Chapter 270: Chapter 261: A Small Shrimp Takes on a Great White Shark
This time, Celestial Dragon Investment Company was facing off against three financial giants and the retail investors following their lead. The pressure they were under was immense.
Therefore, Chen Linâs trading team didnât dare to relax for a second. Every single one of them was on high alert, giving it their all.
If they made a single mistake now, it wasnât just the massive profits they had already earned that theyâd loseâthey could end up losing more than half of their five billion yuan principal!
Pushed by the three giants, Fruit Groupâs stock price surged. At midnight, it hit $179, just shy of breaking the $180 mark.
And it was still climbing steadily!
However, just when everyone was predicting that Fruit Groupâs stock would hit another peak in the dead of night...
Suddenly, Celestial Dragon Investment Company entered the fray. They instantly placed a short order for one million shares at $178, ruthlessly hammering the price down!
The price difference was only one dollar, but the effect was enormous. It was enough to brutally suppress Fruit Groupâs constantly rising stock price.
The once-frenzied market fell into an awkward standstill. The retail investors who had been frantically buying up shares all stopped in their tracks.
Even the three great white sharks, the Dugan Consortium included, stopped their buying spree!
Logically, this was the moment they should have pushed Fruit Groupâs stock price even higher, but they didnât dare make a move.
Because...
They had no idea how much capital their opponent had!
Even though they were a three-way alliance, they didnât dare declare themselves invincible.
The US Stock Market was treacherous waters; this so-called three-way alliance, frankly, was only enough for self-preservation!
âWhat if...â
â...their opponent is also an alliance?â
It wasnât impossible!
In the past two days, the coalition of Western capital, including the Dugan Consortium, had already fleeced countless retail investors on Fruit Companyâs stock, with profits calculated in the hundreds of millions.
And would such a juicy prize not attract other great white sharks?
Werenât those other sharks hungry too?
What a joke!
With the global economy in a slump, any opportunity to make money would undoubtedly attract a feeding frenzy. They didnât care who you were; if there was profit to be made, theyâd come swarming.
The three giant sharks reached a tacit agreement to pause, intending to let the retail investors following their wake test the opponentâs strength.
If the opponentâs capital wasnât as formidable as they feared, they would jump back in.
And if their opponent was truly powerful? They would quit while they were ahead and make a timely retreat.
Thatâs right.
At this point, they hadnât even considered the possibility of a loss...
âAfter all, weâre working as a pack. Thereâs no way we can lose, right?â
But...
Retail investors might be small fry, but they werenât idiots.
The moment Celestial Dragon Investment Company slammed down that short order, they knew something was wrong.
âSomethingâs wrong!â
That thought flashed through everyoneâs mind.
They also keenly noted what the three giants were doing.
âThey stopped buying?â
âThey want us to be cannon fodder!â
Realizing this, the retail investors followed the Dugan Consortiumâs lead and stopped buying as well.
âWeâre just small fry following the great sharks to eat the scraps, all right?â
âWe donât dare get involved in a battle of this magnitude!â
âWouldnât it be much nicer to watch from the sidelines?â
âAs for being used as pawns to test the waters? As cannon fodder?â
âNo, thanks!â
âWeâre just a bunch of small fry; weâre not worthy, okay?â
âYou big shots go ahead and play your games. Weâll just watch!â
Most of the retail investors werenât actually worried. In fact, they were quite calm. They were just looking to skim a little profit, unlike the three giants who had invested enormous sums of capital.
To put it bluntly, even if they lost all the money they put in, they would just sigh, feel down for a few days, and then get over it.
However, the Dugan Consortium, the Longmei Consortium, and the Peterson Clan couldnât afford to be so calm!
They had poured in massive amounts of capital and had to do something, or else their funds would be trapped.
If they truly suffered a loss, it wouldnât be a mere few million. It would be in the hundreds of millions!
And thatâs in US dollars!
"Damn it, where in the world did this group come from?"
Inside the Dugan Consortiumâs conference hall, an old, blond-haired, blue-eyed man frowned.
Thatâs right. This was the same man who had been in charge of the Dugan Consortiumâs operations in the Xia Country stock market last time.
His name was Kaelor Colonna, a renowned trader from Wall Street. He had weathered hundreds of stock market battles, big and small, over his long career, and his reputation was legendary.
"It seems to be... an investment company from Xia Country?"
His subordinate quickly began to investigate and replied a moment later.
A top-tier consortium like theirs naturally had its own information network. Frankly, it was no surprise they could identify Celestial Dragon Investment Company.
It would be more surprising if they *couldnât* find out, right?
"Xia Country?"
Colonnaâs wrinkles deepened as a dark look crossed his face.
The last time he was in the Xia Country stock market, heâd been outmaneuvered by a mysterious entity. The incident was still a sore spot for him, something he had yet to get over.
"Whatâs the story with this Celestial Dragon Investment Company? How strong are they?" Colonna continued.
"Just an ordinary investment company..."
The assistant continued his search, then, having found something, reported, "This Celestial Dragon Investment Company actually made a move when we entered the market yesterday. They invested a total of around five billion Huaxia yuan and exited before the market closed, making a huge profit!"