American Fortune Life

Chapter 1270: King of Short Selling (48/66)

Global stock market turmoil has repeatedly set a record for declines. However, a newly-emerged small company in Britain with the nickname "London King of Short Selling" turned this financial crisis into their business opportunity. They are making money almost every moment, and they can continue to "make a lot of money."

"I like crisis!"

Simon Cock, 45, is one of Andy Smith's main financial operators in London's financial group. It took only one year to gain fame within the circle of British stock exchanges for his ability to sell short.

This month he made a net profit of 25 million pounds, or about 43 million US dollars, in less than an hour, and the stock he chose was diving like he expected at the opening.

"I like this crisis because some people seem stupid at this time," he said with a smile. "I have always liked the rapidly changing stock market situation, because people who are not smart enough make more mistakes at this time, but I can make money from it."

In the modern, simple and bright office lobby, Simoncock is lying on the boss chair, his feet are on the desk, holding a coffee, a smile on his face, with a smug tone in his tone and other colleagues. At Niu 13, there are 4 computer screens on the desk displaying various stock market indexes.

"Fxxk!"

A bunch of erected middle fingers and disdainful rumbling sounded, Simon Cocker still very arrogantly bragging, and ignored the ridicule of colleagues, anyway, when others suspicion in the future, they will and they Again, envy, jealousy and taunt.

Of course, Simon Cork is very clear that everyone who is present to make money is short selling, and the secret to making big money is to believe in his own judgment.

Short selling means that investors borrow stocks from brokerage companies and other markets to sell them on the market, and then buy stocks from the market to return them in the future. If the stock price falls after the investor sells, the investor can earn the difference.

This investment method is not without risks. If "betting" stocks rise instead of falling, investors will suffer losses.

Cork is obviously confident in his judgment. He continued to shamelessly share his secret of success: "My theory is that out of 100 opponents, I am smarter than 99. The remaining one, I will not let him win easily."

"I think fast and cautiously," he continued to brag in the voice of everyone, "I won't panic."

"I will make a lot of money!"

"Shut up, you bastard"

"Go to death!"

"Cracking"

"Assholes, you guys are jealous!" Simoncock hurriedly lowered his feet on the table, avoiding all the items flying at him, screaming and grinning at the corners of his mouth, knowing that he did give these guys to him Nausea is over, otherwise it won't be attacked in the 'time to succeed'.

"Pap!"

The manager of the London branch, Chelseagel, walked out of his office and looked at Simoncock, who was attacked by various flying objects. He just smiled, and then clapped his hands, raising his voice and saying, "Okay, Do n’t make a mess, get ready, it ’s time for the video conference and the boss wants to listen to our battle report! "

Simon Cock stood up from behind the computer screen, very gentleman dragged the hem of his haute couture suit, stroked his big oil head, looked around proudly for a week, and said to himself: "The **** And after a while, I will continue to share my secrets of success with you. "

In the eye, more than thirty middle fingers were erected high, and even Chelseagel shook his head helplessly and laughed. I don't know how long this so-called `` success time '' section can last, one shameless.

"Boss, according to the news, the British Financial Supervisory Authority will announce recently that investors are temporarily banned from short selling financial shares. The ban may involve the shares of about 30 listed companies ..."

In the conference room, the eyes of everyone in the London Financial Group focused on the screen wall behind the first position. On the screen was Andy Smith, who had just finished talking with Auburn.

After hearing Chelsea's report, Andy did not seem to be surprised by the news. With the introduction of the bailout policy, the stock market's plunge has still not been stopped. More and more accusations of short selling are the reasons for the current turmoil in the financial market. First, some regulators suspect that the plunge in the stock prices of Wall Street financial institutions is related to the illegal behavior of some short-selling speculators.

And the power represented by Andy Smith, who has been making money with big shorts, has become a hate and headache for many people. They are more helpless speculators. They will not break the law, but they can pass huge funds. To hedge the target, even if they knew the other party's means, but under such a general trend, they could only watch them returning from the whole body again and again, leaving a **** and mournful messy scene.

Forced by the financial administrations of various countries, the only thing they can do to deal with such big shorts is administrative intervention, which directly bans shorting the most vulnerable financial stocks in the financial turmoil.

"Oh, then go short on the stocks of other companies! The British government ’s economic policy over the past 10 years has been a" crazy gamble ". The current prime minister, Gordon Brown, has relaxed low-interest credit during his time as Chancellor of the Exchequer. Why not Britain is not one of the root causes of the financial turmoil.

In the coming period of time, there will be large-scale public unemployment and corporate bankruptcy. Finding these companies out, we will make a lot of money! "

As for the decision of the big boss, everyone in the London office naturally has no objection, which is also an inevitable choice.

"How is the situation in Icelandic krona?"

"It is a mess. The Icelandic government has completely lost control of its currency exchange rate. Credit card companies around the world are at a loss. The exchange rate in the international market ranges from 1 euro to 200-300 crowns. The actual operation is 1 euro to 225 crowns. The purchase price of ice in the domestic market of ice is about 1 euro to 150 kroner, and Iceland's domestic foreign exchange reserves are too small, only 2 billion euros.

International speculators have swarmed in and have emptied their foreign exchange reserves. At present, except for Denmark and Sweden who have pooled US $ 2 billion to help ease the Icelandic government's bankruptcy crisis, other countries have refused to help Iceland. British Treasurer Alistair directly The use of anti-terrorism authority and the seizure of Icelandic banks' assets in the United Kingdom led to serious diplomatic conflict. "

"Oh, this is scared by the lessons learned from Argentina, the country's" Lao Lai ", which is also funny to say. Argentina has received the international neglect for 8 years. It is now seeking to remove the" Lao Lai "hat. Nowadays, the richest It's possible that Iceland is wearing this hat. Do you think the Russians will give Iceland the 4 billion? "Andy shook his head and laughed a bit.

In 2001, Argentina became an "old country" because of its unwillingness to repay its debts. It was left out of the international community for eight years. Iceland certainly does not want to repeat the mistakes of Argentina. It is too long to be left out for 8 years, especially if you only have left. When the fish is ready to eat.

"There are too many conditions nearby for the Russians, Iceland is unlikely to succeed in borrowing, and the European Union will not agree. The final shot may only be the International Monetary Fund, but the money must be in one step. Otherwise, it will only change. The fueling tactics will soon be hollowed out by international speculators using foreign exchange rates.

The Icelandic stock market suffered a plunge after the market opened on the 14th, with a drop of 77%, the largest single-day historical decline, and the highest point of the Icelandic stock market in October last year was as high as 8,571 points. More than 90%, with the 92% drop to win the global drop list champion.

Iceland, which has no real economic support and is completely a virtual economy, I can only go fishing as their Prime Minister said. "

"噗嗤"

"Haha ..." Andy didn't hold back, and laughed directly. The uncomfortable people who started to laugh also started to laugh. As Iceland has many people and few natural resources, Prime Minister Harder saw the collapse of the banking system. The krona depreciated sharply and prices skyrocketed, and Iceland's residents' consumption levels dropped significantly, so they had to come forward and suggest that the people fishing on their own to save food expenses.

Andy also feels funny. The Icelandic stock market, despite the feelings of 1.3 billion Tianchao people, has blatantly plunged after the opening on the 14th, a drop of 77%, exceeding the one-year drop of Tianchao A shares, and openly challenging the Tianchao diving champion ...

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