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America 1919-Chapter 447 - 176. When the wall falls, everyone pushes (A ten-thousand-word chapter, repaying the debt~)_2
I didn’t take that sentence to heart at the time, but now it seems we must seriously reconsider our relationship with Donnie Block!
James O’Neal nodded and said, "The most important thing is that if Donnie Block wins this time, he will make a killing from this short-selling battle, and then he will have even more cash in hand."
I remember Albert Furr once told us, Donnie Block is someone who always seeks revenge for even the smallest slight; he never shows mercy to his opponents!
The words of James O’Neal made Robert Stewart’s face turn even uglier.
If that’s the case, then what will Donnie Block do after short-selling Sinclair Oil Corporation and having a huge amount of cash in hand?
Robert Stewart said, "If I were Donnie Block, I would go after your Prestley Petroleum Company or my Indiana Standard Oil Company!"
"Can we withstand it?" James O’Neal sent a soul-searching question to Robert Stewart.
"It depends on what you decide!" Robert Stewart said calmly, "If you decide to continue being an enemy to Donnie Block, then you have to start raising cash for yourself now. I believe that with you collecting funds in advance, Donnie Block is unlikely to succeed, but..."
"But if that’s the case, I will be tied up with a massive amount of cash, just like Harry Sinclair right now. To maintain the stock price of Prestley Petroleum Company, I can only slowly sell off the stock purchased during the fight against Donnie Block over the next year or so."
James O’Neal saw the future in Robert Stewart’s statement.
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"Yes, that’s right." Robert Stewart nodded and said, "If you don’t want this battle to turn into a war of attrition, then there’s only one other option left!"
James O’Neal understood what Robert Stewart meant, saying, "Perhaps now we should give Eduardo Doheny a call, to find out from him what Donnie Block’s attitude might be when dealing with us!"
If they don’t want to go to war with Donnie Block, then their only choice is to concede!
But such a concession, given their prior actions, is essentially a humiliating choice.
For the sake of their wealth and influence, they understand that sometimes, even in humiliation, they must grit their teeth and bear it!
Without much further thought, the two immediately called Eduardo Doheny.
At this time, Eduardo Doheny had already returned to Los Angeles, and from his home, he continuously followed the Sinclair Oil short-selling battle via radio.
"Darling, do you know when people are the happiest?"
At this moment, Eduardo Doheny was sitting by the swimming pool of his mansion, with his arms around a woman in the latest bikini style, happily saying.
The woman giggled and said, "Isn’t it the few seconds of bliss when we just merged body and soul?"
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Eduardo Doheny laughed loudly and said, "That is very happy, but for me, the happiest moment is not that; it’s realizing that sometimes it’s wise to bow your head a bit to save oneself a lot of trouble. If I hadn’t gone to Atlantic City back then, I might be the one with a headache now!"
The woman didn’t understand what Eduardo Doheny meant, and in fact, she didn’t want to understand. In her view, her happiest moment would be soon, when Eduardo Doheny pays her.
After the laughter, Eduardo Doheny still felt a bit of a scare. If he hadn’t decisively bowed to Donnie Block initially,
he might be the one facing this dilemma today.
Although most outsiders think that Sinclair Oil Corporation is still able to buy stocks on the market and believe that the company is very robust and has a promising future, hence should not have any problems,
people like Eduardo Doheny, who have been or are market manipulators, can already see that Sinclair Oil Corporation is now actually at the end of its rope.
Several million dollars’ worth of stocks may seem insignificant to Sinclair Oil Corporation, which has a market value of over 50 million US dollars.
But the stock market sometimes doesn’t work that way.
Donnie Block across still seems very tenacious; now, to these people, Donnie Block is like an unfathomably deep abyss, and nobody knows where his bottom line lies.
But these people understand the situation of Harry Sinclair. At this point, Harry Sinclair can hardly come up with much cash, and being at the forefront of this battle, he is, in effect, the banner of this war.
If this flag falls, it will immediately trigger a terrifying chain reaction; those individual investors won’t care if it’s just that person who’s failing, not the company.
In their eyes, Harry Sinclair is Sinclair Oil Corporation.
Then, covered by a panic-stricken mindset, some will start selling off Sinclair Oil Corporation’s stocks, and this will be nothing like the sporadic selling before; this time it will be a widespread selloff.