Chapter 176: Stock Speculation
"Doris, you just said you had 10,000 shares of Mississippi coal?" Monet, who had come to the study to find a book, overheard the conversation between Doris and Nicole, and asked her in surprise.
Doris nodded and replied, "Yes, this stock is going up very well, and it rose by 10 cents per share yesterday, which is more than a thousand dollars!" ”
Monet thought for a moment, and then said: "Doris, if you believe me, quickly sell this stock, because if nothing else, it will fall soon!" ”
"Huh?! Why? Doris asked incredulously.
Monet flipped through the study, then found a newspaper and handed it to Doris to explain: "You see this is the news that was published in the Washington Post three days ago: after many rounds of consultations, the French army has officially withdrawn from Germany!" ”
"But what does this have to do with the fall of Mississippi Coal's stock?" Doris asked, puzzled.
Monet patiently explained: "Because according to the agreement between France and Germany, because Germany cannot continue to pay France the war reparations of the First World War, the Saarland mine, which was originally scheduled to be handed over to France for 15 years, will be postponed to the League of Nations."
The extension of the Saarland mining rights is the most immediate impact on Mississippi Coal, because two weeks ago, the Bank of America had negotiated a deal with Germany, and 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. ”
"And if I dump Mississippi coal, what should I buy that stock?" Doris asked.
Monet took out another copy of the New York Times, pointed to a report on it and said, "I recommend Texas refining!" ”
Doris and Nicole leaned over to take a look, and it turned out to be a story about "Houston Natural Gas is secretly negotiating with North American Electric Power & Electric Corporation, Lone Star Natural Gas Company, and United Electric Railroad." ".
"But what does this have to do with Texas refining?" This time, before Doris could speak, Nicole asked first.
"Because once this negotiation can be reached, then Houston Natural Gas will have enough money to reach out to the refining industry, and Texas Refining is definitely their first target, so whether Texas Refining's shareholders want to resist the takeover or sell their stake to make a fortune, they need to inject money into the stock market to drive up the Texas Refining stock price!" Monet explained.
"But what if this negotiation doesn't work out?" Nicole asked.
Monet shrugged and said: "Stock speculation is risky, if you wait until they reach an agreement, then you won't make much money by buying Texas refining, but I think the probability of them reaching a deal is very high." ”
In fact, Monet's real confidence is that he knows that this agreement must be reached, otherwise how did the Enron Company be established in the future?
After listening to Monet's explanation, Doris pondered for a while, then stood up and said, "Okay Tony, I'll consider your suggestion carefully, now I have to find someone to inquire again!" Then he took his leave.
After Doris left, Nicole curiously asked Monet, "Tony, I remember you weren't interested in stocks!" ”
Monet nodded and replied: "Yes, I am indeed not interested, and I advise you not to use all your private money to speculate in stocks, because according to the law, when the vegetable sellers and aunts start to speculate in stocks, it will not be far from a collapse!" As for my stock trading, I actually want to verify some of my conjectures, as you just saw, this is the puzzle analysis I do every morning when I read the newspaper! ”
Originally, Nicole hadn't taken this matter to heart, but on the third day, Doris suddenly ran over to Monet with an excited expression and said: "Tony, you are so good, Mississippi coal has really fallen, it fell by 17.94 cents this morning, and there is no sign of rebounding at all, and Texas refining has really risen, skyrocketing by 13 points, and the increase per share is more than 30 cents, and I have made thousands of dollars at once!" ”
"Since you've made money, shouldn't you treat me and Nicole to a big meal?" Monet teased.
Dolly nodded without hesitation and agreed: "Of course, but I want to know, Tony, have you analyzed other stocks that can rise sharply?" ”
Monet shook his head and replied: "I haven't analyzed it for the time being, but I think you should throw out the Texas refining as soon as possible, and hold it for two or three days at most!" ”
"Why? Isn't that good? Doris asked, puzzled.
"Do you remember my previous analysis of Texas refining? Do you think Houston Natural Gas will act like a fool and buy at the high stock price pulled up by Texas Refining's shareholders? It must be suppressed and then absorbed while it is low, so the stock price of Texas refining will definitely fall in the near future! Monet analyzed.
"Oh so, then I'll throw it out tomorrow, hey, this stock speculation is really tiring, I have to stare at it every day!" Doris muttered.
"But it's fast, right?" Monet quipped.
"Well, that's right!" Doris replied with some embarrassment.
Early the next morning, Monet suddenly called Doris: "Doris, I know that there is a stock that will definitely skyrocket in the near future, I don't know if you dare to buy it?" ”
"Tony, what a strange thing you say, is there any stock I wouldn't dare to buy?" Doris asked rhetorically.
"Bank of America!" Monet replied almost word for word.
"What?! Tony you let me buy Bank of America? You're not kidding, are you? Doris couldn't help but exclaim.
The reason why Doris has such a big reaction is because in the current US stock market, Bank of America has become almost a taboo word, and no one will touch him.
In fact, a year ago, Bank of America's stock price was as high as $200 a share, but in one month in June last year, Bank of America fell from $200 to more than $70, making countless shareholders who held this stock lose their money.
PS: Although I have known for a long time that the book "I Can Upgrade the Shelter" is very creative and has good grades, but for me personally, the opening is really too dissuasive, maybe some people will like this style, but it is definitely not me, I hope it will get better later......