"Lawyer Lin," Zhao Chen turned around, "I've thought about Options's matter clearly."
Lin Shicheng looked at him.
Zhao Chen said, "I won't buy it for the time being. I will buy all 7.63 million shares of Common Stock. Secondary Market will slowly accumulate funds and complete it in half a month."
Common Stock is controlled within 9.9%. Options won't touch it anymore."
Su Wantang asked softly from the side:
"What if the price of Options is very cheap? For example, for the contract of Strike Price 300, if Premium drops below 12 US Dollar, won't you consider it?"
Zhao Chen thought for a while. "It's really cheap under 12 US Dollar. But Lawyer Lin is right - the risk is not in the price, but in the report."
As long as I buy Options, no matter the price is high or low, as long as the stock price rises and Options enters the real value state, someone will keep an eye on it.
At that time, the SEC will have to investigate an anonymous letter. I don't want to spend my time responding to the investigation."
He looked at Su Wantang and his voice became softer:
"Furthermore, 7.63 million shares of Common Stock are enough. With a shareholding ratio of 9.9%, Tesla is already an important shareholder.
There is no need to use Options to increase leverage. A little more stability is better than anything else."
Su Wantang said nothing more.
She picked up the tea cup, took a sip of herbal tea, and then put it down.
Lin Shicheng Close the file and stand up.
"Mr. Zhao, let's put the matter of Options aside for now. I will concentrate on handling the compliance matters of Common Stock's increase in holdings.
Secondary Market buys, as long as it does not exceed 10%, there are no legal obstacles. It can be completed in half a month, and there is plenty of time."
Zhao Chen shook hands with him:
"Lawyer Lin, thank you for your hard work. Regarding Common Stock, you should keep an eye on it. Fund Path, conduct compliance review, and make sure nothing goes wrong."
Lin Shicheng nodded. "Understood."
Zhang Qingxue sends Lin Shicheng to the door.
The two people whispered a few words in the corridor, and then Lin Shicheng entered the elevator.
Zhang Qingxue returned to the room and saw Zhao Chen still standing in front of the window.
"Xiao Chen," she said, "Then do you still want to talk to Goldman Sachs and the others tomorrow?"
Zhao Chen turned around. "Don't talk to them Options anymore. Common Stock We bought it from Secondary Market ourselves and don't need their assistance.
If you contact them tomorrow, tell them that the customer has temporarily put their trading plans on hold and will cooperate next time."
Zhang Qingxue nodded. "Okay. What about Lin Shicheng?"
Zhao Chen said, "Let him continue to advance the legal structure. Fund segregation, multi-layered accounts, compliance reviews - these things cannot be stopped.
Common Stock Although buying is simple, you can't be careless about money."
Zhang Qingxue jotted down a few strokes in his notebook and then closed it.
"Then I'll go back to my room first. Contact Goldman Sachs tomorrow morning."
Zhao Chen nodded. "Thank you for your hard work, Aunt Zhang."
After Zhang Qingxue left, only Zhao Chen and Su Wantang were left in the room.
The Manhattan outside the window is brightly lit, and the Hudson River in the distance is shining in the night.
Zhao Chen stood in front of the window, with his hands in his pockets, looking at the lights.
"Xiao Chen," Su Wantang's voice came from behind,
"Have you really thought it through? Are you just giving up on Options?"
Zhao Chen has not looked back." Think clearly. Options looks attractive, but the risk is not just the price.
Lawyer Lin is right - the biggest risk is being targeted. Tesla has too many Short Sellerss, and they are eager to seize the handle of 'Era Vanguard'.
Even if my operations are completely compliant, as long as they report it, the SEC will investigate.
The investigation lasted for several months. During these months, my funds were frozen, my operations were restricted, and I couldn't do anything."
He turned around and looked at Su Wantang.
"I don't want to spend my time dealing with regulators. My time should be spent looking for the next opportunity."
Su Wantang looked at him and suddenly smiled.
"You're right. Being steady is better than anything else."
Zhao Chen also laughed.
He walked back to the sofa, sat down, picked up the cup of already cold tea, and took a sip.
The bitter taste spread on the tip of his tongue, but he didn't frown.
"Besides, 7.63 million shares of Common Stock is enough.
The shareholding ratio of 9.9% is already the third Major Shareholder of Tesla. There is no need to gamble with Options."
Su Wantang sat down opposite him, poured out the herbal tea in the teapot, poured another cup of hot tea, and pushed it in front of him.
"Then how high do you think Tesla can be by the end of the year?"
Zhao Chen took the hot tea and thought about it.
"If the production capacity problem is solved, it will be between 350 and 400. If it exceeds expectations, it may be above 400."
Su Wantang asked, "What about Nvidia? Didn't you say you would cash out part of it to buy Nvidia at the end of the year?"
Zhao Chen nodded. "Yes. If Tesla rises to more than 350, I will sell part of it and cash it out to buy Nvidia.
If it doesn't rise, then pledge financing. Both paths are feasible."
He leaned on the sofa and took a long breath.
"The most critical thing now is to buy these 7.63 million shares. Within half a month, we can buy about one million shares every day without disturbing the market.
Once the position is completed, it won't move. Waiting for the harvest at the end of the year."
Su Wantang picked up his tea cup and touched his gently. "Then wait until the end of the year."
Zhao Chen smiled. "Wait until the end of the year."
March 1, Thursday, New York.
The account of Era Vanguard started taking action after the opening of US Stocks.
Zhang Qingxue is sitting in front of Hotel Room's temporary desk, with two laptops spread out in front of him.
The one on the left has the brokerage account interface of Goldman Sachs, and the one on the right is connected to the encrypted communication channel of the Lin Shicheng legal team.
Su Wantang sat next to her, holding a fund schedule in her hand, with the amount of each purchase and the account path marked on it.
Zhao Chen stood in front of the window, with his hands in his pockets, looking at Manhattan outside the window.
He wasn't looking at the screen. He didn't need to.
He only needs to know one thing - he's in.
The first purchase was made 7 minutes after the market opened. 500,000 shares of Tesla were traded at a price of 271.30 US Dollar.
The selling volume is thicker than expected, the pessimism in the market is still strong, and those retail investors who were frightened by Citron Research Report are still throwing chips away.
Zhang Qingxue was not in a hurry, she placed a limit order and let the selling order be filled in by herself.
The second transaction was half an hour later, for 300,000 shares, with a transaction price of 271.50 US Dollar.
The third transaction was before midday, with 400,000 shares traded at 271.80 US Dollar.
At the end of the day, I bought 1.2 million shares at an average price of 271.60 US Dollar.
It didn't cause any waves, like a drop of water falling into the ocean.
After the market closed, Zhang Qingxue closed the computer and turned his head to look at Zhao Chen.
"Xiao Chen, bought 1.2 million shares today. The total holdings are 10.2 million shares, accounting for 6.07% of the total share capital of Tesla."
Zhao Chen nodded. "Continue tomorrow. 500,000 to 700,000 shares a day, no rush. Buy them in half a month."
Zhang Qingxue wrote down this number in his notebook, then hesitated and said:
"Xiao Chen, there is something I need to confirm with Lawyer Lin--
Our current shareholding has exceeded 5%. If we continue to increase our holdings, how often do we need to disclose it?"
Zhao Chen turned around and looked at her.
He had thought about this question before, but didn't ask it in detail.
I was indeed a little negligent. I originally hired Lin Lawyer Team just to avoid regulatory risks.
If there is a risk and Lawyer Lin fails to warn in place, it would be Lawyer Team's dereliction of duty.
Then he will have to consider whether to continue employing the other party.