Back To 1995

   Chapter 367 Chicken feathers fly to the sky

In one sentence, the double-click stock price in the past two weeks, that is, chicken feathers flying into the sky, and heifers flying by plane, is really unstoppable. The stock price has risen from four dollars to one hundred and fifty-eight dollars. , how long does it take in between.

The market value of US$23.7 billion, let alone in the Internet industry, is the only one for scorpion shit, even if the entire American technology stocks are ranked close to the top 20, and the one in front of DoubleClick, also It is Microsoft, IBM, Cisco these companies.

When it was reported that Double-click began to transfer tradable shares and closed their positions to the hedge funds, Double-click’s stock price immediately fell, without any hesitation, and fell by one-fifth in just a few minutes. share price.

Later, more news broke the news that when it was reported that Castle Hedge Fund, etc., came to close the double-click short-order option at a price of one hundred and fifty dollars, the outside world could not help but bring the gang of Wall Street hyenas for a while. There was a little pity, but it was only for a moment. These people used to eat people without spitting bones. This time they kicked the iron plate!

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

After Double-click, KKR Group, and Deutsche Bank Investment Bank transferred the outstanding shares, the share price of Double-click quickly began to fall. In just three days, it fell to fifty dollars. It was already running clean.

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

   Some Wall Street analysts claimed that these were the hedge funds. In order to raise funds for liquidation, they had to sell other stocks. A large number of sell orders caused the entire Nasdaq to collapse in a short period of time.

This scene scared many people into a cold sweat. Double-clicking the current stock price, they all made this kind of movement. They dared not imagine that if the double-clicking stock price was higher, the hedge funds would not be able to close their positions at all. It will not completely collapse the Nasdaq.

Double-click’s stock price plummeted 70% in three days. As for those who bought Double-click’s stock, unless it’s a real leek and a knife-edge licking blood is now taking over, or selling it at the current price of $50, the stock price has doubled nearly tenfold, absolutely not. It may be a loss, unless it is a too greedy gambler, holding on tight and not letting go.

After reaching the price of $50, the stock price of DoubleClick began to stagnate and gradually stabilized. Obviously, whether it is short DoubleClick or long, DoubleClick's stock price is $50, and the market value is $7.5 billion. Around the knife, although this market value is still the highest among the Nasdaq Internet stocks, it is not so outrageous.

   "Double-click company issued an announcement today, announcing a dividend plan with a total dividend of more than 170 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 will give Whitman, Ryan, Marcus and other Double-click executives, about $54 million in rewards, and Double-click co-president Whitman's dividends and bonus compensation this year will be possible. Reach an astonishing 20 million people and become one of the "most expensive professional managers" on Wall Street!"

Double-click has released multiple announcements in a row, which is basically a fancy way of "dividing the spoils", giving the major shareholder Song Yang, and giving the executives like Whitman cents. Of course, the little leeks who invested in Double-click also got "rich "The dividends, but compared to the double-click major shareholders and executives, it is not worth mentioning at all.

If it was another listed company, they would have been sued for such a blatant play, but investors are basically turning a blind eye to the double-click play. After all, these days, the double-click gives them Earning too much, so they really can not stand up against the double-click management.

   These sassy operations of double-clicking are a surprise "splitting of the spoils", and they are all generous, which inevitably makes the outside world wonder how much money is earned by double-clicking this time.

The Wall Street Journal, the most well-informed, first broke the news, "According to the statistics of Wall Street analysts, this time Double Click, KKR Group, and Deutsche Bank Investment Bank, relying on the long-term double-click stock price, the income brought by the double-click is more than four billion dollars. Between $5 billion, there may be more gains in the future.

Double-click shorting is undoubtedly the most tragic short-selling event on Wall Street this year. More than 34 hedge funds have declared bankruptcy. Nearly 100 investors worth more than $5 million have been forced to go bankrupt, and there are many related The company expects serious losses this year! "

When I heard Double Click, KKR Group, and Deutsche Bank Investment Bank, this wave has made billions of dollars, and the outside world was in an uproar. In just a few days, these three companies engaged in a "large-scale slaughtering pig". If you don't envy you if you cut a lot of leeks, it's definitely fake.

But I am afraid there are not many people who dare to play the double-click set. This time, the double-click occupies the right place and the right place, and its own outstanding shares are not large. In addition, it is riddled with lawsuits, and it goes to court with many federal departments, and various negative reports continue. , so that short-sellers are eager to double-click, and they will plunge into the set trap, resulting in this result.

   If it was another company, I am afraid that in nine out of ten cases, the hedge fund that has been shorted for a long time succeeded. After making a lot of money, he left this place with feathers, patted his **** and left.

This wave of fishing in troubled waters has made a fortune, but not only Double-click, KKR Group and Deutsche Bank investment banks, just look at investment banks such as Goldman Sachs, Citigroup and Morgan, this time they all secretly poked and announced the implementation of executives. With generous rewards, you know that they may not earn a lot at all.

Unexpectedly, it was previously announced that it was not optimistic about Double-click company's acquisition of Icahn, Carl Icahn of Creamer's platform. The outside world thought that Carl Icahn would fall, but Icahn suddenly announced that a new In the quarter, several hedge funds under Icahn's company may have record revenue!

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

On the TV, Carl Icahn was talking eloquently, and he couldn't see that he was on Creamer's side before. Looking at the smile on Carl Icahn's face, he even threatened to enter the double-click board. Instantly understood that Creamer was afraid that the wolf of Wall Street would directly sell him for a few dollars.

In an apartment in New York, Creamer, who was under residential surveillance by the New York Federal Prosecutor's Office, watched the news on TV and saw Carl Icahn's figure. .

Seeing the news of Double-click, KKR Group and Deutsche Bank's big profits, Creamer's heart is bleeding. Double-click and other companies earn a considerable part, but they are all contributed by him. Watching TV news, Creamer believes that all this originally belonged to him, flowers, applause, touts and beautiful knives, but now everything is gone.

The appearance of Carl Icahn made Creamer's eyes even more red-eyed. Now, Creamer understands that he is not wronged to lose the double-click battle. Double-click has been preparing for a long time, and Song Yang is desperate. Support, and would rather double-click the delisting attitude to teach them a lesson, so that Creamer also knows that he will definitely not win.

But if you can't win, you can't win. Cremer believes that if Carl Icahn didn't suddenly backstab, if he could provide him with ammunition and stand up to support him as agreed, then even if he lost this time, he would not. Being so embarrassed, at least he will not be defeated like a mountain, and there is still a chance to breathe. Maybe he can retreat with the words such as Castle Hedge Fund.

   Then a news on TV lifted Creamer's spirits and watched TV expectantly.

"A number of financial regulators, including the Federal Securities Regulatory Commission of America, are investigating the double-click incident. Today, a spokesman for the Federal Exchange Commission declared that the double-click has no breach of contract, is not suspected of manipulating stock prices, etc., and has now dismissed many Wall Street Hedge Fund sues DoubleClick!"

Seeing this, Creamer's last belief was broken. The only chance he expected to turn around was for the Federal Securities Supervisory Commission to prosecute Double-click. Only if Double-click was charged with stock price manipulation, fraud, etc., would Creamer be able to Filed a lawsuit against Double Click Company.

But now, looking at the fluttering sentence, I am afraid that no investigation has been done at all, and the investigation has been announced. Double-clicking the news of this innocence made Creamer unable to bear it any longer, and angrily smashed the tableware in his hand at him. The TV vented and smashed everything in the room.

   Sitting outside, the security staff of the New York Attorney's Office in charge of overseeing Creamer, did not lift their heads when they heard the movement in the room, just looked at the newspaper in their hands.

Other people who are under supervision are afraid that people will run away, but people who supervise Creamer are not worried. This guy has a life here now. Once he goes out, he is afraid that he will be given to him on the street. Killed, the money was invested in Creamer's gang, and the people who were looking for Creamer in New York even offered a high bounty. The supervising people did not sell Creamer. It is already professional ethics. .

No accident, Creamer will be prosecuted by the New York Federal Prosecutor's Office in the name of illegal fundraising and fraud. In the next ten years, he may have to squat in a federal prison and step on a sewing machine, but for Creamer, this may not be the case. If you can pick up a life, once you go out, you can't say that you will encounter an "accident" immediately.

  In a hotel in San Jose, a banquet is being held, wine glasses are staggered, and bottles of expensive wine are constantly being carried up.

   Today is a "Celebration Reception", Edison, Kravis, and the executives of Double-click all came to the scene.

   "Salute to Bruno Song!"

   Having drank quite a bit, Edison was drunk, holding his wine glass in the direction of Song Yang, and shouting to the crowd, and the wine club burst into cheers.

Evan Spiegel roared along with his voice. He didn't have the slightest image, and he didn't care anymore. After all, anyone who suddenly became worth more than $40 million overnight would have to indulge, not to mention Evan Spiegel's age.

   (end of this chapter)