America 1919

Jesse Livermore shook his head and said, "The ability to initiate this nationally watched short-selling battle has already proven Mr. Block's capabilities. Perhaps by then, Mr. Block might come up with even more brilliant strategies!"

Helen shook her head but did not respond to the question.

Jesse Livermore did not continue to delve into the question either, instead saying, "Miss Taft, today not only the media across New York but also business radio stations nationwide have joined this war. Our battle ahead will be even more fierce, and there may be some rebound, so I hope you are mentally prepared!"

Helen nodded and said, "I know, Donnie already told me!"

Jesse Livermore gave a wry smile, "It's really strange. If this had been before, under such circumstances, I would definitely have advised Miss Taft to persuade Mr. Block to give up, because in my view, it would have been an impossible victory. But now, I do indeed have the idea of winning this war,

even under today's circumstances!"

Helen finally showed a smile and said, "Maybe many people have the same idea as you!"

.

"Why is that?"

At the Ritz Hotel in Atlantic City, William Mellon wore a puzzled look on his face as he sat at his desk with various New York newspapers spread out in front of him, while Donnie sat on the sofa across from him, legs crossed.

"Why do I believe more firmly in your victory now, even as the winds have shifted?"

In response to William Mellon's question, Donnie spread his hands and laughed, "Maybe it's because my charm has completely won you over these past two days!"@@novelbin@@

William Mellon looked helplessly at Donnie and asked seriously, "Donnie, tell me, what's your backup plan? I know you must have one, right?"

Seeing the endless tactics from Donnie and the smile on his face at that moment, William Mellon was certain his hunch was correct. That accursed Donnie had worn that expression more than once these past days. Stay connected through My Virtual Library Empire

Although William Mellon had said more than once that he was ready for sincere cooperation, Donnie couldn't simply trust him because of that, so he didn't reveal his backup plan and instead began talking about something else.

"My dear William, you must have guessed it, right? Just last night, I received a call from Morgan."

William Mellon's expression changed abruptly. At this time, what else could Morgan possibly be calling Donnie about?

It must be about the IPO of Atlantic City Broadcast.

"Haven't you already said it? As people catch on, the valuation of these business radio stations will drop!"

William Mellon looked at Donnie expectantly, previously he had been very keen on Atlantic City Broadcast going public because he had reached an agreement with Donnie that Mellon Securities would handle the IPO of Atlantic City Broadcast. But the issue also lay there; in the arrangements made with Donnie, Atlantic City Broadcast was allowed to let other companies get involved.

Now that Morgan realizes the power of the business radio stations in the business war, they would definitely compete with him, and it would be like the previous investment in Surf Hotel, where he had to give up some of his shares.

Donnie guessed William Mellon's concerns and showed a slight smile, "Dear William, even if the market value of Atlantic City Broadcast goes down, it will still be higher than before, and besides, the higher the market value of Atlantic City Broadcast, the larger your profits, right?"

William Mellon naturally knew this, but the crux of the problem was that they also needed to give up some of their interests!

"Donnie, stop joking with me. How did you respond to Morgan!"

Donnie laughed heartily and said, "Actually, if Atlantic City Broadcast goes public now, it would be an excellent opportunity. I believe that the moment Atlantic City goes public, it will send shockwaves through Wall Street!"

William Mellon nodded subconsciously as this was one of the aspects he admired about Donnie. Everyone thought Donnie was shorting Sinclair Oil Corporation, but in the process, Donnie had managed to increase the market value of Atlantic City Broadcast by 50%. If based on the previous valuation of $30 million for Atlantic City Broadcast, the market value now was up to $45 million!

However, just as William Mellon was about to agree with Donnie, he suddenly realized something, then smiled and said, "No, Donnie definitely wouldn't take it public now!"

Donnie, wearing a smile, showed his confusion and asked, "Why not?"

William Mellon analyzed, "Atlantic City Broadcast has been too conspicuous in this short-selling battle, and that has certainly caused a sensation on Wall Street. However, this buzz may not all be positive; there could be negative repercussions. Because Atlantic City Broadcast has changed Wall Street's historical norms, such a change can make many people feel insecure. Indeed, Atlantic City Broadcast going public might attract a lot of attention,

but I think, where there is strong love, there must also be strong hate.

If I can think of this, then you must be able to think of it too. In such a case, it's very likely that some people will tamper with it when Atlantic City Broadcast goes public. Ordinarily, you might not consider these small manipulations significant, but right now, you're fully committed to shorting Sinclair Oil Corporation, even planning to later acquire it. So, you can't afford to let Atlantic City Broadcast go public at this time. It would be far too distracting and financially taxing."