mage in the late qing dynasty

Chapter 429
"There is no need for us to manipulate, someone will do it for us." Zhao Chuanxin said lightly.

"What if their money is not enough to drive up the stock price?" Thomas W. Lawson was not confident.

Zhao Chuanxin said: "Bring the market research I asked you to do before, and call Jesse over by the way."

When it comes to making quick money by being smart, Thomas W. Lawson is a master.

But if you want to pick out the details, you still have to Jesse Livermore.

Thomas W. Lawson was very upset. He felt that he could do all the work alone, although he and Jesse Livermore were friends.

But he was still obedient, knocked on the window, called the secretary, and gave some instructions.

Not long after, the secretary brought a stack of documents and said, "I have notified Mr. Livermore."

Before leaving, he looked at Zhao Chuanxin curiously.

At this time, Zhao Chuanxin was looking down at the information.

When the secretary left, Zhao Chuanxin pointed at the information with his index finger: "Did you see that, judging from the current shareholdings in the hands of retail shareholders of United Copper, as long as the Heinze brothers and Morse enter the market, they will They still have the ability to temporarily increase the stock price. But they will never be able to manipulate this outstanding shareholding to the end. So, you don’t have to worry at all.”

Jesse Livermore lived nearby during this time, and rushed over in a short time.

Like Zhao Chuanxin, he dressed in a low-key manner, and also lowered the brim of his hat to the point of being sneaky.

After entering, he saw Zhao Chuanxin with a happy expression.

"Hello boss."

He just took off his coat, but he didn't take off his hat like Zhao Chuanxin. He just wiped the sweat from his forehead with a handkerchief.

Zhao Chuanxin nodded: "Sit down, I'm discussing with Thomas about holding long shares in United Copper."

Sure enough, Jesse Livermore was less worried than Thomas W. Lawson.

In fact, most stockholders are like Thomas W. Lawson. When they are bearish on the market, they only focus on shorting, but if they hold for more than one day, they will feel restless.

But Jesse Livermore is a qualified trader, no matter whether he is short or long, he is calm and calm.

He took a look at the information and nodded: "I think the Heinze Brothers and Morse have the ability to temporarily increase the stock price. You see, we have investigated that Morse passed 5 national banks and 10 state banks. He and 6 trust companies accounted for funds to form an asset pool. From this scale, his total assets can be roughly estimated. In addition to the assets at hand, the Heinze Brothers, I found out through the relationship that he pledged a large number of stocks in Montana The bank is cashing out. The pool of funds assembled by several parties is still quite impressive. If there is no forward-looking vision of the boss, I would not even dare to short the stock price of United Copper at this time."

The deeper the investigation into the capital pool of the Heinze brothers and Morse, the more Jesse Livermore sweated.

If Zhao Chuanxin's vision is no longer accurate and the stock price of United Copper keeps soaring, they may lose their money by liquidating their positions.

But firstly, there is Zhao Chuanxin's "prophecy", and secondly, there are the investigation results of the steel industry.

This kind of survey is directional and forward-looking, so Jesse Livermore can still look at the stock market trend objectively.

Thomas W. Lawson sighed secretly.

Could it be that I have become timid?

Could it be that his abilities really can't keep up with Jesse Livermore?
He is not satisfied.

He asked: "Well, let's assume that the stock price of United Copper will temporarily rise. We are long, and the stock price of United Copper is about 34 US dollars. When do we want to sell?"

This is a very serious problem.

If you miscalculate the timing of your shot, you may be stuck.

In fact, Zhao Chuanxin knew that the share price of United Copper would soar to at least $60.

Yep, going from $34 to $60 is that crazy.

But he still wants to listen to the opinions of the two.

Jesse Livermore took a piece of paper and wrote and drew on it: "We have to consider two aspects. The first is their asset pool, but this can only be roughly estimated. They started from raising the stock price , We don’t know how many steps it will take when we see the short squeeze in the picture. But roughly, my calculation is that the short squeeze will start when it reaches at least $50.

The second is their network of relationships.Heinze pledged shares in the Bank of Montana to cash out, and the Bank of Montana had business relations with the Bank of America. Morse was a director of the Bank of America and also held shares in the Bank of Montana.We must consider that once the crash is a blood crash, there will be a wave of runs among the people because they no longer trust them, so we must sell the stocks before the peak and then short.

Therefore, I estimate that the exit price of United Copper stock is 45 US dollars. "

Thomas W. Lawson really sighed this time.

It is impossible for Jesse Livermore to plan so comprehensively in a short period of time, and he must have had a draft for a long time.

A year ago, before the San Francisco earthquake, Jesse Livermore wanted to short the market, but he still relied on his own advice.

But in just one year, Jesse Livermore has grown to this point.

All he had to say was, "I agree with Jesse."

Both looked at Zhao Chuanxin.

Although the surface is not happy, Zhao Chuanxin is actually a little excited.

He said: "My forecast peak for the share price of United Copper is 60 US dollars. Especially if we participate, the price may exceed 60 US dollars!"

This is actually inevitable.

Zhao Chuanxin has a lot of money in his hands.

Just a small part of the assets that were borrowed and sold short before reached 268 million U.S. dollars, plus the 67 earned, it has reached a considerable 335 million.

Compared with the 21st century, this amount of money is equivalent to between US$6700 million and US$8375 million in later generations. This is only a rough estimate of purchasing power. If the comparison of the abundance of materials is added, it may be more than US$8 million. .

And this is only part of Zhao Chuanxin's capital chain.

Jesse Livermore frowned: "Boss, will this be a little risky?"

Zhao Chuanxin nodded: "It's a bit risky, and it will take time to sell the stock. Therefore, I think the selling price is at 55 US dollars. At that time, investors who wait and see will definitely go crazy because of the soaring stock price. When the stock price When we got to the top, we just finished selling the stock."

Long and short are Solitaire.

So it's going to be busy for sure.

Jesse Livermore hesitated: "Boss, JP Morgan went to Richmond, Virginia yesterday to attend the triennial American Episcopal Convention. Then I..."

Today is January 10th.

Shit stirrer JP Morgan has left New York.

Jesse Livermore didn't want to miss the final big fight.

Seeing his pleading face, Zhao Chuanxin softened his heart.

Originally in history, Jesse Livermore had a place in this game.

It was because of the appearance of Zhao Chuanxin that JP Morgan restricted Jesse Livermore's actions.

Zhao Chuanxin said: "Since the old Morgan has gone to other places, you should be careful."

Jesse Livermore was delighted.

Thomas W. Lawson said: "Boss, during this time, you should also come here to sit in charge!"

The plan of the three is as precise as the gears of a clock.Once a link goes wrong, it will be beyond redemption.

Thomas W. Lawson is also under pressure at this time, but Zhao Chuanxin is here, firstly, it will make him feel confident, and secondly, if something goes wrong, at least Zhao Chuanxin will participate in the whole process, and his responsibility will be less .

Zhao Chuanxin thought for a while: "Okay, from tomorrow, I will move here and live here."

He picked up his coat and had to go back today to pay back the money.

After a little delay, it was afternoon.

Thomas W. Lawson invited: "Boss, why don't I treat everyone to a meal and have a drink in the evening?"

The golden sunlight, through the west window, sprinkled on the corridor outside the reception room.

Zhao Chuanxin knew that his future capital would be regenerated in this temporary office that was dyed golden yellow by the afternoon sun.

He got up and shook his head: "It's good for you two to relax, I don't have to. Shoot at three o'clock in the morning and evening, and one clip in the morning and evening. I have to pay close attention to training another big capital in my life."

……

An important training ground for the American-style Iage - the backyard of Arthur Gompers' home.

Marguerite Gompers lay on Zhao Chuanxin's shoulder: "Master, look at the sunset. My mother said that the sunset is the shawl that the goddess just put on."

Zhao Chuanxin let the smart gyroscope climb up his forearm, and pressed the Mosin Nagant wheel on his waist: "Whoever is a goddess or not, they are all master's stinky sisters! Alright, plug your ears."

"It's not loud at all, so I don't block it."

Zhao Chuanxin stood still, with broad shoulders and a little girl on his left shoulder. He opened the hammer with his right hand, and then drew out his gun without hesitation, and shot.

Because he was afraid that the little girl would be shaken off by the movement of his left hand, so he only fired one shot.

boom!
Hit the target!

Perhaps because of the high speed, he didn't feel the assistance of the smart gyroscope.

The gun was rotated twice on the index finger, inserted back into the holster, and the hammer was ready to go.

boom!
Hit the bullseye again!
Repeated operations like this, hit the gun!
until empty.

Zhao Chuanxin was very satisfied, and that feeling came back.

Unfortunately, only ten meters!

It's not a good place to use a rifle, because it's loud and the targets are too close.

Zhao Chuanxin saw that every shot hit a hundred hits, and felt that it was meaningless, so he used a small stick to remove the shell casing and reloaded the bullet.

Then put the little girl down: "You can play by yourself, come back to eat when the sun goes down."

With that, he went back to the house.

Marguerite Gompers looked at the blurred lines trampled by Zhao Chuanxin on the ground, ran to the wooden pier and dragged the hand ax over.

She first stepped on the beautiful little leather shoes, wiped away the original line on the ground, and then stepped back a few steps to re-mark the line.

After drawing, she pinched her waist with both hands and nodded like Zhao Chuanxin usually did: "Well, yes, this is much better!"

Then he dragged the hatchet back and ran home in a hurry.

the next morning.

Marguerite Gompers practices balance with her master in the backyard.

After practice, she hurried back to wash and eat, because she had to go to school today.

Zhao Chuanxin told her: "The elementary school you go to is a mixed-sex school, right? If someone bullies you, remember to convince them with virtue. Our teacher refuses to punish you without teaching!"

"Master, are you going to kill them?"

Zhao Chuanxin coughed violently: "Just punches and kicks are all you need, and sticks can be used if necessary. Don't bully honest people, and cut anyone who is snarky!"

"I know Master!"

Marguerite Gompers picked up a small wooden stick in the corner of the backyard, and then ran back.

After Zhao Chuanxin practiced the balance technique, he stood at the marking line, wore a smart gyroscope on his forearm, and fired six bullets as usual.

When he lowered his head to pick up the bullet casings on the ground, he suddenly saw a rubbed line in front of him, leaving only faint marks.

He was stunned.

The line of sight continued to move forward, and saw the trace of the second line.

After measuring the distance of the three lines,

The corners of Zhao Chuanxin's mouth twitched slightly:
This little bastard!
He took the shell casings back and threw them in the trash, packed his things, and went to Wall Street.

(End of this chapter)