Extraordinary Genius

In the afternoon, a Wall Street investment company owner, sitting in his office, routinely turns on television and watches today's news.

All of a sudden, his face changed dramatically and he grabbed the phone notice immediately: "From now on, throw away all the shares in Enron that we hold, you don't care how much we lose, that's an order! If you can't throw away the stock in half an hour, pack up and get lost! ”

Not just this boss, the owners of a number of investment firms and securities firms, who saw the news on TV and the articles of two professors in the newspaper, chose to throw away the stock at the first time.

Some of the people who didn't pay attention to the news were very surprised, what's wrong with that, why are so many people releasing tranquil stocks? Enron also said yesterday that there will be another big income soon, and the stock price should continue to rise.

Some speculate that it is a so-called technical adjustment?

In that case, it is likely that the dealer washed the dishes. They should take advantage of this opportunity to eat some tranquil stocks again, at low cost.

So when a lot of people sold Enron stock, there were companies that started eating a lot of Enron stock, and they didn't notice the news.

If you're a financier, you don't even have real-time information, and it's not surprising to lose money.

At this time, Enron temporarily convened an expanded meeting of directors, which was attended not only by members of the company's board of directors, but also by some important executives of the company.

“Gentlemen, now that our stock price is falling, who tells me what we should do?” Enron's chairman asked.

“I think we can get Feng's words rebutted in the Media Mountain. He is not a professional financier. His words are not credible!” It was suggested.

“What about the two professors at Harvard Business School? They are professional and can be described as authoritative. ”

“We can let those two change their minds, and I don't think anything is priceless.” The biting tooth replied. Apart from that, he couldn't think of a better way.

When he saw the news today, he also asked his broker to cash in all of his holdings of Safe Stock. Although he lost a lot by selling it this way, if he waited until tomorrow, the loss would be even greater.

At this time, some people who did not watch newspapers and television received information online that Enron was suspected of financial fraud and misrepresentation of profits.

They wanted to throw away the tranquil stock at the moment, but found it completely unsold.

Since everyone was throwing away and nobody picked it up at all, the stock price was falling sharply as well as not selling. Those people hang up, one for less than the other.

Fear of later, these stocks are equivalent to scrap paper!

At this time, the owners of the securities companies and investment firms who had copied the bottom of the afternoon were about to cry. They thought they had picked up the cheap, and it turned out to be a pit!

Now that it's rotten, the stock opens tomorrow and promises to keep falling.

Those who sold Enron stock first were relieved. Even though they lost a lot of money by selling so wildly, some big companies lost tens of millions of dollars. But it's much better than nothing left in the end.

……

“Down, down! Hahaha, Feng, you are amazing, this tranquil stock is really starting to fall. You said a company this big, how can it issue so few shares, we didn't lend out much time.” Kirilenko looked regrettable.

“That's great. You're going to invest in this company at first.” Feng Yubai glanced at Kirilenko. If you invest in Ann, wait for the blood to go home.

Well, maybe later the court will award compensation to companies like Citi, but the compensation is definitely not enough.

“The agent, I already drove him! If that's the level, why would I give him such a high commission?” Speaking of which, Kirilenko was exasperated. How could there be such a big gap between the agents he hired and those he hired?

This time, they borrowed shares from Enron through the brokerage firm and threw them away, then bought them back for a while, and all they had to pay was a deposit.

Unfortunately, one stock does not borrow much, so don't look at the high margin, but the overall margin is not much, but it is enough to make up for the loss of the online technology stock they sold together.

When Feng Yu and the others talked, Ralph knocked on the door and came in: "Boss, Ann has responded. Their chairman said that your statements were purely slanderous and that they had never been falsified on any data. They have retained a lawyer, sent you and Mi State-owned Cable a lawyer's letter asking us to make a public apology and compensate for the damage. ”

After the news was released, Enron's share price did recover a little, and some of the hung out lists were finally closed successfully. And now the investors are divided into two factions, one selling it quickly and the other losing money. The other is taking the opportunity to copy the bottom, waiting for tomorrow to turn around and make a fortune.

Kirilenko frowned and said, "They're too shameless. Didn't they respond to that particular Benford law? ”

Feng Yu shook his hand with a smile: “It's okay, I want to account for Enron's accounting firm. We'll get back to you soon. ”

Indeed, the very famous accounting firm in the United States fired two senior accountants on the same day.

Feng Yu just said that they made false accounts, and then two accountants were fired. It says, "It doesn't matter, who believes!"

After the news broke out, Enron's share price suddenly fell again, and Ladu couldn't pull it off.

“Feng, should we buy back?” Kirilenko asked, the borrowed stock must always be returned.

Feng Yu shook his finger: “Not in a hurry. How much did this fall today? Tomorrow it will continue to fall. Even I think the stock of this company, maybe a dollar. ”

“How much? A dollar? This morning, their share price is over sixty dollars!” Kirilenko opened his eyes.

Feng Yuxin said that falling a dollar would be nothing, and the company would go bankrupt.

“Nothing is impossible, and when their companies make false accounts, they are bound to be sanctioned by law. And the rating agency, which lowers Enron's credit rating, is another fatal blow for Enron. Besides, think about it. Why are we running out of flags? ”

“Are you saying that Enron's big deal involves the flag?” It's not impossible to fall if you can get the flag involved.

“Inevitably, Citigroup is one of Wall Street's most famous financial groups, and now cyberbubbles, Citigroup, is one of the pushers behind the scenes. How many shares did they invest in this type of company? It's very profitable. There is little substantial evidence of that, and the blow to the flag will not be too great. But the transactions between the flag and Enron were done, and the flag might not know? ”

Feng Yu is confident, and the flag must pay a heavy price!

……