Reborn in America, I am a legendary short seller on Wall Street.

Chapter 137 Precision Sniping (4k)

Monk Rothstein was taken aback by James Keane's reply, realizing he had somehow run into a brick wall.

However, he quickly changed his mind and said with a smile,

"Mr. Keane, that's great! If you can just withdraw your buy orders and help us lower the stock price, that would be perfect! If you can do me this favor, all this money is yours—a full 60, no less!"

James Keane chuckled coldly and said calmly, "Mr. Rosstein, I've heard of your name for a long time. You're one of the most feared gang leaders on the East Coast. Also, as you said, you might be working for Mr. Adams, so logically, I should help you with this. That would be fair to both you and Mr. Adams..."

As James Keane spoke, Monk Rothstein nodded, thinking that James Keane would probably help him out of consideration for him and Senator Adams…

“But…” Keane’s tone suddenly rose, and Monk Rostan’s heart sank.

Mr. Keane has a but...

Monk Rothstein looked at the other man, only to see Mr. Keane give a disdainful smile and continue speaking.

"...But you have to understand, stocks have their own rules. The US sugar industry is being encouraged by positive news and is rising steadily. How could such a stock possibly be driven down in price? Even if I don't buy, others will push the price higher. Mr. Rosstein, give up. This stock will rise to over 200. This isn't something you or I can control; even God can't change the trend of a stock..."

Monk Rosstein paused, realizing he hadn't explained clearly, and quickly smiled and clarified.
“Mr. Keane, that’s not it. What I said just now was inaccurate. I didn’t want you to drive the stock price down, I just wanted you to leave a price range at a low price… As long as you can drive the stock price down to $100, just once, that will solve my problem!”

Monk Rothstein's idea was actually quite simple: the other party was after his betting bank, and the American sugar stocks that the betting bank had bought were all priced above $100.

If the other party insists on closing out positions at the current price, the betting company will go bankrupt today, and the Rothschild gang's accumulation over the years will vanish.

The only option now is to sacrifice the pawn to save the king and let James Keane, the greatest stock manipulator, help us drive the stock price down to $100!

As long as the price is printed on the quotation tape for just one brief moment, the bloody catastrophe facing the Rothschild gang will vanish without a trace.

Monk Rothstein brought the $60 hoping James Keane would create a small gap in the stock price. Regardless of the future stock price of American Sugar, at least for today, the crisis in Metropolis would be resolved…

James Keane immediately understood what Rostan meant, and he frowned as he asked, "Are you having problems with the betting company?"

Monk Rostan nodded emphatically. "Yes, just as you expected... so my request is simple, you just need to leave a price. That shouldn't be too difficult for you."

James Keane hesitated. He glanced at the clock on the wall; it was already 12:40 PM, less than 20 minutes before the market opened…

Seeing that Mr. Keane hadn't directly refused, Monk Rothstein knew there was a chance, so he walked to both sides and said in a seductive tone,

"...To be honest, the betting company is Mr. Adams's business. Today, someone is taking advantage of the sugar price surge to cause trouble at the betting company. If you just place a bet of $100, even for a moment, it'll be enough for me to expose those malicious fraudulent orders..."

Seeing that Mr. Keane was still hesitating, Monk Rothstein continued, "Whether it succeeds or not, the $60 is yours, and I will never go back on my word!"

James Keane hesitated for a long time before turning to Monk Rostan and saying, "It's outrageous for a trader like me to be involved in a raid on a betting company..."

Monk Rothstein bowed his head and pleaded again, "Please help us, for Mr. Adams' sake, for God's sake!"

James Keane nodded slowly, sighed softly, and said, "Alright... I'll help you with this, but there's something I need to tell you beforehand..."

Monk Rosstein quickly looked up, a smile spreading across his face, "You said..."

“In a moment, I will withdraw all my buy orders and use all my holdings to drive the stock price down as fast as I can. I will try to drive it down as low as I can, but I cannot guarantee that I can definitely push the stock price below $100. Do you understand?” James Keane said, looking at him.

"I understand, I understand!"

“Okay! To be honest, I think if the sugar stocks lose my buying power, and if we launch a surprise attack right after the market opens at 1 p.m., it’s possible that they could reach $100, but it’s only a possibility…” Keane continued to explain.

“I trust your operations!” Monk Rostan was delighted to see that the other party had already explained the trading plan and knew that Mr. Keane had a good grasp of it.

Keane looked at the four boxes of US dollars and gold coins and continued, “I’m not making money off you in this deal, but you should know that this $60 isn’t for me, it’s for my fund. After all, to help you with this, I have to drive down the stock price, and that will cause my existing positions to suffer losses… So this $60 is compensation for my losses, not a reward for me!”

Monk Rosstein readily agreed; he would agree to any condition as long as it would eliminate the danger to the betting company!
Mr. Keane nodded, then turned and asked inside, "Robert, how many shares of American Sugar do we have now?"

Mr. Keane's office had a small cubicle. His trader rushed out and respectfully told Mr. Keane, "After accounting for the shares sold when the stock was driving up, there are still 3 shares left..."

Mr. Keane raised an eyebrow, scratched his face, and said to Monk Rothstein, "Oh, exactly $60 in stock, very good, it seems like fate..."

He then turned to his traders and said, "Send a telegram to the trading floor, instructing them to sell their shares as soon as the market opens this afternoon, until all 3 shares of U.S. Sugar are sold! Sell at market price, drive the price as low as possible!"

The trader nodded hurriedly and went to send the telegram. Mr. Keane's traders executed his instructions unconditionally!
Monk Rothstein glanced at the clock on the wall; there were still seven minutes until the market opened at 1 p.m. A smile spread across his face. He thought to himself, "With Mr. Keane's help, the Metropolis's predicament can be resolved this time!"
James Keane's face showed a hint of displeasure...

Shorting against the stock market trend was never my intention. Besides, dumping shares of US sugar companies now would really wipe out a lot of profits…

But as people age, they are no longer as unscrupulous as before, and Mr. Keane did not want to offend Adams and the Rothschild gang.

In truth, if Keane truly wanted to help, he could have continued to allow the traders to short the stock naked, but that would have amplified his own risk infinitely. Besides, he had already done more than enough by using 3 shares to drive down the stock price...

The others gradually left the room, leaving only James Keane and Monk Rothstein...

Monk Rothstein glanced at James Keane's displeased expression, then at the clock on the wall; it was almost 1 p.m. when the market would open...

After thinking for a moment, Rostan casually asked a question, hoping to ease the awkwardness between them:
“Mr. Keane, I’m curious, why did you place the stock quote machine so high up?” Rostan asked, pointing to the quote machine on the wall.

James Keane glanced back, frowned, and slowly said, "This height will force me to keep my body tense when looking at the paper tapes, and remind me to have awe for the market..." Keane paused, suddenly realizing he was doing something "against the market," and his displeasure deepened...
.
Meanwhile, Larry and Logan were sitting in their seats at the Reading Company, enjoying the first batch of experimental products that Logan had just brought over: steamed milk tea and pioneer barbecue!
These two products were specially delivered by Huang Meitang at noon.

He delivered the food and drinks to Paine Weber Securities, assuming Larry would be at his office, but to his surprise, only Logan was there. Logan was taken aback when Huang Meitang showed up, but upon seeing the milk tea and beef wrap he was carrying, he immediately understood that this Chinese man wanted Larry to try the latest experimental product.

Logan scratched his nose and said, "Larry works at another brokerage firm... Never mind, come with me, we'll go find him together."

As he spoke, Logan called over his security guard, Mr. Dunbar, and together they arrived at Reading Securities Company with Huang Meitang.

At Reading, Larry received his order confirmation. He sold all 1050 shares of U.S. Sugar at $178.25, making a profit of $87290. If he included his initial investment of $24,900, his total profit would be $112,190.

This doesn't even include the gains from Colt's suspended stock trading.

Larry was already very satisfied, even though this time he made money through insider information he had planned... but he had to admit, insider information is fucking awesome!

The portly manager of Reading Company watched Larry's retreating figure with a look of awe...

The fat manager had been watching Larry go long on Colt and then on U.S. Sugar! In just a few days, he'd made over ten thousand dollars on those two stocks!

If this blond young man isn't someone personally favored by God, then he must be Satan himself...

Because no one will ever have such terrifying trading skills again!
The chubby manager had been wanting to talk to Larry about commission rebates, but seeing Larry just sitting there looking at his sales reports, he never dared to go up and bother him.

Just then, someone came looking for Larry.

The portly manager's face stiffened when he saw that there was a Chinese man among them. He originally wanted to drive him away, but when he saw that his important client, Mr. Livingston, was greeting them warmly, he let him go.

"Larry, I brought you your food!" Logan said playfully, sitting next to Larry.

On the other side was Huang Meitang, who was holding a small bamboo food box. He politely said to Larry, "Mr. Livingston, as you instructed, we have tried to make samples of steamed milk tea and Pioneer barbecue. We came here at noon today specifically to let you try them."

Larry's eyes lit up, and he quickly asked Huang Meitang to hand over the food box.

When the food box lid was opened, the aroma of roasted meat and the fragrance of milk tea wafted out, making Logan, who was sitting to the side, sniff involuntarily.

"It smells delicious! Come on, let's all try some! Logan, this is yours, you especially have to try it, after all, you'll be the one doing most of the business from now on; Mr. Dunbar, you have to have one too, you haven't eaten yet, have you?!"

Larry saw that there were more than a dozen kebab rolls in the food box, so he started distributing them around the store, wanting to hear the opinions of any unrelated third party.

Everyone took a few bites of the kebab rolls, their faces showing delight, and they nodded repeatedly.

Larry listened to everyone's feedback while having Huang Meitang write it down.

After delivering the kebabs, Larry slapped his forehead, realizing he'd forgotten to save one for himself...

However, there is also steamed milk tea.

Larry had Huang Meitang bring out the five bottles of milk tea, which were in milk bottles, and offered them to Logan and Mr. Dunbar. He kept one bottle for himself, and for the remaining two bottles, Larry specifically asked two female employees from Reading Company to try them as well…

The two female employees took a sip of their milk tea, and their faces immediately showed disbelief.

"It's so delicious!" exclaimed a female receptionist.

“Oh, sir, I’ve never had black tea before… This tastes amazing!” another female cleaner exclaimed.

Larry had Huang Meitang write down everyone's feedback, then sat back down and turned to Logan, asking, "What was the price of my American Sugar deal this morning?"

He was referring to his pre-market order at Paine Weber Securities.

Logan, who was eating with his mouth full of grease, heard Larry's question and quickly stuffed the rest of the barbecue into his mouth, saying excitedly, "Oh my God! I almost forgot, your transaction price was $108. I thought I had bought at a high price, but... I never thought this stock could rise to $178. Really, it's unbelievable!"

Larry nodded, thinking to himself that although he had Logan place a pre-market order that morning, U.S. Sugar was a hot stock today, so it was normal not to get the opening price.

I wonder how many people are waiting to buy shares of American Sugar today.

It's already very good that you can buy it for 108!
Larry planned to hold onto his shares in his Paine Weber Securities account for a few more days, and then casually transfer the $11 from his current Reading account to his bank account.

Just then, it was one o'clock in the afternoon.

The stock quote machine started clicking away, printing stock quotes one by one onto the paper tape, which then became chalk writing on the quote board.

A customer sat at the quoting machine at Reading, reading a slip of paper to his clerk. He pulled out a slip, frowned, and suddenly shouted towards the quotation board,

"US Sugar, $172.5!"

Upon hearing the offer, Larry jumped to his feet, his eyes fixed on the price list.

Logan was startled and stood up as well, asking, "What's wrong? Larry! You scared me..."

Larry's earlier ease had vanished, replaced by a serious expression. He watched as the young man wrote down the latest American sugar prices on the price list, then turned to Logan and said...

"Something's wrong! There's something wrong with the stock price of American Sugar."

(End of this chapter)