After a week of having its price blown up, Skyward Aluminum had now become a hotspot in share market A.
All investors knew that there were dealers trying to fight for control in this company.
Therefore, both retail investors with idle funds and organizations are trying to do everything they can just to get their hands on even a slight portion.
In truth, these past few days, investors who had shares in Skyward Aluminum had indeed made a lot of money.
Jasper alone had thrown in more than two billion Somer Dollars, while Conrad had thrown in 1.5 billion.
Jasper did not care though, for this was all Gale’s money, after all.
That morning, Gale had transferred another 1.5 billion over to assist Jasper.
Jasper was truly impressed by Gale’s wealth.
Work was much easier this time compared to the other trades he had done in stock markets before.
All he had to do was buy.
It was not his money anyway, so Jasper immediately bought all available shares the moment the market opened with nothing remaining.
Such a transaction instantly caused the share price to increase.
“Holy sh*t. It’s going to rise to the limit in five minutes with how you’re buying the shares. How are you planning to buy 5% of the shares?” Henry asked in shock when he saw the scene upon his arrival.
Jasper smiled. “I have my ways.”
With that, Jasper then canceled all transactions that had yet to be confirmed backstage.
There was a sudden stunt in the momentum of purchasing.
At that, retail investors who were filing in maddeningly were instantly stunned.
An extremely expensive order had been canceled. Did that mean the share price had reached its maximum?
At the same time, Jasper called Jake.
“You can release the news now.”
A few minutes later, the news spread like wildfire among the investors.
[JW Capital and Haddock Mining Group have come to an agreement regarding Skyward Aluminum. They’ve decided to cancel their plans to merge and acquire Skyward Aluminum.]
There was no need for a formal statement for the investors to feel panicked. They immediately sold all their shares.
Over the past week, Skyward Aluminum had already risen to the limit seven consecutive times and the market had closed every business day with the prices rising to the limit.
Anyone with the slightest sense of stock speculation would know that any single share could have their market price increase by 95% after rising to the limit seven times.
Skyward Aluminum that once had a market price of 30 billion was now approaching a market price of 60 billion. It was almost twice the amount it started with.
It was a miracle.
Yet at the same time, this news had frightened the investors who had calmed down amidst the frenzy. The share price was just too high now.
A pause in an upward trend was followed by none other than a revengeful drop.
As such, investors all began to sell their shares crazily.
Even a few large organizations within the country had sold their shares as well.
