Heads Up Hollywood

Chapter 124 Wall Street's Move

The trend of Yahoo stock is what Tang En is most concerned about now.

Just like Scott Swift's prediction, Yahoo's stock price has been rising all the way, but the trading volume has not been high, remaining at around 20 million shares.

Until December 7th, Yahoo’s opening price was 296 US dollars, and then soared 30 US dollars within half an hour, exceeding the warning line of 300 US dollars!

The Nasdaq exchange exploded instantly!

On this day alone, Yahoo's stock trading volume reached 260 million shares, creating the highest single-day trading volume since Yahoo's listing!

Yahoo's total share capital is only about 250 million shares, which shows that Yahoo's stock changed hands continuously that day.

Such a huge trading volume must not be something that retail investors can create. Even a big investor like Tang En only holds 2.1 million shares.

Wall Street must have made a move!

Tang En specially flew back to New York to pay close attention to this matter, and consulted Scott Swift about it.

Why is this happening?

"At the end of last year, there was a wave of abnormal jumps in Yahoo's stock. The stock price rose rapidly, even reaching $400. It’s back down and back to its normal price of around $150.”

"This year's situation is exactly the same as last year. Yahoo's stock price has risen rapidly since November, breaking through the $200 mark and soaring all the way. The major securities institutions and investment banks on Wall Street are cautious, because last year everyone has been hit once. A lesson in greed."

"This time, they chose a conservative strategy, estimating that $300 was the peak threshold, so securities institutions collectively sold stocks at the price of $300, which resulted in the huge trading volume of the day."

Scott Swift's understated remarks avoided the complex and deceitful financial operations within securities institutions.

If Tang En realized something, "Since the securities institutions and investment banks don't believe that Yahoo's stock price can continue to maintain above 300 US dollars, then they...will definitely fight in the futures market, right?"

Scott glanced at Tang En in surprise, nodded, "That's right, the New York Mercantile Exchange...is very active recently."

Tang En laughed loudly, "That's interesting. If Yahoo's stock continues to rise in the next month, they will short it... I don't know how much they will lose!"

Scott shook his head, "Twain, Wall Street's financial institutions have very mature systems. Even if they believe that Yahoo will plummet, they will definitely avoid risks."

Tang En really didn't understand, "What do you mean?"

"Hedging." Knowing that Dunn didn't know much about finance, Scott said in a simple way, "To put it bluntly, it means taking out part of the funds to buy short, and at the same time continue to increase Yahoo's stock holdings. Then even if there are unexpected changes in the stock price in the future, You won't lose too much."

"Then if everything is as expected, wouldn't the earning be much less?" Tang En suddenly understood.

Scott laughed and said: "This is natural. Wall Street institutions... are different from you. Your money belongs to you personally, and you can put all your eggs in one basket. But the structure of Wall Street relies on financing to obtain original capital, and managers work for shareholders. , they dare not take too much risk.”

"Hehe." Tang En shook his head with a smile, "It's like democracy and dictatorship. The former is good, but because of the huge pressure, it will definitely avoid risks and maintain stability. It is notorious, if used well... it will be famous in history!"

Scott couldn't keep up with Tang En's weird thoughts, so he agreed with a smile, "Yeah, if we can really succeed this time... we will definitely be famous on Wall Street!"

"What I want is not fame, but money!"

Tang En glanced at him with a half-smile.

Scott Swift immediately turned serious, "Of course! Don't worry, as long as your intuition...prediction is correct, I promise to make you ten times, or even dozens of times the profit!"

Tang En said: "Then I will wait for your good news, stay tuned. Remember, without my order, you are absolutely not allowed to sell stocks!"

...

In mid-December, the nominees for the 57th Golden Globe Awards were announced.

The North American box office exceeded 200 million, and the global box office of 280 million US dollars "Wedding Crashers" won two major nominations - Best Actor in a Musical Comedy and Best Actress in a Musical Comedy.

Jude Law and Reese Witherspoon, two newcomers, officially stepped onto the big stage of Hollywood stars.

Especially the British actor Jude Law, who was nominated not only for "Wedding Crashers" but also for his performance in "The Talented Ripley" for Best Supporting Actor.

However, it is not easy for the two of them to win the prize.

Reese Witherspoon's competitors for Best Actress in a Musical Comedy include Julianne Moore, Julia Roberts, Sharon Stone, and Jenny McDill, all of whom have been famous for many years. actor.

Don't even think about Jude Law. Although he has won two nominations, it is impossible for a foreign newcomer to be popular with Americans for the first time on the red carpet.

Relatively speaking, among the awards that Twain participated in, the one most likely to win is the movie "Star Wars Episode 1: The Phantom Man's Menace" that he directed himself!

This super movie with a North American box office of 570 million and a global box office of 1.1 billion won a nomination for Best Supporting Actress.

Queen Padmé Amidala, played by Natalie Portman, successfully conquered the hearts of the judges through the wonderful performance of the last 40 minutes, and stepped onto the big stage of the Golden Globe Awards with the attitude of an absolute commercial film.

This is also her first Golden Globe nomination.

However, compared with these three rookie actors, another rookie director truly dominated the Golden Globe Awards.

Sam Mendes, the British director who is in charge of the post-production work of "Missing Girl" and directed "American Beauty"!

Once "American Beauty" was released, it received unanimous praise from film critics and filmmakers, and the Golden Globe Award selection committee also approved the film through nomination.

A total of 6 nominations were awarded for Best Picture, Best Director, Best Actor in a Drama, Best Actress in a Drama, Best Screenplay, and Best Soundtrack.

All of a sudden, "American Beauty" became famous!

At the same time, "The Girl Who Moved the Soul" that Sam Mendes is currently producing has also become the focus of heated discussions and expectations from the media and movie fans.

After the Golden Globe nominations were announced, Tang En heard another piece of good news.

Natalie got admission letters from Harvard and Yale with all A's!

At this time, Tang En was in New York, closely following the trend of Yahoo's stock. On the same day, he attended the internal party of Natalie's family as a boyfriend.

This is a typical Jewish family, in a... eccentric style.

Natalie knew that Tang En was not used to it, she pulled Tang En, looked at him with a smug smile on her face, "What major do you think I am studying?"

"Didn't you apply for clinical psychology?"

"It can be changed. Besides, the first two years of university are just some basic courses, and the second two years are the real professional courses." Natalie looked at Tang En with disdain.

Tang En scratched his head, "I haven't studied in college, but I support your choice."

"But..." Natalie paused, a little hesitant, "But I feel that clinical psychology is of little use to me or your future career."

"University is just an experience, Nat." Tang En hugged her gently, "The development of your career is all up to me. You don't need to worry, you just need to follow your hobbies and make the choices you like."

"oh."

Natalie nodded blankly, then chuckled, "Hey, what if your company goes bankrupt in the future and I don't become popular again?"

Tang En smiled and said: "It's very simple, you open a clinic and earn money to support me!"

"It's okay to raise you, but it's impossible to raise other women!" Natalie snorted lightly.

Tang En rolled his eyes, "Abilities and women are in a normal distribution, do you think I'm bankrupt, will there still be women around me?"

"Yes, I have!"

"who?"

"I!"

(Note 1: In the 57th Golden Globe Awards, Reese Witherspoon was nominated for "On Campus", and Natalie Portman was nominated for "The End of the World". In this book, the appearance of Tang En changed The trajectory of the two people's lives has been changed, but the general trend of nomination has not changed.

Note 2: This book focuses on Hollywood, and other fields, such as the stock market, or real estate, cultural tourism, and the Internet that may be involved in the future, should be shortened as much as possible. If you are interested in any aspect, you can leave a message, and I will write more.

Note 3: Tax issues. Can an accounting firm do the accounting to avoid tax? too young too simple. There is a fine line between tax avoidance and tax evasion, but Ronaldo Messi has entered the court because of tax issues. This problem is very complicated, and I will write it slowly in the future.

Note 4: The book is about to be put on the shelves, and I hope everyone will support it. )

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like