Chapter 716: Who Else? (4500 word chapter)
The Strus mobile phone system is actually the most widely used mobile phone intelligent operating system. Almost 80% of the world's mobile phones are in use.
The system of Strus mobile phones is more advanced than the mobile phones produced by other companies, which makes the sales of Strus mobile phones in the world always very good. In addition, Strus collects $16 billion a year in royalties. This made Strus very profitable, and the company's market value soared as a result.
Everyone knows that the stock price of Strus has a lot of moisture, as the company's stock has been at a premium of 1,200%. It's definitely a huge bubble.
However, in the past week or so, Strus's stock price has been suppressed, and it has fallen from the original $231 to $183. The sale of Strus mobile phones and the income from transfer fees for mobile phone systems have given investors a high level of confidence in the company.
Link also feels that Strus's stock price can easily stabilize as long as it is strongly supported. In fact, over the past week or so, Strus's stock has indeed performed as he expected.
Although Neil spent nearly $14 billion to buy back Strus's shares, the percentage of shares repurchased was not particularly high, only 4% of them.
Strus's stock has been largely stable thanks to investor confidence.
Link thought that Strus's stock did not need to be too worried, but the media suddenly reported a news: the mobile phone system jointly developed by Apple and Motorola was officially launched, and the system is more intelligent and operational than the Strus system used now!
As the news broke, there were a large number of sell orders for Strus's stock.
"At first, it was a big order, and then a small order joined. Someone made a move. ”
Link didn't expect his opponent's target to be here.
Strus is a cash cow for the Ozette consortium, but also borrows a lot. The other party seems to want to start with this company.
Link also knew that Strus had a lot of water in stock, but its expansion would soon require a lot of loans, not just from Link's bank, but also from other banks.
At present, Strus's debt ratio has increased to about 50% as the stock price has fallen.
In other words, if the stock price falls by another 50%, Strus will be insolvent. Those banks had an excuse to force Strus into debt.
Link took a quick look at Strus's balance sheet, then looked at the stock market's performance.
Strus's stock price has been falling.
And the decline of the Dow Jones index is also close to the first circuit breaker.
Link immediately picked up the phone and dialed Neil's number: "Neil, Strus's stock, set a threshold of $80 to buy back all shares below this price." ”
Neil probably understood Strus's situation as well: "Understood. "If Strus's stock price were to drop to $80, it would only cost more than $50 billion if all the shares were recovered. He has the money he can support.
Link immediately called Carrick again, "Carrick, is the new system commissioned?"
"It may take another month to complete the testing of the existing tool. ”
"Is it basically stable?"
"After testing, the basic performance is stable, but trying some compatible tools, there may be lag. ”
Link thought for a moment and said, "I can't wait here, you are ready to make a new mobile phone right away, and those tools that will cause lag should not be compatible first." ”
“OK!”
Link hung up the phone and called Morris again, saying, "Morris, Carrick will contact you." Be careful with confidentiality. Wait for my follow-up orders. ”
"Okay!"
Link didn't expect the other party to make a move against Strus, but fortunately, he didn't eat his old book all the time. Carrick hasn't stopped improving.
At the close of trading on Thursday, Claire was busy asking the banks to count their market capitalizations and reconcile all the total loan amounts. They need to make up the margin before six o'clock.
After he finished the call, he said to Link, "Tomorrow is probably going to be the hardest day." ”
Link kept his face calm and nodded, "I'll talk about tomorrow tomorrow." "It's foreseeable that tomorrow they will need to not only keep the stock price of their own corporate bank, but also the stocks of other targets.
Friday is a very special presence for the stock market.
In particular, after a week of volatility, the Dow Jones has fallen another 36% from last week, and has fallen more than 47% in two weeks. This is already a very dangerous situation. If it falls again, then the entire stock market may collapse.
Link: They're betting that those people won't let the stock market crash easily.
Link didn't leave work early that day. He looked at all the reports of the actions he had done in his office for the past few days, trying to fill in the gaps.
The entire U.S. is basking in the shadow of a series of stock market crashes, and Fox's retail sector is also quite a bit of a smash. The whole city is a little depressed.
Link even found that the atmosphere had affected the children in the family. He didn't dare to put his emotions at work on his face. Just communicate with the children as you always do.
Isabel videotaped Avril for twenty minutes before leaving his study.
After Isabel left, Lily didn't immediately disconnect from the video link with him as usual: "Link, I heard you're in trouble. ”
Link smiled and said, "It's a bit troublesome, but it's not unsolvable." ”
"I've heard that there's a comment on your company. ”
Link nodded and smiled, "This is the toughest challenge I've ever faced, but as long as I get through this challenge, there won't be any difficulties that can knock me out." ”
Lily pursed her lips for a long time before she said, "Then I wish you good luck, Link!"
"Thank you!"
Link looked at the blackened computer screen, calmed his mind, and continued to look at the papers. As Claire said, tomorrow will be the most difficult day for him, as long as he survives tomorrow, he will have a smooth journey in the future.
The next day, Friday. All the United States, all the foreigners who invest in the United States, all the people who follow the American economy, are watching the performance of the American stock market today.
The U.S. economy is primarily financial. If finance collapses, then the whole of America collapses. The impact on the world economy is considerable.
Today will be a bellwether for the US stock market over the next two weeks. If the U.S. stock market holds up today, the weekend will give the U.S. government and the Fed time to discuss policy adjustments.
Judging by the current situation, the Fed will certainly take active measures to stabilize investor confidence.
But if the stock market continues to fall sharply today, it will cause panic among investors. Then the Fed will need to make a bigger adjustment. However, the market estimates that the Fed's monetary policy adjustment will not be too large.
If the monetary policy adjustment is much lower than investors expect, it will not save investor confidence. The stock market will continue to collapse.
That's someone else's opinion, but Link and they know that tomorrow's major companies in the United States are very likely to come out and save the market. The challenge for them is what kind of means those people will have to suppress them.
The New York Stock Exchange opens.
Strus continued to plunge, Beni Hans Group shares fluctuated, and several bank stocks fluctuated.
That was all to Link's expectations.
But to their surprise, the Fed made adjustments to its monetary policy ahead of schedule.
At half past ten in the morning, the Fed's press secretary announced:
The Fed will allocate an additional $120 billion budget, along with the previous budget, to a number of major banks for their lending business to ensure the stability of the market.
But Link's bank was not among them.
That's not to say it's against Link's banks, because there are a lot of small banks that are also not subsidized.
But the Fed suddenly announced another batch of banks, saying there was a problem with the amount of margin they provided on Thursday. The Federal Reserve and the two governments will send inspection teams to conduct inspections.
In the published list, there are four banks in Link.
"If these banks are in violation, the Fed will enact enforcement measures. ”
As soon as the news came out, Link's seven banks went on a sell-off. At the same time, there was a panic sell-off in the shares of Benehans Group.
According to market analysis, if those four banks are censored, the funds of his other three banks may be transferred, and it may even lead to a shortage of funds for Benehans Group and Strus.
Driven by this rhetoric, sell orders for shares of seven banks controlled by Link suddenly skyrocketed several times.
"They are all small orders, and the number of sell orders and the number of them account for 87% of the circulating market. Those institutions are definitely out of our stock anymore. ”
Link watched as the stock prices of several banks slowly declined. The number of buy orders at the top is increasing, and the price of sell orders is getting lower and lower.
Forty-three dollars...... Forty-one and a half dollars...... Forty dollars. In just a few minutes, the Bank of Houston's stock price fell nearly 8 percent.
"What did Neil say?"
That's when Neil's analysis. Claire handed a piece of paper to Link. "He thinks it's possible for the other side to make a move at this timeframe. ”
Link knew that Neil's analysis was dangerous, and that if the other party made a move above the price of Neil's analysis, their bank would likely welcome another shareholder they didn't welcome.
Link, though, didn't have much time to think about it.
Thirty-six ...... Thirty-five ...... Thirty-three dollars.
The stocks of his banks are still breaking through the hearts of investors.
Link took a look at the share price of Benehans Group, which had fallen from $48 to $40 at the beginning. Strus, on the other hand, fell from $110 to $93. The stock price of Springs Pharmaceuticals, another important company controlled by Link, fell from $53 at the beginning of the market to $36.
Link didn't make a move to the city. People in the stock market think Link is out of the blue.
A stock market analyst mentioned Link's financial problems in a television interview: "According to our estimates, although Mr. Link Hans has borrowed more than $70 billion in loans, he may have tens of billions of dollars in liquidity. However, it is clear that the previous premature recovery of shares has cost at least more than $70 billion, and the top-up margin has also consumed $60 billion. Under the premise that the U.S. stock market is not favored, European banks and Asian banks that lend him funds may be worried about the safety of the funds and ask him to provide more collateral. His funds may have run out. Another source of funding, Ozette & Stoll Finance, is facing a crisis of investor redemption. Most of the funds will not be put to use. ”
It seems that the whole market is looking down on Link.
Link had a long phone call with Neil during the lunch break. They negotiated the price at which to enter the bailout.
Link said: "Neil, I know you're professional, but I think that price is too risky, I need to act more safely, and the stock price is low enough." ”
Neil hesitated for a moment and said, "Okay." I agree with you. I would increase the buyback price by 10 to 15%. ”
"We have to move in unison, and I don't want them to have time to react. ”
"I'm going to blow their minds. Neil said with a smile. "But what about Fren?"
"Fren's side is still pretending to be pestering. Those buybacks seem to be a bit much. ”
"How much money do you have over there?"
"If we act according to plan, we can bring in six tens of billions of dollars. ”
Link hesitated for a moment and said, "Lend two tens of billions to Fren." ”
"I'll get in touch with him. ”
The market will open again in the afternoon. Half an hour later, although there was capital to buy back shares, the scale was not large, and most of the stocks were still slowly falling.
Link's stocks are still falling at a rapid pace, as if they're dragging down the stock market as a whole.
Link and Neil have again lowered the threshold for stock buybacks.
Now the whole market is questioning that Link has no spare funds. But Link didn't make a move, some lies were too much, and even he might believe it.
Almost all Americans believe that Link Hans is out of money!
But people quickly changed their minds.
When Strus stock falls below $55, all sell orders that sell at a price of $60 or less are suddenly emptied, and this part of the sell orders accounts for more than 95% of the total number of sell orders.
This shook the market, because the total price of those shares exceeded at least $260 billion. At the same time, the same thing happened with the shares of all the companies that Link Holdings.
At this time, everyone understood that Link was not without funds, but he was ambushing at a lower price.
Both Link and Neil decided to act in unison against all the companies. It requires that as long as the preset price threshold of one company is broken, all other companies must carry out repurchase actions at the same time, regardless of whether the stock price is close to the threshold, so as not to give the enemy time to react.
Next, a flurry of changes, some investors boiled.
Ozette & Stoll Financial Co., Ltd., suddenly invested more than $50 billion and bought a large number of shares in 18 large banks. Let the prices of these stocks show signs of an uptick for the first time this afternoon.
When these stocks go up a little and then continue to fall, there are suddenly more buy orders for these stocks.
These orders came from Hong Kong, China and the United Kingdom. Subsequently, chicken plates and South American funds also began to join. However, the points of intervention of these capitals are not the same. They are targeting hundreds of major U.S. companies.
It's as if the overseas money is trying to buy up the major American companies.
The addition of these funds allowed those stocks to start rising. And those companies that have been bailed out by overseas funds are the most important companies in the United States. Their stock prices have risen, and at the same time other stock prices have risen.
For the first time in the past three days, the Dow Jones has been steadily rising.
It was like a shot in the arm that strengthened the confidence of American investors, which was already on the verge of collapse.
This caused a panic among the big Wall Street institutions: "Bid, forty-one dollars, no ...... Forty-two. ”
It's not what they want to see. They have put in a lot of time and capital, and their goals have not yet been reached. And now there are a lot of stocks competing with them for those floor price stocks.
At this time, NTV announced to the world: "Strus Corporation announces: Strus II system will be available in the short term. Mobile phones with the system will be on display tomorrow at 12 p.m. in all flagship stores in the United States. Overseas markets will be exhibited before 12 o'clock the day after tomorrow. The company's president, Mr. Maurice Clare, said at the product launch that the Strus II system inherits the operation of the Type I, making it easier for users to master the operation of the new system. At the same time, more intelligent functions are added, such as wireless access intelligent control system, which can automatically control infrared-controlled electrical appliances and even vehicles for the owner according to the owner's habits. At the same time, the system adheres to the safety of the Type I system and has been greatly improved......"