Little Warlord 556, Little Warlord Text Chapter 556 New York Stock Exchange
This article comes from [%] Cai Chenfang and Hu Qiying sat there with some fear (the first high-quality text is in %).
It's been a long time since I've seen the president.
They are two liars, but to a greater extent they are just subordinates of the president. None of their actions can escape the grasp of the president.
As New York was the last stop of his visit to the United States, the president still thought of them.
Wang Hengyue has actually been thinking about these two liars.
They were very good. They brought them much-needed huge amounts of money back then. This astronomical amount of money is still playing a huge role today!
"President!" "President!"
As soon as Wang Hengyue walked in, Cai Chenfang and Hu Qiying stood up quickly.
Wang Hengyue waved his hand and asked them to sit down again: "What are your names in the United States now? What are your identities?"
"The general manager of Sinsclair Gold Investment Company, Luke, and the general counsel, Murray, use their identities as Japanese."
"Okay, very good, you are very willing to use your brain." Wang Hengyue nodded: "You know how to try not to cause trouble to me and the Chinese government. In the previous stage, you deceived an Italian Ponzi. That was a liar and a liar. There is nothing wrong with it.
It’s a big deal, but the people who were deceived this time are all Americans, and the nature is different. It’s best to use the identity of a Japanese..."
I asked some details about "Sinsclair Gold Investment Company" and it was exactly what Wang Hengyue imagined.
Well, the MLM scam has begun, so who do you think you are? The founder of MLM? Thinking of this, Wang Hengyue laughed out loud...
"These are all trivial matters." Wang Hengyue suddenly said: "Whether it's defrauding Ponzi of a few million dollars or defrauding those Americans of tens of millions of dollars, even though it sounds like a huge sum of money.
But in my opinion, the scale is still small.”
Cai Chenfang and Hu Qiying looked at each other.
Does the big boss mean that there is another shocking scam being planned there?
"I will leave you a group of people (high-quality writing, all in %) who will serve as your subordinates and assistants." Wang Hengyue pondered for a moment: "I will explain the specific plan to you in detail later. However,
Once this plan succeeds, I think you will no longer have a foothold in the United States."
Cai Chenfang smiled and said: "President, it is difficult for people like us to stay in one place for a long time. If the president allows it, after completing this vote, we want to return to the country..."
"It's okay to return home temporarily..." Wang Hengyue nodded and said, "This time, take a good rest and adjust for a period of time. My sphere of influence is your best safe haven..."
Throughout the morning, Wang Hengyue was discussing some details with Cai Chenfang and Hu Qiying.
Cai Chenfang and Hu Qiying went from being casual at first to becoming more and more solemn later on.
It's terrible, it's really terrible. If this plan is fully implemented, it will cause a terrible chain reaction, and even have an extremely huge economic impact on the United States and Europe.
This is similar to the "Shanghai Gold Stock Scam" that was conducted back then, but in terms of specific implementation, it was more complete, more sophisticated, and more massive than that scam...
What was going on in the president's mind? Could it be that he was also a liar like himself before? Such thoughts popped up in Cai Chenfang and Hu Qiying's minds at the same time.
Maybe, maybe.
Wang Hengyue left them to have a simple lunch and personally escorted them to the door: "I will return to China soon. I won't be able to see you for a long time. I hope everything goes well for you in the United States. See you in China."
"
“See you in China!”
After seeing off these two liars, Wang Hengyue was in a very happy mood. This trip to the United States should be considered very smooth.
As for the plan that he and the two scammers agreed on, if it succeeds, it will have a great impact on the U.S. economy. He can take the opportunity to profit from it. If it fails, he will not be affected.
Of course, Wang Hengyue still hopes to succeed deep in his heart!
"President, Martin is waiting for an interview outside."
"Let him in."
Martin, a foreigner who fought in Chongqing with intelligence agent Wang Huihai during Wang Hengyue's battle to unify Sichuan, was sent to the United States in 1918. He served as the general manager of the "Baru Investment Company" directly invested by Wang Hengyue (High Quality).
The text is first published, all in %).
In 1919, Martin successfully purchased a seat on the New York Stock Exchange for an incredible price of one hundred thousand dollars.
With the influence of the European War, the New York Stock Exchange suddenly became the largest and most influential trading market in the world. However, institutionally speaking, it is almost the same as when it was first formally established in 1817, that is to say, it is still
Being a private club, the purpose of the exchange is still to protect the interests of its members, that is, the interests of those who hold seats, rather than for the benefit of the public. Like most private clubs, the New York Stock Exchange is managed internally
There is no democracy at all.
Like most clubs, the exchange is controlled by a small group of members - an oligarchic group who always try to maintain their status. They occupy almost all positions and committee seats on the exchange. In the exchange
, the power of the oligarchy is not evenly distributed according to the proportion of members. Although the partners of large brokerage firms have seats on the exchange, about half of the seats are controlled by specialized brokers and floor traders, and the latter two groups
It also holds two-thirds of the seats on the Exchange Management and Legal Committee, the most prominent position in the exchange.
Specialized brokers "make the market" for specific stocks. Their job is to maintain a "fair and orderly" market. Each specialized broker has detailed records of all buy and sell orders for a certain stock. When the stock price meets
They execute these buy and sell orders when requested by buyers or sellers. In this way, they are in the most advantageous position and can be the first to know the market news and make profits from it.
There are no regulations prohibiting these specialized brokers from seeking personal gain from the stocks they market, and there is no way to prevent them from leaking inside information to others to help them make money, and they themselves take a commission.
Floor traders are different. They only trade for their own accounts. Compared with ordinary investors and speculators who can only keep coming to the broker's office to get little information, they have two huge advantages. First, they have two huge advantages.
, because they can trade on the exchange floor, they can get the latest news about market changes and buy and sell at lightning speed. Secondly, they do not have to pay brokerage fees, so they can buy and sell stocks and bonds at will, using
Profit from slight price fluctuations.
However, they can collude with each other or with specialized brokers to manipulate the market for their own benefit!
Joint market making was commonplace at the time. Although "wash selling" was prohibited, these groups could still carefully create a series of false transactions among group members, commonly known as "counter-trades." These counter-trades would be automatically quoted in the stock price
A false stock trend is created on the machine to trick other speculators into buying and selling in the direction the group wants (high-quality text is first published, all in %). Once the target is achieved, they quickly leave the market, thereby obtaining considerable profits, and
Outside speculators are still in the dark.
Floor traders also occupy an excellent position, and they often stage short-selling attacks. They will use a series of short-selling to continuously suppress a certain stock, or suppress the entire market. Then, because they are in the entire
The core of the market can judge better than outside speculators when the market is really close to the bottom, and once the market bottoms out, they will immediately close their positions to obtain maximum profits. At this time, the buyers on the periphery have just started to buy.
.
It's a bit like stealing with an officially licensed "theft" license, at least for those astute and bold speculators. In most cases, they steal from ordinary investors, but sometimes,
They will even steal from weaker members of the club.
"One hundred thousand dollars is very cheap." Wang Hengyue nodded and said: "A position on the New York Stock Exchange is worth spending no matter how much money you spend. So, I have made a huge investment, what return have you given me?
"
"One and a half million U.S. dollars." Martin smiled and said: "So far, I have successfully made one and a half million U.S. dollars by controlling Master's stock. Of course, I started with those on the New York Stock Exchange.
I played a game, and I almost lost the game!"
Wang Hengyue became interested immediately: "I know that my 'Balu Investment Company' has made a lot of money, but how exactly does it make money?"
"A year ago, I started investing in and controlling Master Company. Through various means, I finally succeeded in controlling Master Company." Martin said slowly: "In January this year, Master's stock began to rise. Before that, it
The trading price on the New York Stock Exchange has been hovering around US$100 per share. By the end of January, it had reached US$120 per share. On February 2, it rushed to US$134 per share. Then, short-selling speculators began to enter the market.
market, preparing to launch a short-selling attack on this stock. Some of the short sellers are core members of the exchange, but in comparison, I am not a core member of the exchange."
Wang Hengyue listened very carefully, interrupting Martin from time to time to ask about the specific situation, and then nodded frequently, asking Martin to continue telling the story.
This is very important for his future investment and plans in the United States. Wang Hengyue does not want to give up easily on every detail and every step.
And a thrilling story related to stocks and the New York Stock Exchange slowly came out from the mouth of Martin, an American! (To be continued)
Little Warlord 556, Little Warlord text Chapter 556 The New York Stock Exchange has been updated!