Chapter 966: The Lighthouse Country is in Chaos
Under the dual pressure of angry selling by shareholders and short selling by hot money, United Fruit's stock began to plummet, falling through three limit downs in a row.
Some people wanted to take advantage of the opportunity to secretly buy at the bottom, but unfortunately, how could the hot money allow others to affect their ability to make money? They continued to suppress the stock price and, at the same time, began to spread various unfavorable news about United Fruit off the market.
When it comes to doing this kind of thing, these speculative capital groups are much more professional than Zhang Tuohai. They fabricated news of all sizes, causing the industry to generally be pessimistic about United Fruit, so much so that as soon as the market opened the next day, the stock price of United Fruit fell through three limit downs in just the morning.
At this point, even the other shareholders who were just watching the show could no longer sit still and began to sell off their stocks, once again driving down the share price of United Fruit.
The more the stock price falls, the more investors want to sell, and the more investors want to sell, the more the stock price falls.
At this point, United Fruit's stock price was like an avalanche, and it rushed downwards, carrying with it panicked investors.
After one afternoon, United Fruit's share price was less than one-tenth of its original value, which could be described as an avalanche.
If the story ended here, it would just be a tragedy for United Fruit.
However, some very smart people started to make associations.
Since the shares of United Fruit have plummeted, what about other fruit companies?
What about the upstream and downstream enterprises of avocado?
Shipping, transportation, cold chain, finishing, specialty stores
Will they all plummet?
After all, it all started with avocados.
These people began to sell the relevant stocks and shared the secrets with relatives and friends.
In the stock market, once a secret is known by two people, it is no longer a secret.
As friends of the crowd spread the word, panic began to spread, and many skeptical people tried to sell some of their stocks, causing the stock price to fall.
The falling stock price confirmed their speculation, making them even more panicked and continuing to sell their stocks.
As a result, other related stocks also began to fall.
Seeing that the situation was not good, several major giants immediately came out to issue a joint statement, saying that the company's financial condition was good and would not suffer losses, so shareholders could rest assured.
Looking at the stocks that were plummeting, investors were not willing to believe the lies of these giants. They guessed that these giants must be selling their stocks and letting them take over. They were not willing to be fooled and sold their stocks at a loss.
This caused the stock to collapse again and even triggered the circuit breaker mechanism.
Seeing the circuit breaker mechanism, investors became even more panicked. They remembered the stock market countless people lost their fortunes and went from being petty middle class to becoming homeless people in the park.
The horrific memories came back, and in order not to become one of the homeless people, investors began to sell off their stocks and minimize losses as much as possible. This also led to an overall decline in the stock market, with only a few stocks such as Coca-Cola, fried chicken, and the military-industrial complex standing out.
At the same time, gun shops of all sizes on the street were crowded with people, and many people began to rush to buy guns and bullets in case of emergency. The large number of purchases even directly cleared out the inventory that had been accumulated for many years.
Many stores have started to place expedited orders.
Even purchase restrictions were introduced.
However, the more purchase restrictions there are, the more it will stimulate people's desire to buy.
They are all restricted, so it must be a hot commodity. If you don’t grab it today, it will be gone tomorrow. Buy it!
Another round of panic buying was triggered.
The huge profits have made the military-industrial complex smile from ear to ear. They even want to let this trend continue so that their revenue will reach a new height, the year-end financial report will look good, and everyone will have a generous year-end bonus.
In order to maintain this revenue, people in the arms control complex began to take action, fabricating panic speeches and writing short articles.
The content is mostly about a young man living alone at home being killed by an armed robber on the spot. If he had a gun, he could protect himself.
And so on.
And it began to spread virally through marketing accounts.
The people are so blindly obedient.
Start buying guns and ammunition in large quantities.
Panic began to spread and then affected an unexpected group: the gangsters who had just arrived in the Lighthouse Country.
At the beginning, these gangsters were just watching the show, but as they watched, they discovered a problem: there were more and more people with weapons around them, and the income from their "business" was getting less and less.
The number of customers in nightclubs also dropped significantly, and revenue plummeted.
The gangsters who are used to a life of luxury and extravagance naturally don't want to live a hard life anymore. How can they find money?
Of course, I'll use my old tricks to grab it!
Shootings have skyrocketed.
We receive hundreds of police calls every day, and there are even more that are not answered.
Almost every day you can see people being shot and lying dead on the streets.
The police were unable to handle the situation, so they simply began to reduce their police force and only protected the safety of the wealthy areas. As for those guys whose bodies were found on the streets, they could only consider themselves unlucky.
The stock price is getting lower and lower. Those who sell their stocks at a loss are considered lucky. The worst off are those retail investors who cannot even sell their stocks at a loss. Their money is stuck in the stock market and they cannot take it out. They are absolutely not allowed to default on the monthly bills. If you dare to default on the bills for one month, the tax department will definitely come to your door the next month to drive you out, and then forcibly auction off your house to pay off the debts.
In order to avoid being driven out and with guns in their hands, these people came up with a solution. They started going to the streets to buy things for free to supplement their household income.
At night, the entire Lighthouse Country became a large Gotham City. The occasional gunshots and rising flames made people feel like they had arrived in a war zone.
The rich have strengthened their security systems and even gone abroad to avoid the spotlight.
Civilians can only hold on to their guns and pray the thugs don't storm their homes.
Because there are more and more guns in the hands of the people, the probability of the gangs encountering tough guys is getting higher and higher, the losses are getting bigger and bigger, and the gains are getting smaller and smaller. In order to obtain higher profits, they began to expand the time of committing crimes, from night to day.
This has resulted in many residents being afraid to go out to work during the day.
Those who were unable to go out were ruthlessly fired by the company.
Without a job and with bills looming, they are left with only two options: go bankrupt and become homeless, or join a gang and shift the harm to others.
Confusion began to grow and panic began to spread.
Zhang Tuohai, who had been staying in the Chicken Roll Kingdom, was stunned.
He swore that at first he just wanted to cheat United Fruit out of some money and seek compensation for the people of Straw City. However, he didn't expect that his action would be like pushing down a domino, causing the lower classes of the entire Lighthouse Country to fall into panic and confusion.
If this continues, it may turn into riots that spread across the country.
This was something he had never expected.
"Would you like to give it another push?"
Zhang Tuohai held his chin and began to think.
