Chapter 801: 274, Breton Bank’s stocks are selling like crazy_3
At this time, Donnie was on the phone discussing with a major shareholder of Breton Bank about the acquisition of the bank’s stocks he held.
“Donnie, the price you have offered is indeed very fair, and I believe what you have said, but Breton Bank’s business isn’t limited to Atlantic City, its foundation is in New York. Currently, Breton Bank’s business in New York is doing very well, and I believe under such circumstances, Breton Bank will continue to develop well.”
Moreover, our family and Dick’s family have experienced the growth of Breton Bank from nothing, so I am very sorry, I cannot accept your proposal!”
A noticeably slow voice came from the other end of the phone.
Donnie shook his head: “Alright, but Hill, I hope you understand, you will definitely be disappointed by your decision in the future!”
Hill answered: “I still trust my own judgment more!”
Donnie hung up the call and looked at Fei Jackson sitting across from him.
Fei Jackson said: “The other shareholders of Breton Bank feel the same as Hill, they also do not wish to sell their shares of Breton Bank!”
Donnie chuckled, “As expected, if it weren’t for such a result, all our previous plans would have been in vain!”
Fei Jackson asked Donnie: “So dear boss, can we now start our next plan? Breton Bank’s stocks on Wall Street are now priceless and still rising!”
Donnie tapped on the table and nodded: “Tell Jesse Livermore to start the operation!”
Fei Jackson nodded: “Understood!”
As the news of Donnie wanting to acquire Breton Bank fermented on Wall Street, Breton Bank’s stocks were now hard to come by, and everyone was just looking to see if someone would sell shares of Breton Bank, then regardless of the price, just to buy them!
Luther Brine was such a stockbroker.
He had just arrived at the NYSE today, first chatted with his surrounding friends for a while about the recent market trends, and then made some assessments about today’s stock market.
However, what they talked about the most was still about the stocks of Breton Bank and Sinclair Oil.
They wanted to buy more shares of these two companies, but precisely these companies’ stocks were not being sold by anyone at this time.
This made them very helpless. ɪꜰ ʏᴏᴜ ᴡᴀɴᴛ ᴛᴏ ʀᴇᴀᴅ ᴍᴏʀᴇ ᴄʜᴀᴘᴛᴇʀs, ᴘʟᴇᴀsᴇ ᴠɪsɪᴛ Novᴇ(l)Fɪre .ɴᴇt
Soon, as the bell rang, everyone immediately began to busy themselves.
Luther Brine discovered something surprising; someone had started to sell small amounts of Breton Bank’s stocks.
This situation immediately drew considerable attention, and due to Luther Brine’s slow actions, the shares of Breton Bank that had just been sold were bought by others!
This annoyed Luther Brine a lot.
However, this annoyance didn’t last long, because soon, Breton Bank’s stocks were released again.
This time Luther Brine didn’t hesitate at all and directly bought them, eventually securing these shares of Breton Bank for himself.
But as time went by, Luther Brine began to notice something wrong, because the amount of Breton Bank’s stocks being sold today far exceeded previous occasions, which was not normal!
Luther Brine started hesitating again, thinking that there must be something unusual happening!
However, Luther Brine’s worries were not shared by everyone, because under the current circumstances, when Breton Bank’s stocks were sold, they would be immediately picked up by others.
If Luther Brine hesitated even a bit, those shares would be bought by others.
At this time everyone seemed crazy, absolutely not considering any consequences, just frantically buying; if there were sellers, there would be buyers, and so-called considerations didn’t exist.
This kind of atmosphere at the scene affected Luther Brine’s judgment.
Soon, his so-called worries were overwhelmed by the pressing emotions of the scene, and he also joined the queue to buy shares of Breton Bank.
This situation continued until the NYSE closed at noon.
At this time, everyone had the mood to sit down and review what had happened that morning.
That’s when more people started to think like Luther Brine.
What does this unusual behavior signify?
But no matter how they guessed, they couldn’t figure out the answer. When people familiar with each other sat down to have lunch, they concluded that perhaps the situation wouldn’t be the same in the afternoon, but also suggested that if it were still the same, they needed to calmly analyze the situation.
But really, by the time trading resumed in the afternoon, when Breton Bank’s stocks were released again, they still couldn’t stabilize their emotions.
The so-called calm analysis was just a fleeting moment, as they were still affected by the frenzy of buying at the scene.
Once again, when the NYSE closed in the afternoon, many people collapsed in their chairs, unsure of the transaction volume of the day, but certain that today’s trading volume had definitely created the largest trading volume in the NYSE for quite some time.
Because today, the stocks of Breton Bank had been crazily sold like they were possessed.
“What if, I’m just saying if, if Donnie gave up on acquiring Breton Bank, what would happen to the stock prices of Breton Bank?”
Finally, someone voiced their concerns.
“Don’t worry, that won’t happen!” someone asserted confidently: “As long as Donnie wants to establish his own New Jersey Consortium, he won’t give up on acquiring Breton Bank!”
Everyone nodded, not sure if they were reassuring themselves or were certain of such a thing.
It was at this moment that many people suddenly learned of one of Donnie’s decisions through ABC’s evening news…