The accounts of Trump Hotel, Chen Ze, and others saw billions of dollars evaporate within minutes.
This caused Zhang Guoheng and his companions great anxiety.
Unexpectedly, just over ten minutes later, the stock price surged back up.
This tug-of-war, with its ups and downs, brings both joy and sorrow.
Zhang Guoheng stared blankly for a few seconds at the huge sum of money that had been recovered from his account, then jumped up excitedly, waving his hands in the air and shouting, "It's back! It's all back!"
The others also smiled faintly, their faces filled with surprise and disbelief.
Chen Ze, on the other hand, appeared quite calm. He frowned and fell into deep thought.
If his guess is correct, the current rise is only temporary. After all, it's only the opening bell, and this is clearly just the first wave of the attack.
I'm sure Citron Foundation has some big surprises in store for them.
Suddenly, he remembered a young man named Jerry from the United States in his previous life. He led more than two million retail investors in a certain forum's "Leek Bar" to drive up the stock price of Electronic Arts Games to 100%.
Thinking of this, he immediately registered an account and logged in, wanting to see how this young man was leading retail investors to drive up the stock price.
Chen Ze quickly searched the forum for posts related to Jerry and Electronic Arts (EA) gaming stocks.
Soon, he found a series of strategy posts that Jerry had made at the time, which detailed how he analyzed the situation, issued mobilization orders, and united retail investors.
After careful study, Chen Ze discovered that Jerry's core strategy was to leverage the sheer number of retail investors to create a formidable force to counter institutional investors.
Jerry used concise and powerful language to point out Citron Research's malicious short-selling activities and called on retail investors to unite, buy stocks together, and fight against malicious short sellers.
The post was followed by a large number of comments.
Netizen A: "I've already gone long, and I made a fortune following Jerry's advice yesterday."
Netizen B: "Seeing so many people following suit, I also want to make a fortune. Once I make money, I'll buy luxury cars and pick up beautiful women. To sum it up in one sentence, if I win, I'll go to a club to find young models; if I lose, I'll go to the sex industry."
Netizen C: "I just checked, and EA Games' stock price has fallen again. Jerry, the head moderator, please come out and tell us when we're going to launch our all-out attack?"
Seeing so many comments, Chen Ze decided to leave one himself.
Without hesitation, he quickly typed on the keyboard and commented below: "I checked the short-term trading volume and volatility of Electronic Arts Games stock. As long as we all work together, we can definitely crush those short-selling institutions."
His post quickly gained recognition, with many netizens replying in support and urging Chen Ze to share more insights.
Encouraged, Chen Ze continued to analyze the current stock market situation in detail in the post, and combined his experience from his previous life to give some feasible operational suggestions.
His expertise and unique insights have drawn the attention of more and more retail investors to this post, and some have even forwarded it to other forum sections.
The post quickly gained popularity, and the number of replies increased exponentially.
Before we knew it, it was 2:30 in the afternoon.
Chen Ze stared at Electronic Arts' stock price as it continued to fall, but remained unmoved.
Zhang Guoheng was extremely anxious. He couldn't help but ask, "Boss, the short-selling ratio has reached 100%. The other side is using leverage to short the market aggressively. What should we do?"
Chen Ze remained calm, saying, "Don't rush, the best is yet to come."
Several traders were speechless upon hearing their boss's words; they truly admired his magnanimity.
At this point, his post had been pinned to the top of the forum, and countless retail investors were expressing their willingness to follow him.
Those retail investors who were originally observing the situation joined in after seeing the popularity of the post and the support from many people.
Just as the stock price was about to hit rock bottom, Chen Ze issued a mobilization order on the forum: "Brothers, it's time to fight back! Buy in now with all your funds."
Just then.
Jerry also rallied in the comments section, saying, "Everyone, fight back! Blow up those greedy devils on Wall Street!"
Then, Chen Ze gave instructions to Zhang Guoheng and the others.
"Quickly, everyone buy in with all your funds, buy as much as you can."
Upon receiving the boss's order, Zhang Guoheng and the others quickly typed on their keyboards.
Meanwhile, retail investors across the United States began buying Electronic Arts stock.
Instantly, a large amount of retail investor funds flooded into the market, and the stock price began to stop falling and rebound, with the upward trend becoming increasingly rapid.
Citron Research clearly didn't expect this to happen. They frantically dumped shares, but they couldn't stop the buying power of retail investors.
Short selling pressure began to decline, and stock prices soared.
Zhang Guoheng watched the funds in his account steadily increase, his hands trembling with excitement: "Big boss, we succeeded."
Chen Ze smiled slightly, looking as if he had everything under control, as if everything was within his calculations.
"Guoheng, don't be so happy yet. Citron Research won't give up so easily. They definitely have other tricks up their sleeves," Chen Ze said calmly.
As expected, Citron Research began to join forces with several other financial institutions in an attempt to drive down the stock price again.
The market situation changed drastically, and stock prices began to fluctuate wildly again.
However, this time the retail investors were mentally prepared. Under the call of Chen Ze and Jerry, they held onto their stocks firmly and even continued to increase their positions.
The two sides were locked in a fierce tug-of-war.
As time went on, Citron Research began to experience funding gaps, and their short-selling strategy gradually lost its effectiveness.
Meanwhile, the collective strength of retail investors grew stronger, and the stock price steadily rose.
On the other end.
Inside the trading room of Citron Research on Wall Street, an elderly man with white hair personally oversaw the operations.
Seeing EA's stock price steadily rising, he immediately ordered, "Everyone, increase your efforts to drive the stock price down!"
He had barely finished speaking.
All the traders quickly got to work, and the entire trading room was filled with the sound of keyboards clicking.
Ten minutes later, Electronic Arts' stock price began to slowly decline again.
However, the white-haired old man was still not satisfied with this result.
He took his phone out of his pocket and made a call.
The call was connected quickly.
The voice of the CEO of Frost Fund came from the other end of the phone.
"Your Excellency, is there something you need from me?"
"Tom, help me drive down the price of a stock called Electronic Arts," the old man said bluntly.
"Electronic Arts?" the other party replied after a moment of silence.
“Your Excellency, helping you is no problem, but you have to give me something in return, right?” Tom said.
The white-haired old man thought for a moment and said.
“You helped me this time. After this is successful, I will transfer the Virgin Island near Las Vegas to you.” He knew that the other party had always coveted his Virgin Island.
Tom said happily on the other end of the phone.
"You said it yourself. Well then, I won't take advantage of you. I'll buy it for one million US dollars."
Upon hearing this, the white-haired old man's lips twitched, and he cursed inwardly, "Damn it, he bought an island for a million US dollars and still says he didn't take advantage of me."
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