"Then, Mr. Rogers, how much do you think 51 Search's monster stock price will stabilize in the end? Can it maintain its current 16 USD price? That's a total market value of 16 billion USD! "Enzo quickly asked.
But in the afternoon, the 100,000 USD had become 400,000 USD. Enzo is excited and scared at the same time. At the same time, he does not know what to do with 51 Search.
Should he sell the shares the next day when the market opens? After all, the share prices might fall again the next day.
"No one can give a definite answer to this question!" Jim Rogers smiled. "But I think the internet is a big trend, and 51 Search's position on the internet is unshakable. It might not be clear in the short term, and it might fall to 8 USD tomorrow, or even back to 4 USD. But in a year or two, the stock price will maintain around 16 USD. It's entirely possible!"
"Oh!" Enzo is relieved. Seems like this shares should be held for the long term and should not be invested in the short term.
"By the way, Mr. Rogers, that Huaxia man said that in another 20 years, 51 Search will have a market value of 1.2 trillion USD. Do you think this is true?" Someone asked again.
"Hahaha, young people can be a bit more savage and say some witty things. It's enough that everyone is happy to hear it. Why do you have to care whether what others say is true or not?" Jim Rogers laughed.
"Mr. Rogers, will your Quantum Fund invest in 51 Search this time?" Enzo asked. If Quantum Fund will also invest in 51 Search, then there will be no problem for him to hold the shares in the long term.
"I know about this, but I cannot tell you. This is our Quantum Fund's top secret. How can I tell you all? Hahaha! " Jim Rogers laughed heartily and then left the bar, leaving behind a crowd of worshipful people.
Jim Rogers is not interested in investing in 51 Search because he still has something important to do.
— — —
The next morning.
"The market was too impulsive yesterday. Many investors will understand that 51 Search's market value is not as exaggerated as 12 billion USD, let alone 16 billion USD now."
"So when the market opens this morning, the share price will definitely fall. What we need to do is to short the market and push 51 Search's share price back to around 6 USD. Then, we can buy at least 100 million shares in one go!" In the meeting room in Wellington, the managers continued to assign the tasks for the day.
"This morning, we will try our best to release as many of our 100 million shares as possible at a price of more than 12 USD. But remember, the price is 12 USD. Don't sell it below that price! " In the conference room of the America First Foundation, Harry Potter was also assigning tasks to his subordinates.
"America First Foundation will definitely sell their shares today because they know very well that these shares are not worth 16 billion USD. They will sell them slowly at a high price and make a profit. This will give us a lot of room to suppress the share price!" The Wellington managers ordered loudly.
After a period of careful preparation, the market finally opened. Because of yesterday's high price, 51 Search's share price even rose by 0.5 USD after the market opened.
But after that, the share price stopped moving and started to fall slowly.
"Manager, you are amazing. Just as you expected, America First Foundation is selling their shares!" The Wellington trader said excitedly.
"Of course, because if it were me, I would sell them first too!" The manager said matter-of-factly.
"Then what should we do now?" The trader asked.
"Let them sell. If they don't sell these shares, where can we buy shares?" Wellington's manager smiled and said, "The more they sell, the faster the stock price will fall, which is good for us!"
America First Foundation sold their shares slowly and carefully. They tried not to let people know that there was something fishy going on, so 51 Search's share price fell slowly.
But soon, the market discovered the problem because 51 Search's share price was too high. It was not logical.
Some smart individual investors did not dare to buy shares, so the share price started to fall faster and faster. About one and a half hours after the market opened, the share price fell back to 12 USD.
"Manager, 51 Search has sold about 100 million shares!" The trader reported immediately.
"Okay, sell a lot of shares immediately. Sell all 10 million shares in our hands in a short period of time and continue to suppress the share price to below 6 USD."
"Sell, sell 1 million shares in our hands as fast as possible. We must make it look like the funds are leaving the market in large numbers and create panic among the individual investors who just bought the shares. Let the share price fall quickly!" These methods of suppressing the share price were very familiar to the Wellington Foundation.
The individual investors in the market were very afraid of the bankers because they knew that the bankers would take all. But they could not give up the temptation of the instant profits, so they still entered the market.
At this time, as long as there was a little news that the bankers wanted to suppress the share price, or even just create a little atmosphere, it could make the investors lose confidence, and then the share price would collapse instantly.
So, soon, under the suppression of the Wellington Foundation, 51 Search's share price began to plummet crazily like yesterday. From the price of 12 USD, it quickly jumped to 8 USD.
Seeing that everything was very much in line with the expectations of the Wellington Foundation, the general manager of Wellington felt a little uneasy. When the share price fell below 8 USD for the first time, the general manager suddenly came to a realization and ordered, "Buy, buy a lot of shares, buy back all the shares at 8 USD!"
Unfortunately, the general manager understood it a little too late. Almost at the same time, a huge flow of funds swept the entire market again. At the price of 8.2 USD, almost all the traded shares were bought out. The share price returned to 9 USD in an instant.
Then it began to surge all the way back to the price of 12 USD at the opening.
This made the general manager of Wellington want to vomit blood because he did not get many shares in the end. When the price returned to more than 12 USD, the shares in the hands of the Wellington Foundation were actually less than the number of shares yesterday. From yesterday's 10 million shares, there were only 9 million shares.
"Where did this fund come from?" A trader asked unwillingly.
"I don't know. It was from thousands of accounts at the same time. It is impossible to find out who is behind these accounts!" The trader looked at the data and said helplessly.
Of course, using anonymous accounts to buy and sell shares was also a common practice in the stock market. Of course, this was against the rules, but it was not too out of line. After all, everyone did it.
Otherwise, if all the funds were to use their own accounts, then once there was any movement, it could not be hidden from the eyes of the individual investors. How could they cut the leeks?
"There's no need to ask. It's definitely someone from the America First Foundation. This is the trap that they dug … What a powerful method. They managed to resell the 100 million shares in their hands in such a short period of time. This time, they made at least 800 million USD in profit. This foundation is too vicious! "The general manager of Wellington gritted his teeth and said.
You've already exceeded your reading limit for today. If you want to read more, please log in.
Login
Select text and click 'Report' to let us know about any bad translation.
