Chapter 1139: Chapter 1136: Time to Play People for a Fool! Huge Profits!
On the Fengshun Investment side, Luofeng had quietly started instructing Tong Tianlong to sell off Apple Company’s stock.
Although Apple Company stock continued to rise, Luofeng believed that there wasn’t much room for further gains unless the partnership between Blue Future and Apple Company was definitively confirmed.
Luofeng never pursued extreme numbers; even if given the opportunity, he wouldn’t chase it.
The concept is quite simple: in a battle royale game, ordinary players can strive to eliminate as many opponents as possible, but players who cheat can’t simply kill at will.
This is the same principle.
A truly cheat-free investor can pursue ultimate perfection, but cheaters cannot.
Although Luofeng didn’t use any advantage cards this time, he still didn’t strive for perfection.
For Apple Company, which has 17 billion circulating shares, Fengshun Investment’s subtle operations posed no issues, and moreover, it wasn’t an all-at-once investment.
Over approximately three hours, Chen Ping and Tong Tianlong successfully led the team to sell all their shares, at an average of $103.60 per share.
During these three hours, Apple’s stock peaked at $104.97, but later slightly fell to $103.44.
Clearly, Fengshun Investment Company’s exit influenced this.
Chen Ping started reporting, saying, "Boss Luo, we’ve found that others seem to be selling Apple Company stock as well; it’s estimated they’ve sold around 20 million shares already! I guess it must be Apple Company’s executives!"
Luofeng smiled and replied, "No need to guess, it must be them!"
The parties involved cooperated for mutual benefit; if not them, who else could it be?
Neither side would be foolish enough to expose such matters prematurely, letting others reap the profits, would they?
However, Apple’s reaction was slightly slower, so the stock price wasn’t as favorable as it was for Luofeng’s team.
Apple Company’s executives previously purchased 20 million shares; even calculated at $100, they could cash out $2 billion, with the cost around $1.45 billion.
Undoubtedly, having money, capital, and sources of information makes it hard not to profit.
What about the Apple stock they sold?
It’s easy to handle.
Once Apple Company drops to its original level, they can simply buy back the shares.
They’ll still be shareholders at that point.
If there weren’t such benefits, why would Apple’s executives cooperate with Luofeng’s ploy?
Currently, Luofeng’s Fengshun Investment Company has gained global prestige; trying to use tricks to profit now isn’t impossible, but it’s certainly more difficult than before.
Whenever unexpected situations arise, people will ponder if Fengshun Investment is up to mischief again.
This time, Luofeng and Apple’s cooperation naturally hurt America’s smaller investors.
And also those capital players with slightly inaccurate intelligence.
"Now let’s switch; start shorting Apple Company’s stock price!" Luofeng instructed.
Chen Ping didn’t mince words and immediately ordered his team to prepare, asking, "Boss Luo, how many shares do we short this time?"
"As long as we don’t exceed 200 million shares, there shouldn’t be problems. Set the price at your discretion, anything above $90 is fine!" Luofeng said.
"Understood!" Chen Ping nodded.
Luofeng stood by, silently calculating the profit this time.
In the first step, shares were bought at an average price of $75; sold at around $103, yielding about a 37% profit.
According to the investment of 130 billion Daxia Coins, the profit this time was 48.3 billion Daxia Coins.
This profit directly surpassed the market value of 99% of publicly listed companies in Daxia, right?
So now everyone understands why many capital tycoons don’t venture into traditional industries; they root themselves in finance instead?
Truthfully, finance feeds on the blood of others, but alas, it is very lucrative.
While traditional industries and manufacturing, or even tech enterprises, serve as the nation’s foundation, rightly?
However, Luofeng thinks, he must possess capital to carry out these endeavors.
For instance, in Blue Future’s graphene, or Xiongxin; without earnings from previous financial ventures, how could Luofeng invest?
"Boss Luo, I found many people are shorting Apple Company’s stock; it’s chaotic right now!" Chen Ping commented.
"How much have we shorted?" Luofeng asked.
"We haven’t even made a move yet!" Chen Ping replied wryly.
"Is it really that intense?" Luofeng raised an eyebrow.
Chen Ping said, "Luckily we pulled out quickly!"
No.
Actually, Chen Ping was mistaken; it wasn’t because Luofeng exited quickly, but because Fengshun Investment withdrew, others didn’t want to play anymore.
That’s why this situation emerged.
"Boss Luo, what should we do next?" Chen Ping inquired.
Luofeng contemplated momentarily, then said, "Cancel all short sale orders, and use a small amount of short sales to suppress the price!"
These financial institutions following his lead indeed disrupted Luofeng’s plan.
The original plan was to pretend a partnership with Apple, fooling a round of investors, then announce the partnership void, reaping profits again.
After collecting profits from short sales, they would buy low-priced Apple stock, and eventually achieve cooperation with Apple Company.
This multi-twist script would yield about an 80% profit margin.
Luofeng wrote the script well, Apple Company cooperated fully, but they overlooked the strength of other financial institutions.
Other financial companies already analyzed it was Fengshun Investment’s scenario, but there are only so many investors; if too many reap, naturally others can’t gain.
Under such circumstances, it’s better to act first than suffer losses later.
Thus, the chaotic rush to short emerged.
"Boss Luo, Apple Company’s stock has dropped to $83; should we continue suppressing it?" Chen Ping asked.
"How much have we shorted?" Luofeng queried.
"Less than $100 million worth!" Chen Ping replied, "Other financial institutions are too aggressive; we can’t compete with them! They’ve gone completely berserk!"
Luofeng said, "Fill all our short sales!"
Chen Ping asked doubtfully, "But with this, we’ll incur a loss over 15 million dollars! It’s equivalent to giving money away!"
"It’s okay, just do as I say!"
"Alright!"
In less than a minute, Chen Ping led the team to execute the orders, reporting, "Boss Luo, our loss amounts to $16.22 million!"
Luofeng paid no mind to this sum.
Gazing at Apple’s stock price chart, he admired the financial institutions’ power once again.
They managed to bring Apple’s stock down to $80.
Despite Blue Future’s graphene collaboration with Apple not yet announcing a termination, these financial institutions could still suppress Apple to this price?
The power is truly terrifying.
Money can indeed drive people mad, this is undeniable.
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