Rebirth 79: I opened a bank in the United States
Chapter 34 Shorting Begins
In the blink of an eye, another day passed.
Carter woke up early today. After hastily finishing breakfast, he arrived at Kidder Company at half past eight. What surprised Carter was that Julian arrived earlier than him.
After the two met in Julian's office, they were a little embarrassed for a while...
"Morning~ Why did you come so early?"
"I should be asking you this question, right? I arrive at the company at eight o'clock every day, not just today."
Julian looked at Carter angrily and amusedly. He guessed that Carter might come earlier today, but he didn't expect it to be so early.
"Are you really so nervous? There's still an hour before the market opens. Didn't we communicate the plan before?"
"A plan is a plan. How can you not worry if you really throw millions into it? I am not like you, holding hundreds of millions of funds in my hands every day. I am a small family, afraid of risks, in case something goes wrong.
, but it will be irreversible~"
"Haha, you really think highly of me. I want to control the flow of hundreds of millions of funds. Will I still stay here?"
"Oh? Do you want to change jobs?"
"To be precise, it's not job hopping. It's boring to work for others all the time. I've been working for more than 20 years. It's a lie to say I don't want to be my own boss. But this is all in the future, so I'd better do it first.
Take it now. Don’t worry, I’ll keep an eye on the market for you.”
After chatting awkwardly for a while, the two of them were busy with their own affairs. Besides Carter, Julian had other clients to be responsible for, but Carter was more boring now. Fortunately, Julian's
The most indispensable thing in the office is financial books.
No matter how much you can understand, it is a good choice to pass the time. Just like this, until the exchange opened, the short-selling operation against Vickers and several other companies officially began.
Carter thought this would be a vigorous financial war, but found that he seemed to have thought too much. Ten minutes after the market opened, the first batch of 6,000 shares was thrown into the market, and within half an hour, they were all robbed.
The number of low-priced stocks at US$3.42 per share is not large. It can be said that there is not even a splash, and it is just as easy as when I borrowed shares before.
Half an hour later, another 10,000 shares of Vickers shares were sold in the second batch. It was also sold out in half an hour, no, this time it didn't even take half an hour.
As time goes by, the trading volume on the New York Stock Exchange is also increasing rapidly. These ten thousand shares are also like sinking into the ocean without any ripples. And with the increase in trading volume, the stock price was briefly pushed up by one level.
Diandian, although it is only $0.02 from Weibo...
"Did you see it? Are you relieved now?"
After the initial 16,000 shares were sold, Julian looked at Carter with a smile. While making coffee, he joked:
"We plan to sell about 40,000 to 60,000 shares today. It won't be too much in the first few days. Basically, there is no problem. In fact, you don't need to come at all. On the trading day next week, we will slowly sell the shares.
After about half of the time, efforts will be made to lower the stock price. At that time, the transaction speed will not be too fast, and we need to keep an eye on the timing of closing and take action at any time."
Julian took a sip of the freshly brewed coffee and concluded:
"As for now, you can just go and play wherever you want like the last two days!"
"I'd better wait and see."
Although it was extremely boring, Carter had to hold back his boredom as it related to whether he would be a young club model or work in the sea in the future. And he held it in until three o'clock in the afternoon, near the closing time of the New York Stock Exchange, when Carter couldn't bear to leave.
go.
Because the New York Stock Exchange did not close trading at noon, Carter did not eat lunch until now. So he found a restaurant nearby, and while eating, Carter summarized the gains of the day.
In addition to the 54,000 shares sold by Vickers, the other three companies also sold a total of more than 40,000 shares. This was considered to have cleared one-twentieth of their own stocks. The average selling price was around US$3.5, but this would
But there is no profit at all.
Selling stocks is only the first step. How much you can earn depends on how much the last big sale can bring down the stock price. Other than that, I am probably just reading a book for a day to enrich my mind.
It’s hard to say how much richer it is, but Carter has been very rich for a while. Finally, the time has come for the next round of trading. Up to now, Carter has sold about half of his shares, and he still has more in his hands.
Vickers has 300,000 outstanding shares, and the other three companies have about 200,000 shares each, totaling about 900,000 shares. The funds from the previous sales of shares have also accumulated in Julian's account to about 4.2 million...
Success or failure depends on this!
"Are you ready? It is now 10:30 in the morning, one of the times with the largest trading volume on the New York Stock Exchange, and it is also the most suitable time to exert force."
Julian looked at the nervous Carter, his expression still calm and calm. It was as if what he was about to do was go to the supermarket and sell a cabbage...
"Well, let's get started! List all the shares in our hands!"
If you lose the bounty continuously, you will finally be able to harvest. Now, it is the time for bounty hunter Carter to harvest. If the harvest is successful, everyone is happy. If the harvest fails, Lao Ba will leave...
After obtaining Carter's authorization, Julian immediately contacted the traders at the exchange and put all the stocks in Carter's stock account up for sale.
Stocks on the New York Stock Exchange are divided into one lot of one hundred shares, and the minimum unit of trading is also one lot. So the largest number of Vickers companies is 300,000 shares, which is only 3,000 lots. It may not sound like much, but these 3,000 lots
As soon as the stock was listed, it immediately attracted the attention of the market.
"Hey! Burke, something big happened! You bought shares of Vickers two days ago, right?"
"Yeah, what's wrong?"
"Oh my god, how much did you buy, my old brother? Come to the exchange quickly. Three thousand lots of Vickers stocks were sold just now. I'm afraid the stock in your hand is going to fall!"
"What? Three thousand lots or three thousand shares?? Facker, are you kidding me? Yesterday it went up...Stop talking, I'll come right away! I just bought twenty lots.
..."
Similar conversations spread wildly on the exchange, and soon people from Vickers also noticed anomalies in the stock market. The 2.2 million circulating shares of Vickers accounted for 40% of the company's total share capital.
. And the 300,000 shares accounted for 13% of the outstanding shares. In other words, someone has now sold a full 5.2% of their company's shares.
This is no small matter! If 5.2% of the shares are taken by other shareholders, they may immediately become the main shareholders. After learning the news, Duba Vickers, the chairman of Vickers Company, was so angry that he cursed in the office and called an emergency
The company's finances were called in to figure out whether the company's cash could save the situation...
Just when Vickers Company and retail investors were stunned by this move, other financial institutions that had smelled the smell, or simply the heads of financial institutions who had known that Kidder Company was going to cause trouble, all smiled meaningfully:
"Go! Add fire to the fire and list the shares of Vickers in our hands! No, wait, don't be impatient, wait an hour and see what happens. From now on, keep an eye on Vickers at all times.
Stock movement.”
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