0004 Truth
While Adel was waiting to meet with Clifford, Bella, who was thinking, also walked into the main hall of the stock exchange.
With the rapid development of industry and commerce in recent years, the economy of the United States has entered a period of rapid development, and the economic take-off is matched by the active financial activities.
Every day, stocks are published in the newspapers, stocks are broadcast on the radio, and people are talking about stocks, and no matter whether they understand stocks or not, they dare to take their hard-earned money and invest it in the stock market. Of course, in the environment of a big bull market, almost everyone can make money, and the only difference seems to be the problem of earning more and earning less.
Like Bella, she had a very happy family a year ago, her husband was a lawyer and had a good income, so even though she didn't have a job, she could still live a life without worrying about food and clothing. Unfortunately, around this time last year, her husband died of pneumonia, and although he left her with a lot of savings and a large house, it was nothing more than she could live on for the rest of her life.
In this way, for the sake of face, Bella, who had no intention of going out to find a job, began to learn to speculate in stocks, but in a few months, she discovered her talent in this area, yes, talent, because she bought a few stocks before and after, and never lost money. Although it didn't make a lot of money, it was still earned.
I met Adair at the door of the stock exchange today, and I heard him talk about the Mississippi coal stock, Bella was very attentive, not for anything else, just because what she holds now is this stock, a full 10,000 shares, according to yesterday's price of $23.73 per share, that is, more than $200,000 investment, which is almost all her savings, and she can't afford to lose. If she loses, she'll probably have to dance at the Paramount Theatre on Broadway, because that's what she does.
The main hall of the stock exchange was crowded with people, the noise was deafening, and the runner shuttled back and forth in the crowd with the bill held high, and on several occasions, Bella tried to grab a runner and sell all the shares she held. However, she was also very hesitant in her heart, after all, the stock price of Mississippi coal had risen well during this time, and yesterday it rose by more than 20 cents per share, which was one or two thousand dollars for her, and this is an old hen that lays golden eggs.
In order to confirm the news, Bella did not rush to make a move, she walked around the hall a few times, relying on her extraordinary appearance, to ask some guys who looked very good, like masters, but after more than an hour, I asked more than a dozen people back and forth, and I didn't hear the news that the Mississippi shares were going to change.
After nearly 3 hours of delay on the stock exchange, Bella finally made a decision. Although she didn't hear any reliable information, she planned to sell all her shares just to be on the safe side.
I'm not afraid of 10,000 or just in case, this money is the fundamental pillar for her to enjoy life in the future, and she can't afford to lose it, so she would rather earn a little less than take this risk. What's more, selling Mississippi coal doesn't mean it's over, and she can buy other shares, such as Texas Refining. She has inquired that this stock has performed reasonably well in the past few months, although it has not risen much, it has always risen, and most importantly, the trading volume of this stock has increased greatly today, and there should be hope for a big rise.
In fact, for a woman like Bella, the risk of stock speculation is very high, after all, she doesn't know how to do it, and the principal is still her life's dependence, but this is the atmosphere in the United States these days, everyone will believe in the end of the world, will believe in the monster of Loch Ness, but will never believe that the stock market will not make money.
Bella's decision quickly sweetened her, and just an hour after she dumped her order, when the stock exchange was about to shut down, what Mr. Adair had said was put in order, and after seven consecutive trading days of sharp gains, the Mississippi Coal's stock price finally fell. Although the final drop was only 3 cents, it was also a drop.
In the past, every day when she left the stock exchange, Bella had a kind of anticipation in her heart, she looked forward to the next day to see if her shares were profitable again. And today, when she left the stock exchange, the expectation in her heart was even greater, she looked forward to confirming this morning, to see if the stock price of Mississippi coal would fall tomorrow, whether the stock price of her Texas refining shares would rise sharply, and of course, she also hoped to see that Mr. Adair again tomorrow. Now, Bella is somewhat convinced that this mysterious Mr. Adair must have inside information that no one else has.
Getting to know someone with inside information is something that every stock trader dreams of, and Bella is no exception, she feels that this is a once-in-a-lifetime opportunity for herself, and if she can't seize it hard, she will regret it for the rest of her life.
This night was obviously a long time for Bella, and she felt anxious for a long time. Of course, it was a long night for Adair, and he hoped that tomorrow's stock market would prove his reasoning, and he also hoped that his plan would succeed and that Bella would be able to come to him.
As a person who has just been reborn into this era, Adel certainly has no so-called inside information, his judgment of the two stocks comes from his grasp of information, and for more than a week, he asked Clifford to find him a newspaper every day, all the newspapers he could find. By browsing the newspaper information, he can always find one or two useful pieces of information from them, and make a general judgment on the direction of a certain stock in the stock market.
Why is Texas Refining's stock price going up? The reason is simple: four days ago, the New York Times ran the news that John Kirby's Houston Gas Company was in secret negotiations with a consortium of three large corporations. The three consortiums are North American Electric Power & Electric Company, Lone Star Natural Gas Company, and United Electric Railroad. Once the negotiations reach an agreement, Houston Natural Gas will have enough money to make a move into the refining industry.
So, can this negotiation reach an agreement? Of course you can, otherwise, where did the infamous Enron come from? Therefore, this consultation is bound to be reached. And once Houston Natural Gas is fully funded and begins to make its way into refining, what's the quickest way to do it? There is no doubt that it will have to be an acquisition, and Texas Refining Iron will definitely be the first target of their acquisition.
Based on this, Adair judged that regardless of whether Houston Natural Gas will buy Texas Refining, the existing shareholders of Texas Refining will certainly make sound preparations, whether they want to resist the takeover or want to sell their shares to make a big profit, before that, they will inject money into the stock market to drive up the stock price of Texas Refining.
So, in the last week or two, or even longer, Texas Refining's share price will continue to climb, and if Houston Natural Gas does buy Texas Refining, then that increase could be even greater.
So, on what basis does Adair judge that the share price of Mississippi coal will fall? This judgment is even easier.
This year is already 1929, the First World War has ended more than ten years, and the implementation of the "Versailles Peace Treaty" has also been more than ten years, just the day before yesterday, the "HSD Post" published the news: After many rounds of negotiations, France and Germany, the great enemies of Europe, finally reached an agreement, and the French army officially withdrew from Germany.
Of course, this news itself does not affect the coal industry, but the problem is that, according to the agreement between France and Germany, because Germany cannot afford to continue to pay France war reparations for World War I, the Saarland mine, which was originally scheduled to be handed over to France for 15 years, will be deferred from being delivered to the League of Nations.
The extension of mining rights in the Saarland coal mining area has had the most immediate impact on Mississippi Coal, because two weeks ago, the Bank of America had negotiated a deal with Germany, whereby the Bank of America had made a large loan to Germany against the 10-year mining rights of the Saar mine. At the beginning, the stock price of Mississippi Coal continued to climb because of this agreement, after all, Bank of America is the majority shareholder of Mississippi Coal.
Now that the deal has collapsed, the French are forced to take back the Saarland mine rights even after five years, in other words, the Mississippi mine will not get the benefit, so the decline in the Mississippi coal share price is a foregone conclusion when the good news disappears.
That's right, Yadell has no inside information, his judgment comes from the grasp and analysis of information, of course, there are some K-line chart analysis and the like, similar skills are nothing in the future, basically every old shareholder can master. But now in 1929, less than a decade after the Ponzi scheme was uncovered, the New York financial markets were still a porous place, and to put it mildly, with Adele's vision and experience from later generations, there was no problem for him to cheat here.
Of course, Adair's purpose is not to cheat, he just wants to make more money in the shortest possible time. Bella was his first target, he wanted this woman to worship him, think he could do anything, and willingly leave her money to himself to take care of. After that, this vain woman will definitely go around preaching her money-making experience, which will bring more followers and raise more money for Adair. This is a virtuous circle process, and the ultimate goal, Adair is to be able to gain a foothold in the United States in this era.