When he first saw the NASDAQ market data a few days ago, especially when he saw the stock price of Huang Yi Company, which had just been newly released, Gu Kun was really shocked.

He was messing around on the Xiangjiang side, and before he knew it, it was early April. Counting the days, it has been more than three months since the Nasdaq peak fell back and more than 70 trading days.

Before Christmas last year, the Nasdaq index reached an instantaneous high of 4,700 points, but the plunge of more than 700 points the day before Christmas Eve directly re-broke the 4,000-point integer level.

The follow-up fluctuations fell for 70 trading days, with an average of 100 points per week and as much as 2 or 300 points.

All in all, before April Fool's Day, the Nasdaq index finally just fell below 2,000 points after struggling.

Originally, in history, the sign of "entering the Internet winter" was that "the Nasdaq index has always hovered around 1,000 points" for about two or three years.

In this way, it has just fallen halfway now, and it has fallen more than half of it when it was more than 4,000 points, but there is still at least one downward space for halving in the future.

Huang Yi's Ding Sanshi forcibly squeezed into the bloody listing at this time, and the situation was indeed much more severe than the bloody listing at the end of June in another time and space. In the original history, the Nasdaq broke 2,000, and it had to be the time for the summer season in July and August.

"The brokerage underwriting price is 3 yuan 5 US dollars, and the actual opening transaction price on the first day of listing is 2 yuan 9, which is also too miserable. The Wall Street underwriting brokerage directly lost 6 cents a share, how did it do it?

Looking at these specific numbers, Gu Kun was also a little surprised.

2 9 is only the opening price of the day, and the last close is 2 6 Mao 8. Today is April 3rd, after the calm of the middle two trading days and the weekend, I struggled a little, and it is currently 2 yuan 7 cents 5.

According to this trend, Gu Kun's plan of "waiting for Huang Yi to fall to seven or eight cents a share and then buying the bottom" may be realized a lot of time in advance.

Gu Kun specially called Liang Jinsong for this reason, asked the other party's opinion, and talked about "why Huang Yi fell so badly and directly broke the issue price".

Liang Jinsong didn't know the history, but since Gu Kun had to say that the price was low, he could only help Gu Kun analyze the reason.

After a little discussion, Liang Jinsong put forward an afterthought that Gu Kun could accept: "It should indeed be underestimated, right? It may be that there are too many bleeding listed companies in the recent intensive IPOs, and the blood in the secondary market has been drained. ”

Gu Kun felt that this did make sense.

Although Huang Yi was originally listed three months after the NASDAQ began to decline, this time it was also listed three months after the NASDAQ went down, and it seems that this time node has not changed.

However, because of the advance of three months, many companies that did not need to be "bloodied listing" have also become "bloody listings", so the companies that came to snatch the bloodshed listing funds have piled up.

For example, Peter Thiel's PayPal is a typical "blood listing in the previous life, this life has become a bloody listing".

And piling up IPOs will lead to a shortage of funds, which is almost a common sense in the stock market.

If you don't see the future generations, you have to die to go public in 2012, and as a result, several small and medium-sized start-ups that were originally going to be listed at that time have advanced or postponed their plans. In order to be afraid that I will have to die, I will have to suck up the hot money flowing in the market, and the underwriting price and opening price are too miserable when I go public.

A few small companies with particularly iron heads do not believe in this evil, and they have also become negative teaching materials.

Later, the reason why Ahri Baba was listed on the NASDAQ at the end of 2014 was also adjusted, because he read the lessons of those negative textbooks, so he postponed it a little later, so that the capital pool could store more water. Ma Feng's original plan was to be a few months earlier.

Unfortunately, those are the experiences summed up in the later ten years, and the NASDAQ market in 2000, whether entrepreneurs or investors, has not yet summed up the law in this regard.

What's more, even if Ding Sanshi summed it up, he didn't have any other choice, and maybe he would die completely.

Gu Kun sighed with emotion, and couldn't help but calculate an account in his heart: "It's really different, I remember that in the previous life, Ding Sanshi seemed to be the richest man in the mainland of China for a few days when Huang Yi's stock price instantly rushed to more than a dozen dollars a share."

Now the highest peak is only 2 yuan and 7 cents, which is less than 20% of the peak of 13 or 4 yuan in the previous life, that is to say, the highest value in history is only two percent of the richest man in mainland China. ”

The young man who originally had the opportunity to be the richest man in the mainland was pressed to the peak of his life and could only reach 20% of the richest man, and Ding Sanshi could be regarded as paying the price for his rhythm of mouth.

It's just that this price seems to be just a heavenly punishment at present, and Gu Kun didn't even make a move against him.

Entrusted by people, loyal to people.

Liang Jinsong has also accepted Gu Kun's entrustment for several years, although after this wave of market is completely over, he has the intention of retiring from the rivers and lakes, but seeing that Gu Kun has cared about Huang Yi's affairs so many times, he can't help but take the initiative to help Gu Kun come up with ideas:

"Gu Sheng, have you always wanted to collect some shares of Huang Yi and beat it to control it, right? It's just that you think that 2 yuan 7 is not low enough, and you still want to wait for it to fall slowly before you do it? I think that if you really have a reasonable basis to think that Huang Yi can still fall, take advantage of the current bad environment, short it to spread bad news, and knock down all the things that should fall in the future, then you don't have to wait too long. ”

"Short stocks?" Gu Kun was stunned for a moment, and then took a slight breath.

This is to take advantage of people's illness to kill people, and the feud will be great.

To tell the truth, Gu Kun felt that his previous thoughts were indeed a little too dependent on the prophetic foreknowledge of the reborn.

Because he knows history, knows that even if he doesn't do anything, let history develop naturally, Huang Yi can naturally fall to five or six cents a share at the lowest point of the Internet winter.

Therefore, Gu Kun has formed a path dependence, and he has never thought of being a villain and scolding people, and always wants to wait for the other party to fall harmlessly, and wait for the heavens to punish him.

And Liang Jinsong doesn't know history, but his thinking is much broader than Gu Kun's. Seeing that Gu Kun had been concerned for so long, and he didn't make any moves, he couldn't help but directly persuade the boss to be ruthless.

The operation of shorting, of course, is not limited to shorting the market, and is not limited to the tricks of "futures contracts" in the Hong Kong stock market before.

For individual stocks, it is also possible to short. In the future, there are also some ** companies that have been shorted on the NASDAQ, and many of the shorted companies are financially despicable, and they can even be said to be deserved.

However, shorting will lead to the shrinkage of the assets of Chinese shareholders, if a company invests more in the mainland in the early stage, but Gu Kun goes short, it is a bit unjust, and it is easy to damage Gu Kun's pro-China people to set up a field, then it will not be possible.

Gu Kun didn't care about this issue before, and at this time he had to temporarily ask Liang Jinsong for confirmation: "It's still prudent to be short, I have to consider international relations - have you checked where Huang Yi's original money came from?"

Unexpectedly, Liang Jinsong actually did his homework in advance, and replied casually without checking: "I checked, the early funds, more than 2 million yuan one after another, are all the money of Ding Sanshi and several other so-called co-founders/first-phase backbones."

They lasted for nearly two full years of more than 2 million yuan, and when the money burned about the same, Huang Yi had already made a good signboard and squeezed into the ranks of the three major portals in China. So the follow-up money is all Murdoch's News Corp money, and there are no other outside investors before the IPO. ”

"It turned out to be Murdoch's money invested by the glittering man, so I don't have any psychological burden. Murdoch's News Corp. and Fox TV are veterans of Black China. Gu Kun secretly regretted why he hadn't thought of knowing these common senses.

As a reborn, he has always had no good impression of Murdoch, even before 2016, Gu Kun always knew that Murdoch was a mongrel who liked to control public opinion and export evil ideologies, and had the potential to be a media demon of all the flash gold clans.

And after 2016, even ordinary Chinese people who don't care about politics and public opinion know that Fox is a mad dog TV station that gives some mad dogs a platform for politicians who climb and bite like crazy dogs.

It is estimated that Huang Yi's pro-Oceania belt rhythm background was also brought by the big investor Murdoch.

"What is the nature of Murdoch's equity? Is it a preferred stock? It shouldn't be able to be sold immediately after listing, right? When can he run away?" Gu Kun quickly asked after sorting out his thoughts.

Liang Jinsong: "It is a preferred stock, according to the regulations of the NASDAQ, the preferred shares cannot be sold within half a year after listing, and the ban can be lifted after half a year - this is similar to the principle of non-restricted sale in the mainland stock market." As for the shares of Ding Sanshi and the founder's team, they will be locked up for a longer time. ”

The concept of "big and small" is generally familiar to shareholders, that is, a mechanism set up to prevent founders and early investors from throwing away all of them immediately after the stock is listed.

In Huang Yi's case, Ding Sanshi and these people are the founders, so their equity is roughly equivalent to "Da Fei", and they will be banned for a longer time, and Murdoch's shares are equivalent to "Xiao Fei", and the ban will be lifted earlier.

When Gu Kun heard this, he immediately decided: "Then since it is possible to short, we will do it with a big ticket, even if he delays April 1st for six months, it will be October 1st - we must ensure that on October 1st this year, before Murdoch can sell stocks and run away, we will short Huang Yi's equity, and Lao Tzu will make Murdoch's venture capital lose money!"

As for the reasons for shorting and short news, you can think slowly, anyway, the rhythm must be in line with this speed, and don't consider the slow moves and slow moves that can't be effective before October 1st. ”

After Gu Kun prepared to escape from the wilderness, he found a time difference to eat most of Huang Yi's NASDAQ tradable shares and Murdoch's part of the unrestricted shares, and then trained and reformed them well, and those who refused to accept it died.

Whoever dares to disobey Gu Ye's management on the issue of rhythm in the future, he will have to talk about credit when he comes out, and he will do whatever he wants.

As for the bad news, Gu Kun believed that he could find it.