Reborn Russia As An Oligarch

Chapter 309 What’s the fraction?

The current stock market is indeed experiencing a "stock market crash". The market is plummeting and all stocks are plummeting!

In addition, the U.S. stock market has a "T+0" trading system. You can buy and sell at any time, and the liquidity is very good.

In addition, there is no limit on the increase or decrease. Even if your stock price is ten thousand dollars at this moment, it may drop to one cent the next second...

The range between the rise and fall is absolutely astonishing!

So after today's catastrophe, the stock market sentiment has been greatly impacted, and it seems that everyone has become irrational.

Everyone is "selling, selling, selling"!

It seems like this country is about to end...

But is this really the case?

How much impact will the catastrophe that occurred today have on all walks of life in the United States?

These require time and rationality to analyze.

Therefore, the current plunge in the stock market may be just an overreaction of everyone. When everyone comes to their senses and finds that the prices of many stocks are too low, it is estimated that it will become a "buy, buy, buy"...

The "circuit breaker" mentioned by Wang Ye is also very likely to happen.

It is impossible for regulatory authorities to watch the stock market fall without limit, as that would trigger a series of disastrous consequences, so they are likely to take measures immediately.

………………

After thinking about this, Milner didn't care to say anything else and said in a hurry: "Boss, I understand! I will close the position and cash out right away!"

After hanging up the phone, a series of instructions went down, and everyone in Milner's small team was working nervously.

Reports came and went.

"Boss, I'm sold out here, it's very smooth!"

"Several of my accounts here also closed their positions and left the market smoothly."

“Cash out completed!”

"Ha, everyone is bearish now, but we are idle and bullish. Those short orders are so popular, as soon as they are thrown out, they are all sold out immediately."...

Cashing out is still very smooth, because at this time point, it can be said that all investors are pessimistic.

Maybe some people can see that the market has overreacted and there will be a correction in the future.

But no one can guarantee how far it will fall before a correction occurs.

But one thing everyone knows is that as long as you are bearish at this moment and have a short order in your hand, you can make a lot of money!

Because of this, Milner and the others cashed out very smoothly.

Many people may not understand how to switch from short selling to long selling. To put it simply, when you want to short a certain stock, if you are in China, your account also needs to have margin trading permissions. The funds in the account exceed the threshold. Five hundred thousand yuan.

Naturally, it’s even simpler in the U.S. stock market, and any account can go short!

In essence, short selling is credit. If you are short a stock, you can borrow the stock through many methods to sell it and return it after the stock falls.

To put it simply, when a stock is priced at $100 and you are not optimistic about its future stock price, then you can "borrow" 10,000 shares from a brokerage and sell them directly!

When the stock price plummets, for example, to $1 per share, you buy another 10,000 shares and return them to the brokerage. It cost ten thousand dollars.

During this entire short selling process, you made $990,000!

…………

After everyone had closed their positions, Milner compiled the data.

The final profit was a number that dazzled him, 1120840000...

Of course, he doesn't need to count to know what this string of numbers is, because he doesn't need to look at the rest, he only needs to look at the first two digits.

1.1 billion!

After calming down for a while, I was about to call Wang Ye to report when suddenly a subordinate shouted, "Boss, the US stock market has melted down! All transactions are suspended, and the recovery time will be notified until further notice!"

Milner's heart trembled, and he was secretly glad.

Fortunately, I strictly abided by Wang Ye's instructions. After hanging up the phone, I didn't hesitate and asked my team to clear the warehouse and "run away" immediately.

If I had hesitated for a few minutes and been a little greedier, I probably wouldn't have been able to escape!

That's how it is in finance. No matter how much profit you have on your books, it's just a number.

As long as you haven’t completely cashed out and left the market, the money you earned is not real money!

At any time, because of a "black swan" or some breaking news, the profits on your account may turn into naught...

As expected, all trading in the U.S. stock market has been suspended now. When trading resumes, the market sentiment is estimated to have calmed down, and the stock price may start to rebound. If you want to run at that time, the profit margin will be smaller, and it will not be that easy to close the position. Got it!

At this moment, Milner was convinced by Wang Ye!

As for how Wang Ye "predicted" that there would be an avalanche in the U.S. stock market recently, Milner couldn't understand it at all.

Of course, he would not associate Wang Ye with what happened today...

However, Milner was really impressed by Wang Ye's prompt decision to close his position and cash out.

Ordinary people, including myself, would find it difficult to control ourselves when faced with the temptation of huge profits!

If it weren't for Wang Ye's order, I would definitely not be willing to close the position immediately and leave the market, because I still want to make more money...

But if you really wait for more than ten minutes, the market will be "closed" and all transactions will be suspended!

It was just a little bit close, I almost didn’t run out!

…………

After dialing Wang Ye's number, Milner reported that everyone had left the market and the total revenue had reached US$1.12 billion!

Even Wang Ye felt a little shocked when he heard this number.

Because it’s so easy to make money!

From the time he started borrowing money, to the time he started investing in the market, and then to cashing out today, the whole process only took eleven days!

As a result, I earned 1.1 billion U.S. dollars, which is equivalent to making 100 million dollars a day...

"What should we do next? Do the funds need to be transferred back to Russia?" Milner asked again.

Wang Ye shook his head and ordered: "Don't use the funds for the time being, because our Polar Bear Investment Company will soon open a branch in the United States. This money will be converted into shares of the investment company, and it will also be the start-up capital for North America. . Oh, by the way, transfer the change to my personal account."

Milner asked stupidly: "Several change? Is it the more than eight hundred thousand US dollars?"

"No, it's more than 100 million. It's enough to leave only 1 billion in the account." Wang Ye said.

The reason why he kept one billion US dollars was naturally because of the agreement he reached with Hovchenko to use the money to invest in Polar Bear Investment Company.

The extra US$100 million is definitely just a fraction to Wang Ye.

Just transfer it directly to your personal account. There are still many places where you need to use money later.

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