Friday, February 2.

It fluctuated in the 2900 point range for a week. When the capital market was watching whether the Nasdaq market could break through the 3000 point mark on the last trading day of this week, another scoop of cold water from the Westeros system was poured down that morning.

After less than two weeks of announcing a reduction in Cisco stock on January 22, Westeros once again issued a reduction statement.

No surprises.

This time it's AOL's turn.

The amount of share reduction is still about $2 billion.

In order to suppress the Nasdaq Index, after the announcement on January 22, Westeros has completed the reduction of its holdings in Cisco stock in two weeks. This is actually an important reason why the Nasdaq Index fluctuated up and down this week but always failed to break through 3,000 points.

Because the two share reduction announcements were too close, with Westeros’ announcement, the Nasdaq Index fell 2.9% on Friday, significantly exceeding the 0.7% market decline on the day of Cisco’s share reduction announcement. The Nasdaq Index fell back to the 2800 point range, and it closed at 2879 points on the day.

Come again!

Since the Westeros system first cashed out Daenerys Entertainment stocks in December last year, many people have been speculating on Simon's motivations.

If you just premonition that the market has reached its peak and cashed out at a high level, it actually doesn't make sense.

With the current influence of the Westeros system, as long as you open your mouth and say that you need funds, a large number of financial institutions will cry and shout and pounce on you to send money. If the market is about to turn, in order to maintain the overall situation, what Simon Westeros should do is to stabilize market sentiment as much as possible, rather than cash out at the risk of catalyzing a market collapse.

After three consecutive share reductions, everyone finally realized it.

There is no doubt that Simon Westeros is suppressing the Nasdaq Index.

The reason for doing this is also very simple.

Anyone with a little financial background can know that once the market is overheated, it will inevitably lead to the prevalence of speculation, and those who really want to do things will be run. Therefore, avoiding the market overheating is actually beneficial to the long-term development of an industry. Otherwise, a large number of speculative capital will only leave a mess and even destroy the entire industry.

Even though you understand, everyone is eagerly looking forward to the continued rapid price of a series of technology stocks, hoping that the book returns of various technology stocks that have already held heavy positions have reached new highs, and hoping to cash out at a high level and leave the market and hand over the mess to the unlucky guy who finally took over. Simon Westeros, you are so blatant that you are not authentic.

So, after the closing of the afternoon of the same day, all forces began to attack the Westeros system.

Sec is asked to investigate whether Westeros is suspected of manipulating the market.

Someone called for measures to ban Simon Westeros from malicious sell-offs.

Someone contacted Simon privately, and he hoped that he could stop at the right time.

Some people said that Simon could directly state how much he planned to sell and cash out. Everyone could trade privately without having to sell in the secondary market and cause market fluctuations.

Some people took advantage of the election year to try to lead the topic to Simon's personal wealth that has almost exceeded one trillion yuan, and it is very unreasonable to have such a huge amount of wealth.

Not only that, technology stock shorts that have been waiting for opportunities have not missed such an opportunity. As evidence, Westeros's announcement of share reduction once again exaggerated the public opinion that the Nasdaq index has reached its peak and is about to turn, trying to truly prompt technology stocks to collapse.

Even the White House called Simon.

It was obviously the President who was entrusted by others and took out an analysis report from some unknown place to discuss it with Simon for more than half an hour. The general idea was that the current fundamentals of the new technology industry were more than enough to support the Nasdaq 4,000 points, and Simon had no need to be so cautious at 3,000 points.

To be honest, the turmoil caused by this share reduction was something Simon did not expect.

However, it was not beyond Simon's expectations. After all, the Westeros system's behavior of suppressing the rise of technology stocks blocked too many people's financial resources. It was just that Simon thought that this would happen after two or three reductions.

In the face of huge benefits, people's eyes are blood red, and they can do anything if they are too anxious.

Since it has caused everyone's dissatisfaction, Simon did not have the idea of ​​being an enemy of the whole world. Faced with lobbying from all sides, he followed the trend and promised that he would not reduce his holdings in the short term.

This is actually a kind of big tail.

From small businesses to large countries, there is never a shortage of discerning people in the world. Faced with all kinds of disadvantages, it is not that no one wants to change, but that it is difficult to return. When a huge machine collapses and collapses and runs in one direction, people who are in front of trying to save often have no bones.

However, Simon had no intention of stopping completely.

The core goals of this year's share reduction plan are actually two, one is to curb overheating speculation in the new technology market, and the other is to cash out funds.

Simon's original goal was to cash out a total of US$20 billion in 1996.

Since it is promised not to cash out in the open market in the short term and is no longer suitable for doing this in the next six months, Simon plans to choose to directly conduct bulk stock transfer transactions with institutions as suggested by some people.

It is also planned to choose the right time to issue a Westeros corporate bond.

Before this, when Westeros needed additional funds privately, they basically sought loans directly from the bank. The main reason was that it was convenient and fast, without the complicated process of issuing bonds, and there was no need to disclose too much information. Moreover, with Westeros' reputation level, the interest rate for getting a loan is often very affordable.

However, if you want to raise 10 billion US dollars in one go, and have a long-term debt of more than 10 years, it is not appropriate to continue to borrow money.

The main reason is that the flexibility of bank loans is too poor, there is much restriction, and there is a lack of room for improvement in repayment. Once a company has problems, bank debt collection will often become the last straw that broke the camel's back. After the company goes bankrupt, bank loans usually need to be paid first.

In comparison, corporate bonds are very flexible. As long as you get funds, there are few restrictions. In case of any problem, you can negotiate with your creditors for debt restructuring.

With the current size of the Westeros system, the possibility of repayment difficulties is very low. Therefore, the core of choosing to issue bonds is still the cost.

Banks are seeking profitability, so corporate loans inevitably require relatively high interest costs.

As for bond investors, especially those with low interest rates, high-credit bond investors are more just to seek the most stable guaranteed investment or even resist inflation, and do not pursue profits too high, which actually means that the cost of the bond issuing party will be very low.

In fact, many companies in the Westeros system, such as Daenerys, American Online, etc., have been issuing bonds in recent years. However, Westeros, the core of the Westeros system, has not done this. After all, in the past, if you want to issue bonds, it means that you need to disclose a lot of information publicly.

This is something Simon has always been reluctant to do.

Now, the Westeros system is strong enough, and then you can choose to issue bonds and disclose them selectively.

Believe it or not.

If you like to buy or not.

Therefore, after promising to no longer reduce holdings in the short term, Simon released a rumor on the following weekend.

Since some people say they can privately take over the sale of the Westeros system, in addition to the $2 billion U.S. Online stock announced on Friday that it will continue to flow to the secondary market, Simon also plans to sell Daenerys Entertainment, Cisco, and U.S. Online stocks in total of $3 billion to institutions.

Let's discuss it.

Collect money.

Of course, because it was a bulk transaction, Simon would not unkindly stick to the original price and directly gave the institution a 10% discount on buying discount.

Daenerys, Cisco and American Online reduced their holdings to cash out more than 6 billion yuan three times.

Another 3 billion was sold this time.

Including the next step, Tincobaier, Melisandra and Verizon Telecom will cash out at least $1 billion in funds during the listing process. In the first half of the year, through these share reductions, excluding the capital gains tax that needs to be paid, Westeros is expected to receive no less than $10 billion in funds.

Then, in the second half of the year, Westeros will launch a $10 billion corporate bond issuance plan.

All together, $20 billion, just completed Simon's plan to hoard funds.

In addition, Simon did not intend to completely give up his intention to suppress the Nasdaq market, but the means would be more concealed and he would do as much as he could.

In fact, all these acts of withdrawing funds from the market are suppressing.

When smart people see Simon Westeros constantly embezzle funds and want to rush into the new technology field, they will always hesitate.

Simon released the rumor and received a response soon.

Goldman Sachs, Morgan Stanley and other Wall Street giants and overseas financial tycoons such as Credit Suisse are very interested in the batch of shares that Simon intends to cash out, but they just hope that the discount can be lower, and Simon will not give in to this.

However, the two sides quickly started formal contact.

Simon also brought in Black Rock Asset Management, a subsidiary of Cersei Capital, and planned to give at least 10%. After all, as long as you are not too greedy and keep holding on to it, cash out at the right time in the future, the buyer's generous returns are completely expected.

Of course, you cannot forget your own people.

Simon just told Lawrence Fink that the half-year restricted period for buying this batch of stocks will be sold immediately after the market trend.

Perhaps because many people have received Simon's promise news, after this weekend in early February, the Nasdaq index quickly returned to the 2900 point range in the new week, and the obstacles that hit 3000 points have basically disappeared, leaving only one time issue.

The plan to suppress the Nasdaq was a failure not long after the beginning. Simon was not depressed and pushed forward various other plans of the Westeros system step by step.

In any case, if the Nasdaq collapses in the future, the market value of companies held by Westeros may fall sharply, but because of making sufficient preparations in advance, the real impact will not be too serious. You can also expand your strength at a low cost in the process of the market being in a mess.

Wednesday, February 7.

Just after the US Online stock share reduction incident, another piece of news related to the Westeros system broke out.

On the morning of that day, Gilead Sciences, a startup pharmaceutical company located in Foster City, San Francisco Bay Area, suddenly held a press conference and announced that it had reached a financing plan with Westeros with a total amount of US$120 million. Westeros will obtain 4 million shares of Gilead, with a shareholding ratio of 32.8%, becoming Gilead's largest shareholder.

Gilead Sciences is a listed company. With the release of this news, it was already a few hours in the afternoon on the East Coast. The company's stock price soared 17%, with a market value of US$535 million, but most people were still confused.

Gilead.

What is this?

Fortunately, within just a few hours after the news was released, the company's information was dug up.

Of course, there are also reasons why Gilead took the initiative to make the news.

However, after some research, everyone soon discovered that the background of this pharmaceutical company established in 1987 is really unsatisfactory.

After eight years of its establishment, Gilead focused on research on immune deficiency and antiviral drugs. It burned nearly $100 million in funds, but basically achieved nothing. It could only obtain a small amount of revenue through some outsourcing contracts provided by pharmaceutical giants such as GlaxoSmithKline.

However, it is such a company that successfully launched IPO in 1992 and has survived to this day, which is a miracle.

This is certainly superficial information.

Continue to go deeper, the connections behind this company, such as the youngest former Secretary of Defense in American history, are obviously one of the main reasons why Gilead can maintain it until now. In addition, the biggest reason why Westeros has invested in this company is probably that Gilead is finally going to launch its first new drug.

According to information provided by FDA (US Food and Drug Administration), the new drug submitted for review by Gilead is called cidofovir, which is mainly used to treat cytomegalovirus retinitis caused by AIDS.

What the hell is this?

After eight years of its establishment, it burned hundreds of millions of dollars in total before it took out such a new drug with non-mainstream complications. Although the prospects of this drug are portrayed by Gilead are very bright, and it can be directly intravenously injected to replace several existing drugs that can only undergo surgical intubation. It is also expected that after it is launched, it can contribute more than 150 million US dollars in revenue to Gilead every year, but when everyone is so easy to fool?

Someone soon exposed Gilead's lie.
To be continued...