Chapter 357
Chapter 357 Hunting
At this time, Wall Street, as well as Internet technology companies in Silicon Valley, are watching the diving performance of Double-Click.
Creamer "followed his words", and with one order, an Internet company whose market value rose to US$2.8 billion, its stock price dropped from US$19 to US$9, and then plummeted to US$5. !
Double-clicking the stock price rose from $4 to $19, and the market value also exceeded $2.8 billion, but on this day, everything was gone.
When the Nasdaq closed, Creamer called out again, threatening to give DoubleClick a week. Executives such as Whitman leave Double-click, etc., and he will continue to short Double-click!
According to the requirements of the Commonwealth of America Securities, if the stock price is lower than one dollar, it will be warned and forced to delist.
Before, the outside world didn't take Creamer's threat to delist Double-Click, thinking that he was talking harshly.
But now, in just one day, Creamer wiped out Double-Click's market value of $2.1 billion, and the buyback of tens of millions of dollars still can't stop Creamer's threat.
The Internet companies that are in full swing, after the stock price of the double-click company plunged, it seems to have been poured with cold water. If Creamer really makes the stock price of the double-click company sluggish for a period of time, then the double-click company may be delisted of!
Double-click was so "vulnerable" when facing Creamer. Although there were many Wall Street institutions behind this, they were defeated just like that. Both Wall Street and Silicon Valley technology companies were caught off guard.
The double-click companies in Houston and New York are all gloomy at the moment. The management is sitting in the office and refreshing the webpage casually. On Yahoo, AOL, Netscape and other websites, there will be negative news about the double-click company, and various Scary headline.
"Double-click is only one week away from delisting!"
Even the sister company, ICQ's just-launched portal, published this news on the front page. I don't know if the editors of ICQ didn't review it, or they deliberately made it livelier. Anyway, this headline appeared on the front page of the ICQ portal.
The phone rings from time to time, most of them are media and reporters who want to come to interview, double-click the company's executives, and look in the direction of the department manager and the director's office from time to time, but until dark, double-click the company's executives, all There was no movement, and Song Yang, Whitman, Ryan and other people who decided to double-click the company's fate were also holding up their avoidance cards, and they were collectively invisible.
Shuangshuang's board of directors and co-president did not move, so that the pessimistic atmosphere spread within the company, and media reports were already overwhelming.
Internet, technology, finance, finance and other media are all reporting on Creamer's war against DoubleClick, and it is likely to overwhelm DoubleClick.
What's more, the other major shareholders of the double-click company, as well as several companies that are closely related to Song Yang, I don't know whether it is a coincidence or man-made, WPP Group, Yahoo, Enron, Telephone and Telegraph Group, etc., in the late trading, all of them fall.
This was not a big deal at first, after all, it is normal for stock prices to go up and down, but at this juncture, everything will be magnified several times!
Double-clicking a company for a while may really delist, and even lead to the collapse of Yahoo, Enron and other companies. Rumors are endless.
More importantly, shortly after the NASDAQ closed, some people began to appear, as investors of Double-click Company, and began to publicly shout in the media to let Song Yang, Whitman and others leave Double-click Company, satisfying Creamer's request is to avoid the double-click company being delisted. Otherwise, once Double-click is delisted, investors will start a class action against Song Yang and other major shareholders for fraud.
In just one day, the demons began to dance wildly. When Double-click had just won the upper hand in the New York court with the Trade Commission, the media in New York and Wall Street were touting Double-click, and even ranked Song Yang in the technology industry. Number one on the power list.
But now, the attitude of the media has undergone a 180-degree change, criticizing Song Yang, Whitman and others for their inaction, which has brought Double-Click to where it is today.
As for Creamer, it is naturally touted. The Wall Street Journal, New York Times and other media have put Creamer's photos on the front page, and the TV news reports are all about Creamer's various news and speech.
Every word he said casually has to be analyzed by various experts and the media for a long time, studying the meaning of Creamer's words.
As for predicting that Creamer's hedge fund will reach the level of Soros' Quantum Fund and Carl Icahn's Icahn Company, no one doubts that Creamer will be the next leader in Wall Street. The presence!
In a luxury hotel apartment in New York, the lights are feasting at the moment, and a large group of small models and stars walk through it.
In the middle of the hotel apartment, a man was standing in the middle of the room, holding a wine glass and berating Fang Qiu. There were a group of people standing around, all looking at the man like believers.
Sabona, who is in the hotel at the moment, is a young model who has been to many top parties in New York. She has seen this group of "believers", and she is also surprised by the attitude of the man in the middle.
She knew that many of these "believers" were big names in New York, and at last they were also expensive people. Among them, the man who always wore a straw hat and dressed as a farmer was in the surrounding area of New York. , has a farm of nearly 100 acres.
Being able to own such a farm near the Big Apple, where every inch of land is expensive, is the accumulation of generations of men. With this farm, even if he is lying down, he is enough to enter the upper class of New York!
There are several other characters, and Alberta recognized that one of them is a tall, white bear-like man who is the main force of the NHL ice hockey league and the New York Rangers.
Elena had seen this man on TV before. He was playing the role of a thug on the court. He faced each other several times in a one-on-one match. On the ice hockey rink, the extremely fierce big white bear was concentrating on listening to the game. With the words of the man holding the wine glass, there was an expression of excitement on his face from time to time.
Creamer took a sip of the drink. The spicy drink stimulated Creamer's nerves and made him even more excited.
The plan went smoothly as expected, and the resistance on the double-click company was like paper, and it was pierced by him with a light poke.
The people present today are some of the heads of Wall Street hedging institutions that shorted with Creamer, and some are clients who have invested in Creamer's hedge fund. He wants to let these people know today's record.
It is also to allow them to better cooperate with their own plans. If Double-Click Company does not want to be delisted, it can only increase its stock price. However, in the face of the current situation, Creamer does not think that Double-Click Company has the power to fight back. It can only be harvested by Creamer like cutting leeks!
"Today is just the beginning, tomorrow we will let the double-click share price officially drop to $1!
Today, Creamer's hedge fund's income exceeded 36%, and the profit exceeded 170 million US dollars! "
Creamer revealed today's income to a group of clients, which was close to 200 million US dollars. The eyes of everyone present, including those models, began to change when they looked at Creamer.
Farmers in straw hats, ice hockey players, and other people who invested in Creamer's hedge fund, after a simple calculation, knew that they had earned more than 15% today, which is better than depositing money in a bank, or what Investing requires a lot of huge profits. Some people even regret that they invested too little money. Otherwise, they would have made millions of dollars in one day.
There were quite a few people with flickering eyes, obviously wanting to find Creamer and make another investment. Let alone these people, just looking at the eyes of the models and little stars around, you can know that even they are a little jealous up.
Shorting is indeed a huge profit, not to mention that Creamer has added leverage. As long as the stock price drops by double-clicking, you can get doubled profits.
Crimer arranged a plan for a group of Wall Street hedge fund managers and his clients, that is, to continue shorting tomorrow, forcing the double-click company to save the stock price with real money, and let them continue to cut leeks.
"Now, let us enjoy this moment. When this plan is over, I hope you will drive a truck and come to Creamer Hedge Fund to take away your dollars!"
Creemer held his wine glass high, and said to the people in the hotel apartment, then picked up a big knife, and threw it at the models and starlets, and immediately the knife flew around the room, becoming even more luscious.
"Do you think Creamer can win this time?!"
In a mansion in New York, Carl Icahn is sitting with his "old partner" Michael Milken, the junk bond king. It helps a lot.
When they played against Philips Petroleum, the latter had high cash reserves and fought against Carl Icahn's hostile takeover. As a result, the junk bond king raised a huge amount of money for Carl Icahn. Milken is a small expert in making money. In the 10s, they raised 93 billion U.S. dollars by relying on junk bonds, with an average of 10 billion U.S. dollars a year. Milken's move allowed Carl Icahn to defeat all competitions and put Philip Oil in the bag.
The two cooperated tacitly. Milken was in charge of issuing junk bonds to raise money, and Carl Icahn was in charge of investment acquisitions. Both of them made a lot of money, but they were tricked by Milken. What about the investors who bought those junk bonds? In this way, it is unknown, anyway, the US knife has already entered the pockets of Carl Icahn, Milken and others.
However, if you walk too much at night, you will always encounter ghosts. After the golden age of junk bonds passed, Milken also stumbled. "After only one year in federal prison, Milken was released immediately after the limelight faded. After he came out, he was still a billionaire in America.
Now Carl Icahn and Milken are still closely related. Although Milken is banned from playing junk bonds, Milken's contacts and relationships are still there. His theory of making money is still prevailing on Wall Street. One of the big names on Wall Street, just not on stage.
Hearing Carl Icahn's words, Milken, who is just 50 years old this year but has lived a retirement life ahead of schedule, shook his head, expressing that he didn't know. Looking at Creamer, who was so beautiful on TV, Milken couldn't help but think of The scene that he was sought after by the crowd back then.
After watching for a while, Milken suddenly smiled at Carl Icahn and said, "But Double-Click is not a "junk stock" company!"
(end of this chapter)