"Mr. Smith, thank you very much for your help this time."
"Mr. Long, it is my honor to cooperate with you."
Ethan Long shook hands with Mr. Smith, the manager of Wells Fargo Bank. This trip was not in vain. He mortgaged his Stark Industries stock and borrowed a sum of money from Wells Fargo Bank—300 million USD. Certainly, it was also because Mr. Smith of Wells Fargo knew him well. Even in the West, connections matter.
Smith smiled and sent Ethan Long out. This was not the first time he had come into contact with Ethan Long. After all, Ethan Long was originally his big client. Even if Ethan Long loses money on this investment, the shares in Stark Industries in his hand can be mortgaged back to the principal, and the bank will not lose money.
At the moment, Ethan Long already has 800 million USD in his hand, including the loan money. No matter how much Ethan Long loses, he can always repay the 300 million USD and interest after one year. What's more, Smith knew the purpose of Ethan Long's loan: to acquire shares of Stark Industries heavily.
"What an amazing young man."
Smith thought about the stock of Stark Industries. This guy is a twenty times leveraged short seller of Stark Industries. Now the funds are entering the market to buy at the bottom. Once there is any good news from Stark Industries, Ethan Long will make crazy profits.
"Can I use the spare money on hand to buy some shares of Stark Industries?" Stark Industries, which has abandoned the weapons production department, is not as bad as the outside world imagines. Tony Stark is a genius among geniuses. If he transitions to civilian use, this blue ocean will be hundreds of times the market for military industry.
Whether it is the smartphone market, the new energy vehicle market, or the artificial intelligence market, for Tony Stark, there is no technical obstacle. And these three markets have continued to grow and have surpassed the military market. In the military industry market, Tony Stark is not in a monopoly position. He is just one of the leaders.
However, it is conceivable that, with the ingenuity and wisdom of Tony Stark, he can achieve a leading monopoly position in many fields when he transfers science and technology to the civilian market. Moreover, as an executive of the bank, Smith knew exactly how rich Tony Stark was. The family property his father left him was by no means limited to Stark Industries. The money his father earned back then, as well as Tony Stark's family funds, was an astronomical sum.
At this moment, Tony Stark has not yet recovered from the state of being kidnapped. If Stark Industries continues to fall, with Tony... Smith was immediately interested.
He returned to his actions and opened the history of Stark Industrial stock. Today, the stock price of Stark Industries has not closed yet, with a drop of about -5.1%, but the trading volume is stabilizing. In Smith's experience, he could tell immediately that someone was buying shares of Stark Industries for a large sum. Just little movement.
"300 million is not a small amount."
"According to my speculation, he will pursue high profits, so this money will definitely go to the futures market, and leverage to go long on Stark Industrial stocks."
Smith logged into Interactive Brokers, and sure enough, some securities had set up betting orders. For a securities company, no matter whether it is short or long, it has no effect on it. It is just a trading platform. After all, when someone buys long, someone sells short.
Ethan Long transferred 300 million USD to his securities account, and he used 200 million USD leverage 20 times to buy a long contract of 4 billion USD. Everyone is bearish, so Ethan Long's bullish contract will be traded soon. Obviously, the whole market is bearish on Stark Industries. The over-the-counter futures market turnover has exceeded the stock market.
And at the moment, the stock price of Stark Industries has come to 5.6 USD. His stock position suffered a loss of more than two million dollars. And at the moment, Ethan Long has 140 million remaining funds in his stock account. He has transferred 4 million USD to his bank account as his daily expenses. Then, Ethan Long directly used the funds in his hands to buy up shares in the market. This time, Ethan Long did not use leverage. Because he needs to hold the shares of Stark Industries for a long time. Even if all the leverage in the futures market is lost, he can still repay the debt with the stocks in his hands in the future. This is an insurance policy.
Soon, Ethan Long grabbed a lot of shares from the market. He grabbed 24 million shares of Stark Industries, and the invisible big hands in the market also reacted and began to grab shares by a large margin. The stock price once rushed to 6 USD, which has exceeded yesterday's closing price. The average stock price of Ethan Long's overall position is 5.7 USD. In this way, the drop in today's lowest price has not yet fallen below yesterday's closing lowest price. And at the moment, Ethan Long's stock has made a profit of 32.1 million USD. And long positions are more ruthless. Ethan Long placed a 4 billion contract on 5.61, resulting in a large number of transactions in the OTC futures market. Long contracts are now up 7%. It rose 1.6 percent from a 5.1 percent decline. A net profit of 280 million.
"Sure enough, futures still make money."
But Ethan Long understands that if he hadn't ignited the fire with 140 million dollars and made acquisitions aggressively, causing the bankers behind him to start working hard, he would not be able to earn so much. At the moment, Ethan Long has become the third shareholder of Stark Industries, holding 1.07% of the shares of Stark Industries. Future dividends and the growth rate of Stark Industries will bring him tens of billions of dollars in income.
At this moment, in Stark Industries.
Obadiah Stane is enraged. "Find me, who destroyed my plan."
During this period of time, Stark Industries continued to decline, and he did not make little effort behind the scenes. The propaganda on the news made the news fermentation of Stark Industries expand infinitely. He is well aware that Stark Industries has more than 30 billion USD in cash lying in overseas accounts. Even a lot of secret funds and assets cannot be experienced on the books.
"Ethan Long, a Chinese American, Mr. Stane, do you want our people to do something to him?"
Obadiah Stane calms down: "Just holding 1% of the shares has no effect on me for the time being. I have become the first shareholder of Stark Industries, and other institutional shareholders who hold Stark Industries have already attracted enough to be removed at the shareholders meeting. Tony."
Obadiah Stane knew that the most important thing for him to do now was to get Tony's mecha technology. The Arc Reactor he could take away from Tony. But Tony's armor won't work because it's the J.A.R.V.I.S artificial intelligence that controls Tony's armor.
"Continue to buy from the market, we still have a part of the funds in our hands, and today we will try our best to buy Stark shares as much as possible."
Stane knew that he had spent too much money this time. Moreover, according to the agreement, the Wall Street institutions will enter the market tomorrow, and there is not much time left for him. After tomorrow, his increased holdings will be reflected in the stock market. The drop in the stock price in the market has done him no good. Now that the stock price has risen, it can stabilize the morale of the army and strengthen his prestige within Stark Industries.
Otherwise, with Tony's prestige in Stark Industries, it would be difficult for him to shake his position. And the first thing he did to drive Tony away was to continue to open the weapons manufacturing department. When the arc reactor and the mecha are born, the entire United States will applaud him. And the stock price in his hands will double. Make a fortune.
This little mouse asked him to earn more, and when he got the mecha technology, he was captured and his money and stocks were taken away.
Ethan Long didn't know that he was being targeted by Obadiah Stane. But even if he knew it, he would not pay attention to the other party. He has completed the layout. But in order not to be liquidated, once Stark Industries continues to fall, he will break the news to the news media. Arc reactor technology. Miniaturized mass production of cold fusion energy. When this news gets out, it will definitely cause a sensation all over the world.
"Obadiah Stane wants to keep stealing chickens, that's not okay."