The Nasdaq Exchange prepared a "small war room" for the Shanda team.
Before the big test of the opening of the market, there is still the first hurdle of call auction to pass. It depends on whether the first-day offering price can gain a firm foothold at $16 and then go up to a higher level.
"I admire your courage very much. I never thought that you would choose to raise the price a few days before the listing..."
Lu Fei was very surprised to see the uninvited Chairman of Nasdaq City, Madoff. The old man with meticulously combed hair was holding coffee and standing in front of him, Chen Tianqiao and others, smiling and saying:
"There will be several technology stocks that will go public this year, especially Google. If Shanda's IPO is successful, it will definitely give investors a shot in the arm, and the trend of the Nasdaq market and technology stocks may usher in new changes."
"So you support us, right?"
Chen Tianqiao was very excited. Under the introduction of David Solomon, he already knew the true face of this elder in Lushan.
"Nasdaq has a slang saying, 'Any company can go public, but time will tell.'"
Madoff encouraged him a few more times, and then his attention shifted from Chen Tianqiao to Mr. Lu, who was hiding aside and keeping a low profile.
In order to promote Shanda these days, Chen Tianqiao "willingly" acts as a foil, and the legend of "Mr. Lu from Goose City" is becoming more and more mysterious on Wall Street.
Lu Fei squinted his eyes. This was an epic financial fraud. If it hadn't been for the subprime mortgage crisis, it might have taken longer for the fund under his name to be exposed as a Ponzi scheme.
After all, the packaging is so perfect!
Madoff said calmly: "Lu, I wonder if you have ever considered listing Penguin in the United States?"
"I have indeed considered it. You know, China's three major exchanges do not support AB shares." Lu Fei shrugged.
Madoff and David Solomon looked at each other, countless information was conveyed in the eye contact, and then smiled and said:
"I sincerely hope that Penguin can be listed on Nasdaq, it would be our honor..."
Chen Tianqiao saw this with envy and jealousy.
Shanda is trying to get listed on Nasdaq. Well, the chairman of Nasdaq is trying to get listed on Nasdaq. Why is the gap so big?
"You can come to me at any time if you have any questions. My mission is to make you clear about the benefits of choosing Nasdaq."
Madoff put away his smile, took out a business card and handed it over, then said apologetically, "I'm sorry," and left the office.
"Wow, Lu, you got Madoff's business card."
David Solomon whistled, "Do you know what it means? You just need to pass some of his tests, and you and your Trisolaris Fund will be able to move to the next level."
Lu Fei understood the allusion to joining the Madoff Fund and smacked his lips: "Can the annualized rate of return of his fund really reach 10%?"
David Solomon said with a straight face: "Lu, never doubt Madoff. You may doubt God, but you will never doubt Madoff."
Lu Fei glanced at the business card, and suddenly a voice came from behind:
"It's begun, it's begun!"
In an instant, almost everyone rushed to the computer and stared closely at the trading software.
There was silence in the room, you could hear a pin drop, the atmosphere was dull and solemn, even the big-hearted gambler Chen Tianqiao was so nervous that he didn't say a word.
The call auction has come and gone, and the shares worth 16 US dollars per share have been sold out by the underwriters through various methods and channels. Now it is the front station to enter the open market. At this moment, a purchase order of "16 US dollars" appears on the screen.
appears in.
Lu Fei and Xu Xin looked at each other, and she made an "ok" gesture to them.
"Oooh!"
Tang Jun exclaimed abnormally, "Seventeen dollars have not been sold yet, eighteen, nineteen!"
Chen Tianqiao's eyes widened: "Oh, if I had known earlier, I would have set the issue price higher and made a big profit."
"No one has taken action yet? No way, no way, it's already twenty-two!"
Chen Danian was surprised and happy, shouting: "
There’s an offer for sale, twenty-six dollars! What the fuck?”
When the IPO came to $26, Chen Tianqiao and others turned their heads and looked at Lu Fei in disbelief.
Xu Xin was surprised and said, "A Fei, you are so accurate!"
"It's just a joke, it can't be taken seriously."
Lu Fei lowered his voice, "It's just the bidding stage, and the closing price will definitely fall back."
"Stop talking!"
Xu Xin was excited and said, "You have opened your mouth, so whatever you say comes from your mouth, don't turn into a crow's mouth by then."
"I call this reverse poisonous milk."
Lu Fei spread his hands and stood on the periphery of the crowd, looking in.
In just a few minutes, buyers and sellers bid fiercely and struggled with each other. Finally, Bingfeng's momentum was thwarted and stabilized in the $24 range, an increase of 50%.
Although the US$10 million pallet plan was scrapped, there was still US$5 million that could be used for short-term purposes of buying low and selling high. This time, Shanda issued 13.85 million depositary receipts, equivalent to 27.7 million ordinary shares, accounting for 17% of the total share capital.
Even without any operations, his diluted 12.45% is now worth US$470 million on paper.
"Lu, we succeeded!"
David Solomon was used to big scenes, but he still opened his arms excitedly: "Thanks to you, this is all your credit."
"I admit that I gambled, but I won the bet!"
Lu Fei readily accepted it. Without him, Goldman Sachs would not have been able to get into Shanda's car. Without him, Shanda would not have had such a high IPO.
"If the closing price can hold up, this investment will make you more famous on Wall Street."
David Solomon did not forget to add at the end: "Although it still cannot reach the height of Buffett."
Lu Fei rolled his eyes and said, "Thank you. Actually, I'm not much of a stock investor. I just know a little bit about venture capital."
"Yeah! Yeah!"
"Ah! Ouch!"
"Lu! Lu!"
Everyone seemed to have lost their minds, and they were all roaring like wild beasts. Papers, cups, pens, folders, and everything they could get were thrown into the sky.
Chen Tianqiao's face turned red and he suddenly bared his teeth. His heart ached and his whole body trembled like a shrimp.
Lu Fei had quick eyesight and quick hands, "Are you okay? Do you want to call the doctor for help?"
"no!"
David Solomon immediately stopped it. The founder went into the hospital on the first day of listing. Believe it or not, he immediately plunged and broke the stock price on the first day.
"I'm fine, I'm fine."
Chen Tianqiao's chest heaved and he breathed a long sigh of relief, "I'm tired from staying up all night these days. Just give me a glass of water. Thank you."
While I was drinking water, the ten-minute call auction ended, and the opening price was fixed at $24.03.
"Okay, everyone, it's time to set off to ring the bell."
Chen Tianqiao regained his energy and strode out of the office.
As Lu Fei was the target of key publicity in the last few days before the listing, it was natural that he walked at the front with him and entered an open studio that served as a media corner.
Reporters from financial and technology media have been waiting here for a long time, and the sound of shutter shutters can be heard all the time.
He walked quickly onto the stage and stood on a wall with the stock price ticker on top and the logos of Nasdaq and Shanda below.
Everyone's face was more or less filled with passion, and it was impossible for normal people to calm down from such great excitement immediately.
The positions were chaotic, and the only two things that remained unchanged were Chen Tianqiao and Lu Fei, standing on the left and right in position C.
There is a button on the small table in front. Pressing it symbolizes the opening of the day's stock trading. This is the so-called clock.
"ladies and gentlemen……"
Time was stuck, so Madoff gave a brief speech and gave Chen Tianqiao a few words to speak.
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Not early or late, exactly 9:30.
During the countdown with loud shouts, Lu Fei pressed the button, 'Peng', and some spray ribbons and colored papers spread out from above everyone's heads, and music sounded on the spot.
Then there was even more enthusiastic applause and cheers.
Countless representatives of venture capital institutions, underwriters and market makers were rushing to take photos, but they were not directed at Shanda or Chen Tianqiao, they were all rushing to——
Master Lu!
Lu Fei, however, did not overwhelm the guests and invited Chen Tianqiao and Tang Jun to come over for a group photo. He also did not forget to rope in Xu Xin. In the future, if the Trisolaris Fund will travel in Europe and the United States, they must meet each other or at least become familiar with each other.
"Mr. Lu, thank you, thank you so much!"
Chen Tianqiao temporarily put aside his grudges and gave me a big bear hug, "Without you, Shanda wouldn't be where it is now."
Before Lu Fei could speak, Chen Danian held his hand, his voice trembling and speechless, his eyes full of admiration.
This is the stock god!
"Ah~"
At this moment, the scene was in a commotion, and with the traders exclaiming, Lu Fei turned back and looked at the marquee.
Shanda was victorious in its attack on 26 dollars. Now, no one was in the mood anymore, so they all went back and continued to monitor the market. Any small fluctuations would affect their hearts.
"Rush, rush, rush..."
Chen Tianqiao was sweating on his forehead, covering his chest, and kept muttering to himself at the computer screen, making $27.
This capital feast is enough to make everyone rich.
Lu Fei, the stock god, is different. He is neither happy nor sad. He is like an outsider. He will not be affected by the rise and fall of stock prices. His threshold is not at the same level as Chen Tianqiao and others.
"Oh, it's no longer possible. I can't support the price of more than 26 yuan..."
Chen Tianqiao sighed and watched as the stock price curve began to turn downward. After a huge change of hands, it fell from $25. It was estimated that it would be difficult to get another $26.
"Mr. Chen, I'm going back to the hotel first."
Lu Fei raised his hand and glanced at his watch. It was about to close at noon, and he felt sleepy and hungry.
Tang Jundao: "Mr. Lu, we have already reserved a seat."
Lu Fei waved his hand and said, "No, the intense publicity these days has exhausted me. I'll go back to sleep after eating."
Tang Jun asked again: "Then the closing bell rings in the afternoon, will you still come?"
"Let's leave this important occasion to Mr. Chen. I don't need to be in the limelight anymore."
Lu Fei raised his lips and waved goodbye: "I woke up and went directly to the celebration dinner after the closing."
Then he called Xu Xin, and the two of them got into the car driven by Wang Ben and drove back to the hotel where they knew Jianguo.
She said: "Is your phone going to be full of calls?"
"Ignore him for now and call back one by one later."
Lu Fei took out the buzzing cell phone from his pocket and immediately put it aside as his balls ached with vibration.
Xu Xin asked: "You deserve most of the credit for Shanda's performance today. Have you ever thought about how this money will be used?"
"Sister Xin, check how many shares are in circulation in New Wolf's secondary market and what price they are? Let's build a position."
Lu Fei thought that Chen Tianqiao's next step after going public would be to launch a surprise attack on New Wolf. He took Madoff's business card and rotated it between his fingers.
Xu Xin frowned: "Do you want to completely control the new wolf?"
"It's just for the long term, it's best to hold about 10%."
A mysterious smile appeared on Lu Fei's harmless face.
The left hand is the right hand, and it will be sold to Shanda next year, and then...