Chapter 368 Meltdown Reappears

The Secretary of the Treasury of Meiliguo jumped up and cursed. After all the hard work to clean up the mess, the NASDAQ began to move sideways.

How good it would have been if it ended like this, they didn't expect Little Clinton to pull off such a stunt.

It seems Little Clinton felt wronged at home, saw the wild flowers, and went for them regardless of the thorns.

What's more, he handed over his own belongings to the other party, truly a creature driven by lust.

Now they were afraid that this incident would affect Meiliguo's stock market. Damn it, why was their fate so bitter?

Now, the Secretary of the Treasury could only hope that everyone would treat it as a joke and not attract the attention of short-sellers.

That's how things go, whatever you fear the most, that's what will happen.

The next day, the casino opened on time.

The market opened flat, and the Secretary of the Treasury breathed a sigh of relief, thinking he had just been unnecessarily worried.

At this time, an internet listed company was blocked at its entrance by investors.

"We are shareholders, we want to go in and see the company's situation. We have the right to know about the company's development."

A security guard at the entrance was stunned. What was going on?

He wanted to call for help, but unfortunately, he discovered a fact.

That is, at present, only he was in this company, and the boss never came.

Counting everyone in the entire company, there were only three people in total: a boss, a secretary who also served as a driver, and a security guard who also acted as a thug.

The security guard tried to block the crowd outside, but a good man can't fend off many people, and was squeezed in by the shareholders.

"Big Brother Security, we are really shareholders. We want to see how our company is doing. I've invested a lot of money in this."

"Exactly, didn't the internet say our company is a big company? And it has decent employee facilities. I'll go to the employee gym later to work out."

Hearing the many investors' words, the security guard's face turned green.

As one of the only three employees of this company, he knew too well what was going on inside.

This company only had a domain name on the internet, and nothing else.

Seeing the security guard's expression change, the shareholders rushed in.

Good heavens, what kind of listed company is this? Damn it, my family's warehouse is better than this place.

"Isn't this your company? Where are the people in the company?"

"Call the police, I want to call the police! Is this fraud?"

"I've contacted the reporters, we must get this company to give us an explanation."

"Brother, the stock market has opened now. Never mind anything else, let's sell the stocks in hand first. Do you really plan to be a shareholder in this broken warehouse?"

The shareholders suddenly realized it made sense. It was better to save oneself than others.

It seemed this company was unreliable, so they decided to sell their stocks first.

"Hey, I discovered something. I bought relatively early, and the stock price hadn't risen so ridiculously back then. Now, I've even made quite a profit by selling."

"Thank you, Internet Company, for giving me a chance to feast."

Opportunities always favor the prepared. The investors quickly discovered something.

There was a continuous stream of sell orders appearing for an internet listed company. In just a short while, it had dropped by twenty percent.

What was going on? The many investors were dumbfounded.

The situation from the past two days was still vivid. That feeling of a stock market crash was really unpleasant.

The most important thing was the money in their accounts.

After the two previous stock market crashes, the money in their accounts had shrunk by more than twenty percent.

If it happened again today, many people would probably be queuing up for the rooftop.

The wind is so strong here, my heart is so cold.

An informed source briefly explained the situation: several shareholders of a high-tech company wanted to visit the company to see it in person, after all, the stock had made a lot of money.

They were preparing for on-site inspection and to increase their investment.

Who would have thought, they didn't know until they looked, and when they did, they were shocked. The company was simply a dilapidated warehouse with nothing inside.

There was only one security guard. According to the security guard, there were only three people in the company in total: one boss, one secretary, and one security guard.

Everyone was shocked. What kind of operation was this? A company with three people could be listed and even successfully raised funds, and its performance seemed quite good.

It was truly a case of a small knife cutting the King of Hell, truly eye-opening.

What on earth was this? If it wasn't for a sudden whim to come and take a look, they would never have known this was a shell company.

"I'm dizzy, it seems we can't trust internet high-tech companies anymore. Sell all the stocks in hand."

"Brother, is there any other choice but to sell?"

"Decide for yourself. The company that just blew up, its stock price has fallen below one dollar. Now there are only sell orders, no buy orders."

"Never mind anything else, let's follow Big Brother's advice and cut our losses to stay safe."

Countless sell orders were placed, and the NASDAQ immediately performed a spectacular dive. The traders in the investment banks hadn't even reacted.

The stock price plummeted by ten points, repeating the performance of the previous two days.

Everyone's faces turned green. Good heavens, what should we do?

"Open the subscription for Wang Yi, and let the new stock Wang Yi go public first. Their company's finances are quite healthy, and it's a leading enterprise in Huaxia."

"Really? Arrange for Wang Yi to go public immediately."

Countless investors saw the new stock Wang Yi. The issuance price was fifteen dollars per share, which was not a high price.

Compared to Wang Yi's status and user base in Huaxia, Goldman Sachs, as Wang Yi's guarantor, directly endorsed Wang Yi. This was a giant of Huaxia's portal websites.

They already had a mature profit model, and now they were opening up new industries, which were expected to bring in revenue next year.

"Brother, this company is not bad, should we buy some?"

"Forget it, internet companies are all scams now, this one might not be good either."

"We can't invest in internet stocks now, they blow up every day, it's unbearable."

People have a herd mentality. To reduce their losses, the traders saw that others were selling.

Now, they weren't slowly unloading their shares anymore, but were directly dumping them downwards.

This dump led to the complete disappearance of buy orders.

One second they bought stocks, and a minute later, they had fallen by seven percent. Was this the speed of losing money like lightning?

They had never lost money so quickly. Circuit breakers reappeared.

Investors let out a wail, "This is too difficult, the third stock market crash is here again..."

"What should we do? We can't survive."

"Damn it, I'm so happy to see you all losing money. Is it wrong for me to laugh? Hahaha, I can't help it."

Wang Yi's listing day encountered a Waterloo, its stock price quickly fell below the issuance price, effectively being halved.

The investors who invested in Wang Yi deeply regretted it when they heard the news.

"What happened? How did Wang Yi's listing day encounter a stock market crash, and its price immediately broke below the issuance price?"

"Alas, I thought I would become a billionaire, but I ended up becoming only a ten-millionaire. The psychological gap is huge."

"Alright, stop being greedy for more after getting what you want. We invested millions, and now it's become tens of millions. This means a tenfold increase in two years. Where can you find such speed?"

"You're right, it makes sense. I was overthinking it."

"Now, the only thing I'm worried about is, with the stock market crash in Meiliguo, how long will Wang Yi's stock price continue to fall? Will it delist?"

"That won't happen, right?"

"Meiliguo has stock price regulations. If it continuously falls below one dollar for twenty trading days, it will be delisted."

"Mr. Ding, you must find a way. I know you can handle it. Wang Yi cannot be delisted. This is a giant of Huaxia's internet industry. If it delists, it will be a laughingstock to others."

"Yes, this kind of thing must never happen. We will all work together then."