Chapter 432: Congressional Efficiency
"Mr. Gilrefe!" said Sarah, who came running back in the afternoon, "the end of the world has really arrived!"
"Calm. Ji Aojian leaned back in the chair and asked leisurely, "Have you bought the insurance you just said?"
"The insurance company said that my cousin, Miss Dixia, was too risky and refused the business. ”
Ever since Sarah sold her identity as "Miss Deesa", she has become her cousin.
She remembered the news she had just heard, and said anxiously, "Don't worry about any insurance, I just passed by the exchange and saw that our company's stock price has collapsed!"
"Crashed, and what is the stock price now?"
"The news from inside has fallen below fifty dollars. "The whole market is like crazy, and everyone is throwing out Transcontinental Railway stock." ”
"So, why did our company's stock suddenly collapse?"
"Aren't all the newspapers published today, the United States is about to declare war on Mexico, and the transcontinental railroad can no longer be built. ”
Ji Aojian remained silent, "That's all?"
"When the stock price is collapsing, a bad news can drive a lot of bad news out. "There are all kinds of negative rumors all over the place right now, all about our railroad not being able to be built, and I feel very reasonable when I hear it." ”
"What's the bad news?"
"Everybody is talking about the fact that the west is full of deserts and mountains, and the geological conditions are very poor. The cost of building a transcontinental railway is astronomical, and it is impossible to raise enough money from the market. ”
Ji Aojian snorted, "That's right." ”
"Everyone also said. There are still many Indian tribes in the west, who raid the Americans frequently, and they like to sabotage the railroads, and they can't build there at all, and even if they do, they can't get through traffic. ”
"They're finally discovering these problems. Ji Aojian smiled, "Doesn't this mean that even if the Americans don't go to war with the Mexicans." Can't the western section of the railroad be built?"
Sarah nodded repeatedly, "You're right, so the market's confidence in our stock is completely gone." ”
"Then don't you have any faith anymore?"
Sarah was stunned. "Me?"
"Our company is a sunrise industry, the project is running very smoothly, and there is ample cash flow, and the prospects are very good. What's the reason why you can't do it?"
"You're right. But we can't build the western section of the railway, and if we can't build the western section of the railway, it won't be a transcontinental railway......"
"Even if the eastern section of the railway, which is only half the width of North America, is it worthless?" Ji Aojian asked, "Even those short-distance railways that are only a few hundred miles and travel between several cities are recognized as high-quality assets in the market, so will we build an eastern section of the railway with thousands of miles as good as those fragmentary railway lines?"
"yes, yes. Sarah suddenly realized. "The value of a railroad connecting all the northern states of the United States is enormous. ”
"As for the Western Railway. Construction will not start until the eastern section of the railway is repaired, at least more than a decade later. Ji Aojian continued, "So now that the United States wants to fight with Mexico, whether the geological conditions in the west are harsh, or whether the Indians sabotage the railway, it has nothing to do with the current eastern section of the railway, and there is no need to lose confidence in our stocks." ”
"You're absolutely right, but the market isn't aware of it yet. Sarah is still worried, "In fact, whether the company's assets are good and whether it is operating smoothly cannot avoid becoming the subject of speculation. ”
However, this kind of short-term operation, after all, violates the basic law of economic development and will eventually be countered by the market. Ji Aojian said, "Sarah, don't you see that now is the best time to eat potential stocks at a low price?"
Sarah was stunned again, and after a while, she said, "You mean that this stock will be pulled up soon?"
"Your cousin is already on the move. ”
"In that case, then there is no problem at all. As a worshipper of the stock god, Sarah immediately jumped up, "I'll go contact my friends on the side of the road now and eat the shares of the Transcontinental Railway!"
"You're absolutely right. Ji Aojian encouraged, "Whether you can get rich in this life depends on this one." ”
Sarah immediately ran out in a hurry, and after an hour came back with a bitter face.
Seeing her expression, Ji Aojian couldn't help asking, "Can't you grab the stock anymore?"
"No, I put all my personal money into buying stocks. "When I bought it, it was thirty dollars, and after I bought it, it fell below twenty dollars in a blink of an eye." ”
"It turned out that it was still stumbling. ”
"Mr. Gilreve, when do you think this stock will recover?"
"Rest assured, the company is an industrial, not a speculative business, as long as market confidence is restored, the stock price will soon recover. Ji Aojian comforted, "How long can those short sellers suppress the stock price? let alone a month or two, even if it is a few weeks, it will not be possible, or even within a few days." ”
Sarah remained silent.
"Now you just have to sit firmly on the Diaoyutai and wait for the stock price to rise back. ”
"But I couldn't sit still. Sarah said worriedly, "I have mortgaged all the houses and bought all the shares of our company, and now the stock price continues to fall, how can I rest assured?"
"Hey, you're so calm, why do you want to sell all the houses?" Ji Aojian couldn't help but learn a lesson, "Stock speculation should only use spare money, why make yourself so passive." ”
"You just said that whether I can get rich in this life depends on this one. ”
“...... Okay, then you can bear with me and get through it for a few days, maybe the turnaround will come tomorrow. ”
"I can't wait for tomorrow. Sarah sighed, "Look. I ate the stock at $30, and if it falls to $3, doesn't that mean my savings have evaporated and I'm only a tenth of it?"
"That's how you calculate. Okay, too. ”
"If it falls to three cents, won't my personal net worth shrink a thousandfold?"
"How could it fall to three cents?"
"It's possible that when the stock falls into a downward channel, no one knows where the bottom is. Sarah gestured and said, "You think it's all over if you fall to the bottom floor, but there's actually a basement, and you think it's over if you fall to the basement." In fact, there is hell down there. ”
"What you're talking about is bankruptcy, the stocks are all waste, what point does our company look like it's going bankrupt?"
Ji Aojian thought to himself. To fall to three cents, the cost of buying the bottom is too cheap.
"Anyway, I can't sleep at night like this. And the house will be taken away immediately. Sarah said anxiously. "Mr. Gilreve, is there anything you can do to stop the decline today?"
"Sarah, you've also been running on Wall Street for seven or eight years, what do you think of the current market sentiment?"
"I think many people have figured it out that our stock has long-term value. Sarah sighed, "But Mr. Little and Mr. Drew are so famous, and they put on such an aggressive posture." Except for Miss Dixia, no one dared to take the initiative on the exchange. ”
That is to say. Now is the strongest momentum of the bears, and everyone has chosen to wait and see?"
"Yes, yes, that's it. ”
"The edge is at its peak, the turning point of decline. Ji Aojian said lightly, "Just now, a telegram came from Washington. ”
Sarah immediately nervously asked, "What's the news, has the United States declared war?"
"The National Assembly discussed that there was a need for solid evidence to decide whether to declare war, so it was planned to send an investigation team to verify the situation first. ”
"Great, war won't break out for a while, that's good news!" Sarah raised her fist excitedly, "Just go outside the exchange and shout, it will definitely change the wait-and-see attitude of many people." ”
"Come back!" Ji Aojian shouted to the secretary who was about to leave.
"What's the matter, Mr. Guillev. Puzzled, Sarah asked, "Haven't I gotten off work yet?"
"If you want your assassination to be published in the newspapers tomorrow, go ahead and shout. ”
"You're right. Sarah broke out in a cold sweat, "In such a delicate situation, the release of key news that changes market expectations is too hateful, and there will definitely be angry people who pull me back." ”
"It's good to get it. Ji Aojian said casually, "You just go find a few homeless people on the street, stuff a few dozen dollars at random, and let them shout." ”
"And after that?"
"Of course, let them run away as soon as they finish shouting, there are so many beggars in New York, who can find them?"
After the closing time had passed, Sarah finally ran back in high spirits this time.
"Mr. Gilreve, our stock price has risen back to seventy dollars!"
"Yes, yes, you don't have to worry about your house being taken away, you don't have to sleep on the streets tonight. ”
"As soon as the news from Washington came out, the stock price stopped falling from about $10. Sarah's eyebrows fluttered, "I heard that Mr. Drew had a heart attack on the spot and was taken to the hospital. Mr. Little also began to close his position after the stock price rose to $50, and he must have overdrawn too much from short selling, and he couldn't buy it back. ”
"Can he buy it back?"
"We can't keep up with the speed of the stock price recovery, and the higher the stock price rises, the more people will want to sell. Sarah said beamingly, "I think as soon as the market opens tomorrow, our stock price will be back above $100." ”
Ji Aojian nodded, "Yes, we are a physical enterprise, no matter how short we sell, it is impossible to bury our value." ”
"There's a classic saying on Wall Street, don't sell what you don't have. Sarah said with emotion, "Since there was an exchange, all the gentlemen who shorted did not end up well." ”
"Short selling is just a means of amplifying leverage. Ji Aojian looked at her, "Just like when you mortgage your house to buy stocks, it is also to amplify leverage, and at the same time, you magnify your own risk." ”
"I've made enough money and I'm never going to buy stocks again. ”
Ninety-nine out of a hundred people who say this cannot do it. ”
Sarah was unconvinced, "Mr. Gilref, I mean what I mean. ”
"In that case, I'll tell you something. Ji Aojian said slowly, "Washington's Congress is not so efficient, and the proposal to declare war has not yet been discussed." ”
"Huh?" said Sarah, dumbfounded, "Did you just tell me fake news?"
"You should know that as a successful Wall Street broker, it's essential to learn to spread market rumors in your favor. ”
"But what about tomorrow, someone will definitely contact Washington today to verify the authenticity of the news. ”
"It's okay. Ji Aojian said in a very affirmative tone, "Now that the market has sobered up, even if Washington really declares war on Mexico tomorrow, the value of our railways will not be ignored." ”
"But ......"
Ji Aojian interrupted her, "I have a stock review article here, which discusses in detail the investment prospects of the transcontinental railway. ”
"Huh?"
"You go to the major newspapers and tell each one of them that we are willing to pay for 10 full-page advertisements and ask them to send them out as featured articles. Ji Aojian stretched, "I hope that tomorrow morning, I can see this article in the top five newspapers in New York by circulation." (To be continued......)