When Zhao Chuanxin's team closed the short position, it was still absorbing shares.

Why Absorb?

Because borrowing shares to sell short when it is high, it is borrowing shares of United Copper from others, paying interest to others, and then selling the shares of United Copper when it is high.

Now the stock price has fallen to $10, and then the amount borrowed before is absorbed at a low price.

Back and forth, on average, I made a difference of more than $40.

This is called short selling, which is a trading strategy, and compared with the leverage of capital borrowing, although it involves borrowing funds for investment, the concept and operation method are different.

The operation amount of Zhao's team was huge, and it stabilized the stock price of United Copper at $10, and even made the stock price of United Copper rise slightly.

But the sell-off is still raging.

Nearly half of the money in Zhao Chuanxin's team has been used as margin, so there must be a strategy of borrowing shares and selling short to maximize benefits.

If there is no margin, Zhao Chuanxin's team will make more money.

While Jesse Livermore liquidated his position and absorbed a sufficient number of shares borrowed back, Thomas Livermore W. Lawson went to transfer the margin as soon as possible.

Because, an even bigger storm is about to sweep in.

These things were carried out at the same time, and today there was simply no time to grind their teeth with the Heinze brothers, and everyone was busy with their feet not touching the ground.

It wasn't until the evening, when the market was about to close, that it was over.

Thomas S. W. Lawson came back with a tired face and said, "Boss, there are still some parts that haven't had time to transfer." ”

Zhao Chuanxin frowned: "How many more?" ”

"About $7.5 million."

Zhao Chuanxin was taken aback: "We are very fast in closing positions and absorbing shares, why is there still so much money not to be withdrawn?" ”

According to the proportion, there should be a maximum of 1 million to 3 million at this time, even if the efficiency at this time is far less than that of computer operation in later generations.

Thomas S. W. Lawson said helplessly: "Because of the Nick Burke Trust Company, the Merchant National Bank, the Bank of Montana...... But all the banks and trust companies that Heinze brothers did business with were all subject to a run on retail investors. We are a VIP customer, so we were able to give priority to it, but we still couldn't put it all forward. ”

Because it is necessary to close the position and absorb the shares of United Copper at the same time, it cannot be all proposed at the same time, and it is necessary to conform to the proportion, so this situation will occur.

Regardless of whether the final profit is 100 million or 150 million, 7.5 million US dollars is not a small amount.

That is equivalent to 15 million silver dollars, and even the Qing Dynasty's most wealthy Qing prince Aixin Jueluo Yixuan has accumulated wealth for a lifetime, and his assets are only 70 million silver dollars.

Zhao Chuanxin will not give up.

He frowned and said, "I'll continue to mention it tomorrow." ”

Although he knew about the run, the margin had to be paid.

His reflexes were fast enough, otherwise it would have been more troublesome.

Thomas S. W. Lawson nodded, and he asked, "Boss, what about the celebration banquet tonight?" ”

This time, Zhao Chuanxin was not stingy, and waved his hand: "Let's hold it." ”

Because a large amount of money has been put into the pocket, the rest of the matter, except for the 7.5 million deposit that needs to be rushed, the finishing work is not in a hurry, and there is still some room for profit until the 20th.

It was only when I walked out of the street exchange that I ran into Fritz Heinze again.

This time, Fritz Heinze, Charles Morse and Otto were dejected.

In this battle, they can be described as heavy losses.

To make matters worse, they heard about the run. Just like Cao Cao walked on Huarong Road.

The three of them were not just depressed, they were even a little frightened, because the seriousness of what they had done was beyond their expectations.

When I saw Jesse Livermore and Thomas J. W. Lawson, when the enemy meets, he is very red!

Charles Morse has lost his previous spirit, the shelf and style of the "Ice King", although his face is full of the murderous aura of the enemy, but his eyes are wandering.

But when Fritz Heinze saw Zhao Chuanxin, his head seemed to be struck by a bolt of lightning.

The white fat man rushed forward with a roar, reaching out to grab Zhao Chuanxin's collar: "You tell me ...... clearly"

Zhao Chuanxin's physical fitness was very good before practicing balance.

In addition, during this period of time, he practiced balance techniques diligently, his body was flexible and flexible, and his nervous reaction speed was super fast, so he easily avoided it.

The white fat man's hand was empty.

He staggered two steps before he stopped.

Zhao Chuanxin saw the reporter taking pictures, turned his head again, exposed the back of his head, and took out a cigar by the way and lit it: "Festival mourning changes." Many times, suffering losses is a blessing, brothers. ”

Fritz Heinze gritted his teeth: "Then I wish you happiness like the East China Sea!" ”

“……”

Zhao Chuanxin was speechless.

There are not many people who can make Lao Zhao dumbfounded.

Seeing Zhao Chuanxin's words, Fritz Heinze glared: "What do you mean by those words you once said to me?" ”

"Ao ......" Zhao Chuanxin looked abrupt: "Heroes don't ask where they come from, young people don't know young women." Women don't understand that men want to be strong, because women don't need to be strong to be loved. These two sentences are very simple, that is, I am still young and don't know the benefits of a young woman, but at first glance, Brother Ling is a professional Cao Cao. The latter sentence, I mean, is that Rebecca won't understand your pretending, because women don't need to be strong, they just need to be beautiful and coquettish to be loved. So, don't waste your time. ”

...... "I'm Cao, is that what you mean?" Fritz Heinze had a hideous face: "What I asked you is the latter words, don't pretend to be stupid!" ”

It's all this time, and he still cares about a chicken feather woman?

Zhao Chuanxin held his cigar and said with a faint smile: "I talked nonsense later, I forgot." ”

If Zhao Chuanxin had said this before, Fritz Heinze would have either been skeptical or would have believed it.

But now, he suddenly felt that Zhao Chuanxin had become unpredictable.

"As for Charles Barney, he's not a white rabbit. As we all know, it is far more difficult to manipulate a stock price than the market value itself. So, if the ice and canal business is doing well, the bears may not heed your warnings. Old Morgan watched the fire from the other side, and the New York Yamen treasury would be insolvent......"

And the sentence: "You're almost done, don't invest anymore, we've made enough money." ”

Zhao Chuanxin's nonsense before, but now Fritz Heince is really scary.

Charles Barney, the old fox, must have seen that the market value of United Copper at this time was several times larger than Charles Morse's ice and canal business, so he refused to cooperate.

And they manipulate the stock price while underestimating the number of outstanding shares in the hands of retail investors.

The bears tried to see through their bluff, and as a result, the stock price plummeted.

And Zhao Chuanxin's words later, although Fritz Heinze didn't understand everything, he already had some clues, and he felt that they would all be realized one by one.

The more he thought about it, the more shocked he became, and the more he thought about it, the angrier he became.

Then he looked at Jesse Livermore and Thomas Livermore. W. Lawson suddenly felt how these two looked like puppets, and the real mastermind behind the scenes was the Asian man in front of him.

Long before it happened, the man saw through everything.

Then use the process of their building and collapse to fully squeeze every penny from them and the leeks!

Yes, definitely.

Think of Thomas S. W. Lawson used to manipulate the market to make a small profit on a wave of accumulated power, and then used real money to buy United Copper stocks at a low point, pretending to want a piece of the pie to dispel their suspicions, and then shorting the high point when their pool of funds was exhausted.

I blanched ...... Now that I think about it, it turns out that they have a hard time with every point.

It was true that Thomas S. W. Lawson and they have earned enough, and Zhao Chuanxin even blatantly persuaded him to let him stop.

But where would Fritz Heinze listen to such words at that time? It's just that Zhao Chuanxin is a fool.

But now it seems that he is the biggest fool!

After thinking all this, Fritz Heince staggered back and pointed to Zhao Chuanxin shrouded in smoke: "You, you, you are the evil dragon!" ”

The "Wall Street Journal" reporter next to him saw Fritz Heinze look frightened at the Asian man, and the muscles on his white fat face leaked a chill every time he trembled.

He was very curious, what kind of sacredness was that Asian man, who could make the famous "Bronze King" afraid of being like this?

But Zhao Chuanxin was only left in the back of his head, so he wanted to turn around and shoot.

Seeing this, Zhao Chuanxin slapped his backhand, and the camera was shot flying five or six meters, rolling on the ground, and falling to pieces.

He puffed out a puff of smoke: "Get out! ”

The reporter didn't dare to move inexplicably.

The power of one word is so much!

Zhao Chuanxin's inadvertently revealed the confidence and domineering spirit of a general who has not changed his face in the army, where is it still the waste material that Fritz Heinze saw at the beginning that was disliked by his wife?

It was murderous, baked with blood and fire, far from the soft cards that Fritz Heinze had piled up with money.

Sure enough, this bitch who pretends to be a pig and eats a tiger raised it!

Zhao Chuanxin flew the camera and smiled at Fritz Heinze: "Next time, remember, don't get together when you start a group, otherwise you will be set on fire." It's really lonely, there is no one on Wall Street who can fight! ”

With that, he draped his suit over his body, turned and left, the smoke of the cigar and the fog of Wall Street blending into one.

The reporter's eyes lit up, and he was not annoyed that the camera was knocked away, and he still remembered to take a pen and paper to record the information quickly.

In the back, Thomas M. W. Lawson stepped forward, took out his wallet from his arms, and threw a wad of bills into the reporter's hand: "Pay for your camera." ”

Fritz Heinze: "......"

And so it was!

He thought of Zhao Chuanxin's last sentence again: "Next time, remember, don't get together when you start the group, otherwise it will be easy to be ......set on fire."

Now, he feels that everything Zhao Chuanxin has said has a deep meaning.

Could it be said?

I blanched ......

Thinking of today's small-scale run on banks and trust companies related to him, Fritz Heinze's face changed dramatically!

If a small run turns into a big run, the consequences are unimaginable.

Suddenly, Fritz Heinze felt a sense of powerlessness and a deep fear of Zhao Chuanxin.

……

Hotel Waldorf.

Abraham Cohen waited anxiously at the gate, taking out his pocket watch from time to time to check the time.

It wasn't until he saw a starlight food truck coming from afar that he showed a smiling face.

The driver was driven by a woman whom Abraham Cohen knew was Rebecca Levy's neighbor.

The car stopped in front of the Waldorf Hotel, and Rebecca Levy's voice came out: "Wait, I'll change my clothes and come out." ”

In a moment, she wore the old dress that Zhao Chuanxin wore at the Holland Hotel last time, and carefully pulled her skirt out of the Xinghui dining car.

Even though the dress was old and the materials were not expensive, he still felt that his eyes lit up every time he saw it.

Moreover, Rebecca Levy today is not even wearing a hijab.

Her black hair was pulled up, leaving her radiant.

Abraham Cohen stepped forward cheerfully: "Rebecca." ”

He stretched out his arm for Rebecca Levi to pull.

However, Rebecca Levi just smiled and didn't stretch out her hand......

(End of chapter)