Reinventing the Millennium.

Chapter 1019 The ruling landed (4K)

As the time approached the final ruling date given by the ITC, the atmosphere in both the media and online platforms gradually became turbulent.

In order to celebrate the change of the head of Nokia, Fang Zhuo only exchanged a few words with Simmons and then fell silent again. It seemed that he was really concentrating on facing the biggest crisis since the establishment of the company with Yike as reported by the media.

The world is so big, and hot issues are always one after another. After all, Yike is just an ordinary mobile phone company that once reached the fourth market capitalization in the world. No matter how wonderful the short squeeze is, it will eventually pass.

Discussions on Yike, Mr. Fang, short squeeze, and the king of retail investors have gradually declined, but the reports from the media and pan-media have taken shape. At the same time, both Facebook and Twitter have some comments on the financial crisis and Wall Street Institutional discussions.

The former report focuses on talking about the so-called "retail king" is just a scam.

"Fang Zhuo is a rich man who has been on the Forbes rich list for a long time. He has never been a retail investor. It is extremely ridiculous, funny and absurd to call out such a name."

"Any absurd appearance has an inner logical support."

"Let's see, who is Fang Zhuo delivering 2% to? It's Goldman Sachs!"

"Only this 2%, he grabbed 30 billion US dollars, is this a retail investor?"

"He is basically using the vast number of retail investors to obtain his personal wealth. This is a naked scam!"

"Fang Zhuo let the majority of retail investors take over, and ruthlessly sold the interests of retail investors to big institutions!"

"What a shameless act. However, there are still retail investors who think that Fang Zhuo is standing with them. It's really sad!"

Some media seized on Fang Zhuo’s use of block transactions to deliver 2% of the shares in the Yike incident, and made a big deal of it, which really changed many people’s minds, thinking that this was a betrayal and a scam, and retail investors ultimately bear the losses.

There are also media who use Fang Zhuo's identity as a Huaxia person to talk about the losses caused by Yike to American companies. The most intuitive example is Yike's lawsuit against Motorola. This case is still in progress.

Just as the influential media disintegrated the influence of the "King of Retail Investors" on a large scale, Fang Zhuo's Twitter still remained silent, and he did not denounce it as "Fake News" as before. He changed his account and followed On another level.

The wide-ranging impact brought by the global financial crisis has landed, and all countries are working hard to boost the economy. However, under such circumstances, there are still many ordinary people who are bearing the consequences of the crisis.

There was an outrageous content about complaining about financial institutions on Twitter, and it exploded because it was too bizarre.

"I just rented a house and placed my children in school, but the agency came to me."

"They rang my doorbell and asked me where Harvey Hamsey was and said he had been out of debt for over 90 days."

"I was stunned and I asked them, what are you doing with my landlord's dog? My landlord's dog is called Harvey Hamsey."

"My friends, you heard me right, my outrageous landlord filled out the mortgage application form with his dog's name, and even passed the approval of the agency, and finally let me rent a house with a dog who had been out of payment for three months !"

"Dog loan! Go die!"

The tweet was widely retweeted and then intensified by an inquiry from a studio.

——Hey, we would like to make this story of yours into a movie, and we can invite you to participate and pay for it, what do you think?
The words of a small film company made this incident even more bizarre and viral, and Goudai quickly became a hot spot on Twitter, which in turn inspired more sharing of real experiences.

Some people can easily recall the past, while others can't even look at the huge gap between just one or two years ago.

The communicability brought by emerging social media is quietly brewing.

Fang Zhuo was very satisfied with this situation.

It’s okay for the media to criticize themselves. The last round was largely a battle between institutions, and more small and medium-sized institutions took on all the responsibility. The difference between retail investors is basically that they earn more and less, although the upper and lower limits are quite different.

this round...

Although the big institutions have fallen into silence, he does not believe that this kind of media public opinion is unorganized. The elimination of the influence of the "king of retail investors" is probably a way for large institutions to prevent problems before they happen.

However, the public opinion of emerging media is another way of playing that has not been fully taken seriously.

Last year, the world's best president launched the Internet, and this year, the world's second best president will try this track again.

China time, at eight o'clock in the morning on May 5th, Fang Zhuo turned on his computer as soon as he woke up, and concentrated on observing the latest public opinion on Twitter and Facebook.

Su Wei has changed her clothes and is about to go to the company.

"Hey, President Fang, I have a meeting in the morning, don't make me late."

Fang Zhuo let out a "huh" and slowly shifted his gaze from the computer to the phone.

Seeing this, Su Wei complained, "Look, what's so interesting about those, aren't all your people forging accounts?"

"How can you accuse people of innocence out of thin air? What is forgery? It's the words of the American people." Fang Zhuo pretended to be displeased.

Su Wei still couldn't help but want to complain: "It's too bad that you can figure it out, and there are dog loans. You are too outrageous, and there are still people who can believe this."

As the person next to her pillow, she knows the situation best, and knows that the so-called hot tweets and film companies are packaged and spread widely, but she didn't expect such a good effect.

Fang Zhuo said seriously: "It's based on a true story, why don't you believe it?"

Su Wei curled her lips, unable to imagine how the real story could use a dog to pass the loan application.

"Let me tell you, in two days, I will announce my investment in this drama on Twitter." Fang Zhuo said with a smile, "At that time, there will be even more enthusiasm. I also said on Twitter that I would star in Paulson, it’s not that he can’t be a guest star, and when the time comes, he’ll do marketing and make a joke about the Golden Globes or Oscars, everything will be perfect.”

Su Wei looked at the man's expression: "Are you serious?"

"Anyway, Twitter can say this, invest in films, hit Oscars, do you think the name is "The Big Short" or "Go die"?" Fang Zhuo asked seriously.

"The Big Short" or "Dog Loan"?
Su Wei was a little dazed, and couldn't tell whether it was a joke or not. If it was the latter, the American people would probably have to learn a new Chinese word.

"Let's go, I'm going to be late." She shook her head and asked again, "When will the ruling be announced tomorrow?"

Fang Zhuo got up, took the teacup, and said as he walked, "We are all waiting, the institutions are waiting, I am waiting, Washington is also waiting, Google, Nokia, Samsung, etc. are all waiting to see the impact of this ruling. "

"It may be in the afternoon, and the news I got is not sure."

The 15th of US Eastern Time is Friday, and Yike’s stock will not open for two days on weekends, and we will see you on Monday again.

The friendly transmission from ITC’s unofficial office said that there is a high probability that it will be in the afternoon.

Anyway, Fang Zhuo has already finished preparations here, and is waiting for the Tianhe to pour into the country, the shady soldiers to cross the border, use the fake to cultivate the truth, and the public opinion to coerce, first guide the retail investors to form a group to squeeze the short, and then watch the world's best president make a move.

Su Wei took Fang Zhuo's arm: "Why do I think you're a little excited?"

"I'm just preparing for the battle in dual time zones." Fang Zhuo took a breath, "I'll wait for tomorrow's ITC ruling."

From last year to this year, and even from Yike's release of mobile phones to the present, patent litigation and ITC bans have always been the sword of Damocles hanging over Yike's head, and now it is finally time to solve it.

Su Wei took a few steps and asked, "After this short squeeze, how will you divide the money you earn?"

"I want to buy a Sony building in New York." Fang Zhuo had already thought of a reward for himself.

"No, I'm not asking yourself, um, I'm not asking about Yike, it's the expansion of e-buy. Since it has money and backing, this year e-buy will burn money to compete with Ali." What Su Wei said was Business is another talk of increasing the budget.

Fang Zhuo nodded, which was what he should have meant.

Su Wei suddenly remembered another thing: "There is an Internet conference in the middle of the year. You didn't go last time. Will you participate this year?"

"Is it interesting?" Fang Zhuo's mind is now full of tomorrow's business.

Su Wei stopped, straightened the folds of the man's clothes, and replied, "Of course it's interesting. You're going to participate this year, and I'll go with you."

Fang Zhuo had no choice but to say, "Okay."

Su Wei nodded in satisfaction. Last time she had to call the investors of Tesco to talk about the development during the meeting, and she still remembers it now.

……

On May 5th, US Eastern Time, the ITC announced the final ruling deadline.

Only in the morning, Fang Zhuo received intensive calls from Kong Yu, Lu Peining, Summers and even Goldman Sachs.

Philip from Goldman Sachs made a phone call, and talked a lot about it, not without probing. He also talked about the basis of the cooperation between the two parties.

The 15th happens to be the time when the Nasdaq Exchange announces short positions. How much money has entered the market in the past half month will also be announced in the afternoon.

Less than a month later, Yike ushered in a severe ban on sales.

The brilliance of the short squeeze and the bleakness of the lock-up, such a before-and-after comparison is what attracts the attention of the media and the public the most.

The last short squeeze was compared with the case of Porsche manipulating the Volkswagen short squeeze. Now, the media also compares the subsequent development of the two parties.

The origin of Volkswagen's short squeeze case was that Porsche wanted to acquire Volkswagen. Its absorption of stocks drove up the stock price. Hedge funds believed that there was a bubble here and rushed into the trap.

When Porsche won this kind of battle, it failed to achieve its goal. Instead, it was affected by the financial crisis, and it was difficult to bear the huge loan interest received from the bank, so it had to commit itself to the public.

Volkswagen took the initiative and became the majority shareholder of Porsche.

Porsche was victorious in the financial markets, but in the end it failed to do so.

Now, Yike is more or less similar. The financial level is prosperous, and the market competition is facing decline.

Some media lamented that money comes and goes quickly, but Yike still has to pay a price, even a fatal price.

Eastern Time, May 5th, at 15 o'clock in the afternoon, the ITC's final ruling has not yet been implemented. Nasdaq disclosed the short position in the past half month. Among them, the short position on the stock YIKE is 32.65 billion US dollars.

In the last round, it was US$42.12 billion totaled by dozens of institutions. This time, there were so many short positions in a few large institutions, but not too many.

Fang Zhuo's side is at 3:[-] in the morning in Shencheng, so he knew the accurate data immediately.

"32.65, 32.65, hey, hey."

Fang Zhuo didn't give too many comments. Everyone pursues interests and understands each other.

"There are still a few hours, why hasn't ITC announced yet?" Su Wei was waiting with her, but she was already sleepy.

"It's almost there." Fang Zhuo stared at the computer with piercing eyes.

However, it was soon morning.

Eastern time, the ITC has already left work, and there is no mention of Yike's final ruling at all.

"What's the matter?" Su Wei asked.

"This..." Fang Zhuo was also puzzled.

He recalculated the time and called Kong Yu. This ITC is not punctual. Is it necessary to make an official announcement outside of working hours?
Soon, Fang Zhuo put down his phone and gave a guessing answer.

"ITC's ruling may be postponed until Monday. They think that giving the market two days to react may do more harm than good, because Mars3 and Selfy's recent word-of-mouth has a momentum of fermentation. They will directly smash bad news on the trading day, and then use the media to Do your best to sing bad news and smash Yike's stock price in one fell swoop."

This is Kong Yu's answer based on the information he received.

Su Wei rubbed her face: "So, we are in vain?"

Fang Zhuo rubbed Weiwei, also very helpless: "Probably."

Regardless of whether the ITC ruling can hurt Yi Ke, at least, it has murdered two people overnight.

The mood that was raised high fell gently.

Fang Zhuo didn't expect the agencies to be so patient and consider the impact before and after.

As the victim, he had no choice but to accept the facts.

Fortunately, the two days on the weekend also gave the media platform more room to operate, so if you do the math, everyone is not losing money.

Because of the positions announced by Nasdaq, the news that Yike was short-sold still attracted attention as if the old story was brought up again.

Fang Zhuo still didn't respond, so he took a good night's sleep and had two meetings, and the two days passed in a flash.

EST, May 5, at nine o'clock in the morning.

ITC did not live up to everyone's expectations this time, and officially announced the final ruling of the patent lawsuit between Echo and Nokia.

—— ITC found in the investigation that Yike Company violated Article 337 of the law on which the investigation was based, so it issued a limited injunction to prohibit the import of personal data suspected of infringement, mobile communication equipment and related software, hereby announces.

- The Committee decided that the Mars and Mars2009 mobile phone products specified in the import ban should be stopped from May 5, 25.

And just before the ITC announced the final ruling, a number of financial and technology media released similar research reports, showing the pre-sale data of Yike’s Mars3 and Selfy.

At almost the same time period, Microsoft Corporation announced that it would renegotiate patent authorization with Yike Corporation, and that it would conduct an all-round strategic cooperation with Nokia.

Bad news struck, the media clamored, and YIKE plummeted.

In the middle of the night in Shencheng, Fang Zhuo went online, summoned the Tianhe Navy, and summoned Yin soldiers to open the way.

His first tweet was a repost of the media's attacks on big deals and betrayal scams a few days ago, admitting his own mistakes.

——My big transaction is the result of hard negotiations between large institutions, not for retail investors, but I am merciful and let you go, never expecting that you are so sinister.

——But this media is also right, there has never been a king of retail investors, or, everyone is a king of retail investors.

(End of this chapter)