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Home > Fantasy > Demons Beside You > Chapter 942

Chapter 942

Words:1784Update:22/06/26 13:13:15

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"Eighty-six million?" James' expression froze.

Rasfa also froze. It was 10: 20 at night. Animal Mart's box office had exceeded eighty-six million so far.

It had a chance to exceed ninety million by midnight.

For a super A movie, this number was at most a passable number.

But for a movie with a small investment, this number was enough to make everyone laugh their heads off.

One had to know that "Animal Supermarket" only had 5% of the screenings.

This meant that the movie's occupancy rate was close to ninety percent. Otherwise, it wouldn't be able to reach this level of box office.

In the afternoon, Rasfa had thought that as long as James didn't lose his investment, even a small one, it would be acceptable.

Who would've thought that the movie would be so popular?

It wasn't as popular as Steven's previous movie, but it was definitely an outstanding result.

"Mr. Steven, I really don't know how to thank you."

James thanked Steven from the bottom of his heart.

In his opinion, if Steven hadn't helped him edit the movie, it definitely wouldn't have such a good result.

"Chen asked me to help you," Steven said. "If you want to thank someone, thank him."

"Mr. Chen? But … why? "

"He seems to have a grudge with your ex-wife," Steven said. "And the director of God of War seems to have a grudge with him too."

"Oh? The director of God of War is called Sonnenfeld, right? "Rasfa asked.

"That's right," Steven said.

"They know each other?"

"Chen and Fali went to Marina's Restaurant and ran into Sonnenfeld and James' ex-wife. They humiliated Chen in front of everyone and even gave him ten dollars."

"Chen didn't kill Sonnenfeld on the spot?"

In their impression, Chen Zhao was known for his bad temper.

The next day, Pet Mart's box office increased again. At the same time, DSN's stock price fluctuated too. It dropped by two percent in one day.

DSN was the largest movie company in the world. This didn't include other industries outside of Hollywood.

Its market value was over a hundred billion dollars. A two percent drop meant that two billion dollars had been lost.

Actually, if it was just God of War's failure, it wouldn't have such a huge impact.

The main reason was that "God of War" was the beginning of a series of movies. Now that the first movie had failed miserably, even though the sequel had yet to start filming, some investments had already been made. This caused these early investments to become an uncertain factor.

Continue filming the sequel? What if it fails like the first series?

If they stopped filming, the loss would be even more direct.

It was precisely because of this kind of bad news, coupled with people with ulterior motives who added fuel to the fire.

As a result, Disney's stock price fluctuated significantly.



"Chen, hold on for half a day tomorrow," Steven said. "Sell your stocks tomorrow afternoon."

"Okay, got it."

Chen Zhao wasn't greedy. He was satisfied that he could earn a few million dollars.

This kind of opportunity was rare. It was already a rare opportunity to encounter it once a year.

"DSN won't sit back and watch the stock fall, so they've started to take action," Steven said.

"Oh, how did they do it?"

"Tomorrow, they will release the news that I will be taking over the God of War series."

"Will you take it over?"

"No. I don't have any business relationship with DSN. Also, their terms are too domineering. Even I can't get enough power, so I won't work with them unless they lower their stance like other film companies."

"So you're just going to let them use your name to pull up the stock?"

"They told me beforehand."

Chen Zhao immediately understood that it was an exchange of benefits.

But this wasn't surprising.

No wonder Steven knew when DSN's stock would rise so accurately.

Because Chen Zhao was buying short-term stocks, he was going to short them directly.

First, he would borrow DSN's stocks from the dealer and sell them to the market. Then, after the stock fell, he would go to the market and buy the scattered stocks to return to the dealer.

The difference in the middle, after deducting the interest, was Chen Zhao's profit.

Chen Zhao didn't really play stocks. He only had a general idea.

The risk of directly shorting was very high because there were too many fake and real news mixed in the market.

If he wasn't completely confident, Chen Zhao wouldn't put tens of millions of dollars into the market.

Usually, going short was the specialty of the big capitalists.

This time, Chen Zhao had Steven guiding him step by step.

Steven might not be a financial giant, but he had a team that helped him manage his assets.

Anyway, if Steven wanted him to buy, he would buy. If Steven wanted him to sell, he would sell.

"Chen, after DSN announces the good news tomorrow afternoon, the stock should rise a bit. You can use this chance to make some money. I'll clarify the news in two weeks."

Chen Zhao understood. The risk of going short was too high and he wouldn't make much money.

But if he bought the stock to rise, with Steven there, the stock would definitely rise by quite a bit. With leverage, it wouldn't be a problem to make ten or twenty million dollars.

This was also the reason why DSN and Steven were exchanging benefits.

Small investors were small investors. They would never be able to beat capitalists.

This was the reason. Capitalists only needed to announce a piece of news and the stock would rise and fall.

Without Steven's cooperation, Chen Zhao would probably still foolishly think that DSN's stock would continue to fall. By then, he might even lose a lot of money.

Of course, since he didn't use leverage, he wouldn't make much money, but he wouldn't lose much either.



"Mr. Sonnenfeld, the stock you invested in is almost at a loss. I suggest you stop your losses immediately."

The call was from Sonnenfeld's stock manager.

Sonnenfeld almost spat out a mouthful of blood.

He had bet on his house, car, and around a million dollars in cash. He thought that after his movie, God of War, was released, DSN's stock would definitely rise.

In the end, he became a stock killer. Not only did the stock not rise because of God of War, it fell instead.

"How much money do I have in my account?"

"Less than three million."

"Buy it down, buy it down. Buy it down with all your money!" Sonnenfeld yelled. "Based on the current trend, DSN's stock will continue to fall for a few days. Use leverage."

"Mr. Sonnenfeld, it's very risky to short with leverage."

"Cut the crap. I've already lost nearly ten million dollars. I can't lose anymore. I have to earn back my losses."

Sonnenfeld couldn't think of any way for DSN to pull up the stock.

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