The mage in the late Qing Dynasty

Chapter 429 Our school convinces others with virtue

We don't need to control it, someone will do it for us. Zhao Chuanxin said calmly.

What if their money is not enough to increase the stock price? Thomas W. Lawson was not confident.

Zhao Chuanxin said: Bring the market research I asked you to do before, and call Jesse over by the way.

When it comes to making quick money through clever tricks, Thomas W. Lawson is a master.

But when it comes to picking out the details, it’s Jesse Livermore.

Thomas W. Lawson was unhappy because he felt he could do the job all by himself, even though he was friends with Jesse Livermore.

But he still obeyed, knocked on the window, called his secretary, and gave some instructions.

Not long after, the secretary brought a stack of information and said, I have notified Mr. Livermore.

Before leaving, he looked at Zhao Chuanxin curiously.

At this time, Zhao Chuanxin was looking down at the information.

After the secretary left, Zhao Chuanxin tapped the information with his index finger: Did you see it? Judging from the circulating shareholdings of United Copper's retail shareholders at this time, as long as the Heinze brothers and Morse enter the market, they will They still have the ability to temporarily increase the stock price. But they will never be able to manipulate this circulating shareholding to the end. So, you don’t have to worry at all.”

Jesse Livermore lived nearby during this time and arrived soon after.

Like Zhao Chuanxin, he dressed very low-key, lowered the brim of his hat, and even looked sneaky.

After coming in, he showed a happy expression when he saw Zhao Chuanxin.

Hello boss.

He just took off his coat, but like Zhao Chuanxin, he didn't take off his hat. He just wiped the sweat from his forehead with a handkerchief.

Zhao Chuanxin nodded: Sit down, I'm discussing with Thomas to hold a long position in United Copper's stock.

Sure enough, Jesse Livermore was not as worried as Thomas W. Lawson.

In fact, most stock investors are like Thomas W. Lawson. When they are bearish on the market, they only focus on short selling. If they hold long positions for a day, they will feel uncomfortable.

But Jesse Livermore is a qualified trader, who is calm and calm no matter whether he is short or long.

He looked at the information and nodded: I think the Heinze brothers and Morse have the ability to temporarily increase the stock price. You see, we have investigated that Morse went through 5 national banks and 10 state banks. He has funds in accounts with 6 trust companies, forming an asset pool. From this scale, his total assets can be roughly estimated. In addition to the assets on hand, I found out through connections that the Heinze brothers pledged a large number of stocks in Montana. The bank cashes out. The amount of funds pooled by several forces is still considerable. Without the forward-looking vision of the boss, I would not even dare to short-sell United Copper’s stock price at this time.”

The deeper he investigated the Heinze brothers and Morse's capital pool, the more Jesse Livermore became worried.

If Zhao Chuanxin's vision is no longer accurate and United Copper's stock price continues to soar, they may liquidate their position and lose all their money.

But firstly, there is Zhao Chuanxin’s “prophecy”, and secondly, there are the investigation results of the steel industry.

This kind of investigation is directional and forward-looking, so Jesse Livermore can still look at the direction of the stock market objectively.

Thomas W. Lawson sighed secretly.

Could it be that he has become timid?

Is it true that my ability cannot keep up with Jesse Livermore?

He refused.

He asked: Okay, let's assume that United Copper's stock price will rise briefly. We are long. Now United Copper's stock price is about $34. When are we going to sell?

This is a very serious problem.

If you miscalculate the timing of your move, you may get stuck.

In fact, Zhao Chuanxin knew that United Copper's stock price would soar to at least $60.

Yes, it’s so crazy to go from $34 to $60.

But he still wanted to hear their opinions.

Jesse Livermore took a piece of paper and wrote on it: We have to consider it from two aspects. The first is their asset pool, but this can only be a rough estimate. They start from raising the stock price. , we don’t know how many steps it will take when the short squeeze appears on the chart. But generally speaking, my calculation is that the short squeeze will start when it reaches at least $50.

The second is their network of relationships. Heinze pledged his shares in the Bank of Montana to cash out, and the Bank of Montana had business relationships with the Bank of Commerce. Morse was a director of the Bank of Commerce and also held shares in the Bank of Montana. We must consider that once the market crashes, it will be a bloodbath, and there will be a run on people because they no longer trust them, so we must sell the stocks before the peak and go short.

Therefore, I estimate that the selling price of United Copper shares will be $45.

Thomas W. Lawson sighed for real this time.

It was impossible for Jesse Livermore to plan so thoroughly in such a short period of time. He must have had plans in mind long ago.

A year ago, before the San Francisco earthquake, Jesse Livermore wanted to short the market, but he still relied on his own guidance.

But in just one year, Jesse Livermore has grown to this point.

All he had to say was, I agree with Jesse.

Both of them looked at Zhao Chuanxin.

Although he was calm on the outside, Zhao Chuanxin was actually a little excited in his heart.

He said: My estimated peak for United Copper's share price is US$60. Especially with our participation, the price may exceed US$60!

This is actually inevitable.

Zhao Chuanxin also has a lot of money.

Just the small amount of assets previously borrowed and sold short reached 2.68 million U.S. dollars. Add in the 670,000 earned, and it has reached a considerable 3.35 million.

Compared with the 21st century, this amount of money is equivalent to between 67 million US dollars and 83.75 million US dollars in later generations. This is only a rough estimate of purchasing power. If the comparison of material abundance is included, this amount may be more than 80 million US dollars. More.

And this is just part of Zhao Chuanxin's capital chain.

Jesse Livermore frowned: Boss, isn't this a bit risky?

Zhao Chuanxin nodded: It is a bit risky, and it will take time to sell the stock. Therefore, I think the selling price is just right at 55 US dollars. At that time, the waiting investors will definitely go crazy because of the soaring stock price. When the stock price When it reached its peak, we happened to run out of stocks.

Going long and short are straightforward.

So it's going to be very busy for sure.

Jesse Livermore hesitated: Boss, J.P. Morgan went to Richmond, Virginia yesterday to attend the triennial Episcopal Conference. Then I...

Today is already October 4th.

J.P. Morgan, the bully, has left New York.

Jesse Livermore didn't want to miss the final big fight.

Zhao Chuanxin softened his heart when he saw the praying look on his face.

Originally, in history, Jesse Livermore had a place in this game.

It was still because of the appearance of Zhao Chuanxin that J.P. Morgan restricted Jesse Livermore's actions.

Zhao Chuanxin said: Since old Morgan has gone to another place, be careful.

Jesse Livermore was delighted.

Thomas W. Lawson said: Boss, during this period, you should also come here to take charge!

The plan of the three people is very precise, like the gears of a clock. Once something goes wrong in any link, it will be irreversible.

Thomas W. Lawson was also under pressure at this time, but Zhao Chuanxin was here. Firstly, it would give him peace of mind. Secondly, if something went wrong, at least Zhao Chuanxin would be involved in the whole process, and his responsibility would be smaller. .

Zhao Chuanxin thought for a while: Okay, starting from tomorrow, I will move here and live here.

He picked up his coat and had to go back to pay back the money today.

After a short delay, it was afternoon.

Thomas W. Lawson invited: Boss, why don't I treat everyone to a meal and have a round of drinks in the evening?

Golden sunlight shines through the west window on the corridor outside the reception room.

Zhao Chuanxin knew that his future capital would come to life in this temporary office that was dyed golden by the afternoon sun.

He stood up and shook his head: It's okay for you two to relax, but I don't have to. Shoot at three o'clock in the morning and evening, and a magazine in the morning and evening. I have to seize the opportunity to train another major asset in life.

An important training ground for American Iai - the backyard of Arthur Gompers' home.

Margaret Gompers lay on Zhao Chuanxin's shoulder: Master, look at the sunset. My mother said that the sunset is the shawl that the goddess just put on.

Zhao Chuanxin let the smart gyroscope climb up his forearm, and pressed the Mosin Nagant wheel on his waist: Anyone who is not a goddess is the master's stinky sister! Okay, plug your ears.

It won't make any noise at all, I won't block it.

Zhao Chuanxin stood still. He had broad shoulders and held a little girl on his left shoulder. He first opened the hammer with his right hand, then took out the gun without any hesitation and fired.

Because he was afraid that the movement of his left hand would shake the little girl off, he only fired once.

boom!

Hit the target!

Perhaps because of the speed, he didn't feel the assistance of the smart gyroscope.

The gun was rotated twice on the index finger, inserted back into the holster, cocked the hammer and ready to fire.

boom!

Hit the bullseye again!

If you do this repeatedly, you will be hit by the gun!

Until empty.

Zhao Chuanxin was very satisfied, and that feeling came back.

Unfortunately, it can only be ten meters!

It's not a good place to use a rifle because it's too loud and the target is too close.

Zhao Chuanxin saw that he was hitting the target every time, and felt that it was not interesting, so he used a small ejection stick to remove the bullet casing and reloaded the bullet.

Then he put the little girl down and said, You can play by yourself. When the sun goes down, come back and eat.

With that said, he went back to the house.

Margaret Gompers looked at the blurred lines on the ground that were trampled by Zhao Chuanxin, then ran to the wooden pier and dragged the hand ax over.

She first stepped on her beautiful little leather shoes to wipe out the original line on the ground, and then took a few steps back to draw the line again.

After drawing it, she pinched her waist with both hands and nodded like Zhao Chuanxin usually did: Well, not bad, this is much better!

Then he dragged the hand ax back and ran home quickly.

the next morning.

Margaret Gompers practices balancing in the backyard with her master.

After practicing, she hurried back to wash up and eat because she had to go to school today.

Zhao Chuanxin told her: The elementary school you go to is a mixed school, right? If someone bullies you, remember to convince them with virtue. Our teacher refuses to punish them without teaching!

Master, do you want to kill them?

Zhao Chuanxin coughed violently: All you need are fists and kicks. If necessary, you can use a stick. Don't bully honest people. I'll cut whoever cries!

I understand, Master!

Margaret Gompers picked up a small wooden stick in the corner of the backyard, and then ran back.

After Zhao Chuanxin finished practicing the balancing technique, he stood at the marked line, put on a smart gyroscope on his forearm, and fired six bullets as usual.

When he lowered his head to pick up the bullet casings on the ground, he suddenly saw a line in front of him that had been rubbed away, leaving only a faint mark.

He froze.

His eyes continued to move forward and he saw traces of the second line.

After measuring the distance between the three lines,

The corners of Zhao Chuanxin's mouth twitched slightly:

This little bastard!

He took the shell casings back and threw them in the trash, packed up his things, and went to Wall Street.

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