Global stock markets are turbulent and have repeatedly set record declines. However, a new small company in the UK, nicknamed "The King of Short Selling in London", turned this financial crisis into their business opportunity. They are making money almost every moment and can continue to "make big money".

"I like crisis!"

Simoncock, 45, is one of the main traders of Andy Smith's London financial group. It took only one year to become famous in the British securities trader circle for being good at short selling.

This month he had netted £25 million, or about $43 million in less than an hour, and the stock he chose was in a diving position as he expected.

"I like this crisis because some people seem stupid at this time," he said with a smile. "I always like the rapid changes in the stock market situation, because people who are not smart enough make more mistakes at this time, but I can make profits from it."

In the office hall full of modern style, simple and bright, Simon Cock lay on the boss's chair, his feet on the desk, holding coffee, and a relaxed smile on his face, and a little proud to brag with his other colleagues. There are 4 computer screens showing various stock market indices on the desk.

“fxxk!”

A bunch of high-rise middle fingers and disdainful complaints sounded, Simon Cock was still boasting very proudly and ignored the ridicule of his colleagues. Anyway, when others show off in the future, he will be the same as they are now, envious, jealous and hatred.

Of course, Simon Cock is very clear that everyone present is short-selling the magic weapon to make money, and the secret to making big money is to believe in your own judgment.

Short selling means that investors first borrow stocks from brokerage companies and sell them in the market, and then buy stocks from the market in the future to return them. If the stock price falls after the investor sells, investors can earn the difference.

This investment method is not small. If the "bet" stocks rise instead of falling, investors will suffer losses.

Cock was obviously confident in his judgment. He continued to shamelessly share his secret of success: "My theory is that among the 100 opponents, I am smarter than 99 people. I will not let him win easily if the remaining one."

"I think quickly and cautiously," he continued to brag about the complaints, "I won't panic."

"I'll make a lot of money!"

"Shut up, you bastard"

"Go to die!"

"Crack"

"Bad bastards, you are jealous!" Simon Cock hurriedly put down his feet on the table and avoided the various items flying towards him. He shouted while smiling at the corner of his mouth. He knew that he had indeed disgusted these guys, otherwise he would not have been attacked in the "success time".

"Play!"

The manager of the London branch, Chelsea Angel, walked out of his office and looked at Simon Cock who was attacked by various flying objects. He just smiled, then clapped his hands, raised his voice and said, "Okay, stop making trouble, prepare for it, the video conference time is up, the boss wants to listen to our battle report!"

Simon Cock stood up from behind the computer screen, pulled the hem of his high-end custom suit very gentlemanly, stroked his big oily head, looked around proudly for a week, and said to himself: "Bitches, the meeting is over in a while, I will continue to share my secrets of success with you."

What caught my eye was that more than thirty middle fingers were raised high, and even Chelsea Angel shook his head helplessly and laughed. He didn't know how long this so-called "success time" sector could last, one was more shameless than the other.

"Boss, according to the news, the UK Financial Regulatory Authority will recently announce that investors will temporarily ban short-selling financial stocks, and the ban may involve stocks of about 30 listed companies..."

In the conference room, the eyes of the London Financial Group focused on the screen wall behind the first position, and the screen was Andy Smith, who had just finished the call with O'Hainiu.

After hearing the report from Chelsea Angel, Andy didn't seem to be surprised by the news. With the introduction of the rescue policy, it still cannot stop the stock market's plunge. More and more short-selling transactions are accused of being one of the reasons for the turmoil in the financial market at this stage. Some regulators suspect that the sharp drop in the stock prices of Wall Street financial institutions is related to the illegal behavior of some short-selling speculators.

The force represented by Andy Smith, who is making money with big bears, has become a force that many people hate and have headaches, and is more of a helpless speculator. They will not violate the law, but they can hedge their targets with huge amounts of funds. Even though they know the other party's methods, under this trend, they can only watch them return home again and again, leaving behind a messy scene of bloody wailing.

The only thing the financial authorities in various countries can do to treat such big short sellers is administrative intervention and directly prohibit short selling of financial stocks that are most vulnerable to financial storms during the financial storm.

"Haha, then continue to short the stocks of other companies! The economic policy of the British government in the past 10 years has been a "crazy gambling". The current British Prime Minister Gordon Brown's relaxation of low-interest credit during his tenure as Chancellor of the Exchequer is one of the causes of the UK's inability to resist the financial storm.

In the future, there will be large-scale public unemployment and corporate bankruptcy problems. If we find these companies out, we will make a lot of money!”

The London branch naturally had no objection to the decision of the boss, which was also an inevitable choice.

“How is the situation in Icelandic Kroner lately?”

"It's a mess. The Icelandic government has completely lost control of its currency exchange rate. Credit card companies around the world are at a loss. The exchange rate in the international market ranges from 1 euro to 200-300 kroner. The actual operation is 1 euro to 225 kroner, while the price of purchasing the euro in the domestic market is about 1 euro to 150 kroner. Iceland's domestic foreign exchange reserves are too small, only 2 billion euros.

International speculators have flocked to it and have emptied their foreign exchange reserves. At present, except for Denmark and Sweden that have raised $2 billion to help alleviate the bankruptcy crisis of the Iceland government, other countries have refused to help Iceland. British Chancellor Alistair directly used anti-terrorism authority to seize Iceland's assets in the UK, causing serious diplomatic conflicts."

"Haha, this is a lesson from the past. Argentina is so scared that it is a 'national deadbeat'. It's funny to say that Argentina has been neglecting for 8 years and is now seeking to take off the hat of the 'deadbeat'. Now, the richest Iceland may wear this hat. Do you think the Russians will receive the 4 billion Iceland?" Andy couldn't help but shook his head and laughed with gloating.

In 2001, Argentina became a "national deadbeat" because it was unwilling to repay its debts and was neglected by the international community for eight years. Iceland certainly did not want to repeat the mistakes of Argentina and was neglected for eight years, especially when you only have fish left to eat.

"There are too many conditions nearby for the Russians, and the possibility of Iceland's successful loan is not high. The EU will not agree. The only one who will take action in the end may be the International Monetary Fund, but the money must be in place in one step, otherwise it will only become a tactic of adding fuel, and will soon be emptied by international speculators using foreign exchange rates.

After the opening of the market on the 14th, the Icelandic stock market suffered a plunge, with a drop of 77%, the largest drop in a single day. In October last year, the highest point of the Icelandic stock market was as high as 8,571 points. Based on this calculation, the cumulative decline of the Icelandic stock market was more than 90%, and it won the global decline list with a drop of 92%.

Iceland, which has no support from the real economy and is completely a virtual economy, may only go fishing as the Prime Minister said.”

"Puff"

"Haha..." Andy couldn't help laughing, and everyone who was also feeling uncomfortable was starting to laugh. Due to the large land of Iceland and the abundant natural resources, Prime Minister Halde saw the collapse of the banking system, the sharp depreciation of the Kron and the soaring prices, and the consumption level of Iceland residents was greatly reduced, so he had to come forward and suggest that the people fish on their own to save food expenses.
Chapter completed!