Chapter 374: Three trillion dollars evaporated!
With the outbreak of the Internet bubble, stock prices fell sharply, and those investment banks that were still optimistic about the Nasdaq were dumbfounded.
There is no shortage of smart people on Wall Street, but there is definitely no shortage of self-serving and opinionated people!
"Persevere~"
"hold onto!"
"I don't believe it, this market can really end there!"
"The Internet represents the future!"
These investment banks who still firmly believe in the market have all made heavy bets on the Nasdaq. Even if the stock price drops sharply, causing them to lose hugely, they must and can only make a desperate bet.
Bamorui Investment Bank.
It is a small Wall Street investment company founded in 1995. Its initial investment was to devote itself to the Internet industry. After several years of polishing, it has developed into an investment bank with 2,000 customers and more than US$500 million in assets under management.
"Selling?"
Skate, the president of Bamorui Investment Bank and also a major shareholder, laughed at himself: "Now Internet stocks and technology stocks in the United States have fallen one after another, and the decline in stock prices has exceeded our expectations. However, we have sold out the stock now, it is really true. Is it all right?"
"......"
The executives of the investment bank are silent.
For a long time, an executive sighed: "Yes, even if we sell out the stock, the huge loss is not something that Bamori Investment Bank can afford!"
The tragedy of small investment banks~
The top five investment banks and some medium-sized investment banks, even if they sold out their stocks, caused a lot of losses, but compared to their huge amount of funds, they could hold it.
In the words of Merrill Lynch’s Vice President of Investment Department Sifulte: “The big deal is one or two years of nothing. We Merrill Lynch can afford it!”
Yes, the existence of Merrill Lynch Securities can afford it!
However, those small investment banks that desperately choose to invest in Internet stocks can't afford to compensate.
"Humph!"
Bamorui Investment Bank President Scarter coldly snorted: "Now that we have sold out the stock, it is inevitable that the company will go bankrupt. If this is the case, we will fight to the end."
He has no choice!
The lightness of selling stocks is still the fate of bankruptcy. Therefore, they can only go to the dark one by one.
"What if... a miracle comes?" Scarter could only pray to God.
at the same time.
Looking at the entire Wall Street, there are definitely not a few investment banks that choose to work with the Bamorui Investment Bank to go all the way to the dark and die hard.
"If you don't give it a try, you will definitely die!"
Many people gritted their teeth and roared in their hearts.
If they have a choice, they will definitely sell these "junk stocks" as soon as possible. However, they have no choice!
They are not idiots, on the contrary, they are all people who know what is at stake. Again, the losses caused by the dumping of stocks, they can't afford, they can only bite the bullet and support it.
"Stabilize the decline of the Nasdaq, we have room to fight back. If the stock price drops again, we will all be finished."
Go all out~
"You sell stocks, then we will continue."
"How many connections are there~"
"The decline in stock prices must be curbed!"
.......
Gale Capital.
Watching the trend of the stock price, Andy Chelop immediately said to Zhu Ke: "Boss, these guys really chose to die hard. In this half an hour, the Nasdaq stock price fell and was actually contained. ."
Zhuke looked at the Nasdaq trend and couldn't help laughing.
contain?
Do they stay in containment?
The five major investment banks are selling stocks on a large scale;
European capital and Asian capital are also in an emergency retreat;
As for 75% of the stockholders in the United States, they are even more panicked to throw away all these junk stocks.
"Under the general trend, can they hold it?"
Zhu Ke laughed and said: "Today, these tough guys, if they can't come up with 200 billion U.S. dollars, then nothing is worth talking about. But...if they really have so much cash reserves, they will definitely not support it, I guess. I retreated early."
Andy Chelop nodded heavily.
A lot of money means they can afford it.
But the most realistic thing now is that they don't have much money!
As expected.
In the face of this surging wave of the Internet bubble, how can their small and medium-sized investment banks be able to resist the desperate efforts of these small and medium-sized investment banks? The falling stock price was only contained for less than an hour before it fell again.
No one can stop it!
The Federal Reserve and the U.S. government authorities have also launched an emergency rescue plan and invested a lot of money in order to save the Nasdaq storm.
But is it useful?
There is a fart!
This money was invested in the stock market rescue, at most, it was a few waves, and then there was nothing.
"It's over, Nasdaq can't save it~"
Rescue?
How to save it? !
At the beginning of 2000, there were more than 900 listed companies in Nasdaq. If measured by profit and loss data and industry scale, the total market value would be more than 5 trillion US dollars.
But what about before the crisis broke out?
The market capitalization of all listed companies on the Nasdaq combined outrageously exceeds 2 billion U.S. dollars.
The degree of falsehood is up to 4 times.
The amount of moisture in the speculation here is simply appalling.
Who can withstand such a large funding gap?
No one can stand it! Under this billowing wave, any obstacle in front of it will be ruthlessly destroyed.
Down!
Down!
Still falling!
No one can stop the outbreak of the Internet bubble!
"Completely finished!"
"My investment bank...my investment bank...but I have worked hard for decades. I don't want to be today, I will lose all my life!"
"Retreat? A **** retreat! Even if I sell all the stocks now, what will happen? I can't afford to lose those customers' money!"
"Hahaha, what's the use of talking about these now? Now, I have to die or run away, there is no other choice!"
In less than a day, many people went crazy.
Three days ago, the Nasdaq Index reached a historical peak of 5,048 points, but today, the Nasdaq Index is less than 4,000 points.
Heaven, hell, one step away!
In a blink of an eye, it was already 5 o'clock that night, and it was time for Nasdaq to close today.
Many people were dumbfounded, staring at the horrible stock price.
This day is worth remembering.
Today, 500 companies listed on NASDAQ went bankrupt, 40% were delisted, 80% of companies fell by more than 80%, and the evaporated market value exceeded US$3 trillion.
The sorrow everywhere is not enough to reflect today's case.
"Huh~"
When Zhu Ke saw the closing, he was really relieved and asked: "An Di, how much did we make short today?"
Hearing this, Andy Chelop immediately suppressed his excitement and said: "Boss, we shorted many companies today and made a total of 200 million yuan."
"So much?!" Zhu Ke's pupils shrank.
It was Zhu Ke that Rao had prepared, but he was still shocked.
Man, this is 200 million U.S. dollars, not 200 million VND!
Antiy Chelop laughed and said, "This is because we are not sufficiently prepared, otherwise, as we are in today's situation, we will definitely be able to earn more as we expand the results."
Undoubtedly, Dafeng Capital has become a big winner in today's stock market.
Similarly, those dozens of investment institutions that, like Dafeng Capital, chose to sell their stocks early, are making huge profits today, and every one of them is overwhelmed.
"Hold your breath~www.wuxiaspot.com~ This is just the beginning. There are a lot of opportunities to make money later." Zhu Ke squinted his eyes with a good heart.
But isn't it? In the future, there is a lot to be done shorting the stock market. It is no exaggeration to use gold everywhere to describe it.
The follow-up operations basically don't need Zhu Ke to bother about, and the professions of An Di and others don't need to worry about Zhu Ke at all. They can do very well, and they have to do better than Zhu Ke's own battle.
The tragic situation of Nasdaq did not turn around until after 2006. Then, it's a **** subprime mortgage crisis.
The troubled America!
"what?"
Suddenly, Zhuke thought of someone and said, "An Di, you know Henry Juggenberg and his Hurricane God Investment Company, how is the situation today?"
"" The first update is sent.
This story will come to an end soon, um, basically today.
