Tony now has the urge to sell all his shares in Anloni Leather Goods. You guys are so rich. I can't compete with you. I might as well sell the company to you.
Ten US dollars per share means that the market value of Androni Leather Goods is US$500 million. Is this still the leather goods company that the Masardino family has worked hard to run for generations?
However, reason told Tony that Anloni Leather Goods really couldn't let go. Even if the stock price more than doubled, it was just more cash, so what?
The Masardino family has a long history. There are more than 400 direct members of the family, and there are even more non-direct members. There are also those who rely on them for life. The total number is even less than 10,000, but 8,000.
I don’t know how many people in the family work in Anroni or related companies. Once the controlling rights are gone, the jobs of so many people in the family will not be saved, and the extra money from the sale can support everyone to live a few more days.
Contrary to Tony's gloomy situation, Laurson's side is extremely comfortable. Today's strong pull-up was naturally planned by Sun Dahai in advance, just waiting for Tony's stock lending operation.
Laurson had already completed the work of collecting chips, but instead of entering the pull-up stage, he kept shaking his position, which was consuming the chips in Tony's hands and forcing him to borrow stocks to operate.
Otherwise, Sun Dahai's revenge plan was so ruthless that he even considered that the Masardino family might borrow stocks to stop it.
It's impossible not to borrow. The bulls are wandering around the blocking position all day long. Sooner or later, they will boost the popularity and hit the short sellers' defense line. By then, I'm afraid the Masardino family won't be able to block it even if they want to.
If the bulls gather enough chips and announce a board meeting to replace the chairman, it will be too late to do anything.
Therefore, the Masardino family is now borrowing stocks to suppress the situation. While ensuring that the stocks in their hands do not move, it consumes the funds of the long parties and makes them unable to increase the stock price. This is a simple and easy method.
However, the Masardino family did not know how powerful their opponent was. Treating Sun Dahai in this relatively conventional way was tantamount to adding another trap to themselves.
Securities lending business, that is, borrowing stocks, is a short-selling method in the stock market. Investors borrow a certain amount of stocks from securities firms or large investors who own the stocks, sell them first, and buy the same amount before the agreed time limit.
The shares are returned and dividends paid.
Sun Dahai was very confident. He not only judged that the other party would definitely use securities lending to deal with it, but also asserted that the scale of the other party's securities lending would not be small, at least more than 5%.
Therefore, according to Sun Dahai's plan, after Laursen collected enough chips, he continued to provoke the short side's defense line, forcing them to take action.
Every day, Laursen and the others were counting the number of selling orders, waiting for a sudden increase in selling orders.
Sure enough, the selling order last week was obviously amplified. On Thursday and Friday, Laursen showed weakness several times and found that his opponent was unable to attack, so he concluded that the opponent had sold out the borrowed chips, so he started to pull the price at the opening of the market this Monday.
Lift.
Sun Dahai planned very carefully. He knew that the world's major stock markets are now recognized as being in a bull market adjustment period. This adjustment may end at any time and the market will continue to rise.
At this time, short selling (securities lending) must be short-term and fast, otherwise if the market continues to rise and stocks generally rise, short-sellers will face huge losses.
Therefore, Sun Dahai believes that the time limit for borrowing stocks by the Masardino family will never be long. It is unlikely that it will be half a year or three months. In all likelihood, it will be one month as the shortest time limit. And in this way, their dividend burden will be reduced.
It is also the lightest.
Therefore, Sun Dahai decided to give them the opportunity to borrow securities, and after they completed the securities lending, Laurson and the others would enter the promotion stage to trick them more.
No, the Masardino family took the initiative and took the trap themselves, just as Sun Dahai planned. The 10% of the stocks they borrowed, 5 million shares, were sold last week at an average price of about 8.2 yuan.
Now that Laurson has raised the stock price to 10 yuan, based on the current price, their securities lending business has already lost $9 million, not counting transaction fees and the dividends they have to bear.
Is ten yuan the target level for bulls? Of course not! As the stock price easily crossed the ten yuan mark, some speculators who opened positions near eight yuan last week have already begun to place orders and run away.
However, the popularity of Androni leather goods was extremely high at this time. Before Laursen could take action, these selling orders had already been eaten up by the buyers who entered the market later. Even Laursen quietly reduced his position by one percentage point, and all of them were also bought by the buyers.
Accepted it.
At the close, the stock price finally stayed at 10.50. This was the first time the closing price of Anroni Leather Goods was above ten yuan since its listing. Unfortunately, Tony had no intention of celebrating.
"Pa", when Tony returned home, he smashed his beloved crystal ashtray. He was really depressed. The changes in the stock price of Anloni leather goods seemed to be deliberately against him, which made him extremely angry.
.
After the market closed today, Tony scolded those experts who only knew how to collect money and did nothing, and ordered them to make a new plan before the market opened tomorrow.
Since the stock trend today was far beyond their expectations, Tony sat idle all day.
Except for the call auction before the opening of the market, when he made a bid but had no transaction, he did not perform any operations for a day.
It was better to accept Juan's conditions at that time! Tony really regretted it. Now that he thinks about Juan's conditions, they are actually quite good. Even though the Masardino family will suffer some losses, they are still much better than they are now.
They are facing losses of more than tens of millions of dollars in securities lending alone. What's more, if things continue to develop like this, whether the controlling rights of Anroni Leather Goods can be firmly in the hands of the Masardino family has become a big problem.
In the next few days, Tony became the majority owner of Anroni Leather Goods. In order to retain his controlling stake, he could only grit his teeth and bear these losses.
It's just that those speculative funds that were eager to escape all left the market after the stock price hit 10 yuan on Monday, and the remaining investors were not very interested in selling at this price.
Many of them only opened positions with more than 10 yuan, and there is no profit in selling now. Moreover, many people are betting that the South American company's backdoor transaction will be successful and the stock price will skyrocket. Therefore, the reluctance to sell now is quite obvious.
Moreover, there is a troublemaker in the market. How can Laursen allow Tony to open a position with shock? I don't care if you raise the price and open a position. You want to receive the goods at a low price. Have you asked me?
So when Tony suppressed the stock price, Laursen took the chips, and when Tony raised the stock price, Laursen shipped the goods. It was a joy to sit in the sedan chair and make a small profit every day.
For this reason, Tony paid a lot of extra costs, and the work of collecting chips was always stumbling and very unsatisfactory.