Novel Square
Chapter 895 Financial Attack
Chapter 895 Financial Attack
“Yes, sir.”
As per Wilfred's instructions, Serena promptly demanded that the Downey family initiate a financial assault on Dragon Fide Corporation.
The prominent figures of the corporate world then quickly took out their phones to check Dragon Fide Corporation's stock prices.
There was a substantial disparity in financial resources between the Downey family and Dragon Fide Corporation.
However, once the Downey family initiated their financial attacks, other prestigious families swiftly followed suit, launching their own simultaneous offensives against Dragon Fide Corporation.
In no time, Dragon Fide Corporation's stock prices skyrocketed, forcing out many of the individual stockholders.
Such an abnormal surge spelled disaster for Dragon Fide Corporation.
In essence, the Ten Prestigious Families were investing significant sums of money to acquire Dragon Fide Corporation's stocks.
They would buy the stocks at the price of sixty-eight and sell them when they rise to a hundred and fifty, making a profit that was more than double the initial price.
The funds earned from these transactions originated from Dragon Fide Corporation's reserve funds and investments made by individual stockholders who had been consistently supporting and placing their trust in the company.
The individual stockholders could not receive the news quickly enough.
They would not know why Dragon Fide Corporation's stocks were rising all of a sudden, but they guessed that it was good news, so they hurriedly followed suit.
Thus, more and more individual stockholders were dragged into the chaos that was the exponential rise of Dragon Fide Corporation's stock prices.
In less than ten minutes, Dragon Fide Corporation's stocks had risen from sixty-eight to a hundred and thirty-nine.
Merrily, Wilfred looked at Donald and said, “Well? What do you think, Donald? You only dared to challenge me because you thought you have Dragon Fide Corporation to back you up, right? Once the Downey family sells off a large amount of Dragon Fide Corporation's stocks, your company's doomed. If you get on your knees and beg for mercy, maybe I'll consider giving you a little more time before annihilating your company. How about that?”
The prominent figures of New Littbourg's corporate world knew that the Downey family was a powerful force, but they never anticipated that the Downeys could actually launch a successful attack on Dragon Fide Corporation.
Everyone was sure that Donald was screwed.
Without Dragon Fide Corporation's support, even Geraldine would be doomed, let alone him.
Donald rubbed his temples and sighed. “I'd like to know which family initiated the attack. Is it the Downey family or the other families?”
“Is there a difference? The Ten Prestigious Families have all taken part in this to deliver you a fatal attack.”
Donald nodded and agreed with him, “You're right. There isn't any difference. Since you were all involved in this, I guess you'll all have to pay for your reckless act.”
Pay for our reckless act? Does this brat know what he's talking about?
Right then, Donald took out his phone to make a call.
“Don't show any mercy. Get rid of the Ten Prestigious Families.”
As soon as those words were out of Donald's mouth, everyone around him became sure that he had lost his mind.
Dragon Fide Corporation already had a hard time dealing with the Downey family on a good day, but now, Donald was claiming he would get rid of the Ten Prestigious Families altogether.
He was simply delusional. Property © NôvelDrama.Org.
The Ten Prestigious Families earned their titles through their longstanding presence in the area. They were expansive families with such immense power that it was beyond imagination.
Nevertheless, after ending the call, Donald turned to Wilfred and said, “If you'll kneel before me and beg for my mercy, I'll let you keep a few hundred so that you won't starve.”
“Donald Campbell, don't bother wasting your time arguing with me. You think you're tough, huh? Well then, fine. I'll make sure you understand the weight of your actions and feel the sting of regret.”
Turning to face Serena, Wilfred said, “Raise the price to a hundred and fifty and sell the stocks.”
“Yes, sir.”
Following Wilfred's instructions, Serena raised Dragon Fide Corporation's stock prices to a hundred and fifty.
Yet, just as she was about to sell the stocks, she realized that someone else was withdrawing their investment at an even faster pace.