After walking a few steps back and forth, Wang Guanxi said again: "Soros and Feld are really brave!"

Huang Shaokai asked, "Boss, where do they get their confidence?"

The stock price of Citibank is at a historical low. Soros and Feld dare to short. What is the confidence?

I have made money by shorting Citibank before, but I have to continue shorting this time. I am too greedy.

Wang Guanxi said: "Maybe they think Citibank is bankrupt."

Zhang Dexi also said: "This Citibank has a large number of risky bad debts, which really makes many people think it is following the footsteps of Lehman Brothers and Washington Mutual Bank."

Wang Guanxi smiled and said: "It is true that many long-term stock investors are afraid of it."

Wu Zhankun: "The boss is also a lot of investors. Retail investors are taking risks to buy Citibank's stocks. Now the stock price is supported at $40 per share."

Wang Guanxi: "I hope the Citibank share price will be supported at $40 per share."

Wang Juehao was excited: "Boss, this Soros, Feld may be damaged by other long investors in the market this time."

Wang Guanxi smiled and said: "The bulls in the market are currently holding on to the position of $40 per share, I hope they can hold on."

Bai Weiqiang also said: "It will definitely be able to defend it. Soros and Feld should not have many bullets."

At this time, a piece of reports came out.

【Citibank Life and Death Raid 2】

Eric, a Citibank trader, broke the news.

Citi will lay off 52,000 employees.

Citi announced its future development plan while laying off employees, but in fact it was just a 26-page slide. They repeatedly said that they had strong capital and were a world-class management team, which was nonsense.

He commented that Citi's management was "terrible, lacking vision, weak capital, and huge losses"

**** Supervisor: Citi's previous acquisition                                                                                                                         �

Citi announced that it would purchase the last $17.4 billion in assets held by its structured investment vehicles, the first mortgage-based asset to be hit when the credit crisis broke out last year.

Citibank traders also said: "The problem with Citibanks and other banks is not that they really can't do it, but that they dare not invest. They have a lot of money, but they dare not borrow or invest."

"Now, many small businesses, such as opening a hotel, are difficult to get loans from banks. That is to say, before this recovery, the stocks of these companies will depreciate because if the money is not taken out for investment and borrowing, there will be no real business."

The negative news about Citi has caused concern among ordinary people, and customers withdrawing deposits has made Citi nervous.

Tony, a student at Columbia University in New York, went to the sales department this Thursday to withdraw Citi's CD (deposit certificate). "As a result, the people inside tried to persuade me to continue saving for 9 months..."

Another friend of her finance recently transferred her monthly salary collection account from Citigroup to ****, and immediately received a letter from Citigroup, saying that she would guarantee the full amount of its deposit of US$250,000 and hoped to transfer it back.

Citi is just a concentrated representative of the market's confidence crisis in commercial banks and even the entire US financial system.

"This round of decline is mainly because the market is not optimistic about the economy in 2009, and the market is more important than the individual company."

"Every aspect of the commercial real estate market, deflation and unemployment rate have made everyone lose confidence. I thought the situation would be better this year, but now it seems that next year will be as bad, so everyone is desperate."

In the next few hours, Citibank's share price was strongly sold off.

The $40 per share position is gradually unable to support it.

The power of the bulls was almost exhausted.

Soros Quantum Fund, Soros said excitedly: "Felder, did you prepare it in advance?"

Feld smiled and said, "Let's shoot out the last bullet and smash the share price of Citibank."

"Okay, break $40 per share and let it fall back to $36 per share"

Then Soros and Feld shorted again.

Citibank's stock price fell below the key position of $40 per share, and the bulls in the market could not resist the sell-off.

The stock price fell below $40 per share.

39.21

38.25

37.45

36.48

35.11

34.98

··

$31 per share!

Then the stock market closes.

Citibank's share price once again hit a record low!

It fell directly to $31 per share.

The Citibank stock investors in the market caused panic.

Rich people holding Citibank stocks are all over the world, including Saudi Prince Alvad, known as the "Persian Gulf Buffett".

"Your Highness, do we want to increase our holdings in Citibank?"

Saudi Prince Alvad stared at the stock price of Citibank for a long time.

··

At this moment, Nehru watched Citibank's stock price fall to $31 per share, and was sweating coldly behind him.

Wang Guanxi told him on the phone that he would buy the 5 million shares of Citibank in their Indian private pension for $40.

If I had known that I would have sold the stock to Wang Guanxi!

That is just 5 million shares.

If you sell it to Wang Guanxi at $40 per share, you can get $200 million in funds. When Citibank falls to $31, he will buy another 5 million shares and make the difference.

"Oh, tm, where is the share price of Citibank going to fall?"

Nehru stared at Citibank's stock price trend chart.

Currently, India's private pension holds 5 million shares of Citibank shares, and the book losses have increased to US$525 million.

"This Wang Guanxi has bought Citibank stocks at the bottom!"

"Maybe I can also increase my position and buy at the bottom and spread the average position to build a position at a low level!"

Currently, they hold 5 million shares and have a position of $136 per share. If you buy 10 million shares at the bottom of the stock price at $31 per share, that's OK.

Now he wants to buy Citibank at the bottom, but he doesn't dare, for fear that Citibank's stock price will continue to fall.

"Forget it, let's keep waiting"

"Wonderful Wang Guanxi also bought Citibank stocks in large quantities, and his books also lost a lot of money." Nehru felt a little balanced when he said this.

At this time, his phone rang, and it was called by Singer, the chairman of India's private pension.

Nehru hurriedly connected.

Chairman Singer asked about Citibank's stocks, and Nehru quickly explained and said he was considering increasing his stake in Citibank.

··

At this moment, Indian Industrial Trust Investment Bank.

Sandep Batra also looked at Citibank's stock price trend chart with a bank look on his face.

Previously, Citibank's stock price rose against the trend and became very strong. He thought Citibank's stock price would not fall anymore.

Unexpectedly, another round of big drop began.

Now it has set a new record for historical lows.

It has fallen to $31 per share, which is so annoying that he is so angry.

Currently, the Indian Industrial Trust Investment Bank holds 6 million shares of Citibank, with a position of US$213 per share, which has further expanded on the books and has lost as much as US$1.1 billion!

"Wang Guanxi's grandson is simply a crow's mouth!"

Previously, Wang Guanxi said that he would buy the 6 million shares of Citibank in the hands of Indian Industrial Trust Investment Bank at a price of US$45 per share.

Sandep Batra did not sell.

The stock price has now fallen to $31 per share, setting a new historical low.

Sandep Batra panicked and regretted it.

But he was extremely unwilling to face huge losses in his heart, and he glared at the stock price chart angrily.

A crazy idea sprouted in his heart.

"Do I want to increase my holdings of Citibank shares here?"

"TM, Wang Guanxi's grandson has bought the bottom and is now trapped!"

After a bit of trouble, Sandep Batra was like a deflated ball.
To be continued...