Chapter 31: This time the lord beat the shorts

"I can't go to school, I don't return the news, where did Shishang run."

Iino was so irritable that she swiped her phone up and down, the page was the chat bar between her and Ishigami, and she didn't reply to the message she sent last night, let alone this morning.

Last night at 21.45

"Ishigami, are you home" (unread)

Last night at 23.58

"Good night, go to bed early, Stonegami" (unread)

9.40 a.m

"Ishigami, are you unwell? How did you take a leave of absence today. ”

"Why don't you reply to me?"

Iino never imagined that one day he would be so irritated because others didn't reply to messages, let alone that person was still Ishigami.

She was lying on the table, her smooth tea hair a little messy, because she got up this morning and was not even in the mood to comb her hair.

Suddenly, she heard her phone vibrate, and her little hand screamed quickly, and immediately unlocked the screen, but soon she was weak enough to lie on the table.

"No, it's not."

Just a piece of news

Anyway, it was boring, so she leaned on the table and clicked on the news.

"Shocked! The toy-making company single-handedly fought 8 big Wall Street bears, and its stock price rose 235% on the day"

Title party, how can it be so outrageous. Speaking of which, Ishigami's family is a toy-making company, and Iino, who was suddenly interested, continued to swipe downward.

As a result, we saw the first line, Wandai Road Toys Co., Ltd., which opened at $65 and closed at $217.75, with a current market capitalization of $40.2 billion. Iino's eyes widened suddenly. (Setting Ishigami to be listed on the NASDAQ)

Damn, it's really Ishigami's company!

The cause of the incident was the headline that suddenly appeared in the Wall Street Journal last night, Hun Qiao, the world's seventh-largest hedge fund, announced that it was going to short Wandai Road, and came up with a research report, pointing out that the stock price of Wandai Road was inflated, the cash flow was insufficient, and the research cost was high, and the 120-page report was sprinkled.

For a while, various institutions responded one after another, and even the Black Bridge Research Company, which is owned by Sigong Huangguang, the son of the Sigong family, also joined this gluttonous feast, wanting to bite down on the meat.

On the cusp of the storm, the 10,000 loan road is in jeopardy, no one is optimistic, and some investment banks have already discounted 20% or 30% of the price before the opening of the market, hoping to be able to make a deal.

Many people regret that this old toy production company will be greatly damaged in this sniper, and his life is about to reach the end. Maybe being swallowed up by other game companies is the final outcome.

And the one who was ordained by the danger and created this impossible miracle was Ishigami.

When he was at Iino's house, his brother called to say that his family's company had been sniped, and that it was a hungry wolf from across the ocean.

Ishigami is not only the CFO of his family's company, but also a top trader, and he operates things like stock index futures.

After spending 5 minutes in the car and reading the 120-page report, Ishigami felt that it was pure nonsense, especially the high cost of research and development.

It was already past 8 p.m., less than 3 hours before the U.S. stock market opened. (13 hours difference in time zone)

This time is quite tense, and Ishigami must know how many stocks of his own company are on the side of the short-selling institution, and how much money is aimed at his own company, these things are very troublesome, which is equivalent to the existence of the opponent's hole cards, but he must let Aili find out.

At the opening, the stock fell by 7%, good guy, it really killed people without seeing blood. This was mainly due to the high-volume institutional sell-off.

The easiest way to get a stock to fall is to sell a large number of sell orders to sweep away the buy orders in the market.

For a time, the bulls were directly pressed to the ground by the bears.

Relying solely on the cash flow in the hands of the company, it is definitely not comparable to those hedge funds with deep pockets, but Wandai Road Company has a rather terrible advantage, that is, there is a lot of fan traffic.

What Shi Shang has to do is to sell miserably, he asked Aili to open more than 100,000 trumpets, and go to major forums to preach that if Wanyao Road loses this game, it will be whether it is your previous "wife" (figure) or your future "wife" is all gone.

How can these fans endure it, you NND robbed my "wife", right!

One of the reasons for the low number of retail investors in the U.S. stock market is the high handling fee, and Ishigami solved this problem by contacting several zero-commission trading platforms to divert these angry fans to buy his own company's shares.

The stock has risen, and fans can continue to buy their favorite "wives" after selling them. Both sides feel that if they don't lose, it's blood.

That night, all the fans were showing off how many tens of thousands of loans they had bought and how much they had contributed, and they would be despised if they bought less, saying that you didn't love your "wife" enough for her mother's family.

Then Ishigami and another group of multi-party hedge funds, which smelled blood, bought a large number of shares that should have been lent to the short side, squeezing the seller's living space in the market.

This eventually leads to the liquidation of short positions

This practice is known as the Plundering Trading Act. He took advantage of the restrictions on market liquidity to besiege the bears and take the opportunity to push the stock price higher. When a short position is closed because of a stop loss, he is the biggest profitee.

The operation on the stone even allowed the bears, led by the Hunqiao Fund, to break the trading record of the largest single-day loss on Wall Street.