Reinventing the Millennium.

Chapter 1022 Unmovable (4K)

It rose after the market in the evening and rose before the market in the morning.

YIKE stock is changing.

Just as Paulson was aware of the danger, several hedge funds of large institutions involved in short selling have raised their vigilance, conducted demonstration analysis and reports, and one of them is the grouping of retail investors.

Mr. Fang's influence on Twitter has been shown before, and it is expected to attract retail investors this time, but the movement is too big.

Unexpectedly, the Freetrade trading software popped up out of nowhere. It doesn't even have a web page, it's just an Android application software, but its appearance undoubtedly provides a simple channel for retail investors.

Almost overnight, Freetrade became popular relying on Twitter, Facebook, Android store apps, and the push of Yike's entire series.

Just looking at its communication community groups, you can refresh the excited emotional expressions every once in a while, as well as real-time statistics on YIKE's stock price and earnings.

It is difficult for agencies to assess how many users this software has, and at the same time suspect that the data in it is falsified, and a considerable part of it is meaningless excitement or hatred, neither talking about company data nor value analysis.

In short, Goldman Sachs and Bridgewater have urged the SEC to conduct a compliance review of Freetrade. How did such an obviously prepared platform obtain qualifications?Is there another behind-the-scenes transaction with Yike?Is the influx of users lacking regulation?
Just before the market opened on Tuesday, Philip, the vice president who bleeds twice for Goldman Sachs last month, got a report on Yike's after-hours and pre-market trading.

The newspaper in front of Philip is the "Wall Street Journal", which is still reporting on Yike's sharp drop yesterday. Unexpectedly, today hedge funds are analyzing why Yike has risen again.

"Yikeshi spends money on stock repurchases in real terms, and all the money borrowed by this party is earned from us, which is quite closed."

"Supported by multiple good news, the cooperation of AT&T, the Korean market, um, isn't the Korean market very small?"

"It seems that there are other funds for fishing in troubled waters."

"Oh yes, there are also retail investors."

Philip is the executive vice president of Goldman Sachs, and he is not in charge of hedge funds and related affairs. This time, he only made inquiries after hearing that Yike’s stock price rebounded, but judging from the report, YIKE’s stock price is not a big problem.

Even if it rises back before the market, it is not as much as yesterday.

As for retail investors, that would be a better solution. If you wash the market and shake it a few times, it will naturally be a bad thing.

Philip read the report a second time habitually, and then commented with a smile: "President Fang is quite interesting, you want to punish Yi Ke, and he wants to use Yi Ke to punish you in turn."

He left the report, and said to the fund manager Nadson who came to report: "Someone find Joseph who founded the website, and don't let the T-shirt seller go to the talk show, you put Mr. Fang struggling Give me some branches to prune."

Nedson nodded, this is all for today.

These things that have popped up one by one in recent days may all be related to Mr. Fang. If they can pop up one by one, they can be pressed down one by one.

Philip chatted a few more words casually, and let Nadson leave before starting to deal with his work.

Goldman Sachs will adjust its position in the Asia-Pacific region, and there will be an important meeting tomorrow to discuss the development of new businesses. These are much more important than the stubborn Yike.

Philip felt that time passed quickly while thinking and communicating on the phone.

When the work was almost done, it was already 11:[-] noon. He made an appointment for a meeting in the afternoon. When he saw the report on the table, he suddenly wanted to take a look at Yike's stock price, so he turned on the computer to check it.

YIKE, $149.25.

Philip was stunned for a moment, and refreshed the next page. Sure enough, it was not 149.25, but now it became 150.03 US dollars!
He touched his chin, feeling an emotion he didn't know how to express.

Philip told Nadson to meet him again on the phone in concise language.

Soon, Nadson, who runs a hedge fund, showed up at the office.

Philip pointed to the computer screen: "Say."

"Yike became more active after the opening of the market. We used funds to drop down and once fell to 130 US dollars. However, the attitude of retail investors seemed to be very firm. Mr. Fang opened a YouTube channel to watch the "Harry Potter" movie. I don’t know why the live broadcast attracted tens of millions of people to watch it.”

"More people seem to be pouring in to buy Eko shares, which collectively pushes up the stock price."

Nadson recounted the process in the morning as simply as possible, smashed, failed, and rose again. This group of people seemed to not know what the authority of the ITC is.

While the two were talking, the price of YIKE jumped to $151.

Philip suddenly had a bad feeling, and asked: "You just watch Yike's stock price rise like this? What have you done?"

Nadson replied: "The media's analysis of Yike on Twitter has been widely opposed. We plan to contact several companies in the afternoon to lower the price. The SEC has accepted our report on Freetrade. Joseph is in Washington. looking for him."

He held back for a few seconds, and added: "We reported to YouTube that the party has no movie copyright, and the website has already accepted it."

Philip stared at Nadson, rubbed his face, and felt the dull pain in his forehead that was injured last time.

He sighed: "You are not punishing Yi Ke, you are punishing me!"

When, even retail investors can't handle it?

The media is being attacked on Twitter, and there are all kinds of coerced emotions on Twitter, so just shut down Twitter.

And that Go die website, where is its server?

Philip believes in simplifying the complicated.

Mr. Fang is far away in China. Even if there are resources and connections here, it is easy to exert pressure.

He knows Mr. Fang has an investment in Twitter, but this will not become Twitter's fortress to protect him.

Philip told Nadson again what he could handle, then canceled the scheduled meeting in the afternoon, and began to sit in the office and make phone calls.

At two o'clock in the afternoon, Yike's stock price was hovering at $155, and Twitter suddenly announced that it needed to upgrade the server and suspend access for the next 48 hours.

Just 10 minutes later, the Go die website was hacked, disrupting service.

At 02:30, the SEC approved the formal investigation of Freetrade and will review the compliance and security of this new mobile Internet trading platform.

Joseph has not been found yet, but his website has been paralyzed, and Twitter cannot be logged in, so it will not work for the time being.

Similarly, Smith, the bankruptcy manager who relied on the Internet to start a second business, and people like him who were active in this market also lost their voices.

According to Philip's observation, some people seem to turn to Facebook, but the atmosphere is not as strong as on Twitter.

Affected by these circumstances, YIKE's share price fell as expected under the flood of funds, falling from US$155 to US$140 all the way, almost giving up today's opening gains.

Philip believes that he has given Mr. Fang the greatest respect and attention, which is due to the vigilance brought about by the encounter last month.

So, here we go, the bubble should be burst.

Retail investors are never reliable.

Spit out all the money you took from me.

Philip was in a good mood. The money that Goldman Sachs did not earn in the previous round was finally going to be made up this time.

However, just as he was about to leave work, the stock price of YIKE went up again.

"Philip, more retail investors seem to rush in via YouTube and Facebook!"

"Mr. Fang listed many institutions that closed down last month in the live broadcast room, and read the warning message of Smith, the Twitter and website changes since two o'clock. Many people are downloading Freetrade, which uses Amazon cloud services, we are still negotiating with Amazon."

Philip frowned when he heard that, Boss Fang is really a scourge, and he really can't leave a channel for him to speak out.

He hung up the phone and started looking for calls from Google Schmidt, Facebook Zuckerberg, and Amazon Bezos.

However, whether it was Schmidt, Zuckerberg or Bezos, they all happily rejected the request from Goldman Sachs.

Just when Philip was surprised, at 03:30, Twitter and Go die resumed operations at the same time.

Official Twitter: The server upgrade time was shorter than expected, and access has been restored.

Go die: Fuck the institution, we're still here! ! !

Philip noticed the resistance behind the scenes, and immediately realized that this was not just a matter of Yike.

While contacting the Supreme Emperor Henry Paulson, he lamented that the network cable is not easy to unplug, and the server is not easy to shut down. We still need someone with more weight to act as a lobbyist. Counting it, this is the third time that Henry has dealt with Mr. Fang thing.

Philip gave a concise report after the call was connected.

Immediately, he patiently waited for the next round of decline of YIKE.

Half an hour is enough!

Half an hour is enough for YIKE to rise back to 150 and break through 160...

There was no response from the Supreme Emperor, and Philip watched as Yike's stock price entered a stage of retaliatory rebound and skyrocketing.

In just half an hour, Yike's stock price soared by 14.28%!

At 4 o'clock in the afternoon, Yike's stock price closed at US$162.79, a surge of 117.36% compared with yesterday's closing price of US$38.7, becoming a beautiful landscape on Nasdaq today.

Philip felt a dull pain in his forehead again.

He sat in the office and continued to wait for Henry’s call.

Then I watched Yike continue to rise after the market...

what happened?Why is it still rising?How many retail investors are there?
The phone on the desk rang.

Philip hurriedly reached for it, only to find that it belonged to the hedge fund Nadson.

"Philip, I heard that some of the small and medium institutions that withdrew before are going long!"

Philip was stunned: "They, how, how dare they!"

Nadson said: "I heard that because Twitter and Go die have resumed operations, some people want to take a gamble."

A large organization suddenly softened halfway through its efforts. What is the situation?
It's still mid-May now, and people can't help but recall Yike's crazy market last month. How many times the profit was that!
Can Goldman Sachs do it?Can Bridgewater do it?Carlyle okay?Can Germany do it?
I thought it would work, but it doesn't seem to work.

Give it a go, you don't have to be so crazy, you can go with a 2 or 3 achievement increase.

The stock price of Yike is rising, and the hedge funds owned by large institutions are beginning to come under pressure.

From 4 o'clock to 7 o'clock, for three full hours, Philip sat in the office for three hours, keeping an eye on the changes in Yike's stock price.

It's really, really one of those rare stocks that is silently rising steadily after hours!

YIKE is so motivated.

Finally, Philip received a call back from Overlord Henry Paulson.

"Market problems should be solved by market means."

Philip took a breath, and there was something called market means.

He said hastily: "Henry, there is already a kind of populist sentiment on Twitter. This is not a market problem, not even a financial problem! We cannot allow this to spread! There will be serious consequences!"

It's not the market and financial issues, the source of this emotion... Philip knew exactly what was going on, it was just that Fang Zhuo made a substantial profit by guiding him to Yike.

Irrational emotions are the key, and other serial platforms and trading software provided are all assisting and amplifying this emotion.

Emotions are often not durable, but the naked stock price surge is glued together with interests, and it may become durable.

Henry was silent for a while, and asked, "Can it be more serious than last time?"

The last time it was run on, it was a stampede between institutions.

This time it was just being cornered by a group... In principle, it was not as serious as last time.

Philip swallowed, and said, "It's also very serious, some stock options carry leverage pressure."

Henry said on the phone: "Today is over, I will fly to Washington tonight, you try to solve this matter properly now, maybe, you can fly to Shencheng again."

Philip: "..."

He opened his mouth and replied with some difficulty: "Okay."

Today is over, and there is only one hour left before after-hours trading.

Philip put down his phone and looked at YIKE on the screen in a daze.

However, the last hour was not over for YIKE.

What is the scariest thing about holding a group to squeeze the air?It really works, it really hurts institutions, and it really attracts more and more retail investors and even institutions to join it.

From 4:8 p.m. to [-]:[-] p.m. during the after-hours trading period, YIKE stock is different from yesterday’s gentleness, telling the institutions and funds shorting Yike this time with a populist tyranny that your grandpa Yike is back !
At 8 o'clock, Yike's stock price changed to 184.13 US dollars, a surge of 11.27% after hours.

Philip turned off the computer, picked up the phone, his head was already in a daze.

No, no, not quite right.

This market change is irrational and unconventional, but it also has a strange sense of familiarity.

Although in literal terms, compared with yesterday's $141 before the opening, Yike's 184 today has only increased by 43 US dollars, which is far less fierce than the panic stampede caused by the last short squeeze.

However, the fanatical snowball-like revenge of retail investors revealed in this process of falling, counterattacking, falling again, and pounced again made Philip's spine even more chills.

Last month, as long as Mr. Fang settled the options, the whole incident could be quelled, and large institutions could benefit from it.

This month, did Mr. Fang say that these crazy retail investors no longer hold together?Will they let go easily after tasting the first sip of blood?Can big institutions avoid losses?

Sitting in the car, Philip suddenly had a thought in his mind, Boss Fang has coerced retail investors, who is coercing Boss Fang?
The car rushed to the airport, and the private jet was already waiting to take off.

Mr. Fang, all encounters in this world are reunions after a long absence.

I, Philip, come again to beg you...

(End of this chapter)