When the U.S. stock market closed yesterday, GameStop's share price had exceeded US$230 per share. During today's pre-market bidding, GameStop's share price rose further.
Xiangcheng Financial vaguely felt that something was wrong!
Are retail investors so powerful?
There are also people from Xiangcheng Financial lurking in the retail investor forum, but they feel that the power of retail investors should not be so strong.
At 9:30 pm Summer Time, 9:30 am Bald Eagle Daylight Saving Time, the U.S. stock market opens.
When the U.S. stock market opened, retail investors immediately took action. They continued to commit crimes, causing GameStop's stock price to rise further.
In just ten minutes, GameStop's stock price has risen from more than 230 US dollars per share to a high of 270 US dollars.
Xiangcheng Financial looked at this situation, hesitated a little, and once again chose to go short.
However, this time they only released 5 million shares, and placed short orders at a price of $300 per share, thereby earning more profits.
Although it had a high price of US$300 per share and a total of 5 million shares, Orange Financial underestimated the madness of retail investors. All 5 million shares offered by Orange Financial were easily swallowed up by retail investors. Get down!
And it only took retail investors less than ten minutes to swallow them all.
Faced with such a result, Xiangcheng Financial was in a dilemma.
Judging from the current situation, retail investors really don't seem to be afraid of death. Even though they know that GameStop's performance cannot support such a high stock price, they still support GameStop's high stock price like moths flying into the flame.
Faced with this situation, Orange Financial has only two options.
The first option is to admit defeat!
Orange Financial has shorted more than 30 million shares of GameStop. They can choose to admit defeat and lose part of their profits in order to save their money.
According to the current situation, if you choose to admit defeat and Orange Financial repurchases the shares of GameStop to fill the short order, it may lose more than 5 billion US dollars, or even more.
Such a result would be a serious loss of vitality for Xiangcheng Financial, and may even lead to the disbandment of Xiangcheng Financial.
After all, if you lose more than half of the financial institution's funds at one time, why not just dissolve it?
The second option is to go all the way!
Since retail investors have to unite and fight to the end, Orange Financial can also choose to fight to the end. The two sides compete for the depth of funds to see whether Orange Financial will push retail investors to the ground and rub them, or retail investors will create history and defeat financial institutions.
But there's a huge problem with the second option.
If Orange Financial loses...
Then Xiangcheng Finance will completely fail. Not only will tens of billions of dollars of capital be wiped out in a wave, but it may also be in debt.
An Liang soon discovered the choice of Xiangcheng Financial.
Xiangcheng Financial chose to stick to the end!
This time, Orange Financial did not let the short-selling price exceed the current stock price in order to obtain more benefits. Instead, it directly lowered the price to US$200 per share, thereby trying to hit GameStop's stock price.
What's more important is that Xiangcheng Financial made a big move and actually sold 10 million shares at once.
Such a price made An Liang feel a little tempted.
But Anliang is very sensible!
An Liang is both greedy and not greedy.
This statement seems contradictory, but in fact it is not contradictory at all, because Anliang can restrain himself very well. Anxin Investment has already bought 23 million shares of GameStop, accounting for nearly one-third of GameStop's total share capital.
If we continue to purchase additional shares of GameStop, Anxin Investment will hold too many shares of GameStop, and retail investors will not be able to obtain enough shares, causing unexpected situations.
So when faced with Orange Financial's one-time short order of 10 million GameStop shares at US$200 per share, An Liang remained indifferent and just chose to watch the show.
Fan Ping was a little moved when he saw it, and he took the initiative and said,"Mr. An, shall we continue to buy some GameStop shares?"
Li Gang seconded,"According to the current market sentiment and GameStop's stock price, we will definitely buy it now. Guaranteed profit, no loss."
An Liang refused,"Keep the position of 23 million shares unchanged and wait for retail investors to join."
These 10 million short-selling orders effectively suppressed the stock price of GameStop. The original stock price of GameStop has already It broke through US$300 per share, but Orange Financial poured cold water on it, causing the stock price to fall directly to US$230 per share, restoring yesterday's closing price.
Fan Ping was a little worried and asked,"At what price should we sell it?"
"It's still early!"An Liang responded.
It is normal for prices to fall now. An Liang has predictions of GameStop's stock trend information in the next five days. He is very clear about the future situation and feels very at ease!
"Lao Fan, Lao Li, don’t worry, I will tell you when it’s time to close your position. We just need to wait patiently now. This battle between retail investors and financial institutions is not as simple as it seems."An Liang added calmly.
On the surface, the battle surrounding GameStop seems to be a battle between Orange Financial and retail investors, but in fact, Anxin Investment and other financial institutions are hidden among retail investors.
Retail investors are just one of the forces!
Besides, retail investors haven’t really exerted their strength yet....
You'll Also Like
-
A noble son from a poor family
Chapter 81 289 days ago -
Entertainment: Take advantage of Tianxian’s youth and give her a boss’s license
Chapter 63 289 days ago -
I am Wen Zhong!
Chapter 54 289 days ago -
Industrial Survey: Are you a private enterprise engaged in black technology?
Chapter 52 289 days ago -
In the mixed martial arts adventure, all the heroines are broken
Chapter 61 289 days ago -
Let you write about a small character's counterattack, and you write about the Hongwu Emperor
Chapter 53 289 days ago -
Super God: Knock out Hua Ye and drag Kesha into the woods
Chapter 61 289 days ago -
Siheyuan: I, Qi Tongwei, started in 1980
Chapter 50 289 days ago -
Xuanxian Supreme
Chapter 190 289 days ago -
Siheyuan: I am a fool, and I show off to the audience
Chapter 53 289 days ago