But Zhang Tianxing was openly buying into Wang Yi, should he follow Zhang Tianxing's lead?
Old Klin fell into a struggle, then turned and chuckled.
It was too early to tell. Any further thoughts were useless.
Moreover, Wang Yi's stock price was still above seven dollars. Would it fall below one dollar?
Old Klin had his doubts. The United States was making quite a stir.
Policies were being issued frequently, it seemed the government didn't want the stock market to plummet.
"By the way, Mr. Zhang, are you closing your Nasdaq short positions?" Old Klin asked Zhang Tianxing after signing the contract.
Old Klin desperately wanted Zhang Tianxing to close his positions, because as long as Zhang Tianxing didn't, the Nasdaq wouldn't pull back.
Every day was a period of slow decline, which was the most troublesome.
A sharp drop was always followed by a sharp rise, but the current Nasdaq was in a slow decline. Experienced investors knew that a slow decline was the most effective at trapping people, locking them in completely.
"It's not time to close the positions yet. I'll let you know when it is," Zhang Tianxing said calmly. This was just the beginning. As long as the bulls were not defeated, the bears would not stop.
But the stock market was like heaven one moment and hell the next. A single misjudgment could lead to nowhere to turn.
When people started dying, and the bulls had no more to say, then it would be time to close the positions. For now, as long as the bulls had the strength to counterattack, the short selling would continue.
Until there was no more room.
After signing the agreement, Zhang Tianxing immediately got up and left.
As Zhang Tianxing and his entourage departed, the people at Morgan Stanley walked over to Old Klin.
"Old Klin, give us a scoop, what was that handsome Eastern man doing here? If he has a plan to get rich, can you share it with us brothers and sisters? You can't hoard all the fortune for yourself."
"Exactly. I've got a girlfriend, and I just need a little more money to buy a car to get married. She said we could rent a place, but a car has to be my own. Let me follow a master for once."
"Let us follow the God of Short Selling to make a fortune and see what this mysterious Eastern man is up to?"
Old Klin looked at them with a troubled expression. "Everyone, we're all in the investment banking industry. Disclosing client information is a major taboo. Can I say anything?" Old Klin said, tossing the documents onto the desk before striding out.
The crowd watched Old Klin depart, and seeing his retreating back, they chuckled.
Not disclosing client information was basic professional ethics. Old Klin, as a middle manager in investment banking, still upheld this ethic.
Amy darted forward, flipping open the document. Her cherry lips parted in disbelief.
"How is this possible? Zhang Tianxing is actually planning to buy Wang Yi's stock?"
Everyone was stunned. How could this be? Zhang Tianxing was currently known as the number one short seller in the United States.
Buying stocks was just a disguised way of going long on the Nasdaq. What was Zhang Tianxing thinking?
"Oh, I see. There's an additional condition: to buy in batches after Wang Yi's stock value falls below one dollar for five consecutive trading days. What does that mean?"
"Let me tell you, this handsome Eastern guy is too mysterious. Everyone has deified him. In fact, he's just a young man who got lucky."
Someone nearby nodded in agreement. "To be honest, all of us here are older than that number one short seller. So, I think he's definitely going to lose money this time."
"Exactly. People can only earn money within the scope of their understanding. Every penny you earn is a manifestation of your understanding of the world."
"If you achieve excessive returns, it's just due to luck. If you don't improve your understanding, the money you earn by luck will eventually be lost through your own shortcomings."
"That makes a lot of sense. I need to write this down and read it every day and night!"
"I feel like this isn't about someone else, but about Zhang Tianxing. His short selling of the Nasdaq was him earning money by luck. This time, when he goes long on Wang Yi, he'll surely lose all the money he made before!"
Everyone nodded in agreement. What they said made perfect sense. To ignore the opinions of so many experts and scholars and instead look at a young kid's investment plan was truly laughable.
Just then, Old Klin returned with a worried look. He asked loudly, "Has anyone seen my work log and a contract?"
Amy stepped forward and pecked Old Klin on the cheek, handing him the document. "Old Klin, see if this is yours?"
Old Klin took it and glanced over it. "Thank you so much, Amy. Come on, let me treat you to dinner. I'll give you a wonderful evening tonight. Will the beautiful lady grant me this opportunity?"
Amy nodded, and with a happy expression, left with Old Klin.
"Wow, Old Klin is playing a high-level game. I almost believed what he said earlier. Who knew this old fox would just leave the document here? He didn't say anything, but Amy picked it up and looked at it. No logical fault there."
"Experience is the best teacher. The tricks change every year, but people fall for them every year. These tricks still work."
"If they didn't work, Old Klin wouldn't have been able to win Amy over."
"Alas, fellow sufferers. How can we make money this year?"
"Don't even mention it. My money is all tied up in the stock market. I want to cut my losses, but I can't bring myself to do it. Damn it, fifty thousand dollars has become a thousand dollars. This is an absolute nightmare."
"Same here. Except I cut my losses, and it was halved. Ten thousand dollars, only five thousand ran out. I don't dare to touch this money now. There are pitfalls everywhere, and any move leads to a trap."
"You think Zhang Tianxing is optimistic about Wang Yi. Can we trade this stock?"
"It's hard to say. Whether Zhang Tianxing has real ability or is just lucky, we don't know. What we can be sure of is that Zhang Tianxing is just a college student. He's studying at Harvard and is a proud son of heaven. But what's so special about being a proud son of heaven?"
The guy next to him nodded repeatedly. "Bro, you're so right. What's so great about being a proud son of heaven? This world is full of proud sons of heaven. If they haven't grown up, they're nothing. Just a college student. Don't we have plenty of talented students from Ivy League schools in our Morgan Stanley?"
The two of them looked at each other and laughed. However, there was still a sense of unwillingness. They didn't dare to enter the stock market now. Moreover, as long as Zhang Tianxing didn't close his positions, the short sellers in the United States would become even more arrogant.
The short sellers had suffered too much humiliation. The pleasant upward trend of the previous two years had caused huge losses for the short sellers. Finally, the slaves had turned into masters.
This time, they were determined to press their advantage. The hardships we short sellers endured before, now we ask the bulls to experience them.