Pi: Starting from being called a big dog

"Wow, it's not that the change was very quick. It's just that I didn't understand what you said before at all. So I was just thinking about this matter." Lin Miaomiao sighed.

"Don't worry, uncle and aunt already knew about it, and your mother agreed."

"Wait a minute, then confess to me. I'll be the last one in our family to know about it." Lin Miaomiao blinked and looked at Li Yunzhao pitifully.

"Uh. It won't be the last one...right..."

"Oh, forget it. Considering that we will have delicious food every day in the future, it would be nice to have a skewer now." Lin Miaomiao covered her mouth as soon as she finished speaking.

Today’s dinner is precious, and I can’t let Li Yunzhao feel this way.

"You want to eat skewers, right? Let's go. I know this dinner won't be enough for you."

Li Yunzhao warmly invited Lin Miaomiao to come over.

"Oh, I know my wild boar can't eat fine bran."

"Don't say that, you just didn't eat enough." Li Yunzhao said as he opened the door of the cupboard where the dog food was stored. "I haven't added any dog ​​food today."

However, when Li Yunzhao saw the amount of dog food consumed, he was surprised and said, "Damn, this dog is eating at the buffet?"

"Woof woof woof!!!" Hearing Li Yunzhao say this, Moshu anxiously circled around Li Yunzhao's feet, wishing he could speak directly.

"Not actually."

Lin Miaomiao's eyes were a little evasive, and Li Yunzhao knew from the look in her eyes, "If this dog food is not so bland, why would you eat it?"

"Although it's a little bland, it's perfect as a snack!" Lin Miaomiao's opening words exposed the fact that she and Moshu were competing for dog food.

"No, wait a minute. I feel... um... not as serious as they said on the phone. How can I feel depressed? I can fight with Moshu for dog food every day. I don't believe you are going to be depressed, okay?"

"Yeah." Lin Miaomiao continued to try to explain, "Actually, I was sad for two days, but later... I got used to it."

"And you found that you were happy when your mother didn't care about you?"

"Yeah, ah, no no." Lin Miaomiao was exposed very quickly.

"Tell your mom to take a leave for the next two days. I'll teach you how to do live streaming and see if you have interest or talent. If you're capable, do it. If not, change your goal."

"Ah, this will delay my studies. It's already more than a week late, and there are only more than 4 months left. I don't know if I can make it in time." Lin Miaomiao was surprised by Li Yunzhao's statement.

"There are still more than 4 months left, right?" Li Yunzhao calculated with his fingers. "What does that mean? It means you can still have a few more months to play. Give me the remaining two months, and I can help you make up for it. Have you forgotten how I helped you with your lessons for the high school entrance exam? I can help you fly high in the high school entrance exam, and I can do the same for the college entrance exam."

"You can do it even if it's not the college entrance examination? The college entrance examination is top secret." Lin Miaomiao was shocked.

"What do you mean by top secret? Just analyze it yourself and make your own judgment. It's not against the law." Li Yunzhao said, "Let's go and have some skewers."

"You really eat it. It's delicious." Lin Miaomiao stood up quickly.

Li Yunzhao, who had already walked to the door, suddenly turned around and said, "By the way, Miaomiao, can I give you a hug?"

"Why do you always ask this kind of question when you get to the door!" Lin Miaomiao became cautious this time.

"alright, that's fine."

"Okay, okay." Lin Miaomiao said quickly.

She, Lin Miaomiao, must not capsize in the same ditch twice in a row!

Li Yunzhao put his hands around her waist and held her in his arms.

Lin Miaomiao rested her head on Li Yunzhao's chest.

I have a wife now, hehe.

"Yun Zhao, what do you want to tell me?" Lin Miaomiao asked suddenly.

"Why do you say that?" Li Yunzhao was quite curious. Has Lin Miaomiao learned to listen to her heart?

"You've hit my head with your chin several times."

"Really? Pat my head."

"Oh! It's going to be forked."

"Let's go, let's go eat some skewers."

Moshu quickly bit Li Yunzhao's trouser leg.

"Oh, I forgot to add the dog food."
-
The US stock market is nearly 12 hours behind the domestic stock market. In fact, it does not affect their daytime studies, but Li Yunzhao is too lazy to go.

This plate is quite large, so you still need some snacks.

When Li Yunzhao started broadcasting the next day, the popularity in the live broadcast room had exceeded 24. It took Li Yunzhao less than hours to surpass Lin Miaomiao's record.

This made Lin Miaomiao very depressed.

But that's true.

Looking at beautiful women is not as important as making money.

The next day it rose by more than 150%.

The theory of missing out on opportunities has become popular all over the world.

On the third day, GME continued to rise wildly.

Li Yunzhao sat up straight: "I guess the shorts can't sit still anymore. No need to estimate, they definitely can't sit still anymore, they won't be raided by retail investors this time, right?

Let me explain. For a stock with a lot of short sellers, the stock price rises instead of falling, just like GME, and in fact, the AMC next door. This will cause the short sellers' margin to keep increasing, and some short sellers who are insufficiently solvent or have changed their expectations for the future of the market will choose to close their positions. The closing of short sellers will cause the stock price to rise further, which will in turn cause more short sellers to be unable to pay their margin and close their positions. In this cycle, the stock price will soar infinitely. This is a short squeeze.

In the most extreme case, some of the short positions of the short side cannot be closed at all, and the long side has unilateral bargaining power. In this case, the short side will be squeezed dry. However, this situation has a very bad social impact and generally does not happen. When Porsche acquired Volkswagen, it was also the stock exchange that coordinated.

But the situation is completely different now. Short-selling shares exceed the total number of outstanding shares. Once a short squeeze occurs, even if short sellers buy all outstanding shares, they cannot close their positions. This is no longer a problem that can be solved by shareholders nodding and agreeing to sell. Because shareholders do not have so many shares to sell to short sellers, short sellers are destined to not be able to escape completely. If you run slowly, the remaining 40% of short positions will be held by whoever has them.

So that's why the stock price has risen to 400 or 500 yuan.

Well, actually you will make money if you sell it now, but you will lose an opportunity to kill Huaer Street. Well... kill him."

Li Yunzhao hesitated for a moment and made a decision.

"Ah, can this still kill Huaer Street?"

"Of course." Li Yunzhao explained quickly.

"I have said before that he needs to buy stocks to repay the brokerage firm. So what if the institution itself does not have enough to repay? Simple, bankruptcy.

But can they not repay if they go bankrupt? The securities firms themselves still have to repay. What if the securities firms don’t have enough to repay? It’s simple, go bankrupt. The banks will repay. What if the banks don’t have enough? Go bankrupt. Theoretically, it is enough to set off a financial storm. Of course, in reality, if I were their supervisory agency, I would definitely unplug the network cable.

But no matter what, let’s kill him. The short sellers built Huaer Street with human blood, and this time they will pay for their blood debt with blood.”

At this time, the popularity of the live broadcast room has surpassed the concept that can be displayed by numbers. That number is purely a number.

Let's put it this way, the supervisory agencies above have their hands on the phone. If there is any disturbance, the live broadcast will be cut off directly.

Most people in the industry keep an eye on the market while listening to the live broadcast with headphones on.

Some people come here for fun, while others really come here to make money, and quite a few of them use leverage to invest.

That’s why channels like China Business Network have repeatedly said that we should stay calm and that investing involves risks.

In fact, the incident itself was not that exaggerated, but Li Yunzhao set up a live broadcast and gave it a particularly attractive title, which led to more people participating in this incident.

Everyone watched as GME opened up 2% on the second day and quickly turned green, with the stock price fluctuating by more than 30% per second.

Moreover, many celebrities and institutions have openly or secretly announced their entry into the market. Ordinary people at home and abroad also regard it as a resistance to the power of capital.

Many people even took out their best savings, even if it was just to buy one share, which showed their support, showing the momentum of the final battle between the proletariat and capital.

Nationwide, East Asia was the first to fight, followed by Aramco, Western Europe, and Western Asia.

As the earth rotates, different places open for trading at different times, and retail investors continue to pour in.

Xiangyuan Capital and Meiligen Capital both announced their exit due to margin calls, but ordinary people simply did not believe it. They thought they were just faking their death to escape. How could such a large amount of short selling be possible to just run away?

"Hmm..." Lin Miaomiao was sitting next to Li Yunzhao. She really couldn't understand the soaring stock prices.

In her opinion, the daily rise and fall cannot exceed 10%...

"Let me take a call." Li Yunzhao cut off the live broadcast and answered the phone.

It’s Li Chengtai calling.

"Sure, once you come back it's a big deal."

"It's OK. How do I know they dare to short 140? If you short 14%, you should be prepared to be squeezed. Do they really think we are all fools?"

"Yeah, okay, name a price. The phone call has already reached me. Isn't that why you started the live broadcast?"

Li Yunzhao smiled and said, "That's right. If we don't tell him who is in charge and wait for him to operate for another two days, then the only option left is to unplug the network cable, right?

OK, I'll send you the number."

Lin Miaomiao looked at Li Yunzhao: "What's going on?"

"Oh, the shorts are begging for mercy. They've admitted defeat. They want to chat with me privately. What else can I do?"

“But didn’t you say that they were destined to have no way to liquidate 40% of their stocks?”

"Theoretically, they can sell the non-existent 40% of the stock, and they can use illegal operations to close the 40% of the stock.

They reached a settlement with me privately, so the losses of the main short sellers could be controlled to a relatively small range, which was actually not small. But compared with the actual exercise price of tens of thousands of dollars, it was really not worth mentioning. "

"So you'll stop then?" Lin Miaomiao asked, "Didn't you say you could make a lot of money?"

Li Yunzhao smiled and said, "I've said that before, that's only in theory. The regulatory authorities won't agree, they will definitely intervene. Instead of letting them intervene, it's better for us to reach an agreement privately. They will owe less favors to others, and we can earn more."

"The stock market is so scary." Lin Miaomiao shrank her head and shook her head. "Then what about your live broadcast?"

"Isn't this easy? I'm an investor." Li Yunzhao smiled and made a phone call, "Then please help me close the live broadcast room."

Although the market closed on Thursday, some viewers still blocked the live broadcast room and refused to leave. Then the live broadcast room was blocked for about an hour. During the trading period on the second day, Li Yunzhao did not start the live broadcast. He waited until the trading was over before starting the live broadcast with a black screen.

Maybe the short side had no power to fight back, and only a few of them ran away, and these few also lost more than 1 billion. In other words, most of the short side basically went bankrupt.

Lin Miaomiao looked at the rockets that kept flying across the black screen and asked, "Why is this happening?"

She has been live streaming for so long, but she hasn't seen a single rocket...

"Reward."

"I know it's a reward, why would they give you a reward when you didn't broadcast anything?"

"We made money. This time, I estimated that the entire short side lost no less than 700 billion. These must be the brothers on the long side."

Li Yunzhao stretched and turned to look at Lin Miaomiao: "How is it, making money fast enough?"

"Live streaming is so scary." Lin Miaomiao sighed, "I don't have the ability to do that. The most I can do is to make them pay together."

"Then you can do something else." Li Yunzhao smiled slightly, "For example, you can do an evaluation. For example, if you are a senior high school student now, you can take out a set of five-three simulations, do all of them, and then tell others about your feelings. I'll buy it for you."

"Goodbye." Lin Miaomiao said resolutely, "I will never touch live broadcast again. Don't try to make me do so many tests!!!"

"Okay, then change to the direction that interests you." Li Yunzhao said with a smile.

Lin Miaomiao glanced at Li Yunzhao secretly: "Okay, okay, I will study hard..."

Once the string is loose, it is difficult to tighten it again.

If we don't dispel Lin Miaomiao's thoughts, we won't be able to exert our strength in the final sprint.

This weekend, Li Chengtai and Song Lian also came to Li Yunzhao.

The in-laws met again rarely.

At the dinner table, Lin Miaomiao was a little embarrassed, but Li Yunzhao was very open and generous.

Wang Shengnan liked Li Yunzhao very much, but it was completely the opposite for Lin Dawei.

He always felt as if his treasure had been taken away.

"Well, it seems that they are a good match." Li Chengtai first toasted Lin Dawei with a glass of wine.

"Hey, these two kids haven't even finished high school yet, so let's talk first. If we don't let them talk, Miaomiao will be upset again."

Lin Miaomiao's mouth puffed up slightly, but after thinking about it, it shrank back.

Li Yunzhao took the opportunity to get close to Song Lian: "Look, mom, how beautiful."

"You." Song Lian said unhappily, "You still say it's not about looks?"

"Of course not." Li Yunzhao said confidently, "Miaomiao sat next to me. She watched me make money, but there was no trace of money in her eyes. In her eyes, it was not as important as the bag of dog food she secretly ate. It's not easy to find someone who is not interested in money." (End of this chapter)