Reinventing the Millennium.

Is there any bubble in Yike stock price?

This is a discussion that has become increasingly popular in the US financial media and even the Chinese media in recent days.

The short side has long been using the media to analyze the difficulties Yike is facing this time. The people on the scene include practitioners and senior experts. Now with Paulson’s second voice, although the hedge fund under his name has not moved, it has already It is regarded as a symbol of shorting Yike.

As for Duofang, apart from Fang Zhuo, the major shareholder, Yike Company has performed extremely well in the market itself, and even its competitor Apple has helped speak out about the possible lock-up situation.

If the so-called sales ban can only cause a limited blow to companies such as Yike and Apple that release new phones in the middle of the year, is it still a bad signal that deserves special attention?

A sales ban must be bad news, but if it is resolved from the market level, is it a small bad news, a medium bad news, or a big bad news?

However, whether it can be resolved at the market level is the expectation of different opinions.

For Yike's market situation, once the bad news comes out, the attitude of the cooperative operators and consumers is very important.

Like LG Electronics, as soon as it was banned, the operator Verizon took the LG smart touch screen off the shelves, turned around and hooked up with Yike, which severely hit the development of LG.

This is because LG Electronics' mobile phone product itself is not doing well, but also because it does not immediately keep up with the launch of follow-up products, so it is not difficult for Verizon to make a decision.

Because of the role played by Deutsche Telekom in Europe, T-Mobile is still Echo's first partner in the United States. This situation will somewhat make Verizon unhappy. Now that Echo is facing challenges, the ambitious Samsung is naturally more likely to be included in the in-depth cooperation category.

Since Shenxin Kechuang and Xiangjiang Huanyu both hold more than 5% of their shares, they must go through the process of announcing a pre-reduction plan. Although they both said they would liquidate their stocks, according to SEC regulations, even if they use block transactions, this time they can only Can sell 2%.

"Aren't you more likely to be short-sold like this?" He frowned. "A major shareholder of US stocks like you pledges stocks, will you announce it the next day? Even if you continue to buy, everyone will still think that you are at the end of your rope."

"I'm looking to see if you're cute enough." Yu Hong quoted a sarcastic comment from Paulson, the big short.

Fang Zhuo sighed, Xiaobao's first utterance was fine, it might be that he was caught by Wuxin, but he uttered it for the second time, most likely he was really eyeing Yi Ke.

President Li stopped talking around in circles: "Do you need funds?"

Yu Hongduo asked, "What does this useless mean?"

Yu Hong frowned and nodded. She admired Boss Fang's calmness.

Signals from institutional shareholders can be seen as bringing about the downside.

From the beginning to the end, the risk of Shenxin Kechuang and Xiangjiang Huanyu is that they may see profits beyond imagination and deliver some of their holdings, thereby easing the run created by the short squeeze.

It seems that Samsung is ready to take over - Oppa, let me shoulder the glory of Android.

Before this phone call, he had already had a small meeting and had a certain degree of analysis on Yi Ke.

This work is handed over to Yu Hong to perform it personally.

T-Mobile has cooperated since the release of Mars1, and has also used Yike mobile phones to poach many other users. It firmly stated that it will at least take off the banned products until the last moment when the ruling takes effect, and will actively Do a good job in the sales of Mars3.

If Yike can't pay it back, he can sell the real estate company's stock, Sina's stock, Bingxin's stock... he can pay back the money no matter what.

The small and medium-sized operators in each state have no big problems, but the two top four operators T-Mobile and Verizon that Yike currently cooperates with are different.

Knowing this, Yu Hong flipped through the documents and asked, "Have you not named it yet?"

"Well, I don't need it now." Fang Zhuo said slowly, "But the president also knows Yike's current situation. In the future, I may need to pledge a sum of money with Yike's stock, okay?"

Fang Zhuo chatted leisurely: "It's this gust of wind, what do the domestic media write about me?"

In any case, Xiaobao still made a lot of money for himself.

Fang Zhuo smiled slightly: "I really don't need... well, wait, President, it's not impossible."

This is a small judgment of the direction of competition.

In the end, when Yu Hong said, "Should I choose the wrong LG again?", Verizon said something, but it only promised not to remove Yike's mobile phone in the first place.

President Li is not afraid.

Yu Hong smiled: "Don't let the BlackBerry go beyond the signboard line, the name is 'online meeting'."

Mr. Fang is not only a family member in the relationship of his own director, but also a family member in a broad sense that is more valued.

"This is a to B solution. It is mainly to increase our business attributes. It can be made the best. If it can't be done, there is something that can be perceived by users." Fang Zhuo concluded in one sentence and stopped talking about it. "We are still in Sell ​​mobile phones."

When Yu Hong heard this, she considered it carefully: "Unfortunately, the signal sent by Xiangjiang Huanyu has increased the exaggeration of the short side."

This is the case with SEC regulations. More than 5% are considered "big" shareholders and need to go slowly.

The difference between the two is 10.31 US dollars, and the market value of Yike has dropped by 11.3%, from 260 billion to 230 billion US dollars.

Yu Hong had heard Mr. Fang briefly talk about his preparations for the company at the financial level before, but now she deeply feels that everything is going on, and Shenxin Kechuang and Xiangjiang Huanyu are about to be locked up.

President Li's heart froze. Sure enough, it is easy to have financial problems when raising funds to support the bottom line.

Samsung has updated the time of the launch of the new phone on its official website, directly adjusting it from June to April 6.

"Prepare for a rainy day, maybe I'm just shivering." Fang Zhuo said calmly, "President, don't be afraid, I have enough money now, just plan for a rainy day."

"Retribution..." Fang Zhuo laughed dumbfounded, and answered the initial question, "Yike's situation is pretty good, and we don't need funds."

"Okay, President, I know that your family operates a money printing machine." Fang Zhuo smiled.

He picked up another document, and was about to continue talking about his belated report when a domestic call appeared on the mobile phone in his pocket.

The final judgment is that even if the sale is banned, it will not destroy Yike all at once, and the ensuing alliance between Yike and Apple will force Nokia to sit down and negotiate. This will certainly be a difficult period for Yike, but it will not will fall.

"Any name is fine, just something simple and straightforward that people can understand. Well, Schmidt and I have also talked about the business direction of the update after Android. I hope to reduce the share of the BlackBerry system to less than 5% this year. "Fang Zhuo said.

He suddenly thought of Bing Xin, and added: "I mean, Yi Ke's side."

"The richest man in the mainland is about to change hands, Yike Company is about to collapse, and Fang Zhuo is getting retribution for shorting others. That's about it." President Li has read a lot of related reports, and the closer the date, the more pessimistic he is.

But even so, Yike's stock price is still falling. If the 80 level is shocked and falls below, it may be another round of decline.

"In a long-short game, the short side is trying to exaggerate the unfavorable factors, while the long side is trying to minimize the impact." Fang Zhuo said with a smile, "When necessary, T-Mobile's attitude can also be shown to everyone by our partners. Confidence."

"I doubt that Verizon is already in talks with Samsung to work more closely, or that T-Mobile is more sincere."

The experience that Yike has learned from the ban on the sale of LG is that we must try our best to stabilize the channels of telecom partners and strive for buffer time. This is the company's key response to the ruling result.

He didn't comment on Xiaobao. He reached for the document on the table and handed it to Mr. Yu: "If the plan remains unchanged, you will find someone to promote our business ecology in June. This online conference software we developed ourselves , you can try to use it for everyone.”

"If you need funds, ICBC can provide assistance." President Li is very straightforward.

Last year, Apple moved its press conference to March because it followed 3G, and this year, it moved it to May because of the ITC lawsuit.

Fang Zhuo changed his mind and asked, "Is the president going to help me or ask me to help?"

Today happened to be the latest bottom of $80.69, which was the result of the statements of institutional shareholders such as Shenxin Kechuang and Xiangjiang Huanyu.

In addition, following Apple's launch in May one month in advance, another manufacturer also followed up in a low-key manner.

"Do you think we should adjust the launch time to May like Apple did?"

"Hello, President Li." Fang Zhuo pressed the phone and said with a smile, "What's the wind, call me today."

"They are signals. Whether it is a call auction or a large transaction, if the signal to go is sent out, they will be over." Fang Zhuo explained, "5% major shareholders have a six-month lock-up period after the sale. Enough for us."

Ok……

Although Fang Zhuo's relationship with him is relatively friendly, they don't have much communication on weekdays, but they exchange blessings during festivals.

This person's level is relatively high.

If the ITC’s ruling is really speeded up as rumored, it is likely that the sale will be banned next month. The review process of the commanding office is up to 2 months, and this point can be picked up in late May. If it is still June, Then there will be a gap.

"What are you looking at? Is there a flower on my face?" Fang Zhuo suddenly noticed that Mr. Yu was staring at him.

In addition, the news that Yike Company has just repurchased its shares is also regarded as a response.

President Li showed some concern: "I mean, what do you think about Yi Ke?"

President Li tried to understand that in the future, there may be a shortage of money to raise funds to the point of pledging stocks.

Now some people are shorting their own family members. Isn’t this kind of shorting also possible to backhand the shorting, as long as Yi Ke can survive this period of time.

"Don't worry, don't mess yourself up." Facing Mr. Yu's inquiries or suggestions, Fang Zhuo thought carefully, "The company can arrange it like this first. For the specific time of the press conference, let's look at the situation next month first. By the beginning of May at the latest, we can still make a decision."

This is better than the treatment of LG mobile phones, and it can only go to this extent.

Mr. Fang was short-sold until he was at the end of his rope, let's work harder!
Isn't that how it is understood?

He added: "As for Verizon and Samsung, they are also expected to be approached."

This is also because Fang Zhuo, the major shareholder, continues to attract money, which is also regarded as the support of genuine silver.

Now, even if the stocks in their hands have not been liquidated, the remaining shares are still locked.

The stock price peak of Yike in the last month was 91 US dollars, which was the feedback after the three major market leaders spoke on Bloomberg.

However, what is more subtle is that both T-Mobile and Verizon are subconsciously talking about the handling of the injunction ruling, rather than whether Echo will win the patent lawsuit with Nokia.

The same can be said to a certain extent when President Li ended the call.

She suddenly drew inferences, the major shareholders left the market slowly, if the company's stock price rises, how will Mr. Fang make more profits?

Yu Hong tactfully left the CEO's office with the documents.

In a blink of an eye, Yu Hong herself had the answer. There are so many restrictions beyond the placard line, and it is enough for unrelated third parties not to exceed the placard line.

The caller was Xingchang Li, the head of ICBC.

In the end, I still tried to make a software by myself, and the internal beta is not bad now. If the optimization can be released in June, it will be promoted at the press conference.

This time in May is changed with the ITC changing judges and news.

She actually wanted to talk about it together with Shenxin Kechuang. After all, the signal released had a greater impact. However, considering the relationship between Wang Fenggou and Mr. Fang, the situation here is worth deliberating.

Yike Company started to use online meetings for a long time, and bought and changed several foreign software, but there will always be unstable phenomena.

"The bank has some funds recently, and President Fang may be needed for help." President Li said directly.

After a few seconds of silence, he said, "Boss Fang, please contact me if you encounter any problems."

Fang Zhuo glanced at the screen, gestured to Mr. Yu, and threw the written report over.

"My side...is okay, there is a lot of money, enough." Fang Zhuo said sincerely.

What's more, China's local market is still improving, so don't be afraid that Mr. Fang will not be able to pay back the money.

In comparison, Verizon's attitude is more ambiguous, and has not given accurate words.

"Xiangjiang Huanyu is useless." Fang Zhuo heard Xiao Yu's implication, and added, "Shenxin Kechuang is useless to us, don't pay attention to them, you should focus on the company In terms of preparations, no matter what, the company has to do the most preparations."

President Li has an opinion from the top internal team, and believes that Mr. Fang's current fund-raising action is based on such considerations.

As long as the short side is unprofitable, it will be Yi Ke and Mr. Fang's victory.

Such a victory needs to face many vicious short-selling institutions, and even a Wall Street short-selling king. It is bound to be difficult, but ICBC is willing to provide a certain degree of help at this time.

Mr. Fang has worked very hard overseas, and he cannot be allowed to sweat, bleed and cry.

President Li put down the phone and continued to instruct his top financial team to pay attention to Yike's situation at any time, and be sure to provide timely help.