America: My Time
Chapter 241 Dealing with Lehman Brothers
Chapter 241 Dealing with Lehman Brothers
Chapter 241 Dealing with the Lehman Brothers
Morgan underestimated John's vengeful nature and his hatred for Lehman Brothers. After communicating with Morgan, John's revenge began, and he started to sabotage Lehman. The funds from the sale of the three mines have already entered the investment company.
At this moment, John pulled out his trump card, the volatility trading method he had heard of in his previous life. This genius used his methods to cause stock market volatility, and in just one week, he managed to destroy a listed company and make a fortune.
Although he had never considered using this trump card before, no matter how desperate he was for money, nor had he intended to use this method to plunder funds from the stock market, all for the purpose of delivering a fatal blow to those old guys at a crucial moment. But now, he had no choice but to use it on Lehman Brothers ahead of schedule. Those guys at Lehman had thoroughly enraged John, leading him to consider making an example of them. He wanted to use the cost of Lehman to deter his enemies and make them behave themselves.
When John was setting up his investment company, he did his research and found that this method was indeed feasible in the United States, and it was a stroke of genius. There was no need to worry about any legal issues; everything was reasonable and legal, and no one could find fault with it. That's why John always regarded it as his trump card.
"Boss, Hurricane Investment is ready. Shall we begin?"
"Make sure they follow the plan perfectly, without the slightest mistake. Everyone must adhere to the plan; no one can act on their own initiative!" After saying this, John got up and went to the trading room.
After obtaining John's consent, Hurricane Investments sprang into action: "Get your spirits up, buy Lehman Brothers stock!" With this order, the entire Hurricane Investments mobilized, pouring all their funds into buying Lehman Brothers stock. Through their orderly cooperation, $200 million was converted into Lehman Brothers stock in a short period of time, without causing significant fluctuations in the stock price.
To use the oscillation trading method, you first need to own a certain number of stocks; otherwise, it won't work. The genius who created this method was a mathematical expert who used it to amass a fortune on Wall Street, leaving behind a legendary record in the stock market. Now, that legend will belong to John.
"Alright, all tasks completed. From now on, dump 10,000 shares every half hour. Each group should proceed in an orderly manner, without any chaos!" As John gave the order, although the traders did not know what their boss's intention was, they did not hesitate at all and immediately obeyed his instructions. Their job was to obey their boss's orders, regardless of whether they were right or wrong. This had been told to them before they even started.
When Morgan learned that John had entered the stock exchange and that Hurricane Investments had begun its operations, he was also informed. This was unexpected for them, especially when they learned that Hurricane Investments had $200 million in its accounts. Morgan fell silent. But the entire Wall Street was in an uproar, all wanting to know what this little fox, John, was up to.
"Jimmy, what do you think John is up to? He just got back and is already causing this commotion. Does he really have absolute confidence in going head-to-head with Lehman Brothers? What gives him this courage? Two hundred million dollars is nothing in the stock market, and targeting Lehman Brothers won't make much of a splash. Unless he's doing this in a way that's detrimental to himself and doesn't aim for profit, but just wants to teach Lehman Brothers a lesson!"
"Boss, it's hard to say. It's not impossible for John to make such a decision. After all, he did the same thing to Warner before, not caring about his own losses, just to deliver a fatal blow to the enemy. Now Warner is being defeated by Legendary Entertainment and Phoenix Group, and has even asked someone to mediate again."
"No, that's normal business behavior. This is Wall Street, stock trading, a battle of capital. Although Hurricane Investment is quite powerful, it's still nothing compared to Lehman Brothers. You should know that in this circle, it's all about big fish eating small fish. John's idea of using two hundred million dollars to shake Lehman Brothers is too foolish. With his intelligence, he shouldn't have made such a decision. Why is that?"
Jimmy had no idea what John was thinking, and his knowledge of finance was limited, the only thing he knew about John was the gold investment. Now that Hurricane Investment was back in action, Jimmy was completely baffled.
Soon, John's actions were sent over. Jimmy was stunned when he saw John's actions, surprised by the information, and didn't know what to say for a moment. This was not a normal operating method at all.
"Jimmy, what happened that surprised you so much!"
"Boss, I don't know what to say, you should take a look for yourself!" Jimmy said, handing the information to his boss.
At this moment, Morgan frowned, wondering what John was up to. He couldn't make sense of John's intentions from the information in front of him. Was he overthinking things, or was John just trying to annoy Lehman Brothers?
John was fully aware of the outside world's reaction. Every move he made when he stepped into the exchange was being watched, but John didn't care. Let those bastards find out what they wanted. This time, he would open their eyes, show them his power, and make them understand that even in the financial world, he could deliver a fatal blow and make those old fogies behave themselves.
Although Morgan didn't know John's intentions, he waited patiently. Jimmy, however, didn't share this patience. But in front of his boss, he could only sit and wait. Every hour, new information arrived, and soon the morning had passed, yet no one could figure out John's thoughts. Around noon, many traders went to lunch, and trading volume in the stock market completely ceased. However, John and his Hurricane Investment team didn't go out for lunch; they had pre-booked a meal. John was very generous to his subordinates, providing them with lavish meals at high-end restaurants.
After lunch, John took a nap on the sofa. As the stock market gradually recovered, John issued a new order: "From now on, sell shares once per minute, with the number of shares remaining the same!"
Soon, the traders at Hurricane Investment acted on John's instructions. Because they knew each other well, they cooperated very well. Even though they accelerated the selling speed, there was no chaos, and everything proceeded in an orderly manner.
At this point, those who were paying attention to Lehman Brothers stock noticed a problem: Lehman Brothers' stock had actually fallen, albeit not by much, which startled everyone who was following the stock.
Soon, someone pulled up Lehman Brothers' stock data and observed the changes bit by bit, but they couldn't find any problems at all, which made these guys very nervous.
By this time, Hurricane Investments had been selling off Lehman Brothers shares for an hour, and it was still going strong. Those following Lehman Brothers stock were understandably anxious. What was going on? Had something gone wrong with Lehman Brothers that someone was so frantically selling their shares?
Of course, those who had been following Hurricane Investment there all understood that Hurricane Investment was behind it all, but no matter how hard they tried, they couldn't understand why Lehman Brothers' stock had fallen.
Although they didn't understand, they didn't hesitate. One by one, they quickly reported John's situation at the exchange to their boss. How to decide was their boss's business, and it had nothing to do with them.
John glanced at his watch; it was already 3 PM, with only one hour left before the stock market closed. His expression hardened, and he said in a deep voice, "Sell all the stocks you hold!"
The traders processed their boss's orders quickly, even though they all had doubts and couldn't understand their boss's intentions. None of them dared to disobey their boss's orders at this time.
About thirty minutes later, the person in charge said, "Boss, all the stocks have been sold off."
However, they didn't make a single penny from this day's operations. Although Lehman Brothers' stock fell, John still lost nearly a million dollars, which puzzled the Hurricane Investment team.
John didn't care about the loss and smiled calmly, saying, "Very good. You can rest for a bit. When the time is forty-five minutes later, buy all of Lehman Brothers' stock at the market price, and try to acquire it at the lowest possible price. Understand?"
As an experienced trader, he naturally understood his boss's intentions and immediately relayed the order, starting to execute it as instructed.
When the stock market closed, the traders at Hurricane Investments had completed their boss's instructions and converted their funds back into Lehman Brothers stock. Everything was done cleanly and efficiently, without the slightest mistake.
"Good, you've done a great job. I'm very satisfied with your work. Jerry, take everyone to rest. I've already made reservations for dinner! Get some rest tonight, and we'll continue tomorrow!" With that, John and his secretary got up and left the exchange. His mission for the day had come to a successful conclusion. Although he hadn't made any money from this operation, everything was under his control and went very smoothly. He was very satisfied with the Hurricane Investment team.
(End of this chapter)
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