Chapter 229 This is not a business, this is a personal vendetta!
Morgan, a guy who is considered by the public to represent a good middle-class man, actually showed a more crazy spirit than a student leader.
"I was born in 1926. My father was a small factory owner. I was the eldest son of the family. I used to have two younger brothers, but now I am the only one living in this world. My parents and younger brothers have long returned to the Lord's arms."
"Yes, you're not wrong. The financial storm in 1929 destroyed everything in my family. My father worked diligently to maintain his factory throughout his life. He never borrowed loans or even used credit cards. He was born to trust those unscrupulous bankers!"
"When Black Wednesday came, he was glad that he had nothing to do with these financial risks, and he could avoid this terrifying vortex with his diligence and caution."
"But he was wrong. The financial crisis swept across the country. The customers who ordered him could not pay the money, and the products could only rot in their hands. The suppliers who supplied him put the money in the stock market and lost all their money. In this way, the working capital broke and he was forced to sell his life's hard work at an extremely low price... Our whole family moved from a villa in the suburbs to a slum. In the end, my two younger brothers died because they couldn't get nutritious."
"My father fell into unspeakable pain for this. He obviously did nothing wrong, but was punished so severely and eventually died of excessive drinking. My mother fell into the water when she went to the river to fetch water soon. I went to the orphanage..."
"So, don't stop whenever you say anything! Don't leave room for anything! Don't say anything that pins stocks and doesn't sell them will lead to a financial crisis! Fuck it! My father has never touched these things before, but what about his result?!"
"He was killed by the greed of those borers and vampires!"
"Think about it, is there any difference between the guys who dominate Wall Street now and those in 1929? Yes! It's just that they have changed from father to son!"
"Their father made my father depressed, and now their son is squeezing us again, and even their grandson will continue to ride on our juniors!"
"In the past, I could only endure all this silently. But now, I have atomic bomb in my hand!"
"I won't throw any of these stocks! Fuck it and make a profit! Cash it out at their high position! Fuck it in California Sunshine Beach!"
"I would rather live in a trailer and wander around than sell even a stock. I understand, this is not making money, this is not business!"
"This is revenge! This is the blood feud between two generations!"
"I want to take revenge, avenge my father! Revenge!"
"Too for tooth, eye for eye! How did my father die back then? I have never forgotten it!"
"Now as a son, I want to get the debt back! Get it back!"
"I used to be able to swallow my anger silently, but now the world has changed, and these vampires have been blinded. They want to harvest more efficiently! Yes, their greed has exposed their flaws! And I happened to see all this!"
"When I was revealing, the live broadcast was cut off, and then I was scolded by my boss for a full half hour!"
"What does this mean? Listen, I tell you, they are scared! They are really scared!"
"Once they were arrogant and arrogant, playing with the lives of ordinary people like playing bridge. They didn't care about our lives or death at all, and only considered making more money for the sins!"
"But this time it's different. Everyone is the same as me! Their handfuls were firmly held in our hands. Hey, don't laugh, hold them hard! Never let go! Until they pay the price, the price of bleeding!"
"Vampires! You can spit it out for me no matter how you eat it!"
"It doesn't matter if you can't vomit it out! You have intestines, stomach and esophagus! These can be used to pay off debts and exchange money! I want you to see your intestines being picked out with your own eyes!"
“yolo!”
"Yolo! Human life is only once, and vampires are the same in this regard, so let me see what you will end up with!"
"I want to watch you go bankrupt, watch your wife and children part, watch your family die! Watch you endure eternal torture in the fire and blood pool of hell!"
"Don't sell a single share! Until they pay the real price!"
"Again, this is not a business, it is a personal grudge!"
“yolo!”
Edward was stunned...
When he heard this recording, he knew that his side would definitely win the battle.
Yes, this was arranged in advance.
1929 was the pain in the hearts of all Americans.
The rich suffer, and the poor suffer even more, because after the incident, the rich become richer, while the middle class and the poor suffer more.
Although the subsequent outbreak of World War II and the Cold War made the United States eat enough war and financial dividends, and in order to safeguard the superiority of the capitalist system, the American rulers were still very generous in distributing social interests.
The middle class of the whole nation is not a false statement. In fact, at this moment, as long as you are willing to work and work hard, it is not difficult to become a middle class who can go to the beach for vacation every year with a house and a car. Although all this is based on early consumption, everyone is convinced that as long as you work hard and diligently, early consumption will be the best reward for your life.
Gradually, the horrific memory of 1929 was gradually forgotten by everyone as the death of a large number of witnesses.
Of course, this is inseparable from the media's intentional or unintentional reduction of related reports.
In short, America in this era is full of hope and thriving, and most of them believe that there will be a bright future.
However, when an idol with a very popular person began to expose his scars, everyone suddenly realized that although thirty years have passed, the scar of the wound is far from solid. Before, it was just careful to avoid it, and it still bleeds after a slight touch...
The baby boomers don’t feel much about this, after all, they have felt the greatness of the empire as it rises since they were born.
But older people are different.
These people are the backbone of society and family, and don’t have much time to express their opinions. After all, mortgage loans, car loans, consumer loans, etc. are the most important.
But when they hear Morgan's speech, it's hard not to be touched.
And they have some savings and stock accounts, and they don’t expect to make a lot of money from it, but Morgan, who is their peers, said, “This is not business, this is personal grudge”, ignited the long-suppressed anger among the middle class…
Yes, someone should be responsible for the 1929 disaster and pay for the cost.
Yes, Wall Street has always believed that the anger of ordinary people is worthless and there is no need to care about it, just don’t make big people angry.
This is not their arrogance, but a traditional perception, just as "the wrath of common people can avoid being beaten by a robber, and use their heads to steal the earth's ears."
But Edward, who has experienced the Internet era, knows the anger of ordinary people the best. If someone can gather the anger of these ordinary people, it will be enough to...be on the hot search...
It is certainly not a big deal to be on the hot search, but to withdraw the hot search, you have to spend a lot of money.
There are no hot searches these days, but there are New York Stock Exchange and publicly listed stocks!
The tapes of Morgan's speech were circulated secretly on the land of the United States at an unprecedented high speed. Well, it doesn't matter if it is secretly or privately. Anyway, the United States guarantees freedom of speech. Although what Morgan said was bloody, it would be nothing to think about it carefully.
Wall Street is not without people fighting back. On the TV show that night, a well-dressed investment consultant criticized Morgan for inciting the public and maliciously pushing up the stock market.
In this regard, Morgan or Hansen cannot even be used to refute it. The DJ door of the underground radio station seemed to have made an appointment. Then, as a target, "Is there any charge of malicious long-term crime in this world?"
"Morgan was labeled maliciously just by calling for not selling stocks. So how can it be considered kindness? Perhaps the biggest patriotic behavior of the Dow Jones Index fell to single digits in 1929?"
"It seems that we should go to the White House to petition and ask the President to award every Wall Street medal for their great contribution to the US stock market and economy? After all, the guy who has not died in 1929 is definitely not ordinary people..."
In this way, the more eager the capital on Wall Street is to argue, the greater the opposition it faces.
Some people even pointed out without a stance that short and long are both means of self-balancing in the capital market, and were scolded by angry people: "Where are you, the bastard of Wall Street, when they were about to delist? Why can't you see this kind of rhetoric at that time? You are so excited now that you must have taken Wall Street's banknotes, you bastard!"
Wall Street finally paid the price for their arrogance. Once these mobs that they looked down upon were united with modern communication methods, the power burst out was unimaginable.
In just three days, the stock price was pushed to a terrifying $60 per share, up 30 times.
Of course, it is not a one-sided increase. In fact, the stock price began to fluctuate violently after reaching US$23.
The reason is also very simple. Shaq Hayn and Nicholas Moevich began to fight back. They could grant credit to Mel Fister and sodium citrate capital, and naturally they could find more giants to transfusion blood for themselves.
As Morgan said, both sides are now red in their eyes and can only choose to resist. Whoever softens first is waiting for a one-sided massacre.
These two people have been deeply engaged in Wall Street for a long time and have no shortage of personal connections and resources. They quickly started a counterattack.
At the same time, this extremely rare short squeeze has attracted more vultures and speculators.
Although everyone is from Wall Street, they have no friendship with each other, or even if they are related by blood, they can only kill their relatives for justice at this critical moment.
Some people have been unhappy with Shaq Hain and others in the opening ceremony, but these people are not stupid. They know that they are not strong enough, so they don’t get involved. At most, they can watch coldly or curse a few times when there is no one.
Now that the market for ants to move elephants has come out, they all jumped out one by one.
Shaq Hayn and Nicholas Moevich once hoped to provide them with a window to crack down on retail investors. However, retail investors were not doing well, and Wall Street Capital divided first.
Everyone is bloodthirsty, so of course they have to take action when they have the chance!
Since the stock prices in the secondary market are already a bit hot, this group of more professional speculators have begun to turn their attention to the larger derivatives market, and a large number of long orders were opened, especially the huge number of buys call orders, and the short orders led by Mel Fister was in full swing.
The stock price was pushed back from $23 to $15, and then from $15 to $49.9. Just when everyone thought it would break 50 in the next second, the stock price was pushed back from $25 again.
The warm and tender face of the bulls and bears has completely broken through the past. At this moment, the US dollar is the most advantageous weapon to massacre acquaintances who may be sitting in the next office!
In fact, at this time, the stock price in the secondary market is no longer the purpose of the struggle between the two sides, or both the purpose, the process, or even the tool.
The bulls and bears gathered a large number of experts and giants in the camps. They both knew in their hearts that the core of this battle was not to make money by themselves, but to eliminate the other party and make the other party have no bullets to replenish their positions, and then they can achieve absolute control over the stocks - either delisting or rising to the sky!
At this time, there is no longer a ghost win-win concept. There are only winners who take all, this oldest and bloodiest rule.
Capital can eat people!
Fundamentals such as the potential risks of price-to-earnings ratio and price-to-book ratio are completely thrown aside at this moment.
All these things are fxxk to cheat!
Now the green US dollar bill is everything, and anyone with more money can kill the other party.
And in the huge fluctuations, a large number of speculative trading was eliminated.
Yes, there is never a shortage of smart people in the United States and Wall Street.
These smart people are neither bullish nor bearish. They are shrewd short-term investors and gamblers with superb skills. They are technology obsessed with technology.
In their eyes, the fluctuation of stock prices is just a string of data, and they believe that through sufficient data accumulation and advanced mathematical tools, we can make a certain degree of prediction of the stock price level to a certain extent, and it does not require 100% accuracy, as long as the winning rate is 51%, it is enough.
The monkey market is their favorite. They chase up and down. They trade at high frequency. While making huge profits bit by bit, their behavior itself has become an amplifier of stock price amplitude.
The intensification of amplitude has attracted more clever short-term customer technology flow into the war.
Once the positive cycle is formed, the strong economic strength of the United States will become the best booster. Not only financial capital, but also larger and bloodthirsty industrial capital will be brought in.
However, they forgot that this was not business, but personal grudge.
Although the original technology and rules are still in effect, the weight of the impact on stock prices has dropped significantly.
In fact, the most impact on stock prices is Hansen and Morgan's speeches. If they go to more places today and send out more tapes, the stock price will rise very much.
On the contrary, if people who go to the place are not interested in this set of things, the stock price will usually fall back.
But this is not certain. After all, there is also the variable of audio tape, and the circulation and influence of speech recordings are completely random and uncontrollable.
Chapter completed!