The 203 victory! The Indian giant admits to kneeling!(1/2)
Next, Wang Guanxi asked again: "Have the lawyer sent to the Indian Industrial Credit Investment Bank?"
In order to borrow 10 million more shares of Fannie Mae from the Indian Industrial Credit Investment Bank to short it.
So Wang Guanxi mortgaged the Black Shirt Insurance Company and the Black Shirt Investment Bank to the Indian Industrial Credit Investment Bank.
Now it is time to get back the mortgage contract of Blackshirt Insurance Company and Blackshirt Investment Bank.
Anyway, after closing the position tonight, all the stocks will be returned to the Indian Industrial Credit Investment Bank, and the contract to mortgage the equity will naturally be terminated.
Although the black shirt hedge fund has not closed its position yet, the lawyer can go over and prepare first.
ceo Huang Shaokai hurriedly said: "Boss, lawyer Yin Feihong, executive director of Black Shirt Legal Company, has passed."
Currently, Blackshirt Legal Company has many lawyers, all of whom serve as directors, and there are many ordinary lawyers below. Now the scale is getting bigger and bigger.
"Well, it's good." Wang Guanxi couldn't help but sneer when he thought of Sandep Batra, the president of the Asia-Pacific of India's Industrial Credit Investment Bank, and tried to take away the Blackshirt Insurance Company and the Blackshirt Investment Bank.
You deserve it too?
If it weren't for borrowing 10 million more shares of Fannie Mae's stock to short and make more money, Wang Guanxi wouldn't be too lazy to be that guy.
Time is lost every minute.
Fannie Mae and Freddie Mae, two world's top 500 giants, are the largest mortgage giants in the United States. After the US government announced its takeover, the stock market was sold off at the opening, and its stock continued to fall from $1.80 per share.
In just 5 minutes, the stock price fell to $1.10 per share!
It's simply terrible!
Many bulls have collapsed in their hearts and their stock prices have fallen to this point. Many investment institutions holding Fannie Mai’s stock have stopped closing their positions.
If this continues to sell, the stock price falls below the 1.10 position, it will become worthless. They also believe that the shorts will close their positions.
Among them, Meisheng Group temporarily stopped selling. It was not that they stopped selling, but that they wanted to slow down and let the shorts close their positions. The stock price rose slightly and they closed their positions again.
At this moment, Meisheng Group, President, Bill Miller, looked at Fannie Mae's stock price trend chart and sighed.
This time, Meisheng Group suffered heavy losses in Fannie Mai. Fortunately, he has not used funds to continue to increase his holdings in Fannie Mai's stock these days.
At this time a news appeared.
Wall Street Journal: [Meisen Group's heavy holdings in Fang Limei lost more than billions of dollars]
This was bad. The stock price of Meisheng Group was immediately sold by investors, and it began to fall from a stock of $47.
This time, the US government took over the mortgage loan companies of Fannie Mae and Freddie Mae. The global stock market is rising, and the stock prices of many listed companies are rising. Only the stock prices of Meisheng Group began to turn around and fall, which really made Bill Miller angry.
“Fuck!”
He punched the wall hard.
No one likes the company's stock price falling. Under such a good rescue mode, the stock price of Meisheng Group fell, and the stock price is really not optimistic.
He knew that the person who made this news must have wanted to start his company. He secretly speculated that there was a shorting of Fangli Mi’s financial institution to short him, Fanli Mi’s major shareholder!
"Is there really an institution targeting Meisheng Group?"
He thought about the financial institutions that might short Meisheng Group.
At this time, the assistant hurriedly walked up and said, "Mr. Miller, it should be a trader under Goldman Sachs Bank shorting our company's stock."
"Rumored that they shorted most of the stocks related to the real estate industry, Fannie Mae and Freddie Mae have also been shorted. We are the major shareholders of Fannie Mae. Some of their traders may also short our company's stocks."
The shares of Fannie Mae bought by Meisheng Group this time were purchased by self-operated funds, so that after Meisheng Group became the major shareholder of Fannie Mae, it would make huge profits in the future.
Unexpectedly, the US government took over Fannie Mai in this way, taking away all profits through high-priority stocks, causing heavy losses to ordinary shareholders, resulting in a big fall in Meisheng Group.
Although Meisheng Group manages many assets, they are customer assets, and this time the self-operated assets they accumulate themselves have suffered heavy losses in Fannie Mai.
Fortunately, financial stocks and bank stocks are rising sharply today. Among the private assets of Meisheng Group, there are Bank of America and Citibank stocks, which make a lot of profits on the books, slightly offsetting the losses on Fannie Mai stock.
But some institutions have set their sights on Meisheng Group, which may be a trader at Goldman Sachs Bank.
I guess I started shorting in secret early.
"Damn Goldman Sachs!"
Bill Miller's chest was slightly undulating, and he was targeted by Goldman Sachs traders. That was really not a good thing.
Especially when he holds a large number of shares of Meisheng Group, the share price of Meisheng Group fell, and his value shrank.
The most important thing is that he mortgaged some of his shares in Meisheng Group to Bank of America, and then invested in a very profitable project.
If the stock price of Meisheng Group is shorted by Goldman Sachs Bank, causing the stock price to plummet, and it pledges the equity of Bank of America, it will be dangerous.
Bi Fang said that the major shareholder of the listed company mortgaged 100 million shares to the bank for a price of US$10, worth US$1 billion in stock assets, and obtained a loan of US$600 million, with the mortgage price being US$10 per share.
If the stock price falls to $6 per share, or $5 per share, then the bank will come to urge money.
Because when the stock price fell to $6 per share, these 100 million shares were only worth $600 million.
When it falls to $5 per share, it is only worth $500 million. After the bank forces the stock to close the position, the losses caused by the losses caused by the major shareholder will be paid for.
This Goldman Sachs Bank made him hate it.
··
At this moment, Sandep Batra and Nehru, the Asia-Pacific headquarters of the Indian Industrial Credit Investment Bank, were pale and neither of them closed their positions.
Because it cannot be flat, there are selling orders in the market and everyone is selling, and they are heartbroken and numb.
Indian Industrial Credit Investment Bank holds 50 million shares of Fannie Mae, which has been bought a long time ago, with a cost price of around $10.00 per share.
At that time, it spent $500 million, but now the stock price has fallen to $1.1 per share. The floating loss on the books continues to increase. Now 50 million shares are only worth $55 million, and the loss is $445 million, which really makes Sandep Batra so angry.
"Oh, how can I close the position?"
"The stock price has fallen to $1.1 per share, is it his!"
The 50 million shares were lent to the Blackshirt Insurance Company to short. They had to wait until the Blackshirt Insurance Company closed the position and return the 50 million shares to the Indian Industrial Credit Investment Bank. Sandep Batra could only close the position and sell the stocks.
But now Sandep Batra doesn't want to close his position anymore, his heart is numb, let it go.
Nehru felt even more collapsed, helpless and helpless. How could he close his position if his private pension held 200 million shares?
Sell all?
That way, the stock price will fall to $0.1 per share, right?
This will make the loss even greater!
What is the significance of such a sell-off?
Why not continue to take it.
Now India's private pension has suffered a huge loss in Fannie Mai's stock, with a floating loss of US$6.1 per share and 200 million shares, which is a floating loss of US$1.22 billion!
This was a huge loss. It turned out that his immediate boss, the chairman of the Indian Pension, was very optimistic about him and planned to recommend him as chairman in the future.
But this performance was really bad, where is the loss of $1.22 billion?
His position may be unstable.
He also has competitors in India's private pensions.
"I was really cheated to death on Fannie Mai this time." Nehru was really furious: "The people on Wall Street also lied to me. They told me before that it was okay, but it happened that big thing!"
Thinking of Nehru, I hate him.
"This time I let the black shirt insurance company go lucky"
"Is this Chinese guys so lucky"
This time they blocked the Chinese who were short-term, wanted to beat them up, and took away the Blackshirt Insurance Company and the Blackshirt Investment Bank, but they suffered extremely heavy losses.
It’s really impossible to describe your mood at this moment!
Ratan Tata comforted: "The two need not be discouraged. This time the US government took over Fannie Mae and Freddie Mae, which has caused global stock markets to surge, and we have also made a lot of profits elsewhere."
"And didn't Blackshirt Insurance Company borrow 1 million shares of American International Group?"
"These Chinese people will definitely short the American International Group. When we stop them again, we will definitely beat them up on the American International Group's stock."
This time, the Tata Consortium did not hold shares of Fannie Mae and Freddie Mae, so there was no loss. The global stock market surged, which increased the stock assets they held a lot.
Sandep Batra gritted his teeth and said, "Yes, Blackshirt Insurance Company also asked us that the Indian Industrial Credit Investment Bank had borrowed 1 million shares of the US International Group. They would definitely short the US International Group. We will kill them when the time comes!"
Nehru also spoke: "Our Indian private pension also holds 1 million shares of the American International Group. If they want to short, I can lend them as long as they have the courage!"
Ratan Tata said lightly: "Don't worry, global stock markets are rising, and these Chinese people must have no courage to short American International Group. They just have luck with Fannie Mai.
If the US government hadn't taken over Fannie Mae and Freddie Mae in the form of senior preferred stocks, we would have beaten up these Chinese people."
Ratan Tata is right. If the US government does not take over Fannie Mae and Freddie Mae in the form of senior preferred stocks, the stock price will definitely not plunge!
At this time, Nehru's phone rang. It was called by Singer, the chairman of India's private pension, and asked him to find an opportunity to clear Fannie Mae's stock.
This time India's private pension compensation is accepted,
Nehru hurriedly said, "Yes, I understand, Chairman."
After finishing the phone call, Nehru looked at Fannie's stock price trend chart with unwilling expression on his face. In the next few days, he would find an opportunity to clear up Fang Limi's stock because the chairman has already issued an order!
Fannie Mae's stock is not worth investing in the next 20 years, because Fannie Mae has been taken over by the US government for at least 20 years. These ordinary shareholders will not receive a dividend, a dividend, and no management rights.
To be continued...