Chapter 994: Time is running out for short sellers (4k)
On Wednesday, Nasdaq once again announced short positions.
This time, Fang Zhuo's position was considered complete. "A Little Guihao" immediately began to make pre-flight inspections and preparations. Kong Yu used official data to verify his judgment and quickly perfected the final details.
As for Yu Hong, she is the head of the U.S. market who is deeply involved in patent disputes, and she can finally focus all her energy on the company's series of responses.
The vortex of the financial market is often a series of numbers, and the disputes over patent competition are often a line of regulations.
But the terminal is the core. After the turmoil of finance and patents, market performance is the long-term solution.
Yu Hong hopes to take advantage of the changes in the coming period to win better development for Yike Company. Factors such as Nokia, Microsoft, Oracle, Verizon and Samsung that stand in front of her cannot be avoided and need to be resolved one by one.
The short position of US$4.212 billion proves that institutions are not optimistic about Yike in all aspects. Compared with 1.82 billion a month ago, the scale of funds has increased by 2.31 times, accounting for 15.6% of the total equity.
This data satisfies Fang Zhuo, but it has undoubtedly become yet another piece of negative evidence from the public opinion level.
Even Goldman Sachs cannot speak out of conscience now and quietly adjusted the rating of Yike's stock from "buy" to "hold". The reason is just a simple sentence - "Obviously, Yike is facing challenges."
."
Of course, according to Fang Zhuo's malicious speculation, this may prove that Goldman Sachs also has hedge funds involved, and it has to respect the prospect of greater interests.
And as the gasoline people say, this is pure.
From Wednesday to Friday, for three consecutive trading days, Yike's stock price has fallen from a high of 96.46 to less than 90 US dollars. The main force of taking orders has become weaker and weaker, which further confirms that the funds of the major shareholder Fang Zhuo are likely to appear.
serious problem.
At the same time, Twitter continues to remain silent and does not accept interviews from the media. Some reporters have conducted special reports based on various situations and information.
For example, "From the Second Best in the World to the Second Worst in the World", "The Failure of Yike", "The Dilemma of the Dark Horse in the Industry"...
It has to be said that Yike mobile phone, which was the first to launch a commercial selfie function, has indeed had an impact on the mobile phone consumer group. What's more, it has been the leader in the Android camp in the past two years, and its rapid growth has been called
Industry miracle.
The end of a miracle always makes people feel inexplicably emotional.
The preliminary ruling on the ban, the hostility of the world's giants, the confrontation of short-selling institutions, the desertion of partners, the tightening of the capital chain, the decline of the secondary market... It is natural for Yike to end in this situation.
In other words, if you don’t die, who will?
On the morning of Friday, April 17, Fang Zhuo organized the materials he had used for research and entertainment while flying, and planned to take off back to China at 3:30 p.m.
However, at ten o'clock, secretary Liu Zonghong reported something: the private plane's itinerary was leaked online.
"Is it accidentally leaked or are the media and tabloids keeping an eye on it?" Fang Zhuo was a little surprised, but he didn't really care. "Let it be leaked. It won't kill me now."
It's hard for Liu Zonghong to say, if it were him, he might be very angry.
For safety reasons, he still suggested: "Since it has been leaked, let Mr. Kong wait until we fly to domestic airspace before making the news public."
Fang Zhuo said "hmm" and acquiesced to this approach.
Liu Zonghong immediately contacted Mr. Kong. He knew that Mr. Kong was eager to try today.
After a while, Fang Zhuo found that there were more phone calls from the media contacting him. It was obviously affected by the leak of the itinerary.
He had been silent for the past few days, but now there is new news that he is returning to China. I don't know how to speculate.
Almost no call was answered, but a reporter from the China Securities Journal who had arrived in New York a few days ago but was declined to be interviewed rang the number.
"Mr. Fang, I heard that you are going back to China. I wonder if we can take a chance and go back together?" Reporter Tao Ruohong avoided the word interview.
However, once you hear it, you will know what the real purpose is.
Fang Zhuo relaxed at this time and said with a smile: "The Securities News and I are old friends, so there's nothing wrong with catching up. You can come directly to the hotel after lunch."
Tao Ruohong was overjoyed. Before he came, he thought he could interview Mr. Fang smoothly because of his connections from China. He didn't expect that everyone would be treated equally. Now from the tone of his voice, he seemed to have hope for an exclusive interview.
She thanked Mr. Fang and gave the detailed number of people. She and the photographer were taking the flight back to China together.
The call to domestic reporters ends.
Fang Zhuo thought about the leaked itinerary and called Lu Peining to inform him that Yike's stock price has not been strongly supported in the past few days. The encirclement has been established. The short sellers will never act at this price.
Right, stock price is no longer important.
Lu Peining received a call from Mr. Fang. Because there was a vague notice before, she immediately guessed what might happen and asked, "Will there be any good news?"
"It will be there in two days." Fang Zhuo moved the time back, and this statement was not wrong.
Lu Peining believes in and respects professionals.
The rest of the morning was spent in thinking. I had lunch with Yu Zongzong. The two didn't talk much. They only talked about a latest benefit for global employees that would be released at work in the afternoon.
A portion of the stocks previously repurchased by Yike will be used as employee incentives to stabilize military morale in the face of challenges.
Normally, a company's repurchased shares are either canceled or used as treasury shares. The latter no longer distributes dividends and does not have voting rights, but can be used to reward employees. This is the right time for Yike now.
Before leaving, Yu Hong asked about the arrangements: "When will you come back?"
"It depends on my mood, wait until they invite me back." Fang Zhuo said with a smile.
Yu Hong nodded: "If it's after Samsung's press conference, then we can communicate online."
This month there will be a new phone launch from Samsung, which is said to be extremely blockbuster.
Fang Zhuo agreed.
At one o'clock in the afternoon, the Rolls-Royce, which had not moved for several days, picked up two reporters from the Securities News and set off from the hotel to the airport.
However, as soon as the car drove for a while, Liu Zonghong said: "Mr. Fang, there are cars following behind. They may be people from the media."
"The media was very enthusiastic and even sent me off specially." Fang Zhuo said with a smile.
Reporter Tao Ruohong saw that Mr. Fang was in a good mood and said boldly: "Mr. Fang, I heard that you are taking a flight back to China. Someone has already sent you off on Twitter. The Wall Street bounty hunter Andrew said 'Farewell, Mr. Fang' and also
A fund manager said, ‘Welcome Mr. Fang to come back’.”
Fang Zhuo sighed slightly and did not express his opinion.
That's it, he no longer has any passion to communicate with these people on the Internet.
Tao Ruohong couldn't help but feel a little regretful that she didn't wait for Mr. Fang's comment.
But she remained patient. Since she could travel on the Qingzi together, she would be able to dig out some valuable information along the way.
The convoy moves forward.
Vehicles that appeared to be media also followed obediently behind.
All the way to the airport, the car behind them finally sped up, lowered their windows, and revealed their identities. They were actually a team of reporters from the major newspaper "The New York Daily News."
Fang Zhuo thought for a moment and signaled the driver to pull over to the side of the road and stop.
Less than one kilometer away from the airport, the American media finally interviewed the head of Yike, who had not shown up in recent days.
The News reporter did not waste time and got out of the car. Mr. Fang did not get out of the car. He squatted by the car door with a microphone so that Mr. Fang would not have to look up at him. Then he asked: "Mr. Fang, I heard that you are going to return to China. How about this?"
is that true?"
Fang Zhuo nodded, confirming the accuracy of the news.
The reporter asked again: "Mr. Fang, do you need to go to China to raise funds?"
Fang Zhuo shook his head, guessing wrong.
The reporter asked again: "Mr. Fang, do you still firmly believe that Yike's stock price is not in a bubble?"
Fang Zhuo still didn't answer, just smiled.
The reporter was a little helpless. Why didn't he ask three questions in a row?
He decided to let the head of Yike play freely: "Mr. Fang, we all know that Yike has encountered many situations during this time. You are about to return to China now. What do you want to say?"
"What do you want to say?" Fang Zhuo finally spoke, and after pondering, he slowly said, "I have actually said a lot during this time, whether it is on news channels or Twitter platforms, and many of my words have even been compiled into quotations.
."
"I did have a lot to say, but my words were always taken out of context."
"At the moment when I'm about to leave, I have nothing left to say. I just want to hear what they want to say to me."
Listen to what they want to say to you?
The reporter immediately followed up: "Mr. Fang, we can put this on Twitter and now you can see what they want to say to you."
Fang Zhuo smiled and waved his hand: "No, wait until I get to China and see. That's it, don't follow me anymore."
The squatting reporter made a small request: "Can I take a photo for you?"
Fang Zhuo waved his hand by the car window, thinking it was not necessary.
But the reporter took advantage of the situation and took this picture.
Rolls-Royce and the convoy continued on their way.
The reporter from the New York Daily News stopped pursuing the interview and began to think about the emotions in the information revealed by the head of Yike.
Yike has come to an end. Mr. Fang is no longer proud. Want to hear other people’s voices?
It seems that this is not the case, Mr. Fang spoke quite calmly.
This interview may only be a short message, but the photos are of some value - the airport is in the distance, and Mr. Fang in the car just waved his hands, with a serious look on his face full of abjection.
The news reporter simply organized the content, took out his mobile phone, opened Twitter, and posted a piece of content and a new photo.
——Mr. Fang is about to return to China, what do you want to say to him?
The reporter himself posted the first comment: This is what Mr. Fang said himself. He has nothing to say, but he just wants to hear what you want to say to him.
That’s not a long-winded article for the New York Daily News, but it’s perfect for Twitter.
Just as the Qingzi took off from JFK Airport at 3:30 in the afternoon, American friends held a warm farewell event on the media platform.
Mr. Fang was so high-profile before, but now he flies away quietly like this.
Coupled with the continuous decline in Yike's stock price, it is so topical!
——Short comment on Mr. Fang, he has lost the courage to face the problem squarely.
——Come on, I know you need to lick your wounds.
——I’m leaving this time. I don’t know when I’ll see you again. I hope I can short you next time.
——Mr. Fang abandoned Yike.
——Fang Zhuo is right, he made Yike successful, but now he has also ruined Yike.
——Mr. Fang flew away, leaving only Rich behind.
Some netizens keenly discovered that Mr. Fang’s last update on the Internet was not on Twitter, but on the Q&A community Quora.
——Fang Zhuo paid attention to the question: What is the status after bankruptcy?
This dynamic was so funny that it immediately set off a wave of communication.
Including some media, several short-selling institutions, and many people who like melon are giving suggestions, sharing their experiences, and encouraging Mr. Fang.
If the boss is down, he won’t go bankrupt, right?
How much money did you borrow, or how tight is the capital chain?
The jubilant mood spread on Twitter.
Mr. Fang left, but Le Zi stayed.
This atmosphere lasted until 10:30 in the evening, when Yike suddenly held a press conference.
The media had made an appointment in advance and postponed it to the evening, but the reporters attending the meeting did not know what to announce at such an unconventional time.
While they were waiting, they made bold guesses, thinking that it was most likely that Yike was going to make changes to the board of directors and management, and that founder Fang Zhuo would most likely be kicked out to eliminate the previous impact.
However, what surprised them was that the press conference was hosted by an unfamiliar bald executive.
The man who called himself Kong Yu seemed a little nervous. He did not introduce his position. He was still a little stumbling in the first two sentences, but he soon became smooth and briefly reported the information about Yike's secondary market.
"Shareholdings of shareholders of Yike Company include Shenxin Kechuang holding 3.7%, Xiangjiang Huanyu 3.16%, the company's talent option holdings 3%, listed company Sina 0.3%, MIGA Fund 4.9%, and major shareholder Fang Zhuo holding 49.24%.
"
"And, out of trust in the company's prospects, the chairman of Yike Company used call options to lock in a total of 25% of the stock for three consecutive months in October, November and December last year."
"Currently, our total disposable equity is 89.3%."
The reporters in the audience were quite confused. Call options? Disposable equity?
Kong Yu took a deep breath and announced again: "As of 10:40 pm on April 17, our total disposable equity is 89.3%."
He couldn't help but savor the information over and over again, and said for the third time: "Our total disposable equity is 89.3%!"
Some reporters have gradually come to their senses, and their expressions are gradually horrified. It seems that there is an alarming turning point in the long-short game?
Some reporters directly asked: "What does this mean?"
Kong Yu raised his wrist, looked at his watch, and said solemnly: "There is not much time left for short sellers."
Time is running out for bears!
At 10:40 pm on Friday, April 17, the latest information from Yike was that the total disposable equity of Yike’s first series was 89.3%.
Information loaded on Twitter.
Just as soon as it appeared, the cheerful fund managers who were still immersed in the cheerful atmosphere suddenly stopped smiling on their faces, their typing fingers and... it seemed that their heartbeats also stopped.
Huh? Misread? Fake news? Call options? Three months at the end of last year?
89.3%?
10.7%?
Wall Street bounty hunter Andrew happened to be in front of the computer, and subconsciously typed out a sentence that came to his mind.
