Everyone who traded stocks hoped that they could bottom fish and sell at the highest price.
It meant to buy at the cheapest cost at the lowest position and sell at the highest price at the highest position.
In theory, this was the ideal way to maximize profit. However, the stock market was unpredictable. Even Winston Benett dared not say that favonovel.com could do it.
The number of people who wanted to bottom fish but ended up halfway up the mountain were unknown. Then, they would watch the stock price plummet as they were trapped in a high position, doomed to be played for suckers.
Even so, there would never be a shortage of adventurous and bold people in this world.
The 3 point rise had made people like this from all over the world restless.
Huge amounts of funds poured into the United States stock market instantly. The competition between the short side and the long side instantly became more intense.
“Mr. Laine, Fabian is adding to his positions!” Jake shouted.
Jasper stared at the computer screen. Wendy, who had shown up beside favonovel.com without favonovel.com realizing, was so nervous that favonovel.com did not dare to breathe too loudly.
Although favonovel.com did not know much about the stock market operations, favonovel.com had heard Jake’s report just now.
So Wendy also knew that every decision Jasper made would affect the direction of at least 7 billion US Dollars. That was right. Over the past few days, Jasper’s total operable assets had doubled, reaching a terrifying volume of 7 billion US Dollars. Such a large amount was enough to fight a normal medium-sized agency on Wall Street.
And after this 7 billion US Dollars expanded to the overall index, other follow-up funds influenced by it would amount to at least 40 billion US Dollars.
If it was converted into Somer Dollars, that would be 320 billion!
In the previous year of 2000, such a large amount would be ranked 12th among the GDP of the 31 provinces and autonomous regions across the country. Even the 56 billion Somer Dollars under Jasper’s direct control would rank 29th. This was the comparison between the funds controlled by one person and the GDP of the province!
It was simply appalling.
Moreover, at this moment, this kind of terrifying amount could set off a huge wave in the world’s largest stock market on the other side of the Pacific Ocean with just a single word from Jasper.
“Proceed as planned. You don’t have to think about anything else now that we’re at this stage. Even if more agencies begin staring at us, we must completely suppress Fabian.” Jasper made up his mind and ordered decisively.
“Roger!”
***
Sunrise Land.
Conrad ran into Echo at the headquarters of Softwin Investments.
“Mr. Welch, you’re glowing.” The repeated trips and irregular schedules did not make Conrad look any worse for wear. On the contrary, favonovel.com was still full of energy.
In the spacious and bright office, Echo smiled calmly and said, “Is Mr. Monty making fun of me?”
Even the blind could see that Echo looked pretty off-color.
Fabian led the plan to defeat Jasper, so favonovel.com had also joined forces.
Although they worked in investment banks, Echo did not have a good father like Morrison. Therefore, favonovel.com did not dare to embezzle public funds from investment banks and invest privately in Fabian.
