Chapter 72 - 73 Stock Market Frenzy

Words : 1649 Updated : Sep 12th, 2025

Chapter 72: Chapter 73 Stock Market Frenzy "A few days ago, when David Wash, chairman of Wash Mining, was interviewed by the Los Angeles Times, he expressed his firm belief in Professor De Guzman’s theory. Our reporter rushed to New Mexico to interview him specifically." "It was discovered that the gold content was a high-quality associated ore with an extremely high mining value. David Wash said that with this copper mine, Wash Mining hopes to become a mining giant in the United States and even globally." "The ore David holds is what they dug out of the vein. He said that after determining the approximate scale and obtaining enough samples, they would submit them to the ore testing center for content testing." As soon as the Los Angeles Financial News report came out, it immediately attracted countless peoples attention, especially from institutions and individuals who are particularly interested in stocks. "Is this report in the Financial News true? Has Wash Mining really found a large vein?" "The reporters went to the mining area in person and took several photos. How could it be fake?" "So you mean Wash Mining’s stock is definitely going to rise?" "Not just rise, it’s going to skyrocket. We need to hurry up and buy Wash Mining’s stocks, or we won’t be able to get them later." Countless investors poured into the trading floor, shouting for traders to help buy Wash Mining’s shares. They did not confirm whether the information was true or false. To be honest, they didn’t have the ability to confirm whether the news was true or false, but they were unwilling to let go of the opportunity to make money in front of them, so they all bought it. Wash Mining’s stock price started to soar, In these past few days, due to Hardy’s slow accumulation, Wash Mining’s stock price has risen from a low of 0.12 to the current 0.16, almost reaching the first wave of the downtrend position. Today, in a few minutes, the stock price soared from 0.16 to 0.38 and is still rapidly climbing. Many people believe that if Wash Mining really finds a large vein, its stock will become a golden stock, and it may even rise to a dollar or two. Buy. Must buy, Hardy looked at the 1.5 million shares of Wash Mining’s stock in his hand, smiled and Called the trader he hired, "Continue to accumulate Wash Mining. Buy whenever there’s an offer." The trader, somewhat worried, advised, "Sir, the price is already very high. It’s not rational to buy at a high price for news that hasn’t been verified." "It’s okay, continue to place an order. If no one sells, add 2 cents to the base every two minutes, don’t stop." "Okay boss." The trader followed orders and operated according to Hardy’s instructions. In fact, Hardy didn’t really want to buy stocks. He just wanted to add fuel to the fire while people were crazy, thoroughly pushing up the price of Wash Mining’s stocks. By the closing time at 4 o’clock in the afternoon, Wash Mining’s stock had soared to $0.86 per share. A full 5.3-fold increase. How rare is that? not really rare. There have been many stocks in history that have increased more than ten times in a single day. David Wash listened to the report from his subordinate on the microphone and felt dizzy in his head and light in his body. Just one day. In just one day. His assets have increased five-fold, he put down the phone in a daze. Stared blankly for three seconds. Suddenly, David shouted, waving his hands wildly in the air. "Yes, hhhh! I’m a millionaire again!" "Mining? What mining? Stocks are the biggest gold mine." "I want to buy a car, find the most beautiful woman, and buy a plane to fly in the sky." David was excited for a while, then slowly calmed down, and suddenly thought that the stock price surge was all because of this report by the Financial News. But, the content in the report is false. He didn’t know if the reporters of the Financial News were trying to attract attention or misunderstood his words. He only said there might be mines, possibly associated with gold, possibly mining a huge vein, possibly becoming a top global mining enterprise. But these are just possibilities, It’s not real yet. Did he boast too much and mislead those reporters? Should he clarify? If this continues, David is afraid of trouble. After all, false is false, and he cannot create a large vein out of thin air. But when he thinks of the current stock price, his inner desires won over his rationality. If I stand up and clarify, those who bought stocks like crazy will think I deceived them and will definitely sell off their stocks like crazy. By then, Wash Mining’s stocks will be abandoned, the price may even be lower than before, and my assets will shrink again. What should I do? David’s heart is extremely tangled. No, I’m going back to San Francisco. He no longer had the heart to mine. He told the head of exploration team that he would take a plane back to San Francisco the next day. The next day when the stock market opened, Wash Mining’s stock price surged again. By noon, it officially broke through the $1 mark, and it continued to rise. David Wash stood in the trading hall, watching the price board flip continuously above him, and his adrenaline was continuously rising. Money, It’s really exciting, Calculating his assets, it’s already over $2 million. David Wash was only left with ecstasy in his heart. He really wanted to sell all the stocks in his hand now and enjoy his life, driving a sports car, drinking fine wine with beautiful women, and traveling around. Thinking about such a life made him feel wonderful. Unfortunately, He didn’t hold circulating stocks in his hand, so he couldn’t trade here. He’s a major shareholder, to sell the stocks in his hands, he had to inform the board of directors, inquire if anyone was interested in acquiring them, and pass the scrutiny of the securities regulator. In short, it required a lengthy process. Damn it. I really wish the news in the Financial News was true. But he also thought of a way to go around that. Mortgage the stocks to the bank, Get some money out and enjoy life. He had made up his mind. Wait a few days then find a bank, borrow $100,000 first to enjoy it. Stocks are still rising now, He estimates that when he goes to borrow money, $100,000 will only be one-tenth of his assets. He hadn’t been to a big city for a long time. He drove his car, called a friend, and had a crazy party at night, inviting a group of beautiful women to have fun. Fine wine! Beautiful women, Explosive music, Villa pool, Carnival night. When David Wash woke up, it was already 11 in the morning. He washed his face, had something to eat, and returned to the stock trading hall. When he saw the stock price of Wash Mining, he was surprised. Because today Wash Mining’s stock price soared again. The current price has risen to $1.44. He asked someone why it soared, and the person handed him a newspaper. It was still the Los Angeles Financial News. The newspaper unexpectedly published an interview with Professor De Guzman from yesterday, confirming and verifying his vein extension theory. The professor believed that there must be a large vein in the mountainous area, and the quantity and quality should be similar to those in Arizona. "Wash Mining finding the vein is the best proof of my research theory. I believe more people will find deposits in that area." This was Professor De Guzman’s exact words. Because of this interview, Wash Mining welcomed another surge today, jumping from yesterday’s closing of $1.06 to $1.44. Well, now it’s $1.46. David Wash pursed his lips, clenched his fists. Not saying. Absolutely not saying. Just now, he made a decision for himself, absolutely not to reveal the fact that the deposit wasn’t found. No matter what happens in the future. He wants to enjoy this moment now. Hmm, I’ll go to the bank today and borrow money. This time, borrow $300,000. By early afternoon, the stock price officially broke through $1.50, still heading higher, but at this time, it seemed to encounter upward pressure. It’s estimated that someone is selling, and the volume is not small. So for the next two hours or so, the stock price hovered between $1.50 and $1.60. At closing time on 4 o’clock, the stock price stabilized at $1.53. David Wash looked at the time, picked up the phone next to him, and called a familiar bank manager, "Hello, Mr. Simpson, I’m David Wash. Do you remember me?" "Of course, of course, how could I forget Mr. Wash?" "Congratulations on your company’s stock soaring, becoming a stock market star. What can I do for you?" "Loan." David Wash said lightly. "No problem, how much are you planning to borrow?" The bank manager agreed immediately. David Wash felt very satisfied with the service of this manager. The next afternoon, David Wash received $300,000 in cash from the bank, mortgaging about a tenth of his shares at the day’s stock price. Then David plunged into the casino. Played heartily all night. After losing more than $100,000, the next day he held a grand party at his own home, with even more people coming—nearly a hundred, there were countless beautiful women. No other reason, just crazy fun. David Wash had a carefree time these days. This chapter is updated by freew(e)bnovel.(c)om

Chapter 72 - 73 Stock Market Frenzy

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