"Please wait a moment. I'll check the fundamentals of this insurance company." There was silence on the other end of the line for a while, and then Cesar's voice rang again. "Boss, one billion dollars may not be enough. Massachusetts Mutual Life Insurance Company is the largest life insurance company in Massachusetts, with a market value of nearly 40 billion US dollars and a market value of approximately 26 billion US dollars. To knock down the valuation of a company with such a high market value by 30%, I will need at least 2 billion US dollars in funds, or even more, depending on the actual situation. Of course, after the smash, we can completely buy the company's stocks from the market, and when the stock price rises, we can continue to sell the stocks and smash them again. Not only can we earn about 25% of the difference, but we can also smash the company's stock twice."
"Okay! Then let's do as you say!" Yang Jing was not the kind of person who would hesitate, so he directly agreed to Cesar's request.
Compared to David Anderson or Henry Williams, Cesar Cook is more suitable for this kind of operation such as market smashing or hedging, and this kind of operation does not require any technical content. It simply relies on huge amounts of funds to smash the market. As long as the funds are sufficient, you can smash as much as you want. Cesar likes to do this kind of unskilled but extremely bloody thing the most.
After hanging up the phone, the Bloombergs looked at Yang Jing as if they had seen a ghost. Yang Jing couldn't help but touch his face and asked curiously, "Is there something on my face?"
"You don't have any scars on your face!" Bloomberg answered honestly, "But I finally know now. I'd rather mess with Satan than with you, Cole Smith."
Yang Jing laughed and patted Bloomberg on the shoulder. "If you want to make some extra money on Monday, you heard what I said just now. Just go for it."
In the 1980s, a stock price drop could also make a lot of money, because there were many warrants in the US stock market at that time. Just like the Massachusetts Mutual Life Insurance Company that Yang Jing was going to deal with, this company not only had tradable shares, but also had warrants. As long as it was confirmed that the stock price of Massachusetts Mutual Life Insurance Company would drop, as long as enough put warrants were purchased from the warrants, once the stock price of Massachusetts Mutual Life Insurance Company fell to that level, people holding a large number of put warrants could gain a lot of benefits.
This kind of operation method is actually a standardized futures contract, which is specifically fixed on the futures of a certain stock.
Bloomberg was of course aware of the relationship, and he had just heard the order issued by Yang Jing, so he naturally knew that Yang Jing was taking action to retaliate against Harper Lawrence. Harper Lawrence had indeed gone too far, but this guy probably didn't expect that Mr. Cole Smith next to him would have such a rich fortune.
Now Harper Lawrence was almost killed by Cole with money at the party, which was a huge humiliation. And on Monday, his Massachusetts Mutual Life Insurance Company will face even more brutal revenge.
In the stock market, no one's face is useful, the only thing that can play a decisive role is money! And it is obvious that the boss of the KY Investment Fund sitting next to him, who is also the largest shareholder of his company, is a man with plenty of money.
Two billion dollars! Jesus, Satan! Massachusetts Mutual Life Insurance Company can't afford to spend so much money. Even if your shareholders buy back the shares together, they will have to raise two billion dollars in just one year!
Bloomberg could even imagine how panicked the shareholders and ordinary investors would be when the stock price of Massachusetts Mutual Life Insurance Company plummeted after the opening of the market on Monday.
But what does that have to do with me? How can I make money if your stock doesn't fall? On Monday, I just need to prepare funds to buy put warrants.
Bloomberg thought happily.
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