What were the people in the United States most afraid of now?
Their biggest fear thing was that Jasper would make a wild profit of 210 billion US Dollars in the subprime market and then leave with this profit that was enough to cause a global sensation.
It was like Jasper was a player on the gaming table of someone from the United States. No matter how many chips Jasper won at the gaming table, as long as Jasper was still seated at the table and the game was not over, this matter was not conclusive. However, if Jasper stood up and walked away with his chips, then it would be all over.
Once such a thing happened, the United States, as the world’s largest economic power and the country that laid down modern economic laws, would be left humiliated.
This was not merely about the 210 billion US Dollar. The United States, as the global economic hegemon, would not allow this kind of humiliation to happen in front of everyone.
So, Jasper did not intend to provoke the United States on this. He would not stimulate its already sensitive and famished nerves that were equivalent to a forty year old widow.
After all, if the United States decided to throw everything away and act like a hooligan, then Jasper would be the one who would suffer. Hence, Jasper’s choice was to use a mortgage to exchange the profits won on the subprime market without losing out on the financial stock market, which would allow favonovel.com to continue playing this game.
It was like Jasper had won a big ticket in Baccarat, and as the dealer, the United States already had a very unpleasant expression on its face but still held back their anger and did not flip the table on him. Now, Jasper did not leave, but instead, favonovel.com just used his winning chips to play Blackjack, so the United States was still cool with this.
Although the two sides did not have any communication and negotiation, or rather, they did not even have any basic communication, Jasper, as the biggest player, and the United States, as the dealer, still maintained a certain tacit agreement in front of the basic rules.
Therefore, as per Jasper’s instructions, the process of Jake entrusting the legal team in the United States to go through the mortgage procedures went smoothly. Even the United States functional agency, which had always been known for its inefficiency, hurriedly handled the application from JW Foundation.
Both parties were like old men and women who already had countless affairs. With just one look, they managed to finish all the procedures without saying a word.
Half an hour after the opening, all the procedures were done.
JW Foundation was like a greedy and hungry lion. It jumped from the financial stock market to the subprime market, and after killing everything in its way and overturning the entire subprime market, it returned with generous spoils.
They were shorting and they were shorting in huge amounts!
When JW Foundation began to short the top 50 listed companies in the United States, the entire stock market was full of grief.
“The Dow Jones Index fell by 759 points and is currently encountering a support level of 26001 points. The Nasdaq Index fell by 1119 points and encountered a n integer mark of 20000 points. The rebound sentiment in the two markets is serious. With the support of strong support points, our resistance to the short selling is very high.”
Standing in front of Jasper, Jake said with a worried face, “The rebound we estimated before has begun to take place. The current position should be the market‘s defensive point. It will be very difficult if you want to continue to attack. Mr. Laine, do you want to hold it on now?”
Gazing at the constantly refreshing data stream on the screen in front of him, Jasper said with a serious expression, “Abandon shorting listed banking companies such as Morgan, and settle all our accounts on them. Focus on dealing with technology companies such as Apple, Amazon, Oracle, Weresoft, and stocks from internet companies.”
“The funds are still not enough.”
Jasper sighed.
The financial market of the United States was too strong and too big. It was like a vast ocean, so even if Jasper held more than 300 billion US Dollars of capital on hand, his opponent was the United States financial market with such a deep and powerful foundation. Thus, it would still be difficult even with the help of the power gained from the financial crisis.
Needless to say, they would have been daydreaming if they wanted to attack the two stock exchange centers in the United States at the same time with the little money they obtained without the blessing of the financial crisis.
Jake opened his mouth and wanted to say something when favonovel.com heard what Jasper said, but upon seeing Jasper‘s serious expression, favonovel.com swallowed his words before turning to get to work.
JW Foundation’s performance on the first trading day of the reopening of the United States was strong. Even if it switched from an overall umbrella attack to a direct peer-to- peer attack on technology and Internet giants, it still put the entire Nasdaq and the Dow Jones market under tremendous pressure.
However, the actions of JW Foundation still exposed some information, and this information allowed some people and funds to spot excellent opportunities.
When Jasper noticed that while favonovel.com was suppressing the stocks of technology and Internet companies that someone was secretly buying stocks at a low price, favonovel.com knew these people had discovered his intentions.
He could not underestimate the people of the world. Furthermore, Jasper could tell that there were definitely his old friends among them.
The man who was regarded as the god of stock.
Also, under the premise of the financial crisis, the stock value of the financial market and those high-quality companies were generally lower than their actual value.
If the man who was good at making long-term investments and was as stable as an old dog did not do anything, then it would be strange.
“Mr. Laine…”
As soon as Jake came in, Jasper said, “I know. Just let them do whatever they want.”
“These people are crocodiles wandering in the international capital market and they will appear wherever there is the smell of blood.
“In the United States financial market, most of the valuable listed companies now have their stock prices critically lower than their actual price. Will these guys miss out on this opportunity to make a fortune?”
“Whether it is our follow-up suppression or the self-rescue measures of these companies in the future, after the financial crisis, these listed companies would inevitably be the first batch to restore the high-quality characteristics of their stock prices and allow their holders to make a fortune. Unfortunately, we can’t do anything to them at this moment.”
“But we’re shorting and they’re buying, which is equivalent to standing on the opposite side of us!” Jake said, feeling a little pissed.
“We’re not kids playing house. They will naturally pounce if there are benefits. It doesn’t matter if they’re buying or shorting, it’s all for profit. Now that there will be profit if they’re buying, then, of course, they will buy. This has nothing to do with standpoint, only profit. Plus, we don’t even need to investigate it. The background of international hot money is too complicated and confusing, so there is no way to find out more.”
“Continue to go short. Today is the first trading day, so it will have a great guiding effect on the market. Today’s record will determine the confidence of the entire market over the next week, so we have to break them down. Even we have to buy these stocks, let alone this hot money.”
