Chapter 9: The Future Direction Of The Stock Market!
Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio
Bill Gates: “…”
Soros: “? ? ? ?”
Musk: “! ! ! ! ! ! !”
The queue was extremely orderly.
After a moment.
89,757 was a little dumbfounded as she said, “Why can’t I leave the group? ?”
Soros: “Didn’t it say that it’ll have to fine 100 million dollars for leaving the group?!”
Charles: “Ahem ahem! If you really want to leave, all you have to do is say the word. I can kick you out without deducting any fees!”
Charles wasn’t the kind of person who would use money to curb the freedom of others.
Of course, Bill Gates and the others weren’t in this category. Other things aside, it was their fault for having so much money.
89,757 sent a string of emojis that weren’t calm.
Her typish speed was also astonishingly fast.
“F * ck! I’m so angry. I don’t believe that I can’t quit this group!”
Then, 89,757 fell silent.
Soros: ” Do you want to tell her the harsh reality?”
They were the chairman of Microsoft, the chairman of Amazon, and the CEO of SpaceX company!
Under the three of them, there were countless top engineers and programmers, but none of them could crack the quitting restriction of this chat group.
Soros didn’t think that 89,757 could successfully exit the group without paying a fine!
Soros was calm.
“Young people have to experience some setbacks!”
Charles realized that Soros was actually a chatterbox. In the group, he had the highest number of comments, more than three times the number of other members!
Since 89,757 didn’t need him to kick her out, Charles didn’t have to worry too much. He couldn’t be tracked anyway, and the more members, the better.
He still needed more members to download that group entry notice in order to earn points!
Each member could only download the same document once.
Bill Gates said again, “Group leader, are you really not considering it? Three billion USD isn’t a small amount!”
Charles: “Don’t mention this three billion USD matter. Whoever brings it up will answer to my fury!”
Charles wanted to sell the group.
The problem was that these guys didn’t want the group. They wanted the technical code of the group!
How could they find it?!
Charles himself didn’t know what kind of existence this Super Rich Chat Group was either!
When they saw that the group leader was furious, Soros and the others didn’t mention the 3 billion USD matter anymore.
In their eyes, to be able to build such a chat group, with one person’s technology, he had already beaten up all of the three company’s program experts. Everything was because of personal interest. Why would he care about a few billion USD?
Even the banking system couldn’t track the money flow of the Super Rich Chat Group.
To put it bluntly, this was encryption technology that surpassed the current level of science and technology.
If Charles was willing to launder money for others, this bit of money was indeed easy to get.
Of course, what these people didn’t know was that Charles’ internet skills was limited to just surfing the Internet. It was no different from that of ordinary people.
“I’m going to bed. I haven’t chatted in the group for a long time! Bye!”
After Bill Gates sent a message, his profile picture dimmed. Obviously, he was no longer online.
Soros and Musk also went to rest, but the profile picture were still lit. Obviously, they closed their computers first.
Charles realized that these super rich people actually had such a regular schedule!
It was now 10 o’clock in the evening in New York, and night life had just begun.
He had thought that Bill Gates and the others would work overtime until midnight.
As expected, the real big shots had to pay attention to their health after their hard work paid off.
Health and longevity were the only things they wanted.
It was also to enjoy the fruits of their labor when they were young.
The three technology big shots all went to bed, but Charles couldn’t fall asleep no matter how hard he tried.
He studied the chat group.
Then, Charles carefully read Soros’s “future stock market trend analysis”.
Although Charles didn’t trade in the stock market, many of his classmates were still in the stock market. They had some understanding of the Dow Jones Index.
Recently, the stock market index had plummeted. After experiencing a few large circuit breakers, it was as if it had plummeted down a cliff. It had hit rock bottom!
It even made people hopeless!
Even though the major banks had begun their rescue plans under the policies of the Trump administration, there was still no improvement.
There weren’t many text about the stock market. It was only two to three thousand words, so it could be read very quickly.
Obviously, this wasn’t the work of Soros alone. Perhaps it was the conclusion of the entire investment group of Amazon.
This was a common understanding among the super-rich.
It wasn’t a secret.
But for ordinary people, it was a rare insight.
The data was very concise. It didn’t predict the specific direction of individual stocks. It was only a rough study of the index’s trend, and a guess of the industry’s rise and fall in the coming week.
The only stocks mentioned were the GameStop (GME) , a game retailer that had suffered a huge loss recently.
GME, a 37-year-old U.S. game retailer, has been hit by online games and has lost money in recent years.
Many shorting institutions and hedge funds were betting that its shares would fall, so they were betting heavily against GME.
On Jan. 19, Citron, a well-known short-selling firm on Wall Street, even made it clear in its bearish report on GME that investors who buy GME will be “the losers in the game”.
At this time, the stock price soon returned to $20.
This triggered a backlash from US retail investors, who thought the new CEO would make a big difference to GameStop, so they called on investors on social media sites to continue to buy GME shares and squeeze out short positions.
To Soros, this seemed like an opportunity to play the game!
The key was when to exit!
In this analysis of the future stock market, Soros unexpectedly chose to side with retail investors for a short time.
He predicted that the GME would have a very good rally.
After reading this research analysis, Charles couldn’t help but be a little confused.
Although he was also a user of the GME, it would be extremely difficult to reverse the situation.
After all, he had to face the shorting of Wall Street’s elites!
They were the wolves of Wall Street!
Would it be that easy?
But even so, Soros still had some confidence in this.
And after Soros sent it out, it was worth two points!
This also implied that this “analysis of the future stock market” had a certain value!
Therefore, there was still one point that could be trusted.
At the same time, Charles had begun to imagine when he would pull in the god of stocks, Warren Buffett!
In the past, based on the news on the internet, Charles had invested in both bullish and bearish on stocks, but in the end, he had suffered a terrible loss.
His level of investing skills hadn’t improved much, but he learned countless lessons.
Individual investors couldn’t outplay institutions in stock investing!
However, this $700 million was earned for no reason. If it was a loss, it was a loss.
Soon, Charles was ready to invest $500 million!
The goal was GameStop (GME) !