I was born again with 100 million

Chapter 395 Confrontation across the air!

To buy short Inktomi, you need to borrow stock from the platform company first for future investment, and then buy it back after the stock price falls, and return it to the platform company to earn the intermediate price difference.

Lan Yumo proposed to the platform company a demand of 228 yuan per share and 25 shares, which was quickly matched.

The margin is still charged at 25%, with a total stock price of 5700, the future investment has provided a margin of 1425 million yuan.

Immediately, Lan Yumo began to sell the borrowed 25 shares little by little.

When Lan Yumo sold 5 shares, Blackstone Capital, who had been paying attention to Inktomi, noticed it.

The staff responsible for keeping an eye on Inktomi's stock immediately reported to Eric Cohen.

"Mr. Eric, we have just noticed that there is an account that is continuously selling Inktomi's stock, and this account is the latest holding. It is very likely that someone is shorting Inktomi."

"Buy short Inktomi?" Eric Cohen didn't care too much when he heard it.

"Who are they and how many shares do they own?"

"According to the relevant information of the account, the one who bought short of Inktomi is an investment company called Future Investment. They..."

"Who are you talking about? Future Investment?" Eric Cohen, who was not paying attention just now, immediately sat up straight when he heard the name Future Investment.

"Yes, future investment, Mr. Eric, is there any question?" The employee asked carefully.

"It's okay!" Eric Cohen quickly opened Inktomi's stock information and looked at it, and said, "Galen, you continue."

The employee named Galen heard it and said: "According to the shareholding data, they previously held 25 shares, have sold 5 shares, and have 20 shares left. It is not yet sure what they bought short." As for the margin rate, it can only be roughly estimated that the funds they invested should be between 1450 million and 3000 million."

Eric Cohen had already seen the relevant information of Inktomi at this time, and naturally also saw the real-time display of buying and selling transaction information.

"Future Investment actually bought short of Inktomi, do they think they can leverage the stock price of a company with a market value of tens of billions by spending 2000 million?" Eric Cohen's tone was a bit disdainful as he muttered.

But Eric Cohen is also in capital finance after all, so he raised his head and asked his subordinates at this time.

"Have you found any bad news about Inktomi?"

"When I reported to you, other people had already inquired about it, but there is no news yet. It should be that they have not inquired about the relevant information." Galen replied.

"Determine this right now!"

Eric Cohen stood up while talking, and then took the lead to start walking out of the office.

Galen also walked out, and replied, "Okay!"

Blackstone Capital naturally has its own intelligence network. After all, information is the key to finance.

But after some inquiring, everyone did not inquire about any bad news about Inktomi.

This is actually not surprising. Yahoo is undoubtedly very cautious about this matter. They are trying Google's search engine, but they didn't even tell Inktomi, because after all Yahoo and Inktomi have cooperated for so many years, they just wait Come back to Inktomi with the exact result.

What Yahoo knows is only a few relevant responsible persons, and these people will not easily tell the outside world.

As for Google, it is natural that they will not talk to others, and apart from a few core figures such as Larry Page, no one else knows about it.

After getting the result that there was no bad news, Eric Cohen quickly made a judgment.

"It seems that Future Investment is looking for their short target, and this time they have taken a fancy to Inktomi."

This choice of future investment is not too difficult for Eric Cohen to understand, because Blackstone Capital is doing almost similar things.

Considering the crazy decline of Nasdaq in the first two months, they also believe that there will be follow-up fluctuations in Nasdaq, and those stocks that did not fall by a large margin before may face even greater volatility in the next round. The sharp drop has also become the target of short-selling by various capitals.

After making a judgment on future investment actions, Eric Cohen immediately said to Galen:

"However, their choice is still stupid. Do they think that 2 to 3 million funds will be able to stir up the decline of Inktomi's stock, which has a market value of tens of billions?"

When Eric Cohen said this, his tone became extremely sarcastic, and then he said to Galen:

"Eat up all the Inktomi stocks sold by future investment, and at the same time, buy a large number of individual stocks to push up Inktomi's stock price."

"Okay! Sir, I'll do it right away." After saying that, Galen went out immediately.

Galen didn't have much doubts about Eric Cohen's words. Inktomi is a leading Internet technology stock. In this wave of Nasdaq's rising tide, its performance is not bad. Although it is not the best riser, but The trend is good.

At this time, it is obviously easier to push up the stock price than shorting, especially when famous capital like Blackstone Capital enters the market, it will give investors great confidence, and confidence is the most important guarantee for the stock price.

As a result, such a scene immediately appeared in the trading market. Whenever Future Investment listed Inktomi's stock for sale, Blackstone Capital immediately bought it.

In this way, 3 shares were taken by Blackstone Capital, and Lan Yumo immediately noticed it and told Lin Xiao immediately.

"Blackstone Capital is buying a large amount of Inktomi's stock?" After hearing Lan Yumo's words, Lin Xiao was slightly taken aback.

Isn't this a coincidence?
Without rushing to make a judgment, Lin Xiao said to Lan Yumo, "Try throwing some more."

As a result, Lan Yumo immediately listed 5 shares.

Just after the 5 shares were listed, Blackstone Capital took them all up in the blink of an eye.

"Blackstone Capital is very likely to be long on Inktomi's stock." Lan Yumo said to Lin Xiao at this time.

"They not only eat what we sell, but even some other retail investors' stocks are also eating, and because of the entry of Blackstone Capital, the number of people who are currently buying is obviously increasing."

After telling Lin Xiao her judgment, Lan Yumo asked again, "Should we continue?"

"If they succeed in going long, it means we face the risk of losing money?" Lin Xiao asked Lan Yumo back.

"Yes!" Lan Yumo nodded, "According to our current margin rate, it is understandable that if the stock price rises by 25%, we will lose all our money."

"However, according to our previous agreement with the securities company, for the sake of insurance, when the stock price rises to 20%, we will forcibly close the position."

Lan Yumo explained: "Unless we take other actions to prevent the stock price from rising, or increase the margin."

Lin Xiao pondered for a while, and he had already realized at this time that in all likelihood, Blackstone Capital came to go long because it knew that it had bought short of Inktomi, otherwise it would not have been such a coincidence.

But the other party obviously doesn’t know that when I buy short Inktomi, I don’t want to go short with my own funds, but just use the information difference to buy short. These are two completely different concepts.

If it is a short sale, it will require a huge amount of money to invest in it, and use crazy selling to affect the decline in stock prices.

And now, I only need to wait for Yahoo to announce the news three days later. Even if the funds go in and do more, it cannot be saved.

And since Blackstone Capital is so aggressive, it doesn't care about letting the other party bleed some blood while making money.

Thinking of this, Lin Xiao made up his mind and said, "Continue!"

While issuing the order, Lin Xiao also expressed his thoughts to Lan Yumo, and Lan Yumo also agreed.

Therefore, Lan Yumo quickly operated and listed all the remaining 10,000+ shares. Not surprisingly, all of the 10,000+ shares were directly bought by Blackstone Capital.

And because of Blackstone Capital's takeover, after Future Investment sold all 25 shares, Inktomi's stock not only did not fall, but ushered in a 2.3% rise.

After the sale of the 25 shares of Future Investment, the average price reached 230 yuan per share, a total of 5750 million.

Of course, the money will not be returned to Lin Xiao for the time being, and it can only lie in the margin account.

After Blackstone Capital took the stocks sold by Lin Xiao, it did not stop, and began to continue to buy stocks from retail investors. Such continuous handover transactions began to rapidly push up Inktomi's stock price.

By the time the market closed that afternoon, Inktomi's share price had risen by 7.8%, reaching 245.8 yuan per share.

The stock price fluctuation of Inktomi on this day also immediately attracted the attention of many investors and other investment institutions.

Some wandering funds began to prepare to enter Inktomi, so when the market opened the next day, Inktomi's stock price directly opened higher, opening at 250.8 yuan per share.

In this way, the stock price has risen by 228% from 10 yuan per share.

Blackstone Capital Silicon Valley Securities Department.

Eric Cohen had a smile on his face after seeing such an opening trend. Needless to say, more than 1 million yuan has already been invested yesterday. If he chooses to withdraw at this time, the profit has already reached 10%.

But Eric Cohen is not satisfied, because according to such a rise, it is obviously impossible to make Lin Xiao's future investment achieve a relatively large loss.

Eric Cohen's purpose is to make Lin Xiao lose money while making money himself, and at the same time, he will benefit from it.

Judging from the current transactions, Eric Cohen did not see future investment buying a large number of stocks to close the position, which means that future investment is still holding positions.

"I want to see how long they can last!"

Thinking in this way, Eric Cohen issued another order: "Continue to buy Inktomi! Push the stock price up!"

Driven by Blackstone Capital, other funds soon followed, and Inktomi's stock price continued to rise. By the end of the morning, Inktomi's stock price broke through 262.2 yuan, an increase of 15%.

This increase has approached 20%, which also made Lin Xiao feel the pressure.

(End of this chapter)