Reinventing the Millennium.

Shorting failed miserably!
That's the opinion of all viewers who watched the CNBC Money Channel talk show on the morning of March 3.

The short-selling trio was very classy when they first appeared on the stage. The host introduced various resumes and backgrounds. They are definitely the elite of the elite, which gave the audience a strong anticipation for the confrontation.

However, this long and short meeting from online to offline showed a one-sided state.

Isn't it very fierce on the Internet?How come face to face like this?

It was still a surprise attack launched without people's knowledge!

That's it? That's it?
That person pointed at your nose and scolded you!

The scene is too ugly.

Even some hedge fund managers who had known the news in advance and watched the raid with great interest had to admit that Fang was good at this!Picked the wrong occasion!It's time to list Yike's bubble performance one by one on the text media such as Twitter.

Or, considering CNBC's extensive influence, we should open up the program group in advance, let them show textual things like Twitter on the spot, and use reason to defeat the incited atmosphere on the scene.

However, even so, I don't know if the surname Fang will respond to other moths.

And during the half hour of hesitation and silence, the previous Twitter comments had already been spontaneously marked with "stupid X" and "urgent", which made him feel a mouthful of blood in his throat.

Fang Zhuo: You can wait for a while.

Seeing this situation, Fang Zhuo finally took the initiative to find Paulson and interacted with him on Twitter: Paulson, you should be responsible for your customers, they don’t give you money to make you addicted to funds The scale of the aura.

Yike's stock price fell in response, falling from 86.70 to 83.16 US dollars, which was lower than the stock price before the show started.

However, Paulson's plan to use his own entry to poke Yike's stock price was overwhelmed by the repurchase plan.

It is useless to argue, it is better to invest money.

The king of short selling wants to make a move? ITC's bad news will appear?

Until eight o'clock in the evening, there was an update on Fang Zhuo's side.

Paulson replied quickly, using a sentence from today's talk show: I am rich.

That night, Fang Zhuo met with the Gasoline Man.

As if there was a tacit understanding, poor Andrew, who performed poorly on the show, became more and more angry after leaving the TV station, and directly updated the organized fund analysis on Twitter one by one.

Everyone is waiting for Mr. Fang to continue buying stocks with real money.

——The board of directors has approved a share repurchase plan. According to the plan, Yike will repurchase shares of up to 6 million US dollars in the next 3.5 months. The start time is scheduled for Thursday this week, and the process is managed by financial management consulting The firm, Goldman Sachs, is in charge and will end Sept. 9.

Fang Zhuo: Then what are you waiting for?Just come and be short.

——We know that there have been a lot of gossip outside recently, such as Paulson, Andrew, etc. who say they are shorting us, and there are some one-sided remarks such as the ban on sales, whether the bubble is not bubble, and the connection of the new machine is not good, but ah, let us tell you , those are not true, Yike's stock price still has room to rise, and the current stock price is still undervalued.

Lu Peining hesitated for two seconds and asked, "Mr. Fang, that's not what I mean. I'm asking you from a personal point of view. Is it really okay for you to support Yike's stock price like this?"

Fang Zhuo talked about the raid interview and confirmed the sale of Sina stock in the car on the way back, and then he saw the pursuit of Wall Street bounty hunter Andrew.

Yike also said the company plans to fund the buyback from its existing cash balance.

On Monday, that was the moment when Yike's stock price rose explosively.

$3.5 million share repurchase!

Just half an hour after such a conversation took place, Sina reluctantly made an announcement that Fang Zhuo, the major shareholder of Sina, would reduce its shareholding by 2% in the form of a block transaction.

Fang Zhuo smiled: "You even know this? This is really concerned, I am very touched."

Fang Zhuo, the head of Yike, showed the influence of real money.

Lu Peining hesitated again and again, and still asked: "Even if the final ruling is announced? At the very least, shouldn't Yike advance the press conference?"

The talk show is live.

Fang Zhuo pondered, ITC also wants to give the market time to digest the bad news.

"What if it's not stable?" Lu Peining had to say a few more words today, "Should we be more cautious?"

"There will be no problem with the MIGA fund. The good news will be released one by one. The competition in the financial field is not just for a while." Fang Zhuo explained slightly, "As long as the stock price is stable, after this period of time, the strength between us and Nokia will be determined." If it is reversed, there will be no problem if it is stable.”

Because of the character limit on Twitter, he posted 15 tweets in a row, all of which @fangzhuo, which aroused a small crowd.

And Yike's current stock repurchase is undoubtedly sending a signal to the market and large and small shareholders.

The financial media exploded!

Jesus: Mr. Fang, why do you dare to continue to increase your holdings of Yike shares at this time?

However, this rally ushered in a turning point in the afternoon.

I am coming.

"Don't worry, Kong will always make a move." Fang Zhuo said calmly, "He's a genius, he said, he's just squeezing the air right now."

After the dinner between the two parties was over, he received a call from Xiao Ao's staff member Lu Peining.

Who is it for?it goes without saying.

Half an hour later, Paulson declaratively updated Twitter: I'm coming.

This time, and for the third time, Paulson, the short-selling king who raked in more than 200 billion U.S. dollars during the financial crisis, finally announced his admission.

Both sides come for real!
Come on! Come on!

But many people are paying attention to the movement, and believe that there will be new situations. After all, that is Paulson, the king of short selling.

Correspondingly, Sina shares fell 2.3% in a hurry.

In just one day, the stock prices of the two listed companies fluctuated, and No. 1, the most influential hedge fund, made it clear that it would short Yike.

So far, the head of Yike has completed the day's friendly exchanges with short-selling institutions.

Fang Zhuo also nodded: "Paulsen is really good, this time he used his own money... he really has a sense of responsibility."

As soon as the announcement of the listed company Sina came out, the American financial media and Twitter first went crazy.

Many media reporters around the world, the mobile phone industry, the financial industry, and people who eat melons are waiting for the opening of Nasdaq, planning to witness the gradually fierce confrontation between Yike and Duo.

2% of Sina’s 1.1 million-dollar stock has not yet been officially traded, and Yike’s stock repurchase plan has not started until the day after tomorrow, and neither of the two funds has yet been invested in the stock market.

At the same time, Yike's board of directors will periodically evaluate the stock repurchase plan, and may adjust the repurchase conditions and scale.

Five minutes later, Fang Zhuo spoke again, reminding the other party: Paulson, you should protect the interests of your clients instead of indulging in the influence of the so-called short-selling king. There is an abyss ahead of you.

Hedge Fund No.1!
The second best president in the world!

Andrew refreshed Twitter from time to time, and when he saw such a reply, he was struck by lightning, and he felt that it was wrong to reply, and it was wrong not to reply.

From talk shows to Twitter conversations, from stock price rises to setbacks to rebounds, from the reduction of Sina stocks to the entry of personal funds, from I am rich to I'm coming to I am rich and then to Come on.

"Mr. Fang, Yike's stock..." Lu Peining knew that part of the MIGA Fund's funds were used, and it was Yike's stock that he bought.

Even though the reputation of financial institutions is not good today, Paulson's almost mythical profit performance still makes him admired by many people and has gained great influence.

Dazzling and dazzled.

It's that simple.

On March 3th, there was still one day before Yike started the repurchase plan. On this day, the stock price still rose without hesitation, breaking through $25 at one point, and finally closing at $100.

As of the close, Yike’s stock price rose by 7.8% to close at US$94.80, directly breaking through the 90 mark, with a market value of US$270.86 billion, both hitting record highs.

After 30 seconds, Fang Zhuo gave his final response: Come on.

Now we are waiting for the ITC's first trial and final ruling.

Many media began to look back on what happened on March 3, reporting the performance of the talk show, reporting the long-short confrontation, and reporting the patent dispute between Nokia and Echo. At the same time, they also began to predict the stock price performance of Echo on the 23th. .

This Paulson really thinks that Yike's stock price is in a bubble. If that's the case, he should just make money by himself.

"Do you also think there is a bubble in Yike's stock price?" Fang Zhuo asked rhetorically.

Paulson: Doesn't it exist?

Paulson: Haha, thank you Fang, as you said, thank you for teaching me how to run my hedge fund.

Really rich, really dare to buy!
This is the signal released by Yike Company and its leader Fang Zhuo!
The stock repurchase method of U.S. stocks is mainly a combination of open market and private agreement repurchase, but this time, Yike Company adopts open market repurchase.

Moments later, he said, "I'll have another funding announcement over the weekend."

Two days before and after, Kong Yu had to lament the influence of the king of shorting: "Mr. Fang, once Paulson entered the market, several hedge funds also stopped waiting and really started shorting the company, Niubi!"

Generally speaking, stock repurchases have different motivations, such as signal transmission, financial leverage, free cash flow, dividend tax avoidance, control market, stock options, wealth transfer and other explanations.

That night, on behalf of Sina, Fang Zhuo personally negotiated with the Bank of New York on a large transaction of Sina stock, and almost finalized the price of 1.08 million US dollars.

With the poor performance of the short side and the news revealed on the program, Yike’s stock price fluctuated in real time, rising from $84.63 to $86.70, an increase of 2.45%.

No, Mr. Fang, are you serious?

Paulson: I'm waiting for your money to continue driving up the stock price.

I use my own money, what does it matter to the customer?

Before Nasdaq closed at 4 p.m., Yike’s stock price rose again to $87.94, a 4.4% increase from the opening price.

The short-seller Paulson showed his influence.

At this time, Yike Company, which had previously reported the news of the stock repurchase, officially issued an announcement.

The value of this part is preliminarily estimated at around 1.1 million US dollars, because the specific price of a large transaction is related to the transaction object.

Lu Peining did not answer directly, but notified a message: "ITC will announce the preliminary results of the patent lawsuit between Nokia and Echo as early as this Saturday, which is not good for Echo."

Nasdaq opened in the morning, and Yike rose sharply by more than 10%.

Lu Peining didn't respond, nonsense, no one cares about whose money it is.

Will it rise, fall, or fluctuate?
Tuesday, March 3, at eight o'clock in the morning.

He thought about it and said: "Let's go back to China, the panic in a short period of time can be squeezed to the strongest."

"No, Mr. Fang, I suspect that Paulson got the news from the ITC. At noon today, Chicago said that it seems to be Paulson's private words. The ITC's preliminary review is really coming down soon." Kong Yu said seriously. Said, "Because of such news, Paulson is not willing to let clients make money, and directly uses his own money to make profits."

Fang Zhuo: Do ​​you really think there is a bubble in my company?

"No problem." Fang Zhuo said without hesitation.

Paulson also updated Twitter, and the content is also very simple: Yike?funds?
With the voice of the most famous short seller nowadays, fund managers posted the latest ITC news on his twitter. It seems that some sources believe that the preliminary trial results of the Nokia-Eco patent lawsuit will be ushered in in the next three days.

ITC's news is like a sieve.

"I even suspect that in two or three days, there may be room for a run on the tradable shares in the market!"

Fang Zhuo: Hahahaha, because I truly believe that there is no bubble in Yike.

Paulson has just broken the record of the most profitable fund manager on Wall Street, and he is a real rich man.

He responded to a question that appeared to be from an ordinary netizen.

From four to six in the afternoon, both sides were calm.

Kong Yu knew that the boss was asking about the last harvest time.

Perhaps the performance of the short-selling institutions reached the ears of the short-selling king, perhaps Paulson really got the news, or maybe Paulson finally completed the research and judgment on Yike Company.

"Well, let's wait until Nasdaq's short position at the end of the month is disclosed." Fang Zhuo said, "Where do you think I will fit in then?"

Last night, the head of Yike replied to netizens' questions. His words "hahahaha, because I really believe that there is no bubble in Yike" are still in my ears, and this morning once again proved that he really believes in Yike's future.

But it was enough to spark enthusiasm.

Yike's stock repurchase plan has really landed!

When Fang Zhuo heard this, hey, it made sense.

In Paulson's previous two remarks about Yike, he has never made it so clear that he wants to empty Yike.

Many comments under this tweet mentioned the performance of Yike stock after the market opens tomorrow, and believed that it would be greatly affected.

come on.

Then, in the early hours of the morning, the major Chinese portals urgently paid attention to the news about Yike and Sina, and began to update the situation synchronously.

As long as it is confirmed that the short position is greater than the outstanding shares, the announcement time of the option will be after the stock market closes on Friday afternoon, so that they have two days of weekends to make them crazy.

He updated his twitter, concise and to the point: In a hurry?

Lu Peining smiled: "Mr. Fang, I'm even more worried. Is the risk too high?"

"The higher the risk, the greater the profit." Fang Zhuo replied seriously.

Lu Peining gave a different opinion: "I still think that the funds can be safely placed now..."

Fang Zhuo interrupted: "At least a profit of [-] million."

Lu Peining frowned, concentrated, thought, and said: "It is to respect professionals."