Chapter 462: Stock Wars
How much energy does AOL Time Warner really have?
In the past, Li Lin may not have been clear, but today Li Lin has really seen the ability of media giants to manipulate public opinion.
Early this morning, AOL's major newspapers, magazines, and television stations reported on Sony's negative news.
"The Sony empire is about to collapse, and the AFL-CIO is eyeing Sony."
"The three major unions blame Sony, and the AFLV is once again targeting Sony."
"The three major guilds claim that artists need justice, and the order in the entertainment industry is about to be subverted, and Sony is the first to bear the brunt."
For ordinary Americans, the CIO is a behemoth that helps them fight for welfare, but for investors, the CIO is an object that no one wants to touch.
Every time the AFLF makes a move, it represents a turmoil in the stock market.
This time too.
Almost as soon as the market opened in the morning, Sony's stock price began to pick up water in a straight line, and under the pressure of several short disks, Sony's stock price continued to fall, coupled with the news this morning, which immediately caused a chain reaction.
Toss toss toss toss ......
Ordinary investors couldn't bear it anymore when they saw this scene, and they threw out their Sony shares one after another, hoping to stop the loss at this time.
However, when everyone was selling Sony shares, they couldn't stop the loss at all, and almost after their sell order was put out, the stock price immediately fell again, and no one took over their sell order.
And this has affected the confidence of ordinary investors, making them sell their shares even harder. Strive to sell off your shares before Sony falls to a low level, lest your own stocks be worthless.
Originally, man is a creature of conformity.
When everyone is bullish on a certain stock, the stock will rise step by step. They don't think about why the stock is bullish at all.
Whether the company has prospects or strong profitability will not be cared for by these people.
They just know that the stock is rising, and everyone is optimistic, so they have to follow up so that they can make money.
And once a stock falls, even if the stock is only a temporary decline, the company's profitability is still very strong. There will still be a follow-up sell-off.
Now, under the pressure of AOL's time Warner's main financial force, Sony's stock price showed a downward trend as soon as it opened. In addition, newspapers, magazines, and TV stations are all looking down on Sony, and investors' confidence in Sony has been greatly shaken, so Sony's stock price has begun to plummet.
Affected by newspapers and Sony's stock prices, the stock prices of entertainment-related companies, including Universal Music and AOL, Time Warner, also began to fall slightly. This, in turn, affects Sony's share price. The director is even less favored by Sony.
In the eyes of ordinary investors, the overall market of the entire entertainment-related industry is not very prosperous, and Sony's stock price is naturally affected.
Sony Headquarters, USA, Phil. Molineux is facing the biggest crisis since he became president.
From the morning newspaper, he saw all the singing about Sony, and he understood that someone was deliberately targeting Sony.
And then Sony's stock price plunged, and it is not difficult to see that the other party's intention is to suppress Sony's stock price.
Quite simply, if it weren't for the other party's massive sell-off of Sony's shares. As a result, the market has formed a follow-up sell-off, and Sony's stock price will definitely not fall so badly.
Even newspapers, magazines, and TV stations collectively sang about Sony. It would have been impossible to suppress Sony's stock to this extent until the Sony scandal broke.
"Who the hell is it?"
Phil. Molineux was in an irritable mood.
This person who suppressed Sony's stock price had a lot of energy, not only affecting the media, but also a huge amount of money, which made him undecided.
Of course, even if he made up his mind, it would not be possible to implement it, because this was within the purview of the board of directors, and he, as the president, could not exceed his authority
Ding Ding ......
The phone rings, and Phil. Molineux glanced at it, and immediately listened.
"Buy back shares."
A simple command, Phil. As soon as Molineux put down the phone, he called someone in to prepare to buy back the shares and hold a press conference.
At the press conference, Phil. Molineux said in front of all the reporters: "This is someone who maliciously suppressed Sony's stock. ”
"Actually, Sony's finances are very healthy, and as for the lawsuit, we don't think this small lawsuit can have an impact on Sony, and Sony won't lose."
"In addition, we have taken buyback measures, and those who maliciously suppressed Sony shares are about to encounter a response from Sony."
Phil. As soon as Molineux's words came out, Sony's stock price immediately rose slightly, and investors and shareholders who were eager to sell Sony's stock price also began to wait and see.
In their eyes, once Sony starts the process of buying back shares, then the stocks that are falling now are green dollar bills, and running away at this time will not make them lose?
As for Sony's funding, they are not in the slightest worried.
Joke, Sony is also a big company, how can it not even have a little money to buy back?
As a result, before Sony officially launched the buyback process, Sony's stock price began to rebound on its own.
Soon, however, a wave of unfavorable news for Sony appeared in front of the public.
Warner Bros. joined forces with members of the MPAA, including Universal Pictures and Paramount, to hold a meeting to demand the removal of one MPAA seat in Sony's hands.
The reason is very simple, Columbia Pictures and MGM were both acquired by Sony, they can be counted as one company, since they are one company, there is no need to keep two seats, and as soon as this news came out, Sony's stock price immediately fell.
Even some funds and investment banks are not optimistic about Sony's stock price.
You must know that Sony's current stock price has gone through a round of rise, and this round of rise is brought about by Sony's successful acquisition of MGM.
According to Sony's strategy, after Sony acquires MGM, it will get MGM's huge film library, channels, resources and even MPAA seats.
And with these, Sony monopolized half of Hollywood in one fell swoop. Bringing the thriving film industry under his rule.
This is the blueprint that Sony drew up after the acquisition of MGM, like Wall Street funds and investment banks.
And they also believed in this blueprint, so they bought Sony shares one after another, and prepared to sell them when the price of Sony shares rose. Arbitrage profits.
But now, before his blueprint has been realized, the MPAA seat may be cut, coupled with the fact that Sony is deeply involved in a lawsuit with Avril Lavril during this time, and the media has reported scandals one after another, Wall Street funds and investment banks have immediately begun to prepare to sell Sony's shares.
They're waiting, waiting for Sony to start a buyback strategy.
Once Sony buys back. They immediately sold their shares and cashed out.
"Damn."
Phil. Molineux stared at Sony's stock price and said viciously: "It's definitely them." They're definitely stabbing in the back, these damn guys, they're trying to bring down Sony once and for all. ”
Phil. Molineux hesitated.
According to his idea, after Sony launched a buyback strategy. Sony's stock price should rise slightly. At that time, with Sony's funds, he can easily stabilize Sony's stock price and strangle the enemy's resistance in the cradle.
As a result, his idea was completely ruined by the resistance of Warner Bros. and others.
Sony's stock price only rose for a while and began to fall ferociously, and even harder.
"AOL Time Warner, when we survive this time, we have to calculate the total ledger over the years."
"Do we want to start a buyback strategy?" Phil. Molineux's secretary said with some concern.
According to the current situation, it is very difficult for them to put money into the stock market to stabilize the stock price of Sony. After all, everyone doesn't look down on Sony, and they buy it back. On the contrary, it will allow more people to cash out and leave the market.
"Must be repurchased."
Phil. Molineux gave an order, "If we buy it back, we still have a chance to turn it around, but if we don't buy it back, Sony will completely collapse." ”
He knows that Sony's stock price is far from falling to the bottom.
In fact, many more are still waiting.
Once Sony's stock price falls out of their bottom line, it will immediately trigger a bigger chain reaction, and Sony will be truly powerless at that time.
And if that time comes, he, the president, will be able to do it.
On the contrary, if Sony buys back its own shares, it may give investors confidence, so that Sony's stock price will slowly recover, and stabilize the situation of Sony.
Although going against the trend will inevitably cause Sony to suffer certain losses, it is better than falling to the bottom.
At the sound of the order, Sony's funds entered the market, and the huge cash flow began to buy back Sony's own shares, and the originally falling stock price began to rise slowly.
However, the good times were short-lived, and when Sony's stock price rose to a certain level, a large wave of shares was sold off.
These stocks are not from AOL Time Warner, nor are they from Li Lin's short-selling funds, but from major funds and investment banks, and they have begun to cash out and leave the market.
They didn't leave the field before, just to wait for this opportunity.
They understand that if they cash out when it just starts to fall, they will trap themselves because the stock is constantly falling, and there is no buyer to take over the stock.
Forcibly cashing out of the market will only suppress the stock, and by the way, it will lead to self-trapping.
Only when Sony starts to buy back shares can they cash out and leave the market, and at that time, it is the best time, whether it is the price of the stock or the speed of exit, they will be satisfied.
"Damn, they actually left at this time."
Phil. Molineux scolded viciously in his heart, "Give me support, and I will definitely block this wave of decline." ”
He knew very well that once he couldn't stop it, Sony would be powerless.
At that time, Sony's stock will be the object of others to play with, rising if it wants to rise, falling if it wants to fall, completely losing its autonomy, and the stock market will in turn affect Sony, causing Sony's turmoil.
"What should I do?"
The trader called, "Are you going to stop the repo?" ”
The devil knows which stocks are out of the market and how many, and once the amount is greater than the amount of money that Sony has prepared, it is a complete disaster.
"Can't stop."
Phil. Molineux gritted his teeth and said, "Stick to it, we Sony are big companies, and it is impossible to lose any funds." (To be continued......)