America 1919-Chapter 810 - 277. Regained Sinclair Oil Corporation_3
Chapter 810: 277. Regained Sinclair Oil Corporation_3
“Go back to your room and rest, be careful not to catch a cold outside!” Donnie first said to Alice, and Alice obediently left, only then did Donnie continue speaking to Archie Roosevelt: “You are correct, but currently, besides me, no one else would take over Sinclair Oil Corporation at this time. If no one takes over, the value you speak of doesn’t exist.”
Having said that, Donnie paused briefly, then continued: “I know you have been suspecting that I was the one who exposed this issue, but I just received a call from Harding. Through the Bureau of Investigation, it has been clarified that it was British Military Intelligence Six who did this. As for why they did it, I think I need not say more, right?”
Previously, when everyone was suspecting that Donnie was behind this issue, he never mentioned anything about British Military Intelligence Six.
That’s because Donnie understood that what he claimed and what they discovered themselves would be two different outcomes.
As expected, upon hearing this issue was investigated personally by President Harding, both Theodore Roosevelt and Archie Roosevelt no longer harbored any doubts about Donnie!
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After all, British Military Intelligence Six indeed had the motive to do this.
Donnie continued: “To be honest, I am not in a hurry to acquire Sinclair Oil Corporation right now because I have other plans later on that require substantial cash.”
If it hadn’t been for Theodore bringing you here, I wouldn’t have made a move at this time!”
Theodore Roosevelt expressed his gratitude to Donnie.
Archie Roosevelt also looked displeased; he naturally understood what Donnie meant. Moreover, according to his character, he would only follow Theodore Roosevelt to Atlantic City when he had no other options.
It seemed that losing money this time was inevitable!
Archie Roosevelt sighed and said, “Alright, I agree to your offer, but I want to complete this deal now!”
Donnie smiled and said, “No problem!”
Soon after, Donnie made a phone call, and Fei Jackson soon arrived with the drafted share transfer agreement.
The follow-up was much simpler, both parties signed, Donnie acquired the shares of Sinclair Oil Corporation, and Archie Roosevelt obtained the cash, easing his financial troubles!
Afterward, the two brothers went to chat with Alice, while Donnie spoke to Fei Jackson: “Contact the shareholders of Sinclair Oil Corporation, tell them we only have three days. After three days, if they do not sell their shares of Sinclair Oil Corporation to us, such an opportunity will no longer exist!”
Fei Jackson nodded excitedly; he was truly impressed by Donnie’s actions this time.
First, when the share price of Sinclair Oil Corporation was at its peak, Donnie sold his shares in Sinclair Oil Corporation to Archie Roosevelt and Laze Madison, extracting a large amount of cash, then bought them back when the share price was at its lowest.
This in and out operation not only regained control of Sinclair Oil Corporation for Donnie but also yielded a huge profit.
What a miraculous strategy!
“Boss, rest assured, currently those shareholders of Sinclair Oil Corporation are probably scouring the world for someone to take over. They should be thanking us for appearing now!”
Donnie smiled and nodded, saying: “Alright, go get it done!”
After Fei Jackson left, Donnie first called Nucky.
“The stock I told you about before, the one that is still falling, is Sinclair Oil Corporation’s stock, I’ve just bought his Sinclair Oil Corporation’s shares from Archie Roosevelt, and Kafe is also contacting the other shareholders of Sinclair Oil Corporation. I believe they won’t have too much trouble selling the Sinclair Oil Corporation’s shares!”
Previously, Donnie had told Nucky that he would give him a direction for investment. Although Donnie now fully controlled Atlantic City, New Jersey, Nucky’s performance was very satisfying to Donnie, considering him a good partner.
For Sinclair Oil Corporation, Donnie had never thought of gaining full control and privatizing it, so he still needed some partners!
After hearing Donnie out, Nucky instantly understood Donnie’s intention and was also amazed, admiring Donnie’s operation immensely.
“I got it, I will have someone handle this immediately!”
Donnie laughed after hearing this and asked, “Aren’t you worried that after buying, Sinclair Oil Corporation under my control might not be able to truly revive?”
Nucky responded with a relaxed smile, “We’ve known each other for almost four years now, and I have never seen you, Donnie, engage in a losing deal. Since you dare to step in at this time for Sinclair Oil Corporation, what do I have to fear!”
After a brief chat, the two hung up, and Donnie then dialed the second phone call to Jesse Livermore, who was equally distressed by the plummeting stock price of Sinclair Oil Corporation!
Initially, when the stock price of Sinclair Oil Corporation started to rise, Jesse Livermore speculated based on market changes that the stock price would continue to rise, so after alerting Donnie and seeing no action from him, he started using his funds to acquire Sinclair Oil Corporation’s stocks.”
Now with the stock price of Sinclair Oil Corporation starting to plummet, Jesse Livermore naturally faced losses!
Upon hearing Donnie’s voice, Jesse Livermore said helplessly, “Donnie, if you continue to succeed like this, it will undermine my investment philosophy!”
Donnie smiled and said, “We’ll talk about these things later. Now you have two choices, you continue holding the shares of Sinclair Oil Corporation, but its share price will need some time to recover back to your buying price. The second choice, according to the current market conditions, sell them to me!”
