When I am reborn in Hong Kong, I just want to lie down

The final result of this meeting is unknown, but Volkswagen's stock price has risen to more than 450 euros like a rocket.

After more than two months of acquisitions, Porsche routinely announced the progress of the acquisition. They had received 42.6% of Volkswagen shares. On that day, the stock price exceeded 480 euros. So far, the stock price has maintained this position and has not moved.

Then, as in history, the loan negotiations between the bank and Porsche broke down, and the original loan would also be called back. Porsche would have no funds, and even Porsche would be on the verge of bankruptcy, not to mention the plan to acquire Volkswagen.

The news came that Volkswagen’s stock price rose from the original 30 euros to 480 euros. Volkswagen’s stock price was like a big, blown bubble. It was already very scary, and now no one knows when it will burst. I heard People were frightened by this news, but the stocks in the market were in the hands of a few people, and the real sellers, the short sellers, after six trading days, the stock price was directly pulled from 480 euros to 200 euros.

October 10th is Sunday, and Porsche leisurely released the news that Porsche actually owns 26% of Volkswagen shares, which is just a shudder away from the 74.1% controlling stake.

All the short sellers immediately broke into a cold sweat when they received the news. At this time, only 5.8% of the shares were still circulating in the market, and the number of short orders was as high as 15.4%.

If you want to close your position, you must snap up the remaining 5.8% of the shares. At the same time, there will be 9.6% of short orders that cannot be bought at all.

The long side loses all their principal and leaves; the short side is not so lucky. If the long side knows the trump card of the short side and has sufficient funds, they can do whatever they want, and the loss of the short side is The profit of long parties, and short selling is mostly leveraged trading, which will multiply their losses.

The next day, the stock price rose so fiercely that the short sellers felt so cold. The stock price directly rose to 1234.56 euros. This price was Li Bu's bad taste. It had no other meaning, just for fun.

On this day, Volkswagen’s market value is the largest company in the world.

The Volkswagen Acquisition case was also the largest short squeeze or short squeeze case in the world, and this battle also caused short sellers to lose more than 300 billion euros. In just one day, the atmosphere in the entire exchange was unprecedentedly tense and exciting, and other stocks basically stopped. After the transaction, those long parties frantically bought stocks, but the trading volume that day was very small, reaching a situation where there was a price but no market.

Adolf Merck, the German tycoon with the fifth-largest personal net worth, committed suicide on a train. Because of this short-squeeze war, the tycoon lost all his family property and owed hundreds of millions of euros in debt. He was not alone. There are many more people who have chosen the same ending as him.

The cruelty of capital cannot be fully described in words. Those super predators behind it just have an idea and a layout, and countless people are wandering between life and death.

The next day, Volkswagen's share price remained unchanged at 1234.56 euros.

At this time, some people began to wonder what method Porsche used to own so many shares so quickly, leaving others puzzled.

First of all, analyzing all the evidence, it is said that they bought in advance, but they did not have that much money. They really did not have that much money.

Moreover, there is no way of knowing when they will take action. If they want to acquire it from the stock market quietly, it will not be possible for less than ten years.

In the previous life, Porsche carefully planned this situation through a loophole in the Frankfurt Exchange and lured you into a trap.

Options are originally used to buy a stock right in the future with a small amount of money. However, due to a regulation of the options exchange, if the purchaser of stock options is willing to pay the full premium based on the stock price, he can decide by himself when to publish his options. holdings.

In other words, at that time, 31.5% of the call options were purchased in full payment through the options market. It was this rule that almost no one would read, and it cost the short-sellers half their lives.

From this point of view, if you want to compete with others in a business war, you must take care of all the details before planning. At least, you cannot let the prey know more details than you do. Moreover, what the prey knows, the hunter must know; What the prey doesn’t know, the hunter also needs to know.

Moreover, from beginning to end, everyone’s focus was on Porsche, not on the partner.

The short sellers didn't know what kind of connection they had found, so they persuaded the stock exchange, took the lead, found Porsche, and asked it to release part of its shares. Then these giants had a decent way to leave.

Porsche has no control over this matter. They are not the ones who really make money. Moreover, this is one of the details of their transaction. However, they said they would go back and discuss the price at which the shares should be released.

Porsche protected the opponent, and all the infamy was taken by Porsche.

In the end, the two parties closed their positions at a price of 958 euros, and the short sellers returned home defeated. On the surface, Porsche became the biggest winner.

After the transaction was completed, Porsche owed a debt of 200 billion euros. The loan bank was the Swiss efg bank, and the collateral was Porsche and half of the Volkswagen shares it held.

Those strangers made 400 billion euros and left in style. In order to show their friendship as allies, Porsche's debt was reduced from the original 200 billion euros to 180 billion euros.

All history has changed slightly, but some things that are about to happen have not changed. It is just that the time and personnel have changed. Also, this acquisition has laid the groundwork for a crisis for Porsche.

For some people, these changes are a good thing worth celebrating.

When 400 billion euros were remitted to the Swiss EFG Bank through different channels, they were bought into gold through various channels.

That's right, it's safest to buy gold with these legal incomes. I have too much money and I don't know what to buy.

After this incident, the people who participated in this team left Europe one after another. Some entered the mainland through Da Mao, and then temporarily worked in the mainland. Some entered London, changed their vests, and became some ordinary financial institutions. clerk.

Li Bu received the reports compiled by these people, read them carefully, and had them burned to ashes in a vat in front of him. Then he had someone open a bottle of champagne, poured a glass, and drank it himself. One mouthful.

"Today is such a good day!"

He found that he was becoming more and more like a villain.