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Chapter 478 - 478 466 The Crazy Lu Jiaxin
Chapter 478 - 478 466 The Crazy Lu Jiaxin
?Chapter 478: Chapter 466: The Crazy Lu Jiaxin Chapter 478: Chapter 466: The Crazy Lu Jiaxin Lu Jiaxin skipped a year and began her senior year of college, because she had previewed all her earlier courses, so she adapted quickly. However, with the stock market crash just over a month away, she was very preoccupied with it.
On Sunday, Lu Jiaxin called Mo Libin, instructing him to sell off all the stocks under her name within a week, and to unwind the positions on the Nikkei Index when they came due.
American stocks had also skyrocketed. The one that Lu Jiaxin bought had increased by more than fivefold, and the one that increased the least had also more than doubled. Such a surge made Mo Libin feel uneasy, but he had been patiently waiting because Lu Jiaxin said that it wasn’t time yet. Now that he received the call, he felt completely relieved.
Nie Zhan came over in the evening, and Lu Jiaxin discussed the matter with him, also going over her plan: “I think the stock market is reaching its peak now. Ah Zhan, I want to short the Dow Jones Index.”
Nie Zhan was horrified: “What are you talking about?”
“The stock market in Hong Kong is overheated now, but America’s market is even more so compared to Hong Kong’s. I’ve already called Mo Libin to clear all the stocks within a week; the Nikkei Index positions that expire later this month will also be completely unwound.”
Nie Zhan couldn’t help but press his temples; this wasn’t investing, it was pure gambling: “Jiaxin, use half of your funds to short, and leave the rest in the account.”
He also felt that the stock market had risen to a peak. But no one knew on which day the snowflake would fall. What if it happened two or three months later? That would lead to a margin call, and a total loss. Even though he was wealthy now, the thought of losing over two billion made him shudder.
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