NOVEL SIMPLE Chapter 314
Chapter 314 Wei Ziqi: I Will Stand At The Apex Of Power
“Brothers have done a great job, now those short-selling institutions are already pale, hahaha!!”
“Brothers are great, let those Wall Street institutions know the strength of our WSB.”
“GME’s share price has reached $130, but it’s not enough, we have to do more, our target is $1,000!”
“…I know that there are many old buddies who have made a lot of money now.”
“…but what I’m trying to say is, hopefully this time we’re united, and we’re going to show the shit on Wall Street how good we are.”
“…Brothers, don’t sell your GME stock, we will continue to push the price higher!”
“Don’t sell, don’t say anything, this time we must make those Wall Street institutions look good.”
“Yes, I can’t sell it. I’m ready to lose all the three thousand dollars. Even if I lose three thousand, I will make those dogs @日 look good!”
As GME’s stock price skyrocketed, in fact, many of the first batch of people who bought the stock had made several times their money at this time.
If someone starts to unwind and sell stocks at this time, it will inevitably bring GME’s stock price back down.
In fact, as long as you have a little understanding of the stock market, you will know that GME’s stock price is inflated, and it is completely supported by a group of retail investors.
But as soon as retail investors start selling, GME’s stock price will plummet.
According to the usual logic, people are chasing interests. Under normal circumstances, retail investors have already started to sell at 550.
But this time retail investors are taking on Wall Street in an organized, disciplined, and programmatic way.
Under such an organized group, even if someone secretly sells their own stock, it is only a small part.
Most of the people are still the same enemy, Kai, and have been insisting.
The main reason is that retail investors don’t have a lot of funds, and each of them may put out a thousand or two thousand dollars, and it is entirely supported by the quantity.
In this case, even if you make money, you don’t actually make as much as you think, which is why retail investors can hold on to not selling stocks.
With the duel between many retail investors and Wall Street in GME stock, it has already attracted the attention of the media news.
Those retail investors who were harvested before, this time saw that on the GME stock, retail investors even beat Wall Street institutions without a fight.
This group of former retail investors was also excited and joined the siege of short-selling institutions on Wall Street.
Don’t take revenge at this time, when will it be!
It is also in this situation that GME’s share price is climbing.
Originally, the members of the WSB organization felt that the matter had come to an end, and that Wall Street had no room for a turnaround.
But who would have thought that on Tuesday morning, events took a dramatic turn.
“Dude, what’s the matter? Why can’t the ‘Robin Hood’ app buy GME stock? Is there something wrong with the app?”
“Me too, GM (cgaf) E is suddenly unbearable.”
“What’s the matter? Not only ‘Robin Hood’, but also other brokerage apps can’t buy this stock.”
“I tried a lot of brokerages, and it seemed that brokerages all over the United States were no longer buying or selling this stock, and I called them and said it was a server problem.”
“FUXK, these bastards of Wall Street, this must be their conspiracy!!”
“We were tricked by Wall Street and brokerages!”
“Dude, there is another brokerage you can buy, but this brokerage belongs to Maple Leaf Country, we have to re-register first!”
A move by the Wall Street institution to shut down the server caused a panic among retail investors.
However, although Wall Street is powerful, it cannot control the world.
In line with the principle of making money without making bastards, there are still some brokers outside the United States who can continue to buy.
It’s just that you need to register more, which is more troublesome.
However, retail investors are not afraid of trouble. Instead, they are even more angry when Wall Street makes such a fuss. Everyone has registered with overseas brokerage APPs and continued to buy.
Visible to the naked eye, the price of GME stock is still slowly rising.
Until Thursday, the U.S. Securities and Exchange Commission issued a message saying that there was a problem within the company GME, and it temporarily stopped trading in GME stock.
At the same time, major media in the United States are reporting that this GME stock rally has been infiltrated and influenced by foreign forces.
For the sake of national security, the US Securities and Exchange Commission had to stop trading in this stock.
That’s right, how could we on Wall Street lose to a group of retail investors and be ripped off by a group of retail investors.
Since we cannot defeat these retail investors on the battlefield, let us use reasonable and legal means, administrative and over-the-counter methods, to let you retail investors know that we are invincible on Wall Street.
This trick is called ‘unplugging the network cable’!
And the Wall Street short-selling agencies did not expect that when they toasted to celebrate the retail investors met with blood again, the WSB buddies were completely furious.
It was eight o’clock in the morning in the Xia Kingdom, and it was eight o’clock in the evening in the United States.
Wei Ziqi is in a video conference with his team.
“Mr. Wei, now Wall Street has used such a bad move, and all our stocks have been caught.”
Fan Hongyi said worriedly at this time.
Trading in GME stock was closed, and even if the market reopened, it was expected that the stock price would plummet at that time.
And now that Wei Ziqi’s organization already holds a large amount of GME stock, in that kind of crash, it’s impossible to sell the stock.
Although based on GME’s basic market, it is impossible for this stock to be delisted. At most, it will return to the price of four or five dollars per share.
Many stocks in Wei Ziqi’s organization were bought at that price, so it’s not a loss for the time being.
But not all the stocks his organization purchased were in this price range, plus various service fees, the final result was bound to be a loss.
Even Fan Hongyi is a little confused now.
Although he knew that Wall Street didn’t work, they were a bunch of vampires.
But doesn’t the United States advertise a free market? If you do this on Wall Street, you are slapping yourself in the face, and you are telling the world that our United States is a bullshit free market.
“Don’t worry, Lao Fan.”
Wei Ziqi was in the study at home at this time.
He didn’t turn on the lights, only the dim light of the monitor and the fire of the cigar in his hand made his face look extremely mysterious, just like people’s impression of the mastermind behind the scenes.
Wei Ziqi took a sip of a cigar worth several hundred dollars a piece in his hand, and after puffing on the clouds, he flicked the cigar in his hand like a godfather, and said calmly:
“…Someone will be more anxious than us.”
Fan Hongyi moved in his heart and said, “…Mr. Wei, you mean those retail investors?”
“Those retail investors are on the one hand, and on the other hand, Lao Fan, you must know that Wall Street is a symbolic term, not the name of an institution.”
“…When there is an economic crisis, the Wall Street institutions naturally go out in unison.”
“But at the same time, when the economy is stable, they are competitors themselves.”
“…Since the short-selling institutions headed by Melvin and Cigarette can short GME, then when there are so many retail investors, those long-selling institutions will not bet against them?”
“Those retail investors are the foundation of the bottom. The reason why GME’s share price can rise so fast is that there must be institutions that are secretly doing more.”
“…these short-sellers use over-the-counter means to prohibit stock trading, but this also breaks the rules of the game and is an enemy of those who are long”
. “Old Fan, use the 100 million US dollars in the reserve fund. After the ban is lifted, you will start to buy all the stocks on the market.”
“…then get ready to sell at any time!”
Wei Ziqi paused for a moment, and the corners of his mouth evoked a calm smile, everything under control, “… Now, let the bullets fly for a while!”
Seeing Wei Ziqi’s confident attitude, Fan Hongyi and the team members who were flustered in their hearts were also relieved.
“You can rest assured, Mr. Wei, we will make detailed plans and we will not disappoint you!”
“I look forward to good news from you.”
After closing the video conference, Wei Ziqi closed his eyes and pondered for a while before laughing: “…When my laboratory technology research is successful, I will naturally stand at the apex of world power.”
“…because whether it is for those in power or the rich, there is actually only one thing they are most afraid of, afraid of, and concerned about the most—_”
“That’s ‘Lifespan and Disease’!”.