart, General Motors, Phillips, Ford Motor, Bank of America, Microsoft, IBM, Intel, Procter & Gamble, Johnson & Johnson, USPS...... Pretty much all the Super Big Macs you can see, started to fall across the board.

No, it can't be described as just a decline.

This is a plunge.

The stock price is like a waterfall, and it is a thousand miles away.

The Nasdaq closed the day with an 18% plunge.

The entire stock market is full of mourning.

18% for the index, which doesn't mean that your stock is only down 18%.

If so, that's okay to say.

The index fell 18%, which means that all stocks fell 18% on average for the entire Nasdaq.

It's just that the most important component of the entire Nasdaq is the Super Jumbo.

If you buy these super giants, maybe, fortunately, there are many shareholders in it, many fund companies to help them, they can protect the disk, and you will not fall much. But if you're buying some small-cap stocks, well, sorry. If the NASDAQ falls by 18%, then your stock will definitely fall by more than 30%.

This is quite normal.

There are hundreds of small-cap stocks, and they just don't know what's going on, and they plummeted 90%.

From 10 yuan, it fell to 1 yuan.

If you buy $10,000, then, today's plunge, you end up with only $1,000.

If you say, 10,000 becomes 1,000, I can stand it, it's not a big deal.

Yes, 10,000 becomes 1,000, just like a gambling loss, you can stand it, anyway, it's not much.

However, if you buy $10 million and only $1 million is left in the end, I'm afraid, you'll have to cry to death.

And that's just for a few small investors.

For those fund companies, for those institutional investors, and for those shareholders of listed companies, their shares are around tens of billions of dollars, and this fall has directly fallen by billions.

God, don't be so fierce.

I finally understood what the risk warning of the exchange meant.

It's just that, even if I understood, I didn't expect that it would plummet like this.

Brothers, hold on, I don't believe it, tomorrow he will plummet.

Someone said cheeringly.

Yes, hold on, there will be a surge after the plunge, I'm afraid that he will make hair.

Yes, is Penguin so good that he can bring down the NASDAQ?

fell so much at once, some people cried out, and some people are still holding on.

Maybe they are wise for those who are crying out.

Even if they lose today, they don't lose much, and they haven't suffered a big loss yet.

However, those who insisted on not throwing it really found out how merciful they were to plummet yesterday.

Just when people were expecting the Nasdaq to stop falling and recover the next day, this was not the case.

The Nasdaq index has plummeted again.

This time, the magnitude of the plunge was more than 30%.

More than 6,000 stocks.

None of them rose.

All stocks, all down.

Moreover, this time, almost every one of them fell by more than 30%.

Even the super large-cap stocks that were more resistant to falling yesterday can't stand it at this time, and the stock price has plummeted.

How so?

How so?

Everyone was stupid at this moment.

They don't know how to do it.

To sell, or not to sell.

If he doesn't sell, he won't continue to fall.

If you sell it, you will lose more than 50% of it now, can you sell it?

God, don't play like this.

Countless investors are bleeding from their hearts.

It's just that they still have a glimmer of hope.

They feel that this is not normal.

Penguin is just subscribing to new shares, and even if it has an impact on the index, it is unlikely that it will have such a big impact.

It plummeted by 18% the day before, and that's it.

This time, it plummeted by 30%, do you still want to operate stocks?

I'm afraid, all investors will have to jump off the building.

Some people, even at this moment, are not sold even if they are killed.

However, just when they were determined not to sell, after the media suddenly broke the news that "Buffett has sold Coca-Cola shares", for a while, everyone seemed to have heard a talisman, and the whole line began to collapse.

The gods have withdrawn, and you still haven't withdrawn?

Our stock gods are no longer playing with the market, do we want to continue?

Sell, sell, sell.

Countless investors finally couldn't hold on.

Even if they know that selling it now, it will be a terrible loss.

But if you don't sell, then, you'll have nothing.

Although the rules of stock trading do not allow you to lose to zero, you can lose your money to infinitely close to zero.

Perhaps, that's not the most important thing.

The most important thing is that countless people have lost all hopes.

They seem to have sensed that the stock market crash is coming.

What else to wait.

What else to insist on.

Your wait can only be exchanged for greater losses.

Your persistence, in exchange, is a pile of waste paper.

The domino effect is finally showing its power.

The market was already in jeopardy, and the market was drained by Penguin Company, and Buffett was out, which made the Nasdaq market even worse. The entire stock market was defeated like a mountain, and the sky was full of sell orders, piling up the entire screen.

It was a bloodless disaster.

However, this catastrophe is more terrible than the bloodshed.

In the aftermath, according to a number of statistical agencies, in just one week, the market evaporated a total of $20 trillion.

……

"Zhang Ning, thank you."

Buffett thanked Zhang Ning, "If it weren't for you, I'm afraid that we Berkshire would have suffered a lot of losses." ”

"Hehe, Mr. Buffett, I just reminded you, but I didn't expect you to be so bold and go."

"But now it seems, didn't I go the right way?"

Warren Buffett laughed.

"It's just a pity that I didn't copy the bottom."

After plummeting for one week, the market finally stopped falling and stabilized.

This is the city that the U.S. government came to the rescue.

Zhang Ning secretly screamed pity.

"Hehe, it's not your fault, if you don't copy it, you don't copy it, and under the market crash, no one can control it. I was willing to leave early, but I was also worried that I would not be able to stop this crisis. ”

"Yes, once investors lose confidence, the stock price will never look back."

Even now thinking of the NASDAQ crash a few days ago, Zhang Ning still feels a little terrifying.

"Fortunately, the U.S. government took action, otherwise, you Penguin Company would have become a sinner."

"Hehe, Mr. Buffett, you can't say that. When did we become sinners, we were just normal listings. As for the Nasdaq crash, it can only be said that the Nasdaq market is also immature. ”

"Yes, although the U.S. stock market has a history of more than 200 years, there are still many shortcomings. In particular, when faced with some unexpected events, he will skyrocket and plummet. The Internet bubble brought up by Yahoo back then is actually the same as the stock market crash caused now. ”

Warren Buffett lamented.

"But I have to congratulate you."

"Congratulations on what?"

Zhang Ning was a little strange.

"Congratulations on my escape, hehe, didn't you escape too?"

"No, that's not what I'm congratulating on."

"What's that?"

"Congratulations to Penguin, Inc., for breaking through the $1 trillion market cap."

Zhang Ning was a little confused, "Our Penguin Company has not been listed yet." Before, it was just a new share subscription, and the actual listing date was a week later. ”

"I know."

Warren Buffett smiled and sat down, "So, I'm congratulating you in advance." ”

"Hey, Mr. Buffett, do you think our Penguin company can exceed $1 trillion?"

Zhang Ning shook his head, he felt unlikely.

The highest market value of Apple in later generations is only more than 600 billion.

In the case of the current penguin company, it is only about 500 billion at most, and it is impossible to exceed 1 trillion.

It's just that Buffett smiled and didn't say anything, "When the time comes, you'll know." ”