This wave of selling orders worth one billion was naturally directed by Lin Shen and Ouyang Qianyi to sell.
Because he couldn’t wait any longer. Although the Internet bubble burst in the past two days, Lin Shen didn’t mind being the one who made the first kill. The bubble is already big enough to burst anyway, so why not pop it yourself?
Everyone is familiar with the routine of selling billions of dollars in stocks. What was sold was definitely not Lin Shen’s own stocks, but the stocks borrowed from brokers.
Borrowing at high points and paying back at low points is a trick that is so familiar that it cannot be more familiar.
The sell-off of one billion dollars, and the sell-off was in the stocks of Internet giants such as Cisco and Dell, suddenly caused a panic in the market.
In fact, this time point itself is very sensitive.
First, at the beginning of this year, many Internet companies were exposed to scandals of founders squandering money by going public.
Second, the annual report on the performance of Internet retailers for the previous year released in March showed that the performance of Internet retailers was not very good.
Third, the federal government’s case against the Internet giant Microsoft for alleged monopoly has been officially heard. There are already rumors that Microsoft is very likely to lose the case this time.
All the not-so-good news came together, and in the new week, there was selling as soon as the market opened, which immediately caused panic in the US stock market.
The most shocking thing is that after Jinyang Capital sold P shares for one billion U.S. dollars, I don’t know which securities institution was frightened, and then followed Lin Shen to sell a large order worth hundreds of millions of U.S. dollars.
It was so exciting on Monday morning, and investors in Stars and Stripes were no longer calm.
Because what ordinary investors think about when they come up is whether it’s going to be over and someone is going to run away.
As a result, an exciting scene occurred, and the Nasdaq index began to fall rapidly, which can be described as a sharp plunge. Several large orders appeared in the market one after another, stimulating the entire market to decline even more rapidly.
Investors, funds and institutions have begun to think of ways to liquidate, and there are more and more sell-offs in the market.
Under this circumstance, the Nasdaq index has been declining. When the market closed last week, the index was still over 5,100. When the market closed on Monday evening, the index had fallen to 4,879 points.
It’s terrible.
Throughout the day, the entire investment street of Stars and Stripes was immersed in a huge blow. The sharp decline of the Nasdaq index caught everyone off guard. The phone calls of all securities companies and fund companies in the investment street were bombarded by investors.
But everyone knows that this is just the beginning.
Because once an avalanche starts, it can’t stop.
That night, major media outlets across the Stars and Stripes began frantically reporting on Nasdaq’s sharp decline today. Economic and financial experts from all walks of life analyzed it. Those who had long been pessimistic about the Nasdaq index jumped out and began to say that the Internet bubble had burst..
Among these people are people from Jinyang Capital’s branch in Stars and Stripes. the next day.
Even without Lin Shen going short, investors and major institutions staged a desperate escape, scrambling to be first and every second counts.
There were more and more selling orders in the market, and the stock prices of all Internet companies began to plummet.
Of course, the panic caused by the plummeting stock prices of Internet companies has also caused the stock prices of other non-Internet companies to plummet. The three major U.S. stock indexes fell collectively, with the Nasdaq index falling the most.
Now, everyone saw clearly that this time, someone was going to jump off the building again.
Because this isn’t some stock market correction that market analysts are telling them is something big is going to happen.
The next day ended in a whimper, with the Nasdaq sliding again, with no sign of a comeback.
The same was true on the third day, with the Nasdaq still falling.
Experts from all walks of life have come out. They have asserted that the stock bubble of Internet companies is huge. This time the Nasdaq index plummeted, the bubble burst. The Nasdaq index will continue to decline in the future, and it is far from falling. By the time it’s over.
These experts and newspaper reports only exacerbated the panic.
The fourth day, the fifth day, the sixth day, the seventh day, the eighth day.
The Nasdaq index is still falling, and the stocks of countless Internet companies are already in a miserable state, without any exception. Companies like Cisco, Amazon, Dell, and Apple are no exception, and their stock prices have fallen.
The Nasdaq is still falling.
Everyone finally gave up their fantasy and accepted the reality. The bubble burst and they lost everything.
Those market analysts finally stopped using technical adjustments to fool customers. They directly told customers that the bubble had burst and the money was gone.
At this moment.
Stars and Stripes Investment Street
“Is this the famous investment street?”A Chinese girl, accompanied by her boyfriend from Stars and Stripes Country, came to Investment Street for sightseeing.
“Yes, this is the place with the most wealthy people in the entire Star-Spangled Country! The New York Stock Exchange, Nasdaq, and the Futures Exchange are all on this street. This street is also a gathering place for consortiums, investment banks, securities firms, trust companies, insurance companies and other companies. The transactions of stocks, futures, gold and foreign exchange carried out here every day affect the entire world economy!”The boy said excitedly, dancing with joy.
“So awesome.” said the girl
“Of course it’s awesome! Have you seen how many sports cars we see on this street? People here are so rich. The money they spend on eating for one day may be someone else’s month’s salary!”The boy continued to introduce excitedly
“Yes, there are too many rich people.”The girl also said with blurred eyes.
“After I graduate, I will also work in the investment street! Live a life that everyone envies!”The boy waved his hand and said loudly and happily
“People here are so rich, so they must not have any worries, right?”The girl said with some envy.
“This question for me……”As soon as the boy finished speaking, a black shadow fell from the sky and landed in front of them. boom!
Flesh and blood splattered everywhere, and the bodies and faces of the boys and girls were covered in blood.
A bloody corpse fell to pieces and stared at them.
“Ahhhhh!”The girl let out a shrill scream.
The boy was not much better. He sat on the ground with his buttocks, his face was pale, and he couldn’t say a word.
“Someone jumped off the building again!”Someone shouted in the distance.
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