dognovel Chapter 194 In Less Than A Minute After The Market Opened, The Market Value Plummeted By 3 Billion!
Chapter 194 In Less Than A Minute After The Market Opened, The Market Value Plummeted By 3 Billion!
When Samsung urgently recalled mobile phones.
Lin Zhe, Liu Qiming and Ye Wenbo are ready.
At this time, they were in Liu Qiming's securities company.
"It's almost time to start."
Lin Zhe looked at the time and said to Ye Wenbo and Liu Qiming.
It is already 1:30 in the afternoon in China.
The time at Smecta is 2.30 pm!
There is an hour time difference between the two places.
At this point in time, Smecta's stock market is almost closing.
In the stock market at Smecta, the daily stock market trading hours are from 9 am to 3 pm.
In other words, the time left for Lin Zhe and the others was only half an hour.
"Okay, then let's start splitting up."
Liu Qiming chuckled.
"Haha, I can't wait to earn tens of billions from him."
Ye Wenbo also said excitedly.
They all know that if an order is successful.
Then there are tens of billions of soft sister coins in revenue.
Of course, it doesn't matter if you fail.
It's only about 1 billion US dollars.
Even if all of them are gone, there will be more than 6 billion soft girl coins.
Compared to the money Lin Zhe helped them earn before.
These more than 6 billion soft sister coins are not worth mentioning at all.
At present, Lin Zhe, Ye Wenbo and Liu Qiming are divided into three groups.
Started my own journey of shorting Samsung!
Each person invested $1 billion.
Under a leverage of 50 times, this 1 billion US dollars is equivalent to a purchasing power of 50 billion US dollars.
However, because it is a short sale!
Therefore, this 1 billion US dollars is equivalent to the margin.
Soon, under Lin Zhe's operation, 50 billion US dollars of funds immediately appeared in his foreign securities account.
The US$50 billion in funds were all funds he obtained after selling Samsung stocks he borrowed from securities companies.
Next, you only need to wait until Samsung's stock price plummets, then buy back the same number of shares and return them to the securities company.
The price difference in the middle is Lin Zhe's profit this time.
Lin Zhe is very familiar with such operations.
After all, this is what we did last time when we shorted Goose Factory.
After the operation was completed, Lin Zhe immediately looked at Ye Wenbo and Liu Qiming.
Found that they were almost done.
About ten seconds later, Ye Wenbo and Liu Qiming completed operation 23 almost simultaneously.
"Done!"
The two looked at each other, then looked at Lin Zhe
Next, we are waiting for Samsung's stock price to plummet tomorrow.
And such a huge amount of money is shorting Samsung!
There is no doubt that Samsung knew almost instantly that someone was shorting their stock.
"Axiba, what kind of bastard is it that adds insult to injury at this time?"
"Does he really think that Samsung is easy to bully?"
"You want to short Samsung and eat from us, it's a dream!'
Smecta, Samsung headquarters, the chairman of Samsung was pounding the table angrily.
Originally, he was overwhelmed by this new mobile phone.
The company lost billions of dollars in vain.
Because of this incident, their company's credibility may suffer a huge blow.
In addition, what he is most worried about is the company's stock price.
Once their company's stock price drops.
No matter how much it falls, it will be a huge loss for Samsung.
After all, Samsung's current market value is over US$300 billion.
Even if it falls by 1%, 3 billion US dollars will evaporate in an instant.
Thinking of this, the chairman of Samsung is going to have a big head.
But misfortunes never come singly!
At this time, he received news that someone wanted to short their company's stock price.
Moreover, the funds are very strong!
Judging from the information collected from various aspects.
Those who shorted their stocks had 3 billion U.S. dollars in real money!
If this is only 3 billion US dollars, then the chairman of Samsung will definitely not take it seriously.
However, the other party also opened 50 times the leverage.
This is great, 3 billion U.S. dollars immediately becomes 150 billion U.S. dollars in purchasing power.
This shit is half of Samsung's market value.
If Samsung's stock price falls tomorrow.
Then Samsung will be in big trouble.
"Chairman, we checked the information."
"A total of three waves of people are short-selling our stocks."
“Moreover, these three waves of people are all from China.
The secretary of Samsung Chairman reported the results of the investigation.
"From China?"
"Axiba, someone is taking revenge on us."
When the chairman of Samsung heard this, he immediately made a guess.
Before, it was his order not to recall mobile phones from China.
Anyway, in his opinion, people on the Chinese side don't need to apologize at all.
Such people are stupid and have too much money.
Even if you know you are being cheated.
As long as good mobile phones are produced in the future, they will still buy them.
Therefore, he didn't care about China's attitude at all.
"Chairman, what should we do next?"
Samsung secretary asked from the side.
For such a big matter, a decision must be made early.
Otherwise, if you leave it alone, it will definitely cause irreparable losses.
"In two hours, the shareholders' meeting will be held immediately."
"Wherever those shareholders are, they have to be there.
The chairman of Samsung just thought for a moment and made a decision.
There is such a large amount of funds short selling their stocks.
He had to treat it carefully.
No matter what, they must stabilize tomorrow's stock price.
Otherwise, Samsung will be in big trouble.
"Yes, Chairman."
"I'll contact other shareholders right away."
The Samsung secretary immediately nodded respectfully.
Then he exited the office and started contacting other shareholders.
After the secretary leaves.
The face of Samsung Chairman became sad.
This time, the other party is obviously coming in a menacing manner.
And their Samsung happened to encounter a bombing incident.
It can be said to be adding insult to injury.
If I had known this, I would have taken back Hua Guoliang's mobile phone.
Although it will still lose more than one billion US dollars.
But it's better than someone spending huge sums of money to short their Samsung stock.
This is an offensive and defensive battle involving hundreds of billions of dollars.
I don’t know if Samsung can minimize their losses.
Two hours later, Samsung officially held its shareholders' meeting.
All shareholders knew that someone was shorting their company's stock.
What Samsung Chairman means is that all shareholders will contribute funds together according to their shareholding ratio.
Stabilize tomorrow's stock price.
Many shareholders are hesitant about Samsung Chairman's proposal.
However, when they learned that the other party's initial capital was only 3 billion U.S. dollars, many people directly rejected the proposal of the chairman of the main star.
There is 50x leverage out there though.
However, as long as Samsung's stock price does not fall.
Then, these 3 billion US dollars are nothing to worry about.
Moreover, if the company's stock price can be increased slightly, it will be under 50 times leverage.
The other party's 3 billion U.S. dollars in security deposits may have been wasted in an instant.
And Smecta people have a common shortcoming.
That’s arrogance!
Even blind confidence.
These shareholders did not take this matter seriously at all.
In their eyes, Samsung is invincible.
How could the stock price fall if I haven’t seen you for a mere 3 billion?
Faced with the indifferent attitude of other shareholders.
The chairman of Samsung is so shameless.
These guys are too perfunctory.
Do you know that Samsung is currently on the cusp of a storm?
A little carelessness can cause huge losses.
However, these people are still so arrogant.
I feel that with Samsung’s strength, there is no chance that anything will happen.
This made Samsung Chairman feel helpless for a while.
In fact, he also understands that after all is said and done, these guys just don’t want to pay!
When you have the money in your pocket, who would want to take it out?
Moreover, you have to take out so much at once.
Many people are definitely not happy.
Subsequently, the shareholders' meeting ended hastily.
Because there were a large number of people who opposed it, Samsung's chairman ultimately failed to count on other shareholders changing their minds about investing money to rescue the market tomorrow.
In the blink of an eye, a night passed.
Early the next morning.
Lin Zhe did not go to the company, but watched Samsung's stock price at home.
And at around 7 o'clock in the morning.
Ye Wenbo and Liu Qiming also came to Lin Zhe's home.
Obviously, he wanted to watch Samsung's stock price with Lin Zhe.
By the way, let’s have breakfast together!
It was eight o'clock in the morning domestic time, and it was already nine o'clock in the morning in Smecta.
And this time is the opening time of Smecta.
So, when the domestic time comes to eight o'clock.
Lin Zhe and the three of them were closely watching Samsung's stock price.
Samsung's share price stabilized at a price equivalent to US$106 per share at the close of trading yesterday.
"It's falling, it's really starting to fall."
Not even a minute after the stock market opened, Samsung's share price fell from US$106 to US$105.
It fell directly, nearly 1% of the market value!
And this is just the beginning.
"Samsung, isn't there any action?"
"Didn't I say that the shareholders' meeting was held urgently yesterday?
Looking at Samsung's stock price, it has dropped nearly 1% of its market value.
Lin Zhe asked a little strangely.
Lin Zhe is also aware of some of Samsung's trends.
He knew very well that Samsung held a shareholders' meeting yesterday.
I originally thought that Samsung's stock price would be stable for a while at the beginning.
And then it falls again.
Unexpectedly, Samsung's stock price fell by nearly 1% of its market value in less than a minute after the market opened today.
This is really beyond Lin Zhe's expectation.
"Haha, the shareholders' meeting was indeed held."
“Even Samsung’s chairman is ready to use funds to rescue the market.”:
"However, not everyone in Samsung is so discerning."
"Some arrogant and selfish people are unwilling to spend money to stabilize Samsung's stock price.
"So, in the end, this plan came to an end."
As soon as Lin Zhe finished speaking, Liu Qiming explained with a smile.
Since I chose to short Samsung.
As a cautious person, how could Liu Qiming not pay attention to the situation at Samsung?
condition?
"Then the chairman of Samsung is probably going crazy at this moment."
When Lin Zhe heard this, he immediately said dumbfounded.
He really didn't expect that such a thing would happen at Samsung's shareholder meeting yesterday.
Sure enough, there is a group of people holding us back. No matter how shrewd the chairman of Samsung is, there is nothing he can do.
After all, the equity he holds is not enough to make Samsung a leader.
However, Lin Zhe can also see the internal contradictions within Samsung from here.
Lin Zhe was even guessing.
Is the quality issue with Samsung's mobile phones this time a result of some shareholders lining their pockets?
Thus using inferior batteries.
Otherwise, there is really no way to explain the bombing incident with other reasons.
"Haha, I bet he is absolutely mad at this time."
Ye Wenbo said with a smile.
Then the three of us began to chat freely.
"Look, Samsung's stock price has dropped another dollar."
Just as the three people were chatting about Samsung, they suddenly pointed at Samsung's stock price and said.
Ye Wenbo and Liu Qiming take a look!
Sure enough, Samsung's current share price has dropped from US$105 to US$104.
This is another drop of nearly 1%.
When Lin Zhe and the three of them were chatting and laughing.
Smecta, Samsung headquarters!
"Axiba, damn it, these damn guys."
"If they weren't selfish, how could the company's stock price drop so sharply?"
"How long has it been since the market opened? The stock price has already dropped by $2."
"If it continues to fall like this, the company will suffer huge losses."
The chairman of Samsung looked at his company's stock price, which fell from 106 US dollars to 104 US dollars.
I was suddenly panicked to death!
Although it seems to have only dropped by 2 US dollars to 297.
It doesn't seem like it's a big deal.
However, this 2 US dollar drop directly caused Samsung's market value to evaporate by 50 to 6 billion US dollars in an instant.
This loss is comparable to the loss of their mobile phones this time.
And most importantly, if not stopped.
God knows how far Samsung's stock price will fall today.
"Convene a video meeting of shareholders immediately."
The chairman of Samsung immediately yelled at his secretary.
Now, it is too late to bring these shareholders together for a meeting.
We can only hold video conferences.
"Yes, Chairman."
The secretary also knew that the matter had become extremely urgent.
Without any hesitation, all shareholders were contacted again.
"Wait, no need to contact me."
However, just when the secretary was about to contact other shareholders.
The chairman of Samsung suddenly stopped him.
Because, at this time, he had received a lot of news.
They are all sent by those shareholders.
The contents sent by these shareholders are roughly the same.
It all means the same thing.
That is, they are already on their way to the company.
You can get there in three to five minutes.
It's slow and only takes ten minutes.
Obviously, they all know that the company's stock price has dropped.
"Humph, it turns out that you also have times when you are in a hurry."
"These bastards!"
Seeing this information, the chairman of Samsung gritted his teeth and said.
If the shareholders' meeting was held yesterday, these shareholders would have listened to him.
If we raise funds together to stabilize the stock price.
I won’t be so flustered today!
But it's okay, although it's a bit late now.
But as long as enough is raised recently.
Samsung's stock price can still be saved.
Almost half an hour later.
All shareholders of Samsung raised US$3 billion and invested in the stock market, temporarily stabilizing Samsung's falling stock price.
Moreover, there is still a faint upward trend.
When Samsung took action to stabilize the stock price, their company's stock price had fallen below 103 US dollars, leaving only 102.98 US dollars per share.
But after investing this 3 billion US dollars.
The stock price, which originally fell below $103, has risen slightly.
From US$102.98, it rose back to US$103.05.
As the stock price rebounds!
The anxious hearts of Samsung's major shareholders have also been calmed down.
"Samsung has begun to rescue the market."
On the other side, I watched Samsung's stock price rise from US$102.98 to US$103.05.
Liu Qiming's expression changed!
"Xiao Zhe, what should we do now?"
"Continue to wait, or clear the stock directly?"
Ye Wenbo looked at Lin Zhe.
Waiting for his decision!
"It's okay, this recovery is only temporary."
Lin Zhe had already expected the rebound in Samsung's stock price.
Because, just now, Lao Lin had contacted him.
I told him the news that Samsung’s stock price would rebound and told him not to panic!
It is precisely because of receiving Lao Lin's message that Lin Zhe is as stable as a mountain!