Chapter 841
“Or we might not get a single cent p>
“Will our remaining two stocks be affected?” Harvey Rivers asked.
“Definitely. Everyone is terrified they’ll end up like Atlantic National Bank and will rush to sell,” Owen Lance replied.
“Should we sell p>
“No need. We’re shorting. With the market taking a nosedive today, we can still make a killing,” Ethan Mercer, who had been quiet until now, chimed in.
Mira Mercer nodded, sharing his sentiment.
Right now, the ones dumping shares were mostly the long-holders, and their panic selling would only drive prices further down.
Very few people were shorting the major banks, and they were currently raking it in. Who would want to sell now?
“Then when do we dump it?” Wesley Langdon was still uneasy.
“With something this catastrophic, the Javenaire Federation won’t just sit back,” Owen pointed out.
At this moment, the majority of retail investors were holding their breath, waiting for the Javenaire Federation’s stance.
During this waiting period, Mira’s two stocks continued to pull in profit. Any new policies would require research, drafting, and a lengthy approval process, meaning it would take a few days at the absolute earliest.
When the market closed that afternoon and Mira’s group walked out of the exchange, they were met with a sea of despondent faces. The very air on Wall Street felt suffocatingly heavy.
Back at the hotel, Gene Kingsley asked, “Heard it was a bear market today. How much did you lose? Sigh, this stuff really isn’t meant for you Mavarians p>
The hotel housed numerous investors, so news from Wall Street spread like wildfire here.
Wesley looked at Gene like he was an idiot. “No, you’re wrong. We made an absolute fortune p>
“Impossible! Everyone else took a massive hit. How could you possibly turn a profit? I get it now, you guys have lost your minds, haven’t you?” Gene muttered to himself.
But no one paid him any more attention.
While Mira and the others were dining in the restaurant, Mishka stormed over, glaring fiercely at Hank Whitlock. “You made a profit! Why didn’t you tell me to pull out in time?” It had cost her a massive chunk of change.
Hank didn’t let Mira down. He simply looked to the side. “Security, she’s disrupting our meal p>
A man in a security uniform hurried over from the corner.
Mishka had no choice but to leave, dragged away by Miven.
“Looks like she knows better than to mess with this hotel,” Mira remarked.
Owen glanced around. “You don’t pick fights on someone else’s turf p>
The next day, when Mira and the group arrived at the trading floor, the crowd had noticeably thinned out.
Fortunately, their two stocks were still steadily declining. It seemed the collapse of Atlantic National Bank yesterday hadn’t derailed their momentum.
Hank asked Owen, “When do you think the Javenaire Federation will roll out a bailout package p>
“It shouldn’t be that fast. It’ll take at least a week, don’t you think p>
And a week’s worth of downward momentum for those two stocks would mean astronomical profits.
“Do you have a game plan?” Hank asked Mira.
“There are eyes everywhere here. It’s best if you don’t ask p>
Hank immediately clamped his mouth shut.
While everyone else was holding their breath for a move from the Javenaire Federation, Mira issued a decisive order on Friday. “Close all positions p>
“We’re not waiting for the policy announcement?” Wesley asked.
“If a policy drops, whether it’s bullish or bearish, the market will descend into absolute chaos. There are too many variables What if we can’t get out in time as
Besides, the upcoming weekend meant the market would be closed, but the real-
world economy tied to it was shifting rapidly.
Who knew what kind of storm the weekend would bring?
As they exited the market, Ethan finally spoke up. “Honestly, I’ve been wanting to close our positions for a while. We’ve already made a fortune We shouldn’t risk losing it all now p>