Life at the Top
Chapter 180
In the futures market, one could decide whether they wanted to buy or to sell. In other words, to take a bullish or a bearish stand.
It was a simple idea. Taking the bullish stand meant that you believed the stock index would increase, so when it did, you earned profits.
Taking the bearish stand meant that you believed the index would drop, so when it did, you earned profits.
All in all, it was a gamble of whether the stock indexes would drop or rise.
Jasper believed that the Hansel Index would drop, so he chose to take a bearish stand.
When in truth, the falling of the Hansel Index was a trend that not even God could change.
The figurative tsunami had appeared at sea level, and the only thing anyone could do now was run as high up as possible, since stopping the tsunami was impossible.
With both Weresoft losing the antitrust lawsuit and Barron’s article, sorrow filled Harbor City’s stock market.
The entire market was starting to crash, and retail investors were trying to escape. Everyone was selling their own stocks, but where would they find an investor who would take over the market at such a time?
For stocks to be sold out, it first required someone to buy them or the transaction could not be completed. Without anyone purchasing, the falling of prices was the only outcome!
stock markets all over the
dropping drastically and therefore lowered
stock price
were hugging their heads in disbelief at the current situation of Harbor Stocks’ trading market. Wails, sobs, screams, and
scene was one of absolute
time, media companies were trying to report the
the entire world knew that
situation only
press conference stating that they would do everything in their ability to guarantee the safety of investor’s funds while providing a series of favorable measures
City’s government was trying to use politics to reignite the stock market to
the entire market, the government of Harbor City’s press conference produced
prices continued
drop in the stock index was beyond what anyone had
it reminded Harbor City’s investors of the horrific memories
citizen had to pay for the economic fallout of one single
too low, thus leading to their cash flow breaking up and lastly the company closing down. The first thing that happened was the axing of
income and their entire family’s financial
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