Chapter 11: Buy As Much As You Can!
Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio
At this moment.
Reeves sent a sinister emoji. “I’m not the god of stocks, Buffett. I’m much worse than the god of stocks. After all, that’s a man of God who has to spend a huge amount of money survive on that!”
“I’ve only earned 300,000 dollars in a month’s time, so that’s not much at all!”
The beautiful Linda sent a shocked expression. “Just 300,000 US dollars? That’s already a huge sum of money!”
“When did it become so easy to earn money in the stock market? My monthly salary is only 10,000 US dollars! You earned 30 months of my salary in a month!”
Linda was the most beautiful woman in class. She was very outstanding in looks and was very flirtatious. Many people in the class wanted to pursue her!
However, she had very high standards. She only wanted to marry into a wealthy family. It was said that she had yet to have a boyfriend.
Reeves chuckled. “In the stock market, a profit of 300,000 US dollars really isn’t a lot. I invested 2 million US dollars!”
“If it was 20 million US dollars, that would be a little better!”
Then.
Reeves changed the topic. “But! The index has been declining for a while now. I wonder how that Idiot Trump will allow us to experience four meltdowns! The current stock market is losing money. It’ll be fine as long as we don’t lose money!”
Reeves then@Charles. “Charles, how much are you planning to invest?”
“I think real estate stocks are pretty good. There’s also airlines!”
“Right, the two stocks above. The stock code has already been sent out!”
Reeves became more and more enthusiastic as he spoke. He started lecturing a little smugly, “Recently, the stock market has stabilized and is almost at the bottom. I won’t earn much, but it’s no problem for me to earn a little profit!”
Not long after, Charles hesitated.
He couldn’t possibly say that he planned to invest 500 million US dollars, right?
Immediately, Charles tried to lower the number and said, “About 10 million US dollars. I wonder what GameStop’s situation is like?”
At this time, Reeves sent a disdainful expression. “Charles, are you kidding me?”
“Where did you get the ten million dollars? You even want to invest in GameStop, the company that is about to go bankrupt and be liquidated? You might as well put the money into charity!”
“The African people need you!”
“Afghanistan also needs you to invest!”
“Don’t you know about the situation of GameStop? There are at least ten more until it goes bankrupt!”
In the group chat, most of them were university classmates, and they knew each other well.
Reeves obviously knew what kind of financial conditions Charles had.
Unless he won the lottery!
However, there was almost no chance of that happening!
Therefore, when they heard that Charles was going to invest ten million dollars in the stock market, Reeves and everyone else were very sure that Charles was a clown trying to amuse them!
The people in the group also started to laugh.
Charles was immediately a little unconvinced. Could it be that you guys know more about the stock market than Soros?
Soros was optimistic about the GameStop. There might be some insider information!
“Soros seems to be optimistic about GameStop!”
Reeves immediately sent out a few laughing emojis. He said disdainfully, “What about Soros? A person who runs an online store might have some achievements in technology, but when it comes to stocks, he might not even know as much as me! By the way, Will Soros have the time to talk to you?”
“If GameStop can go up, I’ll take out 10,000 dollars and give out red packets in the group chat! Let everyone be happy!”
“If it can’t go up, Charles, why don’t you give out 5,000 dollars?”
“How about it?”
At this time, the other students were already excited. No matter what, they were the ones who benefited.
Everyone began to rally for Charles to agree to this bet.
Linda: “I support it!”
Jack Jones: “I support it!”
“I support it!”
“I support it!”
All the members of the group started to jeer.
Charles grunted and said, “Sure! If GameStop falls, I’ll give you 10,000 dollars. I’ll do it!”
No matter what, he was from a wealthy family with hundreds of millions of assets. 10,000 dollars was just a small amount of money!
Moreover, there were also Bill Gates, Soros, and Musk in the group!
He still had the beginner film and television enhancement app in his hands. Was he afraid that he wouldn’t have the opportunity to make money?
If it wasn’t for the fact that he was afraid of exposing his identity, Charles would have directly rented out the beginner film and television enhancement app. He reckoned that Bill Gates would definitely be interested in this.
If Microsoft’s win could bind this app, what a powerful existence it would be!
After all, with Bill Gates’ extraordinary abilities, it wasn’t impossible to set up a film company for this!
Not long after, the stock market opened on time.
Soon, under Charles maneuver, the hundreds of millions of dollars in the group wallet had been withdrawn and used to buy GameStop stock.
With the remaining money, Charles prepared to buy a car.
At this moment, GameStop’s stock was still slowly falling. A big dark line slowly formed. When the market opened, the short sellers were frantically selling.
Charles didn’t hesitate at all.
He began to buy wantonly. No matter how much there was, he was buying crazily!
Soon, tens of thousands of shares had been wiped out by him. It immediately attracted a lot of attention.
Obviously, someone was deliberately selling to suppress the stock price. There were also people buying crazily to fill the hole.
It was a sight to behold.
Many people guessed that this was a showdown between short sellers and retail investors!
However, Charles wouldn’t care so much. The stock theory had nothing to do with him. What Charles had to do was to buy all 500 million US dollars and then rest!
In the group chat, Reeves had spent all his money on shipping stocks and then focused his attention on GameStop.
Reeves was shocked.
GameStop was about to go bankrupt. This was something that all the shareholders knew.
According to Reeves’ judgment, after the market opened, it would go down like a precipice!
What he didn’t expect was that although people kept throwing out GameStop’s stocks to lower the price, they didn’t expect the retail investors to be so determined to protect the market.
They forcefully pulled the price up a little.
The market, which was already green, was now red!
It was already higher than the opening price.
At this time, many people finally saw the hope of rising and began to be elated.
And some of them had been tormented by the collapse of the stock market for the past few days. Now, they had the opportunity to sell the stock to reduce their losses a little.
Of course, they couldn’t let go of this opportunity!
At that moment, the speculators in GameStop began to sell their stocks frantically!
As for Charles, he had only spent 20 million USD.
There was still 480 million USD left!
No matter what the price was, of course, he would buy as many stocks as he could!
As a result, the stock prices of the GameStop slowly rose in a straight line, with almost no major fluctuations.
The trading volume was also refreshing!
“What’s going on?”
Reeves couldn’t help But@Charles in the group chat.
“Charles, do you know the retail investors protecting the market? Do you have any insider information?”
At this time, Charles didn’t have the time to pay attention to Reeves.
The most important thing now was to spend all the money!
Anyway, Charles had sufficient funds. No matter how many stocks the other party released, he would swallow them all without the slightest hesitation!
The price of GameStop also stabilized.
At this moment, the short-sellers’ attacks were quite sharp. The incessant short-selling was a blow to retail investors’ confidence and they were driven to despair!
Soon.
The attacks were too fierce!
The stock prices fell rapidly.
And Charles was very calm as he watched everything. He kept buying and buying!
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