“14 billion US Dollars.
“This year, in the global GDP ranking, at 40th place is Lion City, which had a GDP of 92.2 billion US Dollars. After conversion, the 14 billion US Dollars would be equivalent to the total social wealth produced by the people of the country in one month.”
In the meeting room, Jasper looked at Lord Alvarado and Kayden on the screen and smiled. The three of them glanced at each other, their expressions very relaxed.
Lord Alvarado yawned and said, “Well, even if it’s such a huge number, why don’t I feel anything after throwing it away?”
“What an arrogant poser.”
Next to Jasper, Henry complained.
Lord Alvarado laughed.
Todd and Dean sat in the corner silently.
This was the place where the three big shots talked. Henry was qualified to talk to them because of his special status, but they were different.
If you spoke without thinking in inappropriate situations, you would be scolded for being insensible.
“Now that we’ve made our move, we’ll see what Quantum Fund will do,” Kayden said.
“They are moving right now.”
The three of them received this news at the same time.
Jasper immediately looked at the trading screen.
“They’re contesting us. Even the amount of money they invested is similar. We invested 14 billion US Dollars and they invested 14.2 billion. Are they so desperate to fight us head-on?”
Lord Alvarado’s voice was transmitted to Jasper and Kayden’s ears simultaneously via the online call. Then, they fell into a brief moment of silence.
Everyone was waiting for Jasper’s decision.
After all, they came to an agreement that this time Jasper was the final decision maker. It did not matter what their statuses were, at this moment and in this matter, they had to listen to Jasper.
This was also the basis of everyone’s cooperation. Jasper did not hesitate for too long. He soon asserted, “It’s not time for a real fight yet. Otherwise, they would go directly into the sectors we are shorting and fight with us. Let’s continue testing the waters.
“Regardless of the amount of capital invested by either us or Quantum Fund, we cannot possibly exceed the size of the market itself. You have to keep in mind that the Dow Jones Index is worth tens of trillions of dollars.”
“Hence, in any transaction, the biggest dealer is actually the market itself, that is, the tens of thousands of institutions and retail investors operating on their own interests.”
“Now we are trying to get as many retail investors and institutions as possible to follow suit. This really depends on who has the most courage,” Jasper said, narrowing his eyes.
There were dozens of people in the trading center of Nauritus City, dozens of people in Harbor city, and less than 20 people in Waterhoof City.
All of them were silent as they waited for Jasper’s final decision.
“Go short.”
Jasper’s eyes calmly watched the massive amount of data being refreshed every second on the screen.
“Layman Investment Bank, Colossal Investments and Mayland Investment Bank!”
“These three investment banks are the benchmark stocks in the banking sector of the Dow Jones Index, and they are also the three largest capital giants on Wall Street. They are our enemies. Take them down first.”
“At least bring each of these three banks down by 5 percentage points.”
Following Jasper’s statement, the traders in the three trading centers immediately sent out the orders. Then, the brokers acted according to the instructions frantically.
Countless empty orders at sky high prices appeared on the stocks of these three investment banks a few seconds after Jasper issued the order.
The Dow Jones Index, which was surging due to the first trial between both Jasper and Quantum Fund, immediately changed amidst an uproar.
No one thought that JW Foundation, led by Jasper, would start the first official attack on the three investment banks.
Even the weakest of those three investment banks, Layman Investment Bank, had a market value of 60 billion US dollars.
JW Foundation was issuing a statement of intent and saying that they wanted to use their own strength to fight against the three most respected capital consortia on Wall Street!
A huge number of empty orders with sky-high prices were dropped without warning and the stock prices of the three investment banks plunged.
Among them, not only were there empty orders from JW Foundation, but also the empty orders of other hot money investors who were simply following the trend. Moreover, there were also some institutions and investors who originally held the stocks of these three investment banks, but they retreated when the situation started becoming unsatisfactory.
The forces were complex. There were some people were taking advantage of the crisis for personal gain and there were also some daredevils ran counter to the trend.
There were all kinds of people in the world. Fighting and scheming against others was vividly demonstrated in the capital market where neither they nor the other party could see anything substantial.
“Jasper launched an attack on the three investment banks.”
Rogers received the information immediately.
By the time favonovel.com came on the computer screen, the stock prices of the three investment banks had already begun to fall.
The one that fell the most was Layman Investment Bank, which dropped by 3% immediately.
“Billions of dollars in the three investment banks have evaporated. I don‘t know what kind of expression our shareholders will have when they see this scene.” Rogers laughed.
As one of the decision-makers of Quantum Fund, favonovel.com was very annoyed by these insufferable investment banks, but favonovel.com could not do without them. The investment banks were the largest customer for hedge funds like Quantum Fund, and they were also their main source of income. Moreover, this was a joint operation by the Wall Street capitalists. These three investment banks were all major supporters of the operation, so favonovel.com could not watch them perish without doing anything.
“Follow him. We’ll buy all of Jasper’s sell orders,” Rogers ordered flatly.
After just one sentence, the tens of billions of dollars gradually began to fiercely compete and fight on the stocks of the three investment banks.
Only half an hour passed had passed on the first day of trading. At this moment, the Dow Jones Index was handling the trading volume typically faced only 4 hours into normal trading.
This proved that the market was abnormally active. The fight between the short and the long sides had begun to gradually heat up.
At this moment, Valentine looked at the computer screen excitedly in a villa in Nauritus City. Then, favonovel.com said to Conrad, “Mr. Monty, it’s officially started! They’ve officially started!”
Conrad glanced at the scary transaction data in the lower right corner and said faintly, “I know.”
After favonovel.com said that, Conrad sighed, “A year ago, Jasper was just a humble parvenu in front of me. But this parvenu defeated me three times in the span of just a few months.”
“It completely changed my life.”
“Now, favonovel.com represents the capitalist in Somerland to fight the capitalists in Wall Street on the United States stock market. His every move will affect the direction of hundreds of billions of US Dollars. He’ll also influence trillion-dollar global capital market dynamics.”
“And I…”
Conrad laughed in self-mockery and said, “I can only sit here as I watch favonovel.com build skyscrapers, watch favonovel.com host parties to entertain guests, and watch favonovel.com reach the absolute pinnacle of life.”
Valentine was slightly stunned. Then, favonovel.com said subconsciously, “The next sentence should be to watch his skyscraper collapse and watch favonovel.com get completely deserted, right?”
Conrad shook his head and said softly, “No…”