Chapter 778 - 321: Would Marrying Someone Else Be Better?

Chapter 778: Chapter 321: Would Marrying Someone Else Be Better?

Jiang Banxia’s four billion US dollar short position ultimately came down.

For Wall Street, the urge to squeeze was even stronger.

Consider it a small appetizer before the main course.

Four billion US dollars is no small amount.

It could support a slew of Hollywood actresses, fund a year-long inparty event.

The support at the bottom, they didn’t pay much attention to, after all, it’s normal behavior.

If the bottom support for US Stocks wasn’t strong enough, where would they harvest retail investors?

Moreover, it’s just forty billion US dollars. Every ten points of Boeing have at least one hundred and twenty billion US dollars as support; otherwise, they wouldn’t dare hold a sixty billion US dollar short position.

After they utilized the chips from the brokers, just as they expected, a twenty billion US dollar short position opened the floodgates ten points underwater.

From that moment on, it’s impossible to short Boeing today.

After dipping to ten points underwater, it quickly surged, with Boeing’s stock price rising one point per second, gaining five points in just a few seconds.

Two minutes later, it skyrocketed directly to one point above water.

At this point, based on the data they collected, the opponent was only thirteen points away from liquidation.

These thirteen points weren’t an insurmountable chasm; the resistance above was very minimal.

However, they also dared not push too high, just a brief uplift would suffice; otherwise, too many profit-taking chips might crash it down from the peak.

After a few more minutes, Boeing’s stock price continued to rise, almost reaching ten points.

From a drop of ten points to a rise of ten points, there was a full swing of 22 points in between.

Jiang Banxia’s long account, with fifty billion US dollars in chips, had already earned over ten billion US dollars by this time.

She began to sell off the chips in small amounts, a few million at a time.

Within a few minutes, she had sold about thirty million US dollars worth of chips, and the opponent became impatient, opting for a large-scale uplift.

This triggered Jiang Banxia’s predetermined large-scale sell line, and when it reached twelve points, she instantly dumped five billion US dollars of chips.

On the opponent’s second uplift, Jiang Banxia dumped another five billion US dollars.

Her only thought was to prevent the opponent’s funds from getting her liquidated.

The opponent paused for a moment, finding profit-taking activity increasing, which indicated the situation was becoming more unfavorable to them.

"Damn it, why are there so many chips being dumped? We’ve already used twenty billion US dollars!"

"There are too many profit positions now. If this continues, it will affect our operations next Monday. Either we give up, or we have to go all out to squeeze the opponent."

"Squeeze them!"

Giving up? That’s unrealistic.

They were currently in a losing position.

The short position was losing money, and if they gave up, the long position would lose money too.

It’s like doing nothing; with the imbalance in long and short prices, they would lose money regardless of the outcome.

Almost a billion US dollars would be lost.

"Don’t hesitate, guys..."

"What if the opponent adds more margin?"

"Hey, that’s even better, so next week we don’t need to watch others, just focus on them."

Everyone immediately understood what this meant.

It’s just a single account, and that account didn’t have any labels on it; they could completely disconnect that account’s internet connection!

Once they took their profits, they could then take down those funds.

However, disconnecting the internet was an operation they’d only consider if absolutely necessary.

Amidst the frenzied uplift, Boeing’s stock price eventually rose by 13%, reaching Jiang Banxia’s leverage short position’s liquidation line.

However, Jiang Banxia promptly added another billion US dollars in margin.

Then, as Boeing’s stock price surged to 15%, Jiang Banxia added another billion US dollars in margin.

When Boeing’s stock price reached 19%, Jiang Banxia felt the timing was right, and she directly added five billion US dollars in margin,

Then, Boeing’s stock price plummeted in a flash, returning to two points underwater within five minutes.

In one day, Boeing’s fluctuation reached 33 points.

Jiang Banxia had only used fifty-five billion US dollars in total, making a profit of thirteen billion US dollars.

At the same time, she increased her short position by forty billion US dollars.

The long-short duel lasted for over an hour, with Jiang Banxia primarily in control, setting traps step by step.

She knew the opponent would definitely try to squeeze her short contracts and was aware of Boeing’s stock characteristics, mixing her own capital in.

If the opponent didn’t act, she would hardly make any money, perhaps earning just a few million dollars in pocket change through sharp techniques.

But once the opponent entered the field, it was essentially like giving her free money.

The opponent lost too much, at least a baseline of twenty billion US dollars.

That one wave of uplift alone raised Boeing’s trading volume from sixty billion US dollars to one hundred and fifty billion US dollars, indicating how much capital they had used.

For every two-point uplift afterward, they were probably bleeding money.

In A-shares, Jiang Banxia couldn’t play like this, nor did she want to bully people.

In the US Stocks, there were no such concerns; after all, no one could trace the relation between the two accounts, even the IP addresses were different.

Two accounts operated on the same computer, with different IP addresses, which is just a small trick, easily achieved.

But this whole thing had a precondition: Jiang Banxia was certain the opponent wouldn’t turn back.

If the opponent turned back, Jiang Banxia’s capital would all be lost.

"No wonder she’s the world’s richest person; in just over an hour, she made thirteen billion US dollars? What about the rest of the day?"