Chapter 1690 Throw 1 billion to test the water first!
"Dongdong--"
"Mr. President, the other party has taken action-"
Ao Guanhai, who was listening to the briefing for half an hour in the Oval Office, heard the report of the economic adviser who suddenly pushed the door open. His eyes lit up. Under the gaze of many staff members, the courier put down his legs on the desk, sat up straight from the boss's chair lying against, and stood up.
"How about it?"
"This is the ins he just posted, and he seems to be going live..."
Ao Guanhai's mouth twitched a few times, took the phone handed over by his subordinates, and looked at the phone curiously.
"Tsk tsk, the S&P 500 has dropped to 666 points. It's a very auspicious number, so let's throw 1 billion first and try the waters!"
Seeing the information posted on Andy Smith's Ins, Ao Guanhai's forehead was covered with black lines and his face was unnaturally thrusting.
God tm's auspicious number!
Let's throw a billion first try the waters...
And at this moment, everyone who was also paying attention to Andy Smith's dynamics looked at his ins with complicated expressions.
The US stock market fell before, and many people used Andy's articles and interviews to mock him for overestimating his ability and just talking but not practicing...
As everyone was paying attention to Andy Smith Ins, Ao Guanhai looked at his economic advisers sitting in front of the computer to track the flow of funds and asked anxiously: "How about it, are there any abnormal booms in which stocks?"
"Starbucks, Qualcomm, Apple... and Citibank!" The economic adviser looked a little weird, but his eyes were flashing with light reporting to Aoguanhaihui.
"Citibank? Are you sure?" Ao Guanhai asked back in surprise.
"It's very certain that the market continues to decline and the transaction volume shrinks. Although the billion dollar is nothing to the entire market, it is still obvious to concentrate on several stocks. Look here... Citibank's buying large orders swept away the low-priced selling orders, completely locking the current price!"
The economic adviser pulled out Citibank's stock trend chart and pointed it out to Aoguanhai, explaining in detail.
"I can understand him buying Starbucks, Qualcomm, Apple's stocks, Citibank..." Aoguanhai looked at a super big order that was crossing the middle during the buying market, and was muttering with frown as people continued to sell, changing numbers.
You should know that a few days ago, the US government reached an equity conversion agreement with Citigroup. In fact, Citibank was nationalized in disguise. The government became the major shareholder of Citibank and the management changed a lot.
Isn’t Andy Smith very opposed to bank nationalization? Why, now you are starting to buy Citibank’s stocks crazily?
"I'm afraid I know why he bought Citi's stocks at the bottom..." At this time, US Treasury Secretary Geithner, who was standing aside, raised his head, looked away from the screen of his phone, frowned slightly, and interjected with a serious expression.
brush--
Everyone in the Oval Office focused on Geithner's face, and Ao Guanhai hurriedly asked, "What's the reason?"
"Just just now, Citi Chairman Pandit sent me a text message, saying that Citi is expected to usher in a long-lost profit in the first quarter..."
"hiss--"
Everyone present was the elite of this country. Naturally, they knew the possible market impact of this news. They took a breath and looked at each other with a burning look.
"Is he really so magical? He really made his prediction accurate?" Ao Guanhai muttered softly in shock.
"It should be the result of his think tank analysis, because before we reached an agreement with Huaqian Bank, his think tank reached a $1 billion preferred stock transaction with Citibank, and Yingtai Bank purchased $3 billion of bonds issued by Citibank."
When everyone heard Geithner's addition, they suddenly realized that they were also impressed by Andy Smith's shrewdness and decisiveness and grand work.
With the long-term holding of low-priced preferred stocks and the bottom-buying of the secondary market, Citibank, which was nationalized in disguise, has now become a good company to get rid of the financial difficulties.
Tsk, good companies, good business, good prices, so for Andy Smith now, the biggest risk of the stocks he holds is no longer the decline in stock prices, but whether the fundamentals will change.
No wonder he dares to say that he can try it out with one billion first!
"Mr. President, Andy Smith's Ins has been updated again..."
"Hmm? What did he say?" Ao Guanhai looked at his staff with sharp eyes.
"Okay, it seems that the power of short selling is very strong. 1 billion was washed away so quickly. Tsk tsk, I didn't even hear a sound. Since that's the case, I'll throw another 10 billion!"
"Wow—"
There was an uproar in the office, and Ao Guanhai's skin twitched violently for a few times, and he was shocked.
madman!
This was everyone's first reaction, but he quickly shook his head and smiled bitterly. If Andy Smith was a lunatic, then what were these people? Damn, there was no one else. That was $10 billion, how could he say it was like throwing away $100!
"There are a lot of money to buy multiple companies in the S&P 500..."
“The S&P 500 index begins to rebound…668.12…669…”
"Andy Smith updated the ins again, with pictures..."
"What?" Ao Guanhai asked frowned when he heard his subordinates' hesitation.
"One is a homeless person on the corner of the street, the other is his own back standing on the movie-watching platform, and the text is... The opportunity is right in front of you. Don't say I didn't tell you, you can choose your own choices if you are poor and rich!"
“680.97….681….”
At this time, the eyes of everyone in the Oval Office became hotter. The more they knew, the more they were confident about the rebound of US stocks. This was an opportunity to make money openly.
There is a unique opportunity to buy at the bottom. You must know that once you wait for the market to buy, you will often face the problem of missing the opportunity or the cost is too high, so you will miss the opportunity to make money!
If they can miss this, they will never forgive themselves.
"call--"
"Timothy, inform Citi Chairman Pandit to announce the news of Citibank's profits to the public! It's time for us to end this darkest period!" After taking a deep breath, Ao Guanhai looked at US Treasury Secretary Geithner with a firm tone and unquestionable order.
"Okay, Mr. President, I'll notify Pandit right away." Geitner's pupils shrank slightly, but he nodded without hesitation and then picked up his cell phone and called out.
Chapter completed!