696 Fighting between long and short, everyone shows their special abilities (4k)
Late night, Xiangjiang.
"Boss, have you watched the news?"
Li Zekai watched TV. The Phoenix Financial Channel made a special report on the topic of "Penguin Short Selling" and invited experts and analysts in the financial industry to comment on the whole thing.
In the program, the entire process of Penguin's long and short confrontation in the past week is summarized and broadcast with titles.
"Breaking news! Just because of the (World of Warcraft) agency rights, many Wall Street hedge funds are short Penguin!"
"Danger! Three well-known short-selling institutions are betting on Penguin."
"Reversal! Penguin has the support of many institutions and the stock price rises against the trend. Is it a bubble or a rebound?"
"Breaking news! Nexon leader Kim Jung-joo said that he may consider starting contract renewal negotiations with Penguin in advance for agents of many online games such as Bubble Hall and MapleStory. A Wall Street analyst believes that losing more game agents will cause serious damage.
Penguin Gaming Business.”
"..."
Seeing more and more news that is unfavorable to Penguin, Li Zekai became more and more excited: "Retribution, this is retribution!"
"My dear, do you feel better now?"
Li Zeju couldn't help but laugh out loud on the phone.
Both brothers felt relieved. After all, Lu Fei had cooperated with Huo, Li and Zheng's family in the Caifubao Xiangjiang joint venture, but excluded their family. Once the photos of the secret meeting at Fulinmen Restaurant were reported, it immediately caused a sensation in the city and spread the news.
Suddenly, it boosted the stock prices of Sun Hung Kai, New World and their affiliated companies. However, CK Hutchison not only did not reap any benefits, but was also questioned by the media as to why it was excluded.
Especially under the background that Feigou.com achieved great success during the Christmas shopping holiday and its market value exceeded US$60 billion.
Countless reports pointed the finger at himself, focusing on the personal grudge between him and Lu Fei over the Penguin shares. It seemed that the Li family did not have a relationship with the de facto richest man in the world because he was stingy and interfered with it, destroying the cooperation between the two parties.
.
The grapevine spreads through noses and eyes.
Another wave of "little superman" images have been ruined!
"Lu Fei, the street boy, finally has his day!
When Li Zekai thought that Lu Fei was worrying about Penguin stocks, he felt secretly happy. Could he also go short and get some interest back?
"Brother, don't be impulsive. Don't forget that you still have debts. You can pay them off in three years. Don't worry about it!"
Li Zeju persuaded, seemingly intentionally or unintentionally.
"Boss, now is the best time."
Li Zekai disagrees. It is precisely because his debts will not be completely paid off until 2013 that he needs to ride on the tailwind of Wall Street. Not only can he pay off his debts faster, he may even make a fortune, and he can fly from mainland China.
Earn it with your hands.
What I lost with the penguin before, I must get it back with the penguin!
"My dear, can't you just calm down?"
The more Li Zeju earnestly tried to persuade his brother, the more Li Zekai was ready to make a move. In his opinion, short sellers had the absolute upper hand.
Anyway, the advantage is mine!
Like him, there are many people who have the idea of taking advantage of the situation. The undercurrent in Hong Kong is surging, and countless funds are flowing to Wall Street.
Surrounding the penguins, the Little Huaihai Sea slowly becomes the Big Huaihai Sea.
The short sellers were so aggressive that they pushed Penguin's stock price to $27, but they still refused to give up and insisted on breaking through the $25 mark.
The victory of short-selling Penguin boosted the morale of the entire short-selling camp, and gradually spread to other U.S. stocks. Nokia and other 23 companies with faltering stock prices were also shorted to a greater or lesser extent.
However, Lu Fei's counterattack came soon.
First, Paulson Hedge Fund took practical actions to buy stocks in large sums, boosting the stock price and rushing it back to $30.
Penguin also cooperated. Lu Huateng received Lu Fei's instructions and announced that the board of directors was reviewing a stock repurchase plan.
Over the weekend, a series of positive signals were released, which was interpreted by many Wall Street institutions as saying that Lu Fei would fight the short sellers to the end.
How to carry it? With money, of course!
Mr. Lu VS Wall Street short sellers, can you withstand it?
If you can't stand it, you have to stand it! It means being strong! It means being hard!
Both bulls and bears are accumulating strength.
"A Fei, there is news from Zhang Lei that many hedge funds in Xiangjiang have joined the short position, all aiming to short Penguin."
Xu Xin hurriedly opened the door.
"Hong Kong?"
Lu Fei was not nervous, but was surprised that he didn't have many mortal enemies in Xiangjiang, and the only ones he could think of were Li Jiacheng's family.
"I'm afraid people like Li Jiacheng will not take this risk. What Zhang Lei can find so far is that in addition to the local funds in Xiangjiang, the funds in some short-selling hedge funds also come from the mainland."
Xu Xin said with a livid face: "This is one of our own people helping outsiders to beat our own people! What on earth do they think?"
"In the face of interests, how can we still have our own people?"
The corner of Lu Fei's mouth rose, "There is no way to heaven, but I want to join in the excitement of hell. Okay, fighting the enemy is fighting, and fighting the puppet troops is fighting. Anyway, our verbal array is open to all comers, so I don't know if they have any
Don’t you have the consciousness to be a ‘trapeze artist’?”
"Actually, they are not all against us. Huo, Zheng and Li's family all called and prepared at least 100 million US dollars, which they can lend to us free of charge. Zheng Zhigang is also prepared to buy Penguin's shares."
Xu Xin handed over the data on short positions.
Lu Fei drew a circle on "9%" with a pen, "They are really smart. Although the US$300 million may not be used, I accept all their wishes and can make them rich this time."
"Also, the superior asked us about our situation and whether we need any help, whether it is a loan or investment..."
Xu Xin looked straight at him.
"Okay! With this, our next step will be more leisurely." Lu Fei narrowed his eyes.
Even without these external forces, Caifubao, Logic, Feigou, Penguin Pay, and the Three Body Fund, the short sellers on Wall Street have no idea how terrifying their financial resources are!
Do you really have the strength to fight with me, Mr. Lu?
In the blink of an eye, Monday came and the new arena competition started.
Many media reporters, financial practitioners, and fresh leeks around the world are looking forward to the official opening of the New York Stock Exchange.
There will be a bloody fight around the penguins!
At this time, Penguin, which had previously reported news of stock repurchases, officially issued an announcement. The board of directors has approved a share repurchase plan. According to the plan, Penguin will repurchase at least US$500 million in the next six months.
of stocks.
The launch is scheduled for Tuesday this week, and the process will be handled by financial management consulting firm Goldman Sachs and will end on July 7.
The Penguin Partners Committee stated that the funds for the repurchase come from the company's existing cash reserves, and will consider adjusting the conditions and scale of the repurchase based on the phased results of the repurchase plan.
Penguin finally comes to an end!
And as soon as it is sold, it will be a repurchase of US$500 million!
This is not the strongest trump card, but it is also one of the most effective trump cards. Generally speaking, the stock repurchase method of U.S. stocks is mainly a combination of open market and private agreement repurchase.
But this time, Penguin repurchased directly on the secondary public market.
I have only one meaning, fight the short sellers to the end!
Lu Fei's domineering attitude immediately boosted Leek and the market's confidence in Penguin. The New York Stock Exchange opened in the morning, and the stock rose sharply by more than 10%. By the close, the stock price had risen back to $33.
It's heading towards 35 US dollars, and it's going all the way.
The strange thing is that the short sellers did not take action immediately and suppress the momentum with a fiercer offensive. There was no panic of short sellers killing short sellers. Instead, they became more and more excited.
Finally tricked the penguin into the encirclement!
The hedge funds that had been hiding in the dark and firing cold arrows have come to the surface one by one. I won’t pretend anymore, I’m showing my cards!
FrontPotPartners.
Cornwall Capital.
72 points of capital.
Castle Hedge Fund…
Either it is a star fund on Wall Street, or it is a rising star fund that, like John Paulson, shorts subprime mortgages and is famous on Wall Street.
The short all-star lineup has brought the long-short game to a new level. Currently, judging from the books, the only ones supporting the Penguins are Lu Fei, Michael Berry and John Paulson.
Just as the American leeks were wandering around, not knowing whether to support the short sellers or not, Bear Stearns, one of the big bosses behind the scenes, was eager for revenge and was the first to appear.
The rating of Penguin was readjusted from the original recommendation of "hold" to "sell", and the expectation of Penguin's stock price was lowered to $20, with only one purpose -
Destroy the market's confidence in Penguin.
Let more retail investors holding Penguin and institutional investors release large stocks, and it is best to have panic selling.
Immediately afterwards, Morgan Stanley was the second to step forward.
On the other hand, Bank of America Merrill Lynch, Goldman Sachs, etc. were calm and did not follow up immediately. They were obviously keeping it as a trump card, but it was enough to cause a violent impact. When the market opened in the afternoon, the stock price plummeted 6%.
Penguin and other major players entered the market again, and a large number of buy orders appeared in the market to absorb all the sell orders. The battle continued until dusk.
Representatives of the previously active long and short parties remained quiet, and Penguin maintained its stock price at US$3, achieving its first small victory.
After Ming Jin retreated, Lu Fei posted a "V-sign" update on his Twitter, Facebook and other platform accounts:
"I just said that the agency rights of "World of Warcraft" were just a trigger, and the Penguin stock price bubble was just fake news. It was just a group of bandits who wanted to rob. Fortunately, our investors who can distinguish right from wrong were not affected by vested interests.
The one-sided, negative and unsubstantiated rumors, please continue to believe Penguin!"
Immediately afterwards, the hedge funds who directly @short camp posted a PS picture of "Ip Man".
Zhen Zidan's avatar was replaced by Lu Fei's, and he shouted:
"I'm going to hit 10!"
Before the short sellers could respond, Lyft, CEO of Citron Capital, a short-selling institution as famous as Muddy Waters, jumped out:
"Today's rebound in Penguin is just a short-lived effect brought about by the US$500 million repurchase plan. From the data of Wall Street institutions and the opening of the market in the afternoon, the situation has been very obvious. Penguin is not worth US$50 billion in market capitalization. Most of its revenue depends on
The game company is not a high-tech company at all!”
"Not worthy of being the fourth Internet company in the world!"
Two posts were not enough, so I went on to elaborate on the reasons and understanding of Penguin’s artificially high market value, focusing on oil pipelines.
Penguin invested hundreds of millions in online video, but it lost money every year and burned money every year. Under such circumstances, it dared to lower the advertising share of YouTube and gave 10% of the profits to the YouTube owners.
More than stupid, simply stupid!
Moreover, Citron Capital, which has long targeted and shorted concept stocks, has questioned Penguin’s music, video, membership registration rate, payment rate, conversion rate, etc. in China.
He threatened to investigate Penguin and would release a report soon.
"Paulson and I discussed an interesting phenomenon."
“The stock prices of many listed companies, especially Chinese concept stocks, fell sharply by 30% to 40% after the short-selling report came out. Behind this, could there be hedge funds that borrowed a large amount of stocks in advance, just waiting for the short-selling report to come out, and took the opportunity to make large-scale purchases?
Profit from short selling?”
"We are very curious, @雷 Ford, whether there are such scum in short-selling institutions! Assholes! Bastards!"
Lu Fei was in a weird mood on Twitter.
"…………"
Lyford didn't know how to answer the call for a while.
Just give me your ID card!
I saw on Twitter that Lu Fei was on full fire.
Faced with a large amount of information that is deliberately spread by the enemy that is not conducive to Penguin, whether it is true or false, go to the scene personally and screen it one by one.
For example, "Google is discussing with Penguin to acquire YouTube."
fakenews!
"The negotiations between Nexon and Penguin regarding the agency rights for online games such as Paopao are in trouble and they will lose a number of Korean games."
fakenews!
"Blizzard will file a lawsuit against Penguin's Ice Frog Studio, which specializes in Dota 2, due to Dota copyright issues."
fakenews!
There is even news that Penguin's QQ, Wechat and other software have seriously affected information security, and it is recommended that states ban them.
Just like TikTok!
The public opinion war is in full swing, with bulls and bears mixed in. Enterprises, institutions, banks, officials, private stock gods, Internet leeks, etc. are closely surrounding Penguin. Whether it is bullish or bearish, the outlook is unpredictable.
"A Fei, look at these fake news from BC. These short sellers are already colluding with the mainstream financial media to spread all kinds of news that is beneficial to them."
Xu Xin exclaimed, "You seem to be..."
"There's no rush at all, right? Isn't this the basic operation of Wall Street? Gold is like this, and subprime mortgages are like this."
Lu Fei took a sip of water calmly.
"But the current situation is different. I think we should release a little more good news and not blindly repurchase."
Xu Xin cast an inquiring look.
"Of course there is good news. I have made an agreement with Huateng that the League of Legends champion skin will be on sale at the end of this month."
"Is this...is this okay?"
"The champion skin is just the appetizer, the focus is the Spring Festival."
"And there are Chinese New Year skins?"
"Of course, it's time for the children to get their New Year's money." Lu Fei raised his lips, "Sister Xin, never underestimate the consumption power of teenagers. Maybe a few yuan for a teenager is not much, but if it is several million,
How many tens of millions?”
"This reminds me of the 'Chinese Aunt' back then."
Xu Xin blinked, feeling familiar.
"Yes, the Chinese players who are going on this expedition!"
Lu Fei had a smirk on his lips.
At the beginning, we relied on the Chinese aunt to defeat Wall Street.
This time, relying on global LOL players, especially Chinese friends, we continue to beat Wall Street!
"Even so, just one piece of news about LOL's sales and profits may not be enough. At least one or two big news are needed."
Xu Xin frowned slightly.
"I also know this, so in addition to mobilizing the people of China to help me, I also need to mobilize American stock investors to bring out all the hatred they have for Wall Street."
"How to do it?"
"I asked Penguin to purchase the online movie copyright of "The Big Short". Instead of going offline, it goes directly online. You only need to watch an advertisement on YouTube or watch it directly for 99 cents."
Lu Fei smiled and said: "I have asked Carlson to find a group of oil pipe owners to do a group of movie reviews to explain why these villains on Wall Street were so crazy and so cruel to them during the subprime mortgage crisis!"
"A Fei, you...you..."
Xu Xin was startled and stunned.
"Sister Xin, what do you think of this slogan?"
Lu Fei raised his arms and shouted, "Want to take revenge on Wall Street? Okay! Support Penguin immediately! Do you want to kill Wall Street? Okay, support Penguin immediately! I want to earn back all the knives I defrauded from Wall Street. Okay,
Go and support the Penguins like crazy right now!”
Xu Xin couldn't help but sigh: "When Bear Stearns' bunch of short sellers met you, it was really like a wolf meeting a tiger, a devil meeting Satan..."
"To be precise, God also wants to call me God."
Lu Fei said: "Do you think this is enough?"
"Well, before these plans are implemented, the offensive of short sellers will definitely become stronger and stronger. There is no guarantee that institutions such as Citron will issue short selling reports. Should Buffett prepare early?"
Xu Xin was excited but also a little uneasy.
Lu Fei pondered for a long time and nodded.
Xu Xin walked to the table, picked up the landline phone, and entered the personal number of Buffett's office. As soon as she dialed out, she saw a big hand appear, stopped her immediately, and looked up in confusion.
General reserve team, stay still!
Lu Fei touched his chin and said, "Let's try another little trick."
