As soon as the stock market opened, Belford Investment Company, as the sole issuer, first invested 100,000 shares of $1.50 in the stock market as usual.

Unexpectedly, within a minute, these stocks were swallowed by the market.

Many brokerages who didn't get it all shouted in dissatisfaction. Unfortunately, no matter how dissatisfied they were, the first batch of low-priced shares were basically bought by the traders arranged by Frank.

Afterwards, dozens of stock traders stood up, left their seats, and rushed to Belford's trading seat with trading orders.

Shouting for 1.6 US dollars, 1.7 US dollars and so on.

Busan Mining was Belford's first listed client, and Frank paid special attention to this matter.

Not only directly poached a very good trading team from Citigroup, but also hired several analyst teams to advise on-site traders.

Since there are traders from brokerages who are bidding on behalf of clients and other brokerages on site, Belford's traders will certainly not release their shares so quickly.

But you can't stop shipping all the time, after all, the one with the highest bid doesn't have many shares to buy.

The best way is not to chase the highest price, but to chase the third or fourth highest price. The purpose is to create a phenomenon that the stock is easy to sell.

This, in turn, can entice low bidders to raise their bids again.

Two minutes later, 500,000 shares priced at US$1.9 were divided up by the market, and then 1 million shares were once again eaten by the broker at US$2.

Now everyone understands that the stock price of Busan Mining will definitely rise sharply today.

When Belford sold 20% of the 20 million shares in his hands, he sold 14 million shares in the morning, and the stock price soared to $5.

The on-site traders in Belford didn't dare to sell any more for a while, lest the price would be suddenly raised, and those who just wanted to make a profit would sell their stocks even more crazily.

In turn, the stock price plummeted like a flood.

And the stocks that can be bought in the market are suddenly reduced, which will at least make retail investors wait and see for a day or two.

Moreover, the senior traders are experienced enough, and they basically know whether a stock is profitable or not.

Call Frank to ask if he wants to keep the remaining 6% of the shares.

Frank immediately nodded to Noda Koji who was following him, and soon learned that the island country had already taken nearly a quarter of the previous 14 million shares, which was almost 3.5 million.

Frank quickly listened to the advice of the analyst team, and gradually slowed down the number and speed of shares invested in the stock market, and stabilized today's stock price first, lest Belford be ridiculed by his peers and considered unprofessional by shareholders after the plunge.

Before Busang Mining was listed, Li Changheng had already bought 350 shares in the subscription process.

This time, together with the 350 shares taken by the island country, it not only fulfilled Li Changheng's order to hold a minimum of 5% of Busang Mining, but also exceeded 2%.

Frank immediately felt relieved, and then he was thinking about how to stabilize today's issue price.

As for the remaining 6% of the shares, after Frank thought about it, he quickly gave up his plan to secretly let the company he arranged continue to take in.

After all, these shell companies outside the United States are indeed eligible to buy in the market, but there are too many tradable shares left in their hands, and the risk of being targeted by others is not small.

Moreover, Frank already felt that the price of $5 was a bit high at this time, even if he bought it, he would not make much money.

After all, the gold reserves temporarily announced by Busan Mining are only 1 million ounces, worth 140 million US dollars.

Based on the current price of 5 US dollars, the stock price of Busan Mining has soared to 500 million US dollars.

The market will be so bullish because some people are betting that more gold reserves will be discovered in the future.

Frank really didn't know Wells and Asta at this time, and was preparing a new 10 million ounce proof document, waiting for the stock price to fall, and it would be announced by Jakarta.

Otherwise, he would not let go of any opportunity to make money.

On the contrary, Li Changheng, who knew the news, did not intend to tell Frank, lest this guy secretly buy a large amount, and couldn't help but sell it at the New York Stock Exchange at a high price, and people would be caught.

But Li Changheng really underestimated Frank this time.

Having worked **** Wall Street for several years, Frank has long understood how to avoid the scrutiny of relevant departments in the United States.

But since he knew that Li Changheng planned to sell Belford, and Li Changheng promised that he would become one of the shareholders of Citigroup in the future, Frank's honesty this time is surprising.

However, if you think about it carefully, this is actually understandable.

Belford's valuation has exceeded 2.5 billion U.S. dollars, and Frank, who owns 20% of the shares, has a net worth of 500 million U.S. dollars.

Coupled with the fact that he has accepted the fact that Belford will inevitably sell, and even looks forward to joining the Citigroup board of directors, Frank can still settle the matter.

----

In the evening, the major media once again reported heavily on Busan Mining’s listing today. The news that the opening price was US$1.50 per share and the closing price was US$4.30, with a trading volume of over 400 million, became the headlines of the next day.

Not only has the market value increased by 2.86 times, but the trading volume has also been unexpectedly frequent.

It is no secret that some people arbitrage and leave the market.

But the closing price was only 0.7 US dollars lower than the highest price, and 2.86 times higher than the issue price, which was considered very successful.

And that night Wells was not only drunk, but also went back to the hotel with a blonde beauty in his arms.

This makes some stockholders who are worried that the stock price will fall due to the departure of institutional arbitrage tomorrow.

While thinking about whether Wells still has any good news to announce, and worrying that Wells is a rookie in finance, he didn't see any trouble at all.

The stock price did drop the next day, but only all morning.

At around 2:00 p.m.~lightnovelpub.net~The news suddenly came out in the market that some former employees of Busan Mining who had bought the original shares went to a broker to buy the shares of Busang Mining when the stock price fell below $3.

As soon as the news came out, some people immediately felt that the good news of Busan Mining had not been announced, and some people also thought that it was just spreading false news by an organization that wanted to arbitrage and leave the market.

However, Busan Mining's stock price has indeed stabilized above $4, and it has never fallen below $4.

But this made those who were bearish on Gusang Mining and lost a large amount of capital dissatisfied and even angry.

That night, many people gathered outside the hotel where Wells was staying, calling for Wells to come out to clarify the news. Some people even said in the media that the former employees of Busan Mining were insider trading and asked the FBI to intervene in the investigation.

Wells, who got the news, threw his wine glass on the ground angrily and cursed.

If the prepared 10 million ounce gold reserve report is published, it will be equivalent to sending a group of friends to the FBI for coffee, and it will even be more troublesome if something is found out.

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