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Chapter 4 - Chapter 4: History of Shorting with 20X Leverage: Stark Industries

Interactive Brokers (abbreviated as IB).

The world's largest online securities trading platform.

Ethan Long is considered a major customer of IB.

He has had a securities account for one year and trades frequently.

But his principal did not lose money.

If he makes a small profit, he uses it to pay the transaction fee for Interactive Brokers.

The handling fee per share is only 0.005 USD, which is quite reasonable.

Ethan Long contacted his account manager.

He obtained maximum leverage financing of 20 times.

Stark Industries

Stock Price: 12 USD/share

Increase: +12%

Market Cap: 120 billion USD

Number of Shares: 10 billion shares

Before the market opened today, the stock price had fallen to 10 USD.

You know, before Tony Stark went to the Middle East, the stock price was 15 USD.

Before Tony Stark disappeared, the market value reached 150 billion USD.

During the more than two months of his disappearance, Stark Industries has been in decline.

According to Ethan Long's experience, during this time, someone has been buying shares of Stark Industries.

After all, with the current assets of Stark Industries, even if Tony Stark were lost, the company's net assets would be over 100 billion USD.

Hearing that Tony Stark was rescued, the stock price of Stark Industries saw a sharp rise on the last trading day of this week.

"It's time to start."

"The most valuable thing in Stark Industries is its weapons division."

Ethan Long wanted to short-sell Stark Industries before Tony Stark announced the closure of the weapons manufacturing department.

Biology and chemistry belong to Osborn Group.

Weapons belong to Stark Industries.

These are two of the most prominent companies in the United States.

Especially Stark Industries, which recently invested in the clean energy field, saw a rise of over 20%.

But Ethan Long knew that this was a strategy by Stark Industries to boost stock prices.

They don't really focus on the energy sector.

In the future, Stark Industries will truly abandon the weapons department and enter the fields of clean energy, artificial intelligence, and intelligent robotics. Stark Industries is simply a giant in industry and energy.

Ethan Long transferred 44 million USD to IB and borrowed 73.4 million shares after financing with 20 times leverage.

Ethan Long sold all the shares of Stark Industries.

He obtained funds of 880.8 million USD.

Of course, if the stock rises by five points, the brokerage firm will transfer all the funds in his account, and his 44 million USD deposit will also be taken by the brokerage firm.

But Ethan Long knew that Tony Stark, who had returned to the United States, would attend a press conference and announce the permanent closure of the weapons department.

"The return of Tony Stark is good news for all investors."

"This is also the reason why I was able to short Stark Industries through IB and quick financing."

"They want to eat my security deposit, and I want their life."

Stark Industries Press Conference.

Tony Stark walked up to the press conference table with a tired face.

Looking at the crowd of journalists.

He sat on the steps, looking at the journalists standing tall.

Holding a cheeseburger in one hand:

"Hey, sit down, can everyone sit down so I can see you and you can see me."

Tony Stark ate his hamburger and chatted with Obadiah Stane, who also sat down.

As Tony Stark spoke, Obadiah Stane's complexion became more and more concerned.

"...I have decided to close Stark Industries' arms manufacturing, effective immediately until a new direction is found..."

Following Tony Stark's announcement, the audience erupted in an uproar.

Reporters kept asking questions.

But Tony Stark stepped off the news platform and left the press conference under the protection of bodyguards.

...

Ethan Long smiled as he ate with his head down while checking his phone.

"It's finally started."

"At least a 40% drop, or even higher."

But Ethan Long's goal is to earn 500 million.

Today is the weekend, and tomorrow is Monday.

Once the market opens, Stark Industries will see a sharp drop.

A 40% drop is expected in the first round.

The more the stock price of Stark Industries will evaporate with the news.

There was a knock on the apartment door.

Ethan Long put down his chopsticks, stood up, and opened the door.

"Hey, Miss Jones."

Ethan Long greeted her.

"Aren't you going to invite me in?"

"Please come in."

Ethan Long closed the door after Jessica Jones entered the house.

"I found some clues."

Jessica Jones handed him a photo.

Ethan Long took the photo.

Holding the photo, Ethan Long saw two men dressed in hip-hop style with guns in their waists, looking fierce, handing a pack of pills to a Chinese man.

"Triad, Mrs. Gao's men."

Ethan Long squinted his eyes; his pupils were ice blue and cold.

Mrs. Gao is the head of the Triad Society in New York and a member of the New York Underworld League.

"Mrs. Gao's drug manufacturing factory has always been in Hell's Kitchen, but it's very difficult to find the den. The anti-drug team took pictures of the murderers who killed your parents. They were originally drug addicts, controlled by drug dealers, and now they work for Mrs. Gao."

Jessica Jones said in a low voice.

She is not afraid of trouble but doesn't want to cause more.

The forces in Hell's Kitchen are very complicated, and Mrs. Gao is one of the most powerful.

Ethan Long walked into the room silently, took out a thick envelope, and handed it to Jessica Jones:

"Miss Jones, this is your reward. I have prepared it for you for a long time."

Jessica Jones stared at Ethan Long, with her deep, smoky eyes.

"This is what you deserve."

Ethan Long's tone was serious.

Jessica Jones: "What are you going to do with them?"

Mrs. Gao appeared in Ethan Long's mind.

Daredevil was once slapped by Mrs. Gao, and he vomited blood.

It should be related to the place where Iron Fist went, Kunlun!

"I'm just a student, so I can't seek revenge myself, but I have prepared a sum of money."

Ethan Long's handsome face flickered under the dim light.

Jessica Jones took the envelope; she didn't want to take Ethan Long's task.

She knew what Ethan Long meant by preparing a sum of money.

But to her, Ethan Long is just a teenager, and she feels bad about taking his money.

However, today the landlord came to demand rent.

If she doesn't pay, she will be evicted.

"If you can, please move out of Hell's Kitchen as soon as possible. The current Hell's Kitchen is very messy, and something big is about to happen."

Jessica Jones walked out the door.

"Jessica, you are right, I am moving."

Ethan Long thought about it. First, the money in his hand was planned not to be wasted at will, and secondly, he didn't want to be sent to other people's homes by welfare agencies.

That's why he came to Hell's Kitchen. When he went to school, he found a family from his home country, gave them a sum of money, and went through some procedures to escape from the welfare agency.

Now he is eighteen years old.

An adult.

He is no longer afraid of being investigated by welfare agencies.

He can do anything by himself.

What's more, after finding the murderers of his parents and completing the tasks of the system, he no longer needs to stay in Hell's Kitchen.

Jessica Jones shuddered and turned around, holding a thick envelope.

"Miss Jones, this is the reward you deserve. In the past two years, the novels I wrote have been published, and I have made a lot of money."

Ethan Long spoke with sincerity.

He did not tell Jones what novels he had published.

But he said this because he worried that Jessica Jones would feel guilty about taking the money.

Ethan Long came to Hell's Kitchen and rented this apartment with a purpose.

On the second day after he rented the apartment, he found Jessica Jones and entrusted her to investigate the murderers of his parents.

Knowing that he was underage and both of his parents had died, she took special care of him during the two years he lived in the apartment.

It can be said that he was able to live safely in Hell's Kitchen for two years, all under the protection of Jessica Jones.

Jessica Jones felt a lot of disappointment in her heart but was also happy for Ethan Long.

"Congratulations, have you found a new apartment? When will you move? Let me know, and I'll come and help you."

Ethan Long smiled:

"I don't have a lot of stuff. I'm moving out of Hell's Kitchen tomorrow night after school. I've found a new apartment. It's on Parker Lowe."

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