Back to 1995

Chapter 367 Chicken feathers fly to the sky

To describe it in one sentence, the double-clicking of the stock price in the past two weeks, that is, chicken feathers fly into the sky, and heifers fly on the plane. It is really unstoppable. How long will it take.

With a market capitalization of US$230 billion, not to mention the only one in the Internet industry, Scorpion shit. Even among the entire American technology stocks, it ranks close to the top [-], ranking in front of Double-Click, that is, Microsoft, Companies like IBM and Cisco.

And when it was reported that Double-click began to transfer the tradable shares to liquidate the positions of those hedge funds, the stock price of Double-click immediately plummeted without any hesitation, and it fell by one-fifth in just a few minutes. share price.

Later, more news broke out that when it was reported that Castle Hedge Fund and others were closing out double-click short options at a price of $150, the outside world couldn't help showing some pity for these Wall Street hyenas. , but only for a moment, this group of people used to eat people without spitting out their bones, this time they kicked the iron plate!

As soon as the price of 150 US dollars was accepted, the stock price plummeted after double-clicking, which is equivalent to cutting another crop of leeks for these Wall Street hedge funds.

After Double-click, KKR Group, and Deutsche Bank Investment Bank transferred the tradable shares, the stock price of Double-click quickly began to slide. In just three days, it fell to $[-]. It has already run away completely.

When the double-click stock price fell, the entire Nasdaq and the New York Stock Exchange fell by more than 2% at the same time. Although they pulled up at the close, it still made countless people tremble.

Some Wall Street analysts claimed that it was the hedge funds who had to sell other stocks in order to raise funds to close their positions. A large number of sell orders caused the entire Nasdaq to collapse in a short period of time.

This scene made many people break out in a cold sweat. Double-clicking the current stock price made such a movement. They couldn't imagine that if the double-clicking stock price was even higher, those hedge funds would not be able to close their positions at all. It will not completely bring down Nasdaq.

Double-click stock prices plummeted by 70% in three days. As for the people who bought Double-click stocks, unless they are real leeks and licking blood from knife-edge to take over the market now, if they sell it at the current price of fifty dollars, the stock price has also increased by nearly ten times. It may be a loss, unless it is an overly greedy gambler who will not let go.

After reaching the price of 75 dollars, the stock price of Double-click began to fall into a stalemate, and gradually stabilized. Obviously, no matter whether it is short-selling Double-click or long, they all agree that the stock price of Double-click is [-] dollars, and the market value is about [-] billion dollars. Although this market value is still the highest among Nasdaq Internet concept stocks, it is not so outrageous.

"Double-click company issued an announcement today, announcing a dividend plan with a total dividend of more than 1.7 million US dollars. This is the largest dividend plan in the technology industry in recent years!"

"Double-click's board of directors issued an announcement that this year it will reward Whitman, Ryan, Marcus and other double-click executives with a reward of about 400 million dollars. Double-click co-president Whitman's dividends and bonuses this year may reach An astonishing 2000 million people, becoming one of the "most expensive professional managers" on Wall Street!"

Double-click issued multiple announcements in a row, basically a fancy way of "dividing the spoils" to Song Yang, a major shareholder, and executives like Whitman. ", but compared to double-clicking major shareholders and executives to get their hands, it is not worth mentioning at all.

If it was any other listed company that dared to play tricks so blatantly, they would have been sued a long time ago, but for double-clicking to play these tricks, investors basically turned a blind eye. After all, these days, double-clicking gives them They earn too much, so they really can't stand up against the double-click management.

These coquettish operations of double-clicking, surprise "distribution of spoils", and they are all generous, can't help but make the outside world curious about how much they made by double-clicking this time.

The Wall Street Journal, the most well-informed, was the first to break the news, "According to the statistics of Wall Street analysts, this time Double-click, KKR Group, and Deutsche Bank Investment Bank, relying on long double-click stock prices, brought benefits ranging from US$40 billion to US$50 billion. Between the knives, there may be more benefits in the future.

Double-click shorting is undoubtedly the worst shorting event on Wall Street this year. More than 34 hedge funds have declared bankruptcy, and nearly 500 investors worth more than $[-] million have been forced to go bankrupt. There are also many related companies. Expect serious losses this year! "

Hearing that Double-Click, KKR Group, and Deutsche Bank Investment Bank have made billions of dollars in this wave, the outside world is in an uproar. In just a few days, these three companies have engaged in a "large-scale slaughter". If I say I'm not envious of having cut a large crop of leeks, I'd be lying.

However, there are not many people who dare to play the double-click set. Double-click this time has the right time, place and people, and its own tradable shares are not large. In addition, it is entangled in lawsuits, and it is going to court with multiple federal departments. Various negative reports continue. , so that the short-sellers are rushing to double-click, so they will plunge into the set trap, resulting in this result.

If it were any other company, probably nine times out of ten, it would have been sold by a short-selling hedge fund long ago. After making a fortune, they would leave the company behind, pat their ass and leave.

This wave of fishing in troubled waters has made a fortune, but not only Double-Click, KKR Group and Deutsche Bank Investment Bank, just look at Goldman Sachs, Citigroup, Morgan and other investment banks. With generous rewards, you know that they probably earn a lot.

Unexpectedly, Carl Icahn, who previously announced that he was not optimistic about the double-click company DeIcahn, who was the platform for Creamer, thought that Carl Icahn would stumble, but Icahn suddenly announced that the new In the quarter, the revenue of several hedge funds under Icahn's company may hit a record high!

Carl Icahn himself publicly declared in front of the media, "I am very optimistic about DoubleClick. Icahn now owns 2% of DoubleClick. I look forward to the day when I join DoubleClick's board of directors..."

On TV, Carl Icahn talked eloquently, and he couldn't see that he was on Creamer's side before. Looking at the smile on Carl Icahn's face, and even threatening to join the double-click board of directors, everyone Instantly understood that Creamer was afraid that he would be sold directly by this wolf of Wall Street.

In an apartment in New York, Creamer, who was under surveillance by the New York Federal Prosecutor's Office, watched the news on TV and saw Carl Icahn, couldn't help but squeeze the tableware in his hand, wishing to give Carl Icahn a few knives .

Seeing the news that Double-click, KKR Group, and Deutsche Bank Investment Bank made a lot of money, Creamer's heart was bleeding. Double-click and other companies made a considerable part of it, but he contributed it. Watching the TV news, Cremer believes that all these belonged to him originally, flowers, applause, praise and dollars, but now everything is gone.

And the appearance of Carl Icahn made Creamer red-eyed even more. Now, Creamer understands that he was not wronged in the battle with Double-click. Double-click prepared for a long time, and Song Yang's desperate Support, preferring to double-click delisting to teach them a lesson, let Creamer also know that he will definitely not win.

But if you can't win, you can't win. Cremer believes that if it wasn't for Carl Icahn's sudden backstab, if he could provide him with ammunition and stand up to support him according to the agreement, then even if he lost this time, he would not In such a state of embarrassment, at least the army will not be defeated like a mountain, and there is still a chance to breathe. Maybe it will be able to get out of the castle hedge fund and other words.

Then a piece of news on the TV lifted Creamer's spirits, and he watched the TV with anticipation.

"A number of financial regulatory agencies, including the Federal Securities Regulatory Commission of America, are investigating the double-click incident. Today, the spokesperson of the Federal Trade Commission declared that Double-click has no breach of contract and is not suspected of manipulating stock prices. At present, it has dismissed a number of Wall Street Hedge funds are suing DoubleClick!"

Seeing this, Creamer's last belief was broken. The only chance he was looking for to come back was the Federal Securities Regulatory Commission, etc., to prosecute Double-click. Filed a lawsuit to claim compensation from Double-Click.

But now, looking at the fluffy words, I am afraid that no investigation was done at all, and the investigation was announced to be over. Double-clicking the news of innocence made Creamer couldn't bear it anymore, and angrily smashed the tableware in his hand. The TV smashed everything in the room in a venting manner.

Sitting outside, the security personnel of the New York Attorney's Office, who was in charge of monitoring Creamer, heard the movement in the room and didn't lift their heads, just looking at the newspaper in their hands.

The other people under supervision are afraid that they will run away, but those who supervise Creamer are not worried. This guy still has his life here. Once he goes out, he will be killed on the street. Killed, the money was invested in Creamer's gang, who were looking for Creamer all over New York, and even offered high rewards, the supervisors did not sell Creamer, they already had professional ethics up.

Not surprisingly, Creamer will be prosecuted by the New York Federal Prosecutor's Office in the name of illegal fund-raising and fraud. In the next ten years, he may have to squat in a federal prison and step on a sewing machine. If you can get a life, once you go out, you may encounter an "accident" immediately.

In a hotel in San Jose, a banquet was being held, wine glasses were toasted, and bottles of expensive wine were continuously brought up.

Today is a "celebration reception", Edison, Kravis, and the executives from Double-Click all came to the scene.

"Hats off to Bruno Song!"

Edison, who had already drank a lot of wine, raised his wine glass towards Song Yang with a feeling of drunkenness, and shouted at the crowd present, and immediately there was a burst of cheers from the wine club.

Evan Spiegel yelled at the top of his voice, without the slightest image, and he didn't care anymore, after all, anyone who suddenly became worth more than 4000 million US dollars overnight would have to indulge, let alone Ai Man of Vin Spiegel's age.

(End of this chapter)