Reinventing the Millennium.

Chapter 1003 The King of Retail Investors (4k)

YIKE shares finally closed at $286.94 on Monday.

It was a carnival that lasted six and a half hours.

In particular, the most important parties came online in the last few 10 minutes to push this short-squeeze carnival to its peak.

In just six and a half hours, the book market value of Yike became 819.83 billion US dollars.

On Friday, that figure was $256.2 billion.

In just three days, there was a sudden increase of 563.63 billion US dollars.

This number is equivalent to a Nokia or a desk record or close to two Texas Instruments.

And, the book market value exceeds that of Amazon and Qualcomm.

With such a magical performance, one would either be dumbfounded, or look at each other in blank dismay, or burst into tears, or turn pale.

The Nasdaq closed and the dust settled for a day of stock market performance.

Many mainland media don't know how to report this matter...

Yike launched a short squeeze counterattack?

etc!Hedge Funds Gone!
Is Yike's market value soaring?

etc!Yike's market value flew away!

Mr. Fang is worthy of being the richest man in the mainland?

etc!President Fang is the richest man in the world!
According to last year's statistics, the world's richest man in 2008 was Buffett's US$620 billion. This year, due to the impact of the financial turmoil, "Forbes" announced that the world's richest man is Bill Gates' US$400 billion.

Mr. Fang's book wealth has surpassed Gates at least for this day!
A brand new richest man in the world was magically born like this?
The mainland media didn't write like this for the time being, they were still shocked and didn't know what style to use to describe this incident, so they could only write about the situation as objectively as possible.

Similarly, many departments and leaders have been paying attention to the situation of Yike Company since the weekend, and when it really opened on Monday without any wind or rain, they silently watched Yike's stock price rise all the way...

"This, this, this...what are these?"

According to the description of Shencheng Zheng Danrui who couldn't help talking to Mr. Fang on the phone, a big leader happened to be in the local area, and after watching the stock market situation, he scratched his head in shock.

Yes, what are these?

How did this all happen?

Is the SEC blind?

Is the US financial sector failing?

Oh, last year's financial turmoil seems to have failed.

"It's a pity, Mr. Fang, it would be great if your shares can be realized." Zheng Danrui showed fluctuating emotions about wealth for the first time since they met each other.

After all, this is all book wealth. The relevant regulations of the United States on the reduction of major shareholders allow Fang Zhuo to reduce his holdings by up to 2% through block transactions, followed by a 6-month lock-up period.

In this way, based on today's stock price, 2% is 16.4 billion US dollars. Although it is still a lot, it seems to be very little at once.

"Brother Zheng, you dare to think." Fang Zhuo laughed.

Zheng Danrui said from the bottom of his heart: "No matter how much I dare to think, I don't even dare to imagine that Yi Ke can perform like this today, Mr. Fang, you really..."

He tried to describe and gave up after a few seconds looking for the right words.

I'm running out of words!
Zheng Danrui calmed down for a while, and asked about the solution to the incident before him. He knew that relevant high-level officials from the United States had already flown to Shanghai, and it was impossible to allow the stock price to rise like this.

"Solve it, it must be solved, and it's very easy. After all, there is a mass squeeze case." Fang Zhuo didn't know if Brother Zheng wanted to get the report information from him, and said seriously, "Nasdaq's The CEO has been here for two days, we have talked several times, and we also talked with a SEC commissioner once."

"First of all, this matter is legal and compliant."

"Secondly, there may indeed be some degree of financial impact."

"In the end, Yike is willing to resolve this matter peacefully, and will settle 5% of the stock options."

5% is enough to cover the -4.9% run space caused by naked short selling and related financial derivatives.

The Yike short squeeze is already an unconventional situation. Neither Nasdaq nor the SEC can allow so many options to be settled. However, there is still room for manipulation in this settlement time, which is based on the price of the day.

It's $286.94 today, and it won't be what it will be tomorrow.

In addition, the 2% in Fang Zhuo's hand is calculated based on the price at 12:[-] noon the next day according to his communication with Dabao, leaving at least half a day for Goldman Sachs.

As for whether it can last until the third day, it depends on the pressure of all parties.

The longer the time, the more benefits, but it is difficult to get through the fourth day or even the third day completely.

For stocks that Fang Zhuo wants to trade in large quantities, Tuesday morning is a closely related gain.

He intends to renew his sense of presence, increase the confidence of retail investors, and let Goldman Sachs cash out more funds for themselves, so as to better improve their lives.

"Mr. Fang, I really opened my eyes today." Zheng Danrui felt inexplicable when talking with the world's richest man, and sighed, "Last year, I just heard that there was a public squeeze. Witnessed, such a thing, how many times can a person see in a lifetime."

Financial markets are so magical!
Fang Zhuo counted the time, and the ITC said that the final ruling will be made at the end of this month, at the latest in June, or as early as May, and it may really come again. I don’t know how many times I can see each other in a lifetime. At least, I will see you twice in two or three months. back.

However, the second time, both he and Yi Ke had to play dead, inexplicably surprised and elated by the final overthrow.

Believe it or not, that's the way things are.

"Brother Zheng, after all, I don't want to do this either." Fang Zhuo said gently, "It's just a precaution."

Zheng Danrui didn't believe it at all. No one else knew Mr. Fang, but he knew something about him.

With such precautions, will there be some temptations?
What happened to the public opinion war with the heads of hedge funds abroad?

Is it acting together to bring people in and divide the accounts?
What's the name of that boss, oh yes, Paulson.

Zheng Danrui suspects that there are many inexplicable activities involved, Mr. Fang is too dark!

He finally ended the phone call with an exclamation: "Mr. Fang, don't call me brother. I will call you brother in the future. You are... so strange!"

Fang Zhuo laughed loudly: "Brother Zheng, you can't do it, you can't do it."

However, hearing Brother Zheng's tone, he felt that this matter was more...subtle, and it's no wonder that the foreign media repeatedly posted articles to criticize.

It was still evening in the Eastern Time of the United States. Just after a fatal curse pushed up Yike’s stock price, the Wall Street Journal, which was previously dubbed a “fraudster”, posted seven updates on Twitter in a row.

Sentenced and criticized.

"Today we witnessed a horrific tragedy!"

"This is a flaw in the system, it is the inaction of the regulators, it is Fang Zhuo's long-planned plan, and they have murdered many ordinary investors together!"

"Fang Zhuo is the murderer!"

Following the "fraudster", the head of Yike became a "murderer" again.

Fang Zhuo is not sure which company is behind the scenes, but he thinks it is necessary to make some clarifications. It is also to prove his existence to the "ordinary investors" in the "Wall Street Journal" and to do his best to continue to push up the stock price tomorrow morning. Prepare.

He first reposted the accusation of "Fang Zhuo is the murderer", and then @ this well-known media and asked back.

"Who will short Yike first?"

"Who wouldn't heed my advice?"

"Who is greedy and maliciously harvests real companies?"

"How is the run space formed?"

"From Lehman to Volkswagen to Yike, it is obvious that only 100% of the shares are owned. How can there be 105% in the financial market?"

"Naked short selling, high-frequency trading, pink sheets, dark pools, where are these?"

"Yi Ke actually became a murderer in order to protect himself. This is simply the biggest joke in the world!"

"In the world of crows, swans are guilty too!"

Fang Zhuo was very angry.

At least, very angry on Twitter.

He blasted the Wall Street Journal, then tweeted: "Where are the quotes? Post them all for Wall Street to see."

In this sentence, "Fang Zong's Quotations" reappeared in Jianghu.

——The abyss is ahead of you.

— Greed is a sin.

——Don’t short Yike.

Quotations that were originally derogatory in nature have ushered in a reversal as the situation changes.

Mr. Fang has already told you!
Is there an abyss ahead?Where's Paulson, come out Paulson @Paulson!
Is greed a sin?Are naked short sellers and leveraged investors committing suicide now?
I said not to short Yike, you must be short!
Fang Zhuo was aggressive, but he didn't mention the fact that the "Wall Street Journal" had taken money from his family. Similarly, the other side also obviously kept restraint, and didn't mention it.

However, they are all collecting money, and Bloomberg guides retail investors to issue tickets. He does not engage in personal attacks!
You "Wall Street Journal" made the atmosphere so bad, will you still be able to get along in the future?

Fang Zhuo's painstaking persuasion seems to have had results, and the other party did not respond.

As for the reminder of "Mr. Fang, you seem to have shorted Lehman" in the comments, it was quickly drowned out.

Fang Zhuo's high-intensity haunting on Twitter made the majority of retail investors and melon eaters extremely excited and excited.

Many people were just calculating Yike's market value and Mr. Fang's book wealth. In a blink of an eye, the world's richest man came to Twitter. This news even directly attracted a large number of new users to join.

"Mr. Fang, the stock in my hand has not been sold, can I ship it tomorrow?"

"Mr. Fang, I bought a YIKE worth 20 dollars, and sold it for 50 dollars. Maybe it can go up again, but I am satisfied, thank you."

"Blow up the short sellers, Mr. Fang hold on!"

"Don't believe what the media says, Mr. Fang, ordinary investors have absolutely nothing to lose, kill the institution!!"

"Mr. Fang, you are the king of retail investors!"

Fang Zhuo browsed a lot of news, but did not reply to the question about the stock, but just liked it to thank and praise himself.

After patrolling on Twitter for a while, I don't know which organization's industry personnel exposed the name of "that person", talking about the discoloration and taboo names of many organizations.

With such a revelation, the atmosphere on Twitter became more enthusiastic and joyful.

No wonder President Fang suddenly released the Unforgivable Curse, it turned out to be a mysterious person!
The serious and tense financial duel suddenly went astray on the Internet.

——The crew of "Harry Potter" paid attention to Fang Zhuo.

——"The Times": The mysterious man descended into the three-dimensional world, and the cruel killing curse killed all the bears!
——The well-known director invited to adapt Yi Ke's short-squeeze case, and Mr. Fang announced that he would challenge to play Paulson.

The "Wall Street Journal" has lost its voice, the melon-eaters are desperately trying to make fun of it, the vast number of retail investors are lying together, and some industry insiders broke the news... Everything seems to be another reflection of YIKE's Monday carnival on the Internet.

Such a noisy scene finally forced some warriors out.

Among them, Jason, who introduced himself on Twitter as a senior manager of GLG Partners, a well-known American hedge fund, was very dissatisfied with the contempt from ordinary investors, and also very dissatisfied with the trembling of institutions and the avoidance of nicknames.

He didn't short Yike, he was purely a spectator this time, and he always felt that his reputation was somehow affected.

Jason updated Twitter very bluntly, mocking the retail investors: What is the king of retail investors?Wake up, Yike is a big institution, this is a duel between institutions.

He continued to send out the second article: what kind of mysterious person, so what if I just say the name "Fang Zhuo"?Returning the Avada Kedavra, has Fang Zhuo watched too much Harry Potter?Yike will eventually return to the normal stock price, has the ITC ruling resolved it?Fang Zhuo, have you solved it yet?Why did you escape from the United States? Are you afraid of the SEC investigation?
Fang Zhuo didn't see the fund manager's first tweet, but was reminded of the new @ by Twitter, and happened to see the second one.

Well, the king of retail investors is not the king, that's okay, why use the word "escape"?
After Fang Zhuo finished his praise action, he simply checked Jason's GLG fund, which is also a well-known hedging and short-selling fund, and he didn't seem to be short-selling Yike this time.

However, GLG has a regular short position against other companies.

He reposted Jason's news and asked: Hi, hello, Jason, can you tell me why GLG wants to short Jinrui Company?Can you tell the Wall Street Journal the logic of naked short selling?

Now that the newly appointed richest man in the world has a very high degree of attention, the short-selling agency GLG has entered the attention of many excited retail investors.

Another short seller?Another company was murdered?
Jinrui Company?What are you doing?What business are you doing?do not care.

Excited retail investors frantically flocked to Nasdaq for after-hours trading.

On April 4, Jinrui Company, a Nasdaq-listed company, closed at US$20, and its stock price once rose by more than 34.68% to US$29 after hours.

GLG Fund is shorting Jinrui Company in a targeted manner, confirming with certainty that there are problems in the company's business.

However, the sudden influx of retail investors suddenly drove up the stock price after the market.

Jason watched all this happen within half an hour, only to be dumbfounded.

what happened?Why did you set fire to your door with just a few words?
This...these people are crazy!It's completely crazy!

Retail investors, the king of retail investors...

A mysterious man from a large institution wearing the "King of Retail Investors"...

Jason was uneasy, and immediately realized the color change of his colleagues. That person, that person was standing at the door!
"Jason, delete it quickly. What are you doing? Even if it's true, you can't tell it. Cancel your account quickly, and pray that he will forget about it before the market opens tomorrow."

Jason received a private message in panic, and immediately accepted it in full, deleted the content first, and then canceled the account.

Stay away from that man, stay away from the retail king!

(End of this chapter)