New York Commercial Radio FM 77.7 Studio

"Welcome back to FM 77.7, this is Stephen's stock market talk show hosted by ABC Studios, listeners, here's the audience hotline time, let's hear what this listener thinks, is this Mr. Donovan from Florida? How do you see the stock market going this week? The moderator, Stephen's kind and friendly tone, easily eased the tension of those who had called the hotline for the first time.

"Hello Stephen, everyone, am I really talking? This is really exciting, in fact, I just called to ask the host and guests, as a big blue chip GE stock is worth holding, I listened to your program last week, I think GE is the ideal investment object, the result is good, buy 1000 shares at the price of 85 US dollars, but today it is a loss of 60 cents per share, but I heard you say that GM is going to buy Saab Motors, earnings per share may increase by 1.67 US dollars I only bought, now what has become of this? A week has passed, not only has it not gone up, but it has fallen? ”

The listener on the other end of the phone had a strong Florida accent, of course, he was working near New York, otherwise he wouldn't have heard the New York Business Radio FM 77.7 program, "Mr. Donovan, I'm afraid you misunderstood, in the hotline answering session last week, it was another listener who brought up the rumor that GE would buy a stake in Saab Motors. And we have to remind all FM 77.7 listeners once again that GE is General Electric, the top three blue-chip boss companies in the United States by market capitalization, and the 50% stake of Sweden's Saab Motors is another long-established listed company in the United States, General Motors, referred to as GM! ”

Stephen's tone looked helpless, she was a little unsure whether Donovan on the other end of the phone was bragging to buy 1,000 shares of GE at the price of $85 per share, an investor who couldn't even tell the difference between GE and GM, actually bought 1,000 shares of GE in one go? You must know that under normal circumstances, investors who can invest $85,000 to buy stocks cannot even be called retail investors, most American families will buy trust products and all kinds of mutual funds, or simply buy 10-year Treasury bonds in the United States, only those individual investors who have vision and courage will directly buy stocks of listed companies, generally please, even big blue chips are not the first choice for ordinary families.

"I said Stephen, I'm not a fledgling boy, I've been investing in the stock market for years...... Of course, I know that GE is GE and GM is GM, and the market rumor is that GE is going to get involved in the automotive industry and is ready to acquire 50% of the shares of Sweden's Saab Automotive. What's more, GE's aero engine company occupies the second largest market share in the United States, and Saab Motors was originally formed by the merger of Swedish Aircraft Corporation and Scania Cars? ”

Donov's words on the other end of the phone made the host Stephen and the guest Edward look at each other, obviously I didn't expect that the other party is really not a rookie investor, even the history of Saab Motors has been studied, and he also knows that GE's industries include aero engines, did this kid get any unknown news from other channels?

"Hi Donovan, I'm guest Edward, how did you know that GE was preparing to buy Saab Motors' aircraft company history? Last week, amid the market rumours, both GE and GM held ad hoc press conferences, and their spokesmen firmly denied the rumors that GE would buy a 50% stake in Saab Motors...... I don't know if such authoritative information is not enough for you to understand the reality? GE has never been involved in the automotive manufacturing industry, and GM has no intention of selling its 50% stake in Saab Motors! The stock market is risky, and you should always be cautious in your investment. ”

"That's not what you said, guest Edward, right? I've been listening to your program for a long time, and I've never seen you bring any helpful advice or even opinions to the listeners of FM 77.7, everyone knows that there is no wind and no waves, Saab is a sweet and sweet spot now, you dare to say that GE doesn't want to get a piece of the pie, as for the press conference, if that thing can be taken seriously, do you still need to hold a press conference?! That's a trick used by big companies to fool the people, I won't tell you, I want the host Stephen to give me a letter, in the end, will GE buy the remaining 50% of the shares of Sweden's Saab Motors? ”

Donovan's words were sharp and didn't put the guest Edward in his eyes at all, but his last sentence suddenly made the ears of the host Stephen, the guest Edward, and the listeners who were listening to the show in front of the radio all pricked up, and Stephen quickly grabbed the microphone and asked, "Donovan, you just said that GE acquired the remaining 50% of the shares of Sweden's Saab Motors?" Are you sure you're right? Where did you hear this new rumor?! ”

"Hehe, you think this is likely to happen, right? Then I have the bottom in my heart, as for my sources, I don't want to advise, okay, don't affect my decision-making, I'm ready to buy another 1,000 shares of GE stock! …… "The live broadcast was the busy sound of the individual investor named Donovan after hanging up the phone.

"It's a pity that Donovan hung up the phone, but as the host, I still want to remind everyone that the stock market has venture capital and must be cautious, and the news of listed companies should be subject to the announcement issued by the listed company itself, I don't know where the news of GE's acquisition of Saab came from in the first place, Edward, what do you think? Let's hear what the guests have to say, Edward has 20 years of experience in the securities industry, and I believe his views will be helpful to everyone......" Stephen handed the microphone to the guests next to him.

"Stephen, indeed, the audience named Donovan just now is quite imaginative, GE and GM have clarified at last week's press conference that GE has no intention of acquiring 50% of Saab Motors, and GM's spokesperson even claimed that GM has acquired 50% of Saab Motors for three years, Saab's performance has maintained double-digit growth, GM has no plans to sell these shares, GM is very satisfied with the win-win cooperation between the two sides......"

"So, Edward, you think the idea of the enthusiastic listening to the many Novan just now is ridiculous, right? GE wouldn't buy Saab anyway, would it? Stephen then asked the guest beside him.

"Well, I can't say that Donovan's idea is ridiculous, after all, the world is changing with each passing day, and all kinds of opinions are understandable, but logically speaking, GE has not been involved in automobile manufacturing before, and GM is the largest and oldest automaker in the United States, I don't see any reason for GE to dig into GM's corner, the existing business of the two sides has no intersection at all, and GM's performance has been good, of course, there is competition between Toyota and Honda in North America, but this is a free country, The American people have never been afraid of competition, have they? ”

After Edward finished speaking, he quickly handed the microphone back to the beautiful host Stephen, got up and walked out of the live broadcast room, and started to call, "Jimmy, keep an eye on the stock prices of GE and GM, if there is really any trouble, call me quickly, I am doing a show in the radio studio, and I can't ......leave for a while."

When Edward returned to the live broadcast room with an apologetic face after making the call, Stephen had just connected to the second listener's hotline, and the feature of this stock market talk show at FM 77.7 was to emphasize the interaction between the host, guests and listeners, so answering the hotline took up almost two-thirds of the program time, and the rest was basically the time for interstitial advertising.

"Hello Stephen, why didn't that guest Edward say anything? I want to say that what he just said is pure nonsense! I've been following GE for many years, and I dare say that this time the rumors of GE's acquisition of Saab shares are not groundless, and the average daily trading volume of GE shares has increased by 15% last week, from an average of 12 million shares at the end of last year to an average of about 15 million shares per day, although the stock price has not risen significantly, fluctuating between 84 and 85, but large buying orders are piling up and appearing every day......" The listener on the other end of the phone talked eloquently.

"Uh, it's Sophik from New Orleans, right? However, GE itself is a big blue chip and a weighted component of the S&P and Dow Jones indices, and at the beginning of each quarter and year, many newly established funds or portfolios often use big blue chips like GE as a portfolio allocation object, so the increase in trading volume does not mean that GE has made big moves in the near future, right? As for the large-scale buying you mentioned, it may also be caused by the original investors' position adjustment and stock swap, and the stock price has never broken through the pressure level above 85, which is also an objective fact, right? ”

Stephen's remarks are in line with her status as a financial channel host, GE itself is the allocation object of many private equity and mutual funds, and often once purchased, it is rarely sold lightly, and the trading volume of large blue chips tends to increase at the beginning of the month, the beginning of the quarter and the beginning of the year, which may not be directly related to the rumors that some people are hyping about GE's acquisition of Saab.

"Hello everyone, listener Sophik, right? That nonsense guest Edward I'm back, I still stick to my point of view, GE doesn't know anything about the automobile manufacturing industry and won't be interested, no matter how GE's stock price fluctuates, it must have nothing to do with the acquisition of Saab, this is my opinion, and I'm not ready to change, investors can certainly choose to invest in big blue-chip stocks like GE, but you shouldn't let rumors sway your investment decision! ”

Guest Edward was a little confident when he said this, at this time the BP machine in his pocket suddenly vibrate, this guy took it out and looked at it, and the line displayed on it, "GE stock price broke through 85.20 and continues to rise!" ”