Chapter 513: 191, Accidental Leak_2
Charles Merrill said calmly, "It's not that bad, William. You can see that ABC's advertising conference is scheduled to take place on the third day after ABC is listed."
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This shows that when Donnie thought of this idea, it was very rushed. If it had really been a plan capable of making a huge profit for ABC, Donnie would have confirmed it before running into our issue. The best time would be to hold the bidding conference on the day ABC is listed, or the day before. Only then could it better drive ABC's stock price."
But that's not the case right now.
Three days is a very long time in the stock market. You must understand that people develop inertia. If we can cause ABC's stock price to plummet on the day it goes public, then the major securities firms will re-evaluate ABC's stock price. It would be impossible to recover quickly with retail investors alone!"
Owen Young also said, "I agree with Charles' opinion, and more importantly, none of us knows what the outcome of such a bidding conference will be.
To be honest, everyone has doubts about such a bidding conference that has never happened before in American history.
I admit the idea is a stroke of genius, but a stroke of genius doesn't necessarily mean success. We all should have had such experiences, so in my view, whether this plan is successful or not is still a big question mark!"
Young Rockefeller finally spoke up at this point, "Gentlemen, I believe we don't need to worry ourselves discussing Donnie Block's matter here, because everyone is already at the point of no return. We can't back out of this fight. So, let Donnie make his move, and we'll respond."
Charles Merrill then said, "Actually, this matter is not important to us right now. In the end, we should focus on the day after tomorrow when ABC goes public.
At most, what happened would be Donnie winning one point, and it's still an unknown one. All we need to do is crush ABC's stock price the day after tomorrow without any reservation.
After all, it still comes down to a battle of cash, and Donnie has never resolved this issue. Even if the bidding conference is successful, it will take time for those companies to pay."
Young Rockefeller showed a look of admiration, "Exactly, Charles makes a very sensible point. Ultimately, it all boils down to cash is king.
As long as Donnie doesn't have sufficient funds, he won't be able to raise ABC's stock price!"
"I've always believed that your actions this time will end in failure!"
William Mellon said coldly.
"No!" George Whitney reminded William Mellon, "William, this is our collective action!"
William Mellon glanced at George Whitney and Young Rockefeller, replying indifferently, "Don't worry. Since we Mellons have promised you, we will cooperate with you to the end on this matter. But gentlemen, do not forget what we Mellons said before.
We will only target Donnie's actions this time. From now on, if you wish to undertake any further actions, do not come to us, or it wouldn't be good if we were to inform Donnie at that point!"
After that, William Mellon left the place.
George Whitney and Young Rockefeller exchanged glances, both showing a wry smile.
.
While the whole Wall Street was discussing ABC's advertising conference, a shocking piece of news suddenly emerged from nowhere...
Previously, although everyone was discussing the targeted listing of ABC, to be honest, even now, there were few who knew who exactly was targeting Donnie Block.
Everyone still thought it was Barry Company leading the charge.
But the news that came out now directly changed their minds. It wasn't Barry Company leading the event, but Rockefeller, Morgan, Mellon, General Electric, and Merrill – these five companies.
It's the grand finale!
Once everyone learned of this, the same answer popped up in their hearts!
What's the point of fighting now?
This is basically an internal struggle within ABC, and throughout the entire history of the United States, defeating even one company among Rockefeller, Morgan, Mellon, and General Electric in business had never happened before, let alone now that these four companies were united.
What exactly had Donnie done to evoke such wrath and resentment that his partners chose to backstab him?
"Discussing this is useless now, it's certain that there is no possibility of a counterattack. Donnie Block is set to lose this time!"
"Yes, Rockefeller, Morgan, Mellon, I have never seen these three companies conspire together on something, not even in imagination, and now it has actually come to pass!"
The brokers who had been buoyed by hope due to ABC's advertising conference just a moment ago, decisively gave up on any thoughts of picking up the pieces.
In the midst of the vast ocean, a youth stood on a bamboo raft, holding a spear, facing three sea monsters that resembled giant-toothed sharks.