The Son-In-Law Shot to Fame novel Chapter 896

Financial warfare could be described as both straightforward and challenging.

The simplicity lay in the fact that if the initiating party held the advantage of taking the first move and possessed substantial financial resources, there was little possibility of failure for them in the financial warfare.

After all, by consistently pouring money in to drive up the stock price, as long as individual investors were willing to follow suit, the market price would remain above the average level.

In other words, the withdrawing party would always make a profit, but the higher they elevated the price, the more severe the subsequent fall would be. As for the target of the financial attack, the consequences would be even more devastating.

The target price set for the Downey family's financial attack was hundred and fifty.

The majority of the individual stockholders would be unable to keep up with the Downey family when the Downey family abruptly withdrew at that price. The individual stockholders failed to be as synchronized as the Downey family, so Dragon Fide Corporation's market value rapidly declined.

Yet, what surprised the Downey family was how the stock prices stopped increasing after the price arrived at a hundred and forty-nine and a half.

This strange scenario resembled a surging wave that suddenly halted at a certain point, no longer continuing its ascent.

A sense of foreboding rose within Wilfred.

Could someone be mass selling the stocks now?

Just as that thought emerged in Wilfred's head, Dragon Fide Corporation's stock prices began plummeting.

Serena, who was in charge of the financial attack, panicked.

“Sir, the stock prices have dropped until a hundred and forty. Do we continue, or do we sell the stocks?”

Continuing meant continuously pouring money into their plan to rapidly drive the stock price back up within a short timeframe to restore confidence in individual stockholders and entice them to continue purchasing the stocks.

On the other hand, if they were to sell the stocks, they would be giving up on their target price and only gaining a marginal profit.

Yet, Wilfred had meticulously prepared this for a long time, collaborating with the Ten Prestigious Families to launch a substantial attack on Dragon Fide Corporation. If he were to only make a marginal profit and withdraw, how could he face the rest of the Ten Prestigious Families in the future?

“We'll continue!”