Reinventing the Millennium.

Fang Zhuo's humble taste not only scares away many small and medium-sized institutions, but also extinguishes the desire of many people in the industry to fight the wind.

Yike's short squeeze has already verified Mr. Fang's viciousness and sinisterness, so why bother to enter the muddy water again?

However, the performance of Nasdaq on this day has activated the ratings of many large institutions, most of which are neutral Hold, and the most distinctive ones are Goldman Sachs and Manman.

Insman gave a suggestion to sell Sell, and Goldman Sachs was Outperform, which was better than expected.

The attitudes of these two companies are relatively easy to understand. The former has suffered heavy losses at Yike, and has recently output a lot of bearish views. It can be regarded as a perfect complement to Paulson. The latter has been in charge of Yike’s stock repurchase, and his rating attitude is ambiguous. .

The market situation is not clear, and the overall focus is on wait-and-see.

Fang Zhuo had psychological expectations for this situation.

After all, the Yike incident may be mentioned repeatedly in the future, and it will be included in many textbooks. The losses of tens of billions of dollars in institutions of all sizes are also daunting. Even if Goldman Sachs' money came from hackers, it would still be a green knife.

At the same time, the big organizations had already pulled out the cocoons two weeks ago, carefully diagnosing Yike's behind-the-scenes pulse.

They will not bet lightly this time.

Therefore, this requires multiple signals to be given.

Huaxia has entered the May [-]st Golden Week, but Yi Ke, including Fang Zhuo, are very busy.

No matter the SEC, Nasdaq, or major clients in the United States have received Fang Zhuo's response of "going to the United States next week", but nearly two weeks have passed, and he has not moved at all, and the other side of the ocean has lost his request .

Obviously, it's useless for Boss Fang to mention it, and it's impossible to force him to come here, so let's wait until May is over.

On May 5, at 3 o'clock in the morning, all the middle and high-level employees in Yike received emails from the head of the company, and the contents quickly spread, almost becoming an open letter sent by Mr. Fang to Yike employees.

The new product launch event just ended on the 23rd of last month, and Liu Qiangdong, president of Yike Huaxia, made up an offline launch event for the country on the 27th. In this case, the attitude conveyed by the open letter is very serious.

"Since entering the mobile phone field in 07, the company has gradually grown into a world-renowned mobile phone brand."

"As of May 09, Yike has more than 5 million global users. This is a number that makes all Yike people proud, and it cannot be separated from the hard work of every Yike person."

"But we must also realize from today that the competition in the mobile phone industry is becoming increasingly fierce, and the challenges faced by Yike are also extremely severe."

"Needless to say, in the middle of this month, Yike's American market will usher in new changes, and the future of the European market must also be prepared. Yike's storm has come."

"However, Yi Ke has never been afraid of wind and rain since the day he was born, and has always been brave and good at facing difficulties."

"This year, Yi Ke wants to climb the dangerous peak and see the infinite scenery farther away."

The content of the open letter is relatively long and lyrical, and it also talks about the goals of the two product series this year. However, after it spread from the inside of Yike to the social level, many people did not feel encouraged by Mr. Fang, but speculated about the release of Yike. Pre-sale status after the meeting.

On April 4, Yike gradually opened the reservation channels in the United States and Europe. On April 23, the pre-sale of Mars4 and Selfy was also opened in China.

But in the following 12 days, Yike did not disclose the pre-sale figures in any market, which is completely different from the usual publicity habits.

How did Yike make such a high profile two years ago?
I can't wait to disclose the big numbers of each stage on the official website in time.

This year, competitor Samsung imitated this approach and went a step further by summarizing the sales figures of various channels and markets and directly synchronizing them on the website, showing an attitude of doing its best.

Does this mean that Yike's pre-sale is not ideal?Not enough to face the upcoming turmoil?
There are many speculations from the outside world, and there are similar ideas inside the company.

On May 5, at three o'clock in the afternoon, Fang Zhuo was waiting for Su Wei downstairs to come up after the meeting, when the internal phone in the office rang, and it was a request for an interview from Liu Yongsi, the deputy director of R&D.

Fang Zhuo happened to be free, so he soon met the deputy director who was about to go out to start a business.

The resignation application of Liu Yongsi and the five of them has been approved, and they can go out to show their talents after the work handover is completed and the internal investment and resource docking process is completed.

Fang Zhuo guessed that Liu Yongsi wanted to ask for advice on the positioning of the Android entry-level phone, but he was surprised once again by Deputy Director Liu's opening.

"Mr. Fang, I will not resign." Liu Yongsi directly stated his intention after a simple greeting.

Fang Zhuo laughed: "What's the matter? Ambitions and ambitions have faded too quickly. You are Hu Shi. Why don't you play cards here?"

"The company has come to a difficult time, facing the ITC ban this month, and there are no major operators in the United States. At this juncture, I can't leave." Liu Yongsi is very firm.

"Well." Fang Zhuo looked at the serious expression of the deputy director, and said after a few seconds of pondering, "The matter of the ban and the operator was before you resigned. How do you remember this?"

Liu Yongsi replied seriously: "I didn't expect it to be so severe before, Mr. Fang...I can't go!"

He wanted to leave, but Mr. Fang wrote him a letter.

As an executive, leaving at this time not only hurts morale, but also makes colleagues think?
At worst, if you don’t start a business, you’ll just have to hold on to 2000 million.

"Austerity is a bit severe, but it is mainly on the market side." Fang Zhuosi said, "At this time, I think the entry time of your project choice is very good. After a while, it may not be such a good time. The company's development is to Chance."

Liu Yongsi's eyes were firm, and his response was also firm: "If it's not that good, it's not that good. That's all for the future. Now I'm still an employee of Yike!"

Fang Zhuo didn't know how to talk about this with his special employee. The signal is not for you, so don't receive it indiscriminately.

"You want to start a business, I'm happy to see it. Since you feel the severity of the company, part of the severity this time also comes from Samsung's challenge. Its Kitty is doing well, which is what we lack." Fang Zhuo From another perspective, "The company is optimistic about your project and is willing to invest. This is an indirect supplement."

He said gently: "From my personal experience and perspective, a successful entry-level series can greatly help the popularity of our YMS."

Yike's YMS is like a box, similar to Google's family bucket, the larger the base, the better.

When Liu Yongsi heard this, he was a little shaken. YMS has been emphasized many times within the company, and he obviously placed high hopes on it.

However, President Fang's significance to Yi Ke needless to say, when he began to admit that Yi Ke was serious...it was hard not to move the internal staff.

With a light knock on the door, Su Wei, the president of e-buy, entered the office to interrupt Liu Yongsi's thinking.

Fang Zhuo took advantage of the situation to end the conversation, and finally encouraged: "Liu Yongsi, the handover of work has already begun, and you have to think about the next road as an entrepreneur at this time. If you change your mind, what will happen to others?" manage?"

"You will not only be responsible for yourself, but also for your company's partners."

"That's it for us, I look forward to your mobile phone joining YMS."

Fang Zhuo stood up and shook hands with the old employee.

Liu Yongsi took a long breath, and firmly held Mr. Fang's hand.

Su Wei looked at this scene with a little surprise, but she didn't understand the situation, this person had tears in her eyes.

When Liu Yongsi left, she heard the simple retelling from Mr. Fang, and couldn't help saying: "I don't know if the open letter can deceive outsiders, so first deceive your own people."

While making tea, Fang Zhuo said, "It's not a lie. The company is facing fierce competition. I tried Samsung's Trump and Kitty, and they are really good products. Objectively speaking, I think Mars3 is better, but Trump is not. There is no power to fight."

Samsung has released two Android phones before, but the response is mediocre.

After adjustments and painstaking determination this time, the effect of Trump is good. As for Kitty, starting from the evaluation standard of 99 dollars, it is even better.

"In addition to Samsung's models, Verizon, which Yike took over this time, should not be underestimated. It has already touched the basic market." They're all on their way."

There are only those big operators in the United States, and losing one is a direct loss, not to mention, Verizon is still the second largest operator.

Su Wei took a meaningful look at Mr. Fang and said, "I thought it had something to do with Kong Yu's sudden situation yesterday."

Yesterday, Kong Yu had a sudden new situation. He was involved in a small car accident. Fortunately, he had strengthened his security and there were no major problems.

After receiving the news, Fang Zhuo immediately called the other two market leaders back to Shanghai to discuss the company's future development.

It stands to reason that if others are in Shanghai, ordinary employees will not have any problems, and they can't find the executives if they find someone, but... Yike's severe development requires brainstorming.

"It's also a little bit related. It's mainly the company, including YMS and the hummingbird chip. They are all important matters, and let the leaders of the three major markets exchange ideas." Fang Zhuo didn't change his face.

Immediately, he couldn't help but sigh with emotion: "Mr. Kong is not easy."

Kong Yu almost lost contact yesterday. After the incident happened, Lu Peining repeatedly stated that the problem will be resolved.

Large institutions have both stripped cocoons and arrested people.

As a response and a signal, Mr. Summers of NYE will formally surface through the Carlyle Group.

Big institutions are looking for the power behind it, so give Summers who has weight.

Summers is now in charge of NEC, and his connections and resources are also very strong.

As early as when the New York Times was established, he disclosed it to Mr. Fang’s platform through a charity dinner. This line was captured by the Carlyle Group after Yike’s temporary press conference, and it can be used reasonably.

Summers came forward to play the game, leaving him with Geithner as a bargaining chip.

In addition, relatively peripheral friendship clubs are also revealed.

According to Lu Peining, if the old guy wants to get money, he has to work hard.

As for whether it is possible to hide the red badge related to ITC's ruling, it is best to hide it, you can eat the most, and if you can't hide it, eat less.

The subjective initiative of Lu Peining and his colleagues has been carefully screened over and over again. It is necessary to ensure that the development environment of the high-tech industry can be maintained this time, which can be described as well-intentioned.

In principle, as long as the forces behind it surface, the Gasoline Man should be safe.

"In the early hours of this morning, Lu Peining asked me whether Boss Kong is reliable." Fang Zhuo said, "I think Lu Peining is red-eyed. Now it seems that anyone may go wrong."

Su Wei answered, "How about you?"

"In their state, they may have stabbed me with a knife before realizing it, oh, it's Mr. Fang, get up quickly." Fang Zhuo shook his head, "I told Lu Peining yesterday that Mr. Kong must be protected. What he is responsible for cannot be replaced by others.”

The handling of funds this time is entirely arranged by Kong Yu.

Now that the MIGA fund has been put on the table, Kong Yu's actions are also closely watched, including the changes in the Nasdaq market, which are all under the scrutiny of large institutions.

This situation was predicted before.

For the second short squeeze, Kong Yu dispersed the scale of funds, some of which were still buying low and selling high, some were leveraged options, and a considerable part was transferred to over-the-counter exchanges and dark pools with weak supervision.

The first two are related to large institutions, and the last one is to maximize profits.

Fang Zhuo did not explain the complicated financial methods to Xiao Su too much, and talked about the incident on the 1st and the expected changes: "Now there is an unexpected factor. We found that the name of the king of retail investors is very useful. If With the entry of large institutions, this kind of amplification effect of using emerging media platforms to turn bad news into good news...will be a surprise."

The influence brought by Yike's short squeeze, especially for retail investors, is too great.

No. 1's shallow attempt at Nasdaq proves that the irrational basis in the market still exists.

Fang Zhuo, the major shareholder, has his bargaining chip locked up by the SEC rules just like the previous two major institutional shareholders. It is impossible to reproduce the madness of the run, but...

Significant bad news turns good news + the irrationality of retail investors + the extensive influence of the king of retail investors after a short period of time + the timely dissemination of emerging media platforms. Under such interactions, it is likely to evolve into a forced short squeeze, and the result is a pull up The stock price forced institutions to liquidate their positions.

Mr. Fang is also hard to say what kind of effect can be achieved. It can only be said that since Jason's GLG fund shorted Jinrui Company and was forced to withdraw by fanatical retail investors, Wall Street has never mentioned "ordinary investors" recently. word.

They probably also realize the power of this group of ordinary investors gathered, and realize that they can cause extraordinary damage, and it is best to let the influence of Yike's short squeeze fade slowly.

Fang Zhuo didn't want to let go.

He can't go to the United States, and patrolling purely online is boring. Since it's boring, then...

Then start the teaching of retail investors grouping together to besiege institutions.