Chapter 1291: Chapter 441: The First Company in the United States with a Market Value Exceeding $1 Billion
Before Deep Sea Bank went public, everyone was certain that its market value would soon become the highest among US stocks.
At 18 US Dollars per share, with 300 million B shares, the market value of Deep Sea Bank has already reached 5.4 billion US Dollars, placing it third among US stocks.
Now, with a rise to 19 US Dollars per share, Deep Sea Bank’s market value will reach 5.7 billion US Dollars, not far from the second position.
And it’s worth noting that this calculation doesn’t even include the value of A shares!
This thought was fleeting, and quickly investing in Deep Sea Bank’s stock was the right move, because given the situation, the stock price of Deep Sea Bank is expected to rise further.
“I have never seen such an occurrence on the NYSE!”
Jesse Livermore stood there, looking at the crowd around him, unable to stop himself from marveling at how no company had ever caused such a sensation upon going public.
As a core member of Venus Bank, Jesse Livermore knew that although Deep Sea Bank promised to offer 70 million shares publicly,
in reality, only 60 million shares were available for purchase, with the remaining 10 million shares reserved for insider trading among major financial families.
For example, the Deep Sea Bank stocks bought by the Harrison family from Tang Fei were part of these 10 million shares.
This means half of the stocks have already been sold, and the rest is left to see who moves quickly!
Crazy trading continues, further boosting Deep Sea Bank’s stock price.
The stock brokerage where Bass Orlando works went crazy at this point.
“Boss, the stock price of Deep Sea Bank has already reached 21 US Dollars!”
Bass Orlando had just hung up the phone after a conversation with the company’s NYSE stock broker.
Immediately, a dedicated team wiped off the previously written 19 US Dollars and updated it to 21 US Dollars.
Austin Miller’s eyes were red, resembling someone after a fierce battle, but more like a beast.
“I don’t care about the price; I just want Deep Sea Bank’s stock!”
This nearly roared statement was Austin Miller’s urgent demand.
At this moment, he seemed to forget the price he had set earlier, where 25 US Dollars per share was a threshold.
“Isn’t this a bit too exaggerated? Even if you buy it, you won’t make much money?”
Bass Orlando dared not actually voice this thought.
If he asked Austin Miller this after the fact and Austin Miller was in a good mood, he would surely explain.
“Look, while Deep Sea Bank’s stock price isn’t soaring, remember that while our field is akin to gambling, odds matter. There’s definitely one that will earn big, but you can’t guarantee these high-priced stocks will stay at such levels. Deep Sea Bank is different.
With its background and business model, everything indicates the company’s stocks will stay stable. This means even with a rise, the price won’t easily drop. Even in a stock market crash, its impact would be minimal given the positive US stock climate.
Think about it like this: buying Deep Sea Bank stocks, the only concern is how much profit you’ll make in this trade, not worrying about losses.
This is no longer gambling; it’s like collecting money with a bag. What would you do?”
In this world, any investment carries risk.
This is almost a rule, but this rule seems absent with Deep Sea Bank.
As a consortium monopolizing all livelihood businesses in Florida — finance, real estate, tourism, and various sectors — a stock price decrease isn’t a business issue solvable internally.
To make this happen, only administrative measures could work.
Look at Deep Sea Bank’s influential families: Morgan, Venus, Mellon, DuPont, and Astor. Apart from Astor’s slightly weaker strength, any of the others can sway political affairs.
Some time ago, when presidential candidate Al Smith attempted to impact Deep Sea Bank’s IPO, the opposition needed only one move to make Al Smith retreat and avoid Deep Sea Bank henceforth.
That’s the perception surrounding Deep Sea Bank now.
Frankly speaking, asserting Deep Sea Bank as the most resilient company in the United States isn’t an exaggeration.
This is precisely why everyone wants to buy Deep Sea Bank stocks… and this is just part of the reason.
.
Donnie leaned against his office sofa, a mild smile on his face, while all four phones on his desk were in call mode.
Since resolving the Woburg Family situation in Europe, Tang Fei employed this strategy, which Jack Morgan and others favored.
“It’s already 25 US Dollars per share!”
Walker Astor’s voice came through one of the phones, loudly asking, “Should we set the final wave to directly raise our stock price to 30 US Dollars?”
Two hours have passed since Deep Sea Bank went public.
Deep Sea Bank’s stock sale hasn’t concluded, and they still have 15 million shares left.