Chapter 632: Carter's Confidence: Michael Jackson
"Charles, do you think I should sell now?"
"It's really hard to say..."
New York, South Manhattan.
Looking at the exchange that was slowly closing its doors, two middle-aged white men were standing by the street, with melancholy expressions on their faces...
"Pepsi's attitude towards HT, which is bound to win, is both good and bad!"
"The good thing is that in the near term, transaction volume should be down. Everyone is waiting for a price, hoping to get a high price, but..."
"If PepsiCo has negotiated with those institutions in advance, they will have enough patience to deal with such a small stock like ours later, delaying dividends, lowering dividends, and forcing us to sell at a low price..."
Next to the man named Charles, another person quietly picked up the topic:
"What the hell is HT doing?! Their stock price has dropped to 7.23, nearly one-eighth of their market value has evaporated, and they haven't done anything at all. Do you think they really have a problem with their capital chain?
Right? HT’s expansion has not been slow in recent years..."
"Probably not. I see that the financial reports are normal! The current profits are indeed not much, and most of the profits are spent on the supply chain and stores, but isn't this what a high-quality company should do?"
If you stop making progress after making money, how can this kind of enterprise become bigger and stronger and create greater glory?!
Everyone understands the truth, but for retail investors holding HT stocks, even if they understand...
"Then why don't they bail out the market? According to what you said, or based on HT's past performance, they are not a company that is not enterprising. Going global like McDonald's will definitely be their pursuit. But they just let it go
Regardless of the stock price falling...are their profits already high enough to be able to complete the construction of a global supply chain on their own?"
"Aren't they afraid that if they lose their money, the stock price will not rise in the future, and they will not be able to raise funds?! Or are they saying that their financial reports are false?!"
"Impossible! Financial fraud is the biggest scandal. If HT really dares to commit financial fraud, there is no reason why Pepsi should not seize this point and start an attack. But to this day, Pepsi sends people to their stores to cause trouble. This kind of low-spirited
They have used all kinds of tricks, but they have never mentioned that there is a problem with HT's financial report. This should mean that their financial reports are all true!"
"So what is your suggestion?"
"Patience! Wait a little longer, my friend, don't be in a hurry to sell..."
...
...
The fight between TB and HT that attracted much attention in early 1983 became lively once again as Pepsi, the man behind TB, ended the fight personally.
HT, which has not seen any action for a long time, has become a hot topic on Wall Street for a while.
The topic of "Guess what HT is going to do" has also become the easiest topic to talk about when striking up a conversation.
Whether they are fund managers or small retail investors, people are curious about what HT is holding back...
At the same time, the center of the topic...
In the office of HT Company, Carter, the real talker, threw down the phone:
"A bunch of short-sighted insects!"
"What's wrong?"
"They actually want us to borrow HT shares, otherwise they won't guarantee not to lend HT shares to others. The key is the interest rate. For us, they charge 25% interest...ha!"
Carter was upset when he dropped the calls from financial institutions.
Intellectually speaking, Carter understood that these institutions required him to pay margin and borrow stocks. Again, in the financial market, favors are always secondary.
If the time is short, then it may not matter. A small profit loss is not worth the value of the favor. But HT's delay in taking action will inevitably make those financial institutions that agreed to cooperate feel dissatisfied.
As the liquidity of HT stocks becomes higher and higher, Pepsi is acting like a silly son of a landlord, waving banknotes everywhere to acquire and borrow HT stocks...
That's getting more and more
The high interest rates on securities lending have completely broken through the psychological defense of these institutions: it is the same money, watching others make it, but not making it yourself...
More or less a bastard!
But from a perceptual point of view, I was originally worried about a lot of things. At this time, those institutions that seemed to be "our own people" were still taking advantage of the situation. It was really...
"No! Let them lend the stock to Pepsi! Who are you threatening, really!"
"Are you sure? Carter, don't be impulsive!"
Looking at Carter, who looked like a superior, the shareholder representatives of Genas and Fidelity Investments were all shocked. Are you really not afraid that the market will completely lose confidence in you?!
In the recent period, there have been much more selling orders than buying orders for HT on the market. At this time, the stocks are being given to opponents who are obviously here to increase the selling volume...
In case of panic, the stampede effect will occur...
That guy, the stock price will definitely be as high as the sudden change... No, it will plummet even more violently than the negative news!
"You're sure! Don't worry, I'm not acting on impulse! If they don't cause them to bleed a lot this time, they really think I'm a soft persimmon..."
There was a sneer on Carter's lips. If this had happened yesterday, Carter might have compromised, but today...
"Is the plane ready? I have to go meet our cash cow for at least the next twenty years!"
"The plane is ready, but... is that black man named Michael Jackson really as powerful as you say?"
"He can only describe it better than I can..."
...
...
Michael Jackson is Carter’s confidence!
Speaking of which, yesterday, Carter, who had never found a suitable spokesperson, casually complained about his troubles after receiving a call from Little Red Riding Hood. Then...
"Why don't you consider Michael Jackson?"
"The 25-year-old Grammy's Best Male R&a;B Singer, a black man, from a poor background. Didn't you see how popular "Beat It" became last year? Speaking of celebrity status, he may not have received any awards so far.
That Moreno is more important, but he and Quincy are the pioneers of MV. If you look at it in a few years, his status will definitely not be lower than Moreno!"
"Oh, yes, in addition to the buff of people of color and poor people you mentioned, he also has a buff of philanthropy. The most recent charity concert was held in your Atlanta, didn't you know?"
"How the hell do I know? I have been in Connecticut for the past few years... But you are right. If you look at it this way, this person is indeed suitable..."
When Michael Jackson's name and the word "beatit" appeared at the same time, Carter's mind echoed crazily with "Bah? Bah?" and he felt a little wobbly in his steps...
Carter had to admit that he was not a fan of Michael Jackson at all, and had not even listened to his songs very often. But Carter had heard a lot about the rumors about this man, and to say he was a world-class superstar was an understatement...
The celebrity status, especially the future celebrity status, can be said to be the ceiling of MJ in the entertainment industry. Coupled with that series of BUFF...
"I'll try to contact their company and see if I can hire him!"
Chapter completed!