On Wall Street, Tiger Management suddenly released a research report on the short position of the Centipede Fund, and at the same time announced that it would go all out to short the Centipede Fund.
This news was like a bomb detonating directly in the fund market.
Centipede Fund, which manages more than 30 billion U.S. dollars of funds, was shorted by Tiger Fund, and it mobilized so much funds to start killing Centipede Fund.
This is something no one thought of.
However, many fund managers reacted and immediately joined the ranks of killing Centipede Funds after reading Tiger Fund's bearish report.
Centipede Fund, established in 1992, is a fund that has been established and operated for decades. It has gradually developed from a small fund to a world-class medium-sized fund.
is one of more than two dozen mid-cap funds backing Dodge.
Gao Jin decided to start today.
Gao Jin thought very clearly that he was not ready, and Dodge was also not ready, since everyone was in the unprepared stage.
It’s better to strike first! I’ll eat up a few of your funds first and then I’ll talk about it.
By doing this, you can make a profit and increase your own strength. At the same time, it is also a big blow to the Dodge side.
This time, it was either a matter of not taking action, or once it was taken action, it would be swift and resolute. Not only was Woods raising funds to take action, but four other allies also took action together.
Strive to completely collapse the Centipede Fund in the shortest possible time.
To put it bluntly, it means throwing money at you to make it difficult for you to raise the funds to make a comeback. You have no other choice but to die.
Secretly, we have begun to notify the banking channels used by Centipede Fund. If you do not forcefully close your positions, you will also be attacked!
In just over twenty minutes, Centipede Fund could no longer hold on. Mayflower Bank had already sent a written notice to Centipede Fund. If Centipede Fund could not inject new funds before the margin was exhausted.
Mayflower Bank will forcefully close the position.
Centipede Fund CEO Dyson is already in dire straits at this moment. News has spread that Tiger Fund is taking the lead in blocking Centipede Fund, and several other mysterious funds are also following suit.
There is a lot of money on Wall Street, but if you want to raise money from Wall Street under such circumstances, it is already difficult to do so.
Dyson took out his phone and called Dodge. The purpose was the same. To get funds from Dodge, everyone knows that I support you. If you don't invest money in me, you, Dodge, will be treacherous!
In Dodge's office, "ding ding ding ding ding" the phone rang. Dodge glanced at the number and answered the call suppressing his anger.
"Dyson, what's going on?" Dodge asked.
"What's the matter? Don't you know something?"
"Dodge, I have reached a life-and-death moment now. The bank has informed me that if no new margin is credited, the position will be forcibly closed."
"I can't support it for a few more minutes. I need funds. I need you to invest funds to save me!"
Dyson's roaring voice came out, and Dodge was stunned. You can't hold on for a few more minutes, you have reached a moment of life and death, what happened?
"Dyson, what the hell did you tell me? Don't tell me anything else. I don't know what happened and how can I help you!" Dodge was also very upset and yelled this directly.
"Fake, your whole family!"
"You don't know what's going on. Are you not on Wall Street? My Centipede Fund is being besieged by Tiger Fund and several other forces."
"They know that I support you, and the purpose of attacking me is very clear. You must allocate funds to me immediately. I can't bear it anymore."
Dyson cursed and told the story again, and there was a "boom" in Dodge's mind, and he had an idea in his mind.
Take action!
Gao Jin has already started taking action!
Dodge suddenly regained consciousness and immediately said to the phone, "Dyson, you must hold still. I will make arrangements immediately. I will call Mayflower Bank!"
"Hurry up, my funds are being consumed every second." Dyson said and hung up the phone.
Dodge couldn't care about anything else at the moment. He turned around and walked towards his desk. As soon as he took a step, his face changed color, and his white skin began to turn into red skin.
He immediately turned around and walked towards the door again. When he got outside, he immediately occupied an employee's desk, asked everyone else to leave, and started to restart the computer.
You must enter your account number and password every time you restart your computer. As long as you enter your account number and password, you can link to the company's database, gain permission, and directly transfer funds.
Soon, the computer restarted. Enter your account number and password and wait for it to boot.
At this time, Dodge took out his cell phone and called up the number of Bernard, the president of Mayflower Bank, and called him. Soon, the call was connected.
"Dodge, what's going on?" Bernard's calm voice appeared as always.
Bernard is very clear about what is going on outside now, but he doesn't intend to get involved, as can be seen from Tiger Fund's attack on Centipede Fund this time.
Gao Jin's side is not without any strength to fight back.
Gao Jin also has allies on Wall Street. This is a battle on Wall Street. Although Mayflower Bank is not a small company, it cannot participate in it.
"Bernard, how long can the Centipede Fund's margin be sustained?" Dodge asked immediately.
"Wait a moment and let me take a look." After Bernard said that, he turned on his computer and started watching. He pulled up the Centipede Fund data and took a look, then narrowed his eyes.
"Dodge, I'm sorry, Centipede Fund has hit the forced liquidation line, and now the system has begun forced liquidation!"
Bernard said this with a helpless tone, but he was very shocked in his heart. He originally thought that the funds of the Centipede Fund could last for half an hour.
You know, it was all consumed in just about ten minutes, and not a penny of Centipede's funds was put in. The system automatically closed the position, and you couldn't stop it.
Once he uses his authority to block it, and if something happens, Bernard will need to compensate himself.
Bernard would definitely not do such a stupid thing. No matter how good his relationship with Dodge was, Bernard would never do it.
"Bernard, listen to me, I know you have the authority to terminate system operations." Dodge began to persuade.
"NO"
"Dodge, I can't do this. If I do this, not only will I have to lose money, but I will also face the risk of serving more than ten years in prison."
"Even if you help me, Tiger Fund and other forces will not let me go. The only thing I can do is follow the rules."
"I will not be involved in the matters between you, and neither will our Mayflower Bank!"
After Bernard said this, he hung up the phone, raised his hand and pressed a button on the table. Soon, the secretary opened the door and came in.
"Inform us immediately and follow the procedures for the Centipede Fund. Remember, you must follow the procedures and be quick!"
"Understand?"
Bernard looked at the secretary and said these words. The secretary knew what was going on and everything was in accordance with the rules.
"I understand, I will execute it immediately." After the secretary said this, he turned and left, and Bernard breathed a sigh of relief.
On the other side, Dodge heard the beep beep disconnection sound coming from the phone, raised his hand and threw the phone away, sitting there alone and panting angrily.
After a while, Dodge calmed down. He was no longer lucky. At this moment, he had to keep in touch with everyone in order to deal with Gao Jin's offensive.
"Eileen, have someone restore my office computer immediately and bring me a Starlight mobile phone."
"Nonsence"
"Forget it, just get the Starlight phone."
Dodge said this with a gloomy face. Just as he was speaking, he remembered that the Starlight Mobile Phone was a product of the Xingling Group, and he instinctively wanted to give up.
But now I have no choice. The only mobile phone using artificial intelligence technology on the market is the Starlight phone, so I can only bite the bullet and continue to use it.
Using more Starlight mobile phones is equivalent to making more contributions to the Starling Group.
It's strange that Dodge feels comfortable.
Outside the world, news spread that Mayflower Bank had forced liquidation of Centipede Fund positions. Centipede Fund completely collapsed, and more people joined the camp to bite Centipede Fund.
An international medium-sized fund did not last even an hour from being attacked to being completely dead. This was the first time such a tragic situation occurred.
Before everyone could take a breath from this incident, the Southern Financial Group suddenly issued a report on shorting the PNN Fund, and at the same time announced that it had begun shorting the PNN Fund.
This news broke out and once again caused shock on Wall Street, because PNN Fund, like Centipede Fund, is an international mid-sized fund with more than 20 billion US dollars in funds under its management.
After the news broke, savvy traders already knew what they should do, and immediately used their authority to start shorting the PNN fund.
Soon, two Wall Street forces and four powerful forces joined in, and the foreign exchange market began to dial.
The main position of PNN Fund is in the foreign exchange market. Only by attacking the foreign exchange market can the PNN Fund be severely hit. These forces will not take action.
As soon as you take action, go straight to the opponent's vital point and use Fenghou's sword!
In the outside world, the Australian dollar began to rise without warning. However, the rising trend was very fast, and even if funds continued to sell the Australian dollar, it could not suppress it.
PNN's important position is to short the Australian dollar. Due to the continuous decline in Australia's trade in the past two years, the currency has begun to depreciate.
So far, the PNN Fund has made no less than $4 billion in profits in this regard.
Well, now, in just ten minutes, as the Australian dollar began to appreciate, all the profits of the PNN fund disappeared, and there was also a loss.
The reserve funds within the fund are being consumed crazily.
PNN Fund CEO Neil has already started calling Dodge. The current situation is obvious, and Gao Jin has begun to attack.
One Centipede Fund has already collapsed. If PNN Fund continues to collapse, it is estimated that many funds will die and leave the Dodge camp.
The PNN fund uses the Deka Bank channel. It has been notified by Deka Bank that the reserve fund is running out. If no funds come in before the reserve fund is exhausted.
Deka Bank will forcefully close the position in accordance with the agreement!