1928: The Rise of Giants
Chapter 347 The biggest scam in the world
Chapter 347 The biggest scam in the world
Ye Luo asked Situ Feifei to clean up the capital of 5320 million yuan brought in by celebrities from all walks of life in the Republic of China as quickly as possible and disperse it into his various bank accounts overseas.
In just one week, under the leadership of Ye Luo, the staff of New Securities Investment Company classified all stocks into five categories: high price, medium high price, medium price, medium low price and low price, and then divided the 152 people into Five levels are then arranged for different stock sales managers to be responsible for their funds.
All stock transactions must go through layers of approval at the beginning, and ultimately it is Ye Luolai who makes the final decision, striving to create a good reputation in the early stage and attract more and more customers.
As Ye Luo said, the U.S. stock market has long been occupied by various securities companies in the United States. Ye Luo's twenty-seven scattered and newly established companies basically cannot capture the local market. The ones currently operating are basically from the Republic of China. Capital.
Of course, just by operating this 5320 million yuan, Ye Luo can also make a small profit.
10% commission, and if you make a profit, you will also get 10% of the profit.
This proportion is already frighteningly high compared to 1% in the United States.
In other words, those celebrities in the Republic of China who did not really understand the stock market would accept such a high commission ratio.
Of course, being willing to accept this ratio is also related to the fact that the operator is Ye Luo.
After a few days of busy work, Situ Feifei already understood that what Ye Luo really cared about was not the capital on hand. It seemed that in his eyes, the money would be earned without a doubt.
There are two jobs that he cares about the most.
First, the various operations of Ye's investment headquarters were pieced together to get 2000 million oceans! And Ye Luo himself, together with Ye Yuqiao and his wife, Ye Hao, Ye Qingqing and other family members, as well as women such as Bai Xiuzhu, Xiao Aqiao, Lin Ruxian, etc., pieced together another 6000 million yuan in savings!
This total of 8000 million yuan, almost 1700 million US dollars, is completely operated by Ye Luo himself. No one knows how he will invest in the stock market to make a fortune!
As April approached, Ye Luo accelerated the development of various new products to make money, such as Ye's Forever bicycles, Victoria brand underwear, etc.
Including the initial automobiles, game arcades, medical and health products, film companies, etc., from March 1928 to March 3, in this year, excluding all fixed assets and reserves, Ye's investment was still able to come up with 1929 million. Dayang's liquidity also surprised Huo Ting'en and others.
In the beginning, Ye Luo even had to borrow a loan from Citibank in order to do the business of 2000 Chevrolet 490s.
When the Yip's Labor Federation split up, everyone wanted to beat up Ye Luo, a lost dog. Almost no one was optimistic about Ye Luo's investment in Yip's, let alone compete with the flourishing Yongxing Company.
But now.
Previously, all industries invested by Ye's family were conservatively estimated to be worth 5000 million oceans. Now they have evened out 2000 million oceans of working capital, plus the Ye family's own astonishing 6000 million oceans of deposits (4800 million of which are in Ye Luo's name). distributed in various banks).
"1.3 million oceans." Situ Feifei's heart was beating loudly.
In the north of the Republic of China, now inherited by Zhang Hanqing, the arsenal of the three eastern provinces was built 13 years ago under the personal supervision of the general. It cost a total of 3 million oceans in years. It is the largest, most productive, and most advanced arsenal in the Republic of China!
Why is the principal obsessed with the Hua-German military cooperation project?
Because he has seen the feat of an arsenal in the three eastern provinces supporting the entire northern Fengcian army. If he could have a similar arsenal, wouldn't it be possible to eliminate other warlords just around the corner?
It is such a giant that consumed 3 million oceans in thirteen years. It is not an exaggeration to say that it took the power of the entire north.
Now, Ye Luo's Ye's investment has reached a scale of 1.3 million yuan in one year.
Isn't this appalling enough?
Situ Feifei couldn't help but glance at Ye Luo, wondering how he would use the 1700 million US dollars.
The second thing Ye Luo is busy with is training and educating qualified Chinese workers to be penny stock salesmen.
This matter takes priority even above his own stock operations.
There are tens of thousands of penny stocks with unknown status on Amax, some of which are like the Edwards that Ye Luo mentioned before. According to the data, it is a high-end aircraft engine parts manufacturing company, but its headquarters is in the downtown area of Chinatown. When I walked in, I saw three Chinese and a foreigner running a screw factory! Such a company would only be successful if it could be listed on the market.
At 3 cents per share, it might be gone within a month of listing.
Of course, there are some really high-quality stocks. Because those companies are not large enough to be listed on the New York Stock Exchange and need financing for development, they can only be forced to raise funds at low prices on Amex to ensure the normal operation of the company.
There may not be one such company among hundreds, and it is difficult for you to identify it from the information they provide.
Even on-site inspections are difficult to make accurate judgments——
Because most penny stocks are meant to make money, and their disguise skills are top-notch.
The way Yello operates is to maximize profits.
Therefore, he must first buy a large number of those penny stocks, and then sell them to various retail investors at a higher price. When enough of them have been sold out, he will buy a larger amount of those penny stocks in Amax, or simply buy the other company. Come down.
They are all handbag companies anyway, and those bosses are eager for someone to take over.
In this way, the Amex Exchange will show a strange phenomenon. As long as it is a penny stock recommended by Ye Luo's securities company, it will always rise at a high price soon after the customer buys it, and then they will be hungry for more. .
When you first buy penny stocks in large quantities, the stock prices are very cheap. When Ye Luo sells them to a high price, perhaps 3 cents to 8 cents, he sells them to customers who are hungry for more. Then, a large number of penny stocks in hand are sold off, which will cause the stock price to plummet.
The interest rate difference becomes Yeluo's profit.
At the same time, he also earned a high commission from cutting leeks.
After seeing the trap clearly, Situ Feifei felt horrified.
Previously, she didn't listen to Ye Luo and held on to the stocks of several daily necessities companies. After all, the prices had doubled, and everyone wanted to make more.
Unexpectedly, a few days ago, newspapers suddenly reported on the safety and quality of raw materials for daily necessities, causing the stock prices of these companies to plummet, falling below the issue price overnight, causing Situ Feifei to lose all his money.
When he came back to his senses, wasn't the opponent using Ye Luo's combination of punches?
It’s just that the leeks harvested are different.
"Here's the problem, Feifei. When you make a lot of money from stocks and make money easily. Yesterday, you invested 100 US dollars. Today, it has become 150 US dollars. A week later, it has become 450 US dollars. I ask you , will you leave?"
Ye Luo looked at her with a smile,
"No, you absolutely won't. Because a profit of 3.5 times is too tempting. Judging from the price trend, even if it falls, you don't think it will suddenly fall below the issue price. At worst, sell it if it falls and make less money. But in fact, some companies will let it plummet, and some will boil the frog in warm water. But no matter which way, if you are trapped, it will be difficult for you to get out."
“People who lose money at the beginning want to get back their money, people who make a small amount of money at the beginning want to make a lot of money, people who make a lot of money at the beginning want to make more, people who lose money at the beginning want to wait a little longer, and people who lose only their capital want to start from scratch. Then again, until the person who went from making money to losing money is very unwilling.”
Ye Luo's voice seemed to have magic power, hitting exactly what Situ Feifei was thinking.
"The biggest scam in the world is high risk and high reward."
(End of this chapter)
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