Reinventing the Millennium.

Chapter 1029 [5 Financial Tragedy]

On Nasdaq on Monday, YIKE’s share price closed at $609.15.

The market value of Yike Company is fixed at 1740.43 billion US dollars, once again surpassing Google, IBM, and Microsoft, becoming the company with the ninth highest market value in the world.

Last week’s retail investors have attracted the attention of many people. The weekend’s Twitter paralysis, GO die being hacked, Freetrade’s censorship, Nokia’s re-suing and other factors have brought together more complaints and conspiracy theories…

These organizations are too rogue. If you can't win a head-on confrontation, you will make moves behind your back. What a shame!
The performance of the retail investors has been very good this time, but it is a pity that they still have to be stabbed severely!

It is really sympathetic that Yike Company will be strangled by the combined forces of market, finance and administration!
It's really frustrating... Uh, uh, uh, what's going on?
Come and see!Yike and retail investors killed the institutions!

Goldman Sachs is liquidated!Carlyle throws in the towel!Bridgewater has exploded!Dexi retreated!Ying Shi Man lost money again!

Paulson, Paulson is said to have run away! !
Simply, this is simply the 5 financial tragedy!

what happened?what happened?Why did a large organization die suddenly in one day?
This is even more exciting than the short squeeze in April!

In the last round, there were two days of news brewing over the weekend. This news will be released directly before the opening of the market, and then pulled from the beginning to the end, directly blasting all the hedge funds that dare to short!

Yike, is this still an ordinary mobile phone company?
Or, Yike, is this still an "ordinary" company?
Why was it suddenly overturned by the White House?
The last time ITC's final ruling was overturned dates back to 22, 1987 years ago!

When YIKE's one-day rapid progress is over, the factors that lead to the organization's tragedy are brought into view again.

Today, the white room press conference before the opening of Nasdaq is presented again and again all over the world.

Michael Floman, representative of the Trade Office, announced the will of Aoxiu in the office of the White House East Wing - to overturn the ITC's decision to issue an injunction against Apple and Yike.

He then explained his reasons for doing so.

"This is a decision based on the impact on the development of the mobile phone industry and the impact on American consumers."

"The ITC should take a comprehensive look at the public interest implications of its ruling on standard-essential patents."

"Nokia can continue to express its rights through appeals, but we encourage companies including Nokia, Apple, Echo, and Motorola to resolve issues through dialogue and negotiation."

Froman's voice echoed in the office, and what he expressed directly shocked all the media reporters present.

ah?What?overthrown?
Apple and Yike?
No, you didn’t see Yike’s share price squeeze last week?

Wouldn't such an overthrow directly untangle Yike?

All the reporters present understood the situation and could almost predict what would happen, ignoring the frenzied gestures before the questioning session.

Froman also ignored their enthusiasm, and still explained the reasons slowly.

From last month to this month, the public opinion he saw was discussing the issue of patents and industry development, discussing the de facto "patent troll" behavior, discussing that the prosecution of banning sales at every turn has become a means of unfair competition, discussing these The situation has materially hurt American consumers.

It is this kind of public opinion that urges the Austrian government to make bold and responsible decisions.

Floman explained the logic of the decision carefully, with reasons and reasons, and encouraged the mobile phone industry to continue to make progress that is beneficial to consumers.

The Q&A session was lively.

"Froman, do you know that this decision will increase Yike's stock price?" The first reporter came up to ask about the stock price.

Froman said confidently: "We have made a very careful assessment. Patent disputes are not the most important issue for investors. A truly professional investor only cares about whether the product is growing, whether the profit margin is increasing, and whether it is transitioning to a new field. And other issues."

Real investors are like this, as for fake investors... we can only evaluate the former.

"This move by the White House is likely to make this lawsuit the most dramatic case in the history of the ITC. Froman, do you think this is really responsible? Will the judgment of Yike and Apple’s infringement, and Baifang’s hasty overthrow weaken the value of patents and discourage innovation?” Another reporter almost reprimanded the decision just heard.

Froman retorted: "First of all, our decision is not rash. You can read the discussion of patent trolls and nearly ten companies in patent wars in the past period of time. Second, we have noticed that the enthusiasm for innovation in the mobile phone industry has been hit. It is only a prudent suggestion that mobile phone manufacturers should solve the problem through dialogue and reconciliation."

Through this question, he tried to leave the focus on Apple's innovation.

However, almost all of the reporters' questions were directed at Yike.

Fortunately, this press conference is not long, and 10 minutes is fleeting, and the enthusiasm for asking questions has to be transformed into motivation for reporting and attention to the follow-up situation.

Froman politely thanked the media reporters who participated in the press conference, put away the manuscript, and ended the heavy decision that led to the May 5 financial tragedy.

In any case, the decision has been made, and what needs to be explained has been explained.

Such a short press conference has been watched by many people for a long time. Just as the media reporters frequently mentioned "Yike" to worry or predict, YIKE's performance in the next trading day caused all hedge funds to end bleakly.

However, in addition to this important decision, the abnormal situation of today's intraday trading also puzzled the onlookers in the industry.

Why didn't the hedge funds of Goldman Sachs, Bridgewater and other large institutions cut their meat in time after hearing the news?
What are you people waiting for or superstitious about?
What happened to Nasdaq's temporary suspension and rapid resumption of trading?

Why did the SEC just express concern about stock price fluctuations and not take action?

All kinds of abnormalities combined with the carnival of retail investors made people in the financial circle feel more complicated and shuddered.

Although the YIKE market on this day is full of irrational brutality, there must be someone who is meticulously planning a game, carrying out cold but effective temptations, and finally completed a financial hunt that shocked the world.

Perhaps, since the Yike short-squeeze case ended in April, well-known hedge funds thought they had entered a familiar battlefield, but in fact, this was another slaughterhouse that had been planned for a long time.

However, in the last round of slaughter, it was the small and medium-sized institutions that dared to short Yike, and the big institutions escaped by chance. In this round, even they were bloodletted and cut off.

In the abyss ahead, greed is a sin.

The king of retail investors is in the East!

　The sun is so good, I went for a walk with the baby in the afternoon, and there will be more tomorrow.

　　
　
(End of this chapter)