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Chapter 239 Who is for and who is against now?

“A magical year, we witnessed history together with the stock god.”

October 27th.

Friday.

As expected by WSB retail investors, the US stock market, due to the S&P 500 index’s intraday drop of more than 7%, once again set off the circuit breaker mechanism and suspended trading for 15 minutes.

This is the fourth blowout in the history of US stocks.

The last time was two days ago.

The last time it was four days ago.

Within this week, U.S. stocks triggered three circuit breakers, and they fell sharply across the board. The three major stocks plunged simultaneously to trigger circuit breakers.

In the WSB forum, retail investors also made jokes.

October 22nd, Buffett: I lived to be 89 years old, and I only saw a US stock circuit breaker once.

October 23, Buffett: I lived to be 89 years old, and I only saw two US stocks circuit breakers.

October 25th, Buffett: I lived to be 89 years old and only saw three US stocks circuit breakers.

October 27th, Buffett: I lived to be 89 years old. I have only seen four US stock circuit breakers. I am still too young…

Some people in the forum can’t help but joked:

“Buffett said that he had seen four circuit breakers in his life, and I met three times in a week. It seems that I am better than this stock god, but Buffett is just a false god after all.”

“There is one and only one true stock god.”

“That is……”

“Boom God!!!”

In the laughter, everyone predicted the trend of the US stock market on the 30th.

“According to the plot, don’t have to guess, the 30th plunged again.”

“Fast forward, fast forward, fast forward!”

“take off!!!”

In the disappointment of stock investors, brokerage firms and institutions have begun to rack their brains to stop losses and think about how to reduce the number of circuit breakers, and they quickly reached an agreement.

Reap retail investors! ! !

A snare aimed at retail investors is being woven in full swing.

Boeing Building.

Seeing Boeing’s share price has fallen below one hundred and five, David’s face was green.

What made him feel more angry is that Singh did nothing.

That’s right.

Just doing nothing.

In this week, Singh only posted a few briefings, organized a few insignificant meetings, had nothing to do all day, had no sense of crisis, and let the stock plummet.

He is completely angry!

He directly convened a formal shareholder meeting.

Singh should be kicked out.

Another CEO.

The time for the general meeting of shareholders is getting closer.

Sitting in the meeting room, Singh looked relaxed.

Today is different.

He is no longer the Singh he used to be.

He is now the third shareholder of Boeing and holds nearly 10% of Boeing’s voting rights.

He has the power to decide his own destiny.

Seeing Singer’s calm and composed look, David’s eyes were cold, and he was completely disappointed in Singer.

This person has given up on himself.

David sat in the main seat, acting as an organizer.

Wait until everyone else arrives.

David said in a deep voice:

“This week has been an extremely miserable week for Boeing.”

“The stock price has plummeted, negative news continues, and some institutions with ulterior motives are secretly calculating.”

“Our stock price has fallen again and again.”

“but……”

“It shouldn’t be this way.”

“It’s all because of the inaction of the current CEO Singh!”

“Now that the market is falling, we need to be responsible to shareholders, to shareholders, and even more to ourselves.”

“I suggest.”

“Replace Boeing CEO.”

“Voting, more than two-thirds, it means that the vote is passed.”

“Everyone can raise their hands now.”

David didn’t say too much, and simply and concisely pushed all the responsibility on Singer, and simply and clearly stated that he was going to make Singer a scapegoat and kicked him out of the management.

This set.

He is very familiar with it.

The previous CEOs of Boeing have basically used this trick to get out, and they have tried repeatedly.

after all……

With the stock market downturn, Boeing needs someone to take the pot.

Now Boeing’s stock price has fallen by more than two hundred. Such a big drop is unconvincing for ordinary people. They must stabilize the stockholders.

Singh is the best choice.

David is very confident.

This time, other shareholders will definitely follow.

They are equally angry.

As a major shareholder of Boeing, David is very prestigious in the company. As soon as his words fell, many small and medium shareholders raised their hands to follow him.

They had long been dissatisfied with Singh.

Nothing was done this week, leaving the situation to rot, and the stock price plummeted.

His sin is unforgivable.

Singh sat firmly in his position and glanced at the people who raised their hands with disdain.

He is confident.

This week, he did allow the stock price to plummet, because he has more important things to do.

He needs to win other shareholders.

After these days of unremitting efforts, he has indeed won many people.

This time.

He wants to surprise everyone.

soon.

The count of votes is complete.

Vote counting is calculated based on the total number of votes present and can be voted on behalf of.

Just as David was about to report the result of the vote, Singh stood up.

He was arrogant.

Proudly said:

“Director Dai, are you in a hurry?”

“I haven’t expressed my opinion yet?”

“Singh, I don’t agree to the removal.”

“I am very satisfied with my work during this period.”

“Moreover, this incident has nothing to do with me at all. It was all caused by you before. Why should I be in the wrong?”

“in addition.”

“Director Dai, it’s impossible not to understand something.”

“A few days ago, I Singh bought all of Chen Anhe’s stock at a high price.”

“Yes.”

“It’s all stocks.”

“In other words, I Singer is now the third largest shareholder of the Boeing Group.”

“I own 10% of the company’s voting rights!”

“I am against recall.”

“Who is for and who is against now?”

“Those who agree with me can raise their hands and ask Director Dai to count again to see if our votes can reach 13 of the total votes.”

He had calculated it to himself in front.

Even if all the members are present, the votes he pulls now are more than 34%.

It must be impossible for him to be cast this time.

He is very confident.

Seeing someone raising their hands one after another, David’s face was completely gloomy.

It’s not clear where he is.

Singh came prepared, he had expected this step a long time ago.

Plan ahead.

David didn’t count the votes anymore. He knew that Singh dared to contradict himself now, he must have won enough votes long ago, and this time he could not be voted out.

David grunted and left the table angrily.

Singer was indifferent to David’s departure.

At the beginning, he loved and ignored him, but now he doesn’t need to look at other people’s faces anymore.

He looked excited.

Because this feeling is so cool.

after.

He can walk sideways at Boeing.

With this vote of shareholder support, David couldn’t kick him at all.

His position is solid.

even……

Singh glanced at the shareholders present, especially those who hold positions in the company, and he began to secretly figure out how to kick these people away, and then promote the people he likes.

He wants to increase his voice in the company.

He wants to become a real power CEO!

The news of this voting quickly spread across the Internet.

There was a buzz on the Internet.

Boeing’s stock price continues to fall, approaching the 100 mark!