#PI# #PI#

Dear friends, please patiently read this case and widely share it. It is very meaningful for us to regain confidence!!!
Grassroots Poor vs Wall Street Tycoon Financial Battle,
This is the most classic financial battlefield and a legendary battle I've ever seen, and it became famous in one go!
Share a story, please widely forward it to the Pi friends and family who see the post. This story is absolutely enlightening for Pi pioneers, showing everyone what they should do to achieve their own goals! The story is a bit long, so please be patient and read it all!!! 🙏🏻🙏🏻🙏🏻
He drank only five cents of beer, but invested all his possessions in a junk stock, but in just six months, his assets skyrocketed to 47 million, because the stock would become the battle of the century for leeks, retail investors, and unbeatable Wall Street funds. This is the famous stock squeeze during the epidemic. His name is Jill, he is a financial analyst at Universal Mutual Insurance, and he is also a YouTube anchor, one day he told Fa Novel that he bought stocks, and his friend advised him to sell the junk stocks quickly, after all, he still has a wife and children to raise, and Jill said that he not only bought stocks, but also used all his machines to invest in the game station, the friend thought Jill was joking, but when he took out his mobile phone to prove it, he knew that Jill was completely crazy, and the game station was the world's largest video game and entertainment software retail giant at that time, However, due to the impact of online shopping and game digitalization, the stock has fallen by 90% in the past three years, and Wall Street wants to take advantage of the crisis to make a windfall, including the famous Castle Securities and 72 hedge fund companies in the United States, the largest of which is Melvin Capital Hedge Fund, Melvin President was only 36 years old at the time, and he was already the most profitable hedge fund company on Wall Street. The stock price was smashed from $28 to $2 a share, and the store owner changed six people in two years, and they were ready to continue to short the game station, and they had already opened champagne at half time to celebrate the shorting victory in advance, so Jill's behavior of buying the game station stock was almost equivalent to throwing money directly into the water, but I didn't expect to wake up, the game station stock price instantly soared by 130%, this unprecedented surge, directly scared President Melvin to pee, he definitely couldn't think of the reason for the stock surge, It's actually because a little Internet celebrity Jill said that he likes this stock very much, Jill's wife is about to be fired by the company because of the impact of the epidemic, which makes Jill feel pressured, and at the same time, because of the small words, he has doubts about his choice, and his wife is very supportive of his behavior of buying game station stocks, he asked Jill to start a live broadcast, if he is not sure, let him see what the shareholders say, Jill returned to the study and turned on the computer, with his trademark red bandana, he has opened several live broadcasts to share his investment methods, Although the number of viewers was small, and the audience also made various mocking comments about Jill, Jill did not choose to avoid it, but chose to respond humorously, and then he began to seriously share his views and opinions on investing in GameStation, because Wall Street predators shorted GameStation, which caused the stock price of GameStation to usher in a trough. Now the stock price per share is only $3.85, Jill believes that Wall Street's predators have made a wrong judgment on the game station this time, and their behavior of shorting the game station has seriously underestimated the value of the game station, and the game station has been shorted by 140%, which means that as long as the retail investors buy more, the more the short will lose, even though most people now buy digital games online, but there are still 1/4 of the loyal customers who choose to buy physical discs at the game station, so this is Wall Street is deliberately playing tricks, As long as the retail investors work together to raise the stock price and resolutely do not sell, they can kill the short bosses of the capitalists and make a lot of money, but Wall Street has always felt that retail investors are just a rabble, a group of fools who will only look at the immediate interests, and will never firmly hold together, these ordinary people's money is called the best foolish money by them, so Melvin saw that after the retail investors entered the market, he excitedly added 600,000 shares to short investment, waiting for the stock price to fall, and these retail investors are the leeks he wants to harvest. But he never thought that his continued short-selling behavior was seen as a declaration of war on the game station, and the retail investors decided to unveil the uprising, this time not to make money, but to bring down the Wall Street bigwigs, netizens left messages on the Internet to cheer each other up, crazy to buy this stock, and called on everyone to participate in it, because they have nothing, if everyone fights back with hundreds of thousands, they can beat these Wall Street elites who don't treat them as people, this is not just as simple as investing in stocks to make money, It had become a kind of cool revolutionary struggle, and just like that, a stock butterfly effect began. The nurse who was in debt of 50,000 US dollars immediately invested half a month's salary after seeing Jill's call, because this is these cannibalistic capitalists, making his life so unbearable, Mark, who worked in the game station, lost his business because of the lack of literary capital, and the company was unable to pay his salary, and he also invested the last remaining more than 100 yuan in the game station, the female college student was in debt, but invested all his savings, because his father had worked diligently in the hypermarket, but was bought by the Wall Street fund, After all of them were sucked up and wiped clean, they declared bankruptcy, so she hated these capitalists, a spark can start a prairie fire, with everyone's efforts, the stock price of the game station soared all the way to ten dollars, and the United States in 2020 ushered in the most depressed Christmas in history, Jill reported the results live at home, and the game station increased 5 times from last summer, The stock has risen from $4 in July to $21.7 now, and it is rare to see that the investment theory can really be realized, and netizens are leaving messages in the live broadcast room, letting the game station fly to the moon, Jill has also been respected by all netizens, and the reason why these screen names can buy stocks with dozens of dollars is because of an APP called Robin Hood, he is a mobile phone application specializing in stock trading, as long as you register an account on it, you can buy and sell stocks, it is different from the traditional financial APP, there is no stock transaction fee, there is almost no threshold for the vast majority of users, as long as you search for the stock code, click on the screen, and then press to send, the order is completed。 Robin Hood's users once skyrocketed to 20 million, and the reason why he can make a profit for free is because they do stock order transfer, users use their software to trade, orders will be passed to the builder to help users place orders, each transaction will get a little rebate, although the money is very small, but it adds up to a lot, the huge order volume makes Robin Hood earn a lot of money, and Robin Hood cooperates with several promoters, but most of the business is suitable for Castle Securities cooperation, and it is precisely because of the business model of this software, Let Robin Hood be pinched by Wall Street, on January 19, 2021, the price of the game station stock rose to $43 a share, and when Wall Street bet that he would go out of business and the stock price would plummet, retail investors began to buy the stock wildly, which gave the Wall Street bigwigs a heavy blow, and the game station stock soared by 70% at one point, and after only one day, it rose to 90%, Jill posted that Wall Street was going to be shorted, and retail investors were going to turn over from the bottom and climb to the peak. Short squeeze is a kind of stock market organ, is the opposite of shorting, if the shorted stock has been rising, at this time, they need to buy back the stock from the high level, because these stocks are borrowed, they have to return within the specified time, so that they lose money, when the short seller buys back a large number of stocks to stop loss, this behavior itself will continue to push the stock up, other short sellers see this situation, they will also quickly buy the stock to stop loss, so the stock will continue to rise, this is called short squeeze. At this time, Jill has made 11 million, if he sells it at this time, he has made a lot of money, retail investors are also very hesitant, they are all looking at whether Jill will sell the stocks, there is a very extreme situation on the stock of the game station, Wall Street holds 140% of the short stocks, even if they can buy all the stocks, it is not enough to pay off the borrowed stocks, they have to buy it several times, so the stock price of the game station will rise indefinitely, and what is even more terrifying is that the people who hold a large number of stocks now are the stupid money in the eyes of Wall Street, These safe-haven fund guys, they don't know how to work hard every day, but they still have nothing, they have a golden soup spoon in their mouths, they were born at the top of the pyramid, they eat top steaks every day, go to high-end clubs, clubs, yacht parties, they hold good escorts every day, and when they are asked by escorts why they are so rich, they will say that because stupid money is too easy to earn, this post resonated with all retail investors, and the game station incident instantly became a class war, what about the little shrimp? As long as there are enough, the shrimp can still play the big whale, Jill called on everyone to resolutely bite to death and not sell, all this has nothing to do with money, but President Melvin did not notice at all, what a terrible scene he was going to face, that night he was still saying to his wife, the stock price will plummet next week, because these retail investors will definitely close when they see good, and the stock price will collapse, because there has never been a successful short squeeze in history, and the next day when I opened my eyes, the stock price skyrocketed by 103%, and 220% of the retail investors bought frantically and resolutely did not sell, The scene once exploded in major news and live broadcast rooms, and the game station, which was on the verge of death, instantly became the most actively traded company in the world, with the stock price rising almost 4% per minute, and by 581% in the evening, experts said that the game station short squeeze incident may collapse several companies, especially the hedging fund companies that are stupid enough to short. Jill's wife asked Jill: How much did we earn today? Jill said, 5 million. The wife asked again how much did you earn yesterday? Jill said 4 million. Jill's wife was incredulous and asked Jill in disbelief, have we really gotten rich? On the contrary, Melvin's wife asked Melvin, how much did we lose today? Melvin replied one billion, and his wife asked again, how much did you lose yesterday? It is also a billion, at this time, the news flash has spread the news that Melvin Capital is about to go bankrupt, in the face of the interview, he tried to adjust his mood, but just as he was about to start the live broadcast, he escaped and turned off the computer, because he was really finished, and he lost 6.8 billion in just a few days, but he had to continue to invest, because he stopped now, and even the food in his stomach had to be compensated, so he had to ask for help from the other two fund companies. Because all the capital thinks that the possibility of making poor people's money is zero, after getting the bailout, the stock price of the game station really fluctuated, and the money made up by 8 million shareholders is not as much as a word from others, at this time Jill has earned 23 million, and his family persuaded him to sell it quickly, but his wife fully supports Jill, because he knows how much effort Jill has put into this stock, and netizens are also waiting for Jill to update his post to see if he sells it, and Jill resolutely does not sell, and the stock price of Game Station still continues to soar, rose to nearly $350 per share, even the White House began to pay attention, the Treasury Secretary and experts began to intervene, seeing that the momentum of crazy shareholders is getting stronger and stronger, and the capitalists are beginning to can't afford to play, Wall Street finally stopped sitting still, and began to fight back against the leeks, they began to find a lot of business media, questioning that there was a driving force behind the stock surge, but this instantly made Jill a stock god, and the result was not good, they directly unplugged the network cable of retail investors, closed the forum posted by Jill, and prevented everyone from discussing with each other, and then, It also made Jill lose his job at Vantone Insurance, seeing that the child was still waiting to be fed, many retail investors could not see Jill's post, and they all sold their stocks, and that night, the Robin Hood APP that retail investors were using also had problems, and the National Securities Clearing Company required them to pay a deposit of 3 billion to settle all transactions, but the president of Robinhood said that they only raised 2 billion, if they did not pay enough margin, they could not trade in the securities market, and the plan to go public would also be in vain, and when the stock market opened the next day, Millions of retail investors opened the Robin Hood APP and found that the stock of the game station was only allowed to be sold, not allowed to be bought, which made the retail investors fall into panic instantly, it turned out that the president of Castle Securities Company found the president of Robin Hood, as long as he set the stock of the game station on the Robin Hood APP to only sell, unable to buy, he could reduce the margin to 700 million, Robin Hood had to agree, in the name of insufficient margin to suspend the purchase, after pulling out the network cable, the stock of the game station was panic selling, At this time, the media also hyped up through TV and the Internet, creating anxiety for retail investors, if they still insist on not selling at this time, it is very likely that they will lose all their money, close the post bar, control the bank, manipulate the media, restrict buying, and create anxiety, after this series of perfect combination punches, the psychological defense line of retail investors was breached, Robin Hood betrayed users, and helped capitalists short stocks was dissatisfied by everyone, someone manipulated behind the scenes, but Robin Hood could not make a reasonable explanation, Jill received a summons the next day, I would suspect that he was a liar who assisted the bears to donate money, and he fell to the bottom in an instant when he was regarded as a stock god by millions of stockholders, and at this time, his brother, who has always been not very careful, came to comfort him unusually, he kept scolding Jill for being a dead otaku, but Jill succeeded in scaring the rich man into peeing his pants, and he asked Jill to be brave and face it directly, Robin Hood, Castle Securities, Melvin Capital, and Jill, all of whom were summoned by Congress to testify. When a rich person encounters a problem, he can find a group of people to help him solve it, and the professional team of lawyers will help him revise it word by word, and even choose a background to reduce his sense of superiority, however, Jill only has family and friends who don't know much about it. The next day, a number of heavyweight members of the Financial Committee of the United States Congress participated in the hearing, and the CEO of Castle Securities got a platoon of lawyers to assist, for fear of saying the wrong word, Melvin Capital was overly nervous because of the failure of shorting, and even forgot to turn on his microphone, which attracted ridicule from netizens, Robin Hood has also been deliberately avoiding the questions raised by the congressman, and expounding useless points by himself, only the unprepared Jill behaved calmly in the face of the questions raised by the congressman, Calmly expressed his point of view, he said that his family background is ordinary, he doesn't know any big boss at all, after graduating from college because of the market environment, he has a lot of time to be unemployed, he spent a lot of time teaching himself investment and financial management, and found that the securities company has a series of illegal operations such as not trading on time, there is a deliberate manipulation of short methods, the stock market should have allowed everyone to compete fairly, as long as you are smart enough and a little luck can make a lot of money, but now large companies have the absolute advantage of technology and information, so that the little people have no hope at all, And he just liked the stock of Game Station, and his sincerity touched countless netizens in front of the screen. Jill said that he would not sell stocks, and netizens saw Jill's attitude and said that they insisted on not selling stocks. On the second day of the congressional hearing, the stock of Game Yichang was suppressed from 500 to 40 shares, but three days later, Jill turned on the computer and bought the stock again, the stock tide of the game station skyrocketed again, his holdings doubled to 100,000 shares, the stock of the game station tripled in a week, the wage earner of the game station invested 100 yuan, earned 180,000, and no longer had to be angry with the manager, two female college students earned 270,000 each, and the nurse's debt was only 10,000, and they resolutely did not sell the stock. Later, Jill gave his brother a red sports car, the Melvin Fund closed its doors in 2022, Robin Hood went public in July 2021, because of the dismal performance on the first day, the trading volume was only 10% of the peak two years later, and the two bosses were no longer billionaires, six months later, the text message was made public in the lawsuit, Robin Hood and the directors of the two companies, Robin Hood and Castle, were involved the day before the suspension of buying, there was a lot of discussion, and then the court dismissed the lawsuit, and a month later, the SEC completed the investigation, Jill posted on the Internet for the last time on April 16, 2021, his assets are $34 million, 85% of hedge funds began to actively investigate online to see what retail investors are investing in, they are afraid of another short squeeze incident, hedge funds have also begun to significantly reduce short selling operations, Wall Street can no longer ignore the stupid money effect, this is how the whole thing happened