One could imagine how great the impact would be when such an exposé article appeared.
"Can the authenticity of this article be guaranteed?" Wellington's general manager asked with a trembling voice.
"It shouldn't be fake. The article provides detailed backend data. Although I don't know how the author of this article got the information, it doesn't look fake," the secretary said.
"I just logged in to Photostation, and it is indeed very lively. In the forum area, hundreds of new comments can be refreshed in a minute. This is something I have never seen in any other forum!" The secretary said, "But time was tight, so I didn't investigate carefully. If you need, I will give you an accurate result in three days at most!"
"No need, I believe 51 Search won't publish a fake article at this time!" Wellington's general manager couldn't help but mutter to himself.
"Manager, you said that this article was published by 51 Search?" The secretary exclaimed.
"Nonsense, how could a reporter who wrote the article with us get a screenshot of the backend data? Even we can't get the backend data. Either this reporter is a top hacker, or 51 Search gave it to them directly! "
"Those guys in 51 Search must have been scared by the plunge yesterday. They directly released this news to stabilize the stock price!" Wellington's general manager rubbed his temples with a headache. "These bastards, why didn't they release such important news earlier? A profit of 200 million US dollars a year, and this is the result of only 180,000 members."
"If this website expands to 1.8 million members, wouldn't it have 2 billion …" Wellington's whole body stiffened when he said this, and then he shouted crazily, "Buy it! Buy it, no matter how much it costs, buy all 51 Search shares on the market! "
At this moment, the general manager regretted selling 1 million shares as a means to suppress the stock price.
— — —
"Crazy again?" The shareholders began to crazily shoot 51 Search's stock price, and everyone couldn't help but mutter to themselves.
These individual shareholders were very calm when they saw the stock price rise crazily again. This must be another means by the organization to cheat them of their money. They certainly wouldn't buy it, and they certainly wouldn't be fooled.
Therefore, most of the individual investors saw the stock price rise from $10 to $12, then from $12 to $15, and finally back to the high of $16.
In the blink of an eye, it broke through $16. Ten minutes later, it broke through $17. Twenty minutes later, it broke through $18. An hour later, it broke through $20.
Then, the individual investors faintly felt that something was wrong.
Some veteran individual shareholders immediately checked the flow of funds and were surprised to find that almost all the people who bought 51 Search shares during this period were large institutions. These institutions did not refuse. As long as there was a transaction order on the stock market, they would immediately buy it without even a second. That was why the stock price rose so rapidly. It was not until the price reached 20 USD per share that the institutions became a little more rational.
However, even though it didn't happen in an instant, there were still institutions in the market who continuously bought 51 Search's shares.
"That's not right!" These experienced shareholders immediately felt that there was something wrong.
The previous skyrocketing and plummeting prices were obviously set up by a banker to cheat the individual investors of their money.
But now, when all the major institutions in the United States made a move, the situation was different. After all, these institutions couldn't join hands to set up a trap.
There was only one reason. These institutions judged that 51 Search's real stock price was above $20.
But how is this possible? How can a newly listed Internet stock have a market value of more than $20 billion?
This reflected the gap between ordinary shareholders and institutions.
Although ordinary shareholders occasionally read magazines, they mostly read professional financial magazines. They rarely read online news magazines.
On the contrary, the organizations had a huge manpower and were responsible for keeping an eye on all the news in the market. These organizations would buy all kinds of news magazines to analyze and look for clues that would affect the rise and fall of the stock market.
So, although the latest issue of < The Internet Age > was only released for less than 30 minutes, it was already placed on the desks of all the major institutions' managers. This made them understand 51 Search's true value.
In the end, all the major institutions went crazy. They started to invest in 51 Search crazily. Although 51 Search's current price is far from that.
However, the major financial institutions were not fools. When 51Search already controlled the largest search portal in the entire Internet, then Photostation would definitely have the highest traffic on the entire Internet. There was no need to doubt the speed at which Photostation developed. It was unstoppable.
Although there were only 180,000 paid members at the moment, with the passage of time and the development of the Internet, as well as the indelible human nature of the world, it wouldn't be strange for a website like PiLi to have 18 million paid members.
After all, in another world, the world's largest website has 80 million paid members and is ranked 13th on the global website rankings. The websites that are ranked ahead of it are websites like Google and Amazon.
Cough, cough. Back to the topic.
There are no fools in the financial institutions because the fools have already lost their money and been kicked out of the market.
Therefore, after seeing the news about PiLi, all the financial institutions understood how great 51 Search's future value is.
If they don't buy its shares now, they will definitely regret it in the future.
Therefore, before the individual investors could react, 51sSearch's stock price had made an astonishing comeback. Finally, on the second day of its listing, the closing price was fixed at USD 25.62, more than double the initial price.
However, this is not the end. After the second day, the individual investors finally had time to find out the reason for 51 Search's heaven-defying growth. Then, reports of the huge profits of PiLi began to circulate on the market.
In an instant, < The Internet Age > magazine became as expensive as Luoyang. Countless people rushed to buy this magazine and read the reports carefully. Then, on the second day, they sharpened their knives to attack the pigs and sheep. Their eyes were almost red when they looked at 51 Search.
Therefore, on the third day after 51 Search's listing, the valuation of 51 Search directly soared from 25.62 USD to 32.37 USD.
It was the kind of sudden surge that did not even take two or three seconds. The individual investors only saw a whoosh, and then the share price went from 25 USD to 32 USD. It increased by 7 USD.
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