A researcher who was leaning against the bookcase and playing with his mobile phone silently turned the screen to everyone.
"Latest follow-up, the updated documents for the supplementary pledge of 3.4 million shares of Era Vanguard have been found in the SEC's EDGAR System.
And you see - according to NASDAQ seat analysis, the concentration of major buyer seats throughout the afternoon was very high, basically ruling out the explanation of joint bargain hunting or retail counterattack."
"Era Vanguard has not closed its position," the analyst continued,
"Not only did it not close the position, it also added another position at 178.50.
Now their total holdings have exceeded 20 million. Based on the total share capital of 176 million, the shareholding ratio is close to 11.7, and the 13D declaration has been triggered.
Moreover - after he used 3.4 million shares to replenish the pledge, Liquidation Threshold has jumped a lot.
There is no official figure yet, but a rough estimate is very staggering."
"148." The analyst reported the number on the calculator, as if he was reading an appraisal report.
"It is now about 30% cheaper than the current Spot safety pad.
This means that if you want to rely on market smashing to trigger Forced Liquidation, you have to let the entire market value of Tesla evaporate out of thin air, and the total assets of two to three Muddy Waters can be done.
This is no longer a sniper attack by Short Sellers, but a decisive battle by Bulls and Bears.
The key is Era Vanguard is still buying. If it continues, it will be very difficult to close the position in the future--
After the 13D declaration is submitted, the market will see that not only did they not run away, but they continued to increase their holdings, and the confidence of the bulls will be further amplified.
Chasing orders and Short Sellers covering orders will come in at the same time, and the cost of closing the position will be even higher."
He spoke very slowly, but every sentence was like a knife scraping against the rim of a glass.
White-Haired Old Man did not answer the call.
He knew the analysts were right.
Anyone with Short Selling is a potential bull - this sentence is more true at this moment than ever before.
The foundation of trust between allies is being shaken violently, and this shaking does not come from the new ammunition itself.
It comes from the fact that each of them knows but is unwilling to be the first to reveal it:
If Era Vanguard can really continue to increase its holdings at this position, then the person who closes the position first will make the biggest profit.
The person who closes his position last may lose all previous floating profits.
This is not a hunt, this is a gamble--
Every Short Sellers sits at the same gambling table and prays that others will continue to gamble and that he can close his position at the highest point.
Short-Selling Alliance still maintains his calm appearance, but everyone is secretly calculating the same question:
When should you fire the bullet to close the position so that you don't blow yourself up?
The next day, Friday.
NASDAQ Before the opening bell has settled, the pre-market trading of Tesla has been pushed to 197 US Dollar--
That's nearly nine US Dollar higher than Thursday's closing price of 188 US Dollar.
Buy orders for Era Vanguard began to pour in intensively from the Call Auction stage.
It is different from the wall-of-silence approach yesterday near 178 US Dollar.
Today's Buying Pressure is no longer subtle, but openly scanning goods above every round number.
Those small and medium-sized Follow-up Orders saw the unabashed entry gesture of the main funds and poured into Time-sharing Chart one after another.
The stock price rose above 198 and 199 without hesitation at the opening, and stood firmly at 200 US Dollar before ten o'clock.
Short Sellers certainly won't sit still in this position.
200 US Dollar is the psychological mark that has been repeatedly competed for for more than two months, and it is also the intensive range for the cost of building a large Short Sellers position.
They have accumulated extremely heavy sales orders here.
Not long after the stock price crossed the 200 US Dollar mark, selling orders poured out like a flood control channel that was suddenly opened.
The sell orders for hundreds of thousands of shares were lined up between 201 and 198 US Dollar.
Short Sellers This wave of counterattack is almost subconscious--
Muddy Waters's chips transferred from PNC, Citron's previously placed deep out-of-value Put Option liquidation orders, and several large Hedge Fund's failed to release clean high-frequency Short Position yesterday--
All pouring out together at this moment.
The two forces collided fiercely near 200 US Dollar, and the stock price tore repeatedly, with Bulls and Bears intertwined for a while:
As soon as it broke through 200, it was violently smashed back to near 197. When it fell to 197, it was immediately caught and bounced up. Every time the time-sharing fell back was like a test of holding your breath.
But Era Vanguard did not withdraw.
Chen Xi sat in front of Bloomberg Terminal, watching the fund transfer notices from Lin Shicheng almost without interruption--
Every buy request on the big order account is confirmed in milliseconds. Every time Short Sellers's stock price breaks through 200, it rebounds within a few minutes.
It can be seen very clearly from the transaction details:
Some of the same batch of seats that were previously marked as net Short Sellers suddenly stopped betting and temporarily turned to the right side of the handicap;
The long and large orders intensively pulled out an increasingly heavy support band near 200, like a breakwater that was constantly hit by raindrops but never sank.
The one who can't hold his breath is Short Sellers.
In the successive calls between Trading Desk, the tone was completely different from yesterday--
Yesterday it was full of resentment and suspicion, today it's a mixture of panic and some suppressed anger.
One analyst's voice was obviously raised for half a beat:
"We should have closed at least 40% of our positions before the market closed yesterday!
Now he is holding on to us at 200, and every time we hit it, he uses his own money to pull the line back--
He is not trying to support the market, he is really collecting money!"
The mutual suspicion that lingered over the handicap yesterday was further fermented today.
On the other end of the phone, someone could be heard pacing back and forth next to the table, and someone pressed the mute button and threw the phone aside, cursing a few times before calling again.
On the other side, the short partner reminded coldly:
"Didn't we all agree yesterday to use Short Position to seal the 200? Why did it leak like this in just two hours? Who is canceling the order?"
The question was thrown out and no one answered directly.
But account records don't lie:
Since around 10 o'clock in the morning, several medium-sized positions have quietly closed nearly 20% of their Short Sellers exposure, pocketing the profits without even admitting it.
In the afternoon, Short Sellers tried many times to regroup selling orders near 202.
I wanted to push the stock price back below 198, but every offensive was disintegrated by the same determined small and medium-sized buying orders.
The fluctuation range in Time-sharing Chart quickly narrowed from seven or eight US Dollar in the morning to within two US Dollar. Each time the fluctuation amplitude dropped, it was short-lived and unsustainable.
The closing bell rang, and the number Bloomberg Terminal was fixed at 195 US Dollar.
Short Sellers's intensive selling above 200 US Dollar successfully pushed the stock price back from the intraday high. The five US Dollars that fell all came from concentrated shipments in the last hour of late trading.
But everyone knows in their hearts - 200 US Dollar, the pressure level that they once considered to be about to fall permanently, Friday has once again been firmly stepped on.
Compared with Thursday's closing price of 188, and the average transaction price on that day was around 200,
It means that Short Sellers made almost no gains on the last day of the week, but allowed the opponent to openly push up the cost price.
At the same time, Era Vanguard bought a batch of new positions throughout the day, and the number of shares held further increased, but the specific number has not been announced on the market for the time being.
Those in the Explorers Club who removed their wine glasses yesterday tightened the caps even harder when they retrieved their bottles today.
They knew very well that what Era Vanguard showed yesterday was a defensive shield, and what it showed today was a battering ram that started to push forward.
And no one can claim anymore that the funds have been exhausted --
The continuous follow-up of bullish bands and chasing orders made their tabletops shake slightly, which made people have to suspect that their opponents' prospects were much longer than they expected.
Although the market will be closed for two days on weekends, it can provide some relief, but it cannot eliminate the chain reaction caused by this news:
More bulls already believe that the Era Vanguard ammunition tube has definitely not stopped, and every Short Selling has a potential buy and close order hidden in their heart.