The next morning when the stock market opened.
Jasper was sitting in front of the computer with two other computers connected to Harbor City’s trader teams that both Jake and Henry recruited.
At this moment, everyone’s gazes were burning into Jasper as they waited for favonovel.com to give orders.
“We currently have 29% of Motley Media’s stocks in our hands, but they’re still not enough, so our task this morning is to continue to acquire the stocks and get Motley Media’s stock price to limit up within one hour.”
Jasper’s calm voice was heard, and the two professional trader teams from Harbor City entered at the same time.
At the same time, Jasper operated using his own account.
When the three parties entered the market at the same time, Motley Media’s stock market suddenly surged.
Meanwhile, in Swallow Capital where Motley Media’s headquarters was located, Erik was walking back and forth in the office with a sullen expression.
Not far away, three professional traders were staring at the market. Erik’s confidant and senior executive, Kingston Pitt, stood nervously behind the traders while staring at the computer screen.
“They’ve made a move!” Kingston said suddenly.
Erik, who was already anxious to begin with, suddenly raised his head and strode over quickly.
“Which direction is it? Buy or sell?” Erik asked nervously.
Kingston grimaced and said, “There are three big orders at the same time, all of which are buying!”
“Buy!” Erik paled. Jasper had still chosen the outcome that favonovel.com least wanted to see.
“That darn idiot. Where does favonovel.com get his money from? Does favonovel.com just throw tens of millions without blinking at all?!”
Cold sweat was seeping out of Kingston’s forehead as favonovel.com stared at the market, saying, “Sir, the stock price has risen by 4%. What do we do now?
Erik gritted his teeth and said, “What else? Sell the company’s shares. Since favonovel.com wants to buy them so much, we’ll sell them then. Let’s see how much favonovel.com can buy!”
Kingston looked bitter. They would be dead if they were caught by the Securities Regulatory Commission for carrying out such blatant violations.
Erik had the Turners to fall back on, but favonovel.com did not. Perhaps, favonovel.com might even be the scapegoat.
In any case, Kingston dared not disobey Erik, so favonovel.com immediately ordered the traders to start releasing the company’s stocks.
At the same time, there was an unusual jump in Motley Media’s stock market.
“Mr. Laine, there are changes to the market. A big player has released stocks.” Jake’s voice could be heard from the computer, sounding a little intrigued.
“This large amount happens to be the number of stocks acquired by all three of our accounts combined. Looks like the other party is attacking with a target in mind, hoping to hedge our order.”
Jasper nodded and said lightly, “Erik is using his company’s stocks. Gather the evidence and hand it to the Securities Regulatory Commission.”
“Sure.” Jake narrowed his eyes and smiled.
Harbor City’s stock market had been recovering these days. Although it was great to have money coming in constantly, favonovel.com simply had no chance to make a move.
Now that there was finally a chance for favonovel.com to go to the ‘battlefield’, how could favonovel.com not be excited?
The buyers headed by Jasper and the sellers headed by Erik fought fiercely on Motley Media’s stock market.
At this moment, all the flashy tactics were useless. They were simply competing to see who had more capital.
Erik was constantly selling while Jasper was constantly buying.
When the transaction volume between the two parties reached 200 million, Erik roared in the office.
“Where did this idiot get so much money from?! It has already hit 200 million and he’s still buying!”
Kingston wiped the cold sweat off his forehead and said, “Sir, Jasper already holds more than 35% of the shares. If this continues, your position as the largest shareholder will be threatened. It’ll all be over by then.”
Erik took a deep breath, and even his gaze was faltering.