Greece’s Roman Road

Chapter 289: frenzied stock market

August 21, Athens Exchange Hall

After the exchange opened at nine o'clock, the trading floor was crowded with people who came to trade stocks.

In front of the scribe Matler, people who bought stocks were crowded, and on the blackboard behind him, a vertical column of chalk-written numbers represented the stock prices of Andros Machine Works: 5.11, 5.13, 5.17, 5.19... ·

"5.2, I want 300 shares"

"5.21, 4100 shares"

As the price continued to rise, the people crowding around Matler had high emotions and high buying sentiment, and the prices they shouted were also rising.

Since there were too many people buying the Andros Machinery Factory stock, the scribe Matler was very busy, with fine beads of sweat oozing out of his forehead. He wiped his forehead with his left hand, but kept writing the quotation with his right hand.

Looking at Andros Machinery Factory's stock, which has just been listed today, the price has been rising all the time, captured by the crazy price, and several investors who are watching from a distance are discussing in a low voice.

"How come the stock price of Andros Machinery Factory has risen so fast? It's too weird. Is there any news that I don't know about?" Companion asked.

"As far as I know, the operation of this machinery factory is not good, the product line is mixed, and the profitability is poor. Why are people so eager for this company's stock? Instead, it is Philip Pharmaceuticals, Tesla Power Group, such big companies. , the profitability is so strong, and it is the largest company in Greece. Every year, there are huge dividends for shareholders. How can the stock price of such a high-quality company plummet?"

"Paul, it doesn't make sense," the man said unhappily.

Thinking about the stock worth 20,000 drachmas that I bought, I have lost a quarter of it. I thought that these two companies, as the most well-known companies in Greece, are high-quality assets. As a result, after the market opened today, the price plummeted. Not only that, the mood is dull.

On the contrary, it was the Andros Machinery Factory that I was not optimistic about. The price went up all the way. Comparing the two, I felt even more annoyed.

The young man called Paul wore a pair of gold-rimmed glasses with a shrewd and capable temperament, and said with a smile: "Buying stocks is based on the prospects and expectations of the company. It is not a good company's stock. can make money"

"Reputable companies such as Philip Pharmaceuticals and Tesla Power are known to be good targets, and their stock prices are already high."

"Now that the war is over, it is impossible for the army to have a large number of orders for them. For these two companies, the good days of the surge in orders during the war are over. This situation will naturally affect the stock prices of the two companies. Come on," Paul said in a relaxed tone.

Thinking that after learning the news that Andros Machinery Factory was going to go public, he immediately snapped up 12,000 shares at a high price when the market opened in the morning. Now it really confirms his conjecture. make a fortune.

Looking at the blackboard surrounded by crowds, the rising prices, and the frenzied buying crowd, Paul was overjoyed and applauded for his wisdom.

"Now that the war is over, the car that Andros Machinery Factory has put into production is a best-selling product imitated by the American Ford Company, and it has now been put into the market." Paul analyzed the intelligence to his companions in a brisk tone.

"Cars are an emerging industry now, and the market prospects are very bright. In wealthy regions such as the United States and Western Europe, the rich are rushing to buy cars as a means of transportation. As far as I know, in big cities such as Paris, cars have already replaced horse-drawn carriages. , emerged as a new urban means of transport"

"It is said that among the middle-class families in the United States now, the car is an essential family means of transportation"

"And this Andros Machinery Factory is the only car manufacturer in Greece. It has no competitors at all. With such a good market prospect, do you think the company's stock can grow high?"

Speaking of this, he approached Otto's ear and whispered, "In addition, there is news. According to a reporter friend I know, this company has won a large order from the Army."

Speaking of which, Otto paused for a while, looked around carefully, and only after knowing that no one in the vicinity was paying attention to the two of them, did he say carefully: "I heard that this company has been commissioned by the army and hired to produce thousands of vehicles for the army. trucks to replace mules and horses in the army"

"In addition to trucks, there are also new types of armored vehicles for the army to experiment with"

"If Andros Machine Works can succeed, it could become Greece's largest arms supplier"

Hearing this, Otto's face was full of surprise: "Is your news reliable, isn't it a rumor?"

Paul's news surprised Otto. If the news Paul said is true, then even if the stock of Andros Machine Works is extremely high, it is still a good investment opportunity.

It's just that the news I told Paul in my heart was full of doubts. I was worried that it was a rumor that someone deliberately released.

The stock exchange is a place full of lies and deceit. It is not uncommon for the spread of news to be true or false, and to deliberately spread rumors to achieve their goals.

"Otto, if you want to be successful in the stock market, you must keep a keen eye for the latest news"

"The faster you get news, the greater the chance of success. News that everyone knows has no value for us investors." Paul seems to be admonishing Otto, and he seems to be in Admonish to yourself.

In order to obtain the exact information that Andros Machinery Factory accepted the army order, Paul gritted his teeth and paid the reporter who was said to have interviewed the high-level Greek army, 300 drachma, just to ensure the accuracy of the information.

Thinking of this, Paul said with emotion: "In the unpredictable market, the latest news is money, and the famous Rothschild family, isn't it just using news to make a fortune?"

On June 18, 1815, the French army under the command of Napoleon and the anti-French coalition under the command of the British general Wellington started a war at Waterloo, Belgium.

Seeing that Napoleon's army was defeated, an Englishman named Ross Woods quietly withdrew from the battlefield, rushed to the port of Ostend, and jumped on a fast boat with a special pass.

Early the next morning, he landed at Foxton, England, and hurriedly told Nathan Rothschild, who was waiting there personally, of the French defeat.

Without saying a word, Rothschild hurried straight to the London Stock Exchange.

Rothschild was a business man who knew that the outcome of the Battle of Waterloo was not only of great military significance, but also had far-reaching implications for the financial world.

If Napoleon wins, France will become the master of Europe, and the price of public bonds issued by the British government (in order to build an anti-French alliance, the United Kingdom has been using gold dollars to attack, waving banknotes, and inciting European countries to fight against France), the price will plummet;

Conversely, if Wellington wins, Britain will dominate Europe and British government bonds will soar.

Because there were no communication equipment such as telephones and telegraphs at that time, on the eve of the war, he did not hesitate to send a number of intelligence personnel to Waterloo, constantly sending the progress of the front line back to London.

Because of this ~www.wuxiahere.com~ Rothschild knew the outcome of the Battle of Waterloo earlier than anyone.

After rushing back to the London Stock Exchange, he kept calm and first sold a large number of British government bonds, in order to induce a large number of government bond holders to sell wildly with him, so that the price of British government bonds began to fall rapidly, and the more people fell, the more people followed. form a vicious circle.

In less than half a day, the price of British government bonds was only 7% of the original price. At this time, Rothschild turned to buy British government bonds in large quantities.

News of the British victory at Waterloo did not reach London until three days later.

At this time, Rothschild had become the largest creditor of the British government because of his large amount of British government bonds, and firmly controlled the economic lifeline of the British Empire.

The Rothschild family relied on a piece of news to earn a lot of wealth. This story has also become a wealth myth widely circulated in the securities market.

Paul continued to recite and said: "So, Otto, you have to pay attention to the latest news in the future, but you must... Hey, people?"

Turning his head, he saw Otto's shadow beside him, and he had long since disappeared.

After searching carefully, Paul discovered that Otto had already squeezed into the crowd, waving his arms at the scribe, and shouting: "5.52, I want 10,000 shares of Andros Machine Works"

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