Chapter 124 Repurchase to settle the account
“Oh my god, Xiao Wang, have you grown a brain?”
Meng Changkun’s eyes widened and he was speechless in surprise. It’s hard to imagine that this trick could happen. Xiao Wang came up with it.
"Spicy next door, Lao Meng, please pay attention to your words. Did you call me Xiao Wang?"
Wang Xiaocong's eyes were unkind, and he turned to look at Lu Liang with expectation: "This is my move. How is it?”
Lu Liang thought for a long time and looked at Xiao Wang, with a touch of fatherly relief in his eyes: "It seems to be a bit confusing."
"You horse rider, can you stop looking at me like that?" Wang Xiaocong was furious. .
"Sorry, sorry."
Lu Meng looked at each other and smiled, saying nothing.
On Monday morning, Lu Liang took action. He first contacted President Liu of ICBC for a foreign exchange loan.
Because he could no longer exchange for U.S. dollars, he could only borrow money, but he couldn't trust other banks.
Learning that Lu Liang only wanted 50 million U.S. dollars and promised to borrow it for no more than ten days, Mr. Liu waved his hand and rented it at a daily interest rate of 100,000 U.S. dollars. The 500 U.S. dollars per day was basically interest-free, but the mortgage Things still have to be there.
President Liu is so interesting, Lu Liang naturally will not make it difficult for him, and pledges 400 million soft sister coins.
In the afternoon, Lu Liang went to JPMorgan’s office in Shanghai and submitted a deposit of US$25 million, using four times leverage.
After paying a combined daily interest of RMB 90,000, I received 768,000 shares at a single share price of US$130.15, with a total value of US$99.95 million and a daily interest of US$89,900.
The reason why Lu Liang did not go to State Street again was because State Street was too strict. If they had wanted to sell out, his position would have been blown up last Monday night.
But Xiaomo is different. It is said that they are very anti-China, and Tesla’s price of 182 US dollars is because they are guarding the gate.
Even if he has professionalism, Lu Liang has a backup plan. He has asked the employees of Xiaomo in Old Bombay to spread the news that he appeared in Xiaomo's office in Shanghai today.
In order to ensure that the news can spread, Lu Liang also asked President Liu to reveal some information appropriately, and transferred 50 million US dollars from the bank today.
“Everything is ready, all we need is the east wind.”
After making all preparations, Lu Liang set the alarm clock, closed his eyes and took a nap in the office, waiting for night to fall.
At 9:30 pm on the 10th, the US stock market ended its two-day holiday and opened as scheduled. Tesla, which had been falling for five working days, finally experienced a long-lost rise.
The rising momentum did not last for a minute. Lu Liang directly placed a single order of 10,000 shares and placed five huge orders in a row, announcing his arrival to Nasdaq.
The K-line that had just raised its head was immediately restrained, and the market began to take a sharp turn.
At the same time, Xiaomo headquarters on the other side of the ocean.
"How many times did Lu Liang of China use leverage?"
Wilson is the investment director of JPMorgan, and he is also the most optimistic that Tesla will inherit Apple's legacy and become a new beacon flag.
He is also a white supremacist and has always believed that a world power must not only have a strong military, but also a strong culture and technology.
Twenty years ago, Bill Gates was born, and the Microsoft Group he founded led the world into the Internet era.
Five years ago, Jobs defeated Nokia, which was in the ascendant at the time, with the Apple 4, which was almost a work of art.
Wilson has always felt that Musk and his Tesla have the ability to lead the next era.
With his support, Xiaomo also became the second largest shareholder of Tesla, holding 14.85% of the shares, second only to Musk.
"$25 million, using four times leverage." The assistant smiled scornfully.
As the main force that originally shorted the Japanese yen, they knew very well how Lu Liang became famous.
Actually, he is just a lucky guy who made millions of dollars by following them.
Since Anshan did not dare to hold Wall Street accountable, he could only magnify his profits tenfold and use them as a shield.
“That’s 100 million US dollars, 17.5 million US dollars. Once the stock price exceeds 153 US dollars, he will liquidate his position.”
Wilson whispered to himself, instantly understanding Lu Liang’s compulsion closing line, and his intention to short Tesla.
"He still has nearly 700,000 shares of chips in hand, so it's not so easy to liquidate his position." The assistant replied.
153 US dollars is only the theoretical liquidation line. If there is no opportunity to sell chips, the liquidation will naturally not occur.
Wilson mused: "Let the market out tonight and let that Lu Liang wave the flag and let us reap the profits."
"Mr. Wilson, do you know who is in there, shorting Tesla?" "?" the assistant asked.
"I have people investigating, and the source has been found. It is State Street's bargaining chip. It should be Blackstone or Muddy Waters. The hiding style is very similar to the two of them."
Wilson chuckled. He didn't care who was inside. They had already negotiated a billion-dollar loan with Tesla to help them increase production capacity and complete Model X orders.
But before that, he wanted to make a big fortune. Now, none of these short sellers can even think of running away. As soon as Tesla announced the success of the loan of 1 billion, they would immediately take action to close all short positions.
Lu Liang is just a clown.
......
Lu Liang from China is here,
The news of shorting Tesla spread like wildfire.
Only a few people know the truth about shorting the yen. Most people only know that a few months ago, Lu Liang achieved brilliant results by shorting the yen.
Now there is another powerful short-seller, and Tesla’s stock price has fallen further, falling below $125.
"Amitabha, what a sin."
Lu Liang couldn't help but speechless and silently felt sorry for the retail investors for three seconds. If the news of his entry into the market had not spread, it meant that Wall Street institutions planned to digest him themselves. .
However, news is now coming out that the institution intends to let him take the lead in the charge, and then wait for the right time to digest it together with him and retail investors.
"You guys play slowly, I'll go first out of respect, sir."
The corners of Lu Liang's mouth raised slightly, and taking advantage of Tesla's stock price to fall, he began to buy back shares aggressively between 125-130.
He has not moved a single share of the stocks he rented from Xiaomo, or even distributed them, and plans to return them intact.
In 7 days, the interest is only 630,000. As long as he can successfully repurchase and settle the account, the expenditure will be worthwhile.
In the new week, market trading sentiment is hot.
It is rumored that Lu Liang, a short-selling general from China, has joined the company, and Tesla's stock price has been unable to restrain its decline.
The process of Lu Liang’s stock buyback was also extremely smooth.
In just two hours, 280,000 shares were repurchased at an average price of $126, for a total price of $35.28 million.
Currently, there are 115,000 available chips in the account, with a total of 395,000 shares. There are still 694,000 shares left to close the account.
Only selling one share and buying ten shares on average, selling less and buying more, will inevitably cause the stock price to rebound.
Every time at this time, Lu Liang logs into his trumpet and uses a distinctive method of smashing the market to drive down the stock price.
The cycle starts again and again, six hours.
There are only thirty minutes left before the closing time.
Lu Liang has repurchased 726,000 shares, with the cost price controlled below US$130.
There are still 363,000 shares away from the target.
He seemed very patient.
Grind slowly bit by bit until today’s closing.
On the evening of the 11th, Tesla’s long-awaited opening surged 2.4%, seemingly ending its six-day decline.
Before Lu Liang could take action, a force suddenly descended from the air, selling off chips wantonly, taking over the baton and launching a charge.
"The final charge?" Lu Liang frowned, and did not want to be greedy anymore, and quickly ordered a large sell-off.
It is the nature of investors to be afraid of heights, and the same goes for short selling. Now everyone is worried about whether Tesla can solve the production capacity problem, and then the stock price will soar wildly.
No one dared to carry out large-scale selling at this time, including retail investors, who were also very vigilant. Suddenly someone charged, which inevitably made Lu Liang suspect that he had returned to his former glory.
There are still more than 300,000 shares left, and he can settle the account by investing more than 40 million US dollars. He is too lazy to think about that much.
Repurchasing stocks to balance the accounts is now the first task.
It’s just that this time the shorts are coming with force, and the huge amount of chips seems to be inexhaustible.
Lu Liang did not hide it, bought 364,000 shares and invested more than 45.5 million US dollars, but still could not shake the slightest bit.
With the settlement of accounts completed and no funds invested in repurchases, Tesla has completely lost its support.
The stock price fell below $120 and kept falling, as if falling into a bottomless abyss with no end in sight.
“Is there any bad news yet to be released?”
Lu Liang couldn’t help but wonder, was his judgment wrong?
Because in the blink of an eye,
Tesla’s stock price has reached $115.
(End of this chapter)