Rebirth of the Financial Crisis Sweeping the World

Chapter 386: Two Wall Street tycoons join forces to attack!

Chapter 386 386 The two Wall Street tycoons join forces to attack!

Wang Guanxi looked at Citibank's stock price reaching 44 US dollars per share, with joy on his face and a little excitement in his heart.

"Citibank should be quite perfect this time."

Seeing that Citibank's stock price seemed to be stable at $44 per share, he couldn't help but clenched his left fist.

“The stock price of Citibank will definitely be stable.”

This time Soros and Feld, two Wall Street financial tycoons, once again shorted Citibank, but were blocked by Wang Guanxi.

Fund No. 2’s bargain hunting of Citibank seems to be exceptionally smooth.

Huang Shaokai also said excitedly: "BOSS, Soros and Feld must be scared."

Zhang Dexi also said: "Maybe they are shorting on a small scale this time, right?"

Wang Guanxi smiled and said: "Perhaps, they got scared when they saw that they were blocked."

The U.S. stock market opened tonight. This time Fund No. 2 made a large purchase, causing Citibank's stock price to rise from US$36 per share to US$44 per share.

Basically, the short forces in the market have been cleared for the time being. At present, the bulls have some upper hand and have steadily fixed Citibank's stock price at 44.00.

Wu Zhankun also said excitedly: "Soros and Feld no longer dare to go short, haha."

Wang Guanxi thought for a while and said: "Maybe these two guys are temporarily timid. In a few hours, they may go short again."

This time Fund No. 2 bought a total of 45 million shares, with a position of $40 per share.

The floating profit per share is US$4, the temporary floating profit on the book is US$180 million, and the net value is as high as US$1.98 billion.

Then Wang Guanxi fell into thinking.

"I hope the net account value of Fund 2 will stabilize at more than 2 billion US dollars."

"If Soros and Feld were to aggressively short-sell, Fund No. 2 might also lose a lot of money."

Having said this, he stared at Citibank's stock price.

Wang Juehao: "BOSS, even if they go short again, they may only have small funds entering the market."

Bai Weiqiang also said: "There are also more and more other bulls in the market, and they can support Citibank's stock price at any time."

The bulls in the market are currently driving the bullish rhythm in the market because of their large purchases.

Nowadays, many investors are buying Citibank's stock.

After all, Citibank's stock price has fallen to an all-time low.

Many retail investors like to buy bottoms when prices are at historical lows. These retail investors include small businesses, the middle class, and even the rich.

Wang Guanxi smiled and said, "That's true."

Then he glanced at the news and saw that many of them were negative for Citibank. Some analysts even said that Citibank would go bankrupt.

So Wang Guanxi said again: "By the way, let the news out, our Black Shirt Group is optimistic about Citibank's prospects!"

"Yes, BOSS" Then everyone immediately went to make arrangements.

··

And now Soros Quantum Fund.

Soros and Feld were drinking tea.

Citibank's stock price has surged from $36 per share to $44 per share.

Obviously, their second short bet on Citibank was blocked by other financial institutions.

Citibank's stock price currently stands at $44 per share.

Soros said with a somewhat gloomy face: "Feld, we have been blocked, and now the bulls in the market have become very strong, we need to be more cautious now."

When he shorted Citibank stock before, he was still very confident, but when the stock price fell to 36.00, it suddenly skyrocketed.

No need to guess, you know that a financial institution bought a large sum of money to buy the bottom, causing Citibank's stock price to reverse and rise.

Then it drove the upward trend, and a large number of long investors began to follow suit.

Citibank's stock price has now stabilized at $44 per share.

Feld said: "Now it's just some retail investors following the trend and entering the market to buy Citibank shares. Don't worry, we will go short again after they are exhausted by other short sellers in the market."

They had shorted Citibank's stock before, and together with other investors who sold Citibank's stock in the market, Citibank's stock price was suppressed to 36.00 in one fell swoop.

But I didn't expect that as soon as Citibank's stock price touched 36.00, a financial institution suddenly bought Citibank's stock at the bottom with a large amount of money, which then set up the rhythm of the bulls and made the bulls stronger.

But Feld believes that this bullish momentum will soon disappear.

Soros listened to Feld's words, thought for a moment and said, "What you said makes sense."

At this time he saw a message.

Blackshirt Investment Bank: The U.S. government will rescue Citigroup at all costs, and Citibank will survive the crisis

Blackshirt Insurance: The U.S. government will guarantee 300 billion in Citigroup’s non-performing assets to avoid a new round of financial tsunami

Soros was stunned.

"Black Shirt Investment Bank!"

"Blackshirt Insurance Company!"

Soros has had many conflicts with the Blackshirt Group. He suffered huge losses from the Blackshirt Group in Lehman Brothers and Wachovia Bank.

"This time it's the Blackshirt Group that bought the bottom of Citibank. Feld, we may be in a bit of trouble."

Feld didn't know much about the Blackshirt Group, had never fought against it, and didn't pay attention to it. He had a very vague concept of the Blackshirt Group in his mind.

Although the Black Shirt Group became famous a few times, it kept a low profile for two months, and most people have forgotten about it in today's information explosion.

"Blackshirt Group, what kind of company is it?"

"Soros, you seem to have a deep connection with it?" Feld looked at Soros curiously.

Soros smiled and said: "I have had several holidays, and I have fought against them at Lehman Brothers and Wachovia Bank."

Normally he would not mention the Black Shirt Group in front of anyone unless others asked.

Feld: "The black shirt group is so optimistic about Citibank's stock price, it must be because they bought Citibank's stock at the bottom, haha."

Soros said: "Feld, this black-shirted group has made a lot of money in the financial market. I usually like to pay attention to this financial group. They have almost never lost money. These people are very confident and arrogant, but... They always got it right, and I didn’t find any big mistakes they made.”

This Blackshirt Group seems to be keeping a low profile recently. There has been no big news about the Blackshirt Group for two months.

He once suspected that the Black Shirt Group had trapped a large amount of money in Amazon and Tengxun Group, but he did not expect that Citibank would suddenly jump out and buy the bottom of Citibank with a large amount of money, which made him very confused.

Feld: "They made a mistake this time by going long on Citibank. I made them suffer a huge loss on Citibank."

Then he looked at Citibank's stock price and said: "Citibank's stock price will continue to fall in the future, and they will be trapped by buying large amounts of money at the bottom."

Soros nodded slightly.

At this time, Roger Bowers, the vice president of Soros Quantum Fund, came up and poured tea for the two big guys and said: "Boss, Mr. Feld, Citibank's stock price has risen again."

At this time, Soros and Feld took a look and found that Citibank's stock price had risen to $46 per share.

Feld said excitedly: "Go short."

They borrowed a lot of stocks before, but they haven't polished them yet. Now the stock price has reached 46 US dollars, which is a good time to go short at a high level.

Soros nodded: "Okay, short selling here is really good."

Then they started shorting.

1 million shares!

1.51 million shares

1.86 million shares

920,000 shares

2.45 million shares

···

Citibank's stock price was shorted and fell again.

··

$40 per share.

The stock price is temporarily supported.