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AliNovel > The Son-In-Law Shot to Fame (Donald and Jennifer) > Chapter 896 Counterattack

Chapter 896 Counterattack

    Chapter 896 Counterattack


    Financial warfare could be described as both straightforward and challenging.


    The simplicityy in the fact that if the initiating party held the advantage of taking the first move and


    possessed substantial financial resources, there was little possibility of failure for them in the


    financial warfare.


    After all, by consistently pouring money in to drive up the stock price, as long as individual investors


    were willing to follow suit, the market price would remain above the average level.


    In other words, the withdrawing party would always make a profit, but the higher they elevated the


    price, the more severe the subsequent fall would be. As for the target of the financial attack, the


    consequences would be even more devastating.


    The target price set for the Downey family''s financial attack was hundred and fifty.


    The majority of the individual stockholders would be unable to keep up with the Downey family


    when the Downey family abruptly withdrew at that price. The individual stockholders failed to be as


    synchronized as the Downey family, so Dragon Fide Corporation''s market value rapidly declined.


    Yet, what surprised the Downey family was how the stock prices stopped increasing after the price


    arrived at a hundred and forty-nine and a half.


    N?vel(D)rama.Org''s content.


    This strange scenario resembled a surging wave that suddenly halted at a certain point, no longer


    continuing its ascent.


    A sense of foreboding rose within Wilfred.


    Could someone be mass selling the stocks now?


    Just as that thought emerged in Wilfred''s head, Dragon Fide Corporation''s stock prices began


    plummeting.


    Serena, who was in charge of the financial attack, panicked.


    “Sir, the stock prices have dropped until a hundred and forty. Do we continue, or do we sell the


    stocks?”


    Continuing meant continuously pouring money into their n to rapidly drive the stock price back up


    within a short timeframe to restore confidence in individual stockholders and entice them to continue


    purchasing the stocks.


    On the other hand, if they were to sell the stocks, they would be giving up on their target price and


    only gaining a marginal profit.


    Yet, Wilfred had meticulously prepared this for a long time, coborating with the Ten Prestigious


    Families tounch a substantial attack on Dragon Fide Corporation. If he were to only make a


    marginal profit and withdraw, how could he face the rest of the Ten Prestigious Families in the


    future?


    “We''ll continue!”


    Wilfred clenched his teeth and dered, “I refuse to believe that Dragon Fide Corporation can


    withdraw such a substantial amount of capital in such a short time. This stock price isn''t even a big


    deal! I will invest as much as possible. Push the price even higher!”


    With Wilfred''s directive, Serena swiftly took action and invested all the remaining funds she had into


    the market.


    The downward momentum of Dragon Fide Corporation''s stock price stabilized, but there was no


    immediate rebound in the overall price.


    Observing this, Wilfred grew increasingly anxious.


    The individual investors were not naive either. With their past experiences, they could discern that


    significant yers were engaged in a power struggle behind the scenes when they witnessed the


    stock price fluctuating drastically before stabilizing at a particr level.


    In no time, the stock prices fell again.


    However, this time, it was not due torge-scale selling from the major yers. Instead, it was due


    to the individual investors, who had begun liquidating their shares.


    Upon witnessing this scenario, Wilfred swiftlyprehended that the situation was beyond repair.


    He clenched his teeth and instructed Serena, “Set the price at a hundred and thirty and sell all the


    stocks we are holding.”


    The average stock price for the stocks they held was eighty, so even if they sold them at a hundred


    and thirty, they would still make a profit.


    However, what left Wilfred feeling frustrated was the rming speed at which the stock price was


    plummeting.


    Serena did not even have the opportunity to set the price before it dropped below a hundred and


    thirty.


    “Sir, we can''t sell them at a hundred and thirty anymore.”


    “Then set it at a hundred and twenty! Do you actually need me to tell you what to do? Are you an


    idiot?”


    While Wilfred was losing his temper, Dragon Fide Corporation''s stock prices fell below a hundred


    and twenty.


    This time, Serena did not ask Wilfred before setting the price at a hundred.


    s, the price drop was far quicker than she imagined. Just as she set their stock prices as a


    hundred, the price fell to a mere eighty-nine.
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