1928: The rise of giant merchants
Chapter 346: Penny Stock Salesman
Everyone was stunned and walked to the window one after another, and then everyone was very surprised!
"You are willing to believe me. First, you know what I said, Xuenong, and in your opinion, it is extremely reasonable, because it is false and true, and I mixed a lot of information. Second, because Heyou It’s me who’s chatting. Although I say my name is Jack, what you see in your eyes and think in your heart is that the person opposite is the second young master from Shanghai. He has far more funds than you think. It’s not impossible to have such a stock channel. .”
Ye Luo raised his eyebrows and chuckled,
"Do you understand? Teaching students in accordance with their aptitude and prescribing the right medicine is the secret of marketing."
"If I were Huixin, I would sell you this, would you listen?" Ye Luo looked at the beautiful pregnant woman.
Huixin shook her head.
She neither understands nor is interested in these.
What she is interested in is naturally cosmetics, clothes, bags, and things that women in upper class like and that are popular in the group.
Women are all the same in nature.
"In order to attract female customers to enter the stock market, we need to set up special 'ladies-only rooms' and beauty salons with simple equipment to suit their interests and preferences. Lipstick, clothes, bags, beauty. Pick the things they are interested in, such as New lipstick companies, handbag companies, etc. There are all kinds of penny stocks like this, and on Amex, you can find everything you want.”
Ye Luo said, following the same pattern, he fooled Hui Xin again.
At this time, these Chinese workers finally understood what the second young master was going to do.
Situ Feifei on the side looked at it with great interest, but always felt that something was not right. Thinking about it carefully, isn't this just using the information gap to cut off the stockholders?
Would a normal person buy a 3-cent junk stock?
Where can it be so easy to go up to 5 cents?
"The largest exchange in the United States is the New York Stock Exchange, and there are thousands of stocks available for purchase. It is very difficult for retail investors to access them, you have to understand, generally only through the stock promotion manager. And as I said, today's red Under the booming stock market, the most indispensable thing is securities investment companies. But they basically don’t care about the stocks on Amex.”
"What is Amex?" Situ Feifei couldn't help but ask.
"The full name of AIMEX is the American Stock Exchange. It was founded in 1921. The address of the exchange is at 86 New York City, New York. It mainly trades companies that cannot be listed on the New York Stock Exchange. Listed on the New York Stock Exchange Mainly for large enterprises, the listing conditions are very strict. For small and medium-sized enterprises with small capital and not well-known companies, the New York Stock Exchange is not suitable for them."
"99% of employers in the United States are small and medium-sized enterprises, which provide 75% of employment opportunities and represent 96% of exporters. It can be said that small and medium-sized enterprises are the basis for the survival of the U.S. economy."
"As Xuenong said just now, he can't afford stocks listed on the New York Stock Exchange, but in fact most investors can't afford them. Amax is an exchange suitable for these customers."
"There is actually such a place." Situ Feifei was dumbfounded.
Ye Luo looked at her with a smile: "Feifei, you have had no worries about food and clothing since you were young, and your family is well off. It is naturally difficult for you to come into contact with such low-level things. Whether it is the Republic of China or the United States, today's information dissemination channels still only have newspapers and magazines, and the busy public I have passed by a lot of things without knowing it. If the U.S. stock market had not become so popular, many people would not be able to get involved in this industry at all.”
This was the case in the Republic of China in 1920.
Not long after the Shanghai Stock Exchange opened, most people didn’t care or care.
Who are the people trading stocks there?
Children of wealthy families, officials and celebrities from all walks of life.
The principal was a famous leek in the stock market of the Republic of China, and he paid tuition three times.
The financial industry is a harvester targeting one leek market after another. There is always a scam that is suitable for you.
Aren’t the financial products, futures, and funds that gradually appeared in later generations all cutting leeks in different ways?
There are also products such as Xinbao and Xinxin that are extremely popular in later generations. They started to engage in mobile payment, XX Bao and other products with extremely high interest rates, far exceeding those of banks, and even comparable to fixed deposit products of banks. Who doesn’t like them?
But a few years later, I suddenly told you that there is a handling fee for withdrawing money, and the handling fee is not low.
Are you at a loss?
Many people think that the handling fee is not something they care about.
Because they don’t have much money in the first place, they can put a few tens of thousands in it at most, and it doesn’t hurt to pay a fee to take it out.
But there is always a group of people who initially put in hundreds of thousands, millions, or even tens of millions when they saw such a high interest rate return.
At that time, a large amount of funds had been stuck in a certain treasure, and when making large purchases, bank card transactions may have been designated, which was inconvenient.
Could it be that you have spent all these tens of millions of dollars just by ordering takeaways?
Maybe there will be a policy in the future that requires merchants to rebate when using unofficial mobile payment methods. In this way, merchants will not be happy for you to use this payment method, just like credit card payment has been eliminated in small stores.
Your funds will become increasingly illiquid.
As long as these mobile payment software display a number to you on the app, they will successfully take your funds and do something.
Earn money for nothing.
What?
You said you can access it at any time.
The question is, among 10,000 depositors, how many will deposit all and withdraw all?
Most people always have too much money.
A little adds up to a lot.
Only these capitalists understand that money has its true value only when it circulates, otherwise it is no different from the waste paper that wipes the butt.
"I will pay you 30% commission for the stocks you sell." Ye Luo smiled.
Everyone immediately became interested.
Normal stock promotion managers only get a 1% commission, but they actually get a terrifying 30%.
Liu Xuenong realized.
Most of the penny stocks mentioned by the second young master are junk stocks, stocks that no one cares about at all.
The giant crocodiles on the huge U.S. stock market want to gnaw away the U.S. stock investors from beginning to end, except for the huge group of people at the bottom.
Since it was a foreign country, Ye Luo didn't mind harvesting these people.
After all, wasn’t Hoover the one to take the blame?
"It's so scary." Situ Feifei realized what Ye Luo was thinking.
No wonder this guy didn’t open a company in Ye’s name!
He wanted to use Hongmen's connections to open companies, and then divided them into 27 companies. In the middle and later stages, he would definitely transfer all those companies.
Transfer to whom?
Situ Feifei thought of those enemies in the Republic of China.
"Work hard, all the information and things you need are here. I said, you can make a year's worth of money in one day, it's not just nonsense." Ye Luo looked at them, and then focused on Huixin, " What I said before is still valid. If you stay, Huixin, I can temporarily reimburse you for medical expenses and so on. But I need you to make a name for yourself in the female market."
"Are you willing, Huixin?"
"I do, Second Young Master!"
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