Chapter 179: The First Most Empty Forcing in History (10)
"1,000 euros?"
"God, why don't you rob?"
"Damn, it's absolutely impossible!"
As soon as Wei Dejin's words fell, the audience was in an uproar, and these fund managers did not care about decency, and they all opened their mouths to accuse the Porsche Group of taking advantage of the fire to rob. If it weren't for the fact that everyone had more or less a little cultivation, otherwise the scene would have been full of scolding.
"Hehe, whether you agree or disagree, we'll pay this price."
Wei Dejin glanced at everyone coldly, his expression was quite disdainful, "We don't force us to buy and sell, if you don't want to buy, then everyone will break up at most." Hehe, we don't care, I'm afraid that you won't be able to close your position by then, and if you are in big trouble, don't blame the Porsche Group for not leaving you a way out. ”
As soon as his threatening words came out, the atmosphere of the scene was suddenly suffocated, and the noisy sound disappeared without a trace in an instant. Only then did the fund managers realize that they seemed to have no choice.
"Wolfgang, is that what you mean?"
At this moment, Soros, who had been silent and cold-eyed, spoke, "This is really a bit strange, the Porsche Group is not short of cash, and after your operation, I believe that the vast majority of them will no longer oppose you, and will even help you successfully acquire the Volkswagen Group." I really don't understand why you are willing to risk offending most hedge funds by forcibly inflating the selling price. You must know that this small profit is very likely to lay unfavorable hidden dangers for the future. ”
Soros was naturally very angry, but he didn't let it go too far, because he knew very well that this kind of endless argument would not help solve the problem at all. After observing for a long time, he decided that Wolfgang. Porsche was the one who finally made up his mind, and Weidekin was just a marionette who was really just drawing fire for the actual bigwig.
"Me?" Wolfgang. Porsche shrugged his shoulders. Spread his hands and made a helpless expression, "The final decision on this matter has been given to Mr. Wei Dejin by the board of directors, you just need to talk to him." But Mr. Soros, where did you hear that we don't have a shortage of cash? ”
Although the Porsche Group is a publicly traded company, Porsche has a firm absolute controlling stake. So say Wolfgang. Porsche's words are not exaggerated. Soros naturally scoffed at this statement, but Wolfgang. Another sentence from Porsche caught his attention,
"You're short of cash? Belch...... I seem to understand something. ”
"What do you understand?"
Wolfgang. Porsche immediately straightened up, his expression visibly nervous, and after quickly exchanging a look with Wei Dejin, he asked a little crampedly, "What nonsense are you talking about?" Why, are you asking commercial espionage to investigate our internal finances? ”
The reaction of these two men was so fierce that the fund managers in the room could see that something was wrong. They looked at each other, and they could see the confusion in each other's eyes, and the room was silent for a while, and even the sound of a needle dropping could be heard clearly.
"Of course not, how could I do such a thing?" Soros smiled slightly, and he was in his chest, "It's just that your reaction just now confirmed one thing for me." I think. If the guess is correct, this is a good show of long shorting. It can't be from your Porsche Group, right? ”
"What?"
"How is this possible?"
"I said what, how can the person who built the sports car be so witty, it turns out that someone behind it is premeditating!"
……
As soon as Soros's words fell, the scene exploded again, and many fund managers showed expressions of sudden realization on their faces, and they began to discuss it. This news undoubtedly had a great impact on them. It also relieved many people a lot, it turned out that they were not lost to the people who built sports cars.
But the next question then came to their minds, who designed this conspiracy that almost swept the world?
"Hehe, it's better to play hedge funds than to build sports cars, I really feel sorry for you!"
Weidkin reacted quickly. Almost immediately, he sneered, "Look at your group, who claim to be the smartest people in the world, but in fact, who is begging for mercy now?" Are we the ones who make sports cars? See clearly, we're beating you top elites in what you do best! ”
"It's useless to quarrel!"
Soros recognized the situation, naturally he would not be like him, and he looked directly at Wolfgang. Porsche, solemnly, said, "Also, the options contracts you have in hand should have been transferred to you by someone else." You paid a high price for this, but because the price of the long short force can make up for the loss in this area, you made a deal with him. Indeed, as you expected, the Porsche Group has successfully carried out the largest long short squeeze in history. Right? ”
For his words, Wolfgang. Porsche was silent, and Weidkin shut his mouth in mockery.
"I think this gentleman must have taken a lot of cash from you, which is why you inadvertently leaked the fact that you were running out of cash. But rest assured, you can get enough cash out of us today. But Mr. Porsche, have you ever thought that in the end, all the hard work is cheaper than others! ”
"Why is it cheaper for others?"
Wolfgang. Porsche finally spoke, "Don't try to mislead or provoke, I have already communicated with my financial advisor before taking this decision." They unanimously agreed that the plan was simply foolproof. Hehe, now, apart from obediently taking out cash, is there a second way for you to go? ”
Speaking of which, Wolfgang. Porsche seems to have admitted that someone is planning behind it, but it doesn't care about the fact that Soros has pierced it, so he simply tears his face.
"Of course!"
The reason why Soros said these words was naturally prepared, and he shouted categorically, "Maybe you should know that when this gentleman transferred the option contract to you, the agreed price was the price after the exercise. Otherwise, it doesn't explain why you have a cash problem, considering that you borrowed more than 10 billion euros from the bank just a few months ago. However, you may have overlooked that the price of the option contract was not disclosed in accordance with the relevant regulations. In fact, if you disclose. I'm not going to get involved in this long short. ”
"Don't make a big fuss!"
Wei Dejin said with a sneer, "According to the regulations of the Frankfurt Stock Exchange, there is no need to announce the position of an option contract with full margin. If you don't even know that, then all I can say is that you're an amateur. Maybe you should learn the rules of trading again and talk to us again. That way you won't waste each other's time. ”
"Fully-margined options contracts naturally do not need to disclose positions, but they are traded at prices close to or exercised, which needs to be disclosed, because it will directly affect the prices of other outstanding options in the market, which I am afraid you all ignore. If the Frankfurt Stock Exchange investigates you at this point and determines that you are manipulating the stock price, I am afraid that you will not be able to escape. Soros naturally thought that Weidekin's words were not worth it, and said something to make Wolfgang. Porsche and Wei Dekin were dumbfounded, and then said with a smile. "I certainly don't waste each other's time. If you can't be sure, you can talk to a lawyer or your financial advisor now. However, I would like to remind both of you that even if we end up being pursued by the exchange, it will be difficult for the Porsche Group to remain immune. ”
As soon as he said this, the other fund managers and others showed strange expressions on their faces. And Wolfgang. Porsche's and Wei Dejin's faces changed greatly, and the two of them didn't care about the occasion, and began to whisper in front of everyone.
"There doesn't seem to be such an article in the rules of the Frankfurt Stock Exchange!"
While the two were talking to each other, Allen. Howard walked up to Soros. Whispered.
"Of course I know there is no such rule!" Soros was furious and reprimanded unceremoniously. "Alan, now we are passive, we can only scare them. Are you really planning to close your position at 1,000 euros per share? ”
At this time, he was still playing with his heart, and Soros's cunning could be seen. Allan. Howard instantly understood, his face turned blue and white, and he sat back in his place in a daze. But the heart is uneasy, as long as Wolfgang. Porsche and Weidkin are on the phone, and Soros's words are going to be a goof.
And as soon as other fund managers saw Soros and Allen. Howard's conversation and see Alan again. Howard's reaction, where will he not understand? But since it's good for you. Naturally, they won't break it.
Moments later, Wolfgang. Porsche and Weidekin finally finished their discussions, and the two sat down again. Wolfgang. Porsche is still in the posture of an old god, and Wei Dekin speaks:
"Gentlemen, after careful consideration, we believe that the price of 1,000 euros per share is not fair and insincere. In order to avoid default, we have decided to sell 5% of the Volkswagen Group shares to all of you at today's closing price to help you close your position. Of course, if there are any legal issues in the course of the transaction before or now, I hope you can help us solve them. ”
As part of the compromise, the Porsche Group hopes that hedge funds will use their PR skills to settle the so-called "disclosure" problem, which in fact does not exist at all.
At a critical time, the layman was bluffed in the end!
"Of course, it's all on me!" Soros stood up and laughed, "Although the price of more than 800 euros is still expensive, we admit defeat this time." Guys, do you have any objections? ”
Soros is naturally satisfied with this result, but he is not clear whether others are satisfied or not. But after he glanced around, the others avoided his majestic gaze. Although this price is not low, it is already the best price that Soros can get.
"Okay, since there is no objection, then let's sign an agreement!"
Soros was pleased with the reaction of the crowd and immediately responded to Wolfgang. Porsche and Widkin said, "Thank you so much this time, I believe you will definitely win the Volkswagen Group." ”
The two top executives of the Porsche Group were also smiling, unaware that they had been put together before they knew it.
"I have one last question!"
Just after everyone put pen to paper on the agreement, Soros suddenly said again, "You two, can you tell me who helped you design this multi-force short?" ”
"I'm sorry, I can't reveal the other person's identity!" Wolfgang. Porsche's face was straight and he refused without hesitation.
For this final suspense, not only Soros, but other hedge fund managers are also full of great curiosity. However, when they heard that Porsche did not reveal the slightest meaning, they were all very sorry in their hearts, but they were helpless.
"It's okay, even if you don't reveal it, I can guess who he is!" Soros swore and said, "In addition, two of you, I would like to advise you again, seeking the skin of a tiger will never end well!" (To be continued......)
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