Hardy Empire 1945
Chapter 103: : Wall Street is the biggest gold mine
Looking at the "wolf of Wall Street" back then, Hardy admired Jordan's operations. They mainly targeted junk small and micro stocks, packaged exaggerated publicity, and fooled retail investors to buy stocks.
For example, the so-called "U.S. Future Communications Leadership" in the movie is actually a workshop that is not much better than a cottage on a remote rural road.
When they sell stocks by fooling around, the stock price will rise quickly, creating a false impression and attracting more investors' money.
When the stock reaches a high point, they will start to sell and make large profits from it, and those retail investors who buy at a high price will be locked up.
In fact, this kind of operation is definitely a means of financial fraud. If it is verified by the regulatory authorities, it will definitely be sent to prison, but now it is 1946, and transactions are still done with paper, pen and telephone. There is no way to supervise communications, supervise accounts and accounts. assets.
Due to technical limitations, the regulatory authorities lack effective regulatory measures, and the relevant laws and regulations are not perfect. As long as the operation is not too rough, there is no way to verify it.
In fact, this was still the case in the United States until the 1970s and 1980s, and even in modern times, this kind of operation is not uncommon.
Even in the new century, transactions are completed by supercomputers, all kinds of data are retained, various laws and regulations, supervision measures are complete, and even telephone calls are monitored, but some people are still playing the game of manipulating stock prices.
The Walsh Mining in Hardy's hands happens to be this kind of junk small and micro stocks, and he is also an absolute major shareholder, making it easier to operate.
"Andy, this matter is left to you, is the 200,000 funds in the account enough?" Hardy smiled.
"Hehe, enough."
Andy asked the personnel of the security company to open a batch of new accounts. He didn't use the ones that Hardy had used before because there were traces of operations inside.
A total of 60 new accounts were opened.
Only three or four thousand dollars are put in each account.
Andy did not rush to buy stocks, because Walsh Mining's current value is too low, it is possible to invest a few thousand yuan to raise the stock price.
Two days later.
Walsh Mining released its quarterly earnings report.
The financial report shows that
In the last three months, Walsh Mining’s income was zero, and its debts increased by 110,000, which was used for wages and other expenses, and the company’s liabilities increased to 346,000.
Originally, Walsh Mining was a junk stock among junk stocks. It had no investment value. The stock price remained at around $0.03. The reason why there are still holders is because the price is too low. People hope that he can have good news and the stock price can go up. Grow a long.
Unexpectedly, the new financial report shows that the company is still rubbish, and there is almost no prospect of appreciation.
With the release of this company's financial report, many investors have become increasingly disappointed in Walsh Mining.
Some people originally considered buying the bottom, and investing a few thousand dollars is not too much, but they didn't expect Walsh Mining to be a bottomless pit.
"I think this garbage company will be delisted sooner or later, so it's better to cut it off and leave the market earlier, or else it will lose everything."
"I don't think it is necessary to hold it anymore. I am going to sell it."
As investors lost confidence in Walsh Mining again, Walsh Mining's stock price fell again, from 0.03 US dollars to 0.02, there were a large number of sell orders, and people wanted to clear this junk stock as soon as possible.
At this time Andy took the shot and began to acquire the circulating shares of Walsh Mining.
He will accept it if anyone sells it.
In this way, the stock price abruptly pulled to 3 cents.
However, many people are still not optimistic about the future of the company. Many people laughed and said: "Maybe the major shareholders bought it themselves. It is probably the last struggle, ha ha."
"We can't jump down this pit anymore."
A few days later, the stock price of Walsh Mining has stabilized. After all, his value is small, and there are still people who are willing to take it and hope to see him rise one day.
But at this moment, an analytical article was published in a financial newspaper, in which Wash Mining was completely removed.
Walsh Mining is headquartered in San Francisco. Except for one headquarters, there are almost no profitable projects. Now the only foreign investment is the land that New Mexico is buying, but the facts have proved that there is no mineral vein there, and it is simply a wasteland.
Some people even say that Walsh Mining may be forced to delist, when the stock price will be lower, and shareholders will lose their money.
All of a sudden.
Those who were still on the sidelines couldn't sit still, and reluctantly cut their meat. The stock price of Wash Mining fell again and a large number of selling orders appeared.
With this opportunity, Andy ate a lot again.
In just one week, he used dozens of accounts to absorb 80% of Walsh Mining's outstanding shares.
The stock price remained at around three cents.
And just when people thought that Walsh Mining was so immortal, a week later, an advertisement was published in the New York Times, the largest newspaper in the United States.
The photo is a beautiful glass bottle, like a later generation of Baisuishan mineral water bottle, with Rocky Mountain patterns and trademarks printed on it.
"Rocky Mountain Mineral Water."
"Rocky Mountain mineral water has a PH value of 7.3±0.5. It is weakly alkaline and has a natural taste. The Rocky Mountain glaciers melted for thousands of years and the mountains were nurtured for thousands of years. It contains potassium, calcium, sodium, magnesium, metasilicic acid and other minerals needed by the human body. Ions and trace elements, natural and pure, with a sweet taste, are the top-quality mineral water that is good for health and suitable for long-term drinking by the human body."
"Rocky Mountain Spring, a bit sweet, a healthy new life, starting with Rocky Mountain mineral water!"
"Our company will launch two kinds of drinks, mineral water and sparkling water, to improve the quality of your life."
There are a lot of advertisements in newspapers. People don’t pay too much attention to it. They just think that the mineral water is relatively tall.
What mineral ions, what trace elements, these are still new terms to people in the 1940s, and they are very bluffing.
Hans is an editor of a newspaper and he often trades in stocks. He didn't care too much after reading the advertisement, but was stunned when he accidentally saw the mineral water company.
Rocky Mountain Mineral Water’s company is marked with two names, one is Meibao Mineral Water Company, and the other is Walsh Mining.
How is this going,
Why did Walsh Mining start a mineral water business again?
When he was curious, he called and inquired about the commercial management department and found that this mineral water company did have shares in Walsh Mining. Walsh Mining accounted for 20%. The registration time was a few days ago.
After discovering the Rocky Mountains and waters, Hardy called Mike. This land was Hardy’s site. Mike felt that it could not be used in vain. The two negotiated. It is better to establish a brand independently for various mineral spring companies.
This mineral water plant in the Rocky Mountains is called Rocky Mountain Mineral Water. A separate company was established. Hardy and Mike each accounted for 40%, while Walsh Mining produced land and water resources, which accounted for 20% of the shares.
If mineral water resources are found in other places in the future, resource costs will also be calculated according to the situation. If the mineral water company purchases them, the two will each account for 50%.
The official contract was only brought from New York a few days before, Hardy signed it into effect, and Andy took the time very delicately.
Hans was not the only one who discovered this. A few days later, a financial newspaper reported the incident.
"On the piece of land purchased by Walsh Mining in New Mexico, no mineral veins were found, but a large amount of high-quality water resources were found. The Mineral Water Company found that the mineral water here is very high-quality, and reached a cooperation agreement with Walsh Mining."
"In the agreement, Walsh Mining invested in land and water resources and accounted for 20% of the mineral water company. According to the person in charge of the mineral water company, this mineral water company is preparing to build a large-scale enterprise with an annual output of 50,000 tons of mineral water."
"The reporter roughly calculated that if the mineral water company's sales performance is good, with a sales volume of 50,000 tons per year, the profit can reach one million US dollars. That is to say, Wash Mining can be divided into 200,000 US dollars each year, and it will be divided every year. Incremental."
"Before, Walsh Mining was a complete junk stock. They spent a lot of money to buy a large area of land, but did not find any mineral veins. The investment was squandered. But now they seem to have discovered alternative mineral veins. Water resources will become a continuous source of their company. Source of income, all investments can be recovered in one year, and countless years will be gained in the future."
"Now Walsh Mining can get rid of the category of junk stocks."
As soon as the report came out, many people immediately paid attention to the Walsh Mining stock.
"Wash Mining has come back from the dead. It has found such a way to make money. The copper mine and iron ore were not found, but mineral water was found."
"Half a month ago, their financial report also said that last quarter's income was zero and debt increased. Is this news true?"
"Someone has already verified it, and the situation is true."
"Why didn't the earnings report show up before? I only reported it after I sold the stock. It's really disgusting."
"This is also normal. The financial report only reports the income and expenditure of the previous quarter, and the cooperation agreement was completed recently. It may take a long time for the income of the mineral water company to come. In recent months, the financial report of Walsh Mining is estimated to be still zero. ."
"I regret it, Walsh Mining has sold early, and now that there is a stable way to make money, the stock price of Walsh Mining will definitely rise sharply."
"Then what are you waiting for, go buy it!"
Countless people began to enter the stock market and placed orders to buy Walsh Mining stocks, but they discovered that Walsh Mining stocks were not listed.
No one is a fool.
Knowing that Walsh Mining is bound to surge in the future, how can it be sold?
And most of the outstanding shares are held in Andy's hands. He sits firmly on the Diaoyutai, so how can he ship casually.
that's all.
Walsh Mining’s stock price began to soar, rising from $0.03 all the way, breaking through one cent, two cents, three cents....
In just a few days, the price climbed to $0.55 per share. At this price, the stock price began to calm down. After all, it was just good news. No actual benefits have been seen. The mineral water company has not been established yet, and there is no real profit. Who knows how much money can be made.
But even so, it has soared 18 times from the lowest price.
Many people have turned over their profits.
After all, there are still some outstanding shares on the market. Someone bought Walsh Mining stock for $1,000 before ~www.wuxiaspot.com~ and it has now become 18,000 yuan.
of course,
Hardy is the one who makes the most money.
He has 75% of the shares and 80% of the outstanding shares, which is equivalent to holding 92.5% of the shares. Now the stock price has soared 18 times, and the value of Walsh Mining's shares in his hand has soared to 5 million.
After reading the data, Hardy showed a comfortable smile on his face. It was so easy to make money with Andy as a financial expert.
In his previous life, he heard a saying that the world's largest gold mine is insignificant in front of Wall Street, and Wall Street is the world's largest gold mine.
"Andy, are you going to sell the circulating shares for cash next?" Hardy asked.
Andy shook his head, "Wash Mining still has a lot of room to operate. If you need money, I can help you find a bank loan for the shares you hold. It is easy to lend two or three million."
"Okay, then help me borrow 1 million first."
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