Rebirth of the Financial Crisis Sweeping the World

Chapter 477 477 Unexpected profit of US$5 billion!

The next day, July 16th.

U.S. stocks closed higher again on Thursday as large technology companies are set to announce positive results.

The Nasdaq Composite Index, which is heavily weighted in technology stocks, has risen for seven consecutive trading days and closed at a new high since October last year.

The Dow Jones also rose 100 points.

It rose from 8600 to 8700.

Fund No. 1 had a floating profit of 800 points on its books, totaling a floating profit of US$4 billion.

The net account value is as high as US$9.8 billion.

Wang Guanxi said excitedly: It will soon exceed 10 billion US dollars.

Wu Zhanhai said excitedly: BOSS, I will definitely make more than 5 billion US dollars this time.

Wang Guanxi smiled and said: Not necessarily, I hope to get 5 billion US dollars.

Wu Hongsheng: BOSS, Soros and others haven't run away yet. When they run away, the Dow Jones Index will definitely skyrocket by hundreds of points.

Li Guangyu also said: If the Dow Jones Index rises another hundred points tomorrow, Soros and others will definitely run away!

Wang Guanxi smiled and said: Soros, Feld, and Milos Messi must be very unwilling. I think they are still resisting and do not want to retreat.

Lu Jianyan said: BOSS, Soros and others have opened positions at a very high position, but the Dow Jones Index has already reached 8,700, and is still 300 points away from 9,000. If they don't close their positions at the opening tomorrow, it will be too late. It’s definitely time to exit the market with a loss.”

Guan Zhenyi also echoed: Just wait for Soros and others to close their positions, and then the Dow Jones Index will skyrocket, causing Wells to liquidate his position.

Lin Jiyang also said: I don't know how much available funds Wells still has on its books, and how long it can resist?

Wang Guanxi took a sip of tea and said, It should be soon. This Wells rose last year, and I will bring him back to his original form this year.

Stephen Stano: This Wells made a lot of money last year when the financial crisis broke out and swallowed up the Bank of America. This time it will suffer big losses from us.

Alan Fishman also said: After defeating Wells this time, we have swallowed up the Bank of America, which will make up for our lack of banking power in the eastern states of the United States.

Wang Guanxi nodded: I hope to defeat Wells in one fell swoop this time and take down the American Manufacturer's Bank!

Generally speaking, controlling a large company will not cost much if you rely solely on annual dividends. The bulk of the profits actually come from the appreciation of the stock.

Like the Ford Motor Company,

Today's stock price has reached US$7 per share, and the 1.5 billion Class A shares held by Wang Guanxi are already worth US$10.5 billion.

Then Wang Guanxi said: The American Commercial Bank has emerged from the financial crisis, and its stock price has risen a lot. Wells has made a lot of money on the stocks he holds, and the price is right. If he is short of money, They will definitely sell it to us!”

Everyone is looking forward to it.

Yes, just waiting for Wells to blow up.

Hurry up and liquidate your position!

···

At this moment, Wells was becoming more and more desperate.

Today, major technology companies have announced very good results.

The stock market surged.

The Dow Jones Index rose 100 points and now stands at 8,700.

He holds 600,000 long orders in his account!

The position of opening the position is 8250, with a floating loss of US$2.7 billion.

What should we do now?

If he closes his position, the Dow Jones Index will continue to skyrocket, and he may lose more than $4 billion.

If he does not close his position, he will not have much available funds in his account. If the Dow Jones Index continues to rise sharply, he may liquidate his position.

He is not willing to give in.

Oh, what's wrong?

Sell the controlling stake in Manufacturer's Bank of America? Anyway, the share price of Manufacturer's Bank of America has risen a lot recently, so I might as well just sell it.

Wells struggled and refused to give up his power in the Bank of America.

He finally acquired this century-old bank and planned to turn it into his own family business and slowly run it.

But I didn't expect that this time the Dow Jones index would capsize in the gutter and face the risk of liquidation.

Forget it, let's continue to fight. The Dow Jones Index may not continue to skyrocket. As long as it doesn't reach 9,000, I'll be fine.

And the Feld Group Building.

Soros, Feld, and Milus Messi were completely panicked.

Today the Dow Jones index rose another 100 points, which reduced the profits on their books.

Moreover, big technology companies all announced good results, showing that the economy was recovering, and the stock market rose accordingly, which really scared the three of them.

Soros: Currently, the Dow Jones Index has stabilized at 8,700. We should retreat. Otherwise, if the Dow Jones Index continues to rise, we will lose money.

Feld sighed; I didn't expect that the economy would really start to recover. We made a wrong judgment this time, but fortunately there is still a surplus on the books.

Milus Messi also lamented: I didn't expect the Dow Jones Index to really bottom out. It's so strong. It seems that we are really going to retreat. This time, the Blackshirt Investment Bank laughed.

Soros nodded: If we close our positions, the Dow Jones Index will continue to skyrocket, which will make Black Shirt Investment Bank make more money.

Feld said angrily: Damn it! It's so easy for them.

Milus Messi also said angrily: This black shirt investment bank really did the right thing by buying the bottom. Alas, we could have closed our position when the Dow Jones index fell to 7700. We made a lot of money at that time.

Soros: It's useless to say anything now. Let's start closing positions when the stock market opens tomorrow.

Then let's close the position when the market opens tomorrow.

Hey, let's close the position. Do it in two days!

At this time, Morgan Bank also released its results.

Morgan Bank Group, the second largest bank in the United States, announced its second-quarter financial results for fiscal year 2009 on Thursday.

The report showed that as investment banking service fees hit a record high, Morgan Bank's net profit increased for the first time since 2007, exceeding analysts' most optimistic expectations.

The bank's second-quarter net profit was US$2.7 billion, or 28 cents per share, a 36% increase from the same period last year.

Another good news for the economy.

Soros said anxiously: We are going to close all the short orders. It is best to close them all tomorrow.

Feld said: Then we have to go long after closing the position?

Milus Messi said: No need to do too much, just watch quietly. I plan to mobilize funds to short the Dubai stock market.

Soros nodded: Close the position tomorrow and then mobilize funds to go elsewhere!

The next day, July 17, the stock market opened.

Soros, Feld, and Milos Messi closed their positions in large sums.

The Dow Jones Index soars!

8750

8795

8825

8845

8867

8900

In the Huntington Bank Building, Wang Guanxi was extremely excited. Fund No. 1 now had a profit of 1,000 points on its books, with a total profit of US$5 billion, and a net worth of US$10.8 billion.

But the Dow Jones Index’s rally hasn’t stopped!

8922

8935

8948

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