Back To 1995: Chapter 360 Battle of the Trapped Beasts
Chapter 360 The Battle of Trapped Beasts
"Double-click the company today, the stock price will close at $47 in the future, and the market value has reached $7 billion, becoming the first stock of America Internet!"
"Double-click the company and issued a statement, announcing that the plan in overseas markets is expected to be completed, establishing a joint operation center with WPP Group in Europe, and cooperation with Japan's SoftBank and Huaguoying Haiwei in the Asian market. It will account for about 30% of the double-click total revenue…”
"Double-click issued an announcement today, claiming that the revenue in the third quarter will exceed 300%, and the profit in the fourth quarter will likely hit a new high."
"Double-click co-president Whitman, accepted a joint interview with NBC and ICNC, saying that Double-click has no major business changes in the near future, and also claimed that double-click stock price fluctuations are normal!"
After the market closed today, Double-click made more than a dozen announcements in one go. Either the revenue broke the table or the repurchase was completed on schedule. Regarding stock price fluctuations, Double-click was even talking nonsense, indicating that everything was normal...
Double-click today's market value, rushed to the height of seven billion dollars in one breath, officially surpassed Netscape, and became the real Silicon Valley Internet company with the highest market value. Double-click only took one day.
The entire Wall Street and Silicon Valley media are reporting on DoubleClick's performance today, which is almost earth-shattering. The trading volume for the whole day exceeded 1.8 billion US dollars, and the 30 million outstanding shares have been traded for many times.
"Because of double-clicking the stock price up, and the investors who lost their positions, it is estimated that more than 1,110 investors will be liquidated. There are securities companies who pay for the liquidation account today, and the cost will exceed 650 million US dollars!"
A Wall Street statistic has published a statistical report. The list on this report is all accounts with $500,000 dollars. Today, all of them are in ashes. Those other little leeks have not had time to count, so they are not on this "big list." ”, but it is estimated that the days will not be much better.
Later, Wall Street media broke the news that today, Bear Stearns, Lehman Brothers and other institutions that provided capital and leverage for people who double-click shorts lost at least hundreds of millions of dollars today!
"The Creamer Hedge Fund did not interview the media today, but according to people familiar with the matter, multiple accounts of the Creamer Hedge Fund have suffered serious losses, and the losses are expected to reach a staggering $800 million.
If you double-click the company's stock price and continue to rise, it may cause all short sellers including Creamer and New York United Foundation to go through their positions! "
At the end of the day, everyone came back to it. They knew that Creamer's gang was obviously being hunted by others. With such a large transaction volume today, it is obvious that a large number of beautiful knives were carefully prepared to come to Kerry. Silent this gang of short-selling institutions.
In the evening, more news began to be revealed. The news that KKR Group and Deutsche Bank Investment Bank acted as the main force also began to spread. When they heard the names of Kravis and Edison, countless people suddenly realized.
These two characters, one is a veteran of Wall Street, and the other is a new Wall Street powerful figure. At the same time, double-clicking is enough to set off a storm on Wall Street.
Within a day, hundreds of thousands of accounts with hundreds of thousands of dollars were directly wiped out, which had a huge impact on Wall Street and the whole of America.
"New York farm tycoon Cayden was declared bankrupt today. The New York suburban farm that his family has run for many years is considered to be the most valuable farm in America. It is reported that Cayden participated in the shorting of Double-click Company!"
Elena, who did not participate in the party today, was sitting on the sofa in the small apartment, watching TV boredly. Today is a bit evil, and the whole of New York seems to be under curfew. Those celebrities, celebrities, rich people, etc., today are like Like the collective disappearance, there is not even a party.
For little models like Elena, they can't afford their high consumption when they go to the catwalks on weekdays, as well as shooting those magazines and fashion models. When they go to parties, they are sent by the model company and they can get it. to a hefty fee.
At this moment, a news suddenly appeared on the TV, and Elena couldn't help covering her mouth.
Looking at Cayden in the news, how could Elena not recognize that iconic straw hat, he was the same farmer she saw at the party yesterday, and she also got a tip from Cayden , Kayden invited her to visit his farm, Elena didn't even have time to visit, and now he is bankrupt...
In the news, Kayden's face was ashes, standing alone outside the farm. There was a herd of dairy cows, and a large farmland planted with corn and fruit trees. Now it doesn't belong to him anymore. He even has a dollar in his body. No chance to take it out.
In order to invest more money in Creamer, Kayden mortgaged the farm, and borrowed a lot of money from the bank, invested a lot of US dollars to short double-click the company, and all the cash flow was smashed out. When the first wave was pulled up today, Kayden directly exploded!
In order to prevent Creamer from losing everything after the liquidation, Wall Street institutions took the lead in seizing valuable industries.
The first ones to start are the big dog owners like Kayden, those little leeks, even if all their property is auctioned, they can get back how much they can get back. If Kayden sells this farm, maybe they can make up all the losses, or even make a small profit. !
The pessimism of human beings are different. There are people like Kayden who fall into the streets overnight, and there is a high probability that they will carry huge debts in this life, and it is impossible to turn over again. Naturally, there are "lucky ones".
In addition to the old leeks who "stick to their hearts", of course there are also some "lucky ones".
In Maine, a reporter is interviewing a man who just came out of a securities firm. The man is dressed as an engineer.
When facing the camera at this moment, the smile on the man's face couldn't be stopped, "Yes, I did make some money. Today, the securities company had an account manager who called me and said that my account was abnormal!"
"Did you buy Double-click stock?" the reporter asked the engineer.
The man nodded, "Double-click was just listed by a stock recommender who recommended it to me. I bought it for five dollars, a total of 10,000 shares. In fact, I would have forgotten about it, if I hadn't received a call today. "
When the reporter heard this, he didn't know what to say for a while. The man in front of him was a stock salesman who bought Double-click stock for the foolish one.
But he actually forgot about buying the double-click stock, so he kept the ticket in his hand until now, and now, the value of this 10,000 double-click stock is more than 470,000 US dollars, which is equivalent to an American American. The entire income of the family for the past eight years!
"Stock analyst, it is recommended that I sell these stocks as soon as possible. I need to think about it. In the future, I may take a global trip. I am too busy at ordinary times." When asked about the purpose of this money, the middle-aged engineer said.
Like this engineer, those who are holding double-click stocks now, except for the old leek, who have forgotten their account numbers, can eat this wave of fat.
The sky has dimmed, Creamer is sitting alone in the office, the phone on the desk is ringing, urging him to ring.
Creamer picked up the phone again, and in a hoarse and dry voice, he said what he had said many times, "We will not lose, we will be able to win back tomorrow, as you can see, today is only a little bit, we Just win, I can double your earnings!
I have filed a complaint with the Federal Securities Regulatory Commission, and I will never dare to go up again! "
These calls are all investors who came to Creamer to refund their money. Too many people are scared today.
Creamer is like a trapped beast now, but he is not willing to admit defeat. He is still raising money everywhere. Now his hedge fund is also in a state of liquidation. As long as the stock price double-clicks and rises again, his hedge fund will be completely finished. In fact, it is not much different now. The funds in his hand are not even enough to close the position, and Creamer has placed too many empty orders.
In addition to investors who wanted to exit the market and took the money they invested in, today there are already short-selling institutions that surrendered and left the market.
James Chanos, after losing 60% of his funds, directly announced to close out his position, becoming the first hedge fund to officially announce his departure.
The phone rang again, and Creamer was about to repeat what he just said impatiently, but there was a fierce voice on the other end of the phone, "Cremer, the money that belongs to Lao Tzu, I will see you tomorrow morning for not less than a penny. , otherwise I can't guarantee what I will do to you!"
After speaking, he hung up with a snap. Creamer's face became ugly. He could tell that it was a call from the player of the New York Rangers ice hockey team. If he did it, he even shot him in the street, I'm afraid he would be able to do it.
Gritting his teeth, Creamer knew that not only this hockey player, but if he loses again tomorrow, I am afraid that all the investors who gave him a good knife, and even the gang of Wall Street institutions who followed him short positions, would not let him go. !
Now Creamer needs US dollars, a lot of US dollars, to hold down the double-click stock price, and he has to hedge funds to be rescued.
picked up the phone, Creamer made another call, "Please help me connect Director Carl Icahn!"
"Director Carl Icahn, it's time for you to fulfill your promise. I need your support. If it fails, I'm afraid I won't be able to return your $20 million on time."
Creamer said in a pleading and threatening tone, threatening that if Carl Icahn didn't save him, Icahn's company's $20 million would be lost.
Hearing Creamer's words, Carl Icahn was only silent for a moment, and then said directly, "Icahn, I will not give you another dollar, and I want you to return all the funds belonging to Icahn immediately. , otherwise Icahn will sue!"
Creamer was a little anxious to hear this, "Carl Icahn, you promised me..."
"I need to tell you another word from Wall Street, I'd rather have a dog than trust the people on Wall Street!"
After Carl Icahn hung up the phone, he sneered, looked at the long order in his hand, and couldn't help shaking his head, who said he would only be short, and when he noticed that the form was wrong, Carl Icahn decisively started to do long and double-click the company. , Today's profit has long exceeded the 20 million US dollars several times.
Seeing the high and scary short-selling rate, Carl Icahn, like Goldman Sachs, is ready to cut a leek.
"Funds were obtained near the close, and it was Wall Street institutions and other institutions who entered the market, not us!"
In the ICQ office building, a conference call is also being held at this moment.
(end of this chapter)