America 1919

Whether it's in business or elsewhere, when someone commits an act of betrayal, there's only one reason: the chips of betrayal are enticing enough to make the other party interested.

Donnie had also experienced betrayal, which ultimately led him to this world.

So, when Donnie heard the news released by Goldman Sachs, he was angry but not surprised!

"I've always believed that a simple announcement from Barry Company couldn't be enough to truly press down ABC's stock price. Now it seems that Goldman Sachs turning its back was the ace in their hand!"

Even though Donnie was extremely angry now, he still remained calm because he knew that if he lost his composure at this moment, it would only allow the other party to succeed in their plan and trap him in a difficult situation.

"It's already chaos out there. I had a call with Jesse earlier, and lots of individual investors are getting ready, just waiting for ABC to go public and then they'll go short immediately!"

Helen looked at Donnie with some concern. Goldman Sachs's betrayal was far too significant, becoming the last straw that would crush ABC.

The betrayal from his own team convinced countless people that ABC indeed had financial issues and was not as glamorous as it appeared on the surface!

Donnie nodded and said, "This situation is imaginable. Now, we need to see if this move is their final blow. If it is, then it's time for them to show up!"

Although Donnie had been having Walker investigate Barry Company, and Walker still hadn't clarified Eugene Barry's situation, Donnie understood that as ABC was now caught in a desperate situation, the other party should also appear.

Shorting ABC might yield some profits for them, but these gains clearly did not match all the efforts the other party had put into the entire incident.

Helen said, "If we combine what Owen Young and William Mellon said, the other party's purpose seems to be getting their hands on more shares of ABC and put pressure on you. This pressure would allow them to have more say in ABC's future development!"

Donnie nodded and said, "That should be the case. So the purpose of the other party is not to destroy ABC, but they understand that I would not give up on ABC, that's why they orchestrated this incident."

Walker said somewhat apologetically, "It's my fault. I didn't expect my people have still not found any information on Eugene Barry. If we had known in advance who was really behind this, we could have prepared ourselves!"

Donnie waved his hand reassuringly, "It's not your fault. The other party surely guessed we would investigate Eugene Barry. If they are capable of playing such a big game, they would certainly be prepared in advance and would have hidden Eugene Barry's information."

"So, should we be doing something now?"

Helen asked Donnie.

Donnie said, "Let Marsh notify our legal department to demand compensation from Goldman Sachs. Also, have ABC broadcast a statement on the radio, condemning Goldman Sachs's actions."

Helen said, "These are all standard responses. If we only react in this way, wouldn't those who are paying attention to this matter feel dissatisfied with our response?"

"Certainly, there will be dissatisfaction, but whatever we say now, it's impossible to change other people's minds. After all, the cost of betrayal is too great. No one will believe that Goldman Sachs would give up a money-making opportunity to stop cooperating with us. Goldman Sachs's betrayal has already made those people firmly skeptical about ABC.

Trying to reverse this situation with some statements is already impossible," Donnie said calmly.

"What we have to do now is give them the illusion that we are powerless to deal with this issue. Then they'll show themselves. To be honest, I am very curious to see who actually orchestrated this!"

.

Just as Helen had said, although ABC's response this time was much faster than Barry Company's, it was no longer believable to others.

If ABC had no issues, then after going public, the stock price would surely soar, and Goldman Sachs, as one of ABC's underwriters, would definitely make a huge profit.

But since everyone knows that Goldman Sachs preferred to pay a penalty than to proceed with this deal, it meant that Goldman Sachs must have discovered a significant problem with ABC, one that would cost them even more.

That's the normal thinking of ordinary people!

At this time, Jesse Livermore was invited by Donnie Block to ABC's headquarters.

"Jesse, I heard from Helen that you mentioned on Wall Street there are quite a few individual investors like you preparing to short ABC right after it goes public?"

Donnie, with his legs crossed, asked Jesse Livermore.

Jesse Livermore nodded earnestly and said, "Yes, I've received calls from quite a few old friends lately, all of them inquiring and wanting to hear my opinion on this matter."

Donnie smiled and asked, "Then I wonder what your take on this matter is, Jesse?"

Jesse Livermore spoke calmly, "Taking into consideration all the information available now, ABC's stock price will definitely fall below the issue price after it goes public. If it were me, I would set the price around 45 cents!"

The issuing price of ABC when going public was 60 cents per share, for a total of 20 million shares. Experience more on My Virtual Library Empire