I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 118 The Wall Street Short-selling Alliance was liquidated by Yang Chen

The secretary quickly replied, "Mr. Ma, you guessed it right. It was really Sihai Investment that shorted our stocks."

Xiao Ma nodded with a puzzled look on his face, and immediately called Yang Chen.

"Hey, Mr. Yang, what do you mean? What does it mean to short our stocks for no reason?" Brother Ma asked straight to the point.

Yang Chen smiled and said, "Ask the person in charge of your sports business, he will explain it to you clearly."

Yang Chen hung up the phone, and Xiao Ma immediately called Penguin Sports President Liu Hong to ask what was going on.

“Boss Liu, how did you offend Yang Chen? He is now shorting our group’s stocks.” Brother Xiao Ma asked.

Liu Hong explained: "He asked me to help communicate with the NBA and send three teams to play preseason games with his Sihai team. I thought I couldn't work for nothing, so I asked him to give us a share. But he was unwilling to give us a share, and only said that we could broadcast the game and advertise Penguin Sports at the game venue. Isn't this a joke? We can broadcast NBA games anyway, do we need him to give us the broadcasting rights? As for the on-site advertising, it is not of much use to us. Who among the Dragon Country basketball fans doesn't know Penguin Sports? Don't you think so?"

Xiao Ma Ge didn't say anything, but he felt that what Liu Hong said made sense. Penguin Sports spends 5 million Eagle Coins a year to broadcast NBA games. As the NBA's largest partner in Longguo, NBA games in Longguo must of course be led by Penguin Sports. How much money is made is secondary. This is a matter of face.

Liu Hong continued, "I have already communicated with Xiao Hua to see if we can arrange for two teams to come to Longguo to play in the preseason this year. The creditors are spoiling Yang Chen, but we don't have to."

"Okay, I got it. You go on with your work." Xiao Ma Ge said, then hung up the phone.

Penguin Holdings now has a market value of over 4 trillion yuan, and its performance is very impressive. It is also an Internet giant in China. From a normal perspective, no one can short it successfully.

Xiao Ma Ge didn’t know that Yang Chen had a cheat, and if he thought from a normal perspective, he would naturally think that Yang Chen couldn’t successfully short Penguin Holdings with a market value of 400 billion.

Brother Xiao Ma called Yang Chen again and said with a smile, “Boss Yang, I’ve asked, and I think there’s nothing wrong with what Boss Liu did. You’re really a bit crazy for shorting us because of this.”

Yang Chen smiled and said: "Young people, it's normal to be a little crazy. We are all trying to protect our own interests. We don't distinguish between right and wrong, we only care about winning or losing."

Xiao Ma Ge smiled and said, "Okay, if you want to play, then go ahead. If you can make money by shorting Penguin Holdings, I will respect you."

"Okay, let's see the results." Yang Chen said with a smile.

As soon as Xiao Ma Ge hung up the phone, he asked his secretary to issue a notice, denouncing Yang Chen's bandit behavior of shorting Penguin Holdings.

Soon, the news that Yang Chen shorted Penguin Holdings topped the hot search lists on major platforms.

After all, Penguin is an Internet giant and controls the Internet discourse to a certain extent. Under their deliberate guidance, public opinion criticizing Yang Chen soon emerged on the Internet.

"Is Yang Chen crazy? He has the ability to attack foreigners, but what's the point of shorting his own company?"

"I hate people who bully others the most. What's more, Penguin's performance is so good, why would he do anything short?"

"Did Yang Chen think of himself as a god just because he succeeded in short selling a few times? He didn't even look at the market value and performance of Penguin. Even if a god came, it would be impossible for him to succeed in short selling."

"Shorting their stock price when they are unwilling to help is no different from robbery. If he did this to foreign investors, I would still support him. But he did this to Longguo's company, and I really dislike him."

……

People who often use the Internet know that when conflicts are tied to national and ethnic sentiments, many people will be led by the rhythm mindlessly.

Yang Chen’s Weibo was bombarded with tens of thousands of comments criticizing him. Of course, most of them were caused by the Internet trolls, and some people who were easily influenced by the trolls fanned the flames, which led to the current situation.

After listening to the secretary's report, Xiao Ma Ge said with a smile: "You are still young. I have been through a lot for decades and have seen a lot of ups and downs. I admit that he is very strong, but he is not qualified to be my opponent. He doesn't even have the desire for me to fight him myself."

The secretary immediately flattered him, "There are so many bigwigs coming and going in the business world of Longguo. Other bigwigs have gradually fallen into decline, but only Mr. Ma has remained standing. He is a young man who has just made his debut. Why should Mr. Ma take action personally?"

Although the secretary was just flattering, there was some truth in what he said.

The big guys who were competitors with Xiao Ma Ge in the past have either retired, fallen into disgrace, or are still standing still. Only Xiao Ma Ge is still standing at the top of Longguo's business world, so it is normal for Xiao Ma Ge to look down on Yang Chen. If he looks up to Yang Chen now, it would not be in line with normal logic.

In terms of corporate strength, Penguin Holdings far outclasses Sihai Group at its peak, not to mention the current half-dead Sihai Group.

In terms of relationships at all levels, the name of Nanshan Pizza Hut is not for nothing, and they are not afraid of Yang Chen and the social relationship of Sihai Group at all.

How could an old monster in the Nascent Soul stage pay attention to a young talent who has just emerged in a declining sect?

the other side.

Yang Chen was taking the six beauties to appreciate the netizens' criticism of him.

"I'm sure there are some internet trolls setting the pace. This is too one-sided," said Huang Wei.

Zhao Jing followed up by saying, "There is no doubt that Penguin is definitely intentionally guiding public opinion to attack Mr. Yang. They control the traffic, and we don't have it, so we are really at a disadvantage."

Chen Xi asked: "Director Yang, should we do something? We can't just watch the navy attack you, right?"

"Yes! If you ask Mayor Wang and others for help, the penguins will definitely not dare to attack you anymore." Gao Ya suggested.

Yang Chen smiled and said, “Don’t pay attention to them. I might as well play games with you guys if I have time.”

"Then let's play the game of the king catching the concubine again?" Chen Xi said with a smile.

Although this game has been played many times, each time is a different experience, and Yang Chen is still happy to play it.

"My lord, come and catch me..."

6 Mei immediately got into the state, and Yang Chen stood up and pounced on her.

At 9:30 in the evening, the Bald Eagle stock market opened.

Adidas President Hebner sent a video conference request on time, and Yang Chen answered it with a smile.

"Mr. Yang, how are your preparations going? When can we take action?" Hebner asked.

Yang Chen smiled and said: "Don't worry, I will take action."

At this time, Goldman Sachs President Windley called Hebner.

Hebner immediately said to Yang Chen: "Mr. Yang, Goldman Sachs President Wendeli called me, do you want to listen?"

Yang Chen smiled and nodded, saying: “It’s okay to listen.”

Hebner immediately answered the call on speakerphone and asked, "Mr. Wendley, what do you mean? Why are you shorting our stock price?"

Wendeli smiled and replied: "You can't blame us for this. If you want to blame someone, blame Yang Chen for buying your stocks. This time, we followed the orders of Mr. Powell, the head of the Federal Reserve, to short your company. Our purpose is to trap Yang Chen's funds."

Hebner immediately said angrily: "Mr. Yang also bought Nike. Why don't you short Nike to trap his funds? It's totally incomprehensible. Why do you want to implicate us in your feud?"

Wendeli laughed loudly and said, “Nike is our own company, of course we can’t short it. If you don’t want the stock price to continue to fall, you can immediately stop sponsoring the Four Seas Team. We just want to vent our anger on Yang Chen, if you let us vent our anger, we will immediately stop short selling.”

Originally, Yang Chen didn't want to speak, but since Wen Deli had said this, Yang Chen had no choice but to speak.

Yang Chen said loudly: "Wendeli, Goldman Sachs' stock price has gone back up, you think you're good enough again, right?"

Wendeli said hurriedly: "Who? Who is talking?"

Yang Chen said rudely, “I’m your father, Yang Chen. You defeated generals are nothing but a mob. Do you still want to take your anger out on your father? Are you worthy? Tell your allies that I have guaranteed the share price of Adidas. Even if Jesus comes, short selling won’t work. Prepare some more money to cover your positions. I will blow up your short orders tonight.”

Wendeli was silent for a while and then said, "Haha... Why is Mr. Yang at Hebner's place? We are just following orders. Please forgive us, Mr. Yang."

"I can't be tolerant at all. We speak with strength. I'll give you one hour to raise the funds. After one hour, I will raise the share price of Adidas." Yang Chen said.

Wendley hung up the phone immediately and quickly contacted his allies who had shorted Adidas' stock price to discuss countermeasures.

Half an hour later, the Wall Street Journal published an article about Adidas.

There are four main points in the article.

First, Adidas' performance in Longguo continued to decline, contributing only 4.3% of profits. At the same time, Longguo stores had a backlog of goods totaling 643 billion euros that needed to be cleared.

Second, Kanye West, a famous singer, has applied to terminate his contract with Adidas. The 11-year cooperation between the two parties is about to end. Adidas urgently needs to sell off the Yeezy shoes it produced for West at a loss. According to professional data statistics and calculations, excluding the contribution of the Yeezy series to performance, Adidas' average annual sales have only increased by 2017% since 1, and its profitability is very worrying.

Third, according to a market research report from Longguo, young people in Longguo have a very bad impression of Adidas, and they are more inclined to choose products from other brands. This means that Adidas' performance in Longguo is unlikely to improve in at least the next 20 years.

Fourth, Adidas' share in the NBA and other major sports leagues continues to decline. The pattern of Nike and Adidas competing for supremacy ten years ago is gone forever. Brands such as Under Armour have quickly eaten up Adidas' market share. This situation will continue until Adidas completely withdraws from major sports leagues.

These contents are all facts, but the Wall Street Journal exaggerated the impact and consequences. The purpose is naturally to intimidate retail investors and institutions in the secondary market to sell Adidas shares so as to achieve their goal of shorting Adidas' stock price.

The Wall Street Journal has a huge influence. This article quickly topped the hot list of major financial platforms in the Bald Eagle family and quickly spread abroad. The direct impact was that Adidas' stock price fell rapidly and broke through the 30 Eagle Coin mark. At this time, the presidents of the short-selling alliance who were communicating through video conferences smiled happily.

Goldman Sachs President Wendeli said with a smile: "Yang Chen thinks that he is the only one who knows how to short sell. We are the ancestors of short selling!"

"Ha ha……"

BlackRock President Pacquiao said: "I have suffered a great loss from him, and this time I must make up for it!"

Kerman, the president of Tiger Fund, said with a smile: "When our Tiger Fund was shorting Southeast Asia, he was not yet born. I treated it as free teaching and taught him how to short a company perfectly."

"Ha ha……"

Pioneer Navigator President Barkley said: "We have Adidas in our hands. Even Jesus can't save it."

"Ha ha……"

It can be seen that these bosses are very confident in their operations, and each of them thinks they are sure to win.

To be honest, the short-selling procedures of these big guys are very standard, and the short-selling reports are full of evidence. Under normal circumstances, the stock prices of the companies being short-sold will definitely plummet.

So, it's very reasonable that they are so confident and happy.

However, unfortunately, their opponent is Yang Chen, a man who cannot be dealt with by conventional means, which means they are destined to fail.

When Adidas president Hebner saw the Wall Street Journal article, he became so angry that he started cursing on the spot.

After cursing, he quickly said to Yang Chen: “Mr. Yang, what should we do? It has fallen below 30. This article in the Wall Street Journal is too damaging. How should we fight back? We will follow your orders.”

Yang Chen smiled and said, "What they said is not wrong, you have no right to refute it. The best way to deal with short selling is to raise the stock price. No other operation is as direct as this method. Look, I will raise the stock price now. Ah Chao, start buying, and stop when you buy 50."

Chen Chao immediately replied, "Understood! Group 1, Group 2, Group 3, Group 4, immediately use the accounts you control to buy Adidas stock. Buy boldly if the price is below 50!"

The traders immediately took action and bought Adidas shares through accounts under their control.

29, 30, 33, 35, 38, 40...

The share price of Adidas rose without any hindrance and broke through the 40 mark. At this time, all accounts of Sihai Investment had used up a total of 12 billion Eagle Coins.

At this time, the Short Alliance video conference room.

Goldman Sachs President Wendley exclaimed: "What's going on? Why did the price go back up? Did someone buy it?"

"Some people did buy it, and it is estimated that 10 billion Eagle coins were spent. It's bad. The sentiment of retail investors to buy has been aroused, and many retail investors are rushing to buy in small orders," said Kerman, president of Tiger Fund.

BlackRock President Pacquiao said helplessly: "Are these retail investors crazy? Just 10 billion Eagle coins have raised their bullish sentiment? Barkley, we have to sell all the Adidas shares we hold and suppress this wave of bullish sentiment!"

BlackRock and Vanguard invest in promising companies all over the world. Adidas is one of the companies they have invested in, but they do not hold many shares. The two companies hold only 800 million shares in total.

They originally had no plan to sell these shares, and after this short selling is over, Adidas' stock price will definitely go back up.

The situation is not good now, and they have to temporarily change their plan and sell their Adidas shares to suppress the stock price.

Barkley immediately responded: "No problem! I will notify the trader to sell Adidas stock now."

All 800 million shares of Adidas held by BlackRock and Vanguard were priced at 35 Eagle Coins, forcing the stock price back from 41.

But before they could breathe a sigh of relief, their remaining sell orders worth 2.1 million Eagle Coins were eaten up in one go. Then Adidas' stock price rose rapidly again, and the number of retail investors who followed suit increased again. There were even some institutional buy orders, which quickly pushed the stock price to 49.

The pressure level of 50 did not last long. After only one minute, Adidas' stock price broke through the 50 mark and quickly broke through the cost price of 55 Eagle Coins of the Wall Street short-selling alliance.

Goldman Sachs President Wendley said excitedly: "How could this happen? Our short-selling report was written so perfectly, how could it have no effect?"

Tiger Fund President Kerman said puzzledly: "I don't understand why those retail investors and institutions are all long? Who the hell is buying? Didn't they see our short report?"

BlackRock President Pacquiao said: "It's bad, it's above 60, it's our forced liquidation line. Hurry up and replenish the margin, otherwise we will be forced to liquidate. We will replenish it to 80 Eagle coins as the forced liquidation line."

The presidents of each company quickly called the traders to replenish the short-selling margin. They had to hold on. They didn't believe that the stock price could break through 80 Eagle Coins.

Facts have proved that it is impossible to disbelieve in superstition. After only five minutes, the share price of Adidas broke through 80 Eagle Coins.

Judging from the market, buying orders are very active and everyone is scrambling to buy shares. It is not difficult for the stock price to break through 100 Eagle Coins.

BlackRock CEO Pacquiao got scared and said, "It looks like we can't hold it down anymore. It could break through 100 Eagles at any time. Should we continue to add margin and hold on?"

The other CEOs did not answer his question immediately, and it was obvious that everyone was afraid.

However, no matter how scared they are, they cannot give up easily at this point. Based on their decades of investment experience, even if Adidas' stock price can break through 100 Eagle Coins, it will definitely not be able to rise any further.

After a brief discussion, they used all the funds they had mobilized to add to the margin and raised the short-selling forced liquidation line to 120 Eagle Coins.

"Fuck! I just don't believe it. Can retail investors buy at the price of 120 Eagle Coins?" said Goldman Sachs President Wendley.

Kerman, the president of Tiger Fund, said: "Impossible! It is absolutely impossible to get to 120 Eagle Coins, otherwise I can retire and go home to enjoy my old age."

It seems that God thinks Kerman has worked too hard and wants him to retire early and enjoy his retirement.

With retail investors and institutions rushing to buy, Adidas' stock price broke through 120 Eagle Coins in the blink of an eye and is still rising.

All the big guys were dumbfounded. This is so fucking unscientific. How could it possibly increase to this extent? What went wrong?
Due to the lack of excess funds to replenish the margin, all short orders opened by the short-selling alliance were liquidated, and 67 billion Eagle Coins were lost.

"Fuck! Fuck! The position was blown up in one day. Why did this happen?" Wendley roared angrily.

Tiger Fund's Kerman said: "It's over. This year's performance is all over. Who will bear our losses? Fuck! Will Powell bear it?"

BlackRock President Pacquiao said: "Do you think he will take responsibility? Fuck! I didn't want to target Yang Chen from the beginning. I was willing to do it only after you all agreed."

Pioneer Navigation President Barkley angrily retorted: "What do you mean by this? Do you want to put the blame on us? I also said that I didn't want to target Yang Chen, but you all agreed, so I was forced to agree."

Look, look, Wall Street tycoons are just ordinary people. Once they suffer losses, they will rebel.

Goldman Sachs President Wendley immediately called Powell and said angrily: "We have blown up our account and lost all our money! What should we do?"

Powell cursed: "Fuck! What on earth are you doing? So many super institutions working together can't deal with Yang Chen? You are so well prepared, why are retail investors still buying Adidas' stock price crazily? Can anyone explain this to me?"

Wendeli angrily said, "Who can explain this to you? I still want to explain! We have lost a total of 67 billion Eagle Coins. Who will bear our losses?"

Powell comforted him, "Alright, don't get excited. I still have one last trick. When Yang Chen sells the stocks and withdraws the money to his bank account, I will immediately order his bank account to be frozen! Don't even think about taking a penny of his earnings back!"

After losing several times in a row, Powell no longer cares about his dignity.

He is now like a gambler who has lost all his money and has no morals at all.

the other side.

Adidas president Hebner laughed so hard that his white skin turned red.

"Mr. Yang, I am convinced, I really am. You are so amazing. This operation really opened my eyes. You single-handedly raised the stock price to more than 120 Eagle Coins. Haha... Mr. Yang, how much did it cost you?" Hebner asked curiously.

Yang Chen smiled and replied: "It cost a total of 31 billion Eagle Coins."

The smile on Hebner's face froze immediately. He asked excitedly, "How much? 31 billion Eagle Coins? This... How is this possible? The stock price has increased from 30 to 120, and the market value has increased by more than 400 billion Eagle Coins. How come you only spent 31 billion Eagle Coins? Who bought the rest of the market value?"

Yang Chen replied: "Of course it's retail investors and institutions that are buying. Is there any need to ask?"

Hebner originally thought that Yang Chen used real money to buy in and forced the price up to 120 Eagle Coins. Now Yang Chen said that it was the purchases by retail investors and institutions that pushed up the price. This is not scientific!
Shouldn’t retail investors and institutions be afraid to buy when they see Wall Street’s quick short-selling reports?

This is indeed the case under normal circumstances, but those retail investors and institutional investors who pay attention to Adidas don’t know what’s going on. They always feel that there is a voice in their heads reminding them to buy Adidas quickly. Their consciousness is gradually controlled by this voice, and they buy all the Adidas stocks without thinking.

"But why would retail investors and institutions go long with you? Shouldn't they be scared by Wall Street's short-selling reports and be afraid to buy?" asked Hebner.

Yang Chen smiled and said: "Of course it's because the 30 billion Eagle Coins I bought gave them the confidence to go long. Let's not talk about this anymore. I have fulfilled my promise to you. You know what you are going to do next, right?"

Hebner laughed and said, "Understood! I will go to Longguo in person and sign a sponsorship agreement for the Sihai basketball team. This time we want the advertising rights to display the brand logo on the upper body jerseys, and the right to use one of the players' feet. 3.5 million euros per year, just sign for 10 years. Is that okay?"

(End of this chapter)