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Chapter 231 Calculate Singh! (Seeking subscription, seeking monthly pass)

boom!

There are no signs, no signs.

Melvin Capital surrendered!

Plotkin directly announced on social media that he would temporarily withdraw from U.S. stocks. Next, he will mobilize funds to repurchase the stocks and sell all Boeing stocks in his hands.

This time will be far away from the stock market.

Once this news came out, the whole network was in an uproar.

Melvin Capital is different from other companies. This is a top fund with a great reputation in the beautiful country, and the funds under his management are as high as tens of billions.

With its exit, the US stock market plummeted under the chain reaction.

and.

Plotkin said very clearly.

Melvin will fully withdraw its shares and will no longer continue to hold Boeing stock.

His statement is very firm.

This makes people have to think more, is there really something wrong with Boeing’s operations?

Otherwise, Melvin doesn’t need to quit in such a hurry.

The current Melvin Capital is completely different from the spirit of the previous period. After several waves of wars with retail investors, and deep into Boeing’s predicament, Melvin Capital has long been trapped inside and outside.

Melvin Capital should not withdraw so hastily.

Their retreat means that all of their previous efforts were in vain.

And also spend huge sums of money to buy back stocks, this time, Melvin’s vitality was badly hurt.

It won’t be able to recover for a long time.

For this news, retail investors are all cheering.

This is their victory.

More than half a month ago, who could have imagined that retail investors who had no organization or discipline on weekdays could assemble quickly under the call of a leading brother.

Like a little ant, they quickly formed a huge army, and successively overturned several hedge funds with tens of billions of funds? !

In October, there were only 2 million users on the WSB forum, but now it has more than 6 million.

It’s tripled!

This is an unprecedented victory for retail investors.

Half a month.

They have already destroyed two large funds.

One citron, one Melvin.

However, they have big goals and big ambitions. They want more. They have to catch the wind of shorting Boeing and pull these shorts directly from high positions.

Explode these damn shorts! ! !

With Melvin surrendering and surrendering, the retail investors surpassed the limelight.

These factors are also directly reflected in the stock market. Retail investors are buying stocks with blood. The stocks of their long companies have risen against the trend, while the stock prices of large companies such as Boeing have fallen accordingly.

The polarization is abnormally severe.

the other side.

Singh was putting on his suit, thinking about how to fool the media when he was about to go to the media hall, but he learned the bad news.

Singh only felt black before his eyes.

The whole person almost fainted with anger.

He now has thousands of horses in his heart, and if he is not about to face the media, he wants to swear directly.

What’s all this?

Originally, Boeing had continued negative news, but as a result, Melvin Capital fell into trouble. Singh was about to suffocate due to this series of heavy pressure.

He never felt so tired at that moment.

Tired is going to collapse.

Before entering the media hall, Singh took a wild breath, so that the cheeks were hunting.

He walked into the media hall.

As soon as he entered, a large number of media held up their microphones and walked towards him.

A basket of questions was thrown out directly.

“Mr. Singer, what do you think of Boeing’s current situation?”

“Do Boeing airplanes have structural problems?”

“Shouldn’t those sensors be carefully inspected or audited in advance?”

“Does Boeing have to kill hundreds of people every time to face its own problems?”

“Boeing has always claimed that’safety is the first priority’, but your planes have suffered one after another. Should your company give the public a reasonable explanation?”

“Mr. Singh, your company has always claimed that it is communicating with the families of the victims. Why is there a large-scale prosecution? Is there any inside story?”

“Mr. Singer, Melvin Capital has announced that it will give up Boeing stock. What impact will this have on Boeing’s future stock price? Is Boeing’s problem really so big?”

“Mr. Singh, China has shown a piece of data. We want to know if these data are real? Is there a real structural problem with Boeing’s aircraft?”

“If it really exists, what will Boeing do?”

“Take back the aircraft that have already been delivered? At the same time redesign and develop new Boeing 737max aircraft?”

“…”

The bombardment of questioning echoed in Singer’s ears, and Singer’s lips were dry and he didn’t know how to speak.

The security personnel nearby kept taking actions to stop the aggressive media reporters, and at the same time, they continued to persuade them in an attempt to calm these people down.

But the effect is very small.

Too many questions are squeezed in the hearts of the media, and they just want to get a positive answer.

a long time.

The surrounding voices quieted slightly.

Singh forced a smirk and said:

“Thank you all media reporters for coming.”

“I also thank you for your support and concern for Boeing.”

“For this sudden Boeing incident, we deeply apologize and regret. We have no intention of occupying a large amount of public resources.”

“There are many people in the society who are indiscriminately smearing and slandering our company. We express our strong condemnation and dissatisfaction with this. Our Legal Department is collecting relevant evidence and will prosecute them in the near future.”

“Truth cannot tolerate the slightest slander!”

“Now I will answer your questions.”

“Our company does have to take some responsibilities for improving the safety performance of the 737max, but the design of the passenger plane has no defects. In fact, these accidents were caused by the mitigation of the industrial chain.”

“The software designed by our company and the faulty sensor are just part of it.”

“And it’s the most insignificant part.”

“As we all know, we, Boeing, actually don’t produce anything.”

“We are only responsible for assembling the aircraft.”

“I express my deep concern and heavy concern about the two accidents that occurred in Prestige United Airlines and KLM, but these two accidents have nothing to do with Boeing.”

“For the problem of the aircraft engine, you should go to Hewlett-Packard.”

“I also ask you to state this clearly when reporting, and give us Boeing fairness.”

“Boeing doesn’t produce airplanes, it’s just an assembler of parts.”

“As for the data published by China, I am not a professional and cannot give you a detailed answer. We will have a dedicated technical staff to answer this question in a while.”

“But I can tell you for sure that Boeing’s aircraft has no structural problems!”

“There is no doubt about this!”

“In addition, the media reporters are very concerned about our communication and consultation with the families of the victims.”

“This time I was suddenly prosecuted on a large scale, and I am also deeply puzzled.”

“Boeing has always had the habit of maintaining active communication with customers. As for why such a problem occurred, perhaps our staff made a mistake in communicating with them, which caused a misunderstanding to the families of the victims.”

“I have ordered a thorough investigation, and I will give you an affirmative answer soon.”

“Our company has always been people-oriented!”

“As for Melvin Capital announced its withdrawal…”

“I personally understand.”

“But I am strongly dissatisfied with this behavior of Melvin Capital.”

“They are robbing!”

“I’m also here to say a few words to investors who trust Boeing.”

“Boeing’s industrial chain has always been very complete, and it has always been a profitable company. Boeing has always believed in the power of technology and has been committed to scientific research and development.”

“I hope everyone can give Boeing more confidence.”

“Boeing has suppliers all over the world. Germany produces seats, China produces wings, Kangaroo is responsible for flaps, and engines are provided by the more fuel-efficient General Motors.”

“There are hundreds of companies around the world that have relations with Boeing.”

“Many of them produce products that are indispensable on airplanes and have almost no commercial value elsewhere.”

“Although this incident happened suddenly and menacingly, Boeing can definitely handle it.”

“Boeing is never afraid of hardships.”

“However, in the near future, in order to save money and maintain good operations, our company may have to suspend stock repurchase, so the stock may drop slightly, but please rest assured that Boeing will soon be back on track.”

“Boeing can survive the 2008 financial crisis.”

“It’s definitely okay this time.”

“We are working with regulatory agencies to repair the automatic safety features of the 737max aircraft. When these functions are completed, the Boeing 737max will once again become the world’s ‘safest aircraft’.”

“The return to production is just around the corner!!!”

Singh explained hard.

However, his explanation was very pale, and none of them answered positively. They were either vague or talked to themselves. The reporter didn’t buy it at all. They all continued to ask questions, wanting to know the specific status quo of Boeing.

Singh chose to leave the scene in embarrassment amidst the reporters’ chasing questions.

The press conference lasted only fifteen minutes!

Walking in the aisle, Singh’s back was soaked.

He never thought that these reporters would ask such questions, and the questions would be so tricky.

He believed that he had prepared enough, but under the continuous bombardment of these reporters, he still couldn’t hold it up and had to flee.

He took a deep breath, ready to leave.

As he walked out of the venue, someone was protesting outside the venue.

These people held pictures of the victims and slogans such as ‘Boeing’s arrogant killing’ and ‘Sue Boeing and executives for manslaughter.’

Singh didn’t dare to look any more, lowered his head, and quickly got into the car.

When Singh fled, there was a burst of laughter from the Manhattan building, and it was obvious that they were all watching the press conference.

Naturally saw Singer this unbearable scene.

Only Luca’s eyes moved slightly.

He looked at the people who were holding the placard on the TV, then looked at Chen Anhe, thoughtfully, if he remembered correctly, these things were arranged by Chen Anhe.

Chen Anhe is calculating Singh!