Chapter 1292: Chapter 441: The First Company in the United States with a Market Value Exceeding $1 Billion
That is to say, the market value of Deep Sea Bank has now reached 7.5 billion US Dollars!
But everyone knows this is not the final price.
A few other calls fell into silence. Originally, in their plan, the last wave of Deep Sea Bank’s stocks was to be sold at 25 dollars per share, but now the last wave has yet to be sold, and the stock price of Deep Sea Bank is steadily rising.
At this moment, all shareholders of Deep Sea Bank no longer doubt one thing: that is, Deep Sea Bank will become the first company in the United States with a market value exceeding 10 billion US Dollars.
Even in the current bull market for US stocks, no company’s market value has exceeded 10 billion US Dollars.
Originally, according to the bull market situation, perhaps in the next one or two years, a company with a market value exceeding 10 billion US Dollars would appear in the United States, but no one knew that the stock market would soon enter a Great Depression period.
This Great Depression period was extremely severe.
Let’s put it this way: in August 1929, the Dow Jones Index reached a historic peak of 380 points, and by 1932, the Dow Jones Index had fallen to 42 points. This situation directly led to a large number of US bonds being defaulted, and during this period, 40% of the banks in the United States closed down.
It wasn’t until Eisenhower took office that the United States ushered in a new round of golden era, a period also known as the ’Three-Martini Lunch era’.
It was also during this period that the first company with a market value exceeding 10 billion US Dollars truly appeared in the United States, which was the General Motors Corporation.
With this background, it is now clear that if Deep Sea Bank really breaks through the 10 billion US Dollar market value at this time, it will bring about what kind of impact on this era.
It is foreseeable that during this period, US stocks will definitely be in a highly prosperous era, perhaps even surpassing the prosperity on another timeline. Of course, when this bubble prosperity is burst, US stocks will definitely face a more miserable situation than on another timeline.
But all of this is not Donnie’s concern. As long as he makes preparations in advance, stocks up enough cash before the coming of next year, then after the Great Depression period arrives, the Venus Bank, holding massive cash, will be a giant deep-sea whale, and as long as it opens its mouth, countless companies will fall into Venus Bank’s hands.
"I think it can be done!"
When Donnie spoke, he could clearly hear the urgent voices coming through several phone lines.
dollars per share, that’s a market value of 9 billion US Dollars. With the market heating up, today is indeed going to be a day recorded in history.
The first company in the United States to break through the 10 billion US Dollar market value is about to appear!
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New York, Wall Street!
Austin Miller’s eyes were already bloodshot. Up until now, their company had snatched 800,000 shares of Deep Sea Bank’s stock, at an average acquisition price of 25 dollars.
There is still a gap of 200,000 shares from the target of 1 million shares he set earlier, the key point being that the bottom price has already exceeded his previously set 25 dollars a share.
Everyone was staring at Austin Miller, wanting to see what their boss really thought.
"Buy, buy, buy, set the purchase price at 30 dollars a share for me!"
Austin Miller was already mad, he had long gone beyond any bottom price in his mind, and the only thing he wanted was to buy Deep Sea Bank’s stocks.
Hearing Austin Miller’s roar, the crowd began to go crazy again.
"I always thought those consortium people were just talking, but I never thought it was true, that these people could really gather so much cash in such a short time?"
Even though it was long known that the stock price of Deep Sea Bank would reach a terrifying height, Bass Orlando was still terrified by the situation.
Up till now, three issuing companies had sold 45 million shares of Deep Sea Bank, but it was still being frantically snatched up.
As a securities company, they ultimately only managed to grab 800,000 shares, and this shows how brutal the competition inside is.
What Bass Orlando didn’t know was that those consortiums lurking behind, frenziedly grabbing Deep Sea Bank, didn’t have time to think about these things at all.
They were even crazier than ordinary securities companies.
Monopoly represents huge profits, they fully understood that they couldn’t have real say in Deep Sea Bank, but as long as they had enough Deep Sea Bank shares, it meant they had a chance to get on the table.
At that time, they would no longer be leeks, but people qualified to share the cake.
More importantly, taking advantage of this opportunity, they might be able to enter Florida, as long as they could leverage Deep Sea Bank’s influence, capturing any industry would bring them infinitely close to a monopoly.
The wealth within is unimaginable.
Everyone went crazy!
When the last 15 million shares of Deep Sea Bank were released, almost instantly, they were snatched up!
And at this time, the three issuing companies also announced that all the stocks on sale had been sold out.
This was unacceptable for those waiting for the remaining 10 million shares.
But no matter how much noise they made, no one paid them any heed.
More shrewd people started shouting out high prices for acquiring Deep Sea Bank stocks.
When the time approached the morning closing, Deep Sea Bank’s stock price broke through to 35 dollars per share.
When everyone saw this price, they were stunned for a moment, knowing what it represented.
It represented that the first company in the US stock market with a market value exceeding 10 billion US Dollars had appeared!
At this time, applause erupted, first from a corner, then followed by a burst of applause throughout the audience.
The people present at this moment had become witnesses of history!