Building The Strongest Family-Chapter 10: Earning ₡230 Million [ 1 ]

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Chapter 10: Earning ₡230 Million [ 1 ]

A few minutes later, Arthur expertly maneuvered his Aether GT into a parking spot at an imposing skyscraper adorned with "Panterra National Bank" emblazoned across its top.

Stepping out of his car, he took a moment to admire the towering structure before entering the bustling bank lobby.

Inside, people hurried past him in crisp suits; lines formed at various counters as employees attended to clients.

Before long, a striking woman caught Arthur's eye, a tall figure clad in a professional suit with wavy dark brown hair cascading down her shoulders.

Her high heels clicked confidently on the floor as she approached him with an enchanting smile that radiated professionalism.

With piercing blue eyes framed by stylish glasses and skin like porcelain, she turned heads wherever she went, even Arthur couldn'thelp but admire her beauty without any ulterior motives.

"Hello sir! My name is Clara. How may I assist you today?" she asked warmly.

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"Hi Clara! I'm Arthur," he replied with an easy grin. "I'd like to trade in stocks; your bank offers stock trading services, right?"

"Yes indeed, Mr. Arthur! Please follow me," Clara said enthusiastically as she led him toward an elevator bound for the 45th floor.

The Panterra National Bank is one of the top five banks globally with branches in every major city.

Ding! The elevator doors slid open to reveal a vibrant trading floor buzzing with energy, giant screens flashed streams of information while traders moved about energetically.

Some wore expressions of joy or nervousness as they monitored market trends; others seemed lost in anticipation or anxiety.

Arthur turned to Clara, his eyes gleaming with excitement. "Miss Clara," he began, "I want to short sell, and my budget is quite substantial. I also need a private trading room and three experienced traders. Don't worry; the commission won't be low!"

Clara blinked in surprise, momentarily taken aback. "Please, Mr. Arthur, could you confirm your budget for the short sale?"

"₡5 million," Arthur replied with a smile, enjoying the shock that crossed Clara's face.

Regaining her composure, Clara said solemnly, "I'm sorry, Mr. Arthur, but I need to confirm this as part of our procedure."

"Of course! Just hurry up," Arthur nodded calmly.

"Don't worry; I won't waste your time," Clara assured him before quickly heading off to finalize the details.

Minutes later, she returned with a smile and said respectfully, "Everything has been confirmed, Mr. Arthur."

"Good," he replied and followed Clara into a cozy private trading room equipped with everything necessary for trading.

Shortly after entering, three young male traders appeared, with the oldest among them at just over thirty years old.

He seemed to be the leader of the group.

"Mr. Arthur," Clara introduced Simon with enthusiasm. "This is Simon, one of our best traders at the bank."

"Nice to meet you, Mr. Arthur!" Simon exclaimed as he extended his hand towards Arthur with a friendly grin that hinted at flattery; he was well aware of the hefty sum Arthur intended to trade.

"Nice to meet you too," Arthur responded coolly as they shook hands. "Mr. Simon, I don't have time to waste; can we proceed?"

"Absolutely! We can begin at any time," Simon affirmed seriously while signaling his colleagues to take their positions.

Arthur turned back to Clara and asked eagerly, "Miss Clara, how much leverage can I get?"

"As per our procedures and considering your current amount," she explained carefully, "you can apply for up to ten times leverage."

Arthur frowned slightly; he had hoped for more but quickly composed himself. "That's okay; please apply it for me."

"Okay!" Clara smiled in relief, she had feared he might disagree, and swiftly went about making arrangements.

With everything set in motion, Arthur deposited all ₡5 million into his newly opened securities account and declared confidently, "Let's begin!"

He glanced at his watch just as Aurora Technology stocks were set to open at 10:00 AM sharp, a perfect timing!

"How much are Aurora Technology stocks per share right now?" he inquired eagerly.

Simon and his team quickly operated their computers before reporting back: "Mr. Arthur, it's currently ₡20 per share."

Arthur's eyes lit up with determination upon hearing this news: "I want to short sell Aurora Technology using ten times leveragelet's dump all ₡5 million!"

Simon wasted no time as he directed his fellow traders to start borrowing shares from various brokers.

The PNB also holds shares in Aurora Technology, and can consider them brokers too.

With a confident nod, Simon initiated the operation. Armed with ₡5 million and leveraging it tenfold, he was set to control a staggering ₡50 million in holdings.

This meant he could hold onto 2.5 million shares, waiting for the price to dip before buying back at rock bottom, his profit would be the difference.

Minutes ticked by, and soon Simon and his team had borrowed about 500,000 shares.

Arthur glanced at the clock, anxiety creeping in as the moment for the CEO's big announcement approached.

"Can you hurry up?" Arthur urged, pacing nervously around the trading room.

An hour and a half later, they had successfully secured all 2.5 million shares. Arthur let out a sigh of relief; the pressure was palpable but now lifted slightly for Simon and his team as well.

"Mr. Arthur," Simon asked with curiosity, "why are we short-selling Aurora Technology? Isn't that risky? Their stock isn't looking good."

Arthur merely smiled enigmatically; his eyes sparkled with excitement. "Now start selling those shares quickly, but keep it discreet! We don't want anyone catching on that something's amiss."

"Yes, Mr. Arthur," Simon replied as they began to sell off their shares strategically without causing market fluctuations.

"Mr. Arthur, we've sold all the shares! Now we just wait," Simon reported.

Arthur nodded and took a seat with arms crossed,a smirk playing on his lips, as Simon and his colleagues monitored market activity closely while keeping an eye on news regarding Aurora Technology.

Suddenly one trader exclaimed, "Boss! News just broke that Aurora Technology has made a groundbreaking advancement in artificial intelligence! Their AI tech is five years ahead of everyone else!" His eyes widened in disbelief.

"What?!" Simon gasped, shock flashing across his face. "Quick! Check the stock price!"

"Damn! It's rising fast!" another trader shouted as they watched numbers soar on their screens.

Simon muttered absentmindedly, "How long ago did this news break? It's skyrocketing!"

"Mr. Arthur! The stock price is climbing rapidly!" Simon turned to see Arthur still smiling serenely at the screen displaying:

₡20 per share

₡20.9 per share

₡22.1 per share

₡22.56 per share

₡25.6 per share

Despite maintaining a calm exterior, Arthur's heart raced with excitement inside him.