America 1919-Chapter 983 - 335. Creating Myth_2
"fuck!" Dick Cummings couldn’t help but curse.
This is the situation now. Those audiences seem to have been brainwashed by these actors and have begun to frantically buy United Artists stock!
When this force concentrated in the stock market, something astonishing happened for countless brokerage firms.
United Artists broke the unspoken rules of Wall Street, the stock price had already begun to surge even without the backing of these brokerage firms!
"Immediately notify our people, let them persuade their clients, tell them that United Artists is a garbage stock and absolutely not worth buying!"
Dick Cummings shouted loudly.
"It’s too late!" Mario Gibbs sighed and then came to one side of Dick Cummings’ office, where a radio was placed.
Mario Gibbs turned on the radio and tuned it to ABC’s economic channel, where the host’s voice came through.
The content reported by the host was about United Artists going public.
"So far, United Artists’ stock price has reached 27 cents per share. It is evident that the market is very receptive to this star stock. The news from NYSE is that United Artists’ stock has already become the most lively stock in the NYSE, and everyone is thinking about buying even a single share of United Artists..."
Listening to the content on the radio, Mario Gibbs said to Dick Cummings: "Boss, quite a few stockbrokers have already told me that their clients have severely warned them. If they cannot buy United Artists stock for them, those clients will switch to other securities firms!"
Dick Cummings slumped into the sofa, then downed a whole glass of whiskey.
"Why?" Dick Cummings didn’t understand the current situation because it completely overturned his understanding of the stock market. Wasn’t the rise or fall of any stock decided by these brokerage firms?
"When did these retail investors become the main force?"
Mario Gibbs cautiously reminded Dick Cummings: "Boss, when ABC went public before, Donnie used retail investors to break through the siege laid by Morgan, Rockefeller, and other forces. Also, when Venus Bank acquired Sinclair Oil, Donnie used retail investors to impact Sinclair Oil’s stock price first, successfully leading to the acquisition!"
Dick Cummings’ memory immediately returned to these two events.
Finally, he said feebly, "Without ABC, Donnie couldn’t have achieved these things!"
Mario Gibbs nodded and said: "Boss, now is not the time to dwell on these matters. Shouldn’t we give our clients an explanation?"
Dick Cummings showed a bitter smile: "What else can we do now? Buy in!"
At this point, it’s no longer within Dick Cummings’ control. Under Donnie’s orchestration, the surge in United Artists’ stock price had become an unstoppable trend.
.
"Brilliant!"
Jack Morgan also finished listening to his subordinates’ reports at this time, showing an expression of amazement.
"It’s more than brilliant; it’s seamlessly interlinked. Donnie has calculated every step!"
George Whitney, sitting opposite Jack Morgan, also sincerely admired.
"First, there was Trident Shipyard going public, giving ordinary people the impression that companies under Venus Bank would inevitably surge in value after listing. Then they heavily promoted Griffith and Jessica Dole’s movie, which also set a new box office record, once again impressing the ordinary investors that film companies are too profitable!
Finally, leveraging the sensation brought by the actor effect and the urgency conveyed by ABC’s timely reportage, it made those retail investors feel that if they didn’t act, they would miss out on such a quality stock.
Throughout the entire process, Donnie can be said to have taken everyone’s thoughts into account!"
After hearing George Whitney’s analysis, Jack Morgan couldn’t help but nod and said to George Whitney: "George, Donnie’s actions this time have given us a great deal of insight. You need to inform our people to thoroughly analyze Donnie’s arrangement for United Artists’ IPO!"
George Whitney immediately nodded.
"Also, you should find a Hollywood film company immediately, one with well-known artists!"
Jack Morgan reminded George Whitney!
George Whitney looked at Jack Morgan in confusion, not understanding what he meant.
"Didn’t you notice? During United Artists’ listing process, Charlie Chaplin, Douglas, Griffith, Jessica Dole, all played a significant role. We are here analyzing the success of United Artists’ IPO; other companies will certainly do the same. My hunch is that Hollywood actors will become the darling of capital during this period!"
With Jack Morgan’s explanation, George Whitney understood the key!
"I’ll go and handle it right now!"
Jack Morgan smiled and nodded.
After George Whitney left, Jack Morgan dialed Donnie at the ABC office.
"Block, congratulations, you’ve created another legend!"
Receiving Jack Morgan’s call, Donnie also smiled and said: "We should be congratulating each other. The successful IPO of United Artists gives a greater likelihood of success for our next plans!"
Jack Morgan naturally understood what plan Donnie was referring to, laughing out loud, "Indeed, perhaps we should meet next for a discussion on the following steps!"
