697 Entering the game short and taking out the stairs (4k)
The next day, Penguin’s stock price was pulled to $39.
Launched the first round of charge towards the $40 mark.
However, the short sellers were not idle either. They kept confronting Penguin who was executing the buyback plan, and the whole Wall Street was in chaos.
"Penguins fighting between bulls and bears" and "Greek debt crisis" dominate the headlines in the financial, technology and other related media sections across the United States.
Bloomberg, the New York Times, the Wall Street Journal, the New Yorker, etc. have all opened tracking columns to report on position status, stock price trends, bad and good news and other latest news.
At the same time, many domestic channels also reported on Penguin’s situation. The Comprehensive Channel, Financial Channel, Chinese International Channel, Social and Legal Channel more or less talked about the situation and prospects facing Penguin, and basically it was better.
aspect.
But in the end, it is beyond the reach of the Penguins, and it is difficult to use it as a bargaining chip for the Penguins to face short selling. On the contrary, the short selling institutions have a home field advantage.
Not only did BC and other financial media badmouth Penguin, many short-selling institutions were even dissatisfied with telling investors through the media. Instead, they rolled up their sleeves and went into battle in person, naming Penguin on Twitter and Facebook.
It’s done!
Jesus couldn’t keep him!
Unless he is God!
Although Penguin’s current market value is close to 60 billion US dollars, it contains a huge bubble, and it’s all a matter of squeezing it!
It stands to reason that just losing the agency rights for "World of Warcraft" only reduced Penguin Games' revenue by 12%. NetArt lost Blizzard's family bucket at that time. Although the stock price plummeted by 10% that day, it slowly recovered afterwards.
Right now, it has become a life-and-death struggle between bulls and bears.
Lu Fei is here to boost the stock price and release market information every now and then. In addition to Penguin Buyback, Trisolaris Fund, and Paulson Hedge Fund, they are also frantically buying stocks and constantly taking in sell orders.
Each order is a large order worth tens of millions or even hundreds of millions.
But instead of retreating, the short sellers became more and more excited as they resisted. In addition to funds such as Greenlight and other funds that had already jumped in the face, there were short-selling institutions such as Citron, as well as international hot money fleeing Europe. They all rushed into the U.S. stock market, hoping to get away from Penguin.
Make a fortune.
Some hedge funds even boasted on Twitter that they would make back all the money they lost in the subprime mortgage crisis from Penguin!
"How is it going?"
In the car, Lu Fei put down his phone with a smile.
Outside the window, there were clouds and light snow falling.
"Paulson said that the third attack failed. As soon as it reached 40 US dollars, it was beaten down by the short sellers. This time they put all their strength into it. 500 million US dollars have already bottomed out. According to the current trend, it may be 38 US dollars.
The prices of beautiful knives can no longer be maintained.”
Xu Xin flipped through the text messages she received.
“Where are the short positions?”
Lu Fei took a cigar cutter and cut cigars.
"The data released at the end of January is 4%. No surprise, by the next time, which is the 15th, the short position will exceed at least 12%." Xu Xin said seriously.
Lu Fei held a cigar in his mouth and flicked the match.
HIM Group also holds 2% of Penguin's shares. The senior team including Lu Huateng holds a total of 6%, and 3% of the shares under its own control, which has reached 1%.
In addition to small shareholders such as Buffett, Bill Gates, Michael Berry, and BlackRock, the company has set up a third party to hold 2% of the talent option pool, as well as Trisolaris Fund and Paulson Hedge Fund, which have not yet reached the quotation line.
9%, that is to say——
The current number of Penguin shares outstanding in the stock market is 1%.
If you want to achieve the short squeeze conditions, you must lock in at least 1% of the shares. After all, the stocks sold by the short seller are borrowed, and when you close the position, you must buy the stocks and return them.
Once the number of shares circulating on the market is less than the shares shorted by short sellers, there will definitely be a situation where short sellers grab the stock.
As a result, a tragic situation of short sellers running against each other broke out.
In the original Porsche-Volkswagen case, due to short squeeze, Volkswagen's market value increased to more than 370 billion U.S. dollars.
Whenever the short position appears to be higher than the outstanding shares...
That was the moment of massacre by Mr. Lu!
"Not enough, not enough. Let Buffett and Carlson collect it for us. No matter what, the outstanding shares cannot exceed 6%."
Lu Fei blew out a smoke ring.
"Then it depends on whether the short sellers will give you this opportunity."
Xu Xin couldn't help but sigh, "I really didn't expect that the Volkswagen short squeeze case just broke out last year. Why didn't these short sellers learn their lesson? They dared to short us like this."
"Sister Xin, the only lesson humans have learned from history is that humans never learn lessons." Lu Fei curled his lips.
"Thankfully, we have made some money in gold and subprime mortgages, so we can carry it on and turn it into other companies. It would have been ruined long ago."
"That's right. We have to give them a long memory this time. It's best to force them to sell naked. Then we will succeed."
"Based on the current situation, it will be soon."
Xu Xin looked happy. What the short sellers are doing now is completely a multiplier effect, that is, A lends the stock to B to sell short, B then sells it to C, and D is borrowing the stock from C to sell short to others.
If the left hand is reversed and the right hand is reversed, the stock is equivalent to being sold twice.
"Did the false news about our heavy investments in Dubai, Greece and European debt leak out?" Lu Fei glanced at it.
Xu Xin smiled brightly, "It has been revealed to Goldman Sachs' undercover. Such important information must be reported as soon as possible."
"Sometimes, the exposed spy is more useful than the one penetrated, making it difficult for the enemy to distinguish between a pig teammate and a god teammate."
Lu Fei was happy, "Are the media ready?"
"Hollywood's famous gossip tabloid, but Ah Fei, is this necessary? Is it not enough to have the first flaw?"
Xu Xin was very curious.
"It's necessary, it's very necessary! Without hype, no one will watch boring movies like "The Big Short" even if they are free."
Lu Fei had a bad smile on his face, "And flies can't get through seamless eggs. We have wrapped ourselves too tightly, and short sellers have no way to bite. We must give them a small handle."
"Then have you reported it to Yuanyuan, so as not to cause unnecessary misunderstandings?" Xu Xin said with a hint of joking in her tone.
"certainly."
The two looked at each other and smiled, discussing the schedule to meet with the stock gods on Capitol Hill. At this moment, Ivanka walked out of her hotel, raised her cuffs, and looked at her watch.
I saw a familiar car passing by. The hot man got out of the car, opened his arms, and actively hugged her for the first time.
"Kakaka~"
The paparazzi not far away was pointing their cameras at them.
"What are you doing!"
Ivanka couldn't help but be surprised.
"What, don't you like it? Haven't you always wanted me to be more passionate about you?" Lu Fei put his arm around her waist.
"No, no! What on earth are you doing?"
Ivanka gave him a gentle push, "If you invite me to dinner, you must ask me to come out to pick you up! You shouldn't stay in the company at this time and think of ways to deal with the funds that are shorting Penguin!"
"Tomorrow is Saturday, closed."
"Then you should prepare for war more seriously. I heard from Uncle Carl that the short sellers are determined to eat the penguin this time."
"I came to see you just to prepare for the war."
Lu Fei winked, "This time, as Chairman of Penguin, I'm here to meet with you, the boss of the film company, to talk about the online promotion of "The Big Short" and cooperation with other films."
When "The Big Short" was mentioned, Ivanka frowned.
I have no idea what he was thinking. There were so many movie rights available for purchase during the Han and Tang dynasties, but he chose the least popular movie, "The Big Short," and was going the Oscar-winning route.
"It's just not popular, so we have to find a way to earn back the cost of millions of dollars." Lu Fei leaned forward and pressed his face against hers, "You have to cooperate with me in a play."
"A play? What play?"
The more Ivanka listened, the more confused she became.
"As usual, are things ready?"
Lu Fei pinched her chin.
Ivanka rolled her eyes, hooked her arms around his neck, and happily pulled him into the hotel, as close as a couple.
Snowflakes are falling and the north wind is blowing.
It snowed heavily all night, and the next day, the entire New York City was covered in white snow and fog, with the sun shining through.
Ivanka took off her blindfold and vaguely remembered that the two had dinner and then started acting in the room. The marks on her arms, wrists, body and feet were still there, but the person next to her pillow had disappeared. Until now
I also can’t figure out which show it was played in.
Fifty Shades of Grey?
Wrapping up in pajamas, ignoring the gags and a bunch of educational toys on the floor, he came to the living room and saw Lu Fei sitting in front of the computer, sipping coffee and staring at the news on the screen.
Penguin announced that it will not accept negative criticism from the outside world about its oil pipeline business and profitability, and will continue to increase investment in the future of oil pipelines.
This time, $100 million was taken out.
Just like Netflix, it invested in setting up a paid subscription movie channel, and the first one introduced was surprisingly "The Big Short".
Suddenly, it attracted attention from all directions.
Netizens, stock investors, hedge fund employees, and Wall Street analysts who have been paying attention to Penguin's recent developments have flocked here.
In the comment area, most people either don’t understand or are bad-mouthing. There are so many movies from the Han and Tang dynasties, including the successful “Twilight”, “Iron Man 1”, and “Iron Man 2”. Why did you choose “Iron Man 2”?
"The Big Short", not interested at all!
After checking, it turned out that the film was adapted from "The Big Short" co-written by Mr. Lu and Lewis.
Narcissism!
Hetui, what a narcissist!
When the short sellers were gearing up and finding various angles to criticize and belittle "the YouTube movie channel is a failure", Lu Huateng, as Lu Fei's substitute, responded on Twitter:
"The reason why we chose "The Big Short" is because this movie traces the origins of the subprime mortgage crisis and who is the culprit that harmed the United States. I hope everyone can see clearly what the face of short-selling institutions is.
How ugly!”
In an instant, the pot exploded.
Slander! Penguin slandered me!
Hedge funds and Wall Street institutions involved in short-selling have pointed their guns at Penguin, and launched a massive attack on Penguin.
However, only investors who hate Wall Street care about this, and most people who eat melon are not interested at all.
But when I opened the cast list and saw Christian Bale, Robert Downey Jr., Brad Pitt, Ryan Gosling...
The male star lineup is a Hollywood all-star!
As for the list of actresses, the one who appears first is——
Ivanka!
The film's producer and production boss?
And according to the news from viewers who watched it offline, Ivanka made sacrifices in her debut show and presented a large-scale passionate clip...
It immediately piqued everyone's curiosity.
Honey trap! This is a honey trap!
The short sellers couldn't help but become anxious as more and more people voted "interested" in the Twitter voting box.
At present, their attack points have expanded from the agency issue of "World of Warcraft" to the copyright and profit issues of YouTube, paving the way for their next attack on the company's annual revenue in 2009.
You must not let YouTube’s movie channel succeed!
Just when they were racking their brains to find a way to suppress this seemingly good news, someone handed them pillows when they felt sleepy.
Los Angeles gossip tabloids suddenly reported photos of Lu Fei and Ivanka's secret tryst, which were reprinted by the Los Angeles Times, The Hollywood Reporter and other media.
Adding fuel to the fire, the old scores between the two were also uncovered.
Ivanka and Hilton had long been jealous of Lu Fei at the banquet, but it was just a matter of gossip.
The short sellers are very excited and interpret it in another way——
Is there illegal trade in the movie "The Big Short"?
Did the two parties transfer the copyright of "The Big Short" at an excessive premium? Is there any unknown insider activity in it?
"The Big Short" is not intended to expose the evil deeds of the subprime mortgage crisis on Wall Street at all, but Lu Fei's evil deeds of pretending to be a public servant to please Ivanka! Buy this kind of bad movie that no one will watch!
Don't ask why we know it so well?
Because Hollywood has done it all!
Short-selling institutions represented by Citron, under the banner of "uncovering bad companies in the capital market and guiding good money to drive out bad money", seek justice, question the motives of YouTube's introduction of "The Big Short", and secretly incite
A feeling of hatred towards the rich.
Mr. Lu makes America's money, sucks America's blood, and rides America's horse. It's just a waste of his conscience!
He's a bastard, a beast, a beast, a parasite!
In Penguin's operation, even the cautious Goldman Sachs felt that the time was ripe and did not hesitate to cooperate with short-selling institutions and adjust the rating of Penguin stock from "hold" to "sell".
The reason is just a simple sentence——
It's clear that penguins are facing huge challenges.
Following Mr. Lu's "foolish move", Penguin's stock price has dropped from a high of $58 to $32 for three consecutive trading days from Monday to Friday. The main force in taking orders has become weaker and weaker.
The $30 mark is not guaranteed.
This further confirms the rumors on Wall Street that Mr. Lu has a large amount of money invested in the Middle East and Europe, and the Trisolaris Fund cannot withdraw funds at all to help Penguin, so it can only rely on Penguin itself.
At the same time, Lu Fei remained silent on Twitter, did not accept any media interviews, and did not make any reply to the scandal with Ivanka and the "Big Short" transaction.
Just during the noon break on Friday, Penguin officially announced again that it had obtained long-term credit facilities from ICBC, Bank of China, China Construction Bank, and CICC, totaling 3 billion rb, equivalent to 500 million U.S. dollars.
We will carry out the repurchase to the end and expand the capital scale to 1 billion US dollars. We believe that this can effectively prevent shameless short-selling institutions, and we have always emphasized that the cash reserves are very sufficient.
There is always a feeling that there is no silver in this place.
At present, the situation is obviously still dominated by short sellers.
Just when Jason gritted his teeth and decided to dispose of his stocks and call options, Buffett suddenly appeared and Penguin ushered in a big turnaround, expressing his optimism about Penguin's future deployment.
Like a shot in the arm, the stock price rose 16%.
All of a sudden, it rushed back to the $37 mark.
"Oh buy it! Oh buy it!"
"Fortunately I haven't sold it yet. Fortunately I haven't sold it yet!"
Seeing his income exceeding 100%, Jason was so excited that he was shaking all over. It took him a long time to calm down.
As soon as possible, I logged into "League of Legends" and bought a complete set of WGS S1 championship skins. I also had a lot of money to hold a lottery in reddit, and directly drew 30 sets.
Dude is rich!
Netizens in the "Wall Street Casino" section were jealous when they saw the profit chart he posted. If they had known that they were long Penguins, they would have given it a try and turned their bicycles into motorcycles. But it is not too late now.
Gamblers all rushed towards the bullish penguin.
"Hey Hey."
Jason looked at the stock price that continued to rise, 38 US dollars, 39 US dollars, and the 40 US dollars mark that had failed three times before. This time, with Buffett's blessing, it easily broke through.
He whistled proudly, and in a blink of an eye, he remembered that today was the premiere of "The Big Short" on YouTube, and immediately logged on to YouTube.
The number of viewers shows "1000+".
I paid 99 cents to watch it.
After all, Ivanka is Mr. Lu’s lover. You can watch her large-scale passionate scenes for 99 cents, which is worth every penny!
