You are worth tens of billions before you come to the system?

Chapter 102 Rational
Half an hour later, when he arrived at the International Financial Center, Lin Zitai took out his mobile phone and checked how many missed calls he had.

There were more than 20 missed calls in total, and there was a special number among them that surprised him.

The home number from 551 was called twice.

Lin Zitai called back without even thinking: "Mom, have you eaten tonight?"

"I just finished eating and was walking downstairs with your dad."

"Nothing happened at home?"

His mother rarely contacted him, but she suddenly made two phone calls today. Lin Zitai couldn't help but feel worried.

Zhuang Huijuan smiled and explained: "Everything is going wrong at home. It's all your fault. When I saw you on CCTV, I was so excited that I almost forgot my last name."

I could still vaguely hear my mother scolding my father on the other end of the phone: "Zitai, you are always so busy, why should you call him twice for such a big deal?"

"Why am I so excited? Why don't you just call and care about my son?"

"Hey, I almost believed it. Who called dad just now? Let them watch the replay tomorrow?"

"I do not want to talk to you anymore."

"You can't defeat me, right? I've known you for decades, but I don't know about your little thoughts?"

"My son is fine at home, you don't need to worry."

Lin Zitai couldn't laugh or cry: "As long as everything is fine, by the way, have you gone for this year's physical examination?"

When he became the richest man under 30 years old, his father didn't seem so excited.

Isn’t it just about being on CCTV?
"I've done everything, and there's nothing wrong with my physical examination report. It's your dad who says he has a fatty liver, so I've been forcing him to lose weight and quit drinking recently."

"Fatty liver? You can send my father's physical examination report to me later and I'll have someone take a look at it."

"It's not a big problem. The doctor has said that he only has this problem at his age. He is already well maintained. Stop drinking, eat less and exercise more. It is better than taking any health supplements."

Zhuang Huijuan didn't want to disturb her son, so her tone suddenly hardened: "Okay, hang up, don't worry about mother-in-law and mother-in-law. With your mother at home, there won't be any big trouble, so don't worry."

The next second, Lin Zitai heard a busy signal and stared at his phone, wondering whether to laugh or cry: "The weather in Shanghai has turned cold, don't you plan to care about me?"

Su Jiayue suppressed a smile. It was rare to see Lin Zitai looking deflated, and he suddenly felt fond of his mother.

Lin Zitai clicked on a special missed call and dialed it twice, but from outside the country.

He looked up at the time on the wall. It was already early nine o'clock Beijing time, and pre-market trading had begun in the American market.

The pre-market trading in the American market is like a joint bidding before the official trading of A shares. Only large players or institutions participate.

In pre-market trading, Novartis jumped 12 points at the opening, leaving its stock price at only $96.8.

It is conceivable that once trading restrictions are lifted at the opening of the market and retail investors sell wildly, it will definitely cause a stampede-like plunge.

Lin Zitai looked at the number and thought it looked familiar. After thinking for a while, he called back the call: "Hello, who are you?"

"Lin Zitai, can you still hear my voice?"

Lin Zitai was stunned, with a playful smile on his face: "Mr. Su, how could I forget you?"

About six months ago, he also received a call from Schwarzman, who probably invited him to join Wall Street for the second time.

Lin Zitai did not agree at that time. A few days later, Jinmao issued a new policy to restrict soybean exports.

Then the futures market exploded, and he was wiped out.

Steve said earnestly: "I like you very much, otherwise I wouldn't send out invitations again and again."

Lin Zitai: "Then what?"

Steve: "There is no financial soil in China. You will never realize the greatest power of capital. You belong to Wall Street, and this is your stage."

"Mr. Su, what did I say half a year ago?"

Steve did not answer, but said: "What did the Chinese side do for you when the group went bankrupt? They didn't do anything."

Lin Zitai pondered: "Maybe you are right, but my answer is still the same as six months ago, I am not interested."

A hint of warmth and anger appeared on Steve's face, and he took a deep breath: "Then you are interested in negotiating a deal, right?"

"What do you think."

"You name a price, and I want the patent for the new slow-grain drug."

Lin Zitai smiled and bent over: "Hahaha..."

"Is it funny?"

"Definitely the funniest joke I've heard this year."

Lin Zitai looked at the time with an impatient expression on his face: "Mr. Su, don't waste your efforts. The market is about to open. Let's see the real results."

Steve said in a bad tone: "You will regret it."

Lin Zitai said with a smile: "I said it once half a year ago, why didn't I learn some new lines?"

Listening to the busy signal from the other end of the phone, Lin Zitai shook his head and was in a particularly good mood: "Can't you afford it?"

Entering the operation room, everyone was ready. They all knew that tonight was the decisive moment.

Lin Zitai called Lu Feng: "Manager Lu, how many chips do we still have?"

"All accounts added up, there are still 80 shares."

At the end of the last working day, Lin Zitai used 110 million shares to block the stock in late trading.

In the day's after-hours trading, 28 shares were traded. Today's pre-market trading volume dropped sharply, to only 2 shares.

The market opened in a few minutes, and everyone wanted to sell, but no one bought at all, so the transaction could not be completed.

Lin Zitai pondered for a moment: "80 shares, all concentrated in one account, will be operated by you."

His psychological price is $70, but with the current market conditions, it seems a bit unstoppable without cutting it in half.

He also told six traders: "Everyone is prepared to start buying back shares as long as the stock price is below 70 US dollars." As long as the stock price falls to psychological expectations, he will buy back a part of the stock, and then decide based on the situation.

Speculators can be greedy, but greed is taboo.

At 10:30 Beijing time, US stocks open.

The influence of the new slow-grain drug is much greater than Lin Zitai imagined, and it directly ended the market of Jiulian Yang.

Especially the Dow Jones Index, because almost all European and American medical companies are concentrated in this sector.

The Dow Jones opened at 28520 points, gapping -2.4%, and the index plummeted 684 points.

The broader market index was miserable, but the situation for individual stocks was even worse, with Novartis Manufacturing plunging -32% at the opening.

A K-line was almost invisible. It was still $96.8 one second, and suddenly it was like riding a jumping machine, and it instantly became $74.8.

Lin Zitai stared at the transaction details and told Lu Feng: "Manager Lu, sell [-] shares first and see if you can lead the team."

Schwarzman and the others probably haven't reacted yet, and they want to suppress the stock price below $70 before they take action.

It is best to become the vanguard of the short-selling army and plant a seed for retail investors who are waiting and watching.

The current price of $74.8 is far from reaching the bottom. If you enter the market and go short, it will still be profitable.

As long as retail investors are deceived into the market, Lin Zitai and others can take the opportunity to buy back stocks and cash out.

And the more the stock price falls,

The more difficult it becomes for Schwarzman to be promoted.

Once the stock price is cut in half, no one will be able to do anything unless they use hundreds of billions of dollars to come down to earth.

When Lu Feng heard about it, he immediately sold [-] shares.

A sell order worth US$750 million appeared in the market, and countless retail investors who were waiting and watching followed suit and entered the market without hesitation.

In an instant, Novartis's stock price broke through $70.

It poured down and reached $56, with one dollar left before the stock price would be cut in half.

At this price, there seems to be a huge amount of financial support, and no matter what, the 50% defense line must be maintained.

In just a few minutes, trading volume surged by US$25 billion.

It seems that neither the longs nor the shorts can do anything about the other, and there are vague signs of a rebound in the stock price.

Lin Zitai frowned and immediately ordered: "Sell another 60 shares to curb the rise and keep it below [-] US dollars."

He realized that Blackstone Fund had entered the market, and if they compared the amount of funds, they would definitely not be able to compete with them.

But Schwarzman didn't seem to be irritated by his words, and very rationally set the defense line at 50%, which is $55.

There's a feeling that I can't even try.

He was unwilling to give in and wanted to try again.

…………

Meanwhile, Wall Street’s Blackstone Group.

The assistant on the side said: "Another sell order for 60 shares appeared for $[-], which should be Prince's bargaining chip."

“As long as it’s not under $55, forget about it.”

Steve drank coffee with a calm expression, not as angry as when talking to Lin Zitai.

As soon as the news about the new slow-grain drug came out, he urgently contacted the management of Novartis Group.

Novartis frankly stated that they have no countermeasures in the face of drugs that can cure early-stage chronic myelitis.

After discussion, the two parties formulated two plans.

The first one asked Lin Zitai if he could transfer the patent. Although the possibility was slim, he had to try.

If Lin Zitai refuses, he will adopt the second option.

No hope of saving,
If the stock price is going to fall, let it fall.

Drugs that can cure chronic myeloid...

Just thinking about it makes me unable to resist.

Novartis’ flagship product is Gleevec.

It is said that the snake hits the seven inches, and the new medicine that can cure chronic granuloma is just a nail, firmly stuck in their seven inches.

What's more, speculators are still watching.

In this case, even if you try,
It will increase the burden on yourself.

Therefore, the most sensible way is to set up an insurmountable line of defense at a low price, cover positions to amortize costs, and then try to increase prices when opportunities arise in the future.

If Lin Zitai wants to make money, let him make it.
It’s only a few hundred million dollars anyway.

In order to blow up his position of hundreds of millions of dollars, he would have invested billions or even tens of billions of dollars.

This deal is not worth it. After all, no matter how hard you are to fight against someone, you can't fight against money.

Steve likes a saying,

There is a long way to go, but there will always be a time to see each other again.
The laughter now is not laughter, and the crying now is not crying.

　I owe you a chapter if I have something to do tonight.

　　Try to make up for it on the weekend.

　　……

　　Thanks to Inedible Seafood, Book Friends 2021, and Peach Blossom Island Master A for the reward.

　　
　
(End of this chapter)