This conference call was attended by many people, including Song Yang, Whitman, Lane, Kravis from KKR Group, Deutsche Bank Addison, etc. Evan Spiegel was also allowed.

join.

The atmosphere of the conference call was quite good, especially for KKR Group and Deutsche Bank Investment Bank. The share price of Double Click on this day was somewhat beyond their expectations. They originally expected it to rise to more than thirty US dollars, and more leeks would be added tomorrow.

Market, let Creamer and his gang invest more, and finally pulled the trigger, but unexpectedly, on the first day, Double Click's stock price soared to more than forty dollars!

Evan Spiegel, who was sitting in the conference room, was so distracted that he didn't hear a word at all. All he could think about was the $1 million Double Click stock he bought this morning.

For Evan Spiegel, who has been short of money since he was a child, it is not that he has never seen money. Being able to come up with a million dollars in cash is enough to prove everything.

But even Evan Spiegel's views were also affected today. He bought about 250,000 shares of Double-click stock with one million U.S. dollars in the morning, and now these shares are worth more than 1 million U.S. dollars.

Twelve million dollars!

This is almost what Evan Spiegel's parents have saved for decades. Even his father may not be as good as Evan Spiegel. After all, when he sells his stocks, he gets cash, and his father,

It is absolutely impossible to come up with more than 10 million US dollars in cash.

Now Evan Spiegel really feels why so many people are flocking to Wall Street. If Creamer and his gang win today, they will probably earn several times more.

This thing is like betting on stones. You can be poor with one hand, rich with one hand, live in a big villa with one hand, or you may end up in the emergency room with one hand...

People who play double-click stocks today are basically the same. Those who buy it immediately gain a lot of money. In one day, they get a lot of money that they will never get in half a lifetime or even a lifetime. There are also unlucky guys like Kaiden who have saved for generations.

His family's fortune was reduced to ashes in one day.

Song Yang glanced at Evan Spiegel, who was sitting there in a daze with silly smiles from time to time. He shook his head and asked Kravis on the phone, "In other words, is there anyone else coming in today?"

"Although it's not clear who it is, there must be people from Wall Street entering the market, and the funds are very large!" Kravis said over the phone. At the close of the market today, it was obvious that someone was rushing to raise funds for Double Click stock, and they were doing so at any cost.

.

After Song Yang heard this, he paused and said, "Will these people's entrance have any impact on our plan?"

"Won't!"

The speaker was Addison, who sounded in a good mood, "I saw several familiar "old friends" entering the venue, including Paulson!

As long as the major shareholder of Double Click does not transfer the equity, and we do not sell the equity before the options are settled, no matter who enters the market, it will not affect the result!"

The Wall Street gang has all fought against each other. Just by looking at the trading routines, you can basically understand who is playing. Addison obviously recognized the people from Goldman Sachs.

Goldman Sachs entered the market at this time, and Addison could vaguely sense what Paulson wanted to do. On this kind of matter, everyone always kept a clear understanding and cut the leeks together.

Hearing that Goldman Sachs, a big short seller, suddenly entered the market and double-clicked the stock price to go long, Song Yang had a strange look on his face.

"I suddenly want to see how Creamer and other Wall Street institutions will react when they can't buy the stock and close their positions before the options are settled!"

Addison laughed evilly and said, the liquidation is not the most terrifying thing now. When they have completely raised the stock price and the option settlement is approaching, that will be the most uncomfortable time for those institutions.

In order to close their positions, they need to buy Double-Click stocks, and most of Double-Click's circulating shares have been locked up by Double-Click Company, KKR Group, and Deutsche Bank Investment Bank. How could those people buy them?

In order to compete for the few circulating shares, or to get people who have locked up positions to release their votes, the short sellers need to constantly raise the stock price. This is called a short squeeze. The short sellers work desperately to buy the stocks that have been closed.

Fight to keep the stock price rising. When the double-click stock price reaches the sky, even if it is dozens of times higher than the short-selling stock price, they will still have to bite the bullet and take over!

Evan Spiegel, who was observing the conference call, couldn't help but pricked up his ears when he heard that Double Click's stock price was going to skyrocket. Now Double Click's stock price had reached a height of 47 US dollars. He didn't know if it could still rise.

To what extent, but according to Addison, he is not willing to let go easily.

At this time, Whitman couldn't help but said, "If the stock price double-clicks and continues to skyrocket, and even short-selling hedge funds are unable to close their positions, I'm afraid the Federal Securities Commission will not be able to explain it!"

"Even if Double Click lets them go, will the Federal Securities Supervisory Commission not investigate Double Click?"

Addison sneered and had already started to do it. It was useless to stop now. With Double Click's stock price rising so fast, the Federal Securities Commission would definitely set up an investigation team.

"In this matter, we are fully compliant and there are no violations. I can assure Double Click to Kravis!"

Addison said, not to say that what they did was flawless, but even if everyone knew that they had set up a trap, as long as it was not someone like Song Yang or Whitman who lost his mind and committed suicide, then this matter would basically be

It would be nothing, and at most it would be a painless fine of hundreds of thousands of dollars. Compared with the income this time, it is not even a drop in the bucket. Addison is already familiar with this.

"Keep going as planned!"

In the end, Song Yang hammered the nails into the coffin for Creamer and his gang of hedge funds.

Today's Nasdaq trading floor is filled with media and reporters everywhere you look, and even some media and reporters from overseas come here to take advantage of it.

Investors throughout America, without exception, are waiting for the opening of Nasdaq today, and everyone's eyes are focused on Double Click.

Yesterday, Double Click was one of the prettiest guys in the entire Nasdaq. And last night, some institutions that were still unwilling to give up continued to publish short selling reports on Double Click, believing that Double Click was not worth the current price at all.

Behind this is also the fuel of Lehman Brothers, Bear Stearns and other investment banks. They provide leverage for many short-selling hedge funds. If the hedge funds cannot close their positions, they will also suffer misfortune. At this time, they can only bite the bullet.

Double-click the stock price to suppress it, and then close the position to settle the option.

Everyone can see that Double Click is not worth the price, but Double Click's performance yesterday was really scary. Today, countless people are waiting to see whether the hedge funds on Wall Street are superior or Double Click's cannon fire.

More violent.

Creamer, who had not slept all night, was now unshaven and looking at the computer with bloodshot eyes. When the assistant walked in, he couldn't help but be shocked when he saw Creamer like this. What happened to Creamer two days ago?

Mo, still high-spirited and giving guidance to Wall Street, has now become like this.

"Boss, some media want to interview you..."

Creamer's eyes were fixed on the screen, and he just replied in a hoarse voice, "No!"

"It was jointly interviewed by the Wall Street Journal, Financial Weekly, New York Times and other media..." The assistant knew that these magazines and media were the media that Creamer wanted to be featured in before.

Creamer raised his head and looked at his assistant with a murderous look, "I told you, I won't see anyone today!"

The assistant was startled, dared not speak anymore, and hurriedly retreated. He could see that Creamer was on the verge of madness.

Under the attention of Creamer and countless people, the Nasdaq opened almost the same as yesterday. As soon as the market opened, countless short orders began to pour in, and the movement was much greater than yesterday.

The stock price of Double Click fell from $47 to $33 in an instant, a drop of 30%, but in an instant, the stock price was pulled back to $47.

For the next few minutes, Double Click's stock price was like a roller coaster, being knocked down and pulled up again, with an astonishing amplitude of more than 30%. You can imagine the following, jumping from the lower limit to the upper limit repeatedly every second.

It feels like people with bad hearts have been carried away long ago.

Less than half an hour after Nasdaq opened, the trading volume of Double Click stock exceeded 1.1 billion U.S. dollars. It is a certainty that today’s trading volume will exceed yesterday’s.

And in more than half an hour, while KKR and Deutsche Bank Investment Bank were fighting with those hedge funds, a large amount of money suddenly flowed in.

Then we saw that Double Click's stock price began to hit new highs, from $47 to $50, and then from $50 to $60.

Countless people watched Double Click's stock price hit the sky-high price of $70. The stock price of $70 has a special meaning for Double Click and the entire Silicon Valley. This means that America and the entire Internet industry,

The first Internet company with a market value of over 10 billion US dollars is about to appear!

When the stock price exceeded $68 after double-clicking, a veteran fund manager from a Wall Street fund company who was over sixty years old and had experienced many storms finally shed tears and returned to his seat to type out the orders.

He knew that the double-click stock price at this time was completely higher than the atmosphere, and it would definitely not last long, but he couldn't wait any longer. With so many years of experience, he told him that if he didn't cut his flesh and exit the market at this time, he would probably die next.

Worse!

"We are on Wall Street now. The stock price of Double Click is still rising sharply. We will interview the manager of the Nasdaq Market Department to comment on the stock price of Double Click..."

A TV reporter was standing in front of the Nasdaq building. In the middle of his speech, he suddenly heard a "bang". The host looked back and couldn't help but scream. The person holding the camera suddenly flashed the camera.

He glanced at it and couldn't help but cursed a word starting with "f", and then quickly moved the camera away. However, in this flash, some sharp-eyed viewers saw that someone was jumping off the building.
Chapter completed!