754. Senior
"Did you fall a lot?" Dong Qiangqiang was curious and turned around and walked out, but ended up running head-on when he ran into Qu Shan who was just walking to the door of the classroom.
Qu Shan asked, "Why don't you go into the classroom?" He turned a deaf ear. Qu Shan muttered "Strange" and walked in on her own.
"Well, (falling) is more than 1 yuan, and I can't hold on to the 30 (Euros/share). This transaction is likely to affect its second quarter report."
"Generally speaking, will the acquirer's stock price fall and the acquirer's stock price rise?" Dong Qiangqiang did not read the news and did not understand the details. "Why did Victory Di's company be accepted, but its stock price fell like the acquirer? Do you know the reason? I have been paying attention to Victory Di recently, but I haven't heard any news in the market before."
"The news said that the pay TV company owed News Group a lot of money, so the acquisition was 750 million yuan in cash (Euro) plus 750 million yuan in debt (Euro), which means that the money owed by TV company Lao Mo was wiped out, totaling 1.5 billion yuan, rather than an all-cash acquisition. As for the acquired party's stock price not rising but falling, I understand that Victory Di only sold a hot potato in his own basket this time, not all the potatoes in the basket. The capital market is not optimistic about this transaction, and it is probably because neither party has benefited from the transaction: Victory Di did not get the update.
How much money, 750 million cash is a drop in the bucket for its more than 30 billion debt, but it is a waste of money by selling non-performing assets that the world is very short of liquidity and must cut off its arms to survive. If it is done, more creditors will come to collect debts. If this is the case, maybe it will have more sales this year. News Group does not marry a wealthy daughter, but is just an ugly daughter of a tenant. If it is just ugly but a kind person is, it is afraid that ugly people will make more mistakes. I have checked that TV company and it has been losing money for n years. It is a bottomless pit."
"Then News Group wants to buy it for Mao?" Dong Qiangqiang was curious by Duanmu's analysis.
"I guess I'm thinking about the users in my hands. It has more than a dozen TV channels and tens of millions of users in Europe."
"As long as the population of Europe, having users of this magnitude can no longer be considered an 'ugly daughter'. These German TV stations seem to be worse than it."
"No matter whether it has more or fewer users, it will be good for us if it falls. You can update this news to our official website as soon as possible today, remember to have pictures and texts, and also, the more pessimistic your prediction of the prospects of Prestige, the better. I will send some press releases for your reference later."
"Okay. Do it after school." Dong Qiangqiang joked, "Will anyone watch it?"
"If you don't write it on you, if you look at it, if you look at it, we can't control it. But if you don't write it, we will definitely suffer." Duanmu also smiled, "I dream that it falls to 1 euro every day, then our options will be worth the old nostril money."
"It's so vicious and crazy." Dong Qiangqiang saw the teacher flashing into the classroom with a book, and hurriedly walked back quickly, "I have to go to class, and I'll talk to you later when I go back."
"Wait a minute," Duanmu shouted on the phone, "I'll send you an American short-selling website. His ideas coincide with us, maybe we can learn from it."
"good."
"Also, can you still contact the hacker who wrote the software for you?"
"I can't, but Hans should be able to do it. Why ask this?"
"There are many places to be modified in that stock selection software. In addition, the company's official website will increase paying users in the future, and these need to be maintained. If I don't want to hand over all these to him, we will finish the money. What do you think?"
"He's not cheap," Dong Qiangqiang reminded, "You were there at that time, you know."
"Don't be afraid of the high price..." Duanmu just started, Dong Qiangqiang knew what he was going to say, and the two of them spoke in unison, "As long as they have good skills."
Duanmu sent Dong Qiangqiang a website called "Stock Lemon". Similar to Cicada Catching, the website owner openly provides his own short-selling report on the website in the form of publishing his own blog for free to download. The page style is extremely simple and it seems that he doesn't take much effort.
Through the self-introduction of the website owner, Dong Qiangqiang learned that this man named Andrew Lefter was a few years older than Duanmu and Dong Qiangqiang. He was born in a Jewish family in the suburbs of Detroit. His first job was to telemarket investment products. He accidentally entered the stock market when he was in his early 20s and started to engage in short selling. In recent years, he often published short selling reports on listed companies that he believed were overvalued or suspected of fraud in the name of "Stock Lemon". It often appeared in various media such as the US Consumer News and Business Channel (Bberg News). He is famous for providing short selling advice to investors. He can be regarded as a radical short seller and is known as the "Wall Street Bounty Hunter".
What shocked Dong Qiangqiang was that both stocks that Lefod shorted in August and December 2001 were delisted, while the two stocks that he shorted in January and March 2002 saw a 52% drop, while the other fell by 68%.
What kind of achievement is this? It's simply terrifying! Dong Qiangqiang felt a bitter and astringent taste in his mouth. I couldn't tell whether he was envious or shocked, or both.
What made him even more speechless was that the person who completed all the short reports was the only employee of the company, namely Left himself.
A person, a pen, and a U.S. securities institutions can do something that cannot be done by themselves, and a listed company that is single-handedly falsified is simply the embodiment of justice.
With strong curiosity and awe, Dong Qiangqiang opened the short-selling report written by Leford, trying to understand and learn from each other's ideas and plan design from the lines.
He spent the night reading repeatedly. Because he was too devoted to reading, he did not remember that he had not had supper yet until Duanmu called again.
"The website you pushed me is so awesome." Dong Qiangqiang was shocked. "I never thought where that guy got the news from, pieced them together in a complete way, and then presented it logically."
"Hehe, his grades last year were very good, and of course this year was not bad, so he has been very popular on Wall Street in the past two years and is a good senior. You have read his report and tell me what it feels like."
"The writing style is like a knife, and you can go to the vital point when you take action, and you will never drag it out. One word: clean and neat." Dong Qiangqiang sighed, "I definitely can't write the absolute killing type of one blow."
"You don't have to learn from him, and the reporting style does not have to be consistent with him, because many people criticized him for sensational bluffing. We only started to do it, and it's the most important thing to find out your own characteristics. It doesn't matter if you can't write it and kill it with one blow, but you can just write it with a dull knife. I've asked someone to ask for it. He was also in the same situation as ours at the beginning. After a long time, he begged his grandfather and grandma everywhere but no one paid attention to it. It was not until last year that An Ran had an accident. In addition, he mainly shorted the stocks in the OTC market (OTC) or the American pink list market (Pis), rather than in the New York Stock Exchange (NYSE) or the NASDAQ. There is almost no independent information about listed companies in OTk Sheets, so it is easier to manipulate stocks, which is very different from our difficulty."
"Then should we also consider the two over-the-counter markets you mentioned?" Dong Qiangqiang asked.
"It's probably too late now, so you should focus on the main board of the US stock market. My intuition tells me that there should be many listed companies this year, otherwise Americans wouldn't be rushing to introduce that bill. Let's try to write the next few reports in June, and victory will be ours sooner or later. Remember one thing, Andrew was about the same age as us when he entered the industry, and maybe he was younger. What he could do, we would definitely be able to do it."
The third game of the Chinese men's football team was held in Seoul at that time and now in Seoul. The Chinese team lost three goals in Turkey without any suspense, ending the World Cup journey with the bottom of the group.
Lao Bai and others listened to the scolding and returned to China. Lao Bai didn't feel like losing because he felt that Chinese football has always been at this level. What he couldn't accept was that he didn't make money when he returned to China.
Fortunately, the travel agency is more reasonable, and the ones sent to him are all shopping groups in Japan. They watched the game, traveled like shopping without delay. The three of them even led a team to Tokyo Disneyland, and the crowd was having fun.
It was not until the end of the World Cup at the end of June that everyone discovered that the top three were Brazil, Germany and Türkiye, and it was not embarrassing that the Chinese team lost to the champion and the third-tier CC.
The German team, which missed the championship, returned to the country in disappointment. The German domestic football world was full of curses, but it was not the German players, but the Korean referee.
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Chapter completed!