God of Technology: Creating the Internet in Another World-Chapter 339: Buy Like Crazy

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Chapter 339: Buy Like Crazy

"Don’t worry, for us, this is a small problem."

Viscount Roster waved his hand.

Honestly, for the stocks that belonged to him, whatever price he wanted to maintain them at, he basically could maintain them at that price.

If the market wanted to drop, he’d release some good news, then personally or jointly with some people buy up shares. However much others dumped, they’d buy that much, and naturally the price wouldn’t fall.

If the market was buying on a large scale and the stock price exceeded his plan, he’d just dump on a large scale. Sure, there were only 1 million shares circulating in the market, but there were another 3 million shares in the hands of him and those nobles. Hedging would be a piece of cake.

He didn’t care about whatever schemes those people were planning.

Compared to that, he was more looking forward to new companies flooding the market next, and the upcoming bond exchange launch.

As it turned out, those church people, or people from other interest groups, really did exactly that. The next day, the Wool Guild, Gray Fort United Factory Company, and many other companies outside the Church of Technology’s direct holdings went public.

First thing in the morning, tons of people appeared dumping their existing company stocks and then buying up new shares in large quantities.

Faced with this situation, the thousand-plus noble shareholders of the Roster Territory Group Company were thrilled.

Because... Viscount Roster had finally lifted their seal!

From now on, they could freely buy their own company’s stock however they wanted.

Sure, they didn’t get a piece of the action when it went from 1 gold coin to 18 gold coins—an 18-fold increase—but now, in their minds, the Roster Territory Group Company still had room to grow. As long as the Roster Territory Group Company announced their recent achievements, it would skyrocket.

Just buy like crazy and call it good.

Western Territory of the Kingdom of Dawn.

Pastoral Church.

The Pastoral Pope looked at the Magic Net, his whole body trembling with excitement.

When the Wool Guild went public, they directly divided all the company’s equity into 5 million shares, and this time, they directly put out 2 million shares for subscription. Among all listed companies, they had the most circulating shares.

The reason was simple—his son, Wool Ryan, believed that today was their biggest opportunity. With the Wool Guild’s market competitiveness, it wouldn’t be long before it got buried among countless stocks and could never be seen by the masses again!

As for the price, they didn’t deliberately lower the subscription price—3 gold coins per share.

Once all the circulating shares were subscribed, they’d directly get about 6 million gold coins in capital.

Of course, that was just in theory.

Through his observations during this period, Wool Ryan’s nimble brain had already developed some understanding of the stock market. "Father, don’t be nervous, keep buying, push up the price. The two of us together have only purchased less than 800,000 shares. There are still 1.2 million shares in other people’s hands."

"The initial amount was 3 gold coins per share. Now if we want to keep buying, it’s already close to 5 gold coins." The Pastoral Pope felt like his heart was trembling.

At 5 gold coins per share, he even wanted to sell off the entire Wool Guild.

Was the Wool Guild really worth this much money?

"The market is still hot. According to my analysis, because previously everything was the dragons’ and Viscount Roster’s industries with huge potential, constantly rising with almost no drops, this has caused many people to develop a mistaken perception—thinking that stocks only go up."

Wool Ryan was very confident. "If that’s the case, then we’ll keep pushing, don’t stop. When the market trading starts to become less active, we’ll dump at high prices."

"This price might be 8 gold coins, 10 gold coins, or even more. I’m not sure, but I’m certain it definitely won’t be today. Today our mission is to use every resource to make everyone think that our Wool Guild might be a monster stock, a potential stock, that’ll rise like crazy."

"Got it, keep buying, keep pushing up the price." The Pastoral Pope took a deep breath to calm himself down.

He’d already understood his son’s plan. After this bit of actual operation, he’d gained some understanding of the stock market too.

Basically, their family’s Wool Guild was worth at most 5 gold coins per share, but they were going to buy like crazy, throw money around like crazy, to make people feel like each share might be worth 8 gold coins, might be worth 10 gold coins.

When the price skyrocketed to that number, actually most people would already be going crazy because they’d see another miracle exploding.

Then they’d start dumping stock to the outside.

They’d sell off all the stock they’d hoarded. Never mind how much they bought later—just talking about these 800,000 shares in hand now, the cheapest was bought at 3 gold coins, the most expensive at 4.8 gold coins, but when selling, it’d be at least 8 gold coins.

The profit in that—you can imagine!

This made way more money than they usually made selling wool.

"Roster, looks like our original plan to target the Foster Iron Mine Company doesn’t need to happen. The Wool Guild, the Pastoral Church—really quite interesting!"

Viscount Roster, who was closely monitoring the stock market situation, suddenly received a message from Nidhogg the Dragon of Despair. He froze for a moment, then reacted.

"Their stock price definitely meets the conditions, but will the people buying their stock really dump a lot at once and make the stock price crash? Will the Wool Guild step in to protect the price? If I remember correctly, the Wool Guild is pretty loaded."

Viscount Roster recalled some inside information he’d gotten. The parts about the Roster Territory Group Company had already been proven true.

So, there was a high probability those people were right now frantically buying up Wool Guild stock.

Hence the question.

He wasn’t sure what these idiots with too much money would do.

However, a reply appeared that he never expected: "The biggest buyer is the Wool Guild itself. The Pastoral Pope and his son have already purchased 900,000 shares, and they’re still trying to keep pushing up the stock price."

"Honestly, I think this kind of operation is against the rules, but it fits our plan, so I don’t plan to intervene... Of course, that’s assuming they’re smart enough to crash it themselves and cash out on their own in the next few days."

Viscount Roster’s brain froze for a moment.

He hadn’t expected that there were actually people as bold as him—no wait, even bolder than him.

"Don’t intervene for now, just observe. Also, let’s start promoting the bond trading market and lay the groundwork for the next plan. When the Wool Guild stock crashes, that’s when our bond trading market fully launches. We’ll proceed according to plan as usual."

Viscount Roster and Nidhogg the Dragon of Despair quickly reached consensus.

"Wool Ryan, huh? Really quite interesting. I almost want to recruit you into our Church of Technology." Viscount Roster muttered to himself. "But should I communicate with him to make the plan go more smoothly?"

He knew the Pastoral Pope couldn’t pull off something like this.

Only Wool Ryan could.