Chapter 351 Hunter
For the "leeks" of Nasdaq, today is also a day that they will live for a long time and witness history.
Following Creamer's attack on Double Click, the short-selling investors who wanted to short-sell Double Click's stock price watched helplessly as Double Click's stock price was hit by hundreds of millions of dollars.
Knife, then fifteen, twenty dollars...
But the double-click stock price, at this point, is just like taking a certain drug recently developed by Pfizer, which is intended for use in heart disease. It is not too fierce.
The stock price of twenty dollars has reached a record high since Double Click's listing, but now there is still no sign of braking. It continues to rise abruptly, easily raising the stock price to twenty-five dollars, towards thirty dollars.
The sword reaches the mark and the sprint begins.
The trading floor of Nasdaq was completely silent at the moment. A reporter from the media took a photo. It was a photo of Nasdaq traders and investors standing in front of the big screen and looking up at the big screen in stunned silence.
Double Click is leading the entire Nasdaq at the moment. Everyone has seen that Double Click's major shareholders or institutions that have invested in Double Click's stocks are protecting the market. It can directly drive the stock price to this point, which is beyond everyone's expectations.
"Double-click's market capitalization exceeded the US$4.5 billion mark, Nasdaq opened, Double-click's capital inflow exceeded US$400 million in a single hour, and its outflow exceeded US$300 million!"
Yahoo Finance's latest website sends news to users in real time. In just one hour, Double Click's stock trading volume exceeded 700 million US dollars. You must know that before the opening, the entire Double Click company's market value was only 600 million.
Duomei Dao, in this hour, all the outstanding shares of Double Click Company were bought and sold several times!
With a stock price of US$30, Double Click's stock price increased eightfold within an hour, and its market value soared to US$4.5 billion, reaching the same market value as Yahoo!
The entire Wall Street media went crazy. The expected double-click defeat did not happen. Instead, they tried to blow up the short sellers and drove up the stock price like crazy.
At this time, the small and medium-sized Wall Street institutions that were short Double Click had begun to liquidate their positions, especially those short sellers with high leverage. When Double Click's stock price rose to ten dollars, they began to liquidate their positions, and even the brokerage firms had not had time to do so.
Forced liquidation for them, and the account was directly destroyed!
"Mr. Stephen, you need to pay the deposit immediately. We will forcefully liquidate your account!"
Stephen, who was enjoying breakfast leisurely and recalling the taste of the little model last night, suddenly received a call from his account broker. The account manager who had been respectful to him in the past two days on the phone yelled at him irritably.
"What do you mean?" Stephen, who had not yet recovered from his thoughts, asked blankly into the phone.
Stephen is a professional investor. After he made his first pot of gold a few years ago, he started investing professionally. Although he is not as good as those top investors on Wall Street, the market conditions in the past few years have allowed Stephen to earn a lot. Compared with
He used to work and earn a lot more.
Especially recently, under the influence of Creamer, he has also begun to short Double Click Company. After all, there are not many opportunities to "make money" like this.
Double-clicking on short selling has indeed made Stephen hundreds of thousands of dollars. What he has earned in the past few days is more than what he earned in the whole of last year. The little model last night was Stephen's reward for himself.
He feels that after doing this, he can afford to be wild every day in the second half of the year.
After Creamer shouted, Stephen naturally continued to increase leverage and shorted Double Click. Before Creamer left the market without shouting, Stephen had no intention of clearing his position. Stephen regarded Creamer as his spiritual leader and his idol. Would he lie to himself?
Moreover, Stephen heard rumors that Creamer had already made hundreds of millions of dollars this time, so he would not deceive small investors like him.
Now he suddenly heard a call from the securities company, which made Stephen a little confused. Then he came over anyway and said, "Wait a minute, you want to liquidate your account, which damn stock is it? I can transfer the margin to you..."
"Oh My God!"
Through the phone, Stephen heard a burst of confusion from the account manager, and then a wailing sound.
After a while, the voice of the account manager came again on the phone, "Mr. Stephen, I want to inform you of the unfortunate news. Your account has been forcibly liquidated. In addition... you need to pay off the two hundred and sixty-six yuan you owe our company."
One hundred thousand U.S. dollars. Our company’s legal department will call you later. We hope you can cooperate, otherwise we will sue you in the local court..."
"boom"
The latest Motorola mobile phone fell to the ground. Stephen didn't notice it at all. He only felt a "buzzing" in his head, and then he couldn't think of anything.
The nearly one million U.S. dollars in his account are gone, and he still owes nearly three million U.S. dollars to Wall Street brokers?
Standing up suddenly, overturning the table to the ground, Stephen rushed into the study like crazy. After turning on his Bloomberg machine, he immediately entered the double-clicked securities number. He only glanced at Stephen and sat down on the ground, feeling
The world was spinning, and there was only one thought in my mind, "It's all over!"
I saw the stock price double-clicked on the Bloomberg machine. It had soared to a price of forty dollars at this moment, and it couldn't stop, it was going up like crazy!
The busiest ones at this time are the major securities firms on Wall Street. At this moment, traders and account managers are also calling customers like crazy, asking them to pay margins. They can see that they are shorting and double-clicking on the company's customer account.
Just like fixed-point blasting, positions began to be liquidated one by one.
The speed was so fast that even the Wall Street institutions, not to mention those little leeks, didn’t react. Who knew Double Click was so unethical? In one morning, Double Click had an inflow of more than $500 million!
Inside Creamer Hedge Fund, there was silence at the moment. The operators and traders in the company were all sitting in the office in shock, looking at the straight line stock price that was double-clicked on the screen.
No one knows how much money Creamer Hedge Fund lost this morning, whether it was US$100 million, US$300 million or US$500 million. They only know that the margin calls from several major Wall Street brokerages alone exceeded US$100 million.
!
"Director Creamer, Morgan, Lehman Brothers, Bear Stearns and several other major investment banks on Wall Street have all called us and asked us to continue to increase the margin. In addition, the president of Bear Stearns wants to speak to you personally!" Creamer
When his assistant ran in, he saw Creamer with red eyes.
At this moment, Creamer was staring at the screen in front of him, his eyes bloodshot.
"impossible!"
"How dare they!"
Creamer panted heavily, and when he looked at his assistant, his eyes were so selective that the assistant couldn't help but take a step back.
"Call the investment banks and banks on Wall Street. I need a higher limit and more dollars. We can't admit defeat. The double-click stock price is definitely not worth forty dollars, not even ten dollars!"
Creamer roared loudly. At this time, he was like a gambler at the gambling table. It was impossible to admit defeat. To admit defeat at this time would be to lose everything. There were only two endings waiting for him. The first one was to go to federal prison and live an ignoble life.
The alternative to being shot to death by investors is to jump off the Golden Gate Bridge just like the founder of Victoria's Secret.
Creamer doesn't want either outcome. He wants to fight again. As long as he drops Double Click's stock price, he can still win!
"Double Click's stock price is seriously inflated and not worth 40 US dollars at all. 10 US dollars is the destination of Double Click!"
In a phone interview with the Wall Street Journal before Nasdaq opened at noon, Creamer used a hoarse voice to accuse Double Click of manipulating the stock price. He believed that Double Click was not worth the $40 stock price and could not afford to support 69
With a market value of US$100 million, investors are encouraged to continue short selling and double-click the stock price!
The price of forty dollars does seem a bit high. This time it really made many big Wall Street institutions feel that it was time to take action to kill the stock price.
At this time, the media finally discovered that it was KKR Group and Deutsche Bank Investment Bank who jointly raised Double Click's stock price this time, and they understood who was behind the wheel this time.
At the Goldman Sachs headquarters, Paulson was also looking at today's double-click stock price. It was so lively that it was hard not to pay attention.
Paulson didn't expect that when he double-clicked there, he actually held back such a big move. This was a rhythm that was going to kill all the short sellers on Wall Street. Paulson was also a little lucky that Goldman Sachs didn't enter the game at the beginning, otherwise this would have happened.
I'm afraid there may be some trouble.
Looking at Double Click's stock price of $40, Paulson wondered whether Goldman Sachs should go fishing in troubled waters. At this time, if Goldman Sachs stopped, it would definitely kill Double Click's stock price.
At this time, Paulson's confidant Pellegrini hurried into Paulson's office and placed a document in front of Paulson.
"It was a complete massacre!"
Pellegrini wiped the cold sweat from his forehead and said to Paulson, "Double-click the current short-selling rate of the stock, reaching 150%!"
Generally, the short-selling rate of a stock reaches 40%, which is a bit outrageous. This time, Double-Click's short-selling rate has reached an astonishing 150%. Even if all Double-Click's outstanding shares are bought, it will not be enough to close the position.
of.
"I suspect that Double Click has now joined forces with KKR and Deutsche Bank Investment Bank to buy all the outstanding shares of Double Click!" Pellegrini said his judgment to Paulson.
Paulson looked at the document in his hand, not knowing what was going on. He felt that Song Yang was going to kill him this time.
Looking at the short-selling rate of Double Tap, Paulson showed the smile of a ferocious beast smelling its prey. He knew that there was already a prey around him, so how could he not kill the killer and kill him?
"Goldman Sachs is also entering the market, buying double-click long orders, no matter the cost!" Paulson said to Pellegrini.
After the market opened in the afternoon, Creamer's words seemed to have an effect. In addition, other Wall Street institutions saw short-selling opportunities and began to exit the market. Double Click's stock price began to dive again.
When he saw this scene, Creamer, who was already going crazy, finally breathed a sigh of relief. He felt that he had won the bet.
Seeing double-clicking the stock price, it dropped from forty US dollars to thirty US dollars, and then dropped to twenty-five US dollars. Short orders continued to accumulate, and Creamer had a smile on his face.
But at this moment, Creamer's smile froze on his face. With less than half an hour until the closing, Double Click's stock price suddenly soared again, even more fiercely than when it opened. From more than 20 US dollars, it went directly to 50 US dollars.
Chapter completed!