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295 Rock Wall Street(1/2)

While the seven major financial giants in India were plotting how to crush the Blackshirt Group, Soros Quantum Fund, in the office, saw the US stock market falling so badly, and a smile appeared on the corner of his mouth.

At the beginning, he shorted the Dow Jones Index and the stock market soared, losing hundreds of millions of dollars.

Then when the US White House's $700 billion rescue plan was rejected, he shorted the Dow Jones Index and made hundreds of millions of dollars back, but overall he still made $90 million.

Then he walked out of his office, and the eyes of Vice President Loga Powers outside were locked in the stock price of American Bank, which has fallen to $1.20 per share.

According to the original plan, Soros Quantum Fund should have closed its position long ago, but in the end he endured it and wanted to wait for the share price of United Bank to fall below $1.00 per share.

"Boss, you finally came out. The Dow Jones Index fell so badly. Now it's down to 10,501 points." As he said, Loga Powers pointed to the Dow Jones Index's trend chart and said: "Boss, you have made back all the losses on the Dow Jones Index before."

"Well, after making a profit, I still make a net profit of $90 million on it." Soros took the tea cup, took a sip of tea, and asked, "Where has the stock price of American Bank fallen now?"

Soros Quantum Fund has shorted 100 million shares of American Bank's stock, with a position of $6 per share. It was originally planned to close the position after the results of the Congressional voting came out, but he held it back.

The $700 billion bailout plan was rejected, which was a major blow to the financial market and the banking industry, and the possibility of American Bank going bankrupt has increased.

Loga Powers said: "Boss, the share price of AUB has fallen to $1.2 per share."

Soros nodded, put down the teacup, and said lightly: "Please close the position below 1 USD per share."

"Yes, boss" Loga Powers was a little excited.

At this time, the stock price of United Bank fell by $0.1 again, falling to $1.1, which made Soros and Loga Powers look forward to it.

At this time, Soros saw a piece of news.

Then the Wall Street Journal: Aig Group's stock price has been re-swept, falling below $20 per share, and the big short Hong Kong Blackshirt Insurance Company won again.

Today, Hong Kong Blackshirt Insurance Company has become a regular visitor in the Wall Street Journal.

Because they have made a lot of money by shorting Fanglimei, shorting Lehman Brothers, shorting Washington Mutual Bank, and shorting American International Group, they have made great money, so they are famous and have many fans on Wall Street.

Many media want to exclusively interview this mysterious financial company, and reporters also like to report on this guy who likes to short American financial listed companies!

"Damn, this black shirt insurance company has made a lot of money in short selling."

"Oh my God, why is this insurance company short?"

"It has shorted so many financial companies, it's amazing!"

"I heard that Soros was knocked down, and I don't know if it's true."

"Of course it's true. Soros was beaten to kneel down and lost 1 billion US dollars."

"This time Black Shirt Investment Bank bought a large amount of money at the bottom of the United Bank, and it was optimistic that the United Bank was acquired."

"Rumor Soros Quantum Fund shorted American Bank, and I'm afraid it will be a huge loss this time."

"Needless to say, Soros, for example, has a huge loss, haha"

··

These are comments under the news, which made Soros frown.

Why are these leeks in the US stock market optimistic about Black Shirt Insurance and not like him, a financial tycoon who has been dominating for decades?

Do these people want to lose money?

Think about it, it’s the same. These leeks who lose money must not be disgusted with him.

However, this time Blackshirt Investment Bank has gone too far with American Bank and started working with him again.

It really upset him.

Is this American Bank really going to be acquired?

Once acquired, it will definitely be acquired at a premium.

Because Citibank, Wells Fargo, and even Bank of America are scrambling, it is rumored that HSBC is also interested in acquiring American Bank!

If it is really acquired, then the stock price of MUF will soar and he will not make any money. Now he suddenly becomes worried.

This black-shirt insurance person is not doing stupid things, and these people are not fools. These guys buy American Bank at a large amount of money, and they must firmly believe that American Bank will be acquired at a premium.

At this time, Loga Bowles spoke: "Boss, now the stock price of American Bank has fallen to $1.1,"

Soros thought for a while and said, "When the stock price of American Bank falls to $1 per share, close the position j"

"Yes, boss" Loga Powers' eyes are fixed on the stock price trend chart of American Bank and is ready to close the position at any time.

··

At this moment, the Black Shirt Destroy Alliance, Jiao Xiongbing of Daoheng Securities, and Adolf Roguli of Lyon Securities looked very bad.

Because the US Congress rejected a $700 billion bailout plan tonight, the US stock market plummeted, and bank stocks and financial stocks were plummeting. It is conceivable how bad the Hong Kong stock market will fall tomorrow.

The stock price of Hang Seng Bank will inevitably fall sharply, which is not good for them.

They bought a total of 61 million shares of Hang Seng Bank, with a position of HK$81.96 per share, worth HK$5 billion.

Jiao Xiongbing said uneasyly: "The stock of Hang Seng Bank will definitely fall sharply tomorrow, and I don't know if it will fall below HK$80.00 per share."

"Oh, this time the Black Shirt Group was so proud of me!" Adolf Roguli felt very depressed.

According to his previous expectations, the $700 billion rescue plan will definitely be passed, and then global stock markets will soar.

But unexpectedly, it failed to pass. With 228 votes against and 205 votes in favor, the Ministry of Finance rejected the $700 billion rescue plan.

This is really bad. The global stock market may have to plummet for several days.

"Oh, I hope the share price of Hang Seng Bank can withstand it."

"It's okay, we don't have to panic"

The five people of Li Songwei of Yiqun Securities, You Zhenxuan of Dongying Securities, Jiang Jiwei of Dali Securities, Yue Runlin of Gaoxin Securities, and Ju Debiao of Fengnian Securities were very happy.

Because they shorted the stock of American Bank, after the US White House's $700 billion rescue plan was rejected,

The U.S. stock market plummeted across the board.

Especially the bank stocks in financial stocks fell very fiercely.

The share price of MUFB has fallen to $110 million.

"Hehe, continue to fall for me and become a fairy stock." Li Songwei was very excited.

"How about it, the stock price of United Bank has reached $3.00 a share before, which is so scary that I'm so scared." You Zhenxuan said with lingering fear.

"Hehe, I didn't expect that the US Congress directly rejected the US White House's $700 billion rescue plan, causing the stock market to plummet."

"Yes, yes, this $700 billion bailout plan has been rejected. The acquisition of American Bank by Citibank and Wells Fargo has been reduced a lot. American Bank is bankrupt."

"Yes, once American Bank goes bankrupt, the black shirt investment bank will lose all its money."

Now they have shorted 200 million shares of American Bank's stock, with a position building at $1.5 per share, with a floating profit of $80 million.

They had previously mobilized $500 million in funds, and then the share price of American Bank rushed to $3.00 per share.

At that time, they lost $300 million on their books. In order to avoid liquidation, they added $300 million to come in.

Then the White House's $700 billion bailout plan was rejected, and the share price of American Bank had fallen from $3.00 per share to $1.1 per share.

On the books, the floating loss changed from a floating loss of US$300 million to a floating profit of US$80 million.

Everyone was so excited.

At this time, the share price of United Bank fell by $0.1 again to $1.00, and the five people were excited again.

“Ah haha, keep falling”

"Slump into immortal stocks"

"Pervious, plummet"

"Damn it, it's going to plummet again"

"This American Bank is definitely over. Only when we don't close the position, the black shirt investment bank cannot close the position."

At this time, Soros Quantum Fund began to close its positions wildly.

Soros Quantum Fund shorted 100 million shares of American Bank's stock, and closing the position is equivalent to buying 100 million shares in the market.

Their closing positions was very smooth, and the large number of selling orders in the market was just offset. However, the number of 100 million shares was too large, and all the selling orders in the market were consumed. The share price of United Bank rose all the way and rushed to $3 per share. Soros Quantum Fund won $350 million.

Soon the stock price fell back and stabilized when it fell to $2.00 per share.

Li Songwei, You Zhenxuan, Jiang Jiwei, Yue Runlin and Ju Debiao were completely stunned. His face changed drastically, and he looked at the stock price trend chart of United Bank with incredible expressions.

Now they have lost another $100 million on their books, which is so annoying that they are so angry.

"Damn it"

"What the hell is going on?"

"Is there a lot of money to buy the bottom?"

"Impossible"

"It doesn't seem like buying at the bottom"

The news came out at this time.

[Soros Quantum Fund shorted AMU Bank and made hundreds of millions of dollars]
To be continued...
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