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Chapter 701 Discourage

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    ??

    But now someone has cut off the position and asked Mr. Ren for instructions. He also raised the purchase price, but only received a small number of shares to buy at a higher price than the other party.

    For most stocks, just keep buying at the current price. If the other party follows up and cuts off the stock, don't worry about him.  Just concentrate on doing your own thing.

    Hall thought the Ren family was crazy, but he didn't expect that he was just waiting for an opportunity. The speech coming from Washington was this opportunity.

    ¡°Perhaps the Ren family has already anticipated all this.

    First, the stock market plummeted at the opening of Monday, and then some people may come up with information about closing the exchange, whether it is official words or stock market rumors.  This will definitely put a lot of pressure on traders to a certain extent.

    Finally, traders who could no longer bear the pressure dumped their stocks in large quantities.  At this time, Ren Jiacai, who was waiting for the opportunity, was like a tiger descending from the mountain, devouring the buying market wantonly.

    It may not take more than an hour for the Ren family to close the position.

    But it¡¯s a pity that the Ren family met him.

    The corners of Hall¡¯s mouth turned up almost to the corners of his eyes.  He saw all of Ren Jiacai's plans, and now he is successfully implementing his plans.

    By the end of today, Ren Jiacai, who cannot completely close his position, may have to call himself to beg for mercy.  At that time, no matter how much the stock in your hand is worth, I am afraid that the other party will have to pay a high profit to buy back the stock he needs.

    ? American time, two o'clock sharp.

    The Ren family called Hall's phone number.  Hall was surprised, but not surprised.

    What surprised him was that he thought that this call would come after the market closed or some time before that.  Not surprisingly, no matter what time, Hall believed that Ren Jiacai would definitely make this call to him.

    "Ren, do you have anything important to talk to me about now?" Hall said to the phone with a smile.

    Ren Jiacai did have something very important to ask him for, because he was about to sell it.

    "Yes, Mr. Hall, although some unpleasant things happened between us yesterday, I still want to make this call to you. Next, maybe you should consider selling your stocks."

    Hall was really surprised this time.  Because in his original assumption, the Ren Jiacai who called him now should be begging for mercy, but he did not expect that he would directly ask him to sell the stocks in his hands.

    And then let the Ren family buy these, so that he can close his position smoothly?

    "Ren, wait, I heard you right. Well, it seems that you did say something incredible. So, have you decided on a price for me? I can tell you that we have already  For $300 million, how much do you think we should get?"

    Hall believed that he was sure of victory, and what the Ren family had just said might just have been euphemistically said by some so-called Oriental people who were concerned about saving face.

    He still believes that the only thing Ren Jiacai can do at this time is to beg for mercy from himself.

    The Ren family is a little helpless.  This brother's head is a bit iron-y, and there is probably some very hard stone inside.  Why are you saying all these nonsense?

    But as an excellent Chinese, Ren Jiacai remembers his boss¡¯s words: No matter how weird things or people appear in the capital market, you have to face them squarely and not laugh at them as your first reaction.

    "I'm sorry, Mr. Hall, I didn't expect that my refusal would cause such great harm to your spirit. Maybe yesterday, I should have refused more skillfully. If it caused you some psychological stimulation, I'm very sorry.  Feel sorry.

    Finally, I would like to give you my sincere advice. After all, to be honest, this time we have a cooperative relationship with Goldman Sachs. I still don¡¯t want you to suffer any losses because of this.

    Seriously, Mr. Hall, you should seriously consider selling your shares.  "

    After saying that, Ren Jiacai hung up the phone without waiting for Hall's reaction.

    At 2:05 pm U.S. time, the Dow Jones Industrial Average rebounded, rising 350 points and successfully reaching the 2,000-point mark.  Because of Goldman Sachs' follow-up behavior, in the previous hour or so, Goldman Sachs only bought less than half of the 4 billion worth of stocks it knew about.  This makes the final settlement likely to be a full 600 million less than the boss's original planned settlement profit.

    "Because if you don't accept the 20 million transaction fee exemption condition, you will make 600 million less. This account is not clear for the time being."  Everything is not over yet. What the outcome will be is not to say that the boss has given a pre-judgment plan and it will definitely be like this.

    And highWhat he didn't know was that what Ren Jiacai brought to Wall Street was not just the $750 million, but he also had another $350 million, which was diversified and shorted.

    And unlike the contract with Goldman Sachs, the 350 million was heavily leveraged, and the final capital allocation, in total, almost exceeded 5 billion US dollars.

    But it is precisely because of this that the Ren family has to pay more attention to the changes in the 350 million market.  In fact, if it weren't for Goldman Sachs' troubles, the Ren family wouldn't have to pay much attention to the 750 million here. They would just wait to close the position and calculate the profits.

    Now, because Hall, who doesn't know if there is really a problem with his head, has restrained his energy, he has to be always prepared to prevent his boss from causing a lot of trouble due to his operational mistakes in a good situation.  loss.

    On the other side, Hall, who was hung up by Ren Jiancai, was already very angry.  He knew very well that as a professional securities dealer, investor, and senior manager, he should not be like now, about to be swayed by emotions.

    But just when his emotions were about to calm down, his assistant White told Hall, "It's gone up! It's gone up! Mr. Hall, the stocks we followed are now rising sharply!"

    White handed the latest report to Hall, almost dancing with excitement.  I thought it was just to snipe those rude yellow-skinned monkeys yesterday, but I didn't expect such an unexpected surprise.

    Hall did not expect that such a turn would occur.  He thought he had figured out Ren Jiacai's plan, which was to wait for one o'clock when there would be rumors of the stock market being shut down, buy a large amount of money, and close the position.

    Calculating this way, you might get a profit of around 20%.  But unexpectedly, it has risen again now.

    etc!

    Hall instantly thought of the news that the Ren family had just called to remind him to sell his stocks immediately.  What if Ren Jiacai was serious?

    So he doesn¡¯t really want to go against Goldman Sachs, so he reminds himself that after the next sale, Goldman Sachs will get the benefits that it failed to get from Ren Jiacai?

    However, there is a high possibility that Ren Jiacai is really under his own attack and may not be able to close his position today.  Failure to close the position, or closing the position at a high level, would be a huge blow to Ren Jiacai.  (Remember the website address: www.hlnovel.com
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