Texas Oil Company is an old oil company in the United States, it was originally called Texas Fuel Company, yes, it is a fuel company, because in the beginning, oil had only one use in the United States, and that was to replace whale oil for lighting.

In the mid-19th century, when large-scale oil fields were discovered in Texas, the early Texas Oil Company was founded, but at first it was a small fight, and it was not until the early 20th century, when the company began to acquire large oil fields in Sour Lake, that the company's growth was out of control.

Adair bought Texas Oil Co. stock a week ago, when the company's stock price was $89.27 per share, and now, the same company's stock price has soared to $137.49.

Adair bought the company's stock because of Mobil Oil's business strategy to advance into Texas.

At present, Texas' oil industry is in a new round of consolidation, and the rapid expansion of Texas natural gas companies in Texas has triggered a rebound from oil majors across the United States. Just two weeks ago, the aging and long-retired John D. Rockefeller himself came forward to criticize the large-scale acquisition of Texas Gas as a kind of trust merger. You must know that Rockefeller's standard oil was directly dismembered because it involved monopoly.

As the saying goes, no profit can not be early, and Adair does not think that the old Rockefeller, who has long retired and focuses on philanthropy, will jump out for no reason to criticize the merger and acquisition of Texas Natural Gas Company, and there must be an element of interest behind this.

Sure enough, just a week ago, Mobil Oil Company of California participated in a high-profile bid for a survey plot in the BC2179R field of Cleveland, Texas, and finally won the right to survey the plot for $57 million. At the time, Mobil's strongest competitor for the site was Texas Oil, which bid for the survey site because it was right at the northernmost point of its six survey sites, right next to Lake Erie. Texas Oil's failure in the bid for the site meant that in the future, if it discovers oil fields in the remaining six lots, its oil vehicles will have to detour most of Lake Erie because Mobil of California has the right to refuse Texas Oil to build a road on the land he owns.

It is clear that the purpose of Mobil California's bid is not to win the plot for oil exploration, but to use the plot as a bargaining chip to negotiate with Texas Oil Company.

So what are they going to talk about? Adair flipped through the memories of his previous life and soon found a clue - Texaco Petroleum Company, a giant multinational oil company that was jointly funded by Mobil of California and Texas Oil Company, was founded in the 30s of the 20th century.

Adel believes that if his judgment is correct, the purpose of Mobil California should be to project its capital power into Texas with the help of Texas Oil, so as to obtain a certain share of oil in Texas. As for Texas Oil, this veteran oil company has had a rather aggrieved life in the past two years, mainly because after a series of investments, its funds have shown signs of drying up.

One has a large share of oil fields and exploration in Texas, and the other has a large amount of money, there is no doubt that the combination of Mobil and Texas Petroleum is destined to be a strong combination, and once the news comes out, the stock prices of the two oil companies will definitely skyrocket.

Of the two oil companies, Mobil's share price has reached a high of $214 a share, and there is little room for it to continue to rise, while Texas Oil's share price is less than $100 a share, and its upside is obviously huge. Therefore, after making his judgment, Adel quickly bought Texas Oil stock, and the subsequent direction of the stock market proved that his judgment was completely correct.

It is obviously impossible for Martin to know the reason why Adair holds a large stake in Texas Oil, but that doesn't matter, he doesn't need to know so much, he just needs to know that Adair is also good at long-term operations, has also selected targets, and has made super high profits, and that is enough.

From $89 per share when he bought it, to $137 per share he holds now, with a profit of nearly $50 per share, and a profit of $50,000 per share, to be honest, with such a result, Martin believes that the bank's lending department should be able to give Adair five times the amount of the loan, and at least five times the amount.

"Mr. Adel, if these figures are true," came to mind, Martin coughed twice, suppressed his excitement, and said in the calmest tone possible, "then, you are undoubtedly a very potential customer, and I think that if nothing else, the Mercantile Mercantile of Manhattan will grant you five times the amount of the loan, of course, I say at least." ”

Five times the amount of credit, that is, in the case of their own investment of 700,000 US dollars, the Manhattan Commercial Bank can also provide a loan of no less than 3.5 million US dollars, so that the funds that can be operated in their hands will reach 4.2 million, to be honest, Ya Dell is more satisfied with this amount, of course, if it can be further good, it will undoubtedly be better.

"Can't you improve it a little more?" Adair pretended to be not very satisfied, and said with a frown, "You know, the current situation is very good, and it is time to increase investment and make more money." ”

"Hehe, Mr. Adair, like I just said, I'm just a salesman," Martin spread his hands and smiled helplessly, "It's impossible for me to make a specific decision, so ......"

"Alright then," Adel didn't dwell on any longer, he also knew that there were many things that Martin couldn't do, "If I want to apply for a loan at your bank, what do I need to do?"

"As a customer of the bank, and a potential customer, you don't need to do anything, Mr. Adair," Martin said, standing up and in a somewhat excited tone, "you just need to sign a basic letter of intent with me for a loan, and then provide the Manhattan Mercantile Bank with authorization to allow the bank to do some verification of your account on the stock exchange." If nothing else, two days later, the bank loan approval department will come to the company and handle the follow-up loan procedures for you. ”

It is worthy of the United States during the boom period, and it is so easy to handle such a high-risk loan as short-term lending, which is unimaginable if it were placed in a place that Adair was familiar with in later generations. But then again, if that weren't the case, the stock market crash that preceded the depression probably wouldn't have caused hundreds of bank failures.

The risk of short-term lending is very high, mainly because the interest rate is too high, and the interest rate of more than 10 percent is simply usury, but for Adair, he must borrow this money, because he must expand the amount of funds that he can control, and as for interest, it is the second thing that needs to be considered.

As the saying goes, someone will send a pillow when you are sleepy, and Martin's appearance has helped Adel a lot, at least, he doesn't have to take the initiative to run the loan himself.

After signing the basic letter of intent with Martin for the loan, and sending the salesman who finally made the first business to leave, Adel didn't even have time to eat, because the next round of the company's operation was about to begin, and he needed to make all the preparations.

After leaving Adair's company, Martin also didn't bother to eat lunch, he took the letter of intent signed with Adair, and a copy of Adair's trading books, and hurried back to the Manhattan Commercial Bank on Wall Street, he had to finalize the business in the shortest possible time, so as not to have too many nights.

"HOHOHO, Martin, Martin, Martin," a middle-aged man with a fat head and big ears in the lobby of the credit department of the Manhattan Mercantile Merchant Bank, shaking the fat on his cheeks while looking at the copy of the transaction account book in his hand, and said with an exaggerated smile, "I think I have reason to believe that what you have discovered is not a new-rise, promising stockbroker, but an outright liar." ”

The middle-aged man, Jim House, is the head of the credit department of the Manhattan Mercantile Merchant Bank, and he is also a stockbroker.

"Let's see," Howes raised his fat face and glanced around the hall full of tables as he threw the book in his hand, "Let's all see, our rookie Martin has found a genius, nearly 400 short-term trades, and only 11 losses, ha, what a high rate of profit? 97 percent or 98 percent?"

Airplanes......

There were more than 30 employees sitting in the hall, and after listening to House's words, the original silence was completely broken, and the noisy discussion instantly filled the entire hall.

"Is this the renewed William Gann?" shouted in the midst of the noise, of course, the question was full of doubts and ridicule, and it was a person who could hear it.

William Gann is regarded as a genius on Wall Street, he is good at predicting market trends, and 20 years ago, he shocked the entire Wall Street with an astonishing performance of 286 trades and 264 profits in a one-month trading day. This 92.3 percent profit rate has also become a myth on Wall Street, and no one has been able to break it so far.

"No, believe me, it's not a new generation of Gann, it's a new customer Martin has discovered, a new customer under the age of 20," House said, holding up Martin's signed letter of intent for a loan, dangling in the air, "The weird thing is that I've never heard this man's name before, and he looks like he just popped out of the bottom of the Hudson River." ”