ten minutes.

In just ten minutes, the lobby bar of the Waldorf Astoria Hotel transformed from a celebratory banquet into a morgue.

The P9 and P10 engineers who were just raising their glasses to celebrate the successful roadshow are now staring intently at the huge financial news screens on the wall.

On the screen, a CNN anchor is speaking rapidly, delivering breaking news with an expression as serious as if reporting on the end of the world:

"Tech stocks suffered a Black Wednesday! Chinese concept stocks plummeted across the board due to rumors of 'Alibaba's mobile data fraud'!"

The screen then switched to the Nasdaq Stock Exchange.

It was a sea of ​​red.

On the huge electronic billboard, red numbers representing the decline cascaded down like a waterfall.

NASDAQ: -2.4%

YHOO (Yahoo): -8.5%

SINA (Sina): -6.2%

The air was thick with the smell of sweat and anxiety, mixed with the sour smell of coffee that had long since gone cold.

"What's going on? What's the PR department doing?!"

Old Xiao roared, nearly crushing the phone in his hand, "Where did that 'fabricated' rumor come from? Investigate! Investigate it thoroughly!"

On the laptop screen in front of him, Yahoo's stock price was in freefall.

41 yuan... 39 yuan... 37 yuan...

Every dollar drop means a reduction in Alibaba's IPO valuation.

For these executives who hold a large number of stock options, what's falling isn't just stocks, it's their villas and yachts for the rest of their lives.

in the corner.

Lin Che sat in the shadows, holding the can of cola that had already warmed up in his hand.

His face also looked "ugly".

With his brows furrowed and lips pressed tightly together, he looked no different from his colleagues who were all grieving.

Only his left hand, tucked into his pocket, was trembling violently.

That's a physiological response to adrenaline overload.

"I'm going to the restroom."

Lin Che said in a low voice to a colleague beside him.

His colleague gave him a sympathetic look, assuming he was frightened by the rumor that had just been circulating—after all, the rumor directly targeted "Project W," which was in charge of Lin Che.

"Go ahead, don't take it too seriously. Lao Xiao is contacting people in China to have the posts deleted," his colleague comforted him.

Lin Che nodded and walked heavily toward the restroom.

Push open the door.

Deadbolt.

It isolated them from the wailing and clamor outside.

Lin Che leaned against the door and took a deep breath.

The overwhelming joy that had been suppressed in his chest erupted like a volcano at this moment.

He shakily pulled out his phone and opened the Interactive Brokers app.

In his eyes, the sharp drop in red was the most beautiful scenery.

Yahoo's stock price has fallen below $36.

What he held was a put with 10x leverage.

When the underlying stock falls by 8.5%, the increase in the price of out-of-the-money options is exponential.

The numbers in the account balance column were jumping wildly, so fast it was dizzying.

$1,300,000...

$4,500,000...

$8,200,000...

Finally, the numbers paused briefly at a breathtakingly high level:

Total Equity: $10,420,550.00

Ten million four hundred thousand US dollars.

Based on the 2014 exchange rate, this amounted to over 63 million RMB.

Just yesterday, he was arguing with the finance department over a few thousand yuan in travel expenses.

Just now, Lao Xiao was furious about a valuation of a few percentage points.

And now.

In this cramped space filled with the smells of urea and expensive fragrances, he completed his initial accumulation of capital.

"ha......"

A short laugh escaped from Lin Che's throat.

But he immediately covered his mouth.

You can't laugh.

You must not laugh.

Laughing out loud at a time like this is to be at odds with the entire Alibaba Group, and it's an act against humanity.

Lin Che turned around to face the toilet.

He stretched out his finger and pressed the flush button.

"Splash—"

A tremendous roar of rushing water filled the air, drowning out everything else.

Amidst the clamor of the water, Lin Che laughed wildly and silently.

He laughed so hard he was shaking, and tears were almost streaming down his face.

This is a mockery of fate, and a reward for greed.

This is hardly a disaster.

This was clearly a feast prepared by God for him alone.

One minute later.

The sound of water stopped.

Lin Che turned on the tap and splashed his face with cold water.

He adjusted his breathing and practiced his facial expressions in front of the mirror.

His mouth drooped, his eyes were unfocused, and his brows were slightly furrowed.

perfect.

This is the image of a good employee who "shares hardships with the company and is heartbroken by rumors".

He pushed open the door and went out.

The atmosphere in the lobby bar was even more oppressive than before.

Mr. Ma came down at some point and was sitting in the middle of the sofa, listening to a phone call from Goldman Sachs with a livid face.

"Mark, that's a rumor... We're investigating... What? A 15% valuation reduction? That's impossible!"

Mr. Ma hung up the phone and slammed it onto the sofa.

The surrounding executives were all silent, even their breathing was carefully controlled.

Lin Che walked over.

He didn't hide in the corner, but walked straight to Lao Xiao's side.

Old Xiao was slumped in his chair, staring blankly at the ceiling.

"Old Xiao."

Lin Che called out softly.

Old Xiao turned his head, his eyes vacant, "Lin Che... that rumor..."

"Rumors stop with the wise."

Lin Che interrupted him and handed him a cup of hot water that he had just ordered.

His voice was calm and steady, carrying a reassuring strength: "Wall Street is taking this opportunity to drive down prices. The more they suppress prices, the more they want to buy."

Lin Che squatted down, his gaze level with Lao Xiao's, his face filled with sincerity and sorrow.

"This is just the darkness before dawn."

"As long as our data is accurate, these short sellers will be crushed when the Q3 financial report comes out."

Old Xiao looked at the young man in front of him.

Amidst the despair that filled the room, only the young man's eyes still burned with fighting spirit.

What a great employee!

Not only are they highly skilled, but they also have such a stable mindset.

Old Xiao was so moved that his eyes welled up with tears. He patted Lin Che on the shoulder and said, "You've been through a lot. That rumor was directed at you, and you're still comforting me."

"For the company."

Lin Che lowered his head, concealing the fleeting sarcasm in his eyes.

"It's what I should do."

"Okay, okay..." Old Xiao sighed, seemingly regaining some of his spirits. "You're right, the data is real, what are we afraid of?"

Just then.

Lin Che's phone vibrated in his pocket.

He made an excuse to smoke and went to the balcony.

Open your phone.

The message came from David, a brokerage firm, and his tone was full of awe, even fear:

[Sir, profits have exceeded 800%. Should we close the position and take profits? The market is in panic.]

At this point, Yahoo's stock price had fallen to $34.

All technical indicators suggest that the market is oversold and a rebound is possible at any time.

A normal trader would choose to take profits at this point.

After all, ten million US dollars is an astronomical figure.

Lin Che stared at the number, his finger hovering over the screen for a moment.

The candlestick charts from his past life flashed through his mind.

This is just the first wave.

The real panic has only just begun.

As the rumors spread, more profit-taking will occur when the market opens tomorrow.

greedy.

That's ingrained in his very being.

A cruel smile curled at the corner of Lin Che's lips.

He replied with a single line:

No, shift the position downwards and add to the position.

He intends to use all of the ten million US dollars in profit as new capital to continue shorting.

Since we've already fired, we should use up all the bullets.

We must hunt down this behemoth called "Yahoo" and utterly destroy it in a pool of blood.

Lin Che put away his phone and looked at the gloomy sky over Manhattan.

Dark clouds loom overhead; a downpour is imminent.

"Let the storm rage on!"

He muttered to himself.

He turned around and walked back to that hellish scene filled with wails and despair.

There, he was the only winner.

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