291: Crush short-selling firms Muddy Waters and Citron Research!

Wang Lin wasn't actually too worried about Juntu Automobile landing safely.

This matter was no longer just about him; everyone in Zheng County was waiting for this rice to cook the meal.

If anyone dared to ruin this, they absolutely wouldn't be able to withstand the terrifying wrath from Yu Province.

Therefore, Wang Lin only needed to worry about the US Stock Market now.

Come to think of it, Wang Lin should actually be grateful for the plunge in the A-share market; it gave him a once-in-a-lifetime opportunity to buy the dip.

At this stage, the US Stock Market was roughly linked with the A-share market.

The collapse here had dragged the other side down with it.

Otherwise, it would have been quite difficult to buy the dip in the US Stock Market.

There was still some time before the US Stock Market opened that evening.

Some significant events had occurred in the market today.

Of course, for Wang Lin, it had no impact.

It was actually still about the Xu Xiang affair; the "Village Chief" had now begun to intentionally make an example out of Xu Xiang.

During the A-share market crash, not only did he not protect the market, but he also maliciously engaged in short-selling to profit from a national disaster.

This behavior had infuriated the "Village Chief" immensely.

That was why the subsequent consequence of Xu Xiang being arrested in public occurred.

Of course, this wasn't the end.

Over the last two days, the relevant authorities had joined forces with the government offices to arrest everyone else who had taken advantage of the chaos to short the market.

The meaning of these events was very clear: whoever shorted the market would be arrested.

Wang Lin quite liked this approach; shorting the A-share market was just bullying Retail Investors who couldn't short, wasn't it?

If they had the ability, they should go short the US Stock Market.

For Wang Lin, this was just a minor interlude.

After watching the excitement for a while and playing some games, the time eventually arrived at evening.

Before the US Stock Market opened, Wang Lin discovered a counterattack from the bears in the US Stock Market.

As expected, they wouldn't just sit there and wait for death.

"Netflix's cash flow has broken, and original content has become a bottomless pit for burning money!"

"Over 50% of NVIDIA's revenue depends on China; the A-share market plunge has caused its orders to be slashed at the ankles!!"

"NVIDIA's patent licensing is set to expire in 2017, at which point 300 million USD in profits will evaporate!"

The short-selling articles on the market were basically centered around these few points.

Looking at the short-selling articles that had just been compiled, Wang Lin smiled helplessly: "It's really interesting, is short-selling only going to target Goldman Sachs' erroneous remarks?"

"It seems they don't have anything particularly good to use for short-selling!!"

"To think they are even bringing up patent expiration."

What Wang Lin hadn't expected was that, besides NVIDIA, even Netflix had been targeted by them for short-selling.

He laughed even more at this: "For a company like Netflix, isn't it normal to have losses? But what they don't know is that Netflix's global user count has seen a quarter-on-quarter growth of as high as 13%!"

"I hadn't paid attention to this stock originally, but since you bears have reminded me, I might as well put buying this stock on my agenda!!"

This time, the main short-selling Institutions were Muddy Waters and Citron, both professional short-selling Institutions in the US Stock Market.

At the same time, there were some other hedge funds short-selling alongside them.

This news made Wang Lin feel somewhat excited.

Since the battle with Goldman Sachs last time, Wang Lin hadn't experienced a decent fight in a long time.

This time, buying the dip on NVIDIA in the US Stock Market had allowed Wang Lin to encounter another battle.

As expected, one must deal with big stocks more often.

That is what makes it interesting!!