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

Chapter 120: Turning Enemies into Friends and Using Them for My Use

Xiao Ma Ge is still wondering why retail investors and institutions were controlled by Yang Chen's Weibo post. The share price of Penguin Holdings has fallen below the 400 Xiangbi mark.

The secretary hurriedly said, "Oh, it's fallen below 400! Mr. Ma, what should we do now?"

The positive performance has been digested by the rise in stock prices, and signing a new cooperation agreement is useless. Now the only way is to let shareholders increase their holdings. This is the most direct and effective way to raise stock prices.

"Contact the representatives of the top ten shareholders. I want to have a video conference with them." Xiao Ma Ge ordered.

The secretary nodded and hurried back to the office to call the representatives of the top ten shareholders.

Half an hour later, the video conference was successfully held.

Pony Ma explained the current situation to the shareholder representatives and asked everyone to invest together to increase their holdings in Penguin Holdings to raise the stock price.

Kusbeck, president of the South African Newspaper Group, a major shareholder, said: "Is Yang Chen crazy? Why are you shorting even your own country's companies?"

Pacquiao, the president of BlackRock, the third largest shareholder, was a little scared when he heard Yang Chen's name. He immediately said, "I hate the name Yang Chen. I have lost to him several times. Can you not lose again this time?"

Pacquiao's good friend, Pioneer Navigation President Barkley, immediately said: "I feel an inexplicable fear when I hear Yang Chen's name now. I don't want to lose either. Let's beat him once."

"I lost to him several times, and I really want to win once," said Pinto, president of JPMorgan Chase.

Andrew Thomson, president of the ninth largest shareholder, Prudential Group, laughed and then joked, "Did I hear that correctly? Are Pacquiao and Barkley already afraid of losing?"

Pacquiao rolled his eyes at Andrew and said tit for tat: "If you have the guts, call Yang Chen and tell him you want to challenge him. If you can hold on to the share price of the Prudential Group, I'll give you 100 million Eagle Coins. Do you dare?"

Barkley immediately followed up and said, “That’s right, if you dare to call and provoke Yang Chen, I will give you 100 million Eagle Coins if the share price of Prudential Group does not drop by more than half. Don’t be so arrogant, if you are a man, call him now.”

Andrew laughed and said jokingly, "I have no grudge against him, why would I provoke him?"

"Then shut up!" Pacquiao said angrily.

Brother Xiao Ma saw that the situation was not right. Why was there infighting going on when the work hadn’t been done yet?

Xiao Ma Ge quickly said, "Stop, stop, stop! We must now work together to maintain the share price of Penguin Holdings. I hope everyone can mobilize funds to increase their holdings. Let me make a statement first. I will personally invest 20 billion Hong Kong dollars, and my global foundation will invest 10 billion Hong Kong dollars to increase the holdings of Penguin Holdings' shares. Fellow shareholders, please also express your opinions."

BlackRock President Pacquiao immediately said, "Mr. Ma, are you wrong? Yang Chen has spent billions on short selling, and you only increased your holdings by a small amount. Do you think it is useful? You have to add at least one more zero."

The president of Pioneer Navigation, Barkley, followed up and said, “That’s right! The fact that you increased your holdings by such a small amount gives people the impression that you have no confidence in Penguin Holdings. If you don’t have confidence, how can you make investors confident? My requirements are not high, I just want to beat Yang Chen once. This time, I will use all the funds that can be mobilized in the Dragon Country District to increase my holdings, which is about 80 billion dragon coins. I hope that all shareholders, especially Mr. Ma, will also show their determination to win!”

Paiquiao immediately said: "I only have one request, to defeat Yang Chen once. We have about 100 billion dragon coins available, and I have transferred all of them to increase our holdings of Penguin Holdings' shares. Penguin Holdings' performance is very impressive, its market value is high enough, and its status in Dragon Country is also very high. We have a great chance of winning. I hope Mr. Ma and all shareholders will show sincerity, and we will defeat Yang Chen once together. I am so eager for this victory."

The two presidents have already said so much, and Ma Ge feels embarrassed to be stingy and spend 10 billion yuan to increase his holdings.

Brother Xiao Ma said very firmly: "Okay, then I will also show my sincerity! I will personally invest 200 billion, and the Global Foundation under my name will invest 100 billion. This time we must defeat Yang Chen!"

Pony Ma showed enough sincerity, and other shareholders were also unambiguous, expressing their willingness to invest tens of billions to hundreds of billions of funds to increase their holdings.

After confirming everyone's contribution amount, Xiao Ma ordered his secretary to immediately draft an announcement of share purchase. At the same time, he personally wrote a proposal for all shareholders not to sell stocks but to increase their holdings, and sent it out together with the announcement of share purchase.

Not long after the announcement of share purchase and the proposal were issued, the share price of Penguin Holdings began to pull back and once again stubbornly stood above the 400 Hong Kong dollar mark.

Xiao Ma Ge said happily: "The effect of increasing stock holdings is obvious. We have recovered the lost 400 Xiangbi coins in an instant. Fellow shareholders, let's act together and increase our stock holdings according to the amount we promised."

The shareholders nodded and exited the video conference to get back to work.

At this time, Sihai Investment Dept.

Zhao Jing said to Yang Chen: “Director Yang, Penguin has issued an announcement on increasing its holdings, and Xiao Ma Ge has also issued a proposal, advocating all shareholders not to sell. If it is convenient, I hope they can continue to buy.”

Huang Wei followed up by saying, "I calculated that the top ten shareholders invested a total of 650 billion to increase their holdings. No wonder the stock price rose back to 400 in an instant."

Chen Xi asked: "Director Yang, what should we do now?"

In fact, there is no need to do anything. No matter how much the share price of Penguin Holdings rebounds, it will eventually fall. When Yang Chen closes his position, the share price will stop falling.

However, it would seem too fake if he did nothing, so he decided to find something to pretend to be doing it.

Yang Chen smiled and said: "Stock short selling should actually be considered a psychology category. Publishing short selling reports, exposing negative news about the short selling company, etc., the purpose of these actions is to persuade retail investors and institutional investors to psychologically accept the words and actions of the short sellers. When most investors accept the words and actions of the short sellers, they will sell the stocks they hold, and the stock price will continue to fall. Today I will teach you how to persuade retail investors to psychologically accept our short selling behavior without short selling reports and negative news about the target company."

Apart from anything else, Yang Chen's screenwriting ability is indeed strong. He can come up with a set of self-consistent theories anytime and anywhere.

Zhao Jing and others stupidly took notebooks and carefully recorded Yang Chen's words. They felt that Yang Chen's theory was more practical and effective than the theory in the books.

Yang Chen opened Weibo and posted a new update.

"I just saw Penguin Holdings' announcement of increasing its holdings. President Ma also urged everyone not to sell stocks but to continue buying and increasing their holdings. Do you know what this spirit is? This is the spirit of great love that is selfless and dedicated to benefiting others. Remember, these shareholders bought 650 billion yuan of funds at around 400 Xiangbi. We will buy again when the stock price falls below 200. We will reach the cost price of these shareholders only after we double our profits. In other words, when the stock price falls below 200, below 400 is a safe zone. Everyone, prepare the funds, and let's buy together within 200. Whether we can have a prosperous new year depends on this wave of operations."

This is just some bullshit made up by someone, but under the influence of the system it becomes the truth.

Retail investors and institutional investors who were originally on the sidelines hurriedly sold off their Penguin Holdings shares. Penguin Holdings' share price once again fell below the 400 mark and quickly headed towards the 300 mark.

Huang Wei said in surprise: "Oh, Mr. Yang's Weibo really has an effect. Penguin's stock price has fallen again, to 380! Mr. Yang's theory is really effective. Short selling is indeed a field of psychology."

Zhao Jing then said: "I feel that university textbooks should be updated. Outdated financial knowledge no longer meets the needs of the modern era."

Bai Zhi followed up and said: "I also feel that the knowledge I learned before is a bit wrong, and I always feel that something is missing. I think financial universities should invite Yang Chen to give lectures, or compile textbooks, so that students can learn more practical knowledge, which is much better than learning those backward theoretical knowledge."

Oh, Yang Chen felt a little embarrassed after hearing this.

Yang Chen smiled and said, “You guys are just sweet-mouthed, and you specifically pick nice things to say to me.”

At this moment, Chen Chao came over with a report.

"Director Yang, we have shorted approximately 800 billion worth of Penguin Holdings shares, and have now shorted a total of 1200 billion worth of shares. In addition, we have also opened short options worth 500 billion Xiangbi coins. Do you think we should continue to increase our short selling efforts?" Chen Chao reported, and handed the report to Yang Chen for review.

Yang Chen took a look and said with a smile: "Penguin still has a market value of 3.5 trillion now, how can we short so little? You guys study hard, I will teach you another trick of "turning enemies into friends and using them for my own benefit". Ah Chao, you contact the main shareholders of Penguin and ask them to lend us their stocks. After we close our positions, we will buy them back and pay them a 6% reward. At the same time, we promise that the stock price will return to above 400 before the end of the year."

Chen Chao asked in shock: "This... can it be done this way? Haha... Director Yang is really amazing. This move is like cutting off the source of funds. Even if Brother Ma put all his assets into it, he can't stabilize the stock price. Haha..."

Chen Xi asked: "Are those shareholders willing to lend us their shares? And how can we convince them that we can raise the share price back to 400 coins?"

Yang Chen smiled and said: "Other shareholders may not believe it, but the shareholders of BlackRock who have fought with me several times will definitely believe that I have such ability. They all make money through wealth investment, as long as they can make money, they will definitely be tempted."

"Ah? You still want to borrow stocks from those shareholders of BlackRock? They just announced that they would increase their holdings. How could they lend us stocks to sell and suppress the stock price?" Huang Wei asked with a puzzled look on her face.

Yang Chen explained: "So this is a strategy that kills two birds with one stone. As long as they lend out the stocks, they won't increase their holdings. It won't be enough to make a splash with Xiao Ma's tens of billions of funds. Ah Chao, do as I say."

Chen Chao nodded, and quickly ran back to the Investment Department to follow Yang Chen's instructions.

Chen Lan smiled and said, "Mr. Yang, I think your plan is unlikely to succeed. If I were the CEO of BlackRock, and I had lost to you several times, and finally had a chance to beat you, I would not help you short."

The other five shareholders also expressed the same opinion. They did not believe that BlackRock and other shareholders would accept Yang Chen’s cooperation plan.

Yang Chen smiled and said, "Really? Well, let's make a bet. If my plan succeeds, we'll play a game of Russian roulette tonight. If my plan fails, each of us will get a gold bracelet. Do you want to bet?"

Chen Xi asked curiously, "What is Russian roulette?"

Yang Chen smiled coquettishly, and said: “It doesn’t matter if you don’t know how to do it, I will teach you step by step. Just tell me if you dare to take this gamble.”

"Someone wants to give you a gold bracelet, why don't you refuse it?" Huang Wei said conceitedly.

Gao Ya followed up by saying, "That's right. Someone wants to give us a gold bracelet. We can't let that person down."

Zhao Jing and others immediately expressed their willingness to take this gamble.

Yang Chen smiled and made an OK gesture, and said: "Then wait for the news."

Seeing that it was almost time to get off work, Chen Chao excitedly ran into Yang Chen's office.

"Mr. Yang, you are amazing. The Belletti companies have all agreed to lend us the stocks they hold based on today's closing price of 368.56 Xiangbi, and they also said that they will not increase their holdings in Penguin Holdings. This is exactly in line with your expectations." Chen Chao reported excitedly.

6 Mei was shocked. How could this be successful?
"Oh my god, they actually agreed to it?" Huang Wei said in disbelief.

Chen Xi followed up by saying, "Director Yang's prediction is really accurate. They really only care about making a profit."

Zhao Jing said: "I think they were scared by Mr. Yang's short-selling ability. They know in their hearts that if they continue to confront Mr. Yang, the result will be disastrous. Now they can get a 6% return and guarantee that the stock price will return to above 400 by the end of the year. They can make a lot of money without doing anything, so why not?" "I really want to know how Brother Ma will feel when he finds out. I guess his mentality will explode." Chen Lan said with a smile.

Yang Chen turned off the computer and said, "Whether his mentality will explode is not something we should consider. Let's go home after get off work and play games."

Lu Mei quickly went to the secretary's office next door to pack up her things and went home to play Russian roulette with Yang Chen.

On the way home, the air was filled with excitement. Just thinking about the scene of six beauties gathered in a circle made my blood boil.

Yang Chen sent a message to Chang Sheng, the president of Sihai Healthcare.

"Ah Sheng, send a box of high-concentration physical growth liquid to my house. By the way, go to the gold shop and buy 6 identical gold bracelets, the kind that cost more than 10. Send them all to my villa, and I will transfer the money to you when the bank opens tomorrow."

Changsheng quickly replied to the message.

"Okay, Mr. Yang, I'll do it right away."

Yang Chen brought Lu Mei back home, and the two aunts had already prepared dinner.

“Aunt Zhang, Aunt Liu, you are given a day off tonight. Go home and see your family, and come back tomorrow morning. Take these bottles of wine and share them with your family when you get home.” Yang Chen said with a smile, and gave the two aunts two bottles of French imported brandy.

The two aunts thanked us and left with the wine.

After Yang Chen and the others finished their meal, Chang Sheng arrived with some deliveries.

A box of high-concentration physical strength growth liquid and 6 999 pure gold bracelets.

Yang Chen smiled and nodded, then stuffed two bottles of red wine into Chang Sheng’s hand, saying, “Thank you for your hard work. I can’t finish all the wine that old bastard Wang Sihai has stored in the wine cellar, so you can take a bottle and try it.”

Chang Sheng took the red wine and thanked him excitedly: "Thank you, Mr. Yang, thank you, Mr. Yang. I'll be leaving now. Please call me anytime if you have anything else."

Yang Chen smiled and nodded, and said: "Yes. Go slowly, and drive safely."

Changsheng nodded happily and left happily with the wine.

Yang Chen moved the things into the house, and said loudly: "Babies, come and get your gifts. After you get your gifts, you have to work harder when playing games later."

……

Ten o'clock in the morning.

Yang Chen finally woke up. The bottles all over the room showed that they had a lot of fun playing games last night.

Yang Chen stretched and pinched his sore muscles. Seeing that it was already ten o'clock, he quickly picked up his phone and called Chen Chao.

"Hey, Ah Chao, how is things going?" Yang Chen asked.

Chen Chao immediately replied, "It has been done. BlackRock, Vanguard, T. Rowe Price, State Street, JPMorgan Chase, Fidelity Investments, these Bald Eagle investment companies have all lent us stocks, totaling 8.3 million shares, with a market value of 3059 billion. This has already driven the stock price down to 220 Xiangbi. The market is already in a panic, and retail investors and institutions are frantically selling. It should soon break the 200 mark."

Yang Chen smiled comfortably, and said: "Well done. Don't be in a hurry to eat below 200. I require foodies to eat it."

Chen Chao quickly replied: "Okay. I'll remember that."

At this time, major trading software, financial news platforms, Weibo, Douyin and other social platforms were all flooded with news about the Penguin stock crash.

Tonghua Finance: Big news! Penguin Holdings plunged more than 40% during the trading session, and its market value of 1.5 trillion yuan was wiped out. Yang Chen once again demonstrated his super short-selling ability, and even a giant company like Penguin Holdings was played around by him.

Caixin: Yesterday, Ma Tengfei led the top ten shareholders of Penguin Holdings to release an announcement of share purchase. Today, the share price of Penguin Holdings plummeted. As of now, it has fallen by 42%, and the market value has dropped by 1.5 trillion in a single day. The current decline is not slowing down, and the selling pressure is huge. There are signs that it will fall below 200. Yang Chen said that he would drive the share price of Penguin below 200, and he really did it. This terrifying short-selling ability is unmatched by anyone.

……

Netizens who came to watch the fun also left comments.

"Yesterday, Pony Ma announced that he would increase his holdings by 650 billion yuan. I thought they could save Penguin's share price, but it turns out that they are just making a fuss and have no effect at all."

"I'm a graduate student in finance. To be honest, I really don't understand what Yang Chen is doing. Why did the share price of Penguin Holdings plummet? Who can understand how Yang Chen succeeded? Please explain it to us. I really want to learn."

"It looks like I have to sell the house. I can only have a few chances in my life. If I miss this opportunity, I may never see it again in my life. The timid will starve to death, and the bold will die of gluttony. If you have less than 200, I will go all in with Boss Yang!"

……

Not only netizens don't understand, professionals don't understand either, and Pony Ma is even more confused. He clearly spent money to increase his holdings, so why did the stock price fall even more sharply?

The secretary rushed in and said in a panic, "Boss Ma, those BlackRock companies betrayed us! They lent the stocks to Yang Chen, and they were the ones selling the stocks, so even if you increased your holdings by more than 20 billion, you couldn't stop the stock price from plummeting!"

Brother Xiao Ma stood up excitedly and asked, "Are you sure? Are they really them?"

The secretary nodded and said, "That's absolutely right, they were the ones who rebelled!"

"Fuck it!" Xiao Ma Ge cursed and angrily slammed the table. Then he said to the secretary: "Contact them immediately to set up a video conference!"

The secretary nodded and hurried to make arrangements.

More than half an hour later, the video conference began.

Brother Xiao Ma broke down and cursed: "Pacquiao, what do you guys mean? We agreed to increase our holdings together, not only did you not increase your holdings, you also lent the stocks to Yang Chen to sell and suppress the stock price. You are all damn traitors!"

The president of the major shareholder, South African Newspapers, Kusbeck, said in shock: "What? You guys lent your stocks to Yang Chen to sell and suppress the stock price? Why? Why did you do this? You kept saying that you have lost to Yang Chen several times, and you must beat him this time. The funds on my side have just arrived, and I haven't had time to increase my holdings, and you all rebelled? Can you live up to your conscience?"

Pacquiao explained with a smile, "We didn't want to either, but Yang Chen offered too much. He said that after he closes his position, he will return the same number of shares to us and give us a 6% reward. We also want to increase our holdings at a lower price, so we agreed to this plan. When he pushes the stock price down to less than 200, we will officially increase our holdings. We are still very optimistic about the future development of Penguin and will definitely support it in the long term. Anyway, we have already lost to him several times, so we are not afraid of losing again."

Listen, listen, is this something a human being can say?

He had vowed before that he would definitely defeat Yang Chen this time, but now he is saying such undignified nonsense.

Buckley, the president of Vanguard, followed up by saying, "We are investing in wealth, and the main purpose is to make money. If the opportunity to make money is given to us, there is no reason for us not to take it. As for winning or losing, it is actually not that important. Making money is king. If you can make us a lot of money, you can humiliate me in person."

Several other shareholders have the same idea. They do not want to give up the opportunity to make money, and they do not want to give up the opportunity to increase their holdings at a low price.

Xiao Ma Ge angrily cursed: "Fuck! You are all traitors, villains, and shameless people! You don't deserve to hold Penguin Holdings' shares, you don't deserve it!"

Pacquiao smiled and said: "It is not up to you to decide whether it is worthy or not. We are all independent individuals and companies. We have the right to operate independently and you have no right to interfere. We will not change our promise to increase our holdings, but we need to wait until the stock price falls below 200 before we can increase our holdings."

Brother Ma roared: "If it falls below 200, why do we need you to increase your holdings? You..."

Pacquiao directly withdrew from the video conference, and several other shareholders of Bald Eagle also withdrew.

Now only Marco and South African Newspaper President Kusbeck are left.

Kusbeck sighed and said, "Since the stock price is close to 200, let's wait until it falls below 200 before increasing our holdings. Mr. Ma, don't be angry. These investment companies are meant to make profits. It is impossible for you to expect them to defend the sovereignty of the company."

Brother Xiao Ma quickly said, “No, if the stock price falls below 200, it means Yang Chen wins. How can I face people in the future? Being taught a lesson by a rookie? Mr. Kusbeck, you should start increasing your holdings immediately. Together, we can keep the stock price above 200. We must not let it fall below 200. Help me, okay?”

Kusbeck shook his head and said, "Mr. Ma, I'm sorry, I can't take risks with investors' real money. I'm out too. Bye."

Xiao Ma Ge stared at the camera blankly for a while, and after a while he suddenly got angry and smashed the computer.

It was useless for Xiao Ma Ge to be angry. Under the effect of Yang Chen’s skill [Short Selling Must Succeed], as long as Yang Chen came to them, these shareholders would uncontrollably help Yang Chen short sell.

"I must defend my honor. The 200 mark must not be broken!" Xiao Ma Ge said to himself.

If you cannot understand Xiao Ma Ge's feelings, you can guess his feelings through a metaphor. An old monster in the Nascent Soul stage who has been famous for many years is publicly challenged by a newcomer in the Qi training stage from a declining sect. The old monster in the Nascent Soul stage has been beaten half to death. What kind of mood would he have at this moment? That is how Xiao Ma Ge feels.

Angry, unwilling, unconvinced, unscrupulous...

Pony Ma immediately convened a board of directors and shareholders' meeting. He wanted to use his last two tricks: employee stock ownership and repurchase and cancellation.

With these two big moves being sent out at the same time, coupled with his personal continued increase in holdings, he doesn't believe that he won't be able to pull back the share price of Penguin Holdings.

Penguin Group is an Internet giant in Dragon Country, so it is impossible that no one would take care of such a big fuss.

A certain department immediately sent a working group to interview Yang Chen and Xiao Ma...

(End of this chapter)