Reinventing the Millennium.

Chapter 990 Long-Short Game (4K)

Yike Company encountered a long-short game.

This is the main style of American financial, technology and related media reports.

In the early hours of the morning, the Chinese media who paid attention to the changes in Yike's stock price had a variety of reports.

The domestic reports are not limited to the performance of the stock market, but seriously discuss the current situation of Yike Company-following the patent litigation with companies such as Nokia, and now facing a short-selling game, where does Yike go?

Over the past period of time, "Huaxia Securities Journal" has been paying attention to the institutional speeches and market performance surrounding Yike.

However, this time, it really didn't expect the situation to suddenly become so intense!
In the two days of the 23rd and 24th alone, the market value of Yike has fluctuated by 30 billion U.S. dollars. According to the current exchange rate of 6.81, there is room for 200 billion Huaxia coins!

However, it looks far from over.

At the very least, the results of the patent litigation related to Yike's stock price have not yet been released.

No, in the case of major shareholders firmly attracting funds, the outcome of the lawsuit will not matter so much in a short time.

Fang Zhuo's response to this person was very straightforward: "Why do I say that shorting institutions is shameless?"

is that useful?
On Sunday evening, Citigroup adjusted the rating of Yike stock - Sell!

This looks more like a shot for Monday's chicken blood.

Later, some netizens in Europe and the United States noticed one thing. Yike’s Amazon, operators, and official website channels have all adjusted the prices of Mars1 and Mars2. The name is to welcome the arrival of the third generation of Mars, but recent attention People in the company can easily understand the meaning.

Yike Company's book funds have always been very full, but it took out 10 billion US dollars at once... This is still news that is difficult to distinguish between pros and cons in the long run.

On Saturday, March 3, which was the first day after the ITC’s preliminary ruling, Yike announced that it had obtained long-term credits from ICBC, BOC, and CCB, totaling 28 billion Huaxia coins, equivalent to 30 million U.S. dollars.

When he opened his eyes, he saw the latest news from Yike.

Everyone is waiting for Monday's situation and whether there will be more news on Sunday.

Observer Tao Ye hesitated for a few seconds, did not follow the script, but expressed his true feelings: "The situation Yi Ke is facing this time is more complicated, everyone has to see for themselves."

"Eco's stock price is likely to crash next week, and the ITC's ruling is extremely weighty."

At the same time, Huaxia was at nine o'clock in the morning on the 28th. It was extremely rare that multiple CCTV channels reported on Yike Company.

"The situation is obvious, Mr. Fang, I want to remind you that Sina's stock price has fallen by 8%. How long can you maintain the practice of tearing down the east to pay for the west? Is this the strategy of the second best president in the world, Gao Ming? This year in 2009 I'm sure you'll be on the list as the worst president ever."

Not only the audience in front of the TV was stunned, but also the host was stunned, Master Tao, what do you do?

Previously, it rated Yike stock as Hold (temporarily held), and now it is adjusted to Outperform (better than expected). At the same time, it also mentioned Yike’s stock price target to $110, thinking that it can break through $100 tomorrow whole level.

——"Nokia CEO Kallasvuo Kallasvuo stated that Yike will be banned from sale soon"

There is no doubt that Yike is very busy from top to bottom, and all departments from marketing, legal affairs to publicity are also actively responding to the situation.

——"The Pro Alliance is on the verge of disbanding, Microsoft is negotiating to acquire Android", Fake News! !
—— "Fang Zhuo was rushed to the hospital due to ITC ruling", Fake News! ! !

Well, there is no doubt that Yike on Monday doesn't know the situation, and Sina on Monday is sure to drop again!

This unconventional announcement once again detonated the relevant media and practitioners.

On this day, Yike's stock price showed a "V" shape.

—— "It is reported that the ITC is about to make a preliminary ruling"

—— "Sina submits major shareholders' pledged shares information to SEC! "

——"Burst!Three well-known short-selling institutions are pessimistic about Yike's stock price! "

From this point of view, a very critical question is on the table, how much money can Fang Zhuo, the major shareholder, put forward?

—— "Motorola countersuits Yike for infringement! "

"Mr. Fang mobilized funds, and Yike repurchased shares. Even if the ITC ruling is unfavorable, they are obviously prepared to deal with it. As Mr. Fang said, is Nokia ready for continued failure in the smartphone field? Yike's stock price There may be a dip, but there will never be a flash crash."

——"Google CEO Schmidt refuses to comment"

On March 3th, China time, with the emergence of more companies, people, and information, a classic scene appeared on CCTV's "Securities Time" at 27 o'clock in the morning on the financial channel.

With the emergence of this news, Yu Hong, President of Yike America, told reporters that he may reconsider the scale of Yike's stock repurchase.

How to carry it?Carry it with money!
Can you bear it?have no idea!

On the afternoon of March 3, Sina announced again that the major shareholder Fang Zhuo had reached a block transaction of 28% of the shares with the Bank of New York at a transaction price of US$2 million. This price was lower than many people expected, but it was also understandable.

It is now generally believed that the ITC will announce a preliminary ruling on the Nokia-Eco patent lawsuit on Monday, March 3th.

Only on Saturday, the company considered expanding the scale of repurchase funds, such a change is extremely rare.

If you look at it yourself, why do you need an observer!
But he quickly echoed: "It is true that there is a lot of information surrounding Yi Ke these days. Because of the distance, it is difficult to distinguish the true and false information, and everyone needs to pay attention to screening."

——"Yike's stock price rises against the trend, is it a bubble or a rebound? "

However, even if the country is relatively optimistic, it is only talking about whether it will collapse or not. This round of bad information really makes people unable to support the rise of Yike's stock price.

Is it buying or selling?
On Monday morning, the Nasdaq opened, and the financial market gave the most intuitive answer.

No, it's not over yet!

The situation is very unfavorable!
On March 3th, U.S. time, at 27:[-] p.m. on Friday, ITC uncharacteristically announced the preliminary ruling on the patent lawsuit between Nokia and Echo during non-working hours, affirming that Echo infringed on two Nokia mobile phone patents, and the products involved were the first generation And the second generation of Mars, which is all the mobile phone products of Yike today.

——"Oracle notifies Android company that it intends to discuss patent issues"

After Fang Zhuo, a major shareholder of Sina, reduced his shareholding by 2%, he once again pledged some of his Sina shares.

He didn't know if it was from Yi Ke's handwriting, but if it was, it would be considered serious and lively.

Nokia spokesman welcomed the preliminary ruling from the US ITC.

Xiong Xiaoge called Mr. Fang on Saturday night, thinking that if it was convenient, we could have dinner together and listen to the misty news up close, but there was a meeting on the other end of the phone.

——"Burst!Yike sells shares in Android company", Fake News! ! ! !
Fang Zhuo on Twitter turned on the mode of identifying fake news, picked up nearly [-] different media reports in a row, and denounced this as a common trick of short-selling institutions to fish in troubled waters.

At the same time, he informally talked about the latest repurchase plan of Yike Company on Twitter, considering increasing the size of the fund to 10 billion US dollars, thinking that this can effectively prevent shameless short-selling institutions.

To crash or not to crash, that is the question.

What really helps is...

Finally, Yike shares fell back below $100 at the close, closing at $99.86.

If at this time, there is someone playing tricks on Sina, Mr. Fang will catch fire in his backyard!

Nasdaq has been closed, and Yike stock has not responded yet, and it will take two days to digest the relevant news.

However, this is hardly a bargaining chip for Yike in the face of short selling.

Facing the media, Yu Hong, president of Yike America, said that she would appeal the ruling.

When Xiong Xiaoge saw the news, he immediately became more aware of the seriousness of Yike's current situation.

Nokia, Microsoft, Oracle, Motorola, LG, and Wall Street's well-known short-sellers Paulson and Andrew...all of them are well-known, but the Google and Android camps that previously supported Yike remained silent.

He suspects that Mr. Fang has already used almost all of his chips in order to deal with the flash crash that may be faced tomorrow. It is very troublesome for the major shareholders of US stocks to pledge their stocks. What is involved is that they have no right to propose proposals after pledging their stocks, and they lose their voting rights when voting at the shareholders' meeting. etc.

However...the management headed by Wang Yan should not have any problems. Sina has not had any threatening shareholders in recent years. Apart from possible complaints, this backyard is probably stable.

Shares stabilized.

—— "Microsoft may re-examine the infringement incident of Yike mobile phone"

Unfortunately, most of them are disadvantaged.

Xiong Xiaoge waited all morning and didn't get any more direct news, but at noon, he saw Mr. Fang's tweets.

Previously, its rating on Yike stock was Hold (temporarily held), and now it is directly adjusted to Sell (recommended to sell). At the same time, it also lowered the stock price target of Yike to $70.

Among them, the most critical is the informal statement of ITC officials.

Two well-known institutions have almost diametrically opposite rating views.

This scene has been breathtaking.

The long-short game reached a new level on Sunday night.

The money has arrived!

In addition, there is news that Google and Samsung are getting closer...

There have been comprehensive channels, financial channels, Chinese international channels, society and law channels, and news channels that have more or less talked about the development of Yike Company and the situation and prospects it is facing.

Combined with Paulson's official entry and announcement of a $2 million short position, ITC's news is likely to be true.

From the opening to the closing, the representatives of the long and short sides who were active before remained quiet.

However, they soon saw the information screened by "Securities Time".

——"Heavy!Paulson, a well-known hedge fund manager on Wall Street, shorted Yike! "

Even Xiong Xiaoge saw the latest online ad - go to Amazon and buy out-of-print Mars.

Yike stock fell sharply by 5% at the opening, and then the main force entered the market. A large number of buy orders appeared in the market to eat all the sell orders, and it rose to a new high of $100 during the session.

Many viewers only vaguely know about Yike being short-sold and the stock price rising, but they don't know much about the specific information.

The allies seem to want to leave, and everyone in the world wants to kill.

At the same time, Sina spokesman also said that tomorrow will submit new information to the SEC.

Fang Zhuo responded: Paulson, don’t get loan results, are you such a short-selling king?
Paulson's response was just a funny smiley face with no words.

This is confirmed by the little information he saw about Yike working overtime on Saturday and Sunday.

On Thursday, Yike Company has officially launched the stock repurchase, and the last stock price of this week closed on Friday was 98.96 US dollars.

Paulson, the king of short-selling, paid close attention to the trend of Yike’s stock price today. Although he was a little disappointed in his heart, he still said: The opening situation is already obvious. As one bad news after another bursts the bubble of Yike’s stock price, everyone will know the final result .

——"Fang Zhuo, the head of Yike, and the CEO of Google appeared together to break the false rumors! "

Is this soul-stirring?

Google CEO Schmidt was interviewed by reporters in Silicon Valley, but he just left in a hurry, unwilling to answer questions about Yike.

Xiong Xiaoge wandered around New York City, and it took a long time to fall asleep that night.

The host asked Tao Ye, an observer, about a company listed on the U.S. stock market: "Teacher Tao, what do you think of Yike's recent performance in the U.S. stock market? What expectations do you have for its future?"

As Yike's long-short game in the stock market intensified, in just two days, more people and companies stood up.

Buy stock!

However, the blood recovery rookie Dennis who raided Fang Zhuo's talk show before appeared.

However, what more people don’t know is that after Xiong Xiaoge finished handling IDG’s official business, he felt the intense long-short game atmosphere in New York. Domestic media and various friends are also talking about Yike.

This was the end of another exchange between the two.

—— "Sony Ericsson is about to launch a new Android phone! "

The money has arrived again!
Product Promotion Clearance!
Yike Company released signals one after another on Saturday, which was interpreted by many organizations as Fang Zhuo was going to carry it to the end.

—— "Google to solve patent troubles, or consider quitting Android company", Fake News!

The head of Yike took the initiative to refute the rumors on Twitter.

Until the end of the evening, Fang Zhuo posted a smiley face on Twitter, and then expressed his thoughts: I just said that our well-informed investors will not be affected by one-sided, positive and future interests with vested interests. The impact of confirmed reports, well, continues to hold.

Now, the domestic financial media has two completely different views.

Almost at the same time, Goldman Sachs also adjusted the rating of Yike stock - Outperform!

There are a lot of market news, long and short mixed, and factors such as enterprises, institutions, officials, and banks surround Yike stock, making it difficult to judge the prospects.

Is there any confidence in the stock market on Monday?have no idea!
Just carry it!
A series of messages were transmitted to China, and Zhihu’s co-founder Xiong Xiaoge, who had been quiet for a long time, couldn’t help but groan, and spoke out the aspirations of many people: Why do you suddenly have a soul-stirring feeling?
He didn't specify what caused the emotion, but it is known in the comments that Mr. Xiong is still concerned about Yi Ke's affairs.

"Friends, I heard that a hedge fund paid a researcher $8500 a month as a deposit last year to encourage him to do more research on a certain real estate company, and then the researcher submitted a different name on a famous investment information website under an alias. article in favor of the firm, guess which hedge fund this is?"

Blood recovery rookie Dennis: "..."

Bleeding rookie Dennis: "..."

Blood Rookie Dennis: "..."

(End of this chapter)