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!
and stock markets all over
shares were dropping drastically and therefore lowered the
every stock
at the current situation of Harbor Stocks’ trading market. Wails, sobs, screams, and
was one
the latest news of the
knew that
only promoted more
government quickly set up an emergency press conference stating that they would do everything in their ability to guarantee the safety of investor’s funds while providing
government was trying to use politics to reignite the stock market to ensure that the city’s economy could continue
with the major trend of panic spreading through the entire
continued
in the stock index was beyond what anyone had
it reminded Harbor City’s investors of the horrific memories from the financial
had to pay for the economic fallout
and simple result was that the market price of companies would drop too low, thus leading to their cash flow breaking up and lastly the company closing down. The first
income and their entire family’s
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