mesbooks Chapter 991 Serenity (4k)
Chapter 991 Serenity (4k)
The ITC released its preliminary ruling.
See you on Nasdaq on Monday.
However, to the disappointment of some people, Yike held on to the stock price.
Verdict!
Didn't work?
If the stock price is really supported in this way, can Yike and Nokia really reverse their strengths?
This is a question facing many institutions, investors, and practitioners in the mobile phone industry.
And, there is also a very important thing that comes into view, can it really support the stock price?
The scene on the previous CNBC show was widely circulated on Twitter on Monday night.
——I am rich.
The bounty hunter Andrew who was once labeled as "urgent" is not as rough as the rookie Dennis, and he is not afraid of being called out by Mr. Fang for the dirty things that need to be supervised. He carefully summarized the financial information of the Yike Department, I think it is impossible for Yike's stock price to be lifted like this all the time.
1, Sina 2% has been sold for 1.04 million US dollars.
2. Some of Sina’s pledged stocks did not disclose the specific amount. It is estimated to be between 2 and 5 million US dollars, because according to SEC regulations, major shareholders can only pledge up to 50% of their holdings. bigger.
3. Long-term credit from Huaxia domestic banks, worth US$4.4 million.
4. Yike Company launched a $3.5 million stock repurchase. Considering the company's normal operations, the news of Fang Zhuo's release of a $10 billion scale is likely to be far away.
This is the scale of funding that has been clarified today.
Well, such a list, considering the potential financing capacity, does have the qualifications to last for a while.
The problem is that the preliminary ruling basically determines that Yike will lose the case. According to the information given by the ITC, the final ruling will be made before May, which is now one month.
Can this "for a while" last for a month?
Andrew made it clear that this would be the last month of Yike's collapse.
By the way, he also disclosed that his hedge fund held a short position of $2.5 million in Yike.
The bounty hunter on Wall Street didn't just talk about it, he really ended up.
People from all walks of life on Twitter analyzed today's battle situation. Some people talked about funds, and some people talked about the market. Under this atmosphere, the performance of Yike's stock market on Tuesday came unexpectedly.
Similar to Monday, when Nasdaq opened on Tuesday morning, Yike’s stock price still fell by 2%, and then it was sold out, and the stock price rebounded to 101.23 US dollars. As of the close, Yike’s stock price was stable at 100 Above the dollar, it settled at $100.85.
This evening, Citigroup still firmly reiterated their rating on Yike stock, Sell.
Instead, Goldman Sachs updated the rating, Buy!
They gave a more detailed opinion: "In the past two days, there has been a huge change of hands in Yike's stock, and the trading volume has increased significantly, reflecting that the gap between long and short has begun to increase. The game is very fierce, but Yike's abundant cash flow, starting The stock repurchase and the firm support of major shareholders are like a beautiful combination of punches, pushing the stock to a price of $100, which can better reflect the company's value."
"The heaviest punch in this is Yike Company, shareholders' repurchase and stock increase. The decisive entry of real money into the market not only reflects their determination, but also brings confidence to investors. Now Yike has already Excellent investment value."
On Tuesday night, Fang Zhuo couldn't help sighing as he read the rating opinion from Goldman Sachs.
"Professional, or Goldman Sachs professional."
There were only three people in the office. Kong Yu, the head of the MIGA Fund, was sharing the supper, and Yu Hong, the president of Yike America, was reading the report.
When they heard what the boss said, they all looked up at Boss Fang.
Yu Hong couldn't help asking: "Are you boasting that Goldman Sachs, who is in charge of our stock repurchase, is professional in rating this time?"
Fang Zhuo shook his head: "No, I'm praising Goldman Sachs for its professional style of doing things after receiving money."
Really collect money, really do things!
Just like the year before last, Goldman Sachs took money from Paulson, a big short-seller, and it was really called a CDO. Now it is still under investigation because of this matter.
Kong Yu divided the supper, and said sincerely: "Goldman Sachs is still very pure."
Afterwards, he shook his head again, regretfully saying: "Unfortunately, today is still a little bit short to complete this encirclement."
Today is the last day of March.
Institutions, media, investors, stockholders, and passers-by are all paying attention to Yike’s stock price changes on Tuesday, while Fang Zhuo and Kong Yu are also concerned about the disclosure of short position information from the exchange Nasdaq.
On the 15th, according to authoritative data from Nasdaq, the short position was 18.2 billion US dollars, accounting for 7% of the total equity.
After half a month of long-short trials, games, information, and discussions, the two disclosures that Kong Yu regarded as key moments before turned a page-32.68 billion US dollars!
Almost doubled from half a month ago!
However, this figure accounts for only 11.35% of the total share capital, which is still lower than expected.
The biggest reason is that Yike's total market value is pushed up faster than short-selling institutions can withdraw money.
At present, the shares that can be controlled by one's own side have increased to 84.18%, and the remaining 15.82% of the tradable shares in the market are still 4.47% more than the positions of short-selling institutions.
This result disappointed both Fang Zhuo and Kong Yu.
Calculated according to the current market value, this part of the position space is worth 12.87 billion US dollars.
Still quite a lot.
Fortunately, this is a two-way rush.
Fang Zhuo will get one share, and the bears will get another share. If you stick to it until April 4th, you will be able to unlock the conditions for a run.
In these fifteen days, first of all, the stock price should not be allowed to crash, and secondly, the higher the stock price, the better.
"Obviously the king of short sellers has entered the arena, but these people are still not short Yike! Are they still human?" Fang Zhuo took the supper handed over by the gasoline man, and he was quite angry at not being able to encircle him this time.
Kong Yu took a sip of the soup and let out an "uh".
In fact, the short sellers are really working hard, spending 14.48 billion U.S. dollars in half a month, which is much more refreshing than venture capitalists.
However, even with Paulson raising the flag, the institutions hit by the financial crisis are indeed more cautious, or in other words, cherish their money more.
Kong Yu is also reflecting that the use of Mars3 by Mr. Fang and Yi Ke to dispel the final ruling of the ITC may be too effective.
Now it is true that a considerable number of ordinary investors believe that Yike's stock price still has room to rise, and they also believe that Mr. Fang has enough funds in his hands to survive this period of time-although they do believe that they are right.
The world's second best president and his smartphone products have also gained many fans in the past two years.
In addition, the fate of Nokia, Microsoft and other giants this time, and the hunting of short-selling institutions, also has an atmosphere of lonely heroes in public opinion.
All kinds of factors are superimposed, and many short-selling institutions are still weighing.
"Mr. Fang, this may still require a signal from your side." Kong Yu thought carefully, "But how to give it is also very particular."
The actions of major shareholders affect the whole body.
The time must be before the 15th, and the scale must not collapse the confidence of ordinary investors.
"Do you think it will work now if I pledge Yike shares to ICBC?" Fang Zhuo asked the gasoline man for his opinion.
They all thought that this was feasible before, and the major shareholders needed funds to directly pledge Yike shares, so they couldn't hold it anymore, right?
However, this action needs to be disclosed to the SEC the next day, which can easily lead to ordinary investors smashing the market.
Kong Yu thought about it in his mind. The 15th is Wednesday. It is possible to take advantage of the two days before the weekend when the market is closed to release news so that institutions can continue to enter the market. On Monday and Tuesday, we can continue to control the price of funds, but...it is not safe.
In the long-short game in the past two days, although there were also actions to smash the market, in fact, there were not many short-selling institutions participating in the funds.
The short-selling agency’s shorting of Yike this time is to use the bad news on the surface to make momentum, rather than forcibly using funds to burst the bubble of Yike’s stock price.
They generally believe that with the ITC's ruling at the bottom, the stock price of Yike can be self-defeating.
"Mr. Fang, why don't you use it?" Kong Yu suggested according to the situation of the past two days, "We can try the ice core."
Fang Zhuo frowned.
Kong Yu sped up his speech: "It's not that I really want to move Bingxin. It just so happens that Goldman Sachs is by my side this time, and Goldman Sachs is a shareholder of Bingxin. We pretended to use Bingxin's urgent sale of shares as a bait to let Goldman Sachs or some institution quietly reveal This matter."
"It's hard for ordinary investors to get such news, but the short-selling institutions are very well-informed, and they probably know Bing Xin's position on your side, Mr. Fang."
"Even the ice core has to be moved, which proves that there is really nothing to do."
"In the middle, some news such as banks' refusal to continue to grant credit will be mixed in, and the final share can be made up no matter what."
Secret, true, verifiable gossip!
Even Kong Yu himself loves this bite!
Fang Zhuo thought for a while, and sighed: "The short squeeze is not good. This process is also full of pressure and suffering for me. You don't know, the last time Schmidt saw me, even his eyes changed. "
Yu Hong, who had been eating supper silently, said, "Well, it should be better than being squeezed."
Fang Zhuo ignored Xiao Yu, talked about the last share space, and said from the bottom of his heart: "This is all using ice cores, I also want to see how far they want to push me!"
The other two people in the office didn't answer the call. Boss Fang was under too much pressure, so don't speak to irritate him anymore.
After a while, Yu Hong said: "The news that the company can release here is that the three major markets are stocking up normally, especially the US market and the channels of the two operators, T-Mobile and Verizon. Our Mars3 is stocking up normally."
"Also, our press conference can really mention May."
The latest news from the ITC is that the final ruling will be given before May. Although there is still time to continue the June conference, she is now worried about changes in the Android camp.
A few days ago, Schmidt came to New York and confirmed that he will indeed attend the conference that Samsung mentioned in April.
This is also a signal.
Yu Hong doesn't want Yike's operation to be in chaos.
Fang Zhuo was more straightforward this time: "Okay, then you all study the appropriate time in May, and you will be present at this press conference."
"What am I going to say? Nokia is burning?" Yu Hong said, this is the word of last year's press conference.
"I think it's time to announce this year that Yike is one of the leaders in smartphones," Fang Zhuo said.
Yu Hong pondered. The first thing she thought of was the chip design cooperation in Silicon Valley. If it can be successfully commercialized next year, it will be more confident to say so.
However, after thinking about it, this year's atmosphere is special. If Nokia and Microsoft fail to kill Yike, it's okay to boost morale.
"Some people in the company are still in panic." Yu Hong talked about the internal morale of the army. No matter what, patents and rulings are powerful.
"Persevere, your boots are already on the ground." Fang Zhuo took a breath, "The situation will turn around soon."
Yu Hong nodded, she had already heard the time node, April 4th, the day of the short crucifixion.
Nasdaq's disclosure of short positions did not cause much trouble.
This is a routine twice a month, and everyone has become accustomed to it.
The real concern is still Yike's share price.
However, the performance of the stock market on Wednesday eased unexpectedly, without too many declines and rebounds, and Yike’s stock price fluctuated moderately around $100, as if the intense long-short game was just a flash in the pan.
However, everyone believed that the action surrounding Yi Ke was not over, and there must be an undercurrent.
Fang Zhuo couldn't tell if this was the case, he just had continuous negotiations with Microsoft, Oracle, Sony, Apple, and Verizon.
Here, the telecommunications operator Verizon tentatively proposed the idea of reducing the sharing ratio.
Such a proposal at such a critical moment almost made Fang Zhuo angry.
Verizon has always been a shaky partner, and this is just another example of business talking business.
He did not immediately refuse, and delayed the time for the talks between the two parties because of the importance of the matter, and then contacted AT&T, the largest operator in the United States.
AT&T has been cooperating with Apple, with occasional polite contacts between the two parties, but nothing sparks.
This time, in order to prevent Verizon from defecting and Samsung to instigate behind the scenes, Fang Zhuo thought that T-Mobile would be able to negotiate cooperation with AT&T and Apple.
Contact needs to be done in secret. Instead of giving profits to Verizon, which has repeatedly hooked up with Samsung, it is better to create a bigger cooperation cake.
From Wednesday to Friday, Yike's stock price remained strangely stable.
Including Twitter, Paulson and others were strangely silent, and the gasoline man's vest organization in Chicago also did not receive any useful news.
Fang Zhuo estimated the situation in his heart, and he was probably plotting to use his strength.
On Friday night, he suddenly received a call from Liu Suyi from Yongke Real Estate.
"Mr. Fang, Yongke Real Estate can loan funds to Yike, and we are ready." Liu Suyi came up and said, "Funds were tight before, and I dared to call you after coordinating the money these few days."
He continued: "The shares of Yongke Real Estate can also be pledged, and I have communicated with the shareholders.
Fang Zhuo asked, "How much money did you prepare?"
"10 billion!" Liu Suyi replied sonorously.
Fang Zhuo said kindly: "Okay, Mr. Liu, I know what you mean."
He continued: "Well, don't be in a hurry. I don't have to worry about it. Yongke Real Estate still needs to develop more, and the more money should be spent on myself."
Liu Suyi was relieved and hung up the phone silently.
Sina, I want to change with you...
After the update yesterday, I saw two more alliance leaders...
Thanks to "Rainy Night Without Knife and Umbrella" and "Guo Bohu" for their love.
This... add more, make up more, I think February is a good starting point.