Chapter 114: The Phantom of the Empty Head

Chapter 114: The Phantom of the Empty Head

Chapter 114: The Phantom of the Empty Head
On the second trading day after Fenton Media was shorted, its stock price fluctuated around $8, unlike the sharp drop on the first day.

When Yu Xing woke up, he looked at the closing price, which finally settled at US$8.32, a 2.7% increase from yesterday.

But according to Xiaoying, the profit ceiling of a part of the principal was locked below 10 US dollars, so it is not a pity.

Yu Xing insisted on jogging in the morning, and while running he thought about his next goal on the mountain.

This time the principal needs to be circulated in Bai Xiaosheng before it can be used, which means that its timing will be linked to the company's financing progress.

According to Bai Xiaosheng's development plan, the B round of financing will be launched within this year at the latest, and at the earliest half a year later. After all, although the valuation is high, the actual available funds in the account are reduced.

However, whether the funds can be used after they are released depends on whether there are suitable targets.

Yu Xing ran until his body got hot, and his mind was also heated by all kinds of thoughts: the scallops from Zhangzidao can swim, the laundry detergent from Langqi can run away, LeTV's ecosystem will inevitably rebel, and Luckin Coffee will sell coffee to the air...

Unfortunately, this cannot be the goal during this period.

Yu Xing knew that there would definitely be more suitable targets at this stage, and he absolutely believed that he would be able to remember them after seeing them, but he just lacked the stimulation of memory.

It would be great if there was someone else who wanted to come in front of me and stimulate me, and then I would definitely be able to stimulate him.

Yu Xing walked into the breakfast restaurant, hesitated for two seconds, and shouted to the boss: "Add an extra sausage today!"

Now that I have made money from stocks, I need to spend it.

Yu Xing hadn't finished his breakfast to stimulate consumption when he received a call from Xiaoying.

"Good morning. I woke up quite early today." Yu Xing said vaguely.

Liu Wanying has been watching the market lately and has been going to bed late at night. She said "hmm" and reported the news: "The website has been hacked and cannot be opened."

"Venting off your anger, huh?" Yu Xing said with a smile, "It's useless anyway."

"I'm thinking of opening a social media account for the company after the Chinese New Year," Liu Wanying asked. "Once the website is restored, we'll also have to put an end to this short selling. What do you think is a better way to say it?"

Yu Xing thought about it while quickly finishing his breakfast. Then he said to Liu Wanying who was waiting, "What do you think of just saying, 'See you next time'?"

See you next time?
Liu Wanying savored it for a moment and thought it was very good. She praised: "Okay, let's add a king cobra to the page."

"Xiaoying, actually, the idea behind this name is that I have come up with many different ideas..." Yu Xing sighed, "How about this, we don't want a real snake, we want a cartoon version of it, it will look better this way."

Liu Wanying thought for two seconds and confirmed: "No problem, you are the boss."

Yu Xing laughed and said, "Does the boss not earn as much as the employees?"

"Being a boss is not about how much money you make, but how much you control. If you use all my money, then you are still more powerful." Liu Wanying was half joking, half serious.

Yu Xing said earnestly: "LP, we are a match made in heaven. Let's make money together."

Liu Wanying said, "Your way of calling it is not acceptable, right?"

Yu Xing corrected the way he addressed her: "Master, we are..."

Liu Wanying's eyebrows were about to stand up: "You!"

"Xiaoying, what do you think about the future of Guoshanfeng?" Yu Xing started the next topic right after he finished flirting. "We don't have any more cards on Fenzhong. All we need is your final fund delivery. Bai Xiaosheng's plan for the first half of the year has been finalized, and the funds for the second half of the year will probably be rolled out."

When Liu Wanying was watching the market late at night, she also thought about the next step of Shanfeng.

She was silent for a while, sorted out her words, and said, "Now we can only look for more clues. In fact, we can look beyond domestic companies and look at more 'brilliant' companies. I have read some American feedback on Fenzhong Media's plunge and found that many investors do not do careful research and just rely on impressions, but they lack actual knowledge of domestic companies."

“I wonder if these domestic companies are just using the information differences between the two sides to maintain the situation.”

“This is something that deserves our review.”

"There are many listed companies, and a large number of companies have gone overseas for listing. We can do a rough search of the remaining companies first. If the financial data of some companies is obviously better than that of their peers, then we can..."

Liu Wanying quoted her partner's words: "Let's cut it open and see."

Information differences are obviously loopholes that can be exploited for fraud.

Yu Xing was suddenly inspired when he heard this: "Xiaoying, do you know that there is one very useful thing I have learned since I started my business in school last year? That is to seize all available resources!"

Liu Wanying asked, "Hmm?"

"What do you think of Bai Xiaosheng starting a topic activity, where we can talk about the legendary companies in various industries?" Yu Xing said seriously, "One person is short-sighted, and we can use Bai Xiaosheng to mobilize everyone's strength!"

A mythical company can be positive or negative.

What kind of company can make its performance and image become legendary?

Liu Wanying was stunned, and after a few seconds she sighed, "This... this is a bounty order on Bai Xiaosheng..."

In fact, there was no reward at all!

Just hang it, just hang it, hang it shamelessly!
"Well, this is an interesting term, a bounty order." Yu Xing was very satisfied with the term. "Let's try it out. When the company's development stabilizes after the new year, I will also participate in more public events to see what those big guys are like."

If the boss doesn't come, then I will go see him.

In this way, sorting out financial report information, issuing bounty orders, and meeting with the big guys are the three directions for selecting the next target.

If you still can't find it, you can only try Alibaba.

Alibaba’s Alipay incident is definitely an opportunity.

Yu Xing ended his communication with Liu Wanying and still had some confidence in the work after the New Year.

As long as there is fraud, it is impossible to be foolproof, especially since such listed companies have so many connections, there will always be problems in some link.

Even, it's an obvious problem.

Looking back, Yu Xing realized that many things were not done perfectly; they were just done for the sake of interests.

At ten o'clock in the morning, Fenzhong Media's manager Chang Haijie came to visit again, intending to finalize the cooperation with Bai Xiaosheng.

To be honest, he still thinks that 19 is an unprecedentedly low price, but he is indeed worried that competitors will grab even this low price...

So, when the contract was successfully signed, Chang Haijie really breathed a sigh of relief.

In four cities and half a year, the order amount was 456 million.

This is also a good performance before the New Year. Yu Xing shook hands with Fenzhong employees and asked with a smile: "Mr. Chang, do you have any inside information? Can your stock price rebound next Monday?"

"I'm just a grassroots worker, Mr. Yu. Do you think I know? Even if I tell you, can you really believe it?" Chang Haijie shook his head repeatedly.

"Let's just chat casually. We will have a long time to cooperate in the future. After our company raises round B financing, we will upgrade the advertising package." Yu Xing said seriously, "We believe that Fenzhong will learn from its mistakes and then be brave."

Chang Haijie smiled bitterly.

Yu Xing reminded him again: "Boss Chang, go back and give feedback to your superiors. We can't be stingy with investment at this time. The number of screens must be increased rapidly. We must not let those short sellers find opportunities again."

Chang Haijie felt that this was a ridicule, but seeing the seriousness on the young man's face, he could only nod.

Yu Xing personally saw Manager Chang off, and in the end he still expressed his sincere gratitude to Fenzhong.

Chang Haijie finally felt some relief from the final attitude.

He wished Mr. Yu a happy new year and continued to lobby for the next customer to place an order.

Yu Xing did not go upstairs immediately. He strolled downstairs for a while and waited for Zhong Zhiling, who had just finished his last day of land promotion work before the New Year. He talked with him for a long time about the land promotion construction after the New Year.

Near noon, the two took the elevator up. As soon as they walked into the company, they saw a group of people chatting enthusiastically around the screen.

There are still two days left before Bai Xiaosheng goes on holiday, and there are only five days left until the statutory holiday on the 25th. The company is already decorated with lights and has a strong festive atmosphere, and the festive atmosphere in the employees' hearts is naturally even stronger.

Yu Xing didn't mind everyone chatting at this time, and even went over to listen to what they were talking about.

However, his expression changed after just two words.

"This short seller's method of doing things is really down to earth. Not only does he count the screens of Fenzhong, he also finds college students working part-time to count them."

"Tsk tsk, college students are very useful and cheap to work with as part-time workers. This person must be from China, and from the mainland!"

"It's useful, but Guo Shanfeng also paid me a lot, 5000 yuan a month, which is not a small amount!"

"It's not 5000, it's 5500, even including the discount."

Yu Xing coughed and asked, "How did you know this?"

Tong Xingjian heard his boss's voice and turned around to say, "There was a part-time college student who admitted on Tianya Forum that he counted screens in Shanghai. It was a part-time job not long ago, but it was strange whether he was contacted or paid. I happened to see the news about Fenzhong being shorted, and now I know what happened."

Yu Xing nodded: "Really? Let me take a look."

He returned to the president's office with a heavy heart, turned on his computer, found Tianya Forum, and soon saw the post.

——I should be considered a non-staff member of the “Crossing the Mountain” team.

——Last November, I was contacted to do a research in Shanghai, the content of which was to count the number and distribution of offline screens of Fenzhong Media.

——I was very happy at that time because the part-time job paid a high salary of 5000 yuan a month. Although it was a bit tiring, it was worth it!

——However, the person who claimed to be doing thesis research paid the deposit in the form of phone credit. This was very strange. I said at the time that I didn’t need so much phone credit, so he asked me to recharge for other people, and in the end I could give him 5500 phone credits!
Yu Xing frowned and glanced down, seeing the reply from the part-time college student, but there was no clue that pointed out anything.

He used an anonymous phone and a phone card to contact and pay. Except for the first phone call, there were only simple text messages for subsequent communication. Naturally, there were doubts of distrust, but once the deposit and phone bill were recharged, the part-time job went smoothly.

In this era, real-name registration is not required for phone calls, but you can buy a lot of them on the street.

Yu Xing recalled that he just continued to scroll down and suddenly found that this post had been updated.

——I felt something strange about that call and even recorded it. I don’t know if the person on the other end was someone who had experienced Shanfeng before or was also an outsourced contractor.

The part-time college student uploaded the recording from his mobile phone.

Yu Xing grinned, why are you still recording? !
There are two types of people I hate the most in my life!
One is to prevent yourself from recording, and the other is to record yourself!
Fortunately, there are only a few sentences in this recording, "Yeah", "Yes", "I'll charge it for you after I hang up the phone", "Then I'll charge it first".

Yu Xing listened carefully, and heard the caution he had expressed more than two months ago, and his voice became noticeably lowered...

It’s nothing.

Yu Xing felt relieved, but still felt that... the team crossing the mountain was indeed a problem.

Can we find someone else to come forward? Who is suitable?
Yu Xing thought about the names in his mind, but he felt that none of them were suitable. He could only put them aside for the time being and not rush.

After noon, this post was updated again, and it was already a part-time college student who excitedly expressed that NetEase and Penguin backend had asked about reprinting the news and conducted a brief telephone interview.

It seems that the short selling that caused Fenzhong to suffer heavy losses this time still attracts a lot of people's interest.

Soon, Yu Xing saw the relevant report on NetEase in the evening. The title was "The Phantom of Short Sellers", but the content was not serious. Instead, it discussed the unexpected research methods of short sellers in a light-hearted manner.

In two days, reporters in Pengcheng have relatively verified the accuracy of Shanfeng's research, which makes people in China tend to believe in the problems that exist in Fenzhong.

Now, this research method of crossing the mountain peak has suddenly been exposed, and it is quite popular.

Yu Xing calmed down and estimated that the now troubled Fenzhong would only be wary of Guo Shanfeng's next move, but... Guo Shanfeng had no action yet.

The Mountain Crossing website was restored Sunday evening, but no updates have been made yet.

On Monday, Fintech Media released two pieces of news in succession. One was an independent investigation from an international auditing agency to clear its name, and the other was the record-breaking orders from the pre-New Year promotion.

When the market opened in the evening, Fenzhong Media's stock price rebounded slightly, perhaps due to the news.

At eleven o'clock in the evening, Liu Wanying called and asked for advice.

“We have no bargaining chips left, but perhaps we can still wait for the progress of the investigation disclosed by the SEC. Do you think we should end it or wait?”

Yu Xing thought for a moment and said, "Although our capital is small, the rate of return is still good. I think it's good to be able to manage our inner expectations. Today is over. Let's all have a good new year and not think about this anymore."

I don’t know when the SEC investigation will start, so let’s let the funds flow into Bai Xiaosheng first.

Liu Wanying agreed.

At one o'clock in the morning, she made a simple statistics and sent a text message to Yu Xing. The total principal invested this time was US$60, and the final total was US$179.1 million, of which the PUT profit was US$22.8, the double CALL spread profit was US$15, and the CFD contract profit was US$61.3.

According to the previous agreement, no matter what kind of profit is made, Yu Xing will get the highest share of the $15 principal.

In other words, Yu Xing finally earned 76.3 US dollars.

(End of this chapter)