This massive Short selling Bears / Bulls game was played in India around 1992 . Harshad Mehta was one player .
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Noble House
The Movie / Tele Serials ( American ),I like the best is Noble House.- a Large Public Limited Company of Hong Kong headed by Pierce Brosnan ( respectfully addressed as Tai pan )
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When Noble House need money- it issued shares @ 16 to the Public ( mainly Hong Kong Chinese ).
A prominent market operator makes heavy blank / short selling ( selling shares he did not own ) to drive down the share price of Noble causing panic among retail investors / High Net Worth Investors.
In the first You Tube clip one such HNI approaches Taipan.
https://www.youtube.com/watch?v=rxiAqqVt2hQ
He advises Taipaan to compromise which the Taipan refused.
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In the second clip , Taipan advised to sell his controlling stake which Tai pan ,again refuses.
https://www.youtube.com/watch?v=NZXlf28npt0&spfreload=5
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Now , the Short seller is hoping to cover his blanks by buying at much lower rates
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Short Seller - in Bow Tie in a Business Party when Short Seller position is better in the Shares Game
https://www.youtube.com/watch?v=cbYyji2Lbss
------------------------------
Tai pan travels overnight , by car ,to Beijing ( Mainland China ).
In China he meets his old college friends who hold very high Govt. Positions.
Tai pan wants Finance. Chinese want big corporates like Noble House to side with them when Hong Kong comes back to China.
Tai pan gets immediate Finance.
He returns to Hong Kong and demands Delivery of all the shares short seller has sold.
Price of Noble House shares shoot. and the short seller becomes Bankrupt ( while short covering )
=================
Chinese use the term Tai pan respectfully like we , in India , say ' Bauji
=====================
Noble House
The Movie / Tele Serials ( American ),I like the best is Noble House.- a Large Public Limited Company of Hong Kong headed by Pierce Brosnan ( respectfully addressed as Tai pan )
--------------
When Noble House need money- it issued shares @ 16 to the Public ( mainly Hong Kong Chinese ).
A prominent market operator makes heavy blank / short selling ( selling shares he did not own ) to drive down the share price of Noble causing panic among retail investors / High Net Worth Investors.
In the first You Tube clip one such HNI approaches Taipan.
https://www.youtube.com/watch?v=rxiAqqVt2hQ
He advises Taipaan to compromise which the Taipan refused.
--------------------
In the second clip , Taipan advised to sell his controlling stake which Tai pan ,again refuses.
https://www.youtube.com/watch?v=NZXlf28npt0&spfreload=5
---------------------
Now , the Short seller is hoping to cover his blanks by buying at much lower rates
-----------------
Short Seller - in Bow Tie in a Business Party when Short Seller position is better in the Shares Game
https://www.youtube.com/watch?v=cbYyji2Lbss
------------------------------
Tai pan travels overnight , by car ,to Beijing ( Mainland China ).
In China he meets his old college friends who hold very high Govt. Positions.
Tai pan wants Finance. Chinese want big corporates like Noble House to side with them when Hong Kong comes back to China.
Tai pan gets immediate Finance.
He returns to Hong Kong and demands Delivery of all the shares short seller has sold.
Price of Noble House shares shoot. and the short seller becomes Bankrupt ( while short covering )
=================
Chinese use the term Tai pan respectfully like we , in India , say ' Bauji
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