With the large-scale entry of European and other overseas capital, the already red-hot Nasdaq was like oil poured on a fire, burning even more intensely.
After breaking through the 4500-point mark, the Nasdaq index completely transformed into a runaway wild horse, galloping across the plains.
The Nasdaq index surged, averaging an increase of 20 points per day!
During meals, people discussed the internet;
During work breaks, they talked about the development of high technology;
As soon as they returned home, they immediately turned on the TV to watch financial news;
Before going to bed, they would calculate which stocks to buy and how much to buy the next day.
The craze for internet and tech stocks had swept across the entire United States, because... it was too easy to make money.
However, a problem arose!
There simply weren't enough retail stocks on the market!
Even in secondary market trading, many people couldn't get enough shares, and even those powerful investment firms had been troubled recently.
Strategic Missile Investment Company.
It was a Wall Street investment firm founded in 1985, with over 240 employees worldwide, making it a small investment firm managing over 1 billion US dollars in assets.
However, Mili Stolls, the owner of the investment bank, had been feeling troubled recently.
"What should I do?"
"The market for internet and tech stocks is so good right now; basically, if you cast a net today, you'll get a good return in a few days. However, scattered stocks are too difficult to buy now."
"Seeing a treasure mountain but unable to enter, it's truly infuriating."
"If I can't earn such a great fortune, even God won't forgive me!"
Mili Stolls was very distressed; these past few days, he had been so worried that he couldn't eat or sleep well, and even his favorite group activities, which he used to love, now felt dull.
Bang!
Just then,
The office door was suddenly pushed open.
Mili Stolls was furious, already looking for an outlet for his anger, and immediately roared, "Tony, if you don't give me a reasonable explanation, I guarantee you won't get a single cent of your bonus this month."
Tony didn't pay any attention to this.
He anxiously shouted, "Boss, just now, someone on the market was massively selling off stocks. In just ten minutes, at least 200 million US dollars worth of stocks were sold."
"What?!"
Mili Stolls was shocked, "Are they internet and tech stocks?"
"Yes!" Tony immediately replied.
As soon as he finished speaking, Mili Stolls immediately sprang from his seat, his face beaming with joy, feeling as if his previous gloom had been swept away.
Both of them were shrewd individuals.
And both were old foxes who had been on Wall Street for decades, so their market acumen was self-evident.
Selling 200 million US dollars worth of stocks in ten minutes?!
They immediately concluded that this was not retail investors selling, but an investment bank holding a large number of internet and tech stocks, selling them off to cash out.
Mili Stolls said solemnly, "Tony, I'm giving you two tasks. First, keep an eye on the stock market. Since they've sold 200 million US dollars worth of stocks, they will definitely sell more. As soon as they flow out, immediately snatch them up for me."
"And the second?" Tony asked.
Hearing this, Mili Stolls immediately revealed a cold expression.
"Of course, it's to find out which investment bank wants to exit when the market is so good!"
For the speculators on Wall Street, they indeed pounce on profits when they see them, but they also weigh the risks.
Just like a cheetah stalking its prey, it will lie in wait for a long time, assessing the risks and rewards. Once it senses danger, it will not hesitate to abandon the hunt, but... if the benefits outweigh the disadvantages, they will go all out.
"Fools and reckless people don't survive three days on Wall Street; they'll be eaten clean like KFC."
...
Gale Capital Investment Company.
President Andy Cherop reported, "Boss, we have completed the sale of 200 million US dollars worth of stocks, and 200 million US dollars in cash has been credited."
Clap, clap, clap!
Kyle clapped his hands and said, "Very good, well done."
Changing the subject, Kyle then asked, "Have you avoided being tracked by other investment banks?"
President Andy Cherop shook his head and said, "We haven't been tracked yet. However, there are no secrets on Wall Street. As time goes on and we continue to sell stocks, it's inevitable that they will track us down."
Kyle nodded.
It was almost impossible to completely hide from those old foxes on Wall Street.
Rats have their ways, and cats have theirs.
As long as you do something, you will leave traces, and for the investment banks on Wall Street, they command vast amounts of capital and possess immense influence at all levels, so tracking down Gale Capital is only a matter of time.
"It's still the same old saying: seek victory through stability, and secure your profits."
Kyle waved his hand and said, "Before February 20th, sell off all internet and tech stocks. Even if the Nasdaq market is doing well then, I don't want to see any hesitation from you."
Pulling chestnuts out of the fire, dancing on a knife's edge... finding opportunities and advantageous entry points in the treacherous stock market crisis was undoubtedly a very difficult task for Kyle, who was not a finance professional.
Rather than that, Kyle would rather not earn that extra money than get involved in such a mess.
"Besides, when the internet bubble bursts, I can short sell. The overwhelming decline at that time will be unstoppable by human effort, and making money will definitely be easy."
Kyle was not an adventurous person at heart.
The risk was too great!
"If you can make money safely, why take risks? Moreover, if you take risks and make money, you might also face huge fines from the authorities."
After giving a few more instructions, Kyle planned to return to Los Angeles.
The preparations for "Tomb Raider";
The finalization of "Spider-Man";
The supervision of "Harry Potter";
A host of other matters at Golden Dawn Entertainment Group also required Kyle's attention.
"Ding, ding, ding ~"
Just as Kyle was about to board his private jet, he suddenly received a call.
"Hi, Kyle, I heard you're in New York. Why didn't you come to see me?"
Well, the person calling was none other than Kyle's old friend—the young Black Widow.
"Scarlett, I'm sorry! I'm about to take a flight back to Los Angeles, and as for the dinner I promised you earlier, we'll have to wait until next time," Kyle said.
"Alright then."
After a brief conversation, Kyle decisively hung up the phone.
Chief Assistant Alexander smiled and said, "Boss, it's Miss Scarlett Johansson."
Kyle nodded and smiled, "See? None of the women who can make it in Hollywood are simple, even if she's just a 16-year-old girl."
As for how good Kyle's relationship with Scarlett Johansson was, it wasn't necessarily that good.
She often took the initiative to contact Kyle, simply because of the film and television resources in Kyle's hands. Kyle was happy to play along, after all, who could blame him when she was so beautiful?!
...
Paper cannot wrap fire!
For several consecutive days, Gale Capital successively sold off 1.2 billion US dollars worth of stocks, finally allowing those Wall Street investment banks, sniffing out the scent, to track down the traces.
Thus, many people began to speculate and theorize about conspiracies.
After all, with the market doing so well, others were begging for stocks and couldn't get them, yet you were in a hurry to sell? This made them unable to help but overthink!