Extraordinary Genius

1087. Chapter 1087 falls and falls (please ask for a ticket)

In the afternoon, a Wall Street investment Corporation Boss, sitting in the office, turned on the TV as usual, watching today’s news.

Suddenly, his face changed dramatically. He immediately grabbed the phone and noticed: “From now on, throw away all the Enron Corporation stocks we hold. You don’t care how much loss we will have. This is the order! If you can’t Drop the stock in half an hour, then pack it up and get out!”

Not only this Boss, but Boss, who invested in Corporation and Securities Corporation, chose to throw away stocks in the first place after seeing news on TV and articles from two professors in the newspaper.

Some people who are not concerned about these news are very surprised. What is wrong with this, why are there so many people who release Enron鈥檚 stock? Enron Corporation said yesterday that there will be a large amount of income immediately, and the stock price should continue to rise.

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

If this is the case, then it is likely that the dealer is washing the dishes. They should take advantage of this opportunity to eat some Enron stocks again and share the low cost.

So when a lot of people sold Enron stock, there were some Corporations, and they started to eat a lot of Enron stocks. They didn’t notice the news.

Doing financial, even real-time information is not well mastered, and losing money is not surprising.

At this time, Enron Corporation temporarily held a board member expansion meeting, not only the Board of Directors members of the Corporation, but also some important executives of the Corporation, all participated.

“Everyone, now our stock price is falling, who told me what should we do?” Enron’s Chairman asked.

“I think we can make people refuted Feng in the media hill. He is not a professional financial officer. His words are not credible!” Someone suggested.

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

“We can change those two, I think nothing is priceless.” The bite replied. Apart from this approach, he couldn’t think of a better way.

When he saw this news today, he also let his agent cash out all of his Enron stocks. Although he sold so much, he lost a lot, but if he waits until tomorrow, the loss will be more.

At this time, some people who did not read newspapers and TV received news on the Internet. Enron Corporation was suspected of financial fraud and false profits.

They wanted to throw away Enron鈥檚 stock at this time, only to find that they couldn鈥檛 sell it.

Since everyone is throwing, there is no one to pick up, which leads to Enron鈥檚 stock not only being sold, but also the stock price is still falling. Those people hold orders, one is lower than one.

I am afraid that later, these stocks are equivalent to one piece of waste paper!

At this time, the securities company and the investment Corporation Boss who had bottomed out in the afternoon were crying. They thought they were cheap, and the result was a pit!

It鈥檚 rotten now, and the stock will open tomorrow, guaranteeing that it will continue to fall.

Those who sold the Enron stock first were relaxed at this time. Although the crazy sell-off, they lost a lot, and some big organizations even lost tens of millions of dollars. But it鈥檚 always better than nothing in the end.

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鈥淚t鈥檚 falling! Hahaha, Feng, you鈥檙e so amazing. This Enron鈥檚 stock really started to fall. You said that with such a large structure, how to issue stocks is so small, we have not borrowed how much short “Kirilenko is a pity.”

“That’s not bad. You are also planning to invest in this Corporation stock.” Feng Yu gave Kirilenko a blank look. If you invest in Enron, just wait for the blood to go.

Well, maybe the court will later sentence Citi and other companies for compensation, but the compensation is definitely not enough.

“The agent, I have already been opened by me! I know that with the flow, if I am at this level, why should I give him such a high commission?” When it comes to this, Kirilenko is angry. The agent he invited, how can there be such a big gap than those invited by Feng Yu!

This time, they borrowed the shares of Enron Corporation through the securities Corporation and then waited for a while to buy them back. They only had to pay a deposit.

Unfortunately, a stock can not be borrowed much, so don’t look at the high profit margins, but the overall profit is not much, but it is enough to make up for the loss of their online technology stocks.

When Feng Yu chatted with them, Ralph knocked in the door: “Boss, Enron has responded. Their Chairman said that your remarks are purely filthy. They have never faked any data. They have already commissioned The lawyer sent a letter to you and the cable TV station in the country asking us to apologize publicly and compensate for the loss.”

After the news was released, Enron鈥檚 share price really rose a bit, and some of the listed orders were finally delivered successfully. Now those investors are divided into two factions, one is to sell quickly, and the loss is recognized. The other faction is taking the opportunity to copy the bottom, waiting to turn over tomorrow, making a big profit.

Kirilenko frowned and said: “They are too shameless. Didn’t they respond to the law of Benford?”

Feng Yu smiled and waved his hand: “It doesn’t matter, the accounting firm I want to give to Enron Corporation will respond to us soon.”

Sure enough, the accounting firm, which is very famous 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鈥檚 okay to say it, who believes!

After the news broke out, Enron Corporation’s share price went down again, and Ladullah couldn’t hold it.

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

Feng Yu shook his fingers: “I am not in a hurry. How much has it fallen today? It will continue to fall tomorrow. Even I think the stock of this Corporation is not allowed to fall below one dollar.”

“How much? One dollar? This morning, their stock price is more than sixty dollars!” Kirilenko opened his eyes.

Feng Yu said that if the price falls below one dollar, the Corporation will go bankrupt.

鈥淣othing is impossible. If they make a false account, they will have to bear legal sanctions. The evaluation agency will lower the credit rating of Enron Corporation, which is a fatal blow to Enron. Again, Think about it, why are we still selling Citigroup stocks?”

“You mean, Enron’s things are big, will Citigroup be involved?” If you can bring in Citi, it is not impossible to fall.

“Inevitably, Citi is one of the most famous financial groups on Wall Street. Now, the network bubble, Citi is also one of the promoters behind the scenes. How much of this kind of Corporation stock they invested in is profitable. There is no substantial evidence. The attack on Citi will not be too big. But Citi鈥檚 account with Enron has been done, and Citi may not know?鈥?/p>

Feng Yu is full of confidence, and Citi will inevitably have to pay a heavy price for it!

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