The stock price is now fluctuating violently between the bulls and bears in the range of US$60-70 per share.
Seeing the strong upward trend and the current fluctuations, some bold American investors in exchanges across the United States waved their money and began to buy in large amounts, which also helped push the stock price to continue to rise slowly.
However, financial management, insurance, and fund institutions also began to take small positions, buy long orders, and join the long side.
Thanks to Bao Junyi’s press conference, the actual financial statements, and the upcoming dividends, even if the stock price falls, it will rise again later. Besides, the stock price is not high now. Everyone has seen it and has analyzed the pros and cons.
As a result, most people started to go long, which was what Bao Junyi wanted. The violent rise also boosted the confidence of onlookers in this stock, and was also an ignition signal, allowing bullish investors, hot money, and institutions to see the determination.
Bao Junyi sat in his office, staring at the screen of his 1970s-era desktop computer, watching the stock price trend. He knew that the aggressive bulls had already entered the market, but there were still many onlookers, unknowingly waiting and watching.
Bao Junyi hesitated for a moment, then took out his cell phone and dialed Robertson's landline.
"Robertson, as soon as the market opens this afternoon, push the stock price up to $99.99 per share within 30 minutes. And place a $1 billion long buy order on Leopard Head. Any problem with that?"
Julian Robertson hesitated for a moment before saying, "Boss, if we deploy our funds now and push the stock price up to $99.99 per share, our funds will be sufficient to support subsequent battles."
"How much money is left in the Fat Tiger Fund's account now?"
"We previously shorted $2.8 billion with Morgan and others, and then started buying back shares at $46 per share, returning them to institutions. The average closing price was $55 per share, resulting in a profit of $3.1 billion, or a total of $5.9 billion including principal."
"Because our short selling coincided with the Morgan Stanley and Morgan Stanley, even though we were one step ahead, they discovered us. Therefore, the average price of the stock we shorted wasn't very high, and we only made a little over double the profit."
"But after two hours of consumption, only $4.2 billion was left."
Bao Junyi thought for a moment and said, "It doesn't matter. If the funds are insufficient, I will find another way."
"Boss, I understand. Leave the rest to me."
"Uh-huh."
The other side.
In Morgan Manor, the butler George is reporting to the Morgan patriarch, Lucy's grandfather.
Old Morgan sneered, "This kid is quite cunning. He's actually trying to exploit human greed. Furthermore, the company's fundamentals are sound, and it has steadily increasing profits every year to back it up. This is a brilliant tactic."
"His brand name will indeed attract a large number of investors, but he needs to demonstrate sufficient strength to do so. Otherwise, he will only accelerate his own demise."
Butler George said, "Yes, first the press conference attracted everyone's attention, and then the stock price was violently pushed up, regardless of the cost, to boost bullish confidence. It was indeed effective."
"Don't worry, he doesn't have that much funding. If he loses it, his demise will be even faster."
"I'll arrange for the family fund to allocate funds to purchase $2 billion worth of Miracle stock. I'll also have the two major families raise some shares. Combined with the remaining shares, this should be enough to bring down the stock price."
"Master, maybe the two major families can't come up with many stocks."
"If we can't come together, when we divide the cake, we will not only have to acquire Miracle Games, but we will also have to take an extra piece of their profits."
"Hahaha, I understand, sir."
"Well, Miracle Games is a hen that lays golden eggs. We must take it down this time, otherwise, it will be even harder to get another chance later."
"Master, don't worry, we are determined to win this time."
"Well, get busy."
…
Noon, in the conference room of the Morgan Building on Wall Street.
"Butler George, we only raised $460 million in stock this time. This was achieved by squeezing out other assets of the company and also mortgaging a portion of it."
"It's the same here. I've only raised $520 million in stock, and I've mortgaged most of my real estate. I just can't get the rest."
Lauren and Chief Keswick said helplessly.
"Humph! If you can't raise enough, then you can only distribute the profits and give a portion to our Morgan family."
"Our Morgan family has raised $2 billion in stock this time, so both of you should consider this carefully."
The two clan leaders looked extremely unhappy. After a while, they sighed helplessly and said, "Let's just split up for now. If we withdraw now, the retaliation from Miracle Group will be even worse later. We can only go down this path until the end."
"Okay, let's redraft a contract."
Time flies and it is afternoon when the US stock market opens.
Miracle Games' stock price rose slowly in the first 5 minutes after opening, and then suddenly changed its style.
Once again, it ushered in a violent rise, from $65 per share, it continued to rise to $68, 73, 76, 80, 86, 88, 93, 96...
Finally, it soared to $99 per share, and a buy order of $1 billion was placed directly at the price of $99.99 per share.
All major U.S. exchanges were thrown into chaos because Miracle Games' stock price had risen, and a $1 billion buy order was placed on the 99.99 leopard head number, which was extremely arrogant.
However, American stock investors like it very much.
Because there is someone to support this position, there is no need to worry, and investors also buy in.
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