Rows of towering skyscrapers could not block the piercing sunlight above Manhattan.
Harry Sinir held a copy of the "Antic City Post" in his hands, standing at the entrance of the NYSE, but ultimately, Harry Sinir did not muster up the courage to go inside.
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It wasn''t because he hadn''t been able to borrow money, which made him certain of his defeat today, but because of an article in the "Antic City Post."
The article detailed the reasons why Donnie Block had shorted the Sinir Oil Corporation.
A righteous reason, one that, after the short selling battle of these past few days, was enough to make all retail investors frantically sell off the Sinir Oil Corporation stock, a reason that Harry Sinir knew of, but had never anticipated!
It turned out that the "Antic City Post" published a piece about a very significant project of the Sinir Oil Corporation.
That was the oil field belonging to Sinir Oil Corporation, the Teapot Dome oil field!
At first nce of the article, Harry Sinir got a shock, thinking Donnie had exposed the insider information of him obtaining the contracting rights to the Teapot Dome oil field.
But after reading the full article, he realized it was worse than if they had just reported on his illicit contracting of the Teapot Dome oil field!
In this report, the "Antic City Post" insinuated that Sinir Oil Corporation had spent a huge price to get the contracting rights to the Teapot Dome oil field!
Having spent a great deal, for Sinir Oil Corporation, meant they needed to develop the Teapot Dome oil field in the shortest time possible to generate profits for thepany.
In the course of this process, Sinir Oil Corporation encountered problems constructing the Teapot Dome oil field; equipment couldn''t be transported in, and crude oil couldn''t be shipped out—the reasons...
Those in the know, naturally, were aware that this was Donnie''s deliberate doing, but for the clueless masses who didn''t even know the Teapot Dome oil field had been contracted out, it was an unknown reason to everyone!
The entire article used a subtle and indirect style, emphasizing the difficulties of constructing the Teapot Dome oil field, even adopting a technique of angled photography to capture pictures of the Sinir Oil transport convoy stuck on the road.
Alright!
With pictures, with content, everything was now set in stone!
In reality, this report was full of holes, and any diligent person could find many ws with a careful analysis. However, due to Donnie''s continuous groundwork beforehand...
Who had the mood to care about loopholes?
As the gong sounded in the trading hall, the NYSE opened!
For the first time after the opening bell rang in the NYSE trading hall, it did not immediately enter a trading state. Everyone was looking at Jesse Livermore''s seat, and as soon as the news of selling Sinir Oil Corporation stock came from Jesse Livermore''s trading seat, everyone instantly entered a frenzied state.
In a bull stock market, the theme at NYSE today was nheless selling, continuous selling, and what was being sold was the same stock.
The Sinir Oil Corporation stock!
In the first minute of trading, Sinir Oil Corporation''s stock price dropped from yesterday afternoon''s closing price of 53 cents to 52 cents, then 51 cents, 50 cents, 49 cents...@@novelbin@@
Hein Howell was not in Morgan''s office today but at Morgan''s trading seat. When he saw Sinir Oil Corporation''s stock price plummeting like a rollercoaster, Hein Howell gave up all struggle.
Actually, by this time, he also knew that struggling was useless!
Sinir Oil Corporation stock would be recorded in the history of Wall Street as the first, not due topany operations or environmental impacts, but a man-made copse!
At this moment, let alone Harry Sinir failing to raise the funds, even if he had raised the money and entered the vast ocean of today''s market, he probably wouldn''t stir up a single ssh.
Inside the trading hall, all the stockbrokers were busy with their tasks, while asionally ncing at Jesse Livermore.
Although by this time everyone knew that Donnie Block was the one who shorted Sinir Oil Corporation, as the maniptor behind this war, Jesse Livermore would wear the crown of Wall Street''s master trader... It was bestowed upon him by others, not imed by himself!
From now on, Jesse Livermore would be a living legend of Wall Street, receiving the admiration of every trader!
In Manhattan Square, a despondent Harry Sinir sat on a bench, surrounded by theidback crowd that''s rare to see in Manhattan—some feeding pigeons, some performing music, and some just sitting there resting.
Amid the hustle and bustle of Wall Street, these people seemed to be in a world apart.
Harry Sinir didn''t know why he ended up here. He just wanted to find a quiet ce for his tense nerves during this period.
An hourter, Harry Sinir stood up, expressionless.
He returned to the hotel where he was staying.
"Boss, where have you been? Thepany''s stock has already dropped to 41 cents. Antic City Broadcast predicts that by the close this morning, the stock price will fall below the 40-cent mark. Thepany''s ountant estimates that if we don''t have corresponding measures, the stock price could very likely plummet below 30 cents a share today!"