Although William llon was unaware of these two matters, he also proposed his own idea, which actually coincided with the two reasons for failure that Donnie had analyzed.
"For us, it's not important, because with us charging ahead, these individual investors already have a bridgehead, so they will no longer employ the tactics of a disorganized mob. Furthermore, Sinclair Oil Corporation isn't a real capital behemoth; as long as we exhaust all the cash they can mobilize at present, when the wall falls, the onlookers will push. No matter which side they are on, they won't actually lend a hand, because they simply won't have the ti to react!"
Donnie said confidently.
William llon reminded Donnie, "There's another critical factor that you haven't ntioned, probably because you haven't noticed it yet."
"What factor?" asked Donnie.
"It's the last straw that breaks Sinclair Oil Corporation. If it were rely a matter of capital competition, these people might not help Harry Sinclair, but they certainly wouldn't let Sinclair Oil Corporation fall, after all, both you and I know that Sinclair Oil Corporation is a quality oil company."
Its assets are also high-quality. Under such circumstances, there will definitely be so investnt institutions that will notice this, so they won't just watch Sinclair Oil Corporation fall. Therefore, at a certain mont in this great battle, perhaps when you think you're about to win, those people will definitely make a move, and by then, everything you are doing now might end up benefitting others!"
William llon explained earnestly to Donnie.
Donnie nodded and said, "So we must be fast, so fast that these people won't have ti to react, and we can end this battle. I believe there are indeed many forces watching this matter right now, but they can't be as attentive as we are, aware of every step in the process. Most importantly...Harry Sinclair won't be willing to give up his oil company, which is on the verge of earning tens of millions of US dollars in profit!"
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William llon looked at Donnie sowhat absently. In what Donnie had just said, William llon analyzed a lot, with the most crucial point being Donnie's control over the entire matter.
It seed that except for the minor incident in Atlantic City yesterday, the entire event's developnt was within Donnie's plans.
This required extrely acute market observation!
The insight into the psychology of investors, individual investors, even Harry Sinclair, was so refined that Donnie could make such precise calculations!
Donnie didn't concern himself with William llon's thoughts. Instead, he stood up with a smile and said, "Dear William, our ti in Atlantic City is over. It's ti for the final showdown. To prepare for the situation you described that might erge, perhaps we should set out for New York now!"
Before the battle began, Donnie had been stationed in Atlantic City. Now that Donnie was heading to New York, it actually signified that the battle was approaching its end.
The situation at the NYSE in New York was actually confirming what Donnie had said.
Jesse Livermore was the first to notice the anomaly, "Inform Mr. Block, our opponent's funds might be running low!"
Helen, sowhat puzzled, looked at Jesse Livermore and asked, "The other side's pace hasn't slowed down, has it?"
Jesse Livermore laughed and said, "They're still buying at the sa speed, but look at the current price, it's been fluttering back and forth around 51 cents, which ans the market is starting to react. I've always believed that the data does not lie. If everything were proceeding normally, Sinclair Oil's stock price should have at least risen to 53 cents by now, but not only has it not done that, it even occasionally drops a bit.
Plus, look at the trading desk over at Morgan's—Maciej Buck no longer has the spirited look he had yesterday. Although there's still a smile on his face, it's more like he's trying to boost his own morale. So I surmise that over at Sinclair Oil, they are now down to their last bit of funds. If all goes as expected, today's battle will deplete all their funds. Now, the only thing we need to ensure is that they maintain that last bit of hope until Mr. Block arrives in Atlantic City!"
Helen nodded and said, "You're the expert in this area. Donnie told to leave professional matters to professionals, so if you think it's ti for Donnie to co to New York, then I'll give him a call!"
After saying that, Helen left to make the call to Donnie.
When she returned, Jesse Livermore asked her, "Did Mr. Block say when he's coming over?"
Helen replied, "He had set out by the ti I called, and he should be on the train to New York by now!"
Jesse Livermore paused, then exclaid with so excitent, "Maybe you should convince Mr. Block to stay on Wall Street. He's the person with the clearest understanding of Wall Street I've ever seen. If Mr. Block could stay on Wall Street, I believe he would achieve phenonal success!"
Helen smiled at Jesse Livermore's praise, then said, "Livermore, do you think, if Donnie didn't have his base in Atlantic City, the things he's doing in Wall Street now could possibly succeed?"
Jesse Livermore paused and then said with a bitter smile, "You're right. I was being narrow-minded. Indeed, if Mr. Block didn't have everything in Atlantic City, he might have lost everything by now!"
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