Chapter 3294 Wall Street Goes Crazy
‘Slingshot theory’ means that no matter what it is, there will be a limit to its suppression. Once this limit is reached, it will rebound violently. Just like if you suppress ‘Wal-Mart’ to $1 and want to continue to suppress it, no matter how much negative news you use, no matter how many policies you use to influence it, people will continue to buy ‘Wal-Mart’ stocks. Because everyone believes that it still has value and believes in the value of ‘Wal-Mart’. And when it is suppressed to the limit, it will rebound wildly.
Similarly, Madoff continued to push up ‘McDonald’s’ and ‘KFC’. Then when it reached a certain limit, everyone would hesitate about the market value of the stock and whether to follow suit. At this time, as long as there is a little negative news, the market will move at the sound of the wind, and the stock market will collapse!
“Boss, you asked someone to push it up!” Lin Chiling just realized it at this moment and exclaimed.
Lin Feng blinked.
“It’s not me who pushed it up. It’s the plan proposed by Madoff. I just agreed.” Lin Feng said.
"Then what is the straw that broke the camel's back?" Lin Chiling asked.
"A piece of news!" Lin Feng said.
What news will cause the stock prices of McDonald's and KFC to collapse?
Rumor has it that Lin Feng found shareholders of McDonald's and KFC and bought 100 million shares to fill the positions!
This is a rumor in the market. A sudden rumor. All Wall Street traders are panicking. If this is true, then Lin Feng is not afraid that he will not be able to deliver the stocks when the delivery period comes, and will eventually be forced to close the positions. If this is the case, then these Wall Street traders who hold shares will go crazy. They will collapse. The loss will be huge.
"Wait, this may be a rumor! It's a rumor!" The prestigious trader shouted. However, sweat was pouring down his forehead. Regardless of whether this is a rumor or not, at such a high price, the hearts of the entire Wall Street are fragile, even a little neurotic, and the slightest disturbance can easily cause an uproar or even a disaster.
I just hope that the truth of this news can be confirmed quickly.
Soon. In just three minutes, news came out, proving that the news was just a rumor. No shareholder of McDonald's and KFC sold their shares to Lin Feng, and they also promised that they would never sell their shares to Lin Feng.
This declaration made Wall Street feel a little relieved. However, something terrifying happened.
On the market. Suddenly, there were countless buy orders. Most of these buy orders were 1 lot or 2 lots. Although there were few buy orders, they added up to tens of thousands of lots.
This was obviously not what the big institutions said, but some retail investors entered the market and wanted to grab a vote.
What to do? Sell or not? If you sell it, it will be money, that is the money earned from real money. Some people are tempted. But no one has taken action yet. Because no matter who is the first person to sell the stock, it will be found out afterwards. If he caused the stock price to collapse. In the end, Lin Feng benefited. Then he would become a sinner, a sinner of Wall Street. Wall Street will have no place for him.
So, no one dared to act rashly, everyone was hesitating and thinking.
At this time, a sudden sell order appeared.
10,000 lots! Someone sold 10,000 lots instantly!
Buying orders continued to emerge. There were a large number of buy orders again, and people continued to sell. This time it was relatively small, only 5,000 lots. But they appeared one after another, and everyone was unnatural and began to go crazy.
"Hurry up and sell, someone sold it first. If you don't sell it, it will be gone if you are late!" Someone suddenly shouted, and then the selling orders suddenly surged.
At this moment, everyone panicked. The whole Wall Street was panicked. Those traders. Started to deliver frantically.
"Asshole! This is a conspiracy! Conspiracy! This is Lin Feng's conspiracy!" An investment manager of the Morgan Consortium roared. He personally rushed to the trading hall and roared to calm everyone down. Because he found that those buying orders, small batches of buying orders, all came from a fund called "Fengshen Investment". Just from the name, it is known that it is related to Lin Feng. And the huge selling orders, although they came from another fund, according to Morgan's investigation, the owner behind it is Lin Feng.
This shows that this transaction is simply controlled by Lin Feng. He took advantage of the Wall Street traders' frightened mentality and planned the current crash.
Morgan's investment manager rushed in, but it was useless. Everyone was crazy. They all wanted to deliver the goods quickly. Although they heard the words of Morgan's investment manager, their brains barely recovered a trace of clarity, but the subsequent shouts of surprise completely destroyed the last trace of clarity.
"Aha, I sold it, I sold it! I made $8.5 million! I made a full $8.5 million!" A trader suddenly laughed wildly.
"I sold it too! I sold it too! I made $21 million!" Another trader rolled on the ground with laughter, like crazy.
At this time, all traders were no longer calm. They saw someone successfully sell, so how could they remain calm. Although they also knew that it was impossible for everyone to sell, why couldn't they be the lucky one? Why would they definitely be the unlucky one?
This doesn't make sense! There is no justice! So they are also crazy.
It's over! Morgan's investment manager completely collapsed. At this point, even the gods could not save them.
Indeed, even the gods could not save them. At this time, news came from China that the chickens used in McDonald's and KFC fried chicken were all fast-growing chickens, all fast-growing chickens that had taken hormones, which were harmful to the human body! This news was undoubtedly a bolt from the blue.
The Chinese market has become the most profitable area for McDonald's and KFC. If something goes wrong here, the entire company will be affected. Although this may be Lin Feng's manipulation behind the scenes, using his strong connections in China to manipulate all this and expose this "fast-growing chicken", no matter what, McDonald's and KFC are in trouble at this moment.
The stock price collapsed!
In just 15 minutes, the stock price of McDonald's fell from $400 to $278, and KFC fell directly to $147, and it was still falling wildly.
It's over! It's over!
"I'm going to lose money, I'm going to lose money! I'm going to lose all my clients' money!" A trader screamed heartbreakingly.
"Oh my God, I lost all the clients' $75.2 million! Oh my God, I'm done, I'm done for this life!" Another trader banged his head against the table desperately, his head was bleeding, and this guy went crazy.
There was a wailing. The whole Wall Street was miserable. Everyone was devastated at this moment. They were stunned. They were crazy. Their fate was doomed. The fall of stock prices was also doomed.
But at this time, Lin Feng gave them the final blow.
Lin Feng stood up, walked to the front of the hall, and looked at the Wall Street traders who were in mourning.
"Everyone. In fact, before I shorted 100 million shares. I quietly acquired 100 million shares through more than ten accounts. So, no matter how much the stock price falls, I will not lose money, but only make money! Thank you very much for your cooperation, which allowed me to make a lot of money! Thank you!" Lin Feng bowed.
Puff! Everyone was so angry that they vomited blood at this moment.
"999! Call 999! Ambulance!" Someone exclaimed.
One after another, people were angry and fell down by Lin Feng. At this moment, they were really speechless. They were really mad. They were going to be mad.
"Lin Feng, you're a devil!" The investment manager of the Morgan consortium pointed at Lin Feng and shouted angrily, "You cheated all the traders on Wall Street for your own benefit, you devil! Do you know how many people will lose their jobs after today? Do you know how many people may lose their families after today?"
Everyone responded. They may really lose their families and their wives and children as the Morgan investment manager said. In the United States, almost most people do not have the habit of saving money. Once they lose their jobs, the huge bills will crush most people. At that time, the TVs, refrigerators, cars, and villas they bought on installments may be taken back by the bank. At that time, they will have nothing.
Lin Feng, this devil!
"Devil? I don't think so! I'm just following the rules of the game, but my methods are more sophisticated. And, to be honest, I really want to acquire McDonald's and KFC, but you insist on making trouble and making a fortune from me, so I have no choice but to take the opportunity to make a fortune and leave. If you really want to blame someone, don't blame me, blame your greed. It's your greed that hurt you. Not me!" Lin Feng said coldly.
"You..." Morgan Investment Manager was so angry that his teeth itched.
"Okay, there's still half an hour before the market closes. If you want to lose less, try to stabilize the price! But I think it's difficult to get this price!" Lin Feng said, looking at the market.
At this moment, the stock price of McDonald's has fallen to $160, and that of KFC has fallen to $70, both of which are almost back to their original prices. But in the current situation, it is very likely that the stock price will continue to fall. If that happens, the loss will be really big.
No one is selling anymore. Anyway, they can't sell at this moment. It's better to keep their footing and prevent the stock price from collapsing. But the general trend is hard to change. The stock price collapse has become a general trend. It is no longer something they can solve by not selling. Moreover, everyone buys at different prices and suffers different losses. Therefore, some people have fallen below the limit and don't want to sell anymore, but some people only lose a little. Since it's just a little loss, why not sell it and reduce the loss. After all, such a stock price may never appear again in the future.
In the end, the stock price fell back to its original position. McDonald's stock price is 120 US dollars, and KFC's stock price is 57 US dollars.
But Lin Feng is not finished. This game is still one last shot.
"I declare that from today, 'Qidian Fast Food Restaurant' will be closed for rectification and will be put back on the market in one month. We will build the best fast food restaurant in the world! All stores will be sold directly, and all franchise stores will be cancelled to avoid the uneven quality of franchise stores affecting the company's image. After opening, all branches anywhere in the world will maintain the same star standard, the same service, and the same price as the head office, providing all customers with a new global integrated fast food!" Lin Feng pointed the finger at the franchise stores of 'McDonald's' and 'KFC'.
The stock price fell again.
Lin Feng made a fortune! (To be continued)