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Chapter 207 Citron Retreats! (Seeking subscription, seeking monthly pass)

Tuesday.

With much anticipation, the U.S. stock market opened.

GME’s stock price soared directly to $187.

It has doubled from yesterday.

Seeing this stock price, the founders such as the Citron Fund were frightened. According to this method of increase, let alone they invest 3 billion, or 30 billion, I am afraid they can’t stop it.

These retail investors are crazy! ! !

There are even rumors that the Citron Fund will formally file for bankruptcy next week and will liquidate all its assets in a few hours.

Although this rumor is groundless.

But many people believed it.

Because if GME’s stock price continues to soar, Citron may only face the risk of liquidation, and the scale of its assets under management exceeds 10 billion US dollars. Once liquidation occurs, it will inevitably trigger turmoil in the entire US stock market.

The consequences could be disastrous.

WSB’s retail investors are full of fighting spirit, and even publicly clamoring that if the GME opening price exceeds two hundred dollars tomorrow, then the Citron Fund will be forced to liquidate all long positions, which will also lead to direct bankruptcy of Citron.

Citron is just the first!

It can never be the last one!

On one side are 2 million retail investors grouped together, on the other side are large funds such as Citron Fund, Citadel and Point72. This is the peak battle of the beautiful country’s stock market.

This battle seems to be endless.

The consequences are unimaginable, and it is even possible to bring US stocks into the abyss.

All storms are focused on GME, the eye of the storm.

Unlike major funds that are silent, retail investors are excited.

Especially on the weekend they were severely choked by Andrew, the founder of the Citron Fund. At this time, they also went directly to his tweet to leave a comment, mocking, ridiculing, and provoking.

“Keep on screaming?”

“Didn’t you say you want to cut our leeks? You continue to buy, and you hurry up and press down the stock price!”

“You are the real loser!”

“This time you and your shit fund will be swept into the garbage dump of history together.”

“You damn clown!”

“This time, you will be ruined!”

“Buying, comeon!”

“…”

Because the account was attacked by too many people, the Citron Fund was finally outnumbered and unbearable. In the end, it reluctantly admitted and took the initiative to cancel its official account.

Then a new one was opened.

Only one tweet was posted.

‘FamilyFirst! Family first! ’

Citron’s official account said that he would no longer express any views and opinions on GME, because of the “family first”.

The comment section was also closed directly.

Andrew, the founder of the Citron Fund, tweeted.

He accused the retail investors of acting as atrocity.

And claimed to fight against these evil forces to the end.

at the same time.

He said in the statement that he will not make any further comments in the future.

The reason is not because he does not believe in his investment theory, nor is it because of the attacks of these retail investors, but simply because he does not want to reason with a group of lunatics, and these people are still unreasonable thugs.

He claimed.

These thugs who own GME stocks have committed multiple crimes in the past week, and he has handed these crimes over to government agencies such as the FBI and the SEC.

What these thugs need to accept is legal sanctions!

After posting this tweet, Andrew also closed the comment area.

The two tweets from Citron Fund and Andrew were undoubtedly regarded as signs of retreat, which made retail investors more motivated.

the other side.

Manhattan building.

Luca looked at the Citron Fund, which was holding the free card, and then looked at some of the information he had found, with a strange color in his eyes.

He opened his mouth and said:

“Mr. Chen, the Citron Fund has withdrawn.”

“They just put out 3 billion in one go, and regained the stocks that were originally sold from the stock market, and they didn’t sell them anymore. I’m afraid they want to’stop the loss’.”

Chen Anhe Weiwei forehead.

Indifferently:

“Although this Andrew is very arrogant on the Internet, he is still very cautious and shrewd in doing things.”

“He should have noticed that something can’t be done, so he took the stock back in time. Otherwise, when the stock price rises later and the option expires, he may not have enough money to fill it in.”

“but.”

“Citron is not important now.”

“Ta is just an appetizer.”

Luca nodded approvingly.

He has just found out that in the confrontation between retail investors and short-term institutions, Citadel, Point72, and hedge fund Melvin Capital are the real big players.

These hedge funds are the real top predators!

Compared with these predators, the Citron Fund is really not worth mentioning.

Luca’s heart moved.

Smirked:

“Mr. Chen, Citron’s stock repurchase is very concealed this time. Do you want me to stab this out?”

“after all……”

“Citron has always been tough to the outside world.”

“Once what he did this time is exposed, I am afraid everyone will be shocked, and Citron will become a target of public criticism.”

“I don’t think we can let Citron leave easily.”

Chen Anhe glanced at Luca.

Chuckles:

“It’s up to you.”

“But aren’t you afraid to offend the Citron Fund?”

“What’s the fear of this, they can’t find out what’s in my head.” Luca was very confident.

Chen Anhe has no opinion.

Luca smiled and sent out the information she found.

the other side.

Andrew of the Citron Fund is yelling in the office.

It is the first time since he founded Citron that he has been so aggrieved. He has shorted more than 150 times over the years without fail, but this time he was planted on GME and planted in the hands of these retail investors.

This is a shame for him!

Although he was very aggrieved, he was still not dazzled by anger. Taking advantage of the stocks not continuing to skyrocket, he hurriedly collected the stock price at a high price.

He must stop the loss!

If you don’t stop the loss, the citron will really be over.

It’s just that he went in and out, and he lost billions directly.

This is his hard work for more than ten years!

It’s all paid in.

His heart is bleeding!

Andrew sullen his face and asked the secretary on the side:

“Have the stocks been bought back?”

“I bought it all back.” The secretary nodded, then hesitated: “General Manager An, don’t we really notify other organizations here? If they know that we have withdrawn, I’m afraid…”

Andrew snorted.

Displeased:

“Notify? Why notify?”

“My citron has already lost billions, isn’t it enough?”

“Do you still want me to accompany them to die? The current situation is no longer something we can participate in.”

“Continue to follow. Even if the retail investors fail later, those top funds will take all of it. Ordinary institutions like ours simply won’t survive that day.”

“I can come with a scapegoat, but they still go to die!”

“This time we repurchased stocks in a very concealed manner. They should not be able to find out. When they know later, the whole situation will no longer be known.”

“Who would care about Citron back then?”

He is confident in his operation.

Just when Andrew was full of confidence, the general manager of the Citron Fund suddenly ran over, his face full of panic and anxiety. He anxiously said: “General Manager An, the big business is not good.”

“The matter of our stock repurchase was exploded by the media!”