"Chen, you can stop shorting stocks now." Steven gave Chen Zhao another call.
"Okay, got it."
DSN's stock had fallen by 4% compared to three days ago.
For Chen Zhao, it was only three or four million dollars, but for DSN, it was billions of dollars gone.
DSN was a big company, but it couldn't withstand such a speed of evaporation.
Of course, there was a limit to the drop.
After all, a movie's box office failure couldn't really shake DSN.
If it was something like PLM, it was also one of the Big Six, but it was much smaller than DSN.
Therefore, PLM's box office would fluctuate greatly because of a movie's box office.
"They'll release the news at around three in the afternoon. You can buy some stocks beforehand."
"Okay, got it." Chen Zhao nodded.
Chen Zhao's shorting was too risky.
Usually, big investors would take the initiative to short. They would buy a lot first and then sell, creating panic in the market and forcing the individual investors away. Then, they would cut the sheep.
Chen Zhao's was completely relying on luck.
Even if he had reliable information that DSN's stock would fall, there was no guarantee of how much it would fall or how long it would last.
There was no guarantee of how much it would fall or how long it would last.
Once DSN reacted and released some good news, the stock would rise again.
…
"Haha … See? I told you it would fall," Sonnenfeld said proudly.
"Mr. Sonnenfeld, 50 times leverage is too risky. You've already recovered your capital. There's no need to continue."
"No, continue," Sonnenfeld said. "I'll stop before the market closes today."
It wasn't easy to make one or two million dollars a day.
"Continue shorting DSN."
"Okay."
Sonnenfeld was already immersed in his fantasy.
Film my ass. I can't make as much money as stocks.
As long as I have money, I can invest in my own movie.
Then, I'll show those who look down on me what I'm capable of.
I'll use my next movie to prove my ability.
Just then, Sonnenfeld's phone rang again.
"What is it now?"
"Mr. Sonnenfeld … DSN's stock went up."
"What? Then why are you calling me? Hurry up and stop! "Sonnenfeld exclaimed.
"It's too late. We've already lost everything."
"What? How is that possible? That's a few million dollars, "Sonnenfeld said.
Since the opening of the market, his original capital had increased several times. How could he suddenly lose all of his capital?
"Sir, fifty times leverage is a huge risk to begin with. Just a small increase will clear all the funds," Sonnenfeld said.
"But … How? How? How much did DSN's stock go up?"
“3%。”
"How is this possible?" Sonnenfeld still couldn't accept this result.
"According to the news released by DSN, Mr. Steven will take over the filming of the sequel of God of War."
"You can't do this, you can't do this … I am the director of this series, it's me!" Sonenfeld roared, "This job is mine. DSN can't do this. Tyreese can't do this to me … Right, call Tyreese."
Sonnenfeld dialed Tyreese's number. "Mr. Tyreese, we agreed on it and even signed a contract. I will direct the 'God of War' trilogy. What you are doing now is a violation of the contract. I am going to sue you."
"Sonnenfeld, you have to understand that because of you, DSN's hundreds of millions of dollars of investment went down. You even caused DSN's stock to fall. You still want to direct the sequel of God of War? Don't even mention continuing to direct 'God of War', no one will even want you as an assistant director. DSN will ban you, and you won't be able to get a single movie in Hollywood. "
"You can't do this to me … I have a contract, I have a contract … You're violating the contract. I want compensation …"
"Haha … That's a contract of intent, not a formal contract. Go ahead and sue me." Terrence sneered.
He hadn't even finished the first movie. It was impossible for him to confirm the directors for the second and third movies.
A mature company couldn't be so childish.
A contract of intent had no legal effect.
To put it bluntly, it was no different from a conversation at a wine table.
If Sonnenfeld's "God of War" was successful, he would naturally become the director of the second and third sequels.
But if the first movie failed, Sonnenfeld would only be a scapegoat.
After venting for a while, Sonnenfeld finally sat down on the floor.
His career was ruined because of this movie.
Because of this gamble, he had completely lost all his assets.
It was over. Everything was over.
Just then, there was the sound of a car horn downstairs.
Sonnenfeld looked out the window. It was an unfamiliar car.
Just then, a woman got out of the car.
Sonnenfeld saw that the woman was very beautiful. He thought that she might be here to ask him for help.
Sonnenfeld went downstairs and opened the door. "Miss, are you looking for me?"
"On behalf of the bank, I'm detaining your house," Amira said to Sonnenfeld.
"What? Detaining? What do you mean? "
"Your house has been mortgaged to our bank. We've checked your account and found that there's no money in it. So now, this house belongs to the bank. If you can't pay the bank back within three months, we have the right to auction this house to pay off the money you owe the bank."
"Wait … I'm a little tight on money now, but I'm a director, a famous director in Hollywood. I have enough credibility and fame. I'm fully capable of paying off the money I owe the bank. You can't just detain my house so suddenly."
"I'm sorry, Sonnenfeld. This house doesn't belong to you now," Amira said calmly. "Please move out before it gets dark."
"I refuse." Sonnenfeld's attitude was firm.
Amira smiled and snapped her fingers. A dozen burly men came in. "I don't care if you agree or not. You guys wait here and give Mr. Sonnenfeld some time to prepare. If he doesn't plan to leave before five o 'clock, you guys can help him move out."
Sonnenfeld picked up the phone. "Sarah, I want to stay at your place for a few days. Is that convenient for you?"
"Sonnenfeld, I'm not in Los Angeles right now. If you have anything to say, please tell me when I come back. That's all. I still have things to do. Goodbye."
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