Chapter 1290: Chapter 441: The First Company in the United States with a Market Value Exceeding $1 Billion
Wall Street, NYSE.
It was mentioned before that Wall Street now is different from the Wall Street of future generations.
Although the power is still in the hands of those top companies, the basic market is at least dependent on retail investors, but now it’s different. Nowadays, you could say Wall Street is a small club.
Because all the power is in the hands of these large securities companies.
The interests of retail investors completely depend on how these large securities companies view the matter.
In the long history of Wall Street, the only time retail investors defeated large investors was with Donnie’s ABC.
Now, countless retail investors are eyeing the NYSE, hoping that the securities company they trust can buy Deep Sea Bank shares for them at the issue price.
But what they don’t know is that at this moment, every securities company on Wall Street is like a wound-up alarm clock, just waiting for the moment Deep Sea Bank rings the bell, and then rush into a fierce battlefield.
At this moment, they simply cannot attend to the so-called retail investors.
This sentiment has also led the NYSE at this moment to be like a battlefield.
It is different from securities companies here; securities companies can only be considered the second echelon of the battlefield, while here, the blades of all participating armies on the battlefield have already been thrust in the faces of their opponents.
When these people saw Robert Lillard, the president of Deep Sea Bank, accompanied by his wife Fiona Robert, and representatives of the four major consortiums — Morgan, Mellon, DuPont, and Astor — enter the NYSE hall together.
The silence was such that only the sound of their footsteps could be heard.
Everyone’s movements now consisted of two actions, either staring intently at Robert Lillard and others or waiting for the opening time to begin.
As if knowing what these people were thinking, Robert Lillard, although representing Deep Sea Bank, gave a speech, he did not say much, but with the moment of him ringing the bell, the entire NYSE boiled over.
Smoke of battle rolled in, sounds of fighting arose.
At this time, the main battlefield was divided into three positions.
First, the Venus Bank sales office led by Jesse Livermore.
Second, Mellon’s sales office.
Third, Morgan’s sales office.
“Deep Sea Bank, 5 million shares, 18 US Dollars per share!”
The same words resounded simultaneously in three places, such shouting, even in the already boiling NYSE like a pot of oil, shocked everyone inside.
Is this the confidence of Deep Sea Bank?
Right off the bat, 18 million shares were sold, that’s 324 million US Dollars!
You have to know, at this time, the overall market value of companies listed isn’t even necessarily reaching this value, now Deep Sea Bank directly dumps 18 million shares!
Everyone felt stimulated, but no one considered this number too large, rather they thought the shares in the first round of sale were too few.
Before this, they had received news, knowing Deep Sea Bank’s initial sale was 70 million shares, meaning Deep Sea Bank still had 52 million shares in hand, unsold.
This also means that the price of 18 US Dollars could only buy 18 million shares, those securities firms that didn’t grab those shares next have to accept the result of a price increase.
At this time, those stockbrokers, who usually wear suits and possess gentlemanly styles outside, now turned into warriors charging, what they had to do was to seize these shares at the earliest moment.
Only 5 minutes later.
This round of shares was already sold out.
And at this time, someone inside the NYSE was already shouting!
“Buying Deep Sea Bank shares at 19 US Dollars per share, as many as available!”
In an era without computer transactions, almost all transactions relied on shouting, of course, on the walls of the NYSE, there was also a long blackboard, displaying the stock price situation of all companies listed in the NYSE.
In the past, whenever someone conducted a transaction, a stockbroker would either write the number of shares they wanted to sell at a company’s position, or write the number of shares they wanted to buy at the buying position, at the same time there would be the price of this stock written on these two positions.
They would follow market conditions, specifically responsible people for changing the company’s stock price.
Furthermore, the prices offered by the different parties would also be written at the buying or selling positions, this was a process in chaos with order.
Today there was something different here, in the middle of this long blackboard, comparatively larger than other companies, was the Deep Sea Bank’s situation there.
However, at this moment, there were no trading records on it, only the display of the stock price.
There’s no way, at this moment the entire scene was watching the Deep Sea Bank’s shares, if followed by a normal operation, it would definitely be too late.
Just after someone shouted, no one responded to him at all, they were also thinking of buying Deep Sea Bank shares, who would sell at this moment?
Sale, there was only one time.
That is when the remaining 52 million shares of Deep Sea Bank are all fully sold, at that time is the real test of this stock’s price.
Looking at the surging crowd, the three companies responsible for selling Deep Sea Bank shares, at this moment once again simultaneously shouted out.
“Deep Sea Bank, 5 million shares, 19 US Dollars per share!”
The price has increased, indeed it has!
Although everyone was certain of this thing in their hearts, when they heard the official price increase for Deep Sea Bank’s shares, they couldn’t help but gasp in amazement.