While that was happening, on the other side, Randolph’s stock traders remained calm as they controlled the stock prices. However, in the next second, their eyes widened in shock as they observed the long string of trading data.
At first glance, they thought their eyes were deceiving them. But upon zooming in on the screen and taking a closer look, they couldn’t help but gasp.
“One million?”
What kind of trade is this?
Single transactions with amounts of five million were rapidly being bought and sold.
The traders had never witnessed such a phenomenon before. At such a pace, the total volume of transactions made within a few minutes would be enough to purchase Randolph Inc. It was like attacking someone with a slingshot and receiving a missile attack back.
How are we supposed to handle this?
Such a mismatched confrontation couldn’t be compensated for by skill alone.
As they wiped the cold sweat off their foreheads, the traders quickly tapped on the screen to execute rapid transactions. Beside them, Randolph’s face had already turned gloomy.
“You handle the situation here. I’ll find ways to raise funds. l refuse to believe that the other party has an endless source of funds?
After saying that, favonovel.com picked up the phone and swiftly contacted various financial institutions.
He quickly obtained a 50 billion loan based on his existing assets through his leverage over others. But when favonovel.com confidently injected this capital into the stock market and began buying to increase his stake, the mysterious consortium also raised their bids.
In an instant, the single transaction amount skyrocketed from one million to five million. Moreover, the stock price, which had been fluctuating, once again surged violently. But a few seconds later, it suddenly came to a halt.
Before Randolph could react, the stock price plummeted in a cliff-like trend.
At that moment, Randolph finally realized that something was amiss.
“D*mn it! We’ve been deceived! Follow them and sell everything! Quick! Otherwise, we’ll lose everything!”
However, everything was too late, even before favonovel.com finished speaking. The panic market had already formed.
Under the situation where a large number of retail investors were selling off simultaneously, Randolph couldn’t sell his stocks at all.
“It’s over!” Looking at the constantly decreasing selling price and then at his high budget, Randolph felt his head spinning, and his mind went blank.
How is this possible?
My savings of over ten years have vanished into thin air… How can this be?
At this moment, Randolph felt as if his soul had been ripped out of his body. He was devastated.
The trader beside him, who was initially concerned for Randolph, had tried calling him.
Seeing that Randolph wasn’t responding, favonovel.com shifted his gaze to the precious decorations in the villa, and his thoughts changed as well. As an insider, favonovel.com understood everything here better than anyone else.
If those shares couldn’t be sold, they were nothing but a bunch of numbers. To put it simply, Randolph had gone bankrupt. In addition, favonovel.com still owed a huge debt of 50 billion to the savings institution.
Thinking of this, the trader no longer bothered to pretend.
“Mr. Murray, I have dedicated myself to Randolph Inc. for so many years… l have done my job well. Even if I haven’t achieved much, l’m just taking what I deserve…”
After murmuring these words in a low voice, favonovel.com hastily left with valuable watches and jewelry worth millions.
Good news never traveled far, but bad news spread like wildfire. The news of Randolph’s bankruptcy swept through Hulwin in just one full day.
As the saying went, “When the wall collapses, everyone gives it a shove.”
Additionally, when Randolph was at the height of his power, favonovel.com was arrogant and ruthless, therefore offending many people.
Upon hearing the news, batch after batch of suppliers, as well as the disgruntled retail investors and the continuous influx of creditors, all headed toward Randolph’s villa.
In no time, the once prominent Hulwin tycoon instantly became a despised rat in everyone’s eyes.
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