In the 1940s, information transmission was far less convenient than in the 21st century, and newspapers were still the first media means.
At this moment, David Walsh, who is far away in New Mexico, has not yet received news of the stock price plummeting.
A shareholder tried to contact David Walsh to study how to recover the loss, but he called Albuquerque, and the assistant told the shareholder that David Walsh followed the prospecting team into the mountain for exploration.
The stock price of Walsh Mining continued to fall the next day, but it was not as violent as it was yesterday. It only dropped a few cents to 13.8 cents per share.
Continuing on the third day, it became 12.1 cents per share.
The shareholders were anxious like ants on a hot pot, and finally contacted David Walsh on the third night. David Walsh was surprised to hear that the stock price plummeted.
The newspaper reported that Professor De Guzman’s mineral vein theory was incorrect, but he was involved in a sharp drop in the stock price of Walsh Mining. What is this?
"David, you must find a way to prevent the stock price from falling." The caller is the second shareholder of the company, whose shares are second only to David.
David Walsh was a little angry. I was developing for the company, despite the hard work I went into the mountains to look for mines, I couldn't eat and sleep well every day. You guys sit at home and blow air-conditioning, but the stock price drop made me think of a way.
"What can I do? It is estimated that the stock price will stabilize after the news." David Wash said irresponsibly.
This major shareholder was very annoyed when he heard what David said, "David Walsh, you are the chairman of the board, and you should be fully responsible for things that happen to the company. If you do not run the company well and cannot profit for shareholders, I will apply for shareholders. The general assembly re-elected the chairman."
David Wash was a little anxious.
Damn, here again.
Last time I forced myself to give up the position of chairman, but this time I came back.
"Didn't the last shareholder meeting have already said that, give me two years, and now it has only been more than half a year." David Wash said with a soft tone.
"I now doubt whether the company will be destroyed by you in two years, Walsh, I will give you a week at most to find a way to solve the company’s problems, otherwise, as the second shareholder, I will ask for another shareholder meeting to study the replacement of directors. Long, hire a new CEO."
The shareholder put down the phone boastfully.
David Walsh sat slumped on the bed, and now he can't do anything about it, unless a big mine is discovered now, and I believe that the company's stock price will rise by leaps and bounds.
But after a few months in the mountains, there was no harvest at all, only scattered pyrite veins were found, which were not scaled up and had no mining value at all. He now doubts that Professor De Guzman's theory is correct.
Maybe the old guy was lying.
The problem now is that shareholders chase after themselves and let themselves find a way, what can he do.
He suddenly thought of the newspaper.
Since it was a newspaper report that caused the stock price to fall sharply, can you clarify it in the newspaper?
He remembers the last time he broke the news of Ava Gardner to the Los Angeles Times. He had a phone number at the reporter station, and he immediately picked up the phone and called.
"Hey, are you a reporter from the Los Angeles Times? I'm the chairman of Walsh Mining. Are you interested in interviewing news about New Mexico's minerals?"
The stock price of the mining industry has plummeted in the past two days, which is indeed news. The Los Angeles Times received a call from the chairman of Walsh Mining, and he was indeed interested and agreed to interview him.
......
And at this time,
Hardy has stopped shorting,
Started secretly inhaling Walsh Mining stock.
When he shorted Walsh Mining, the price per share was $0.31. Now it has fallen to 0.12 per share, a decline of more than 61%.
Hardy used 5 times leverage. He calculated that after excluding financial institution fees and other expenses, he could earn $500,000.
Good guys.
Financial operation is to make money, which is worse than robbery. A simple operation can surpass the Spanish gang he robbed twice.
There may be room for decline in Walsh Mining’s share price, but Hardy thinks it shouldn’t be too big. After all, it’s just false news. Walsh Mining has not revealed any substantial problems. As for the recent decline, most of it is due to People's distrust of junk equity.
It's almost time now.
Hardy sold the stock.
However, he changed hands and started to do more again, using more than forty accounts to acquire Walsh Mining shares in the market.
The momentum that was originally down today is because Hardy's acquisition has slowly stopped.
By the close.
Hardy has acquired more than 400,000 shares.
The stock price also stabilized at 0.12 yuan and did not continue to fall.
The next day.
Walsh Mining's stock price remained flat, and Hardy silently bought another 200,000 shares.
Just this day.
The Los Angeles Times published an interview with Walsh Mining Chairman David Walsh. David Walsh said that the company is now in good condition. He is leading the prospecting team and working day and night in the mining area. He believes in Professor De Guzman’s theory. It is correct, after all, Professor De Guzman is a well-known geologist.
A few days later.
Hardy has been silently absorbing Navos Mining stocks.
People found that
Walsh Mining’s stock price has slowly risen from its lowest level of 12 cents to 14 cents, which is a big increase for a low-priced stock.
By this time Hardy had acquired more than 1 million Walsh shares.
Hasn't stopped yet,
Still take it slowly.
......
this day.
A car came to the mining area.
Two reporters got off the car.
These days David Walsh has been living in the mine. He was a millionaire. Because of a stock price fluctuation, his wealth has shrunk by more than half.
He was very unwilling.
He hopes to find a copper mine on this land, even if it is just a small mine, it can make up for his investment this time.
But these days there is still nothing.
He had already scolded Professor De Guzman a hundred times in his heart.
Especially after drinking, he cursed Professor De Guzman as a big liar. If it weren't for him, how could he eat dirt in this **** place, drink and pick up girls in the big city, and live a comfortable life?
Two reporters found David Walsh and took out a press card to prove his identity.
"Hello, Mr. David Walsh, we are reporters from the Los Angeles Financial News. We want to interview you. Do you have time?"
When David Wash heard that he was a reporter for the Los Angeles Financial News, he was so angry that the report was published by the Financial News. If it weren't for them, how could his company's stock price fall so miserably.
David Wash said excitedly:
"I think your report is very irresponsible. Why do you say that Professor De Guzman's theory is wrong? Why do you say that the mineral veins of Arizona cannot extend to New Mexico? You say that Professor De Guzman's theory is Guess, your reports are unprovoked guesses."
The two reporters had a very good temper. They just laughed after hearing what David Wash said, "So we came to interview, just to ask Mr. Walsh what he has to say. By the way, you have been in the mountains for several months. , Have any large veins been discovered?"
David Wash's momentum was choked by reporters' questions.
It took him a few months to find no mineral veins. This is an indisputable fact.
But he knew that if these things were reported by the Los Angeles Financial News, the stock price might fall again.
He blinked, and suddenly thought about it.
"Who said we haven't found the mine, we have found something, you come with me." After saying that, he took two reporters forward.
Stopping in front of a pile of rocks in front of the camp, David Walsh pointed to the stones and said, "Look, these are the ore specimens we collected from the mountains."
After speaking, he took a piece of ore the size of a watermelon from the ground and put it in his hand and said: "Look, this is copper ore. Since we can find copper ore, it means there must be a vein here."
"Moreover, copper mines are often associated with gold mines. Once gold mines are discovered, the value of the veins will greatly increase."
One of the two reporters took out a notebook and kept recording, the other held up a camera to take pictures of David. David was very cooperative, holding the ore in both hands, grinning at the camera, posing in what he thought was the most handsome pose.
In fact, David was lying.
The ore in his hand was not copper ore, it was a piece of pyrite, but it was somewhat similar to copper ore. The two reporters were laymen, and he guessed that they could not tell the difference.
As long as they fool around today, they reported in the newspaper that there is a possibility of copper mines in the land they bought, and they believe that the stock price will not fall.
Isn't the stock just buying hope?
If the heart is in the dream, it is there.
The photo reporter took several photos of David Walsh before and after. UU read the book and then took a sharp shot at the pile of ore.
The text reporter asked again:
"Mr. Walsh, what do you think of Walsh Mining's share price?"
David Wash put down the ore, clapped the dust on his hands and said to the reporter: "I think the value of Wash Mining is seriously underestimated."
"Here we have found traces of mineral veins, and perhaps even more valuable gold mines. By then, the stock price of Wash Mining will soar ten or even twenty times. Now is a good time to start."
"It seems that you are very confident in digging a big mine?"
"Of course I have confidence. I believe that in the future, Walsh Mining will become a mining giant in the United States and even the world, and do business all over the world."
Anyway, bragging about not wanting money.
David Walsh was blowing vigorously there.
The two reporters spent half a day interviewing at the mining camp, asking a lot of questions, shooting four or five rolls of film, and leaving until the evening.
David Walsh waved goodbye to them.
Watching the car leave, he said to himself: "Los Angeles Financial News, the quality of reporters is higher than that of Los Angeles Times reporters. Last time a reporter from Los Angeles Times came over, within half an hour before and after, I asked a few questions and left. Look at the other financial newspapers. , For half a day of the interview, there were dozens of photos taken, which is called professional."
The following days,
David Wash has been looking forward to the Los Angeles Financial News report.
He believes that with this positive report, the company's stock price may still go up by one rise, and the guys on the board of directors don't have to always yell at them to replace themselves.
Three days later.
The report about Walsh Mining finally came out.
When David Wash saw the content of the report, he was stunned. Did he say that at the time?
Is this a bit too much?
In a color photo in the newspaper, David Wash was grinning while holding the ore.