In the Electronic Arts stock market, numerous short-selling funds, led by Citron Research, are battling it out with over a million retail investors.
The two sides traded blows, neither willing to back down, which kept Electronic Arts stock at around $25 per share for two days.
The internet is flooded with news reports about this incident.
At this point, the North American elites generally felt that this was just a case of retail investors getting carried away, acting on a whim, lacking investment experience, and ultimately losing everything.
Just then.
Another team, led by BlackRock, is quietly laying the groundwork and slowly entering the market.
They secretly helped retail investors drive up stock prices.
At 3 p.m., with BlackRock directing his team to secretly manipulate the stock, Electronic Arts' stock price quickly stopped its downward trend and began to rise slowly.
However, the short-selling institutions led by Citron Research were not to be underestimated. They soon discovered that another mysterious fund was pouring in through multiple accounts.
As Electronic Arts' stock price began to climb again, the Baron, sitting in his office chair in the trading room, narrowed his eyes slightly.
A ruthless glint flashed in his eyes, but it vanished in an instant.
"Even if Zeus came today, I would still beat him to a pulp," the baron said viciously.
With a wave of his hand, the Baron directed the short-selling institutions to increase their short-selling efforts, and a large number of sell orders flooded the market like a tidal wave.
Electronic Arts' stock price surge was immediately halted, and even showed signs of decline.
At the same time, BlackRock's team also noticed the short sellers' counterattack. They quickly adjusted their strategy, mobilized more funds, and continued to enter the market in a more covert manner.
The game between the two sides has entered a heated phase, and every small fluctuation in the stock price affects the hearts of countless people.
Lucas, Jerry, Chen Ze, and others engaged with retail investors online, constantly encouraging them to increase their long positions and cheering them on. Some even invited their relatives and friends to join this "feast."
In just one week, more and more retail investors flooded into the Leek Bar, and the number of people grew rapidly like a snowball, soon reaching an astonishing 2.5 million!
Encouraged by Chen Ze and others, these retail investors were like flames of enthusiasm ignited, and they entered the market without hesitation to buy EA shares.
Everyone was snapping up Electronic Arts stock, as if it were a crazy shopping spree. It's no exaggeration to say that it rivaled the zero-dollar shopping frenzy of the United States in later years.
Faced with this massive force of over two million men, any tactics or tricks employed by the short sellers appear utterly ineffective.
No matter how much the short sellers struggled, they could not stop this powerful buying force.
In just seven days, Electronic Arts' stock price skyrocketed, soaring from $25 per share to $365 per share! The speed of this rise was so fast that even Tesla's CEO, Elon Musk, would have to call him "Dad."
At this moment, the retail investors, looking at the huge sums of money in their accounts, were as excited as children.
They vowed to use the money to buy a mansion, a luxury car, and to marry a beautiful wife, so they could enjoy the good life to the fullest.
Even more astonishing is Jerry, who made outrageous claims in his new article, vowing to push Electronic Arts' stock price all the way up to a staggering $1,000 per share!
Meanwhile, all the retail investors at Lucas Interactive seemed to be bewitched by Jerry's bold words, and they unhesitatingly invested their life savings into the stock market, hoping to use it to reach the pinnacle of life and realize their dream of financial freedom.
...
In just seven days, the three financial giants of Citron Research, the short-selling fund, actually borrowed a huge sum of more than nine billion US dollars in an attempt to drive down Electronic Arts' stock price in this stock market game.
Unfortunately, things didn't go as planned, and their wishful thinking ultimately failed.
Moreover, these three tycoons lost all the huge sums of money they had borrowed in a short period of time; the losses were truly appalling.
Especially the long-haired man, who had just painstakingly borrowed a full 1.5 billion US dollars, which vanished without a trace in the blink of an eye, as if swallowed up by a black hole in the stock market.
The white-haired old man was not spared either, suffering a loss of up to three billion US dollars. Keep in mind that he had borrowed this money at great cost!
Of the three, the one who suffered the most was undoubtedly the Earl, who alone lost a staggering $5.5 billion. Such a huge loss would probably make even someone as wealthy as him feel extremely pained.
Of course, other short-selling institutions were not spared either, suffering heavy losses. Among them, the two larger institutions, Frost Short Fund and DaVin Short Fund, suffered particularly heavy losses, to an astonishing degree.
Faced with such huge losses, these short-selling institutions had no choice but to rush to buy Electronic Arts shares on the stock market to liquidate their positions in an attempt to recover some of their losses.
Meanwhile, on the top floor of the Trump Hotel, Chen Ze was closely monitoring the stock price of Electronic Arts (EA). When he saw EA's stock price soar like a rocket, reaching an astonishing $365 per share, a subtle smile appeared on his lips.
However, Chen Ze was not blinded by the sudden surge. He knew that the price had already peaked, and if it continued, the short-selling institutions would inevitably be driven to desperation and resort to desperate measures.
To avoid an uncontrollable situation, Chen Ze made a decisive move and issued an order without hesitation.
"Quickly! Everyone sell all of your EA stock immediately!" His voice was deep and firm, revealing a decisiveness and resolve.
As soon as he gave the order, Zhang Guoheng and the other four people frantically typed on their keyboards and sold off their stocks.
Immediately afterwards, a large number of long sell orders appeared in the market.
For a time, the stock price began to show a slight downward trend.
The initially excited retail investors panicked instantly, not understanding why the stock price suddenly started to plummet, and the internet was filled with curses.
"Which bastard is secretly selling them?"
When the short-selling institutions saw the stock price drop, they were initially taken aback. Then, many of them bought up the shares to close their positions, because they were genuinely afraid that the stock price would surge to $1,000 per share.
If this were to actually happen, they would declare bankruptcy immediately.
Amidst the chaos, Chen Ze remained calm as he watched the stock price slowly decline.
He knew he had already profited and exited at the peak, and this move had made him a fortune.
Soon, Electronic Arts' stock price fell below $300 per share. Because Chen Ze and others held too many Electronic Arts shares, it took them three whole days to sell them all.
He no longer cares how this stock market turmoil will develop.
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