The subordinate heard Marie Wellington’s words and hesitated slightly.
"Mr. Wellington, last week we purchased too aggressively. The funds you borrowed from the bank in your personal na are all temporarily invested in the stocks. Currently... we don’t have enough funds to continue purchasing. Do you think we should temporarily hold off on selling what’s in hand..."
"Are you crazy!" Marie Wellington cursed angrily.
"The price of the Jenkins family’s shares is going to rise, it’s going to exceed 15 dollars. At this ti, you don’t know how to accumulate stocks, and you’re advising to sell off like those retail investors for a tiny profit. Are you stupid!"
Marie Wellington scolded her financial manager harshly.
However, she didn’t notice that after being scolded, the manager lowered their head.
A flash of cunning light flickered briefly in their eyes.
The subordinate lowered his head, pretending to be submissive and said, "But Mr. Wellington, we don’t currently have enough funds to continue buying these stocks... What do you think..."
"What do you an, tell the bank that I am continuing to take a loan. If they don’t disburse the funds, the Wellington family won’t cooperate with them anymore. Also, tell them that I already hold 75% of Jenkins family’s shares. Once the stock price rises above 15 dollars a share, I’ll start gradually selling off. If they don’t want to earn this money, they can leave early."
Marie Wellington, now, insists on driving up the Jenkins family’s stock price.
She still holds 75% of the Jenkins family’s shares, and if the price continues to be sold off by those short-sighted retail investors, it will only keep declining.
At this ti, she must aggressively accumulate stocks, only then will others think the Jenkins family’s stock will continue to rise.
The previous drop was just a correction.
Even though Marie Wellington is currently confident, she is actually in a situation where retreat is impossible.
She can only continue to accumulate stocks to maintain Jenkins family’s market status.
Nevertheless, even though Marie Wellington has already borrowed over a billion from banks, she remains fearless.
After all, she has the Wellington family backing her.
The tens of billions spent on Jenkins, even including the subsequent bank loans today, are still just the tip of the iceberg for the Wellington family.
Marie Wellington is full of confidence; having the Wellington family as her backing is indeed a great advantage.
Marie Wellington has successively approached different banks for loans totaling over one billion, plus the money she borrowed before, she alone has already borrowed over six billion.
After a morning of struggle, almost 79% of the Jenkins family’s stock in the market is in Marie Wellington’s hands.
And at this ti, the Wellington family’s stock has already stabilized to over 12.75 dollars.
"Hmph, I knew it would rise again. Look, exceeding 12.75 dollars and quickly reaching 13.50, reaching 13.50 ans it’s ti to hit 15 dollars. Unfortunately, there’s still 21% of the shares in those retail investors’ hands... They’re smart for not selling at this ti."
Marie Wellington complained to Sophie Jenkins.
Sophie Jenkins could only return a gentle smile.
The so-called 21% held by retail investors, actually 20% is in Jonathan Jenkins’ hands.
Sophie Jenkins knew about this, naturally, she dared not ntion it in front of Marie Wellington.
However, she is now quite excited, just waiting for the stock price to reach 15 dollars so Jonathan Jenkins can quickly sell off.
However, when the market reopened in the afternoon, the Jenkins family’s stock plumted wildly in a downward trend.
"84, 83... 79! 75! 72! How could it... How could it plumt like this, quickly... quickly buy in bulk, hold the price up for !"
Marie Wellington couldn’t believe her eyes.
She watched helplessly as the Jenkins family’s stock fell from the opening price of 12.75 dollars all the way down to six dollars and forty-five cents, yet she couldn’t do a thing.
A crash! The stock market suddenly crashed!
Even a so-called ’exotic stock’ like the Jenkins family couldn’t withstand the pressure of the market’s overall downward trend.
No one’s taking over, no one dares to handle stocks at this ti, so even when Jenkins family’s shares have dropped to six dollars and forty-five cents, neither Marie Wellington nor Jonathan Jenkins could sell a single share!
[Next Chapter around 19:30, checked the stock information, this Chapter was late, sorry~]
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